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<!doctype html><html lang="en"> <head><title data-rh="true">5 Types Of Mutual Fund SIPs You Probably Didn’t Know About</title><meta data-rh="true" name="keywords" content="mutual fund, mutual funds, invest, investment, stocks, stock market,types of SIP, SIP types, types of SIPs, mutual fund SIPs types, SIP types, step up SIP, top up SIP, trigger SIP, flexible SIP,perpetual SIP,multi SIP, SIP, start sip online, open sip online, open a demat account, invest in mutual funds online types of SIP, different types of SIP, types of SIP plans mutual fund, sip, investment, variants, intervals, investors, ITWorthWithCRED"/><meta data-rh="true" name="news_keywords" content="mutual fund, mutual funds, invest, investment, stocks, stock market,types of SIP, SIP types, types of SIPs, mutual fund SIPs types, SIP types, step up SIP, top up SIP, trigger SIP, flexible SIP,perpetual SIP,multi SIP, SIP, start sip online, open sip online, open a demat account, invest in mutual funds online types of SIP, different types of SIP, types of SIP plans mutual fund, sip, investment, variants, intervals, investors, ITWorthWithCRED"/><meta data-rh="true" name="description" content="The last decade or so has seen investments through the SIP route jump to newer all-time highs multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country. 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"url":"https://www.indiatimes.com", "foundingDate":"1999", "sameAs": [ "https://www.facebook.com/indiatimes", "https://twitter.com/indiatimes", "https://www.youtube.com/@indiatimes", "https://www.instagram.com/indiatimes/", "https://in.linkedin.com/company/indiatimes" ], "logo":{ "@type":"ImageObject", "url":"https://im.indiatimes.in/images/indiatimes-600x60.jpg", "width":"600", "height":"60" }, "address": { "@type":"PostalAddress", "streetAddress":"Times Internet Limited, Plot Number 391, Udyog Vihar, Phase-III", "addressLocality":"Gurgaon","addressRegion":"Haryana","postalCode":"122016","addressCountry":"IN" }, "contactPoint": { "@type":"ContactPoint", "telephone":"+91 (0124) 4187000", "email":"grievance.it@timesinternet.in", "contactType":"customer support", "url":"https://www.indiatimes.com/contactus/" } }</script><script data-rh="true" type="application/ld+json">{ "@context": "https://schema.org", "@type": "NewsArticle", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.indiatimes.com/worth/investment/types-of-mutual-fund-sip-621012.html" }, "isPartOf": { "@type": "CreativeWork", "name": "Indiatimes", "url": "https://www.indiatimes.com" }, "inLanguage": "en", "headline": "5 Types Of Mutual Fund SIPs You Probably Didn’t Know About", "description": "The last decade or so has seen investments through the SIP route jump to newer all-time highs multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country.", "keywords": "mutual fund, mutual funds, invest, investment, stocks, stock market,types of SIP, SIP types, types of SIPs, mutual fund SIPs types, SIP types, step up SIP, top up SIP, trigger SIP, flexible SIP,perpetual SIP,multi SIP, SIP, start sip online, open sip online, open a demat account, invest in mutual funds online types of SIP, different types of SIP, types of SIP plans mutual fund, sip, investment, variants, intervals, investors, ITWorthWithCRED", "articleSection": "Mutual Funds", "url": "https://www.indiatimes.com/worth/investment/types-of-mutual-fund-sip-621012.html", "image": ["https://im.indiatimes.in/content/2023/Aug/SIP_64d0d08e485d8.jpg?w=1200&h=900&cc=1&webp=1&q=75"], "datePublished": "2023-11-22T00:30:40+05:30", "dateModified": "2023-11-22T14:04:44+05:30", "articleBody": "The last decade or so has seen investments through the SIP route jump to newer all-time highs multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country.But rarely are investors aware of the non-regular types of mutual fund SIP modes that