Frequently Asked Questions — Reaching ₹1 Crore in 5 Years
How much monthly SIP is required to build ₹1 Crore in 5 years?
At an expected equity return of 12% CAGR, you need a fixed monthly SIP of approximately ₹1.21 L for 5 years (Total invested: ₹72.74 L, estimated wealth gain: ₹27.26 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 ₹1.02 L per month and increase it yearly as your salary increments occur.
How much one-time lumpsum is needed today to make ₹1 Crore in 5 years?
A single one-time lumpsum investment of ₹56.74 L in equity mutual funds compounding at 12% CAGR will grow to ₹1 Crore in 5 years.