All calculators › Mutual fund calculators
Step-up SIP calculator
Estimate the value of a SIP that grows with your income. The monthly amount is raised by the step-up percentage once every 12 months.
Estimated value
—
- Amount invested
- —
- Estimated returns
- —
- Total value
- —
How it is calculated
Each month: balance = (balance + instalment) × (1 + i)
The calculator adds the instalment at the start of each month and grows the balance at the monthly return i. After every 12 instalments the instalment is increased by the step-up percentage.
Related calculators
This calculator is an educational illustration only and is not financial advice. The return you enter is an assumption, not a forecast. Mutual fund investments are subject to market risks and actual returns will vary.