Boost Your Returns: How Step-up SIPs Align Investments with Salary Growth

• Step-up SIPs allow investors to periodically increase contributions, aligning investments with potential earnings growth.
• A step-up SIP calculator helps visualize how incremental changes in contributions can influence the overall investment journey and corpus growth.
• The increase in a step-up SIP is usually a percentage of the existing SIP amount, often referenced to salary growth but remains a voluntary adjustment.
• While step-ups affect contribution amounts, they do not alter the underlying mutual fund scheme's structure, risk profile, or market exposure.
• Step-up decisions should consider expenses, savings goals, and liquidity, rather than strictly matching unpredictable salary growth.