Monthly SIPs Needed to Reach ₹1 Crore in 12 Years

If you want to have 1 crore rupees in 12 years through investments, you can use Systematic Investment Plans (SIPs).

How much you have to invest each month depends on how well your investments grow.

If the investment grows by 10% each year, you'll need to invest ₹36,000 monthly.

If your investments grow by 11%, you'll need to invest ₹33,500, and at 12% growth, you'd need to invest ₹31,250.

This works because of something called 'compounding' where your earnings also earn more money over time.