General

What is Step-up feature in SIP?

Step-Up SIP is a process that will increase your Mutual Fund SIP Installment amount periodically by an amount and at a set interval as defined by you. Minimum interval at which you can increase the SIP Installment is 6 months and minimum amount by which you can increase the SIP Installment amount is Rs. 100.00 subject to the ‘Multiple’ of SIP Instalment Amount and Step-Up Amount are same.
"Step-Up SIP" option is only available for SIPs with period "Till Cancellation.