In order to accumulate ₹1 crore, one may need to invest ₹30,000 every month for 10 years in a step-up SIP at assumed interest rate of 12% per annum, said NDTVProfit. Under step-up feature, investments need to be increased by 10% every year. With this, total value would be ₹1,01,23,001, with invested amount of ₹57,37,488 and estimated returns of ₹43,85,513.