SIP
See what a fixed monthly investment in a mutual fund could grow to, for a return you assume.
Mutual funds
Step-up SIP calculator
See how raising your monthly SIP by a set amount every year changes the final value.
Raise it every year by
%
years
%
Your assumption, not a quote. Past returns do not set what comes next.
Monthly rate
In today’s money
Starting at ₹10,000 a month and raising it 10% every year for 10 years at an assumed 12% a year could grow to ₹33.74 lakh on paper. You would put in ₹19.12 lakh.
- Amount invested
- ₹19,12,491≈ ₹19.12 lakh
- Estimated gain
- ₹14,61,835≈ ₹14.62 lakh · 76% on top of what you put in
- Estimated total value
- ₹33,74,326≈ ₹33.74 lakh
- Monthly amount in the last year
- ₹23,579What you would be putting in each month by the end.
Growth, year by year
Tap or hover the chart, or use the slider, to read any year.
- Estimated value
- Amount invested
After 10 years
Estimated value
₹33,74,326
Amount invested
₹19,12,491
Year-by-year table
| Year | Estimated value | Amount invested |
|---|---|---|
| 0 | ₹0 | ₹0 |
| 1 | ₹1,28,093 | ₹1,20,000 |
| 2 | ₹2,85,241 | ₹2,52,000 |
| 3 | ₹4,76,410 | ₹3,97,200 |
| 4 | ₹7,07,323 | ₹5,56,920 |
| 5 | ₹9,84,570 | ₹7,32,612 |
| 6 | ₹13,15,734 | ₹9,25,873 |
| 7 | ₹17,09,527 | ₹11,38,461 |
| 8 | ₹21,75,956 | ₹13,72,307 |
| 9 | ₹27,26,501 | ₹16,29,537 |
| 10 | ₹33,74,326 | ₹19,12,491 |
Where the total comes from
Tap a segment to see its rupees.
Estimated gain₹14.62 lakh43% of total
Of the ₹33,74,326 total, ₹19,12,491 is money you put in and ₹14,61,835 is estimated growth.
What next
How it works
A step-up SIP starts with one monthly amount and raises it once a year, either by a percentage or by a fixed number of rupees. The amount stays the same for the twelve months of a year, then steps up at the start of the next year.
Instalment in year k = P x (1 + s)^(k - 1), or P + S x (k - 1)
P is the starting amount, s the percentage raise and S the fixed raise. Each instalment then grows at the monthly rate until the end, exactly as in a plain SIP.
A worked example
Start at ₹10,000 a month and raise it by 10 each year for 10 years, at 12 a year. You put in ₹19,12,491and the estimated value is ₹33,74,326 (₹33.74 lakh). In the last year the monthly amount is ₹23,579. The same ₹10,000 with no step-up would give ₹23,23,391.
What it leaves out
- Tax on gains.
- Exit load and fund charges.
- A change in the return from year to year.
- Inflation. A raise of 10 a year may be mostly keeping up with prices.
Questions people ask
How much should I step up each year?
That depends on how your income and spending are likely to change, which this page cannot know. Try a few values, such as 0, 5 and 10, to see how much the final figure depends on it.
Percentage step-up or fixed amount?
A percentage grows the raise as the SIP grows. A fixed amount adds the same rupees every year. Over long periods the percentage version usually ends up larger. Use the one that matches how you actually plan to raise your SIP.
What return should I assume?
Nobody can promise one. Try a low, a middle and a high figure and watch how much the result moves. A fund’s past return does not set its future return.
Why does the invested amount grow faster than in a plain SIP?
Because you are putting in more every year. The invested total is the sum of every instalment at each year’s raised amount.
Does this include tax or charges?
No. It shows the result before tax, exit load and fund charges.