Boond
SIP needed for ₹50 lakh in 10 years
At 12% a year, invest every month
₹21,530
for 120 months to reach ₹50 lakh. Starting with a 10% yearly step-up, you could begin at ₹14,820 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹27,150 | ₹32.58 lakh |
| 10% | ₹24,210 | ₹29.05 lakh |
| 12% | ₹21,530 | ₹25.84 lakh |
| 15% | ₹17,950 | ₹21.54 lakh |
Prefer to invest once? About ₹16,10,000 today, left for 10 years at 12% a year, also reaches ₹50 lakh.
Remember inflation: at 6% a year, ₹50 lakh in 10 years will buy about what ₹27.92 lakh buys today.
Boond is a calculator, not investment advice. Mutual fund investments are subject to market risks. Returns shown are estimates at the rates listed, before tax.