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Step-up SIP calculator

A SIP that rises every year as your income does.

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Quick answer

Enter a starting SIP, the yearly step-up, the return and the years. ₹10,000 a month, raised 10% every year at 12% for 10 years, grows to about ₹33,74,326.

Read the guide: SIP vs lumpsum: which suits you, with numbers

Maturity value

₹33,74,326

Amount invested
₹19,12,491
Gain
₹14,61,835
Extra over a flat SIP
₹10,50,936

Returns are not guaranteed. Real investments go up and down, so treat this as an illustration of the maths.

How the balance grows: money in and gains
₹0₹16.87 Lakh₹33.74 LakhYear 1, Invested: ₹1.20 LakhYear 1, Gain: ₹8,0931Year 2, Invested: ₹2.52 LakhYear 2, Gain: ₹33,2412Year 3, Invested: ₹3.97 LakhYear 3, Gain: ₹79,2103Year 4, Invested: ₹5.57 LakhYear 4, Gain: ₹1.50 Lakh4Year 5, Invested: ₹7.33 LakhYear 5, Gain: ₹2.52 Lakh5Year 6, Invested: ₹9.26 LakhYear 6, Gain: ₹3.90 Lakh6Year 7, Invested: ₹11.38 LakhYear 7, Gain: ₹5.71 Lakh7Year 8, Invested: ₹13.72 LakhYear 8, Gain: ₹8.04 Lakh8Year 9, Invested: ₹16.30 LakhYear 9, Gain: ₹10.97 Lakh9Year 10, Invested: ₹19.12 LakhYear 10, Gain: ₹14.62 Lakh10
  • Invested
  • Gain
Year-by-year table
YearInvested so farGain so farBalance
1₹1,20,000₹8,093₹1,28,093
2₹2,52,000₹33,241₹2,85,241
3₹3,97,200₹79,210₹4,76,410
4₹5,56,920₹1,50,403₹7,07,323
5₹7,32,612₹2,51,958₹9,84,570
6₹9,25,873₹3,89,861₹13,15,734
7₹11,38,461₹5,71,067₹17,09,527
8₹13,72,307₹8,03,649₹21,75,956
9₹16,29,537₹10,96,963₹27,26,501
10₹19,12,491₹14,61,835₹33,74,326

How it works

Salaries usually grow, so a SIP that grows with them is realistic. A 10% yearly step-up is a common choice.

The first years carry little money, so most of the gain comes from the later, larger instalments. The table shows the investment rising each year.

Compare with the plain SIP calculator to see what the step-up adds.

The formula

  • Year 1 monthly amount = P; year k amount = P × (1 + step)^(k − 1)
  • Each month: balance = (balance + amount) × (1 + i), with i = yearly return ÷ 12 ÷ 100

A worked example

₹10,000 a month raised 10% each year for 10 years at 12%: you invest ₹19,12,491 in total and reach ₹33,74,326. A flat ₹10,000 SIP would reach ₹23,23,391.

Common questions

What step-up percentage should I use?

Match it to how fast your income grows. Even 5% a year adds a noticeable amount over a decade.

Does the step-up apply every month?

No. The amount is flat within a year and rises once, at the start of each new year.

Can I step up in rupees instead of percent?

This calculator uses a percentage. A fixed rupee step is not supported.

Do all funds allow a step-up?

Many mutual fund platforms offer a top-up SIP. Check with yours.