are available to choose from. Curious to explore? Read on as we unfold five lesser-known SIP routes through which you can invest in mutual funds:5 Lesser-Known Types Of SIPs jupiter1.Step-up/Top-up SIPTop-up SIPs are also known as step-up SIPs. Here, you increase your SIP contribution periodically. For instance, if you are currently doing a SIP of Rs. 10,000 monthly and the yearly top-up rate is 10%, the next year, your SIP amount will be Rs 11,000. So, with step-up SIPs, you can keep increasing your SIP on a yearly basis. The idea of top-up SIPs is that you should increase your SIP amounts in line with your annual increments.A top-up SIP allows you to generate more wealth as compared to regular SIPs for a given period as you incrementally invest more every year.2.Flexible SIPFlexible SIPs give you the flexibility to make changes to your SIP investment. This change can be in terms of the SIP amount or the frequency of SIP. If you want to make changes in your SIP terms, you can intimate that to your fund houses, but remember that this change should be communicated one week prior to the next due date of SIP.A flexible SIP allows you to increase or decrease your SIP contributions on the basis of market conditions. For example, if the markets are high, you can decrease your SIP; conversely, in the case of a falling market, you can increase your SIP. In the same way, if there is a change in your income, then you can increase or decrease SIPs accordingly. shutterstock3.Perpetual SIPPerpetual SIP is the same as regular SIP but does not have a fixed investment tenure. In this type of SIP, you have to keep investing until you request the fund house to stop your SIP. This SIP gives you the advantage of long-term compounding; you do not have to worry about SIP renewals. However, you can redeem your investment anytime, as per ET Money.4.Multi SIPA multi-SIP allows you to invest in multiple schemes of the fund house through a single SIP. For example, if you start a multi-SIP with Rs. 10,000 in four schemes, Rs. 2,500 will be allotted to each of them.Also Read: Benefits Of Investing In Mutual Fund Through SiPs5.Trigger SIP shutterstockAs their name suggests, in the case of trigger SIPs, investments happen only when a specific event occurs in the market. This specific event can be a favourable market movement or a predetermined NAV level. To profit from this type of SIP, you must have an understanding of the market. Thus, this SIP is meant only for experienced investors with the required time and adequate knowledge. If you are a hands-off type of investor, this SIP is not for you.For the latest and most interesting financial news, keep reading Indiatimes Worth. Click here.", "author": { "@type": "Person", "name": "Vanya Gautam", "url": "https://www.indiatimes.com/author/vanya-gautam/5156" }, "publisher": { "@type": "NewsMediaOrganization", "name": "Indiatimes", "url": "https://www.indiatimes.com", "sameAs": [ "https://www.facebook.com/indiatimes", "https://twitter.com/indiatimes", "https://www.youtube.com/@indiatimes", "https://www.instagram.com/indiatimes/", "https://in.linkedin.com/company/indiatimes" ], "logo": { "@type": "ImageObject", "url": "https://im.indiatimes.in/images/indiatimes-600x60.jpg", "width": 600, "height": 60 } }, "associatedMedia": { "@type": "ImageObject", "url": "https://im.indiatimes.in/content/2023/Aug/SIP_64d0d08e485d8.jpg?w=1200&h=900&cc=1&webp=1&q=75", "caption": "", "height": 900, "width": 1200 } }</script><script data-rh="true" type="application/ld+json">{ "@context": "https://schema.org", "@type":"WebPage", "name":"5 Types Of Mutual Fund SIPs You Probably Didn’t Know About", "description":"The last decade or so has seen investments through the SIP route jump to newer all-time highs multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country. 