Step-up SIP Calculator
Supercharge your wealth creation. Calculate how much more you can earn by increasing your SIP amount every year as your income grows.
₹
₹500₹1L
%
1%50%
%
1%30%
Yrs
1 Yr40 Yrs
Total Maturity Value
₹
Extra wealth vs normal SIP: ₹5,25,468
76.4% Absolute Return
Total Invested
₹
Est. Returns
+₹
Power of Stepping Up
By stepping up 10% annually, you'll reach ₹16,87,163 instead of ₹11,61,695 in a normal SIP.
Wealth Accumulation Forecast
Yearly Growth Schedule
| Year | SIP Amount | Total Invested | Maturity Value |
|---|---|---|---|
| 1 | ₹5,000 | ₹60,000 | ₹64,047 |
| 2 | ₹5,500 | ₹1,26,000 | ₹1,42,621 |
| 3 | ₹6,050 | ₹1,98,600 | ₹2,38,205 |
| 4 | ₹6,655 | ₹2,78,460 | ₹3,53,661 |
| 5 | ₹7,321 | ₹3,66,306 | ₹4,92,285 |
| 6 | ₹8,053 | ₹4,62,937 | ₹6,57,867 |
| 7 | ₹8,858 | ₹5,69,230 | ₹8,54,764 |
| 8 | ₹9,744 | ₹6,86,153 | ₹10,87,978 |
| 9 | ₹10,718 | ₹8,14,769 | ₹13,63,250 |
| 10 | ₹11,790 | ₹9,56,245 | ₹16,87,163 |
What is a Step-up SIP?
A Step-up SIP (also known as a Top-up SIP) is a powerful investment strategy where you increase your monthly SIP contribution by a fixed percentage or amount at regular intervals, typically once a year.
Why Step-up SIP is Better
Most people experience a gradual increase in their income over time due to salary hikes, bonuses, or business growth. A Step-up SIP ensures that your investments keep pace with your rising income, allowing you to reach your financial goals much faster than a static SIP.
Key Benefits
- • Beat Inflation: Increasing your investment helps maintain your future purchasing power.
- • Goal Acceleration: Reach your retirement or education goals years earlier.
- • Financial Discipline: Automates the process of saving more as you earn more.
How to Plan
- • Align your step-up % with your expected annual salary hike.
- • Start with a comfortable base amount.
- • Even a 5-10% annual increase makes a massive difference over 15+ years.
Frequently Asked Questions
What is a Step-up SIP?
A Step-up SIP (also known as a Top-up SIP) is a facility that allows you to increase your monthly SIP amount by a fixed percentage or amount every year. This helps you align your investments with your increasing income and reach your financial goals faster.
How does Step-up SIP benefit me?
Step-up SIP is highly effective because it leverages the power of compounding on a larger scale. Even a small annual increase (like 10%) can lead to a significantly larger corpus compared to a regular SIP over the long term.
Can I choose the step-up percentage?
Yes, most mutual fund houses allow you to choose either a fixed percentage (e.g., 5%, 10%, 20%) or a fixed amount (e.g., ₹500, ₹1000) for the annual increase.
Is there a limit to the step-up amount?
While there is no strict legal limit, individual mutual funds may have their own minimum and maximum step-up criteria. You should check the scheme information document for specific details.
Can I stop the step-up feature later?
Yes, you can usually modify or cancel the step-up instruction by submitting a request to the AMC or through your investment platform, provided you do so before the next scheduled increase.
Maturity Value
₹
Step-up Benefit
+₹5,25,468