The Economic Times

Can Rs 5 lakh lump sum and Rs 10,000 step up SIP create Rs 2 crore corpus in 20 years?

Combining a Rs 5 lakh lump sum with a Rs 10,000 monthly step-up SIP can help achieve a Rs 2 crore retirement corpus in 20 years. Experts advise consistent investing, even during market downturns, and increasing SIP amounts with income growth to combat inflation and maximize returns.