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0 .708.707L9.8 10.239a3.167 3.167 0 0 0 0-4.478L6.354 2.313z" fill="#3356A7"></path></svg></span><a href="https://www.indiatimes.com/worth">Worth</a></div><div class="d-inline-block"><span class="nav-g"><svg width="16" height="16" viewBox="0 0 16 16" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M6.354 2.313a.5.5 0 1 0-.708.707l3.448 3.448a2.167 2.167 0 0 1 0 3.064L5.646 12.98a.5.5 0 1 0 .708.707L9.8 10.239a3.167 3.167 0 0 0 0-4.478L6.354 2.313z" fill="#3356A7"></path></svg></span><a href="https://www.indiatimes.com/worth/investment">Investment</a></div></div></div><div class="article-top article-page"><div class="d-flex align-items-center negative-margin"></div><h1 class="article-title">5 Types Of Mutual Fund SIPs You Probably Didn’t Know About</h1><h2 class="article-summary-text mb-10">The last decade or so has seen investments through the SIP route jump to newer all-time highs multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country. </h2><div class="authors-new d-flex align-center"><a href="https://www.indiatimes.com/author/vanya-gautam/5156" class="authorname">Vanya Gautam</a><span class="authorname font-12">Updated:<!-- --> <!-- -->Nov 22, 2023, 14:04 IST</span><div class="authorname font-12"><svg class="iconclock" width="24" height="24" viewBox="0 0 24 24" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M12 19a7 7 0 1 0 0-14 7 7 0 0 0 0 14zM12.001 12l-2.333 1.556m2.333-5.445V12" stroke="#000" stroke-linecap="round" stroke-linejoin="round"></path></svg> <!-- --> 3 min read <!-- --> </div><div class="new-social d-flex align-center"><span data-position="Top" data-type="Reddit" aria-label="Reddit"><svg height="100" viewBox="0 0 100 100" width="100" xmlns="http://www.w3.org/2000/svg"><path d="M59.919 65.789c-.304 1.285-2.428 1.763-3.448 2.182-1.852.762-3.445 1.311-5.973 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6.214 6.214 0 0 1-5.796-4.311 6.06 6.06 0 0 0 1.167.111c.566 0 1.114-.074 1.635-.217a6.21 6.21 0 0 1-4.979-6.084l.001-.08a6.184 6.184 0 0 0 2.811.777 6.204 6.204 0 0 1-2.761-5.166c0-1.137.306-2.204.84-3.12a17.618 17.618 0 0 0 12.792 6.483 6.206 6.206 0 0 1 6.045-7.619 6.2 6.2 0 0 1 4.529 1.959 12.395 12.395 0 0 0 3.941-1.506 6.223 6.223 0 0 1-2.73 3.433 12.407 12.407 0 0 0 3.565-.977 12.537 12.537 0 0 1-3.096 3.215z"></path></svg></span><span data-position="Top" data-type="Facebook" aria-label="Facebook"><svg width="16" height="17" viewBox="0 0 16 17" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M14.665 8.5A6.67 6.67 0 0 0 8 1.833 6.67 6.67 0 0 0 1.332 8.5a6.673 6.673 0 0 0 5.333 6.533V10.5H5.332v-2h1.333V6.833A2.336 2.336 0 0 1 9 4.5h1.666v2H9.332c-.367 0-.667.3-.667.667V8.5h2v2h-2v4.633a6.666 6.666 0 0 0 6-6.633z" fill="#000"></path></svg></span></div></div></div><div class="mainimg"><div class="article-image"><img src="https://im.indiatimes.in/content/2023/Aug/SIP_64d0d08e485d8.jpg?w=1200&h=900&cc=1&webp=1&q=75" width="1200" height="900" style="height:100%" alt="sip" title="sip" fetchpriority="high"/></div><span class="picCaption">shutterstock</span></div><div class="article-desc-height"><div class="description mb-36"><div class="VDO_ADS_JS"></div><div class="" id="article-description-0"><div><p>The last decade or so has seen<strong> investments through the <a href="https://www.indiatimes.com/worth/mutual-funds/sip-frequency-daily-weekly-monthly-different-returns-611393.html">SIP </a>route</strong> jump to newer<a href="https://www.indiatimes.com/worth/mutual-funds/mutual-fund-sip-all-time-high-september-617542.html"> all-time highs</a> multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country.