Winning Bizness Desk

Mumbai SBI Mutual Fund and Paytm have collaborated to launch the JanNivesh scheme, aimed at making investment accessible to the general public. The biggest advantage of this scheme is that even low-income individuals can start investing with just ₹250. Moreover, returns will be provided based on stock market performance, making it an attractive option for small investors.

Apart from this, the JanNivesh scheme offers several other benefits, which we will discuss in detail. Notably, JanNivesh is a type of mutual fund investment. Typically, investing in mutual funds involves transaction fees, but in this scheme, investors do not have to pay any such charges.

What Makes JanNivesh Mutual Fund Special?

The primary highlight of SBI Mutual Fund and Paytm’s new JanNivesh scheme is that it allows investments starting at just ₹250 per month. This initiative has been designed specifically for individuals with low incomes, making it accessible to daily wage earners, street vendors, and even students.

Advantages of Mutual Fund Investments

While banks and post offices offer Recurring Deposit (RD) schemes, they generally provide returns of no more than 9%. However, historical data from the past 20 years suggests that mutual funds have the potential to generate 15 to 20 times higher returns. Due to this, mutual fund investments have recently gained significant popularity among investors seeking higher returns compared to traditional savings methods.

A Long-Term and Profitable Investment

JanNivesh SIP (Systematic Investment Plan) is a low-cost and sustainable investment option that promises long-term benefits. This scheme provides an opportunity for small investors and low-income individuals to systematically save money and achieve their financial goals over time. By investing in this scheme, individuals can gradually build their wealth with minimal financial strain.

How to Invest in JanNivesh?

To start investing in JanNivesh, follow these simple steps:

• Log in to the SBI YONO app or digital investment platforms such as Paytm, Groww, or Zerodha.
• Select the JanNivesh SIP option.
• Choose your preferred investment amount, starting from ₹250 or more.
• Opt for a daily, weekly, or monthly investment plan based on your convenience.
• Start investing and track your SIP growth regularly through the chosen platform.

With its low investment requirement and potential for high returns, the JanNivesh scheme is a great opportunity for first-time investors to enter the world of mutual funds and grow their savings systematically.