SBI Mutual Fund, the country’s largest mutual fund house, has introduced a new investment plan called JanNivesh SIP.
This scheme allows people to start investing with just Rs 250, making mutual funds more accessible to the working class and lower-income groups.
It offers daily, weekly, and monthly investment options, enabling even small savers to begin their investment journey. By saving just Rs 250 per month, investors can build a fund of over Rs 7 lakh in the long run.
Who Can Invest in SBI JanNivesh SIP?
This scheme is open to everyone, including:
Students
First-time investors
Traders
Small savers
Anyone looking to start investing with a small amount can take advantage of this plan.
Where Does Your Investment Go?
All investments in JanNivesh SIP are directed to the SBI Balanced Advantage Fund, which is an excellent option for new investors. This fund provides balanced growth and stability, making it a smart choice for long-term wealth creation.
How to Invest in SBI JanNivesh SIP?
You can start investing in SBI JanNivesh SIP through:
SBI Yono App
Digital fintech platforms like Paytm, Zerodha, and Groww
Potential Growth of Your Investment
Here’s how much your investment can grow over time with a monthly SIP of Rs 250 at an assumed return of 12% per year:
In 10 Years
Total fund: Rs 56,009
Your investment: Rs 30,000
Returns earned: Rs 26,009
In 20 Years
Total fund: Rs 2.29 lakh
Your investment: Rs 60,000
Returns earned: Rs 1.69 lakh
In 30 Years
Total fund: Rs 7.70 lakh
Your investment: Rs 90,000
Returns earned: Rs 6.80 lakh
This plan makes it easy for anyone to start investing and build wealth over time with minimal effort.
