Build ₹1.30 Cr with ₹7,000 Step-Up SIP: Here's how

• Step-Up SIPs involve increasing monthly investment, typically by 10% annually, potentially yielding higher returns than standard SIPs.
• A monthly Step-Up SIP of ₹7,000, with a 10% annual increase, can potentially build a corpus of ₹1.30 crore over 20 years.
• This projection assumes an average annual return of 12% on mutual fund investments.
• Over the 20-year period, the total investment made would be approximately ₹48.11 lakh.

Why It Matters: Step Up SIPs can build ₹1.30 crore from ₹7,000 monthly, showing long-term wealth growth.