The monthly SIP you need for ₹10 Lakh
₹10 lakh is often the first serious savings goal — an emergency fund, a car, a postgraduate course, or the deposit that makes a bigger plan possible. Its shorter horizon makes it the goal where discipline matters far more than fund selection.
The table below is the practical answer to the question. Every cell is the monthly SIP required to reach ₹10 Lakh for that combination of tenure and annual return — read down for more time, across for a different return assumption.
| Time horizon | 8% return | 10% return | 12% return | 14% return |
|---|---|---|---|---|
| 5 years | ₹13,520 | ₹12,807 | ₹12,123 | ₹11,468 |
| 10 years | ₹5,430 | ₹4,841 | ₹4,304 | ₹3,815 |
| 15 years | ₹2,871 | ₹2,393 | ₹1,982 | ₹1,632 |
| 20 years | ₹1,686 | ₹1,306 | ₹1,001 | ₹760 |
| 25 years | ₹1,045 | ₹747 | ₹527 | ₹367 |
| 30 years | ₹667 | ₹439 | ₹283 | ₹180 |
Monthly SIP required to accumulate ₹10 Lakh. Assumes a constant return and investment at the start of each month.
What the numbers tell you
Two patterns show up clearly in that table. First, time matters more than returns. Moving from 10 years to 20 years at 12% cuts the required monthly SIP by far more than moving from 8% to 14% at a fixed tenure does. You control your start date; you do not control the market.
Second, the growth share rises sharply with time. At 5 years and 12%, you contribute roughly ₹7.27 L of the ₹10 Lakh yourself — compounding supplies the rest. Over a 30-year horizon your own contribution becomes a small minority of the final corpus.
How this is calculated
This is the standard future-value-of-an-annuity formula, rearranged to solve for the instalment rather than the maturity value:
- FV — your target, ₹10 Lakh
- P — the monthly SIP you need to find
- i — monthly return = annual return ÷ 12 ÷ 100
- n — number of monthly instalments
A note on inflation
Ways to get there faster
- Step up your SIP each year. Raising the instalment with your salary is the single most effective lever available to a salaried investor — see the Step-Up SIP calculator for the difference it makes.
- Invest bonuses as lumpsums. A one-time addition early in the journey compounds for the entire remaining period.
- Start now, adjust later. Beginning with a smaller SIP today beats waiting for the "right" amount — the table above shows what each year of delay costs.
- Keep costs low. Direct plans avoid distributor commission, which typically adds around 0.5–1% a year to your return compared with regular plans.