Step-up SIP Calculator with Inflation
Increase your SIP every year and see what it could be worth, both in the future and in today's money.
Frequently asked questions
What is a step-up SIP?
A step-up (top-up) SIP increases your monthly instalment by a fixed percentage every year, for example in line with salary hikes.
How is it calculated?
In year k the monthly SIP is P × (1 + step-up)^(k − 1). Each instalment is invested at the start of the month and grows at the annual return ÷ 12. The final value is divided by (1 + inflation)^years to show it in today's money.
Why does inflation matter here?
A step-up helps your savings keep pace with rising income and prices. Looking at the value in today's money shows whether your goal will really be met.
Disclaimer: This calculator is for illustration only. The results are estimates based on the rate of return you enter and do not indicate, promise or guarantee future returns. Actual returns vary with market conditions and are not guaranteed.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns. Please consult your financial advisor before investing.