Step Up SIP Calculator

SIP is a popular and disciplined way of investing a fixed amount regularly in a mutual fund at predetermined intervals. Step-up SIP is a mode of investing wherein you increase the SIP amount at specified intervals.

For instance, if you invest Rs. 5,000 in the current year and choose to step up by 10%, then the SIP amount from the next year would be Rs. 5,500 [5,000+ (5,000*10/100)].

If you do so and want to know the corpus that you can accumulate this way, use the step-up SIP calculator.

The step-up SIP calculator is a digital tool that allows you to compute the potential returns and maturity value of your step-up systematic investment plan in mutual fund schemes. Using it you can plan your investments better and make informed decisions based on your financial goals.

Manually calculating the returns on a step-up SIP would be very complex and time-consuming. The step-up SIP calculator is a very simple and user-friendly tool available online that simplifies this process. All you need to do is visit the step-up SIP calculator on the Angel One website and follow the simple steps below:

Step 1: Enter the SIP Amount

Step 2: Enter the annual step-up percentage (the percent with which you want to increase your SIP amount)

Step 3: Select the duration of the SIP

Step 4:Select your expected rate of return

The step-up SIP calculator will show the total value of your investments at maturity, along with the total invested amount and estimated returns. The calculator automatically factors in the same step-up percentage yearly and yields the results for the investment duration.

For instance, you invest Rs. 15,000 in a step-up SIP with an annual step-up percentage of 10% for a tenure of 10 years, and the interest rate is 12%.

At the end of the SIP tenure, the maturity value would be Rs. 47,77,248. This means estimated returns of Rs. 19,08,511 over the invested amount of Rs. 28,68,736. The Angel One Step-Up SIP calculator would display all these values.

Besides being completely free and quick, the step-up SIP calculator offers several other benefits to investors. Let us take a look:

• Efficiency

  Computing step-up SIP returns might get confusing and time-consuming. The step-up SIP calculator at Angel One makes the task easy and quick and eliminates chances of error. So, you do not need to struggle with manual calculations and worry about inaccurate estimates.

• Ease of use

  The step-up SIP calculator is a convenient way to calculate returns. It just requires you to input the basic details like the SIP amount, tenure, step-up percentage, and expected rate of return to yield the desired results.

• Availability

  The easy availability of this calculator adds to the list of advantages. You can use the Angel One Step up SIP calculator online anytime from anywhere and make informed investment decisions.

• Customisability

  You can adjust the step-up percentage in the step-up calculator and estimate the returns. This helps you to compare and decide on a suitable SIP amount and step-up percentage to meet your specific financial goal.

Several factors influence the returns of your SIP investments. Some of them are below:

1. Duration of the SIP: Longer investment horizons allow you to compound the growth for longer and get higher returns. If you want higher earnings, opt for a longer duration of SIP investments. 
2. Investment Performance: The performance of the underlying investment significantly impacts SIP returns. If the instrument performs well, you get high returns and vice versa.
3. Expense Ratio: Mutual fund investments are managed by fund managers who charge a fee for managing these funds. This fee, along with the operational fee, is known as the expense ratio. If the expense ratio of the mutual fund you invest in is higher, your net earnings will be lower. 
4. Market Conditions: The returns on your SIP investments are governed by market conditions.