Step up SIP Calculator
Step Up SIP (Systematic Investment Plan) is an investment strategy where the investor starts with a small investment amount and gradually increases the amount over time. Under this strategy, the investment amount is increased periodically. The idea behind a Step Up SIP is to enable investors to start with a small investment and gradually increase the amount as their income grows over time.
Monthly Investment
Annual step up
Expected return rate(p.a)
Time period (yr)
Calculate
Invested Amount
₹ 6,87,833
Estimated Returns
₹ 6,06,309
Total Value
₹ 12,94,142
How to use this calculator?
Step up SIP
Step Up SIP (Systematic Investment Plan) is an investment strategy where the investor starts with a small investment amount and gradually increases the amount over time.
Why should I consider Step up SIP over traditional SIP?
Investors under the classic SIP model are not given the choice to increase their periodic contributions over the course of the investment. One must start a new SIP if they want to invest more money than they were able to do previously. This is a situation where Step-up SIP excels.
Advantages of step up SIP
- Increased savings
- Flexibility
- Power of compounding
- Better long-term returns
- Achieve long-term goals
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What is Step up SIP?
Step Up SIP (Systematic Investment Plan) is an investment strategy where the investor starts with a small investment amount and gradually increases the amount over time. Under this strategy, the investment amount is increased periodically, usually on an annual basis, by a fixed percentage or a pre-decided amount. The idea behind a Step Up SIP is to enable investors to start with a small investment and gradually increase the amount as their income grows over time. This strategy helps investors to make the most of their investments by putting in more money during the years when their income is higher and reducing the investment amount during years when their income is lower.
What are the advantages of step up SIP over normal SIP?
- Increased savings: With Step Up SIP, investors can start with a lower investment amount and gradually increase it over time. This helps them to save more money, especially during the years when their income is higher.
- Flexibility: Step Up SIP allows investors to adjust their investment amount according to their financial situation. This flexibility makes it easier for investors to manage their investments and avoid financial strain.
- Power of compounding: As the investment amount increases over time, the power of compounding comes into play, resulting in higher returns over the long term.
- Better long-term returns: By investing more during the years when the income is higher, investors can potentially earn better long-term returns.
- Achieve long-term goals: Step Up SIP can help investors achieve their long-term financial goals by enabling them to invest more when they have the ability to do so.
How to use Step up SIP calculator?
FundsIndia Step up SIP calculator is an intuitive tool that calculates your investment returns via Step up SIP easily. Just plug in the required fields and the calculator will output the value of your returns.