Step-up or Top-up SIP – This type of SIP allows you to increase your contribution at fixed intervals, giving you the chance to make the most of a favourable market positioning.This allows you to cater to your changing affordability. Here, you can change the SIP contribution amount at any given time. You can make fixed SIP contributions at fixed time intervals. Flexible SIP – This SIP works similarly to a regular SIP.You cannot change your SIP amount at any point. You can make fixed SIP contributions at fixed time intervals – monthly, quarterly, or half-yearly.
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