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MF Query: How to turn Rs 10,000 monthly SIPs into a Rs 5 crore retirement fund

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With a monthly SIP of Rs 10,000 and an assumed 12% return, it would take around 33 years to build a corpus of Rs 5 crore. However, if the SIP is increased by 10% annually, achieving the same Rs 5 crore target would take approximately 26 years, assuming the same return.

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