India, Oct. 13 -- An increasing Systematic Investment Plan (SIP) calculator, also known as a step-up SIP calculator, is a valuable online tool for investors aiming to grow their wealth and stay ahead of inflation through mutual fund investments. Inflation gradually lowers buying power, and keeping a fixed investment may not be sufficient to achieve long-term financial goals.

With a step-up SIP, investors can increase their monthly contributions over time, and the calculator helps plan future wealth efficiently by projecting these incremental investments.

What is a step-up SIP?

A step-up SIP in mutual funds enables investors to increase their month-on-month contributions at periodic intervals, either by a fixed amount or a percentage. T...