SIP amount will increase by 10% every year
| Year | Yearly Investment | Total Invested till Year | Year-End Value |
|---|---|---|---|
| 1 | 60000 | 60000 | 64047 |
| 2 | 66000 | 126000 | 142621 |
| 3 | 72600 | 198600 | 238205 |
| 4 | 79860 | 278460 | 353661 |
| 5 | 87846 | 366306 | 492285 |
The Step-up SIP is similar to the normal Systematic Investment Plan (SIP) process. In SIP, you invest the same amount consistently, but here you increase your investment according to a time period. It is simply like a level-up of your Systematic Investment Plan (SIP). Step-up SIP is better than usual SIP.
The Step-up SIP calculator is a free online tool used to calculate the estimated return of your investment, where you increase your investment consistently over time.
A started investing Rs.10,000 for 30 years with 12% annual return. Final value: Rs.3,52,99,138.
B started investing Rs.10,000 for 30 years with 12% return and 10% yearly step-up. Final value: Rs.8,83,45,744.
Step-up SIP significantly increases wealth compared to normal SIP due to increasing contributions.
Principal: Rs.10,000 | Duration: 30 years | Return: 12% | Step-up: 10%
Step-up SIP helps beat inflation and grow wealth faster compared to a regular SIP. Smart investors prefer increasing contributions over time.
Future Value of SIP
Monthly SIP Amount
Monthly Rate of Return
Number of Monthly Installments
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