Rs 12,000 SIP vs Rs 5,000 Step-Up SIP: Which Builds a Higher Retirement Corpus?

In a simple SIP, you decide a monthly investment amount for a periodic investment cycle. You do not increase the investment amount for the entire duration of the investment. The impact of a simple SIP may not be evident in the short term, but in the long term, it can do wonders because of the power of compounding.

Updated on: November 26, 2024, 08.04 PM IST
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