Step Up SIP Calculator: Year-by-Year Table, Lumpsum & Inflation
A step up SIP raises your monthly investment every year, usually in line with your salary. Enter your starting SIP, yearly increase (as a % or in ₹), expected return and any lumpsum to see your year-by-year table, the final corpus, what it is worth in today's money after inflation, and the SIP you need for a target like ₹1 crore.
Step Up SIP Calculator
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Growth, year by year
Step up SIP table
| Year | Monthly SIP | Invested this year | Total invested | Value at year end |
|---|
Assumes a steady return, SIPs paid at the start of each month, and the step-up applied once a year. Real fund returns vary year to year, and figures are before tax. An estimate for planning, not investment advice.
Is your SIP enough to retire on?
The right target depends on your expenses, retirement age and inflation, not a round number. Answer 5 quick questions to see the corpus you actually need and whether your savings get there.
How to use the step up SIP calculator
- Monthly SIP to start: what you invest each month in the first year.
- Yearly increase: choose a percentage (for example 10%, matching a salary hike) or a fixed rupee amount (for example ₹1,000 more each year).
- Expected return: a conservative long-run yearly return, such as 11–12% for diversified equity funds.
- Time period: how many years you will keep investing.
- Initial lumpsum: anything you invest once at the start, such as a bonus or existing savings. Leave it at 0 if none.
- Inflation and target: used to show your corpus in today's money and the starting SIP needed to reach your goal.
Use Download table to save the year-by-year table as a CSV file that opens in Excel or Google Sheets.
Step up SIP vs regular SIP
What ₹10,000 a month grows to at a 12% return, with no step-up, 5% a year and 10% a year:
| Period | Regular SIP | 5% step-up | 10% step-up |
|---|---|---|---|
| 10 years | ₹22.40 L (₹12.00 L) | ₹26.94 L (₹15.09 L) | ₹32.69 L (₹19.12 L) |
| 20 years | ₹91.99 L (₹24.00 L) | ₹1.28 Cr (₹39.68 L) | ₹1.86 Cr (₹68.73 L) |
| 30 years | ₹3.08 Cr (₹36.00 L) | ₹4.68 Cr (₹79.73 L) | ₹7.99 Cr (₹1.97 Cr) |
Over 20 years a 10% step-up turns ₹91.99 L into ₹1.86 Cr. You invest ₹68.73 L instead of ₹24.00 L, and the extra money has years to compound. The longer the horizon, the bigger the gap.
How much SIP do you need for ₹1 crore, ₹2 crore or ₹5 crore?
The starting monthly SIP needed at a 12% return, rising 10% a year, with the regular (flat) SIP for comparison:
| Target | In 15 years | In 20 years | In 25 years |
|---|---|---|---|
| ₹1.00 Cr | ₹12,100 vs ₹21,100 | ₹5,400 vs ₹10,900 | ₹2,600 vs ₹5,900 |
| ₹2.00 Cr | ₹24,200 vs ₹42,100 | ₹10,800 vs ₹21,800 | ₹5,100 vs ₹11,800 |
| ₹5.00 Cr | ₹60,500 vs ₹1,05,100 | ₹26,900 vs ₹54,400 | ₹12,800 vs ₹29,400 |
A step-up roughly halves the amount you need to start with: ₹1 crore in 20 years takes ₹5,400 a month rising 10% a year, against ₹10,900 a month flat. But is ₹1 crore the right goal? Read is ₹1 crore enough to retire in India.
Step up SIP calculator with inflation
A corpus 20 years away is in future rupees. At 6% inflation, prices roughly triple in 20 years, so ₹1.86 Cr then buys what about ₹58.09 L buys today. The calculator shows this "today's money" value under your corpus.
This is also why a step-up matters: a SIP that never rises is worth less every year in real terms. Raising it 5–10% a year keeps your real investing steady or growing.
