Edited highlights
0:23 This video will discuss the five things that you need to remember before going for a mutual fund top up SIP
0:52 In top up mutual funds, regular investment amount increases periodically
1:04 You need to specify that you are opting for top up SIP at the time of enrolment
1:09 In a regular SIP, you will not be able to make a change to Top Up SIPs
1:17 So, if you are confident that you will be able to increase your regular investment amount with increase in income, opt for a Top Up SIP
1:28 You can then start small and periodically increase the regular investment amount
1:39 The frequency of the top up can be half-yearly or annually. This you can find out from the fund or the fund house of your choice
2:19 Top up SIPs happen through ECS or the auto debit route
2:29 Top up SIPs can be started with as small an amount as Rs 500 and thereafter, in multiples of Rs 500
2:46 The remaining aspects of top SIPs are same as regular SIPs
