Step-up SIP Calculator

A step-up SIP is a systematic investment plan where you automatically increase your monthly contribution by a set percentage every year, instead of investing the same fixed amount for the entire tenure. It's also called a top-up SIP. The idea is to grow your investing rate as your income grows, so your money works harder over time.

Your income typically rises each year, but inflation also erodes the value of a fixed SIP. Stepping up your SIP keeps your investing in line with your earnings and beats inflation. Crucially, the extra money goes in during the later years when compounding has the biggest effect, so a small annual increase can add a surprisingly large sum to your final corpus.

A regular SIP invests the same amount every month for the whole period. A step-up SIP raises that amount by a chosen percentage once a year. For the same starting contribution, a step-up SIP builds a considerably bigger corpus because your total invested amount and your compounding base both keep growing year after year.

A common rule of thumb is to step up your SIP by the same rate as your expected annual salary hike — often around 10%. If you expect faster income growth or want to reach a goal sooner, you can go higher. Even a modest 5–10% annual step-up can meaningfully boost your final corpus without straining your monthly budget.

Yes. Switch the currency to USD or GBP and use it for any regular investing plan where you plan to raise your contribution each year, such as increasing a 401(k) deferral or a stocks & shares ISA contribution annually.