Types of SIPs

Systematic Investment Plans (SIPs) offer various types to cater to different investor needs:

Regular SIP: Invests a fixed amount at regular intervals.
Flexible SIP: Allows changing investment amounts based on cash flow.
Top-up SIP: Increases investment periodically by a fixed amount or percentage.
Perpetual SIP: No fixed end date, continues indefinitely until stopped.
Trigger SIP: Investments are made based on predefined market triggers.
Multi-SIP: Invests in multiple mutual funds through a single SIP.
Step-up SIP: Gradually increases the investment amount to align with income growth.
Each type helps investors systematically invest, aligning with their financial goals and risk appetite.
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