Systematic Investment Plans (SIPs) have become a popular choice for building wealth through mutual funds. They offer a disciplined and convenient way to invest regularly, leveraging the power of rupee-cost averaging. But what if you could take your SIPs to the next level? Enter Step-up SIPs, a dynamic investment strategy designed to supercharge your wealth creation journey.

What are Step-up SIPs?

A Step-up SIP, also known as a Top-up SIP, is a variation of the traditional SIP that allows for automatic increases in your investment amount at predetermined intervals. This creates a powerful synergy – your investment grows not only through market appreciation of your existing contributions but also through the steadily rising amount you invest over time.