Step-Up SIP Calculator
A contribution today. A clearer view of tomorrow.
Your investment plan
01Returns are assumptions, not forecasts. Use a return after ongoing fund expenses. Taxes and exit loads are excluded.
Contribution timing & return convention
Effective mode uses (1 + annual return)^(1/12) − 1. Nominal mode uses annual return / 12, matching many traditional SIP calculators. The two give different projections.
Your projected outcome
Illustrative estimateAfter 10 years / before income tax
The monthly SIP reaches ₹23,579 in year 10. Make sure that future contribution fits your budget.
Explore your possibilities
Contributions: ₹7,32,612 / Estimated gain or loss: ₹2,36,567
Different returns, same contributions
These are independent constant-return scenarios, not confidence intervals or probabilities.
Plan the contribution increase as carefully as the return
A step-up SIP increases your monthly contribution at regular intervals. It can help align investing with rising income, but the later payments can become much larger than the starting amount. This calculator shows the final-year monthly contribution alongside projected value so that the contribution plan remains visible.
A practical example
Starting at Rs 10,000 a month with a 10% yearly increase means Rs 10,000 each month in year one, Rs 11,000 in year two and Rs 12,100 in year three. The increase is applied at month 13 and every 12 months after that; it is not applied every month.
Calculation method and assumptions
Monthly growth rate = (1 + annual return)^(1/12) − 1The default convention treats the annual input as an effective annual return. Each month, the model adds the contribution before or after growth according to your timing selection. The annual step-up changes the contribution after every 12 months. Alternatively, choose nominal rate / 12 to match that common calculator convention. No intermediate rounding is applied; displayed amounts are rounded.
Inflation and goal planning
Today's-money value equals future value divided by (1 + inflation) raised to the number of years. A goal stated in today's purchasing power is first inflated to the future date. The goal solver then deducts the projected lump-sum value and calculates the starting monthly SIP needed, including the chosen step-up. These values do not account for taxes or variable market returns.
SEBI's investor SIP calculator also treats return calculations as illustrations. No fixed market return can be promised.
Common questions
When is the annual increase applied?
The first 12 contributions use the initial monthly SIP. Contributions 13 through 24 use the first increased amount. Each later block of 12 contributions increases by the same percentage.
Does a step-up change the return assumption?
No. It changes contributions only. Growth still follows the return and timing assumptions you enter. Higher contributions must not be confused with a higher investment return.
Can I solve for a starting SIP?
Yes. Goal planner accounts for the annual step-up, initial lump sum, investment horizon and selected return convention. The displayed requirement is an estimate under those assumptions.