Step-up SIP Calculator
Project a step-up SIP that rises every year — maturity value, total invested and year-by-year growth when you increase your instalment annually.
How it works
Each month the balance grows by i (= annual return ÷ 12); at the start of every new year the instalment is multiplied by (1 + step-up rate). The maturity value is the compounded sum of all the rising instalments.
A step-up SIP raises your monthly instalment by a fixed percentage each year, usually to track rising income. Because the larger later instalments still get several years to compound, a modest annual top-up lifts the final corpus far more than the extra contributions alone would suggest. It is one of the simplest ways to reach a big goal without committing to a high instalment from the very start.
Worked example
Starting at ₹5,000 a month and increasing it 10% every year for 10 years at 12% grows to about ₹16.9 lakh, against roughly ₹11.6 lakh for a flat ₹5,000 SIP over the same period. You invest about ₹9.6 lakh in total, and the annual top-ups do the rest.
Frequently asked questions
How is a step-up SIP different from a normal SIP?
A normal SIP keeps the same instalment for the whole term. A step-up SIP raises it by a set percentage each year, so your investing keeps pace with income and inflation and the corpus grows noticeably larger.
What step-up percentage should I choose?
A common choice is to match your expected annual salary increase — often 5–10%. Even a small step-up compounds into a meaningfully bigger corpus, so pick a rate you can sustain every year.
Can I set up the annual increase automatically?
Most fund houses and platforms let you register a step-up (or top-up) instruction when you start the SIP, so the instalment rises on its own each year without you having to act.
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Educational estimate only, not investment advice. Mutual-fund and market-linked returns are not guaranteed and past performance does not predict the future. Verify current fund details and consult a SEBI-registered adviser.