Step-up SIP Calculator
Raise your SIP a little every year as your income grows — and see how much extra wealth a step-up builds over a flat SIP, side by side.
Your inputs
Raise the monthly amount by this % every year, e.g. with your salary.
Results update live — calculations run in your browser, no signup.
₹1.99 Cr
Total value after 20 years — 2.89× what you put in (stepping up 10%/yr)
Assumes a constant 12.0% annual return compounded monthly, contributions at the start of each month. Returns are not guaranteed.
Your monthly SIP rises 10% on every anniversary — here is each year's amount, that year's contribution and the running total invested.
| Year | SIP/mo | This year | Cumulative |
|---|---|---|---|
| 1 | ₹10,000 | ₹1.20 L | ₹1.20 L |
| 2 | ₹11,000 | ₹1.32 L | ₹2.52 L |
| 3 | ₹12,100 | ₹1.45 L | ₹3.97 L |
| 4 | ₹13,310 | ₹1.60 L | ₹5.57 L |
| 5 | ₹14,641 | ₹1.76 L | ₹7.33 L |
| 6 | ₹16,105 | ₹1.93 L | ₹9.26 L |
| 7 | ₹17,716 | ₹2.13 L | ₹11.38 L |
| 8 | ₹19,487 | ₹2.34 L | ₹13.72 L |
| 9 | ₹21,436 | ₹2.57 L | ₹16.30 L |
| 10 | ₹23,579 | ₹2.83 L | ₹19.12 L |
| 11 | ₹25,937 | ₹3.11 L | ₹22.24 L |
| 12 | ₹28,531 | ₹3.42 L | ₹25.66 L |
| 13 | ₹31,384 | ₹3.77 L | ₹29.43 L |
| 14 | ₹34,523 | ₹4.14 L | ₹33.57 L |
| 15 | ₹37,975 | ₹4.56 L | ₹38.13 L |
| 16 | ₹41,772 | ₹5.01 L | ₹43.14 L |
| 17 | ₹45,950 | ₹5.51 L | ₹48.65 L |
| 18 | ₹50,545 | ₹6.07 L | ₹54.72 L |
| 19 | ₹55,599 | ₹6.67 L | ₹61.39 L |
| 20 | ₹61,159 | ₹7.34 L | ₹68.73 L |
Same ₹10,000/mo start — one rises 10%/yr, one stays flat.
Step-up SIP
₹1.99 Cr
Regular SIP
₹99.91 L
+₹98.97 L
you earn this much more with step-up (2.89× your money)
Regular SIP keeps your contribution flat for all 20 years; the step-up plan grows it with your income.
The power of step-up
Same ₹10,000/mo start, 20 years — different annual step-ups.
| Step-up | Future value | Invested |
|---|---|---|
| 0% | ₹99.91 L | ₹24.00 L |
| 5% | ₹1.37 Cr | ₹39.68 L |
| 10% | ₹1.99 Cr | ₹68.73 L |
| 15% | ₹3.03 Cr | ₹1.23 Cr |
| 20% | ₹4.80 Cr | ₹2.24 Cr |
A higher step-up means more invested and a much larger corpus. Highlighted row is your current plan.
Freeze your SIP after a few years instead of raising it for all 20.
−₹65.98 L vs never stopping
−₹32.74 L vs never stopping
−₹9.80 L vs never stopping
Stopping early forfeits the compounding on every future increase — the longer you keep stepping up, the more it costs to quit.
- 65% of your corpus is pure growth — only 35% is money you put in.
- Your SIP grows from ₹10,000/mo to ₹61,159/mo by year 20.
- Stepping up earns you ₹98.97 L more than a flat SIP.
Key insight
Stepping up 10% a year takes your ₹10,000/mo SIP from a flat ₹99.91 L to ₹1.99 Cr — that's ₹98.97 L more wealth. The earlier you start stepping up, the longer each increase has to compound.
Key takeaways
- Step-up corpus: ₹1.99 Cr (2.89× your money)
- Regular SIP corpus: ₹99.91 L
- Extra wealth from step-up: +₹98.97 L
- First-year SIP: ₹10,000/mo → last-year: ₹61,159/mo
- Total invested: ₹68.73 L over 20 years
Future value breakdown
65% of your corpus is pure growth — only 35% is the money you put in.
