Mutual fund SIPs, with a systematic investment approach, can help individuals build a Rs 1 crore corpus over time.
Investors are increasingly using techniques like 'step-up SIP' to maximize returns through the power of compounding in mutual funds.
Aiming for a Rs 1 crore target in 10 years via SIP investment entails monthly contributions, potentially utilizing 'step-up SIP' to manage increasing contributions over time.
Investors should carefully consider factors like inflation and capital gains tax when setting financial goals for optimal outcomes.