Step-Up SIP: A Smart Strategy to Grow Your Investments

In a [**Step-Up SIP**](https://datesfinserv.com/step-up-sip/), you increase your investment amount at predetermined intervals, such as annually or semi-annually. This systematic escalation helps you combat inflation and allows you to accumulate wealth faster. How Does it Work? * Initial Investment: You start by investing a specific amount at regular intervals (e.g., monthly). * Escalation Schedule: You pre-define the percentage or absolute amount by which your SIP amount will increase at specific intervals (e.g., 10% increase annually). * Consistent Investments: You continue investing at the escalating amounts at regular intervals.