With Step-up SIP you can start investing an initial amount and then gradually increase it till it reaches the final amount e.g., if your initial investment amount is 1000 per month and you specified a step-up of 10%, it will become 1100 in the second year, 1210 in the third year and so on.
Investment Amount
₹4,98,368
Return Amount
₹6,64,520
Return Rate
6%
Duration
6y 4m
Increasing your investment amount with respect to your income will lead to generate more wealth in the long term.