A Step-Up SIP raises your monthly investment by a fixed percentage every year, matching your salary growth. Even a 10% annual increase can add lakhs to your final corpus because larger later instalments still get years to compound.
About the Step-Up SIP Calculator
If your salary increases 10% every year, you can raise your SIP by the same amount and the financial burden stays the same. But the compounding effect of larger later instalments is dramatic — a ₹10,000 step-up SIP at 10% annual increase vs a flat ₹10,000 SIP grows roughly 60% larger over 15 years.
Formula used:
Frequently Asked Questions
How much should I step up each year?
A rule of thumb is to match your annual salary increment — typically 5–10%. This keeps your savings rate constant as a percentage of income.
Do fund houses support automatic step-up?
Yes, most AMCs and investing platforms (Zerodha, Groww, etc.) let you set an annual top-up when registering the SIP.