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12:15
etmoney.com
Systematic Investment Plan (SIP): Meaning, Benefits, How It Works
Read this article to know all about systematic investment plan (SIP), meaning, types, how it works, benefits, and how to start SIP plan online for free at ET Money.
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Understanding SIP vs Step-up SIP! A SIP (Systematic Investment Plan) allows you to invest a fixed amount regularly —iinto mutual funds. It’s a disciplined way to build wealth over time. But what if you increase that amount every year? That’s where a Step-up SIP comes in. ➡️ SIP: Same investment amount every month ➡️ Step-up SIP: Investment amount increases annually (e.g., by 10%) Disclaimer: This post is intended for general and educational purposes only and should not be considered as investmen
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