What is a step-up SIP?

A SIP whose monthly instalment is raised by a set percentage once a year, for example 10% every twelve months.

How is it calculated?

Month by month: each instalment is added at the start of the month and the balance grows by the assumed yearly return divided by 12. The instalment rises by the step-up percentage every twelve months.

Calculator

Step-up SIP Calculator

A monthly SIP that rises by a fixed percentage every twelve months, worked out month by month at a return you assume.

Starting monthly SIP

₹500₹1,00,000

Yearly step-up (%)

0%25%

Assumed return (% a year)

1%30%

Assumed return, not guaranteed. Markets can return less, or lose money.

Period (years)

1 yr40 yrs

Estimated value after 15 years

₹43,41,925

Total invested: ₹19,06,349
Estimated growth: ₹24,35,576
Monthly SIP in the last year: ₹18,987

The same ₹5,000 SIP with no step-up: ₹9,00,000 invested, an estimated ₹25,22,880.

Value by year

Estimated valueInvested so far