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Mutual Funds
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A Step-Up Systematic capital 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 capital, 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 money objectives.
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