How much corpus does a ₹15,000 monthly SIP build over 10 years at 11% CAGR?
Scenario
Anjali, age 35, mid-career marketing manager in Mumbai, ₹18 lakh annual income, married with one child, ₹70K monthly household expenses
Inputs
- Years
- 10
- Inflation %
- 6
- Monthly sip INR
- 15000
- Expected return %
- 11
Calculation
- 1.
Total invested over tenure
₹15,000 × 120 months → ₹18.00 L
- 2.
SIP future-value factor at given rate and tenure
[((1+r/12)^n − 1)/(r/12)] × (1+r/12) → 218.99x
- 3.
Final corpus
₹15,000 × 218.99 factor → ₹32.85 L
- 4.
Wealth multiple on contributions
₹32,84,809 ÷ ₹18,00,000 → 1.8x
Conclusion
₹15,000 SIP over 10 years builds approximately ₹0.33 crore — roughly 2× the principal invested through 11% compounding.
Tradeoffs
Assumes 11% steady CAGR; real Indian equity returns vary year-to-year. With 6% inflation, ₹0.33Cr in 10 years has purchasing power of roughly ₹0.18Cr in today's money. Step-up SIP (10% annual) typically adds 25-40% to terminal corpus.