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Crorepati Calculator: Charting your Course to ₹1 Crore

Crorepati Calculator

Standard Chartered Bank’s Crorepati Calculator steps in as an indispensable ally that helps you chart the most efficient, clear and actionable route to ₹1 crore by taking into account variables such as your income, expenses, investment horizon, as well as risk profile.

Monthly investment

Rs.

Please enter a value between 1000 and 1000000

Lumpsum investment

Rs.

Please enter a value between 0 and 10000000

Investment goal

Rs.

Please enter a value between 10000000 and 1000000000

Expected return rate %

%p.a

Please enter a value between 0 and 40

View as

*It may take

to reach your investment goal of data-investment-goal

The Complete Guide to Crorepati Calculator

Have you ever wondered what it would be like to have Rs. 1 crore or more in savings? The very thought seems almost unbelievable for most people. However, India has rapidly become an economic powerhouse over the last few decades. As more opportunities open up in business and careers, higher incomes are now achievable if one makes the right financial moves early on. This is where online crorepati calculators come into the picture.
Like GPS navigation guides you to reach any destination on the map, intelligent crorepati calculators empower individuals to chart their way to crorepati status through customized investment planning. By factoring key inputs like your income, expenses, time frame, and risk appetite, these handy tools provide crystal clear guidelines for systematically building your crore kitty. In the section below, we’ll discuss how to become crorepati in 10 years using this calculator.

The crorepati calculator helps you determine the amount of time you will require to reach your investment goal of ₹1 crore or more, based on inputs such as your monthly investments, lump-sum investments, your expected rate of returns, and more.

Standard Chartered Bank’s Crorepati Calculator lets you estimate the investments required for achieving a corpus of anywhere between ₹1 and ₹100 crores. All you need to do is:

  • Enter the amount you plan to invest toward the same monthly. If you plan to make lump sum investments, mention those as well.
  • Next, mention your investment goal amount, and enter an expected rate of return, based on your risk appetite.
  • Factoring in the three aforementioned variables, the calculator tells you just how long you would need to invest to reach your target amount, as well as the investments required and returns you can expect on them every month.

Results from the calculator are for illustrative purposes only. While the calculator can give you a fair idea of how to plan your investments to reach your desired corpus of ₹1 crore or beyond, it is important to note that market performance may not always be in line with your expected rate of returns. Keep in mind that tax implications on your investments, alongside expense ratios, exit loads and brokerage fees, can also have a significant impact on your returns.

1. Access: Anytime, anywhere

Our Crorepati Calculator offers unparalleled convenience. Access actionable insights and guidance to achieve your ₹1 crore target with just a few clicks, whether on your desktop or smartphone.

2. Clarity, every step of the way

The Crorepati Calculator demystifies the power of compounding and shows how your investments and subsequent returns evolve over time, delivering a clear, month-by-month projection of your corpus.

3. Action-oriented strategies

Our calculator lets you skip the guesswork and provides you with a concrete view of what your or lump-sum commitments should be, based on your end target amount and investment horizon, to help you plan your investments with conviction.

Becoming a crorepati is contingent on taking several steps such as:

  • Starting your investments early, to help you become a crorepati over the course of your life.
  • Diversifying your portfolio by investing in a mix of assets to try and mitigate concentrated risks, and subsequent losses
  • Spend time in the market, rather than timing the market. The longer you stay invested the more it allows you to harness the power of compounding for accelerated returns and rupee cost averaging to lower the cost of your investments and offset volatility.

Note that it is very important to factor in tax implications, as well as expense ratios and exit loads while planning your investments, as they can significantly impact returns. Additionally, it is also important to factor in the effects of inflation on your income and investments, as it can significantly impact the latter owing to a direct decrease in one’s purchasing power.

It is generally advisable to revisit your investments and risk profile annually. This is to ensure you can factor in any changes in your income or expenses following advancement in your career, or major life events such as marriage or purchasing a house.

“Standard Chartered Bank, India (‘Bank’) is an AMFI registered distributor of select Mutual Funds and referrer of other third-party investment products. The Q&A (quiz) above is strictly for illustrative purpose only and does not constitute any investment advice by the Bank. Do kindly note, Mutual Funds is just one of the many financial investment options which you can choose for achieving your financial goals. Please obtain independent financial advice before proceeding to transact on the basis of the above information. The Bank does not provide any investment advisory services as defined under the SEBI (Investment Advisers) Regulations, 2013 or otherwise. Investments are subject to market risk. Read scheme related documents carefully before investing. Apart from the RM-assisted journey, SC Invest is an EXECUTION-ONLY platform. The Bank does not offer any investment advice nor does it provide any investment recommendations in respect of any transaction executed through the SC Invest platform.

Results from the calculator are for illustrative purposes only. The calculator is provided only for simulation to give an estimation of the time period and investment amounts needed to achieve a specified investment goal based on a specified rate of return. This rate of return is not guaranteed and neither does it indicate actual, past, predicted or probable values. Investments in mutual funds, are subject to market risks and you may lose all or part of your original investment amount.  This page and the calculator are for information and educational purposes and are meant for use only as a reference tool. Applicable taxes and charges if any have not been considered. This page and the calculator have not been prepared for any particular person or class of persons. Please obtain independent financial advice before proceeding to transact on the basis of the above information. The products and services mentioned here may not be suitable for everyone. The value of your investments and the income from them can go down as well as up, and you may not recover the amount of your original investment. In the event that you choose not to seek independent professional advice, you should consider whether the products are suitable for you. Please refer to the relevant offer documents for detailed information.

The contents on this webpage are for general information only and does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration. You are fully responsible for your investment decision, including whether the product or service described here is suitable for you.

Standard Chartered Bank will not accept any responsibility or liability of any kind, with respect to the accuracy or completeness of the information in this webpage. The contents herein are for general evaluation only and has not been prepared to be suitable for any particular person or class of persons. Standard Chartered Bank makes no representation or warranty of any kind, express, implied or statutory regarding the contents on this webpage or any information contained or referred to herein. This webpage is distributed on the express understanding that, whilst the information in it is believed to be reliable, it has not been independently verified by us.

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