SBI JanNivesh SIP is a mutual fund investment plan which is launched by SBI Mutual Fund in collaboration with the State Bank of India. It is designed to encourage people to start investing with very small amount. Especially, those from small towns and villages.
Benefits of SBI JanNivesh
- This plan makes investing possible for everyone covering every corner in India.
Features of SBI JanNivesh
- You can start investing with as small as Rs 250.
- This plan helps people invest and save for their future while contributing India’s growth.
Who should invest in SBI JanNivesh?
- Fairly new investors can plan to invest in this plan.
- People with less budget but motivated to invest and plan for their future.
- Who have long term investment horizon to build wealth over an extended period.
Where does SBI Mutual fund JanNivesh invest
Investors who are interested can start investing in SBI Balanced Advantage Fund under this plan. It is a hybrid and open-ended dynamic asset allocation fund managed by SBI Mutual Fund.
This fund has provided decent returns since its inception. Please find below more details on returns.
Source: SBIMF
To see the magic of Rs 250 investment for over 40 years please see the image on left. On the right, use our SIP calculator to experiment with different SIP investment amounts.
SIP Calculator
Total Investment: ₹
Wealth Gained: ₹
Total Wealth: ₹