SBI Mutual Fund’s new JanNivesh SIP is making investing more accessible than ever, allowing individuals to start with just Rs 250 per month. The initiative aims to promote financial inclusion and encourage disciplined investing among small savers, first-time investors, and individuals in the unorganized sector. With the flexibility to invest daily, weekly, or monthly and a requirement of at least 60 installments, JanNivesh SIP makes wealth creation easier for those who may have previously hesitated due to high entry costs or perceived risks.
A small yet consistent investment of Rs 250 per month can generate significant long-term returns. Assuming an expected return of 15% per annum, an investor contributing Rs 250 monthly for 30 years could accumulate a corpus of Rs 17.30 lakh. Extending the investment period to 45 years could increase this to Rs 1.63 crore. Even at a lower expected return of 10% per year, the corpus for a 30-year investment would amount to Rs 5.65 lakh, demonstrating the power of compounding and disciplined investing.
JanNivesh SIP is designed to be affordable and sustainable. It offers multiple investment options—daily, weekly, or monthly—making it suitable for investors with different financial commitments. Additionally, the plan is easily accessible through SBI YONO and major fintech platforms like Paytm, Groww, and Zerodha, ensuring seamless digital transactions and portfolio management.
Challa Sreenivasulu Setty, Chairman of the State Bank of India, highlighted that JanNivesh SIP is part of SBI’s efforts to provide innovative investment opportunities while promoting financial inclusion. Nand Kishore, MD & CEO of SBI Mutual Fund, emphasized that by lowering entry barriers and leveraging digital platforms, the initiative aims to attract a broader range of investors, enabling them to take advantage of systematic and disciplined investing.
With JanNivesh SIP, SBI Mutual Fund is democratizing wealth creation, proving that even the smallest investments, when done consistently, can build a strong financial future.
