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SIP Step-Up Calculator

A step-up (or top-up) SIP raises the monthly instalment once a year, usually in line with pay rises. Small yearly increases make a large difference to the final value.

Also called: Top-up SIP calculator · Increasing SIP calculator

  • Last updated
  • Formula tested against reference values
  • Applies to: India

Your numbers

Increase by

An assumption, not a promise. Try a lower rate too.

Result

Estimated value
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Calculating…

Total invested
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Estimated gains
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Monthly SIP in the final year
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How to use this calculator

  1. Enter or choose starting monthly SIP.
  2. Enter or choose increase by.
  3. Enter or choose yearly step-up.
  4. Enter or choose expected return (per year).
  5. Enter or choose time period.
  6. The estimated value updates as you type. Use Copy result or Share to keep it.

Method

Each month: Value = (Value + SIP) × (1 + r), with r = annual return ÷ 12 ÷ 100. After every 12 months: SIP = SIP × (1 + step-up%) or SIP + step-up amount

SIP
the monthly instalment for the current year
r
expected monthly return
step-up
the yearly increase in the instalment

Worked example

  1. Year 1 SIP is ₹5,000; it rises 10% each year to ₹11,789.74 in year 10.
  2. Total invested = 12 × 5,000 × (1.1¹⁰ − 1) ÷ 0.1 = ₹9,56,245.48.
  3. Growing each instalment at 1% a month to the end of year 10 gives ₹16,87,163.13.

A ₹5,000 SIP stepped up 10% a year for 10 years at 12% could grow to about ₹16.9 lakh, against ₹11.6 lakh for a flat ₹5,000 SIP.

What the result means

Compare the result with the plain SIP Calculator: the extra value comes both from the larger amounts invested and from their growth. If your income rises steadily, a step-up keeps your savings rate from shrinking.

Assumptions and limits

  • Each instalment is invested at the start of the month, the convention used in Indian SIP illustrations.
  • The return is constant and compounds monthly.
  • The step-up happens every 12 months from the first instalment.
  • Mutual fund returns are not guaranteed and vary from year to year.
  • Expense ratios, exit loads and taxes are not deducted.

Questions

What step-up percentage should I choose?

Many investors match their expected pay rise, often 5–10%. A fixed rupee step-up grows more slowly in percentage terms as the SIP gets larger.

Can I change the step-up later?

Yes. Most fund houses let you add, change or stop a top-up instruction; check your AMC’s rules.

Sources

Please note: Returns are illustrations at a constant rate, not predictions or guarantees. Investments can lose value. This is not investment advice.