Step-up SIP
Market basicsA SIP that increases automatically each year, usually with income.
In plain terms
One checkbox at setup that can roughly double a twenty-year corpus. Almost nobody enables it.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
A SIP that increases automatically each year, usually with income.
One checkbox at setup that can roughly double a twenty-year corpus. Almost nobody enables it.