Step-Up SIP Calculator

Step-Up SIP Calculator

Understanding Step-Up SIP

A step-up SIP calculator helps you determine the future value of regular investments that increase at a fixed rate over time, considering an expected rate of return.

Key Concepts:

  • Initial Monthly Investment: The amount invested initially each month.
  • Investment Period: The total duration over which you will invest, usually expressed in years.
  • Expected Return: The annual rate of return you anticipate from your investments, typically represented as a percentage.
  • Step-Up Rate: The annual rate at which your monthly investment amount will increase, typically represented as a percentage.

How it Works:

The calculator estimates the future value of your monthly investments, factoring in the compounded returns and the annual increase in your investment amount over the investment period.