</p><div class="article_first_ad"></div><p>But rarely are investors aware of the non-regular types of mutual fund SIP modes that are available to choose from. Curious to explore? Read on as we unfold five lesser-known SIP routes through which you can invest in mutual funds:</p><h2><strong>5 Lesser-Known Types Of SIPs</strong></h2><p class="caption-image-wrapper"><img class='inline-photo1' src='https://im.indiatimes.in/content/2023/Oct/big-test-min_6528266ce9a76.jpeg?w=32&h=15&cc=1&q=75' data-original='https://im.indiatimes.in/content/2023/Aug/Daily-Weekly-Or-Monthly-Which-SIP-Frequency-Gives-Maximum-Returns_64d0d2f451347.jpg?w=725&h=338&cc=1&webp=1&q=75' width='725' height='338' style='height:100%' data-width="725" data-height="338" alt="Daily, Weekly Or Monthly-Which SIP Frequency Gives Maximum Returns?" title="Daily, Weekly Or Monthly-Which SIP Frequency Gives Maximum Returns?" data-id="2580255"> <span class="source_link picCaption">jupiter</span></p><h3><span style="font-size: 1.75rem; background-color: transparent;">1.Step-up/Top-up SIP</span><br></h3><p>Top-up SIPs are also known as step-up SIPs. Here, you <strong>increase your SIP contribution periodically.</strong> For instance, if you are currently doing a SIP of Rs. 10,000 monthly and the yearly top-up rate is 10%, the next year, your SIP amount will be Rs 11,000. So, with <a href="https://www.indiatimes.com/worth/mutual-funds/step-up-sip-vs-regular-sip-590856.html">step-up SIPs</a>, you can keep increasing your SIP on a yearly basis. The idea of top-up SIPs is that you should increase your SIP amounts in line with your annual increments.</p><p>A top-up SIP allows you to generate more wealth as compared to regular SIPs for a given period as you incrementally invest more every year.</p><h3>2.Flexible SIP</h3><p>Flexible SIPs <strong>give you the flexibility to make changes to your SIP investment</strong>. This change can be in terms of the SIP amount or the frequency of SIP. If you want to make changes in your SIP terms, you can intimate that to your fund houses, but remember that this change should be communicated one week prior to the next due date of SIP.</p><p><span data-id="166151" class="editor-highlight" id="highlight_166151" data-type="highlight">A flexible SIP allows you to increase or decrease your SIP contributions on the basis of market conditions</span>. For example, if the markets are high, you can decrease your SIP; conversely, in the case of a falling market, you can increase your SIP. In the same way, if there is a change in your income, then you can increase or decrease SIPs accordingly.</p><p class="caption-image-wrapper"><img class='inline-photo1' src='https://im.indiatimes.in/content/2023/Oct/big-test-min_6528266ce9a76.jpeg?w=32&h=15&cc=1&q=75' data-original='https://im.indiatimes.in/content/2023/Feb/Mutual-Fund-SIPs-Investments-Record-New-All-Time-High-Inflow-Of-Rs-13856-Crore-In-January_63e60aac8794f.jpg?w=725&h=339&cc=1&webp=1&q=75' width='725' height='339' style='height:100%' data-width="725" data-height="339" alt="Mutual Fund SIPs Investments Record New All Time High Inflow Of Rs 13,856 Crore In January" title="Mutual Fund SIPs Investments Record New All Time High Inflow Of Rs 13,856 Crore In January" data-id="2441460"> <span class="source_link picCaption">shutterstock</span></p><h3><span>3.Perpetual SIP</span></h3><p>Perpetual SIP is the same as regular <a href="https://www.indiatimes.com/worth/mutual-funds/how-to-become-croreprati-through-mf-sip-investments-601095.html" target="_blank">SIP </a><b>but does not have a fixed investment tenure</b>. <span data-id="166153" class="editor-highlight" id="highlight_166153" data-type="highlight">In this type of SIP, you have to keep investing until you request the fund house to stop your SIP. </span><span>This SIP gives you the advantage of long-term compounding; you do not have to worry about SIP renewals. However, you can redeem your investment anytime, as per ET Money.</span></p><h3>4.Multi SIP</h3><p>A multi-SIP allows you to<b> invest in multiple schemes of the fund house through a single SIP</b>. For example, if you start a multi-SIP with Rs. 10,000 in four schemes, Rs. 2,500 will be allotted to each of them.