n NISM Certifications
NSM General NISM
Medium

According to the ZFunds app demo, what is the corpus difference after 10 years between a normal ₹5,000 SIP and a ₹5,000 SIP with ₹1,000 step-up?

Practice question from B10-S6 Operations Mastery — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    No difference

  2. Normal SIP: ₹12 lakh, Step-Up SIP: ₹19 lakh

    Correct answer

  3. C

    Both reach ₹15 lakh

  4. D

    Normal SIP: ₹10 lakh, Step-Up SIP: ₹12 lakh

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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