<ul data-eligibleForWebStory="false"><li>A mid-year bonus or salary hike could be a suitable opportunity to boost investments in existing SIPs or start a new one based on financial goals.</li><li>Deciding between topping up existing SIPs and starting a new one depends on goals, portfolio, and risk comfort level.</li><li>Topping up existing SIPs is beneficial for long-term goals without additional paperwork and offers compounding benefits.</li><li>Starting a new SIP may be preferable for new specific goals, better diversification, and more control over duration, amount, or risk level.</li></ul>

⁠Top-Up Vs New SIP: What To Do If You Got A Mid-Year Bonus Or Hike

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