Is It Possible to Reach a ₹3 Crore Goal in 10 Years with SIP?

SIPs have long been championed as a powerful tool for long-term wealth creation. But what happens when your financial goal is particularly ambitious—say ₹3 crore—and the timeline is just 10 years? Is such a target even feasible?

Let’s explore 2 hypothetical scenarios using the calculator to understand how realistic this objective might be, and what kind of monthly investment and return assumptions are required.

Scenario 1: High Returns, SIP of 80,000 

• SIP Amount: ₹80,000 per month
  
• Expected Rate of Return: 20% per annum
  
• Investment Tenure: 10 years
  

Outcome:

• Total Corpus: ₹3,05,89,084
  
• Total Invested Amount: ₹96,00,000
  
• Estimated Returns: ₹2,09,89,084
  

While this scenario successfully meets the ₹3 crore target, it rests on a rather optimistic return expectation of 20% per annum. Such high returns are difficult to sustain consistently over a decade, making this scenario less practical for the average investor.

Scenario 2: Realistic Returns, Higher Investment

• SIP Amount: ₹1,08,000 per month
  
• Expected Rate of Return: 15% per annum
  
• Investment Tenure: 10 years
  

Outcome:

• Total Corpus: ₹3,00,94,985
  
• Total Invested Amount: ₹1,29,60,000
  
• Estimated Returns: ₹1,71,34,985
  

This scenario brings the return expectations to a more achievable 15% per annum. However, to compensate for relatively lower returns, the monthly investment needs to be increased significantly. ₹1.08 lakh per month might not be feasible for every investor, but it paints a clearer picture of the commitment required for such a goal.

Conclusion

A ₹3 crore corpus in 10 years is possible through SIPs, but it demands either a very high return or a significant monthly contribution. While SIPs remain a disciplined approach to wealth accumulation, aligning your expectations with market realities is essential.

The examples above are purely illustrative and meant to provide a perspective on what it takes to reach an ambitious financial milestone within a time frame of 10 years.

Plan your SBI SIP investments better! Use our easy-to-use SBI SIP Calculator and estimate future returns with just a few clicks. Your financial growth starts here.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.