Step-Up SIP Calculator
Factor in your annual salary hikes and accelerate your journey to financial freedom. See how small annual increases can make a huge impact.
Projected Future Value
₹ 1,01,62,499
Total Invested
₹ 47,70,000
Wealth Gained
₹ 53,92,499
What is a Step-Up SIP?
A Step-Up SIP (also known as a Top-Up SIP) is a powerful feature that allows you to increase your SIP investment amount periodically, usually on an annual basis. This approach aligns your investments with your growing income, ensuring that you save more as you earn more. Instead of investing a fixed amount for 20 years, a Step-Up SIP lets you automatically boost your contribution, significantly accelerating your wealth creation process.
Why Use the Step-Up Strategy?
- Reach Goals Faster: By increasing your investment amount regularly, you can reach your financial goals like retirement, a child's education, or buying a house much sooner.
- Combat Inflation: A static investment may lose purchasing power to inflation over time. A step-up strategy helps your investments outpace inflation more effectively.
- Build Discipline: It automates the process of investing more as your income grows, turning a wise financial decision into a disciplined habit.