How this works
This projects a monthly SIP contribution forward using compound growth, with an optional step-up (a yearly percentage or fixed increase to your contribution, common for salary-linked SIPs). Each month's investment starts compounding from the day it's made, not from the end of the year.
Common questions
What does step-up actually change?
It increases your monthly contribution automatically each year (by a percentage or fixed amount you set) rather than keeping it flat — a realistic option since most people can invest more as income grows, and it noticeably increases the final corpus versus a flat SIP.
Does this account for inflation?
Only if you turn that option on — by default it shows nominal future value; the inflation-adjusted purchasing-power figure shows what that amount would be worth in today's money.