How can a person build ₹1 cr corpus with ₹2,000 weekly investment?
An investment of ₹2,000 weekly or ₹8,000 per month in an SIP at an assumed return rate of 12% per annum can help one achieve the ₹1 crore target in 23 years. However, with a step-up feature by increasing the investments by 10% per annum, one can reach the ₹1 crore target in a shorter duration of 18 years.