Step-up SIP: Build ₹10 Crore Fund Faster Than Traditional SIP

• Step-up SIPs automatically increase investment amounts annually, unlike traditional fixed-amount SIPs.
• This strategy helps build a significantly larger fund faster, leveraging compounding for long-term financial goals.
• For example, a Step-up SIP starting at ₹5,000/month (10% annual increase) can yield ₹12 lakh more than a traditional SIP over 15 years.
• A Step-up SIP starting at ₹10,000/month (10% annual increase, 15% return) can accumulate ₹10 crore in 29 years.
• It is ideal for individuals with annually increasing incomes, such as salaried employees, aiming for retirement or children's education funds.

Why It Matters: Step-up SIPs accelerate wealth building, creating larger funds faster.