Step-Up SIP Calculator
Model a SIP where the instalment rises by a fixed percentage every year, tracking salary growth.
What the Step-Up SIP calculator does
A step-up SIP calculator models a monthly investment that increases by a set percentage each year. Because contributions rise with income, the same starting instalment can produce a materially larger corpus than a flat SIP over long tenures, without requiring a higher initial commitment.
Your inputs
An assumption you choose — not a projection of any scheme's performance
Increase in your monthly instalment each year
Used to show what the projected value buys in today's money
Projected value
₹86,83,849
Invested
₹38,12,698
Estimated gain
₹48,71,152
In today’s money: at 6.0% inflation, ₹86.84L in 15 years buys what ₹36.23L buys today — a real gain of -₹1.89L on ₹38.13L invested.
Year-by-year projection
- You put in44%₹38.13L
- Projected growth56%₹48.71L
This is arithmetic, not a forecast — the output is a mathematical projection of the assumptions you entered. Illustration only, computed from the assumptions shown — not a forecast, a projection of any scheme's performance, or a guarantee. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
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An illustration of the figures above — what you put in, what it projects to, and what that would buy in today’s money. It is not a review of your investments and not advice.
Start this plan
₹10,000 a month, rising 10% a year
Choose a fund for this planIllustration only, computed from the assumptions shown — not a forecast, a projection of any scheme's performance, or a guarantee. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
You choose the scheme. GrowIQ does not recommend one — nothing is submitted until you confirm it on the next screen, and the amount can be changed there.
How the step-up SIP calculation works
Each year: balance = (balance + instalment) × (1 + i), then instalment × (1 + step-up)
Rather than a closed-form growing annuity, each month is compounded individually and the instalment is increased once every twelve months. This avoids the precision errors that appear when the step-up rate and the return rate are close together.
Frequently asked questions
What is a step-up SIP?
A step-up or top-up SIP increases your monthly instalment by a fixed percentage or amount at a set interval, usually once a year. It is designed to let contributions grow alongside income.
How much should I step up each year?
Investors commonly align the step-up with expected annual income growth so the increase stays affordable. The right figure depends entirely on your own cash flow.
After the numbers
A complete list on the minimum instalment each AMC has registered — not a shortlist. GrowIQ Capital is an AMFI-registered distributor, not an investment adviser: it can tell you what each scheme’s terms are and transact for you, and it does not rate or recommend schemes.
GrowIQ Capital provides financial data analytics, market information and educational content. We are not a SEBI-registered Investment Adviser or Research Analyst. Nothing on this platform constitutes investment advice or a recommendation to buy or sell any security. No returns are assured or guaranteed. Any illustration of returns is a mathematical projection, not a promise. Past performance is not indicative of future returns and does not guarantee future results.