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Systematic Investment Plan (SIP) | SIP Scheme - HSBC IN

Don’t do SIP, Stop it immediately ! Start a Step-up SIP We all know that a systematic investment plan (SIP) of a mutual fund gives us the added advantage of rupee cost averaging. But there is a problem in the traditional SIP. It assumes a constant SIP each month for a long period of time. But that is not the way your income grows. For example, if you are in a job then you get annual increments and if you are in business your revenues and profits will grow over a period of time. It would be there