What is a Step-Up SIP? Unpacking the Core Concept

Aman9010 Jun, 2025Finance

A Step-Up SIP, also known as a Top-Up SIP, is an intelligent feature within a regular Systematic Investment Plan (SIP) that allows investors to systematically increase their investment amount at predefined intervals. Imagine a standard SIP where you invest a fixed amount, say ₹5,000, every month. In a Step-Up SIP, you have the option to increase this ₹5,000 contribution by a certain percentage (e.g., 10%) or a fixed amount (e.g., ₹500) after a specific period (e.g., every 12 months)