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Mutual funds
The instalment grows each year, the way a salary might. 10% step-up on ₹10,000 means year two is ₹11,000. Later, larger contributions weigh more in the XIRR.
The instalment grows each year, the way a salary might. 10% step-up on ₹10,000 means year two is ₹11,000. Later, larger contributions weigh more in the XIRR.
No. Step-up SIP describes a fund's costs, structure or past record. Mutual fund investments are subject to market risks, and past performance does not indicate future returns.