SBI Mutual Fund SIP Calculator: What is needed for Rs 1 crore, Rs 50 lakh, Rs 10 lakh, Rs 5 lakh in 10 years
SBI Mutual Fund SIP Calculator: There are several online mutual fund SIP calculators that give you an idea of how much may be needed to be invested for the desired lump sum over a period of time.

SBI Mutual Fund SIP Calculator: There are several online mutual fund SIP calculators that give you an idea of how much may be needed to be invested for the desired lump sum over a period of time. The SBI Mutual Fund is also offering an online SIP calculator which you may like to use for making an approximate calculation of the amount you may need to invest per month to achieve a desired financial goal. SIP, or Systematic Investment Plan, is considered to be a disciplined approach for mutual fund investment. The SBI Mutual Fund website describes: "SIP (Systematic Investment Plan) - is one of the most disciplined approaches to investments in mutual funds. It lets you set aside a fixed sum of money at regular intervals (weekly, monthly, and quarterly) with an objective to generate capital appreciation in the longer run. SIP investment inculcates the habit of savings, the best way to save regularly without fail is to make your Salary Day as your SIP date."
With the help of SBI Mutual Fund SIP calculator, here we are showing how much one may need to invest per month to reach a lump sum of Rs 1 crore, Rs 50 lakh, Rs 20 lakh, Rs 10 lakh and Rs 5 lakh in 10 years:
Rs 1 crore in 10 years
At an expected rate of 12% return, the SBI Mutual Fund SIP Calculator shows one may need to invest Rs 43,041 per month to reach Rs 1 crore in 10 years.
Rs 50 lakh in 10 years
At an expected rate of 12% return, the SBI Mutual Fund SIP Calculator shows one may need to invest Rs 21,520 per month to reach Rs 50 lakh in 10 years.
Rs 20 lakh in 10 years
At an expected rate of 12% return, the SBI Mutual Fund SIP Calculator shows one may need to invest Rs 8,608 per month to reach Rs 20 lakh in 10 years.
Rs 10 lakh in 10 years
At an expected rate of 12% return, the SBI Mutual Fund SIP Calculator shows one may need to invest Rs 4,304 per month to reach Rs 10 lakh in 10 years.
Rs 5 lakh in 10 years
At an expected rate of 12% return, the SBI Mutual Fund SIP Calculator shows one may need to invest Rs 2,152 per month to reach Rs 5 lakh in 10 years.
Before investing in mutual funds, investors should read the SEBI (Securities and Exchange Board of India) guidelines. SEBI defines Mutual Fund as " a mechanism for pooling money by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document."
Note: This article is for illustration purpose only. It doesn't intend to promote SBI Mutual Fund. Mutual Fund investments are subject to market risks. Hence, investors are advised to read all mutual fund-related information carefully.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

SBI Senior Citizen FD Rates: Want to invest Rs 3,00,000 in SBI FD? You can get this much maturity amount in 1 year, 3 years, and 5 years

EPS Pension Calculation: Rs 40,000 basic salary, 30 years of service, what will be your monthly EPS pension amount?

Retirement Planning: How one-time investment of Rs 11,00,000 can create a Rs 3,30,00,000 retirement corpus

Top 5 SBI Mutual Fund Schemes: Rs 1 lakh lump sum investment has grown to Rs 2.84 lakh-3.50 lakh in 5 years; see list

IND VS PAK Live Cricket Score Streaming APPS: When and where to watch India vs Pakistan ICC Champions Trophy 2025

SBI vs PNB vs BoB- 5 year FD Scheme: Which bank can give you higher return on Rs 1 lakh and Rs 2 lakh investment?

Monthly Pension Calculations: Is your basic pension Rs 25,000, Rs 45,000, or Rs 55,000? Know what can be your total pension as per latest DR rates

SIP, One-time Investment for Retirement Planning: Want to have Rs 50,000 monthly income at 60 ? Know how much you need to invest if you are 30, 35, 40, or 45 years old?

Income Tax Calculations: Is your annual salary Rs 6.75 lakh, Rs 9.25 lakh, Rs 14.50 lakh, or Rs 18.50 lakh? Know how much tax you will pay in old and new tax regimes
05:31 PM IST