Investment Calculator
Step Up SIP Calculator
Your SIP grows with your salary. See how a small annual raise turns into a mountain of compounding.
What is Step Up SIP?
A step-up SIP increases your monthly contribution by a fixed % each year, typically matching salary hikes. The compound effect is dramatic.
Formula
Each year the SIP amount increases by step-up %, and each monthly contribution compounds at the expected return rate.
Worked example
₹
Starting ₹10,000/month with 10% annual step-up at 12% return for 15 years: ~₹80 lakh corpus, nearly 60% more than a flat ₹10,000 SIP.
Frequently asked questions
What's a reasonable step-up %?
5–10% matches typical salary hikes. 10% is common, it keeps the SIP meaningful relative to rising income.
Can I do this automatically?
Most AMCs now allow 'SIP Top-Up' where you pre-set an annual increase. Otherwise just manually bump the SIP amount every April.
Is step-up SIP always better than regular SIP?
Yes, assuming you can afford the increase. The corpus growth is substantially higher.