Step-Up SIP Calculator: Supercharge Your Mutual Fund Returns
A standard SIP is a great way to start investing, but it has a flaw: it assumes your income will stay the same forever. It won't. As your salary grows, your investments should grow too.
The Pixedra Step-Up SIP Calculator (also known as a Top-up SIP calculator) helps you estimate the massive wealth you can create by simply increasing your monthly investment by a small percentage every year.
How Does a Step-Up SIP Work?
In a regular SIP, you invest a fixed amount (e.g., ₹10,000) every month for 10 or 20 years. In a Step-Up SIP, you instruct the bank or fund house to increase your contribution annually to match your income growth or inflation.
Example Scenario:
- Year 1: You invest ₹10,000 per month.
- Year 2: You increase it by 10%. Now you invest ₹11,000 per month.
- Year 3: You increase it by 10% again. Now you invest ₹12,100 per month.
This small change creates a snowball effect on your final maturity amount due to the power of compounding.
Why You Should Choose a Step-Up SIP
Beat Inflation
₹10,000 today will not have the same buying power in 10 years. Increasing your SIP ensures your investment keeps up with inflation.
Reach Goals Faster
As shown in the calculator above, a 10% annual increase can nearly double your final corpus compared to a fixed SIP.
Matches Salary Hikes
Most salaried professionals receive a 5-15% increment annually. Diverting that extra income into your SIP is the smartest financial move.
Step-Up SIP vs. Regular SIP: The Difference
Let's compare a 20-year investment of ₹10,000/month at 12% returns:
| Feature | Regular Fixed SIP | Step-Up SIP (10% Increase) |
|---|---|---|
| Total Amount Invested | ₹24 Lakhs | ₹68.73 Lakhs |
| Wealth Gained | ₹75.9 Lakhs | ₹1.30 Crore |
| Maturity Value | ₹99.9 Lakhs | ₹1.98 Crore |
As you can see, the Step-Up method generates an extra ₹98 Lakhs in this example.
Frequently Asked Questions
Pro Tip
Don't know how much you need to reach your goal? Use our SIP Goal Planner to work backwards from your target.
