Frequently Asked Questions — Reaching ₹1 Crore in 20 Years
How much monthly SIP is required to build ₹1 Crore in 20 years?
At an expected equity return of 12% CAGR, you need a fixed monthly SIP of approximately ₹10,009 for 20 years (Total invested: ₹24.02 L, estimated wealth gain: ₹75.98 L).
Can I start with a lower SIP using Step-Up SIP?
Yes! By opting for a 10% annual Step-Up SIP, you can start with just ₹5,028 per month and increase it yearly as your salary increments occur.
How much one-time lumpsum is needed today to make ₹1 Crore in 20 years?
A single one-time lumpsum investment of ₹10.37 L in equity mutual funds compounding at 12% CAGR will grow to ₹1 Crore in 20 years.