Types of SIPs
- Top-Up SIPs:
- Enables periodic increases in the SIP amount to align with growing income levels or changing financial goals.
Trigger-Based SIPs:
- Starts or stops investments based on specific triggers like market levels, NAV, or a predetermined date.
- Goal-Based SIPs:
- Designed to meet specific financial goals, with investments aligned to achieve those targets by a defined timeline.