Question: I plan to start an SIP of ₹10,000/month, and I want to increase my monthly instalment by 10% every year (a "step-up SIP"). Assuming the fund grows at a steady 12% per annum, what will my corpus be worth after exactly 5 years?
Answer: Approximately ₹9,74,822.

Supporting evidence:
title: Inline formula / method note
quote: Standard compound-interest/annuity mathematics applied to a step-up SIP schedule
context: Standard compound-interest/annuity mathematics applied to a step-up SIP schedule.