Step-Up SIP Calculator
See how increasing your SIP amount annually accelerates wealth creation.
Breakdown
Invested
₹19,06,349
Wealth Gained
₹24,35,576
Total Value
₹43,41,925
Schedule
| Year | Invested | Value |
|---|---|---|
| 1 | ₹60,000 | ₹64,047 |
| 2 | ₹1,26,000 | ₹1,42,621 |
| 3 | ₹1,98,600 | ₹2,38,205 |
| 4 | ₹2,78,460 | ₹3,53,661 |
| 5 | ₹3,66,306 | ₹4,92,285 |
| 6 | ₹4,62,937 | ₹6,57,867 |
| 7 | ₹5,69,230 | ₹8,54,764 |
| 8 | ₹6,86,153 | ₹10,87,978 |
| 9 | ₹8,14,769 | ₹13,63,250 |
| 10 | ₹9,56,245 | ₹16,87,163 |
| 11 | ₹11,11,870 | ₹20,67,258 |
| 12 | ₹12,83,057 | ₹25,12,171 |
| 13 | ₹14,71,363 | ₹30,31,783 |
| 14 | ₹16,78,499 | ₹36,37,395 |
| 15 | ₹19,06,349 | ₹43,41,925 |
What is Step-Up SIP (Top-Up SIP)?
A Step-Up SIP (also called Top-Up SIP) is a variation of a regular SIP where the investment amount increases every year by a fixed percentage. This allows investors to gradually increase their contributions as their income grows, helping build a larger investment corpus over time.
Unlike a regular SIP where the monthly investment stays constant, a Step-Up SIP increases the SIP amount once every year by a fixed step-up rate.
How Step-Up SIP (Top-Up SIP) Works
For example, if your SIP starts at ₹10,000 per month and you choose a 10% annual step-up, your monthly SIP becomes: Year 1: ₹10,000, Year 2: ₹11,000, Year 3: ₹12,100, and so on.
This approach helps investors align investments with salary growth and significantly increase long-term returns through compounding.
Monthly Investments
Regular monthly contributions like a standard SIP
Annual Step-Up
SIP amount increases yearly by a fixed percentage
Monthly Compounding
Interest is compounded monthly for maximum growth
Annuity Due Model
SIP invested at the start of each month for extra compounding
Calculation Method
Formula:
Where:
- M = Final investment value (corpus)
- A = Annual SIP value adjusted for monthly compounding
- R = Annual investment return rate
- G = Annual step-up growth rate
- n = Number of years invested
Assumptions:
- ✓ Monthly investments
- ✓ Annual step-up increase
- ✓ Monthly compounding
- ✓ If R = G, simplified formula applies
Key Benefits
Income Aligned
Investments grow with your income over the years
Larger Corpus
Builds a much bigger corpus compared to regular SIP
Compounding Maximized
Increasing contributions amplify long-term compounding
Salary Increment Friendly
Ideal for investors expecting annual raises
Important Disclaimer
This calculator provides estimated projections for planning purposes only. Mutual fund investments are market-linked, and actual returns may vary depending on market conditions and fund performance.
Always review scheme details and consult financial professionals before making investment decisions.