SBI 250 SIP: SBI Mutual Fund launched by SIP with Rs.250 .. How much return in 25 years?

SBI has launched mutual fund mass investment SIP (SIP) scheme. Investors can invest up to Rs 250 per transaction under mass investment SIP scheme. The scheme was launched in the presence of Madbi Puri Buch, president of the Securities and Exchange Board of India (SEBI). Currently it is only available for SBI Balanced Advantage Fund. This feature will also be available in other digital platforms such as SBI Yono and Paytm, Grove and Zeerodha.

Rs.250 SIP

Investors usually raise Rs 500 in SIPS. However, SBI Mutual Fund MD and CEO Nandkishore said that for the first time, SBI SIP with investors, small savings and unorganized sectors started from Rs 250. SEBI president Madabi Puri Buch said that Rs 250 was one of his dreams.

Vijay Shekhar Sharma of Paytm said that since the incident was opened, we had seen more than 550 registrations on his platform.

Sips available to all

The goal of SIP is to provide an investment to every person. Other mutual fund companies are also likely to launch equal investment options. Many people are interested in investing in low amounts. This is a plan designed for all. In addition to the country’s road vendors and working classes, action will be used to add mutual funds.

25 -year -year how up?

For example, if you want to invest in your home, you will see how this SIP will return if you want to invest in them. 250 should be invested in SIP for 250 years. Let us estimate an average of 12 percent returns. Your investment will be Rs 75,000 during the entire period. 4,74,409 will be obtained.