₹3,000 sip for 10 years
₹3,000 a month for 10 years grows to about ₹6,97,017 (6.97 lakh) at an assumed 12% annual return: you invest ₹3,60,000 and the projected gain is ₹3,37,017. at 10% it is about ₹6,19,656, at 15% about ₹8,35,972.
at different returns
| assumed return | projected value | projected gain |
|---|---|---|
| 8% a year | ₹5,52,497 | ₹1,92,497 |
| 10% a year | ₹6,19,656 | ₹2,59,656 |
| 12% a year | ₹6,97,017 | ₹3,37,017 |
| 15% a year | ₹8,35,972 | ₹4,75,972 |
you invest the same ₹3,60,000 in every row. only the assumed return changes.
year by year at 12%
| after | invested | projected value |
|---|---|---|
| year 1 | ₹36,000 | ₹38,428 |
| year 2 | ₹72,000 | ₹81,730 |
| year 3 | ₹1,08,000 | ₹1,30,523 |
| year 4 | ₹1,44,000 | ₹1,85,505 |
| year 5 | ₹1,80,000 | ₹2,47,459 |
| year 10 | ₹3,60,000 | ₹6,97,017 |
with a 10% yearly step-up
if you raise the ₹3,000 by 10% every year (from month 13), the same 10 years at 12% grow to about ₹10,12,298 on ₹5,73,747 invested.
in today's money
at 6% inflation, ₹6,97,017 in 10 years buys about what ₹3,89,211 buys today.
how this is worked out
monthly rate i = 12 / 12 / 100 = 1%, n = 120 months. with each payment at the start of the month, value = P x ((1 + i)^n - 1) / i x (1 + i) = ₹3,000 x ((1.01)^120 - 1) / 0.01 x 1.01 = ₹6,97,017.23.
illustrative only. mutual fund returns are not fixed or guaranteed; this assumes payments at the start of every month, the annual return compounded monthly (12% = 1% a month), and ignores tax, exit loads and fees. not investment advice.
same ₹3,000 a month, other durations
5 years 15 years 20 years 25 years 30 years
other amounts for 10 years
₹1,000 ₹2,000 ₹5,000 ₹10,000 ₹15,000 ₹20,000 ₹25,000 ₹50,000
all sip amounts and durations · sip calculator with your own numbers
questions people ask
What will a ₹3,000 SIP become in 10 years?
About ₹6,97,017 at an assumed 12% annual return. You invest ₹3,60,000 and the projected gain is about ₹3,37,017. At 10% it is about ₹6,19,656, at 15% about ₹8,35,972. Returns are not guaranteed.
How much do I invest in a ₹3,000 monthly SIP for 10 years?
₹3,60,000: ₹3,000 x 120 months.
What if I step up my ₹3,000 SIP by 10% every year for 10 years?
At 12% it grows to about ₹10,12,298, on ₹5,73,747 invested.