Increase your SIP contribution annually by a fixed percentage (e.g., 10%) or amount. It grows with your income, automating wealth acceleration like salary raises.
Regular ₹10k SIP for 20 yrs = ₹99.9L. Same SIP with 10% annual step-up = ₹2.53 CR! Small increases snowball into massive wealth.
Align your Step-up SIP with salary hikes. Instead of spending your entire raise, channel half into increasing your SIP. Pay yourself first to build discipline and wealth.
1. Assess affordability. 2. Choose funds matching goals. 3. Select 'Step-up SIP' option on platform, specify % & month. 4. Monitor annually.
Don't set unrealistic percentages, forget to link to income, stop too early, or neglect fund reviews. Consistency and realistic growth are key.
See how a Step-up SIP can transform your financial future! Plug in your numbers on our calculator today. It's an eye-opener!