How to plan monthly SIPs to turn ₹1 lakh initial investment into ₹1 cr in 10 yrs?

A ₹1-lakh investment could grow to about ₹3.11 lakh in 10 years at an assumed 12% annual return. For a ₹1-crore corpus, the remaining ₹96.89 lakh needs to be created via SIPs. One could invest ₹41,703/month flat for 10 years or start lower at ₹28,700/month and increase the SIP by 10% every year as income increases, NDTV Profit reported.