SBI Jan Nivesh SIP scheme: You must be wondering how such a huge amount can be raised by investing just Rs 250 every month. So let us tell you that just like a pot fills up drop by drop, your portfolio also fills up. It is important to keep investing continuously.
SBI Jan Nivesh Mutual Fund: Everyone tries to save well for their retirement, so that they do not have to face any kind of financial problem at that stage of age. For this, even a small saving made every month can be enough. State Bank of India (SBI) has started one such SIP scheme. Investment can be started with just Rs 250 in SBI’s Jan Nivesh SIP. This scheme has been designed to encourage first-time investors and people earning less towards investing.
The most important thing in your investment journey is to keep investing continuously. It does not matter whether your investment amount is small or big, as long as you keep investing, your corpus will keep growing and this investment can give you manifold returns in the future. You must be wondering how such a huge amount can be raised by investing just Rs 250 every month. So let us tell you that just like a pot fills up drop by drop, your portfolio also fills up. It is important to keep investing continuously.
Where does SBI Jan Nivesh invest?
Investors can invest in SBI Balanced Advantage Fund under Jan Nivesh Mutual Fund. It is a hybrid dynamic asset allocation plan, which invests in both equity and debt to manage risk with good returns. You can start investing in this fund with a small amount of Rs 250 every month.
Let us tell you that unlike just equity or just debt funds, Balanced Advantage Funds provide more stability during market downturns. If we look at the returns of SBI Balanced Advantage Fund for the past years, its 1 year return has been 8.3% and last 3 years return: 12.2%.
You can create a portfolio of lakhs with a SIP of just Rs 250
If you keep doing SIP of Rs 250 every month under Jan Nivesh in SBI Balanced Advantage Fund, then after 40 years, on the basis of 12% annual return, your fund will become around Rs 29,70,605 lakh. In this way, with a total investment of Rs 1,20,000, you will get a return of about Rs 28,50,605 in 40 years. Note that inflation, increase in prices of common goods has not been included in the calculation. As an investor, you should also consider this while planning your investment, as this will reduce the actual value of your investment in the future.
Know these important things about SBI Balanced Advantage Fund
As on January 31, 2025, the total AUM (Assets Under Management) of SBI Balanced Advantage Fund was Rs 33305.48 crore. The current NAV (Net Asset Value) is Rs 14.40. The major allocations of this scheme include: Financial Services (28.24%), Oil, Gas & Consumable Fuel (11.79%), Sovereign (10.77%), IT (6.97%), and others.
How to invest in SBI’s Jan Nivesh SIP?
Users can open this mutual fund on SBI YONO platform and other fintech platforms like Paytm, Groww and Zerodha.
How to invest in JanNivesh SIP on Paytm?
Follow the steps given below to do SIP in JanNivesh through Paytm.
Step 1: First of all open your Paytm App.
Step 2: After this click on JanNivesh SIP@250 tab.
Step 3: You can choose any option for the amount (daily, weekly and monthly).
Step 4: You have to enter your PAN number, after this KYC and SIP set up have to be completed.
Step 5: After verification, the SIP amount will be automatically deducted from your chosen bank account every month.
Benefits of Jan Nivesh SIP
1. You can start with a small investment (Low-Cost Investment Option)
Jan Nivesh SIP offers flexible SIP options starting from just Rs 250 with daily, weekly and monthly investment plans. In this way, this scheme also gives an opportunity to those people to start their investment journey who cannot invest a large amount every month.
2. Digital Accessibility
This facility is available on SBI YONO platform and other fintech platforms like Paytm, Grow and Zerodha. The advantage of this is that investors can easily access and manage their investments through the digital interface they are more familiar with or find easier to use.
3. Cost-Effective and Sustainable
Jan Nivesh SIP is designed to be cost-effective, ensure sustainable growth and benefit all stakeholders.
Which investors will benefit from Jan Nivesh?
- First-Time Investors: The aim of Jan Nivesh SIP is to attract investors from villages and cities who have never invested before, so that through this scheme they can be given an easy opportunity to enter the world of mutual funds.
- Urban Investors: This scheme aims to target those urban investors who do not have access to financial advisors but who know how to use digital platforms for their financial needs.
- Unorganized Sector Workers: Self-employed and small savers in the unorganized sector can benefit greatly from Jan Nivesh SIP.
