A SIP, or systematic investment plan, is a tool for investing in mutual funds. The term “Step-Up SIP†is a systematic investment plan (SIP) approach for investing in mutual funds that entails gradually increasing the investment amount over time. With a step-up SIP, you can begin with a smaller investment and gradually raise it as opposed to making a fixed amount of investments every month.📈
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Posted On: 14 Jul 2023 5:35 PM
