Most investors start SIPs and then forget about them. While this helps create wealth, experts say your investments should not remain static. You should increase the SIP amount every year, in line with the increase in your income and investible surplus.Even a 5% increase in the SIP amount can yield a substantially higher corpus. Increase the amount by 10% and your corpus will be 45% bigger after 10 years. In case you are nearing your goal, you may need to shift your money out of volatile assets such as equities and put it into the safety of a debt fund.Regular reviews also tell you whether you are on course.

Source: Economic Times January 23, 2017 04:16 UTC