Systematic Investment Plan (SIP) options include Top-up, Trigger, Regular, Flexible and Perpetual. An investor has to choose the right SIP to meet his/her financial goals.
Regular SIP is suitable for investors with a steady income to build wealth.
Flexible SIP is suitable for self-employed persons having irregular monthly income to accumulate mutual fund units.
Top-up SIP is ideal for investors with a steady increase in their future income to step up investment amount systematically at regular intervals.
Trigger SIP is suitable for young investors to trigger systematic investment amount based on pre-defined market trends.
Perpetual SIP is suitable for middle-aged investors to invest systematically without any expiry date.
Investors can select their convenient type of Systematic Investment Plan (SIP) to achieve financial goals.
