1. Fix the Timeline
Decide by when you want 10 lakhs (e.g., 3 years, 5 years, 7 years). The shorter the time, the higher the monthly savings you’ll need.
2. Break Into Monthly Target
10 Lakhs in 5 years → ₹16,600/month 10 Lakhs in 3 years → ₹27,800/month 10 Lakhs in 7 years → ₹11,900/month
(Assuming no investment returns. With smart investing, the monthly need drops!)
3. Use Compounding Power
Instead of just saving, invest:
Mutual Funds (SIP in Nifty 50 Index / Flexi Cap funds) → 12–14% return PPF (safe, tax-free, 7–8% return) Fixed Deposits (6–7% return, safe but less growth)
👉 Example:
Invest ₹15,000/month in equity mutual funds at 12% returns = 10 lakhs in just 4 years
4. Automate Saving
Set up auto-debit SIPs right after salary credit. Follow “Save First, Spend Later” principle.
5. Cut Hidden Leaks
Avoid EMIs for depreciating things (gadgets, bikes, credit card debt). Track spending on Swiggy/Zomato, subscriptions, shopping.
6. Boost Income
Saving alone is slow → Increase inflow.
Side hustle (freelancing, coaching, digital work) Upskill for better job hikes Passive income (rent, dividends, YouTube/blog etc.)
7. Emergency Buffer
Keep 1–2 lakhs separately in liquid funds / savings account → so you don’t touch your 10L goal.
✅ Formula to remember:
Discipline + Compounding + Extra Income = 10 Lakhs Faster
📊 Monthly Investment Blueprint to Reach ₹10 Lakhs in 5 Years
💡 Total Monthly Saving Needed: ₹15,000
Investment Option
% Allocation
Amount / Month
Expected Return (5 yrs)
Final Value (approx)
Equity Mutual Funds (SIP in Nifty 50 / Flexicap)
50%
₹7,500
12% CAGR
₹5.4 Lakhs
PPF (Public Provident Fund)
20%
₹3,000
7.1%
₹2.1 Lakhs
Recurring Deposit / FD
20%
₹3,000
6%
₹2.0 Lakhs
Liquid Fund / Emergency Fund
10%
₹1,500
4%
₹1.0 Lakh
Total
100%
₹15,000
—
₹10.5 Lakhs