Step-up SIP Calculator
Enter your starting SIP, yearly step-up, and expected returns to see the power of raising your investment as your income grows.
Runs entirely in your browser — your numbers never leave this page.
How it works
A step-up SIP raises your monthly investment by a fixed percentage every year — usually tied to your salary hike:
- Why it wins: a Rs 10,000 SIP at 12% for 15 years → ~Rs 50 lakh. With a 10% yearly step-up → ~Rs 75 lakh. Same starting effort, ~50% more corpus.
- The math: each year's higher SIP compounds for the remaining years — early step-ups matter most.
- Pick your step-up: 10% matches a typical appraisal; 5% is conservative; 15% is aggressive but powerful if your income supports it.
- Automate it: most fund houses allow annual step-up instructions on the SIP itself — set it once, forget it.
- Watch out: don't step up beyond what your budget survives in a bad year — a paused SIP beats a cancelled one.
Frequently asked questions
What is a step-up SIP?
A SIP where the monthly amount increases by a fixed percentage (e.g. 10%) every year, usually matching your salary growth.
How much more does step-up SIP give?
Rs 10,000/month at 12% for 15 years: ~Rs 50 lakh flat vs ~Rs 75 lakh with 10% step-up — roughly 50% more corpus.
What step-up percentage should I choose?
10% is the standard, matching typical salary hikes. Use 5% if income growth is uncertain, 15% only if you can sustain it in lean years.
Can I automate step-up SIP?
Yes — most mutual fund houses and platforms offer an annual step-up option when you start the SIP. Set it once.
What if I can't afford the stepped-up amount later?
Reduce or pause the SIP rather than stopping entirely. Even a lower continuing SIP beats a cancelled one.
Step-up SIP vs investing a bonus lump sum?
Both help. Step-up is systematic and habit-forming; lump sums depend on actually having surplus. Do both if you can.
Does step-up work for short periods?
Barely — the advantage compounds over time. Under 5 years the difference is small; over 15+ it is dramatic.
Is the return rate guaranteed?
No — 12% is a long-term equity expectation, not a promise. Real returns vary; this calculator assumes a constant rate for illustration.
Should the step-up match inflation or salary growth?
Salary growth — the point is to invest your rising income. Inflation-matching (6-7%) is the conservative floor.
Can I step up an existing SIP?
Yes — start a second SIP for the incremental amount, or modify the existing one if your platform allows.