</p><p><b>Also Read: <a href="https://www.indiatimes.com/worth/mutual-funds/why-mutual-fund-sips-can-be-your-bestfriend-for-equity-investment-577451.html" data-cturl="https://www.google.com/url?client=internal-element-cse&cx=008978729884400751801:-m6r3pghac0&q=https://www.indiatimes.com/worth/mutual-funds/why-mutual-fund-sips-can-be-your-bestfriend-for-equity-investment-577451.html&sa=U&ved=2ahUKEwjajY3p96qCAxWhSGwGHYqIDs0QFnoECAcQAg&usg=AOvVaw1CKUcqtdEcoy38qS6TAdeJ" data-ctorig="https://www.indiatimes.com/worth/mutual-funds/why-mutual-fund-sips-can-be-your-bestfriend-for-equity-investment-577451.html">Benefits Of Investing In Mutual Fund Through SiPs</a></b></p><h3>5.Trigger SIP</h3><p class="caption-image-wrapper"><img class='inline-photo1' src='https://im.indiatimes.in/content/2023/Oct/big-test-min_6528266ce9a76.jpeg?w=32&h=17&cc=1&q=75' data-original='https://im.indiatimes.in/content/2023/Aug/SIP_64d0d09d72dde.jpg?w=725&h=380&cc=1&webp=1&q=75' width='725' height='380' style='height:100%' data-width="725" data-height="380" alt="mutual fund sip" title="mutual fund sip" data-id="2580246"> <span class="source_link picCaption">shutterstock</span></p><p>As their name suggests, in the case of trigger SIPs,<strong> investments happen only when a specific event occurs in the market</strong>. This specific event can be a favourable market movement or a predetermined NAV level. To profit from this type of SIP, you must have an understanding of the market. Thus, this SIP is meant only for experienced investors with the required time and adequate knowledge. If you are a hands-off type of investor, this SIP is not for you.</p><p>For the latest and most interesting financial news, keep reading Indiatimes Worth. 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Curious to explore? Read on as we unfold five lesser-known SIP routes through which you can invest in mutual funds:\u003c/p>\u003ch2>\u003cstrong>5 Lesser-Known Types Of SIPs\u003c/strong>\u003c/h2>\u003cp class=\"caption-image-wrapper\">\u003cimg class='inline-photo1' src='https://im.indiatimes.in/content/2023/Oct/big-test-min_6528266ce9a76.jpeg?w=32&h=15&cc=1&q=75' data-original='https://im.indiatimes.in/content/2023/Aug/Daily-Weekly-Or-Monthly-Which-SIP-Frequency-Gives-Maximum-Returns_64d0d2f451347.jpg?w=725&h=338&cc=1&webp=1&q=75' width='725' height='338' style='height:100%' data-width=\"725\" data-height=\"338\" alt=\"Daily, Weekly Or Monthly-Which SIP Frequency Gives Maximum Returns?\" title=\"Daily, Weekly Or Monthly-Which SIP Frequency Gives Maximum Returns?\" data-id=\"2580255\">\n \u003cspan class=\"source_link picCaption\">jupiter\u003c/span>\u003c/p>\u003ch3>\u003cspan style=\"font-size: 1.75rem; background-color: transparent;\">1.Step-up/Top-up SIP\u003c/span>\u003cbr>\u003c/h3>\u003cp>Top-up SIPs are also known as step-up SIPs. Here, you \u003cstrong>increase your SIP contribution periodically.\u003c/strong> For instance, if you are currently doing a SIP of Rs. 10,000 monthly and the yearly top-up rate is 10%, the next year, your SIP amount will be Rs 11,000. So, with \u003ca href=\"https://www.indiatimes.com/worth/mutual-funds/step-up-sip-vs-regular-sip-590856.html\">step-up SIPs\u003c/a>, you can keep increasing your SIP on a yearly basis. The idea of top-up SIPs is that you should increase your SIP amounts in line with your annual increments.\u003c/p>\u003cp>A top-up SIP allows you to generate more wealth as compared to regular SIPs for a given period as you incrementally invest more every year.\u003c/p>\u003ch3>2.Flexible SIP\u003c/h3>\u003cp>Flexible SIPs \u003cstrong>give you the flexibility to make changes to your SIP investment\u003c/strong>. This change can be in terms of the SIP amount or the frequency of SIP. If you want to make changes in your SIP terms, you can intimate that to your fund houses, but remember that this change should be communicated one week prior to the next due date of SIP.