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How long will a ₹10,000 step-up SIP take to reach ₹10 cr corpus?
An investment of ₹10,000 in an SIP stepped up 10% annually at assumed return rate of 15% will take 29 years to reach a corpus of ₹10 crore, as per Moneycontrol. The same investment will reach ₹1 crore in 15 years and ₹3 crore in 21 years. Over 30 years, an investment of ₹88.2 lakh will grow to ₹11.12 crore.
read more at Moneycontrol