Step-Up SIP Calculator

What is a Step-Up SIP?

A Step-Up SIP (also called Top-Up SIP) is a SIP where you increase your monthly investment amount by a fixed percentage every year, aligned with your salary increment. If you start with ₹10,000/month and step up by 10% annually, you invest ₹11,000 in year 2, ₹12,100 in year 3, and so on.

Why is Step-Up SIP better than a flat SIP?

Step-Up SIP leverages your income growth. As your salary rises, your investment capacity grows — stepping up ensures your savings grow in proportion to your income. Over 20 years, a ₹10,000 Step-Up SIP at 10% annual increase can build ₹2.3 crore vs ₹99 lakh from a flat SIP — more than double the corpus.

What step-up percentage should I choose?

A 10% annual step-up is the most popular choice, typically matching average salary increments. If you get a higher raise or want to be aggressive, use 15–20%. Even a 5% annual step-up significantly improves your final corpus compared to a flat SIP over 15+ years.

Can I set up a Step-Up SIP with any mutual fund?

Yes. Most major mutual funds and investment platforms (Groww, Zerodha, CAMS, MF Central) support Step-Up SIPs. You can set the step-up amount (fixed ₹ increase) or step-up percentage (% increase annually). Some platforms call it Top-Up SIP.

Is Step-Up SIP applicable to ELSS for 80C?

Yes. ELSS (Equity Linked Savings Scheme) funds support Step-Up SIPs. Each SIP instalment has a separate 3-year lock-in from its investment date. Step-Up ELSS SIP lets you maximise your 80C benefit (₹1.5 lakh/year) gradually as your income grows.