SIP Step-Up Calculator with Growth Chart
Investment Growth Chart
Projection Details
Total Investment: ₹0
Estimated Returns: ₹0
Maturity Value: ₹0
Yearly Breakdown
Year | Investment | Step-Up | Returns |
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Understanding SIP Step-Up Calculations
A Systematic Investment Plan (SIP) with annual step-up allows investors to increase their monthly investment amount systematically. This calculator helps visualize:
- Compound growth with annual SIP increases
- Year-by-year investment breakdown
- Projected returns with market fluctuations
- Visual representation of wealth growth
FAQ
Q: How is SIP step-up calculated?
A: Your monthly investment increases by the specified percentage annually. For 10% step-up on ₹5000 SIP: Year 1 = ₹5000/m, Year 2 = ₹5500/m, etc.
Q: What's the formula used?
A: We use monthly compounding: FV = P * [(1 + r)^n - 1] / r * (1 + r), where P=Monthly SIP, r=Monthly return rate
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