Systematic Investment Plan (SIP) is a popular investment option. More people are investing in mutual funds through SIP every day. SIP is now one of the most common ways to invest because it helps build a large fund from small monthly amounts. SIP usually starts from a minimum of ₹500, and there is no maximum limit. You can also start a SIP in your child’s name, which helps them build wealth early. SBI’s JanNivesh SIP scheme offers this option. You can invest in your child’s name and create a strong financial future for them.

SBI’s JanNivesh SIP is a simple and unique plan. Anyone can start investing for their child with just ₹250 per month. The amount you invest in SBI JanNivesh SIP goes into the SBI Balanced Advantage Fund, which is a hybrid mutual fund. By investing every month, you can build a fund of up to ₹17 lakh over time.

SBI Mutual Fund and State Bank of India (SBI) have launched the JanNivesh SIP scheme together. The aim is to help first-time investors and small savers in rural, semi-urban, and urban areas invest easily in mutual funds through a simple SIP option.

Investment Options

This SIP offers daily, weekly, and monthly investment options. Investors can start with the SBI Balanced Advantage Fund. This fund invests in both equity and debt. The fund manager decides where to invest more money based on market conditions to get better returns.

How ₹250 Can Grow

  • If someone invests ₹250 every month, they can build a fund of up to ₹17 lakh. This SIP can give returns of around 12–16%.
  • If a person deposits ₹250 for 30 years, the total amount becomes ₹17.30 lakh at a 15% return. Here, they invest only ₹90,000, and the rest is earned as returns.
  • If the investment continues for 40 years, the fund can grow up to ₹78 lakh.