
How a ₹30,000 step-up SIP can grow into nearly ₹21 crore in 10 years
By starting a step-up SIP of ₹30,000 per month and increasing it by 10% every year for 10 years, a person can build a large corpus. The total investment will be about ₹7.57 crore. At an average return of 12% per year, the final amount can grow to nearly ₹21 crore. A step-up SIP increases investment automatically over time.Read more…