Tools/Step-Up SIP Calculator
Step-Up SIP Calculator

A SIP that grows with you.

Start small, raise the contribution every year. See how that tracks against income growth and compounding.

005,00,000
%
0%030%
%
0%030%
yr
0 yr030 yr

What is a Step-Up SIP?

A Step-Up SIP — also called a Top-up SIP — increases your monthly contribution by a fixed percentage at preset intervals, usually each year. The goal is to keep your investments growing in step with your income.

As your salary rises, your contributions rise too. Combined with compounding, this accelerates wealth creation significantly compared to a flat SIP held for the same duration.

How to Use

  1. Enter your initial monthly investment amount.
  2. Set the annual step-up percentage (e.g., 10% means contributions rise 10% each year).
  3. Set the expected annual return rate.
  4. Choose the time period in years and read the projected corpus.

Formula Used

Each year the monthly contribution grows by the step-up percentage, then compounds at the monthly rate. The yearly contribution is:

Monthly_y = Monthly_initial × (1 + Step-Up%)^(y − 1)

Where y is the year (1, 2, 3, …). The total corpus is the sum of the future value of every year's twelve contributions, all compounding at the monthly rate.

Example Calculation

Initial monthly₹5,000
Annual step-up10%
Expected return12% per year
Time period10 years
Total invested₹9,56,247
Final corpus₹16,07,729
FAQ

Frequently asked questions.

What is a Step-Up SIP?

A Step-Up SIP (also called Top-up SIP) raises your monthly contribution by a fixed percentage each year, helping your investments grow alongside your income.

How is step-up SIP return calculated?

Each year's monthly contribution compounds at the chosen rate, then grows by the step-up percentage for the next year. The calculator sums the future value of every year's contribution.

Is this step-up SIP calculator free?

Yes, Binary Lab's step-up SIP calculator is completely free with no signup required.

Is step-up SIP better than regular SIP?

For most earners, yes. Even a 5–10% annual step-up can significantly increase the final corpus over 15–20 years compared to a flat SIP.

What is the ideal step-up percentage?

A step-up that matches your annual salary increment — typically 5% to 10% — is a comfortable and effective rate for long-term goals.

Want to compare against a flat SIP?

Send us your numbers and we'll line up a step-up vs flat SIP comparison so you can see the gap.

[email protected]