Growing money
Step up SIP calculator
What happens when you increase your SIP a little every year.
₹
%
%
years
Could be worth
₹1,98,88,715
about ₹1.99 crore
35% of that is money you put in.
- You would put in
- ₹68,73,000
- Growth added
- ₹1,30,15,716
- Monthly amount in the final year
- ₹61,159
- Total
- ₹1,98,88,715
This is arithmetic, not a forecast. The result applies numbers you chose. Real returns vary year to year, can be negative, and are never guaranteed. Unless stated otherwise the figure is before inflation and before tax.
How this calculation works
A step up SIP raises the monthly contribution by a fixed percentage once a year. This calculator works through it year by year, so the annual increase is applied exactly rather than approximated.
What it leaves out
It assumes you keep the increase up every year without fail. In practice people skip years. Even so, this is usually the largest lever an ordinary investor controls, because the increase comes from income you did not previously have.
Understanding the thing itself matters more than the number: SIP explained.
Common questions
What is a step up SIP?
An ordinary SIP where the monthly amount increases by a set percentage each year, usually in line with expected salary growth. Most platforms offer it as an automatic option when you set up the instruction.
How much should I step up each year?
A common approach is to match expected income growth, so the increase comes from new money rather than reducing your spending. Compare the totals here against a flat SIP to see how large the difference becomes.
Is a step up SIP better than simply investing more now?
Investing more now is better if you can genuinely afford it, because that money compounds for longer. A step up suits people whose income is rising, since it commits future increases before lifestyle absorbs them.
More on growing money
SIP calculator
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Lumpsum calculator
What a single amount could grow to if left alone.