Boond
SIP needed for ₹50 lakh in 5 years
At 12% a year, invest every month
₹60,620
for 60 months to reach ₹50 lakh. Starting with a 10% yearly step-up, you could begin at ₹50,790 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹67,600 | ₹40.56 lakh |
| 10% | ₹64,040 | ₹38.42 lakh |
| 12% | ₹60,620 | ₹36.37 lakh |
| 15% | ₹55,760 | ₹33.46 lakh |
Prefer to invest once? About ₹28,38,000 today, left for 5 years at 12% a year, also reaches ₹50 lakh.
Remember inflation: at 6% a year, ₹50 lakh in 5 years will buy about what ₹37.36 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.