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step up sip: You can double savings from Rs 1 cr to Rs 2 cr by hiking mutual fund SIP by 10%, here's how

Fixed amount monthly contribution through mutual fund SIP has it own limitation specially when you are saving for a long term life goal. As inflation would make your goal costly you would need to save higher. With time most people witness a gradual rise in their income and they can channelise some additional savings towards increasing their contribution annually through step up SIP and save a much bigger corpus than what was originally estimated. ....

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