Step-Up SIP Details
Increase your SIP by this % every year
Results update automatically
Step-Up SIP Corpus
With annual increment
₹0
Total Invested (Step-Up)₹0
Total Returns (Step-Up)₹0
vs Regular SIP (no step-up)
Regular SIP Corpus₹0
Extra Wealth from Step-Up₹0
Step-Up Advantage0×
Year-by-Year Comparison
| Year | Monthly SIP (this yr) | Step-Up Corpus | Regular Corpus | Extra Gain |
|---|
Why Step-Up SIP Works
A regular ₹10,000/month SIP at 12% for 20 years gives ~₹99.9 lakh. Adding just 10% annual step-up turns this into ~₹2 crore — nearly doubling the corpus. The earlier years matter most because higher amounts get more compounding time.
Each year:
Monthly SIP(year y) = Starting SIP × (1 + step-up%)^(y-1)
Corpus = Sum of FV of each year's 12 monthly payments
FV of monthly payment = P × ((1+r)^n - 1)/r × (1+r)
where r = monthly rate, n = remaining months
Frequently Asked Questions
What is a Step-Up SIP? ⌄
A Step-Up SIP (also called Top-Up SIP) is a SIP where you increase your monthly investment by a fixed percentage or amount every year. This aligns with income growth — as your salary increases, so does your investment.
How much difference does step-up make? ⌄
A ₹10,000/month SIP at 12% for 20 years gives ₹99.9 lakh. The same SIP with 10% annual step-up grows to ₹1.99 crore — nearly double — just by increasing the investment in line with income.
What step-up percentage should I use? ⌄
A common rule is to step up your SIP by the same % as your annual salary hike — typically 8–12%. Even a modest 5% annual step-up significantly boosts your final corpus over 15–20 years.
Can I change the step-up amount later? ⌄
Yes. Most AMCs allow you to modify your SIP step-up amount or percentage at any time, subject to a processing period. You can also cancel the step-up and continue with the original amount.
Is step-up SIP available for all mutual funds? ⌄
Most major AMCs (Zerodha Coin, Groww, HDFC MF, SBI MF, etc.) offer step-up SIP. You set the base SIP amount, step-up percentage, and frequency (annually). The system automatically increases your SIP each year.