When will you become a crorepati?
Set your monthly investment, expected return and target. The almanac answers with a date — and shows what one extra thousand a month does to it.
Your plan
Equity funds have historically returned 10–14% p.a. over long periods; nothing is guaranteed.
Any existing corpus keeps compounding at the same return.
The verdict
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Year-by-year ledger
Milestone rows in green| Year | Invested so far | Growth so far | Corpus | In crore |
|---|
How this calculator works
Each month's instalment is invested at the start of the month and compounds monthly at your expected annual return (an annuity-due SIP, the convention most Indian fund houses use). Any existing corpus compounds at the same rate. The calculator then finds the first month in which your total corpus crosses the target and reports it as years and months from today.
The formula for the SIP part is FV = P × ((1+i)ⁿ−1)/i × (1+i), where P is the monthly amount, i the monthly rate and n the number of months.
Crorepati questions
How much SIP do I need to reach ₹1 crore in 10 years?
At 12% p.a., roughly ₹43,000 per month. At 15 years it drops to about ₹20,000, and at 20 years to about ₹10,000 — time is doing most of the work. Use the sliders above to see your own combination.
Is ₹1 crore still a meaningful milestone?
Yes, but inflation erodes it: at 6% inflation, ₹1 crore twenty years from now buys what about ₹31 lakh buys today. That's why the target slider goes well past 1 — and why the inflation calculator exists.
What return should I assume?
Long-run Indian equity index returns have historically been in the 10–14% band, debt closer to 6–8%. A conservative planning number many advisers use is 10–12% for equity-heavy portfolios. The default here is 12%.