SBI SIP: Now start SIP with just Rs 250, SBI Mutual Fund launches new scheme
SBI Mutual Fund has launched a new scheme for investors, in which you can start SIP (Systematic Investment Plan) from just ₹ 250 per month. This scheme is a great opportunity for small investors who want to start investing regularly with a small amount. Through SIP, you can get good returns in the long run.
Key features of SBI SIP:
Minimum investment: ₹ 250 per month
Investment period: Flexible (you can invest from 6 months to several years)
Returns: Based on market performance (past SIP investments have given an average return of 10-15%)
Fund option: Option to invest in equity, debt, hybrid and index funds
What is SIP?
SIP (Systematic Investment Plan) is a regular investment plan in which you invest a fixed amount in mutual funds every month. It is a smart way to build wealth in the long run.
Benefits of SBI SIP:
Low investment: You can start with ₹250 per month.
Flexibility: You can change the amount and duration of your investment as per your convenience.
Power of compounding: You get the benefit of compounding if you invest for a long time.
Diversification: Reduce risk by investing in different funds.
How to start SBI SIP?
Online application: Visit SBI Mutual Fund website (www.sbimf.com).
Complete KYC: If your KYC is not done already, complete it.
Choose SIP: Select the fund of your choice and the SIP duration.
Bank mandate: Set up auto-debit facility from your bank account.
Start investing: Start SIP and invest regularly.
Example:
If you start a SIP of ₹250 per month and assume an average return of 10%, your investment after 10 years could be around ₹52,000. That’s the magic of compounding!
Advice for investors:
Invest for the long term so that you can take full advantage of compounding.
Select funds as per your financial goals.
Review your investments regularly.
For more information, visit the official website of SBI Mutual Fund and learn about SIP in detail. This is a great opportunity for small investors!