Calculator · SIP & step-up SIP
SIP and step-up SIP calculator
See how a monthly SIP may grow over time, and what increasing it a little every year can add. Change any number below and the chart updates instantly.
SIP & Step-up SIP
See how a monthly SIP may grow, and what a yearly increase in the SIP amount can add.
After 15 years, at 12% a year
- Extra from step-up
- ₹36.38 L
How this calculator works
What a SIP is
A systematic investment plan (SIP) invests a fixed amount in a mutual fund scheme every month, usually by auto-debit from your bank account.
What a step-up does
With a step-up, the monthly amount rises by a set percentage once a year, for example in line with salary increases. The calculator shows the value with and without the step-up, so you can see the difference.
How the maths works
Each instalment is assumed to be invested at the start of the month and to grow at the assumed annual return, compounded monthly (annual rate ÷ 12). The step-up is applied once every 12 months.
Assumptions and limits
- Returns are assumed to be the same every year. Real returns vary from year to year and can be low or negative.
- Return assumptions are kept within the 2%–13% range that AMFI permits for illustrations. They are not forecasts or the returns of any scheme.
- Taxes, exit loads and other costs are not deducted.
- Past performance may or may not be sustained in future. Mutual Fund investments are subject to market risks; read all scheme related documents carefully.