How Fast Can You Get Rs 1 Crore with Rs 10,000 to Rs 1 Lakh SIP

By : Sachin Gupta Published : 9 June 2023

What is SIP?

[{"selector":"#anim-52a9a844-e3f2-4b50-ba10-825875a89c06 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3b5f660b-0306-40ed-8131-a613669ff85e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-03099942-8501-4a70-bcf7-d87a9fa3263d","keyframes":{"transform":["translate3d(0px, 94.68761%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8916cf6-14da-4d6e-ad26-ef0eb22ab38c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c711339-222f-4711-91e2-8fb93569eb13","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A Systematic Investment Plan (SIP), also known as SIP, is an option provided by mutual funds that allow investors to invest in an orderly way. SIP allows an investor to invest a set amount of money in a mutual fund scheme at predetermined intervals. What is SIP?

Become a Crorepati by investing Rs. 10,000 per month.

[{"selector":"#anim-8ceef44e-8964-4215-a9eb-f00052a0518f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-441e4a39-a33f-4a5d-b324-30ca375f2fcb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9085aaa3-255c-4222-bd41-c309728b2baa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6bfe2556-4cfb-4e7b-be52-d0808751207d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-86a973c7-461d-49f7-831f-1e5dac3e59be","keyframes":{"transform":["translate3d(0px, 94.68761%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Using a 12% CAGR and a monthly SIP investment of Rs 10,000, you can reach Rs 1 crore in 20 years and 1 month. A 5% annual increase in the amount of your monthly SIP payments will get you to Rs 1 crore at a 12% CAGR in 17 years and 10 months.

Become a Crorepati by investing Rs. 20,000 per month.

[{"selector":"#anim-f38c61b1-d421-4451-99df-e215c1cb291f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-906e6610-13e4-4943-8fb3-3834603ab452","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f908710c-68f4-42c8-82c4-2b6e8c7767dd","keyframes":{"transform":["translate3d(0px, 94.68761%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c366f89-8ffa-4bdd-b0d7-60af12e8c373","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca892617-abd9-46cd-8761-0089b72545c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A monthly SIP of Rs 20,000 will get you to Rs 1 crore at a 12% CAGR in 15 years. A 5% annual increase in the amount of your monthly SIP payments will get you to Rs 1 crore at a 12% CAGR in 13 years and 5 months.

Become a Crorepati by investing Rs. 25,000 per month.

[{"selector":"#anim-0723a1f8-96f3-44dc-8f30-704a5dbf44d5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-764250d8-1199-4c92-a548-a67b762ac77b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4fa09c34-ddf7-47c5-8ef9-cd23b2a76da7","keyframes":{"transform":["translate3d(0px, 100.07483%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-334ff58e-5a02-4e8f-b68e-0dd1141032c1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-313d771d-1d5f-4cb2-826d-e03f2a73c8bb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A monthly SIP of Rs 25,000 will get you to Rs 1 crore at a 12% CAGR in 13 years and 5 months. A 5% annual increase in the amount of your monthly SIP payments will get you to Rs 1 crore at a 12% CAGR in 12 years and 1 month.

Become a Crorepati by investing Rs. 30,000 per month.

[{"selector":"#anim-c3949fa4-7c95-4b6d-a20a-ead7a8645218 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-eb09771a-3e00-4467-adc2-1049d6f18514","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fcf3de20-e4a5-4d7d-8709-b831f48c1390","keyframes":{"transform":["translate3d(0px, 100.07483%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71a37e3b-7ef9-4e3b-b928-1cebb107fdfb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53b926dc-cc78-4749-880f-0f4c43650540","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A monthly SIP of Rs 30,000 will get you to Rs 1 crore in 12 years and 4 months at a 12% CAGR. You can reach Rs 1 crore in 11 years at a 12% compound annual growth rate by increasing your monthly SIP amount by 5% each year.

Become a Crorepati by investing Rs. 40,000 per month.

[{"selector":"#anim-e841f36d-c20f-437b-a730-e948d1393401 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ef3f9fc4-4993-4f64-b628-4807d7f7ea79","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-05fb01cc-26e5-49fb-8596-5c32c3efe1e0","keyframes":{"transform":["translate3d(0px, 100.07483%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-611b90fd-e2de-4709-84bf-30429f5759a2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10a18db8-4d0c-432b-9646-7457f58f32c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A monthly SIP of Rs 40,000 will get you to Rs 1 crore in 10 years and 6 months at a 12% CAGR. At a 12% CAGR, a 5% annual increase in monthly SIP amount will get you to Rs 1 crore in 9 years and 6 months.

Become a Crorepati by investing Rs. 50,000 per month.

[{"selector":"#anim-d2ffdd62-f1c6-488f-84d0-d7653397c22b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-681cdce2-7b8f-4f7e-ae65-eee438cd734d","keyframes":{"transform":["translate3d(0px, 100.07483%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ce55c84e-79a5-4ecf-b3a6-a996e341c3c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e5d98ea-29f6-4a09-9637-40ca68a3364b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A monthly SIP of Rs 50,000 will get you to Rs 1 crore in 9 years and 2 months at a 12% CAGR. At a 12% CAGR, a 5% annual increase in monthly SIP amount will get you to Rs 1 crore in 8 years and 4 months.

Become a Crorepati by investing Rs. 75,000 per month.

[{"selector":"#anim-e22c0d18-e1ae-4901-9f27-36f4bee8f614 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0f326516-e209-4dec-9172-efad98f8adbc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ae00be3-e930-4cc9-a4ac-ac22ec6bceff","keyframes":{"transform":["translate3d(0px, 100.07483%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bbc8d0af-e430-4e55-b3a0-43e92d985be2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7d0eb0e4-ff8e-4c07-a75e-4730db88d298","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A monthly SIP of Rs 75,000 will get you to Rs 1 crore in 7 years and 1 month at a 12% CAGR. You will reach Rs 1 crore in 6 years and 6 months at a 12% CAGR if you increase your monthly SIP amount by 5% each year.

Become a Crorepati by investing Rs. 1,00,000 per month.

[{"selector":"#anim-02dafc0e-425b-4f2d-a37b-b9e5fabc4a3f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fe37beb2-7ee4-4866-ba60-fdb7c30afa67","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2a09f3f-527e-4299-a933-96492a59b430","keyframes":{"transform":["translate3d(0px, 100.07483%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-69d0a010-a2e0-4c72-b992-45ddd87497a2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-51d4e343-e727-406e-8586-5115e35ef0e4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A monthly SIP of Rs 1 lakh will get you to Rs 1 crore in 5 years and 10 months at a 12% CAGR. At a 12% CAGR, a 5% annual increase in monthly SIP amount will get you to Rs 1 crore in 4 years and 5 months.

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[{"selector":"#anim-f6386d40-2ec0-429b-860f-18dff0a9d1b9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b8bdc8a-e9f3-459c-81a9-94a9c0e26d11","keyframes":{"transform":["translate3d(0px, 403.05570%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0f88aee-889b-4c40-82f8-f08272b8fe8b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Check out more 5paisa webstories More Webstories