\u003c/p>\u003cp>\u003cspan data-id=\"166151\" class=\"editor-highlight\" id=\"highlight_166151\" data-type=\"highlight\">A flexible SIP allows you to increase or decrease your SIP contributions on the basis of market conditions\u003c/span>. For example, if the markets are high, you can decrease your SIP; conversely, in the case of a falling market, you can increase your SIP. In the same way, if there is a change in your income, then you can increase or decrease SIPs accordingly.\u003c/p>\u003cp class=\"caption-image-wrapper\">\u003cimg class='inline-photo1' src='https://im.indiatimes.in/content/2023/Oct/big-test-min_6528266ce9a76.jpeg?w=32&h=15&cc=1&q=75' data-original='https://im.indiatimes.in/content/2023/Feb/Mutual-Fund-SIPs-Investments-Record-New-All-Time-High-Inflow-Of-Rs-13856-Crore-In-January_63e60aac8794f.jpg?w=725&h=339&cc=1&webp=1&q=75' width='725' height='339' style='height:100%' data-width=\"725\" data-height=\"339\" alt=\"Mutual Fund SIPs Investments Record New All Time High Inflow Of Rs 13,856 Crore In January\" title=\"Mutual Fund SIPs Investments Record New All Time High Inflow Of Rs 13,856 Crore In January\" data-id=\"2441460\">\n \u003cspan class=\"source_link picCaption\">shutterstock\u003c/span>\u003c/p>\u003ch3>\u003cspan>3.Perpetual SIP\u003c/span>\u003c/h3>\u003cp>Perpetual SIP is the same as regular \u003ca href=\"https://www.indiatimes.com/worth/mutual-funds/how-to-become-croreprati-through-mf-sip-investments-601095.html\" target=\"_blank\">SIP \u003c/a>\u003cb>but does not have a fixed investment tenure\u003c/b>. \u003cspan data-id=\"166153\" class=\"editor-highlight\" id=\"highlight_166153\" data-type=\"highlight\">In this type of SIP, you have to keep investing until you request the fund house to stop your SIP. \u003c/span>\u003cspan>This SIP gives you the advantage of long-term compounding; you do not have to worry about SIP renewals. However, you can redeem your investment anytime, as per ET Money.\u003c/span>\u003c/p>\u003ch3>4.Multi SIP\u003c/h3>\u003cp>A multi-SIP allows you to\u003cb> invest in multiple schemes of the fund house through a single SIP\u003c/b>. For example, if you start a multi-SIP with Rs. 10,000 in four schemes, Rs. 2,500 will be allotted to each of them.\u003c/p>\u003cp>\u003cb>Also Read: \u003ca href=\"https://www.indiatimes.com/worth/mutual-funds/why-mutual-fund-sips-can-be-your-bestfriend-for-equity-investment-577451.html\" data-cturl=\"https://www.google.com/url?client=internal-element-cse&cx=008978729884400751801:-m6r3pghac0&q=https://www.indiatimes.com/worth/mutual-funds/why-mutual-fund-sips-can-be-your-bestfriend-for-equity-investment-577451.html&sa=U&ved=2ahUKEwjajY3p96qCAxWhSGwGHYqIDs0QFnoECAcQAg&usg=AOvVaw1CKUcqtdEcoy38qS6TAdeJ\" data-ctorig=\"https://www.indiatimes.com/worth/mutual-funds/why-mutual-fund-sips-can-be-your-bestfriend-for-equity-investment-577451.html\">Benefits Of Investing In Mutual Fund Through SiPs\u003c/a>\u003c/b>\u003c/p>\u003ch3>5.Trigger SIP\u003c/h3>\u003cp class=\"caption-image-wrapper\">\u003cimg class='inline-photo1' src='https://im.indiatimes.in/content/2023/Oct/big-test-min_6528266ce9a76.jpeg?w=32&h=17&cc=1&q=75' data-original='https://im.indiatimes.in/content/2023/Aug/SIP_64d0d09d72dde.jpg?w=725&h=380&cc=1&webp=1&q=75' width='725' height='380' style='height:100%' data-width=\"725\" data-height=\"380\" alt=\"mutual fund sip\" title=\"mutual fund sip\" data-id=\"2580246\">\n \u003cspan class=\"source_link picCaption\">shutterstock\u003c/span>\u003c/p>\u003cp>As their name suggests, in the case of trigger SIPs,\u003cstrong> investments happen only when a specific event occurs in the market\u003c/strong>. This specific event can be a favourable market movement or a predetermined NAV level. To profit from this type of SIP, you must have an understanding of the market. Thus, this SIP is meant only for experienced investors with the required time and adequate knowledge. If you are a hands-off type of investor, this SIP is not for you.