Step-up SIP
Step-up SIP Calculator
Project how a SIP grows when you increase the monthly installment once a year by a chosen percentage.
Why step-up SIPs
Raising the installment with income often contributes more to the corpus than hoping for a higher return. The chart shows both extra principal and extra compounding.
Important considerations
A step-up only helps if you can actually pay the higher amount. Expense ratios and taxes are still not deducted.
SIP formula
FV = P × [((1 + r)^n − 1) / r] × (1 + r)
P is the monthly investment, r is the monthly expected return (annual rate ÷ 12), and n is the number of months. The extra (1 + r) treats contributions as being invested at the start of each month.
Frequently asked questions
When does the step-up apply?
After every 12 installments the monthly amount is multiplied by (1 + step-up %). A 10% step-up on ₹10,000 becomes ₹11,000 in year two.
Is this the same as the main SIP calculator?
Yes, it uses the same engine. This page starts with a 10% step-up so the yearly increase is the main question.
Can I model irregular raises?
Not here. Use a constant annual percentage, or run a few scenarios with different step-up rates.
Related calculators
- SIP CalculatorEstimate the future value of monthly systematic investments, with an optional annual step-up.
- Goal SIP CalculatorWork backwards from a target corpus to the monthly SIP needed at an assumed return.
- Retirement CalculatorEstimate a retirement corpus, required monthly investing and any shortfall or surplus.
- SWP CalculatorSee how monthly withdrawals affect a corpus at an assumed return, and whether the money lasts.
Browse the full directory on the calculators page.
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SmartCalculators provides educational calculators and estimates. Results are for informational purposes only and should not be considered financial, tax, investment, legal or professional advice.