Enter your details to estimate invested amount, profit, and total value with yearly step ups.
What is Step Up SIP?
A Step Up SIP (Systematic Investment Plan) lets you increase your monthly SIP amount automatically every year by a fixed percentage.
Instead of investing the same amount each month, you raise your contribution annually—usually by 5%, 10%, or 15%.
This approach matches your growing income and helps you build a much larger corpus without a heavy financial burden in the early years.
What is a Step Up SIP Calculator?
A Step Up SIP Calculator is an online tool that estimates how your investments grow when your monthly SIP amount increases every year.
It calculates:
- The total invested amount,
- The profit earned, and
- The final corpus after a specific duration.
The Business Day Step Up SIP Calculator visually shows your yearly growth through a line chart and a donut (Invested vs Returns) chart, making it easier to understand how step ups boost your wealth.
How can a Step Up SIP Calculator help you?
- 📈 Plan realistic financial goals: Understand how much your small yearly increments can accelerate corpus growth.
- 💰 Balance cash flow: Start small and invest more as your income rises.
- 🧮 Avoid manual math: Instantly view how a 5–15% increase impacts long-term returns.
- 🎯 Compare scenarios: Test different step up percentages to match your investment goals
How does a Step Up SIP Calculator work?
The calculator applies the future value of SIP with annual step up formula:
| Symbol | Meaning |
|---|---|
| P | Initial monthly SIP amount |
| i | Annual increase rate (step up %) |
| r | Monthly rate of return = Annual Rate / 12 / 100 |
| n | Total months |
| t | Years |
For a regular SIP (no step up):
FV = P × ((1 + r)<sup>n</sup> – 1) / r × (1 + r)
For a Step Up SIP (annual increase i %):
Each year’s SIP is compounded separately:
| Year | Monthly SIP (₹) | Annual SIP Total (₹) | Growth Applied |
|---|---|---|---|
| 1 | P | P × 12 | (1 + r)12t |
| 2 | P × (1 + i) | P × (1 + i) × 12 | (1 + r)12(t – 1) |
| 3 | P × (1 + i)2 | P × (1 + i)2 × 12 | (1 + r)12(t – 2) |
| … | … | … | … |
The total maturity value is the sum of future values of each yearly SIP.
Example:
| Parameter | Value |
|---|---|
| Monthly SIP (P) | ₹10,000 |
| Tenure | 10 years |
| Expected Return | 12% p.a. = 1% per month |
| Step Up % | 10% per year |
| Year | Monthly SIP (₹) | Annual Investment (₹) | Cumulative Invested (₹) |
|---|---|---|---|
| 1 | 10,000 | 1,20,000 | 1,20,000 |
| 2 | 11,000 | 1,32,000 | 2,52,000 |
| 3 | 12,100 | 1,45,200 | 3,97,200 |
| … | … | … | … |
| 10 | 23,579 | 2,82,948 | 17,53,000 (approx.) |
After 10 years @ 12% p.a., the maturity corpus ≈ ₹28 lakh
Total Invested: ₹17.5 lakh | Estimated Returns: ₹10.5 lakh
How to use Business Day Step Up SIP Calculator
- Enter Monthly SIP Amount — your current investment.
- Select Duration — in years (e.g., 10 or 15).
- Enter Expected Return Rate (% p.a.) — average CAGR.
- Set Step Up Rate (% per year) — usually 5–15%.
- Click “Calculate” — you’ll instantly see invested, profit, and total values with charts.
You can adjust the values multiple times to plan the most suitable SIP strategy for your income growth.
Advantages of using Business Day Step Up SIP Calculator
- Custom step up control: Plan annual increments suited to salary growth.
- Dynamic visualization: Line + donut charts for clear insight.
- Instant & free: No login or registration required.
- Goal alignment: Experiment to achieve future financial targets faster.
- Responsive design: Works seamlessly on mobile and desktop.
The Business Day Step Up SIP Calculator empowers smart investors to visualize how consistent, gradual increases lead to exponential wealth growth through the power of compounding.
Step Up SIP — Frequently Asked Questions
What is a step up SIP?
Which SIP gives 40% return?
How to make ₹1 crore in 10 years?
- At ~12% p.a.: invest ≈ ₹43,000/month
- At ~14% p.a.: invest ≈ ₹36,000/month
- With 10% step up, the starting SIP can be lower