SIP Step-Up Calculator
SIP Step-Up
Calculate the future value of a Systematic Investment Plan with annual step-up increases in monthly contribution
Rs.
%
years
%
Formula
Future Value = Sum of each monthly SIP compounded at monthly rate, with SIP amount increasing annually by step-up percentage
Frequently Asked Questions
What is a SIP step-up?
A SIP step-up means increasing the monthly investment amount by a fixed percentage every year. For example, a 10 percent step-up on a Rs. 10,000 SIP would increase it to Rs. 11,000 in the second year.
How much difference does a step-up make over time?
A step-up can significantly boost long-term wealth. A Rs. 10,000 SIP with a 10 percent annual step-up over 20 years at 12 percent returns can accumulate nearly double compared to a flat SIP.