Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
A Step-Up SIP (top-up SIP) automatically increases the SIP amount at a fixed percentage or amount on a set schedule, usually annually.
Your SIP grows every year — often with your salary hike — so you invest more over time without starting from a high amount.
Wealth is the sum of each year’s contributions compounded to the end of the tenure. Common step-ups in India are 5–15% annually.
₹10,000/month with 10% annual step-up becomes ₹11,000 in year 2 and ₹12,100 in year 3, raising long-term corpus versus a flat SIP.
Your SIP grows every year — often with your salary hike — so you invest more over time without starting from a high amount.
Step-Up SIP helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.