Sipculator

Step-Up SIP Calculator

See what your SIP can grow into when you raise it every year in step with your salary, and how far ahead of a flat SIP that puts you.

10 Thousand a month

In line with long-run equity index returns

Until Oct 2046
Annual step-up

Increase your SIP every year, say with each pay hike

₹10,000 → ₹61,159 a month by year 20
Adjust for inflation

See what your money will be worth in today’s terms

Prices double about every 12 yrs

Total value in 20 yrs

₹1,86,31,383

≈ 1.86 Crore · 2.71× your investment

Invested
₹68,73,00037% of total
Est. returns
₹1,17,58,38363% of total
  • Invested
  • Returns

Make it go further

What small changes would do to your plan

Your step-up at work

Raising your SIP 10% a year adds

+₹94.33 L

over a flat ₹10,000 SIP. By year 20 you’ll invest ₹61,159 a month.

The cost of waiting

Same end date, later start. Every year you wait is a year less of compounding.

  • Start today₹1.86 Cr
  • Start in 1 yr₹1.59 Cr−₹26.93 L
  • Start in 3 yrs₹1.16 Cr−₹70.68 L
  • Start in 5 yrs₹82.75 L−₹1.04 Cr

Milestones on the way

  1. ₹25 LJul 20358 yrs 9 mos
  2. ₹50 LJan 203912 yrs 3 mos
  3. ₹1 CrDec 204216 yrs 2 mos
  4. ₹2.5 CrNext, by Oct 2048 if you keep going22 yrs

What it’s really worth

Prices rise too. At 6% inflation, ₹1.86 Cr in Oct 2046 will buy about what

₹58.09 L

buys today.

What is a step-up SIP calculator?

A step-up SIP calculator shows what a SIP could grow into when you raise the instalment every year, usually by a fixed percentage in step with your pay rises. Enter the SIP you can start with, the yearly step-up, the return you expect and how long you’ll invest. It adds up every instalment month by month, so the bigger instalments of later years are counted correctly.

For a flat monthly amount, use the SIP calculator. To find the starting SIP a target needs, try the goal SIP calculator.

How to use the step-up SIP calculator

  1. Enter the monthly SIP you can start with today.
  2. Set the yearly step-up close to the pay rise you expect, often 5–10%.
  3. Add the return you expect each year and how long you’ll invest.
  4. Compare the result with a flat SIP in the insights, and turn on inflation to see it in today’s money.

How SIP returns are calculated

Each instalment is invested at the start of its month and compounds until the end of the plan. Here’s the formula with your numbers plugged in:

FV = P × [(1 + i)n − 1] ÷ i × (1 + i)

P
Monthly investment₹10,000
n
Monthly instalments240
i
Monthly rate, (1 + r)1/12 − 10.9489%
FV
Future value₹91,98,574

That’s for a flat SIP. With your 10% step-up, each year’s instalments compound for their own remaining time; added up month by month that’s ₹1,86,31,383 (₹1.86 Cr).

Why not just r ÷ 12? Fund returns are quoted as yearly compounded growth (CAGR). Converting with (1 + r)1/12 − 1 makes twelve monthly steps add up to exactly 12%. Dividing by 12 would quietly assume 12.68% a year and overstate your returns.

Flat SIP vs step-up SIP: an example

What ₹10,000 a month could grow to at 12% a year, with and without a yearly step-up:

Time periodFlat SIP5% step-up10% step-up
10 years₹22.4 L₹26.94 L₹32.69 L
15 years₹47.59 L₹61.91 L₹82.75 L
20 years₹91.99 L₹1.28 Cr₹1.86 Cr
25 years₹1.7 Cr₹2.48 Cr₹3.94 Cr

Most of the extra comes from investing more. Over 20 years the 10% step-up puts in ₹68.73 L against ₹24 L for the flat SIP, and ends at ₹1.86 Cr rather than ₹91.99 L. A step-up suits a rising income; if you can afford a bigger SIP today, starting higher gives the money longer to compound. For the full comparison, including when a flat SIP is the better choice, read step-up SIP vs regular SIP.

Frequently asked questions

Is a step-up SIP the same as a top-up SIP?

Yes. Fund houses use both names for a SIP whose instalment rises automatically at set intervals, usually once a year by a fixed percentage or amount, so your investing keeps pace with a rising income.

How is a step-up SIP calculated?

Month by month. Each instalment is invested at the start of its month and grows at the monthly equivalent of your annual return, and at the start of every year the instalment rises by the step-up percentage. The calculator adds up what every instalment grows to by the end of the plan.

How much difference does a 10% step-up make?

At 12% a year, ₹10,000 a month grows to about ₹92 lakh in 20 years. Raising it by 10% every year takes it to about ₹1.86 crore, roughly double, though you also invest ₹68.7 lakh instead of ₹24 lakh.

What step-up percentage should I choose?

One you can keep up, close to the pay rise you expect each year; 5% to 10% is common. At 10% a year your instalment roughly doubles every seven years.

Is a step-up SIP better than a bigger SIP from the start?

Not if you can afford the bigger SIP. Money invested earlier compounds for longer, so a flat SIP that puts in the same total from day one ends higher. A step-up suits a tight budget today and a growing income tomorrow.

SIP guides

Worked examples and the maths behind the numbers. All guides

Total value in 20 yrs₹1,86,31,383