SBI’s Amazing SIP: Invest Just Rs 250 Monthly and Get Rs 7 Lakh! Know Full Calculation

Recently, the country’s largest mutual fund house, SBI Mutual Fund, launched a new investment plan called JanNivesh SIP, where you can start investing with just Rs 250. This scheme aims to make mutual funds accessible to the poor and working-class people in India. It offers daily, weekly, and monthly investment options, allowing even those with a small budget to begin investing. By saving just Rs 250 every month regularly under this scheme, you can build a fund of more than Rs 7 lakh over time.

Balanced Risk and Return with Tax Benefits

SBI JanNivesh SIP offers a smart balance between risk and returns by allocating investments between stocks and debt based on market conditions. It also provides tax benefits under certain conditions.

How to Invest in SBI JanNivesh SIP?

You can invest in SBI JanNivesh SIP through the SBI YONO app. Additionally, you can invest using digital fintech platforms like Paytm, Zerodha, and Groww.

Expected Returns from a Rs 250 Monthly SIP

Returns in 10 Years

• If you invest Rs 250 per month for 10 years with a 12% annual return, your total investment will be Rs 30,000.
• The total amount accumulated will be Rs 56,009, including Rs 26,009 as returns.

Returns in 20 Years

• Investing Rs 250 per month for 20 years with a 12% annual return will result in a total investment of Rs 60,000.
• Your accumulated fund will grow to Rs 2.29 lakh, including Rs 1.69 lakh as returns.

Returns in 30 Years

• A Rs 250 monthly SIP for 30 years with a 12% return will make your total investment Rs 90,000.
• The total fund accumulated will be Rs 7.70 lakh, with Rs 6.80 lakh as returns.

Disclaimer

Mutual fund investments are subject to market risks. Before investing, consult a certified investment advisor. TimesBull will not be responsible for any profit or loss.