SBI Mutual Fund, India’s largest mutual fund house, has launched a new investment plan called JanNivesh SIP.
This scheme makes investing easy and affordable, allowing people to start with as little as Rs 250. It is designed to help the working class
and lower-income groups invest in mutual funds with flexible options like daily, weekly, and monthly contributions.
With just Rs 250 per month, investors can build a wealth of over Rs 7 lakh in the long run.
Who Can Invest in JanNivesh SIP?
This plan 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 opportunity.
Where Does Your Money Get Invested?
All investments made in JanNivesh SIP go into the SBI Balanced Advantage Fund.
This fund is a great option for beginners as it provides balanced growth and stability, making it ideal for long-term wealth creation.
How to Start Investing in SBI JanNivesh SIP?
You can start investing in SBI JanNivesh SIP through:
SBI Yono App
Digital fintech platforms like Paytm, Zerodha, and Groww
How Much Can Your Investment Grow?
Here’s how your investment can grow over time if you invest Rs 250 per month with an assumed annual return of 12%:
After 10 Years
Total fund: Rs 56,009
Your investment: Rs 30,000
Returns earned: Rs 26,009
After 20 Years
Total fund: Rs 2.29 lakh
Your investment: Rs 60,000
Returns earned: Rs 1.69 lakh
After 30 Years
Total fund: Rs 7.70 lakh
Your investment: Rs 90,000
Returns earned: Rs 6.80 lakh