How much SIP is needed to reach ₹10 lakh in 3 years?
To reach ₹10 lakh in 3 years at 12% a year, invest about ₹23,213 a month. You put in ₹8.36 L and growth supplies ₹1.64 L.
- Monthly SIP needed
- ₹23,213 (good)
- For 3 years at 12% a year
- Money you put in
- ₹8.36 L
- 84% of the goal
- Growth
- ₹1.64 L (good)
- 16% of the goal
- Goal in today's money
- ₹8.4 L
- At 6% inflation
- Year-1 SIP if it rises 10% a year
- ₹21,191
- Ends at ₹25,641 a month
Open the Goal SIP Calculator with these numbers filled in
The numbers in charts
Your money vs growth in reaching the goal
- Your money₹8.36 L · 83.6%
- Growth₹1.64 L · 16.4%
Show the numbers
| Part | Value | Share |
|---|---|---|
| Your money | ₹8.36 L | 83.6% |
| Growth | ₹1.64 L | 16.4% |
Your path to the goal
- Your money
- Growth
Show the numbers
| Year | Your money | Growth | Total |
|---|---|---|---|
| 0 | ₹0 | ₹0 | ₹0 |
| 1 | ₹2.79 L | ₹17,793 | ₹2.96 L |
| 2 | ₹5.57 L | ₹71,147 | ₹6.28 L |
| 3 | ₹8.36 L | ₹1.64 L | ₹10 L |
SIP for ₹10 lakh in 3 years at different returns
A higher return cuts the SIP you need, but it also raises the risk that the goal is missed; a rising SIP lowers the starting amount.
| Yearly return | Flat monthly SIP | Year-1 SIP, rising 10% a year | Total you invest (flat SIP) | Share that is growth |
|---|---|---|---|---|
| 8% | ₹24,615 | ₹22,419 | ₹8.86 L | 11% |
| 10% | ₹23,900 | ₹21,794 | ₹8.6 L | 14% |
| 12% | ₹23,213 | ₹21,191 | ₹8.36 L | 16% |
| 14% | ₹22,552 | ₹20,610 | ₹8.12 L | 19% |
Year by year: ₹23,213 a month towards ₹10 lakh
Watch the growth share climb: in the early years most of the balance is your own money, near the end most of it is growth.
| Year | You have put in | Value | Growth | Growth share |
|---|---|---|---|---|
| 1 | ₹2.79 L | ₹2.96 L | ₹17,793 | 6% |
| 2 | ₹5.57 L | ₹6.28 L | ₹71,147 | 11% |
| 3 | ₹8.36 L | ₹10 L | ₹1.64 L | 16% |
Questions about this scenario
How much SIP is needed to reach ₹10 lakh in 3 years?
About ₹23,213 a month at 12% a year. You invest ₹8.36 L in total and growth adds ₹1.64 L. At 10% the SIP rises to ₹23,900, and at 8% it is ₹24,615, so the return you assume changes the answer a lot.
Can I reach ₹10 lakh in 3 years with a SIP that rises every year?
Yes. A SIP that rises 10% a year can start at ₹21,191 a month rather than ₹23,213 and reaches the same ₹10 lakh at 12%. By year 3 you would be investing ₹25,641 a month, so it suits people whose income grows.
What does ₹10 lakh in 3 years mean in today's money?
With 6% yearly inflation, ₹10 lakh received after 3 years buys what ₹8.4 L buys today. To end up with ₹10 lakh of today's buying power you need ₹11.91 L in future rupees, which needs a SIP of about ₹27,647 a month.
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What the numbers say about ₹10 lakh in 3 years
Of the ₹10 L, you contribute ₹8.36 L (84%) and compounding at 12% supplies ₹1.64 L (16%). Every rupee you put in ends up as about 1.20 rupees at the finish.
With a 3-year horizon, your own contributions stay larger than the growth throughout: at the end ₹8.36 L is yours and ₹1.64 L is growth. A short period leaves compounding little time to work, so the monthly amount does most of the lifting.
The final year adds about ₹93,184 of growth on its own, 9.3% of the goal. Waiting one year to start means building the same ₹10 lakh in 2 years, which lifts the SIP from ₹23,213 to ₹36,948 (59% more).
If your pay rises, a SIP that increases 10% a year can start at ₹21,191 instead and finish at ₹25,641 a month in year 3. Should ₹10 lakh mean what it buys today, the figure must first grow by 6% a year to ₹11.91 L, and the SIP becomes ₹27,647. In today's rupees the ₹10 lakh you will actually receive is worth ₹8.4 L.
The calculation assumes a steady 12% every year. At 8% you would need ₹24,615 a month instead, and equity returns are far from steady, so many people aim a little above the figure or add a safety margin as the date approaches.