Step‑Up SIP Calculator
Boost your wealth by increasing your SIP every year. Compare with a flat SIP and see the difference.
Year‑wise Growth (Step‑Up SIP)
| Year | SIP Amount | Invested | Corpus |
|---|
How to Use Step-Up SIP Calculator
- Set your starting monthly SIP. Enter the amount you plan to invest every month in the first year, e.g., ₹10,000.
- Choose an annual step‑up percentage. The default is 10%. Each year, your SIP amount will increase by this percentage, aligning with salary growth.
- Enter the expected return and tenure. Provide an annual return rate (e.g., 12% for equity) and the number of years you plan to stay invested.
- Click Calculate. The tool simulates month‑by‑month growth with payments at the start of each month, showing total invested, maturity value, gain, and a year‑wise table. A normal SIP comparison appears alongside.
Benefits of Step-Up SIP Calculator
- Demonstrates the power of increasing contributions yearly — a 10% step‑up can more than double the final corpus compared to a flat SIP over long periods.
- Realistic month‑by‑month compounding with payments at the start of the period mirrors how actual SIPs work.
- Side‑by‑side comparison with a normal SIP clearly quantifies the difference, helping you decide if a top‑up mandate is worthwhile.
- Year‑wise breakdown shows your rising SIP amount and accumulated corpus, making the growth path easy to follow.
Frequently Asked Questions
What is a step‑up SIP?
It is a SIP where the monthly contribution increases automatically every year by a fixed percentage, usually 5–10%. It is also called a top‑up SIP and is offered by most mutual fund platforms in India.
How much should I step up my SIP by?
A 10% annual increase roughly matches average salary increments in India. Even a 5% step‑up can significantly boost your corpus. Choose an amount you can comfortably sustain.
Does the step‑up happen automatically in my mutual fund account?
You need to set up a step‑up SIP mandate with your fund house or platform. The calculator only shows the projected outcome; the actual step‑up depends on the mandate you activate.
Is Step‑Up SIP Calculator free and private?
Yes — it is 100% free, needs no sign‑up, and everything runs in your browser; your data never leaves your device.
Disclaimer: Returns not guaranteed. Past performance doesn't predict future. For illustration only.