SIP Calculator: ₹10,000 Monthly Can Grow from ₹47 Lakh to ₹82 Lakh in 15 Years – Here’s How

SIP (Systematic Investment Plan) is one of the most widely used methods for long-term wealth creation by investing in mutual funds. The majority of investors decide on a monthly SIP sum and keep it for years. But financial experts say there’s a smarter way to significantly boost returns — the Step-Up SIP.

How Regular SIP Works

Investing ₹10,000 each month for 15 years results in a total of ₹18 lakh paid in. With the assumption of 12% average annual return the final amount will be almost ₹47.6 lakh. Though this is a very good return it can still not completely cover your increasing income in future.

The Power of Step-Up SIP

The good thing about a Step-Up SIP is that you can raise your monthly investment every year, more or less, according to salary increases or bonuses. For illustration, if you begin with ₹10,000 per month in the first year and raise it by 10% every year, your SIP will be ₹11,000 in the second year, ₹12,100 in the third year, and so forth.

₹47 Lakh vs ₹82 Lakh – The Difference

With a 10% annual step-up SIP over 15 years and the same 12% annual return, your total investment increases to about ₹38 lakh. However, thanks to compounding, the final corpus can grow to nearly ₹82.7 lakh — almost double the amount generated by a regular SIP.

Why Step-Up SIP Works Better

Matches rising income levels

Improves financial discipline

Maximizes the benefit of compounding

Helps achieve long-term goals faster

Things to Keep in Mind

Experts advise choosing a step-up percentage based on your financial comfort. A 5–10% annual increase is usually manageable, while aggressive hikes of 20–30% may strain your budget. It’s also important to factor in emergencies, job stability, and changing income levels.

Bottom Line

There’s no need for a large investment at the very beginning to accumulate wealth. The small starting amount with a gradual increase in SIP can lead to a huge difference in the course of time. Don’t bother with short-term market fluctuations and remain an investor — disciplined SIP investing gives the reward of patience in the long run.