Why your mutual fund SIP’s must keep pace with your salary hikes? There is one aspect of investing that many people miss out on. A recent interaction with a friend highlighted this point. He told me that when he started working several years back, he earned Rs. 30000 a month. he invested Rs. 10000 a month via mutual fund SIPs. That is, he was investing 33% of his income in Mutual Funds. fast forward to the present, he now earns Rs. 3 lakh a month. But he only runs a monthly SIP of Rs. 25000. This translates to only 8% of his income!
