Increasing your SIP amount annually is THE most powerful thing you can do to accelerate wealth creation. A 10% annual increase more than doubles your final corpus compared to a flat SIP.
| Strategy | Amount Invested | Corpus (20yr @12%) |
|---|---|---|
| Flat ₹10K/month | ₹24,00,000 | ₹99,91,479 |
| 10% annual step-up from ₹10K | ₹68,72,000 | ₹2,18,93,124 |
Same starting amount, 10% annual increase — creates ₹1.19 Crore MORE wealth!
Groww: Create SIP → Toggle "Step Up" → Enter increase percentage or amount → Confirm. Groww supports both % increase and fixed amount increase.
Zerodha Coin: Invest → New SIP → Scroll to "SIP Top-Up" → Enter annual top-up amount → Place order.
HDFC Bank NetBanking: MF section → New SIP → Enable Annual Step-Up Facility → Enter percentage.
AMC Website (Direct Plan): Most AMC websites — HDFC MF, SBI MF, Mirae, etc. — have step-up option in SIP form.
Every April (start of new financial year): Cancel old SIP → Start new SIP with increased amount. Takes 5 minutes. No dependency on platform feature availability. Many investors prefer this control.
Calculate Step-up SIP returns: Step-up SIP Calculator
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⚠️ This article is for educational purposes only. Not investment advice. Contact: teamsipcalculators.in@gmail.com