Boond
SIP needed for ₹50 lakh in 30 years
At 12% a year, invest every month
₹1,420
for 360 months to reach ₹50 lakh. Starting with a 10% yearly step-up, you could begin at ₹570 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹3,340 | ₹12.02 lakh |
| 10% | ₹2,200 | ₹7.92 lakh |
| 12% | ₹1,420 | ₹5.11 lakh |
| 15% | ₹720 | ₹2.59 lakh |
Prefer to invest once? About ₹1,67,000 today, left for 30 years at 12% a year, also reaches ₹50 lakh.
Remember inflation: at 6% a year, ₹50 lakh in 30 years will buy about what ₹8.71 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.