Step-up SIP Calculator
Calculate the future value of your investments with an annual increase in your SIP amount.
Maturity Value
₹0
Total Investment ₹0
Estimated Returns ₹0
Frequently Asked Questions
Clearing your doubts about Step-up SIPs.
Q. What is a Step-up SIP?
A. A Step-up SIP, also known as a top-up SIP, is a facility that allows you to automatically increase your SIP amount at regular intervals, usually annually. This helps you invest more as your income grows, accelerating your wealth creation.
Q. How does the Step-up SIP calculator work?
A. The calculator uses a formula to compute the future value of your SIP investments. It considers your monthly investment, annual step-up percentage, investment duration, and expected rate of return to project the maturity amount.
Q. What are the benefits of a Step-up SIP?
A. The main benefits are:
1. It helps you build a larger corpus compared to a regular SIP.
2. It automates the process of increasing your investment with your income.
3. It instills financial discipline.
4. It helps you reach your financial goals faster.
1. It helps you build a larger corpus compared to a regular SIP.
2. It automates the process of increasing your investment with your income.
3. It instills financial discipline.
4. It helps you reach your financial goals faster.
Q. What details do I need to use this calculator?
A. You need to provide four key details:
1. Your monthly investment amount.
2. The annual percentage by which you want to increase your SIP.
3. The total duration of your investment in years.
4. The expected annual rate of return on your investment.
1. Your monthly investment amount.
2. The annual percentage by which you want to increase your SIP.
3. The total duration of your investment in years.
4. The expected annual rate of return on your investment.