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Mutual Funds
Investment
Personal Finance
Wealth Management
Financial Planning
Stock Market
Portfolio Diversification
SIP (Systematic Investment Plan)
Asset Allocation
Risk Management
Retirement Planning
Passive Income
Money Management
Fund Types (e.g., Equity Funds, Debt Funds, Hybrid Funds)
Market Analysis
Investing Strategies
Beginner's Guide
Compound Interest
Taxation on Mutual Funds
Investment Tips
A Step-Up Systematic Investment Plan (SIP) is a way to increase the amount of money you invest regularly in a mutual fund over time. In simple words, it means that you start with a lower amount of money in your SIP, and then at regular intervals (like every year or every few months), you decide to invest more money. This way, you gradually increase your investment, which can help you save and grow your money faster over the long term. It's like slowly turning up the volume on your savings to reach your financial goals.