Step up SIP with an initial lumpsum
If you already have savings or a bonus to invest, add it as the initial lumpsum. ₹5 lakh at the start plus a ₹10,000 SIP rising 10% a year grows to about ₹2.35 Cr in 20 years at 12%, against ₹1.86 Cr without it. Money invested early has the longest time to compound.
How a step up SIP is calculated
For a regular SIP paid at the start of each month, the maturity value is:
With a step-up the monthly amount P changes every year, so the calculator applies this month by month: add the SIP, grow the balance by r, and raise the SIP after every 12 months. Here r is the monthly rate that compounds to your annual return: (1 + annual return)1/12 − 1, which is 0.949% a month for 12%.
Why our number may be lower than other SIP calculators
Many calculators use 12% ÷ 12 = 1% a month. Compounded monthly, that is actually 12.68% a year, more than you entered. For ₹10,000 a month over 20 years they show about ₹99.91 L; at a true 12% a year it is ₹91.99 L. We use the exact rate so your plan isn't built on returns your funds never promised.
Tips for a step up SIP
- Tie it to your appraisal. Most fund houses and platforms let you set the top-up date. Set it just after your yearly hike.
- Start smaller, step up more. A lower start with a 10% step-up is often easier to sustain than a large flat SIP.
- Plan for the payout too. When you retire, the corpus has to pay you a monthly income. Use our SWP calculator to see how long it lasts.
- Count EPF and NPS. Your SIP is only part of your retirement savings. See the EPF and NPS calculators.
Step up SIP FAQs
What is a step up SIP?
A step up SIP (also called a top-up SIP) is a SIP whose monthly amount rises automatically once a year, either by a percentage such as 10% or by a fixed amount such as ₹1,000. It lets your investing keep pace with salary hikes, so you build a much larger corpus than with a SIP that never changes.
How is a step up SIP calculated?
Each month the SIP is added to your investment and the whole amount grows at the monthly equivalent of your expected annual return. Every 12 months the SIP increases by the step-up. Because the amount changes each year, the calculator works month by month instead of using the single SIP formula.
How much SIP do I need for ₹1 crore?
At a 12% annual return over 20 years, you need to start at about ₹5,400 a month if you raise it by 10% every year, or ₹10,900 a month if the SIP never changes.
What is a good step up percentage?
Match it to your expected salary growth: 5–10% a year is realistic for most salaried people in India. Even 5% makes a large difference over 20 years. Pick a rate you can keep up in a bad year, since stopping a step-up is easy but skipped years cannot be made up cheaply.
Is a step up SIP better than a regular SIP?
For long goals, yes. ₹10,000 a month for 20 years at 12% grows to about ₹91.99 L; the same SIP rising 10% a year grows to about ₹1.86 Cr. You invest more, but the extra money also compounds for years.
Why is this calculator's result lower than some other SIP calculators?
Many calculators divide the annual return by 12 and compound that monthly, which actually works out to more than the return you entered (12% ÷ 12 compounded monthly is 12.68% a year). We use the exact monthly rate that compounds to your return, so ₹10,000 a month for 20 years at 12% shows ₹91.99 L here and about ₹99.91 L on those calculators.
Can I add a lumpsum to a step up SIP?
Yes. Enter it as the initial investment. For example, ₹5 lakh invested at the start alongside a ₹10,000 SIP rising 10% a year grows to about ₹2.35 Cr in 20 years at 12%.
How is a step up SIP taxed?
Tax applies only when you redeem. For equity funds, gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year, and at 20% if held 12 months or less. Each monthly instalment has its own holding period. Debt funds bought after 1 April 2023 are taxed at your slab rate.
How we calculate
The calculator simulates every month: the SIP is added at the start of the month, then the balance grows at the monthly rate that compounds to your annual return. The step-up is applied every 12 months. A lumpsum is invested at the start. Today's-money values divide by (1 + inflation)years. Figures are estimates for planning, not investment, tax or legal advice. CorpusCalculator.com is not a SEBI-registered investment adviser. Read our disclaimer.