What ₹1.99 Cr could mean
- Retire years earlierA bigger corpus means you hit your financial-freedom number sooner — buying back time.
- Buy your dream homeStep-up gains can fund a larger down payment, shrinking the loan you carry.
- True financial freedomEnough invested wealth to cover your expenses without depending on a salary.
- Leave a legacyWealth that outlives you — for family, education, or causes you care about.
Start investing in mutual funds
Open a free account with ICICI Prudential AMC and start an SIP online. ICICI Prudential Mutual Fund, at no extra cost to you.
Your plan: ₹10,000/month stepped up 10%/yr for 20 years → about ₹1.99 Cr.
Plan the rest of your money life
Turn this step-up into a full plan — compare a flat SIP, set a goal, or plan withdrawals.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The figures above are projections based on a constant assumed return and do not guarantee future performance.
How a step-up SIP maturity is calculated
FV = Σ over each year y (0…N−1) of Pₛ × [ ((1 + i)¹² − 1) ÷ i ] × (1 + i) × (1 + i)¹²ˣ⁽ᴺ⁻¹⁻ʸ⁾, where Pₛ = P × (1 + s)ʸ
- FV
- future value (projected maturity)
- P
- first-year monthly SIP
- s
- annual step-up = step-up % ÷ 100
- Pₛ
- that year's monthly SIP after y step-ups
- i
- monthly rate = annual rate ÷ 12 ÷ 100
- N
- number of years
Worked example
Each year holds the monthly amount level and compounds those 12 start-of-month instalments to maturity; on every anniversary the amount is raised by the step-up. With your inputs — ₹10,000/month stepped up 10% a year at 12.0% for 20 years: the monthly rate is i = 1.000%, the first-year SIP is ₹10,000/mo and the 20th-year SIP has grown to ₹61,159/mo. Summing every year's block gives a projected maturity of about ₹1.99Cr on ₹68.73L invested — roughly +₹98.97L more than the same plan held flat (₹99.91L). This is a before-tax estimate that assumes a constant return; market returns vary and are not guaranteed.
Most asked step-up SIP questions
Almost always, if your income is rising. Because each year's bigger contribution still has years left to compound, a modest annual increase can build a dramatically larger corpus — often near double a flat SIP over 20+ years — for an extra outlay that grows gently with your salary. This page shows exactly how much extra wealth your step-up creates.
A step-up (or top-up) SIP raises your monthly contribution by a fixed percentage every year, usually in line with rising income. You invest a little more each year, which can build a noticeably larger corpus than a flat SIP over a long horizon.
Each month's contribution compounds at the expected return until maturity. On every anniversary the monthly amount is raised by the step-up percentage, so later years contribute more. This calculator assumes start-of-month contributions and a constant annual return, and compares it against the identical plan with no annual increase.
A common rule of thumb is to step up roughly in line with your expected salary growth — often 5–10% a year. Even 10% has an outsized effect over long horizons. The key is to keep it sustainable so you never have to stop.
No. Returns are market-linked and vary year to year. The rate you enter is an assumption — treat the projection as a planning estimate, not a promise. The step-up percentage only changes how much you invest, not the underlying return.
The complete guide to step-up SIPs
Why stepping up works so well
A step-up SIP raises your monthly amount a little every year. The magic is that those bigger contributions still have years left to compound — so a 10% annual increase over a long horizon can build close to double the corpus of a flat SIP, while the extra outlay rises only gently with your income.
How it's calculated
Each monthly contribution compounds at the assumed return until maturity; on every anniversary the monthly amount is raised by the step-up percentage. We run the identical plan with no increase as the baseline, so the "extra wealth" is purely the effect of stepping up — same start amount, rate and tenure.
Choosing a step-up rate
Tie it to your expected salary growth — often 5–10% a year — so the rising SIP never strains your budget. Even a small step-up early beats a large one late, because early increases compound the longest. The goal is a rate you can sustain without ever pausing.
Step-up SIP vs flat SIP vs lumpsum
A flat SIP keeps the same amount throughout; a step-up grows it with your income and builds more; a lumpsum puts a large sum to work at once. Many investors combine them — a step-up SIP for disciplined monthly investing and lumpsums when they have surplus.