MOHAMMAD ZIYAUDDIN
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Kolkata: SIP (Systematic Investment Plan) + Discipline is the golden rule of wealth creation. The power of compounding over the long term can turn even a small SIP into significant wealth—provided one remains consistent and patient.
This week, SBI Mutual Fund and State Bank of India (SBI) have joined forces to launch JanNivesh SIP, a ₹250 SIP that aims to bring first-time investors from rural, semi-urban, and urban areas into the mutual fund ecosystem.
SEBI chief Madhabi Puri Buch described this initiative as a "long-standing dream" that could revolutionize retail investing in India.
What is JanNivesh SIP & How to Invest?
Minimum SIP Investment: ₹250 per month (equivalent to the price of a movie ticket!)
Investment Frequency Options:
Daily SIP
Weekly SIP
Monthly SIP
Who Should Invest?
- Small savers and first-time investors
- Individuals in rural and semi-urban areas
- Anyone looking for long-term wealth creation with minimal investment
How Much Can You Earn with ₹250 SIP?
A mutual fund SIP calculator shows impressive growth over 30 years, assuming average returns of 12% and 14%:
| Investment | 12% Returns (30 years) | 14% Returns (30 years) |
|---|---|---|
| ₹250 per month | ₹8,82,478 | ₹13,89,264 |
| Total Investment | ₹90,000 | ₹90,000 |
| Wealth Gain | ₹7,92,478 | ₹12,99,264 |
Key Takeaway: With just ₹250 per month, you could build a corpus of nearly ₹9 lakh to ₹14 lakh over three decades!
Equity-oriented mutual funds are expected to generate these returns over the long run.
Why JanNivesh SIP is a Game-Changer?
Expanding India’s Investment Base
- Earlier, the minimum SIP amount was ₹500, restricting participation from low-income groups.
- The ₹250 SIP makes investing affordable for millions of Indians.
Encouraging Financial Discipline
- This initiative promotes savings habits even among those with limited income.
- Over time, small contributions accumulate into significant wealth.
Boost to Mutual Fund Industry
- SIPs have already become the preferred investment option for middle-class Indians.
- With lower entry barriers, more people will enter the stock market indirectly.
The Power of ₹250 SIP
The JanNivesh SIP initiative makes investing more accessible than ever. Whether you are a first-time investor or someone looking to start small, this ₹250 SIP could be the stepping stone to financial independence.
