Step-up SIP
Assumptions
Effective annual investment return converted to an equivalent monthly rate: (1 + annual return)^(1/12) − 1. Contributions are made at the start of each month. Constant returns are illustrative, not guaranteed; fees and taxes are excluded. Contributions increase after each completed year. Many published calculators divide the annual return by 12 each month instead, which produces a higher figure; that comparison value is listed in the detailed results.
Estimates are not personalised financial advice. Review assumptions before use.
Estimated future value
Based on your inputs. Not guaranteed. Exact amount: ₹16,34,449.
Monthly SIP by year
A larger final value also requires larger contributions. Review the later-year monthly amounts.A larger final value also requires larger contributions. Review the later-year monthly amounts.
View detailed breakdown
Contributions are money added during the year; growth is the change generated by the assumed return.
Can I sustain the step-up?
Compare annual contributions as well as the final value. An increasing SIP requires a larger cash commitment each year.
Detailed results
| Result | Value |
|---|---|
| Estimated future value | ₹16.34 lakh |
| Total invested | ₹9.56 lakh |
| Estimated growth | ₹6.78 lakh |
| Comparison: value if the annual return were divided by 12 | ₹16.87 lakh |
Schedule
| Year | Opening balance | Contributed | Growth | Closing balance |
|---|---|---|---|---|
| 1 | ₹0 | ₹60,000 | ₹3,832 | ₹63,832 |
| 2 | ₹63,832 | ₹66,000 | ₹11,876 | ₹1.42 lakh |
| 3 | ₹1.42 lakh | ₹72,600 | ₹21,642 | ₹2.36 lakh |
| 4 | ₹2.36 lakh | ₹79,860 | ₹33,415 | ₹3.49 lakh |
| 5 | ₹3.49 lakh | ₹87,846 | ₹47,518 | ₹4.85 lakh |
| 6 | ₹4.85 lakh | ₹96,631 | ₹64,323 | ₹6.46 lakh |
| 7 | ₹6.46 lakh | ₹1.06 lakh | ₹84,255 | ₹8.36 lakh |
| 8 | ₹8.36 lakh | ₹1.17 lakh | ₹1.08 lakh | ₹10.61 lakh |
| 9 | ₹10.61 lakh | ₹1.29 lakh | ₹1.36 lakh | ₹13.25 lakh |
| 10 | ₹13.25 lakh | ₹1.41 lakh | ₹1.68 lakh | ₹16.34 lakh |