Step-Up SIP Calculator
Model a SIP where the instalment rises by a fixed percentage every year, tracking salary growth.
What the Step-Up SIP calculator does
A step-up SIP calculator models a monthly investment that increases by a set percentage each year. Because contributions rise with income, the same starting instalment can produce a materially larger corpus than a flat SIP over long tenures, without requiring a higher initial commitment.
Your inputs
An assumption you choose — not a projection of any scheme's performance
Increase in your monthly instalment each year
Projected value
₹86,83,849
Invested
₹38,12,698
Estimated gain
₹48,71,152
Year-by-year projection
This is arithmetic, not a forecast. The output is a mathematical projection of the assumptions you entered. No returns are assured or guaranteed. Any illustration of returns is a mathematical projection, not a promise. Mutual fund investments are subject to market risks. Read all scheme related documents carefully.
How the step-up SIP calculation works
Each year: balance = (balance + instalment) × (1 + i), then instalment × (1 + step-up)
Rather than a closed-form growing annuity, each month is compounded individually and the instalment is increased once every twelve months. This avoids the precision errors that appear when the step-up rate and the return rate are close together.
Frequently asked questions
What is a step-up SIP?
A step-up or top-up SIP increases your monthly instalment by a fixed percentage or amount at a set interval, usually once a year. It is designed to let contributions grow alongside income.
How much should I step up each year?
Investors commonly align the step-up with expected annual income growth so the increase stays affordable. The right figure depends entirely on your own cash flow.
GrowIQ Capital provides financial data analytics, market information and educational content. We are not a SEBI-registered Investment Adviser or Research Analyst. Nothing on this platform constitutes investment advice or a recommendation to buy or sell any security. No returns are assured or guaranteed. Any illustration of returns is a mathematical projection, not a promise. Past performance is not indicative of future returns and does not guarantee future results.