Step-up SIP calculator
Starting at Rs 10,000 a month and stepping up 10% a year, a 15 year SIP at an assumed 12% could reach Rs 86,83,849. Compare it with a flat SIP below.
Results update as you type. Nothing you enter is stored.
| Year | Monthly SIP | Invested to date | Value |
|---|---|---|---|
| 1 | Rs 10,000 | Rs 1,20,000 | Rs 1,28,093 |
| 2 | Rs 11,000 | Rs 2,52,000 | Rs 2,85,241 |
| 3 | Rs 12,100 | Rs 3,97,200 | Rs 4,76,410 |
| 4 | Rs 13,310 | Rs 5,56,920 | Rs 7,07,323 |
| 5 | Rs 14,641 | Rs 7,32,612 | Rs 9,84,570 |
| 6 | Rs 16,105 | Rs 9,25,873 | Rs 13,15,734 |
| 7 | Rs 17,716 | Rs 11,38,461 | Rs 17,09,527 |
| 8 | Rs 19,487 | Rs 13,72,307 | Rs 21,75,956 |
| 9 | Rs 21,436 | Rs 16,29,537 | Rs 27,26,501 |
| 10 | Rs 23,579 | Rs 19,12,491 | Rs 33,74,326 |
| 11 | Rs 25,937 | Rs 22,23,740 | Rs 41,34,516 |
| 12 | Rs 28,531 | Rs 25,66,114 | Rs 50,24,342 |
| 13 | Rs 31,384 | Rs 29,42,725 | Rs 60,63,565 |
| 14 | Rs 34,523 | Rs 33,56,998 | Rs 72,74,790 |
| 15 | Rs 37,975 | Rs 38,12,698 | Rs 86,83,849 |
Assumed return 12 percent a year, not a forecast.
How it works
A step-up (or top-up) SIP raises the instalment once a year, usually in line with salary increases. The calculator raises the amount at the start of each new year and compounds monthly, then shows the extra value compared with keeping the SIP flat.
Formula
Each year: SIP(y) = SIP(1) x (1 + step)^(y - 1); value compounds monthly at the assumed rate
Frequently asked questions
What is a step-up SIP?
A SIP whose monthly amount increases by a set percentage or amount every year.
How much difference does a step-up make?
It depends on the step and the years; the result line "Extra from stepping up" shows it for your inputs.
Is the return guaranteed?
No. The rate is an assumption for planning.
Related
This tool is for information only and is not investment, tax or legal advice. Results depend on the inputs and assumptions you enter; check important figures with the official source or a qualified professional.