got a salary hike here s how a step up sip mutual fund strategy can help you save smarter

Got A Salary Hike Here's How A Step-up Sip Mutual Fund Strategy Can Help You Save Smarter

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Got a salary hike? Financial planners recommend a step-up SIP, which auto-increases your mutual fund investment yearly to match income growth. But rising costs and poor planning can strain cash flow, so review regularly and adjust SIPs wisely to avoid penalties or missed goals.