Welcome to Achievv's Step Up SIP Calculator, designed specifically for Indian investors who want to increase their SIP investments progressively over time. This calculator helps you plan and visualize the growth of your increasing SIP investments.

What is Step Up SIP?

Step Up SIP (also known as Top Up SIP) is a feature that allows you to automatically increase your SIP amount at regular intervals, typically annually. This strategy helps you:

• Grow with Income: Increase investments as your salary grows
• Beat Inflation: Maintain purchasing power of your investments
• Accelerate Wealth Creation: Higher investments lead to higher returns
• Disciplined Growth: Systematic increase in investment amounts

How Step Up SIP Works

In a Step Up SIP:

1. Year 1: You invest ₹5,000 per month
2. Year 2: SIP automatically increases to ₹6,000 per month
3. Year 3: SIP increases to ₹7,000 per month
4. And so on... Your investment grows progressively

Benefits of Step Up SIP

• Income Growth Alignment: Investments grow with your career progression
• Inflation Protection: Maintains real value of investments
• Higher Returns: More money invested = higher absolute returns
• Flexibility: Can be paused or modified as needed
• Tax Benefits: ELSS funds offer Section 80C benefits

Popular Step Up SIP Funds in India

Most major mutual fund houses offer Step Up SIP:

• HDFC Top 100 Fund - Large cap equity fund
• SBI Bluechip Fund - Large cap equity fund
• ICICI Prudential Value Discovery Fund - Multi cap fund
• Axis Bluechip Fund - Large cap equity fund
• Franklin India Prima Fund - Mid cap fund