A monthly step-up SIP of Rs 10,000 for 25 years, assuming a 12% annual return, is predicted to result in a portfolio value of Rs 3.93 crore by age 50.
"if you invest Rs 10,000 in a monthly step-up SIP for 25 years and get 12% annual return, then at the age of 50, the total value of your portfolio will be Rs 3.93 crore."