SIP Calculator Explained: How Long It Takes to Build Rs 10 Lakh

Kokila Chokkanathan
Systematic Investment Plans (SIPs) have become one of the most popular ways to invest in mutual funds in India. They allow you to invest small amounts regularly and benefit from the power of compounding over time. Here’s how long it can take to build a corpus of Rs 10 lakh with different SIP amounts.

1. SIP of Rs 1,000 per Month: Patience Pays Off

If you start investing Rs 1,000 per month at an average annual return of 12%, it will take approximately 20 to 21 years to accumulate Rs 10 lakh.

  • Shows the power of consistency
  • Ideal for investors who want to start small but stay committed
  • Demonstrates how time in the market beats timing the market
Even a modest SIP can grow significantly if you stay invested long-term.

2. SIP of Rs 2,000 per Month: Fast-Track Your Goals

Doubling your monthly investment to Rs 2,000 reduces the timeline significantly. At the same 12% return, your corpus of Rs 10 lakh can be achieved in around 15 years.

  • Small increase in SIP contributions can accelerate wealth creation
  • Perfect for investors targeting medium-term goals like a child’s education or car purchase
3. SIP of Rs 5,000 per Month: Achieve Milestones Early

For a more aggressive approach, investing Rs 5,000 per month helps you reach Rs 10 lakh in just 9 to 10 years.

  • Suitable for those aiming for shorter-term financial milestones
  • Helps in building wealth quickly for house down payments, vacations, or business investments
4. Why Timing the Market Doesn’t Work

Many investors wait for a market correction before starting their SIP, but the real secret is: time in the market beats timing the market.

  • The longer your money stays invested, the higher the exponential growth
  • Delaying SIPs can cost valuable years of compounding
  • Staying consistent through market ups and downs often delivers better results than trying to predict market dips
5. Step-Up SIP: A Smarter Wealth-Building Strategy

A step-up SIP allows you to gradually increase your investment every year by 5-10%.

  • Starts small to suit your budget
  • Grows corpus faster than a fixed SIP
  • Example: Starting Rs 2,000/month and increasing by 10% annually significantly boosts your total corpus over time
6. Key Takeaways for SIP Investors

  • Start Early: Early investments give more time for compounding
  • Stay Consistent: Regular contributions matter more than market timing
  • Increase Gradually: Step-up SIPs help maximize long-term wealth
  • Think Long-Term: Patience and discipline are essential for financial success
7. Final Word: Start Your SIP Today

Building Rs 10 lakh through SIPs is achievable whether you invest Rs 1,000, Rs 2,000, or Rs 5,000 per month. The most important factors are consistency, patience, and a long-term mindset.

Instead of waiting for perfect market conditions, start your SIP today and let the magic of compounding work for you. Your future self will thank you.

 

Disclaimer:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.

For more interesting updates click and follow Indiaherald WhatsApp channel

Find Out More:

SIP

Related Articles: