There are four common types of SIPs found in the market:
●    Flexible SIP: This type allows you to modify your SIP investment amount as needed.
●    Step-Up SIP: Also known as a top-up SIP, this lets you increase your SIP investments at regular intervals.
●    Perpetual SIP: With a perpetual SIP, your investment continues indefinitely, without a fixed tenure or end date.
●    Trigger SIP: This type of SIP operates based on specific events you set.