Set to a ₹10,000 SIP raised 10% a year for 20 years. Change any figure.
A step-up (or top-up) SIP raises the monthly amount by a set percentage once a year, usually to match a salary rise. ₹10,000 a month raised 10% every year for 20 years at 12% grows to about ₹1.99 crore, against ₹99.9 lakh for a flat ₹10,000 SIP.
A step-up (or top-up) SIP raises the monthly amount by a set percentage once a year, usually to match a salary rise. ₹10,000 a month raised 10% every year for 20 years at 12% grows to about ₹1.99 crore, against ₹99.9 lakh for a flat ₹10,000 SIP.
Most fund houses let you set the step-up when you start the SIP, either as a percentage or a fixed rupee amount, so the increase happens without you having to remember.
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Something you can keep up, often 5 to 10% a year, close to your expected pay rise.
No. You choose the step-up once and the fund house raises the instalment each year on its own.
Yes. Use the goal planner tab and enter a step-up percentage; it shows the starting SIP you need.
Yes, it is free, with no sign-up. Everything is worked out inside your browser, so nothing you type is sent to a server.