Step Up SIP Calculator
Calculate your increasing SIP investment returns with inflation adjustment
Calculate Your Step Up SIP
Investment Summary
Enter your details and click “Calculate” to see results
Investment Growth
What is a Step Up SIP Calculator?
A Step Up SIP Calculator is a powerful financial tool that helps investors plan their increasing Systematic Investment Plans (SIPs). Unlike regular SIPs where you invest a fixed amount each month, a Step Up SIP allows you to increase your investment amount annually by a certain percentage, helping you grow your investments in line with your increasing income.
Key Features of Our Step Up SIP Calculator:
- Inflation Adjustment: Calculate real returns by factoring in inflation rates
- Bank Comparison: Compare returns with SBI, HDFC, ICICI, and other major banks
- Detailed Projections: Year-by-year breakdown of your investments and returns
- Excel Export: Download complete calculations for offline analysis
- Lumpsum + SIP: Option to include initial lumpsum investment (coming soon)
How to Use the Step Up SIP Calculator
- Enter Initial Investment: Start with your current monthly SIP amount (e.g., ₹5,000)
- Set Step Up Percentage: Choose how much you’ll increase your SIP each year (e.g., 10%)
- Select Duration: Choose your investment horizon (typically 10+ years for best results)
- Expected Returns: Enter realistic return expectations based on your risk profile
- Inflation Rate: Adjust for inflation to see purchasing power of future returns
- Compare Banks: Select a bank to compare with their typical return rates
- Calculate: View detailed results and download for future reference
Pro Tip:
A 10% annual step up on a ₹5,000 SIP over 20 years at 12% return can grow to ₹1.12 crore, compared to just ₹50 lakh with a regular SIP. The power of increasing your investments consistently!
Benefits of Step Up SIP
Higher Returns
By increasing your investment amount annually, you benefit from compounding on a larger corpus, leading to significantly higher returns over time.
Aligns with Salary Growth
As your income increases over the years, Step Up SIP helps you maintain or increase your investment rate without feeling the pinch.
Inflation Protection
Regular increases in your investment amount help combat inflation and maintain the purchasing power of your future corpus.
Disciplined Approach
Automatically increases your investments, removing the need to manually upgrade your SIP amounts periodically.
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Step Up SIP Calculator – FAQs
1. What is the difference between regular SIP and Step Up SIP?
In a regular SIP, you invest a fixed amount each month throughout the investment period. In a Step Up SIP, you start with an initial amount but increase it by a fixed percentage every year. This helps you invest more as your income grows, leading to potentially higher returns.
2. How does the Step Up SIP calculator with inflation work?
Our calculator first computes your future corpus based on your increasing investments and expected returns. Then it adjusts this final amount for inflation by discounting it at the inflation rate you provide. This shows you the actual purchasing power of your future corpus in today’s terms.
3. Which is better – SBI or HDFC Step Up SIP?
The returns depend on the specific mutual fund scheme you choose rather than just the bank. Our calculator lets you compare typical returns from SBI (around 10.5%), HDFC (around 11%), and other major providers. Historically, equity funds from both have delivered similar returns over long periods.
4. Can I download the Step Up SIP calculator in Excel?
Yes! Our calculator provides an “Excel Sheet” download button that gives you a complete spreadsheet with all your calculations, including the year-by-year projection table. This helps in offline analysis and planning.
5. What is a good step up percentage for SIP?
A 10% annual step up is commonly recommended as it roughly matches typical salary increments. However, you can choose higher percentages (15-20%) if your income growth is faster. Even a 5% step up makes a significant difference over long periods due to compounding.