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Step-up SIP Calculator
See how increasing your SIP each year significantly boosts your long-term corpus.
Starting Monthly SIP₹5,000
Annual Step-up Percentage10% per year
Rate (p.a.)12%
Duration10 Yr
Step-up Corpus
₹16,87,163
+₹5,25,468 extra compared to flat SIP!
Total amount invested:₹9,56,245
Flat SIP final value:₹11,61,695
Underlying Formula
FV = ∑ [ P × (1 + s)^⌊m/12⌋ × (1 + i)^(n - m) ], where s is annual step-up %, i is monthly return rate, and m is the month index.
Compounding is assumed monthly in line with mutual fund SIP convention. All returns are illustrative and not guaranteed.
Frequently Asked Questions
What is a Step-up SIP?
A Step-up (or top-up) SIP allows you to automatically increase your monthly investment by a fixed percentage (e.g. 10%) every year in line with your salary increments.
How does a 10% step-up help?
Over a 10 to 15 year window, a modest 10% yearly step-up can almost double your final wealth accumulated compared to a static flat SIP.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Calculators are meant for financial education and planning purposes only and should not be construed as investment advice.