New Delhi, Oct. 14 -- If your mutual fund investment is in the red, increasing your systematic investment plan (SIP) may seem counterintuitive. However, negative returns alone may not be a sufficient reason to postpone a planned SIP step-up.

A SIP step-up means increasing your regular SIP investment amount at a set interval. For example, if you invest Rs.10,000 every month and increase it by 10% annually, your monthly SIP would rise to Rs.11,000 in the second year.

Here's what investors should consider before deciding whether to proceed with a planned SIP step-up or defer it.

Aditya Agarwal, Co-Founder of Wealthy.in, said, "If the investor can afford it, the step-up should go ahead as planned. A correction does not change the reason it...