\u003c/p>\u003cp>For the latest and most interesting financial news, keep reading Indiatimes Worth. Click here.\u003c/p>","widgets":[]},"seometa":{"title":"5 Types Of Mutual Fund SIPs You Probably Didn’t Know About","description":"The last decade or so has seen investments through the SIP route jump to newer all-time highs multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country.\n\n","keyword":"mutual fund, mutual funds, invest, investment, stocks, stock market,types of SIP, SIP types, types of SIPs, mutual fund SIPs types, SIP types, step up SIP, top up SIP, trigger SIP, flexible SIP,perpetual SIP,multi SIP, SIP, start sip online, open sip online, open a demat account, invest in mutual funds online types of SIP, different types of SIP, types of SIP plans mutual fund, sip, investment, variants, intervals, investors, ITWorthWithCRED","news_keyword":"","social_title":"5 Types Of Mutual Fund SIPs You Probably Didn’t Know About","social_description":"The last decade or so has seen investments through the SIP route jump to newer all-time highs multiple times, which is in itself a testament to how the popularity of mutual funds has been rising in our country.\n","social_media_id":0,"canonical":"/worth/investment/types-of-mutual-fund-sip-621012.html","fb_hashtag":"","social_media_height":"","social_media_width":"","social_media_url":"","content_id":621012,"url":"/worth/investment/types-of-mutual-fund-sip-621012.html","media":{"id":2441462,"media_path":"/content/2023/Feb/mf-sip_63e60ae491618.jpg","media_metadata":{"height":"420","width":"800","size":"42623"},"media_title":"","media_alt":"SIP","media_type":"image","credits":"shutterstock"},"content_locales":[],"is_amp":1,"is_ampstory":0,"time_data":{"publish_date":"Tue, 21 Nov 2023 19:00:40 GMT","modified_date":"Wed, 22 Nov 2023 08:34:44 GMT","publish_date_meta":"2023-11-22T00:30:40+05:30","updated_date_meta":"2023-11-22T14:04:44+05:30"},"locale":{"id":1,"name":"English","locale_label":"en"},"preconnect":[]},"code":{"web_code":"","wap_code":"","both_code":""},"flags":[{"flag":"is_googlenews","value":1},{"flag":"is_featured","value":0},{"flag":"is_instant","value":0},{"flag":"is_instant_status","value":1},{"flag":"is_support_long_format","value":0},{"flag":"is_amp","value":1},{"flag":"is_ad_disabled","value":0},{"flag":"is_keyword_safe","value":0},{"flag":"is_keyword_safe2","value":1},{"flag":"is_ad_campaign_safe","value":0},{"flag":"is_partner","value":0},{"flag":"is_shortcode_enabled","value":0},{"flag":"is_original","value":0},{"flag":"is_discoveries","value":0},{"flag":"is_dfp_disable","value":0},{"flag":"is_uc","value":0},{"flag":"is_app","value":1},{"flag":"is_watermark","value":0},{"flag":"is_ctn_disabled","value":0},{"flag":"is_buynow_botton","value":0},{"flag":"is_external_url","value":0},{"flag":"is_frontlayout","value":0},{"flag":"is_readmore","value":0},{"flag":"is_readmorelogin","value":0},{"flag":"is_webview","value":0},{"flag":"ads_between_content","value":1},{"flag":"pollution_pledge","value":0},{"flag":"noindex","value":0},{"flag":"is_short_video","value":0},{"flag":"is_recommendable","value":1},{"flag":"is_ampstory","value":0},{"flag":"is_amazonstory","value":0},{"flag":"is_gaana","value":0},{"flag":"is_shop","value":0},{"flag":"is_published_once","value":0},{"flag":"is_nativestory","value":0},{"flag":"is_immersive","value":0},{"flag":"is_mediawire","value":0},{"flag":"is_faq","value":0},{"flag":"is_disable_jumplink","value":0}],"highlights":[{"id":166151,"highlight_id":"highlight_166151","title":"A flexible SIP allows you to increase or decrease your SIP contributions on the basis of market conditions"},{"id":166153,"highlight_id":"highlight_166153","title":"In this type of SIP, you have to keep investing until you request the fund house to stop your SIP. 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