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This paper proposes a step-up 3-Ф switched-capacitor multilevel inverter topology with minimal switch count and voltage stresses. The proposed topology is designed to provide five distinct output voltage levels from a single isolated dc source, making it suitable for medium and low-voltage applications. Each leg of the proposed topology contains four switches, one power diode, and a capacitor. The switching signals are also generated using a staircase universal modulation method. As a result, the proposed topology will operate at both low and high switching frequencies. To highlight the proposed topology’s advantages, a comparison of three-phase topologies wasperformed in terms of the switching components, voltage stress, component count per level factor, and cost function withthe recent literature. The topology achieved an efficiency of about 96.7% with dynamic loading, and 75% of the switches experienced half of the peak output voltage (<i>V_DC</i>), whereas the remaining switches experienced peak output voltage (2<i>V_DC</i>) as voltage stress. The MATLAB/Simulink environment was used to simulate the proposed topology, and a laboratory prototype was also built to verify the inverter’s theoretical justifications and real-time performance.