Step-up SIP calculator
A step-up SIP raises the monthly instalment once a year, usually in step with a pay rise: a 10% step-up turns ₹10,000 a month into ₹11,000 a month in the second year.
What a monthly investment grows to when you raise it by a fixed share every year
Your figures
₹
₹500₹5,00,000
%
0%50%
%
1%30%
years
1 year40 years
Value at the end₹34 L
- Invested
- ₹19,12,491
- Gains
- ₹14,61,835
- Value at the end
- ₹33,74,326
- Without the step-up
- ₹23,23,391
Value at each year end
- Invested
- Gains
What if
Raise it 5% more a year
₹41,18,727
₹7,44,401 higher
5 more years
₹86,83,849
₹53,09,523 higher
A return 2% lower
₹30,45,852
₹3,28,474 lower
How it is worked out
The instalment is raised by the step-up at the start of each new year. Each instalment is paid at the start of its month and earns that month's return, a twelfth of the yearly rate, compounded monthly.
The figure shows what a steady rate would give, not what any fund will earn.