Step-Up SIP Calculator

As far as mutual funds are concerned, where an investment is being made through SIP most investors begin with a fixed investment amount per month. But as your income increases you would increase your SIP amount by a certain percentage to tackle future inflation and lifestyle. This is when one needs a better solution for this through a Step-Up SIP, which can make you richer as you continually adjust your SIP amount.

In this article, we will understand what exactly is a Step-Up SIP, how one could work out the future returns for it, and how a Step-Up SIP Calculator could help in achieving the investors financial goals.