In this video, we will discuss 4 ways in which Top-Up SIPs help investors
Edited highlights
0:06 In this video, we will discuss 4 ways in which Top-Up SIPs help investors
0:15 Top SIPs are systematic investment plans of mutual funds where the regular investment amount increases periodically
1:10 Top-Up SIPs help you start investing with small amounts
1:13 So, even if you are early in your career or have just started working, you don't have to worry about saving large amounts before beginning your investments
1:20 You can start investing in Top-Up SIPs with a small amount of Rs 500 and in multiples of Rs 500 thereafter
1:32 As long as you are sure that your income is going to go up over time, you can sign up for Top-Up SIPs
2:08 Top-Up SIPs help channelise a part of your pay hike to investments for your long term financial goals like a holiday, a car, home down payment and children's higher education
2:33 You can Top-Up SIPs earmarked for each financial goal
2:55 Since you are increasing the regular investment amount periodically over time, you end up saving more than a regular SIP
3:39 When you sign up for a Top-Up SIP you don't have to make additional paperwork
