Boond
SIP needed for ₹50 lakh in 15 years
At 12% a year, invest every month
₹9,910
for 180 months to reach ₹50 lakh. Starting with a 10% yearly step-up, you could begin at ₹5,760 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹14,360 | ₹25.85 lakh |
| 10% | ₹11,970 | ₹21.55 lakh |
| 12% | ₹9,910 | ₹17.84 lakh |
| 15% | ₹7,390 | ₹13.3 lakh |
Prefer to invest once? About ₹9,14,000 today, left for 15 years at 12% a year, also reaches ₹50 lakh.
Remember inflation: at 6% a year, ₹50 lakh in 15 years will buy about what ₹20.86 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.