Does ₹10,000 a month really reach ₹1 crore?
At 12% it does, in the very first month of the 21st year. The estimate is ₹99,91,479 after 20 years, and one more instalment with a month's growth takes it to about ₹1,01,01,494. See how the jumps get bigger. Years 15 to 20 alone add ₹49,45,719, almost as much as the first 15 years built (₹50,45,760).
But ₹1 crore in 20 years needs the full 12%. If the fund averages 10%, the same SIP is estimated at ₹76,56,969 after 20 years and takes 23 years to pass ₹1 crore (₹1,07,44,287). At 8% it is ₹59,29,472 after 20 years and still under ₹1 crore at 25 (₹95,73,666). So run the numbers at a lower rate too, and treat 12% as the good case.
Frequently asked questions
What will a ₹10,000 SIP give in 10 years?
About ₹23,23,391 at an assumed 12% a year. You put in ₹12,00,000 and the estimated gain is ₹11,23,391. Actual returns may be higher or lower.
₹10,000 SIP for 20 years: how much?
Around ₹99,91,479 at 12%, from ₹24,00,000 invested. That is close to ₹1 crore, but ₹1 crore 20 years from now will buy a lot less than it does today.
What is ₹10,000 a month worth after 5 and 15 years?
About ₹8,24,864 after 5 years and ₹50,45,760 after 15, at 12%. Five years is short for equity, as one bad year near the end can wipe out a good part of the ₹2,24,864 gain.
What does a ₹10,000 SIP become in 25 years?
About ₹1,89,76,351 at 12%, from ₹30,00,000 invested. The five years after year 20 nearly double the estimate, which is why stopping early costs so much.
