What is Step Up SIP, and how do I increase my SIP amount automatically?
Step Up SIP raises your SIP amount on its own each year, so you don’t have to remember to do it manually as your income grows.
To set it up, log in to your RankMF account, pick the fund you want to invest in, choose Step Up SIP, and set either a percentage or a fixed amount you’d like your SIP to go up by, along with how long this should continue. Once it’s set, your instalment increases automatically on schedule.
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