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Step Up SIP Calculator

The Step-Up SIP Calculator allows investors to ascertain the potential growth of your Systematic Investment Plan (SIP) over time. It helps you make informed decisions about increasing your contributions from time to time for better long-term returns.

Returns Estimator

Estimation is based on the past performance

Monthly Investment

Select Duration
Yrs
1 Yr 30 Yrs
Step Up (Annually)
%
8% 30%
Expected Rate of Return
%
8% 30%

ENTER AMOUNT

Select Duration
Yrs
1 Yr 30 Yrs
Expected Rate of Return
%
8% 30%

The total value of your investment after   years will be

0

Invested Amount

Est. Returns

Returns Estimator

Estimation is based on the past performance

Expected Target Amount

Select Duration
Yrs
1 Yr 30 Yrs
Expected Rate of Return
%
8% 30%

For next   years, your monthly investment will be

0
Years Investment Amount Interest Earned Maturity Amount

1

₹10,800

₹793

₹11,593

2

₹10,800

₹793

₹11,593

3

₹10,800

₹793

₹11,593

4

₹10,800

₹793

₹11,593

5

₹10,800

₹793

₹11,593

6

₹10,800

₹793

₹11,593

7

₹10,800

₹793

₹11,593

Disclaimer: Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not an indicator of future returns. Learn More

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What is the Step-up SIP calculator?

SIP is a popular and disciplined way of investing a fixed amount regularly in a mutual fund at predetermined intervals. Step-up SIP is a mode of investing wherein you increase the SIP amount at specified intervals.

For instance, if you invest Rs. 5,000 in the current year and choose to step up by 10%, then the SIP amount from the next year would be Rs. 5,500 [5,000+ (5,000*10/100)].

If you do so and want to know the corpus that you can accumulate this way, use the step-up SIP calculator.

The step-up SIP calculator is a digital tool that allows you to compute the potential returns and maturity value of your step-up systematic investment plan in mutual fund schemes. Using it you can plan your investments better and make informed decisions based on your financial goals.

How Does a Step-Up SIP Calculator Work?

The step-up SIP calculator considers certain factors, such as the value of SIP investment, the duration of investment, the annual step-up percentage, and the expected rate of return, to provide an estimate of your investment's future value. It helps you to accomplish your financial goals by letting you know how much you can accumulate by increasing your SIP according to the projected annual increase in income. You can try different combinations to evaluate what works best for your financial objectives.

What Is the Step-Up SIP Calculator Formula?

The Step-up SIP calculator formula requires you to input three variables to compute anticipated returns upon maturity. The formula is below:

SIP Returns = P × ({([1 + i] ^n) – 1} / i) × (1 + i)

Here,

P is the SIP amount you want to invest

i is the expected rate of return on your investments, and  

n is the number of total SIPs (tenure in months)

How To Use the Online Step-Up SIP Calculator?

Manually calculating the returns on a step-up SIP would be very complex and time-consuming. The step-up SIP calculator is a very simple and user-friendly tool available online that simplifies this process. All you need to do is visit the step-up SIP calculator on the Angel One website and follow the simple steps below:

Step 1: Enter the SIP Amount

Step 2: Enter the annual step-up percentage (the percent with which you want to increase your SIP amount)

Step 3: Select the duration of the SIP

Step 4:Select your expected rate of return

The step-up SIP calculator will show the total value of your investments at maturity, along with the total invested amount and estimated returns. The calculator automatically factors in the same step-up percentage yearly and yields the results for the investment duration.

For instance, you invest Rs. 15,000 in a step-up SIP with an annual step-up percentage of 10% for a tenure of 10 years, and the interest rate is 12%.

At the end of the SIP tenure, the maturity value would be Rs. 47,77,248. This means estimated returns of Rs. 19,08,511 over the invested amount of Rs. 28,68,736. The Angel One Step-Up SIP calculator would display all these values.

Benefits of Using a Step-Up SIP Calculator

Besides being completely free and quick, the step-up SIP calculator offers several other benefits to investors. Let us take a look:

  • Efficiency

    Computing step-up SIP returns might get confusing and time-consuming. The step-up SIP calculator at Angel One makes the task easy and quick and eliminates chances of error. So, you do not need to struggle with manual calculations and worry about inaccurate estimates.

  • Ease of use

    The step-up SIP calculator is a convenient way to calculate returns. It just requires you to input the basic details like the SIP amount, tenure, step-up percentage, and expected rate of return to yield the desired results.

  • Availability

    The easy availability of this calculator adds to the list of advantages. You can use the Angel One Step up SIP calculator online anytime from anywhere and make informed investment decisions.

  • Customisability

    You can adjust the step-up percentage in the step-up calculator and estimate the returns. This helps you to compare and decide on a suitable SIP amount and step-up percentage to meet your specific financial goal.

Factors Influencing SIP Earnings

Several factors influence the returns of your SIP investments. Some of them are below:

  1. Duration of the SIP: Longer investment horizons allow you to compound the growth for longer and get higher returns. If you want higher earnings, opt for a longer duration of SIP investments. 
  2. Investment Performance: The performance of the underlying investment significantly impacts SIP returns. If the instrument performs well, you get high returns and vice versa.
  3. Expense Ratio: Mutual fund investments are managed by fund managers who charge a fee for managing these funds. This fee, along with the operational fee, is known as the expense ratio. If the expense ratio of the mutual fund you invest in is higher, your net earnings will be lower. 
  4. Market Conditions: The returns on your SIP investments are governed by market conditions. 

Step Up SIP Calculator FAQs

What is a step-up SIP calculator?

A step-up SIP calculator is an online tool that helps you estimate the potential returns and future value of your investments so you can make informed financial decisions. It helps you plan and understand the growth of your investments over time.

How to use the online step-up SIP calculator?

Using the step-up SIP calculator online is a breeze! You can get your desired computations instantly. Simply enter the SIP amount, the investment tenure, the percentage by which you want to step up your SIP each year, and the expected return. The calculator will instantly estimate the maturity value of your investment and your potential investment returns, thereby making financial planning easier.

Is the step-up SIP calculator free to use?

Yes, the step-up SIP calculator is free to use. You can use the calculator multiple times to explore different investment scenarios and make informed decisions without spending anything.

How much can be the minimum tenure of step-up SIP?

The minimum tenure for a step-up SIP depends on your chosen mutual fund. In the case of ELSS schemes, the minimum tenure would be 3 years, but in other cases, there might not be a minimum tenure, and you can invest for as long as you want.

What is the rate of return on step-up SIPs?

The rate of return on step-up SIPs varies based on the performance of the underlying mutual fund investments and the market conditions.

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