SIP of only ₹ 250 also came in the market, this company launched this scheme, know details – India tv hindi

Investors usually invest at least Rs 500 in SIPs. But now SIP of just Rs 250 has also become available in the market. Asset Management Company SBI Mutual Fund on Monday introduced the public plan SIP scheme. Under this, you can invest less than Rs 250 per transaction. According to PTI news, the public investments SIP scheme was launched in the presence of SEBI chairperson Madhabi Puri Buch. The aim of SBI Mutual Fund is to make access to the product democratic.

You will be able to invest in this SIP on these platforms

According to the news, with the aim of deepening mutual access, less SIPs of Rs 250 were considered, which is similar to the idea of ​​sachtization used by consumer goods companies effectively. This latest offer will be available on the SBI Yono app for all its users and on other fintech platforms like Paytm, Jirodha and Grow. It is designed to make small safiders from rural, semi-urban and urban areas and to invest first for the first time investors.

This offer is more than just one plan

SEBI chairperson Madhabi Puri Buch said that describing the launch of SIP of Rs 250 as one of its cute dreams, Buch said that the offer is more than just one scheme. I think we are really talking that as India grows and wealth is created, it is distributed in everyone’s hands, even if it is on a very small scale.

Therefore, for me, this actually means genuine. The SEBI chief said that an attempt has been made to bring the break-even period for about two to three years.

One rupee invested go to creation of money

SEBI chief said that it is great to see that the entire ecosystem has come together. Mutual Fund, RTA (Registrar and Transfer Agent) KRA (KYC Registration Agencies) Depository, all came together in partnership spirit and made the product a break-even between two to three years, so that every mutual fund it has real development See as the opportunity of, not as cost. If this (SIP amount) is more than this, then we knew that no CEO would carry it forward. According to him, the transactions fees were much higher than the small SIP amount, and by removing these fees, we are making sure that every rupee invested by us go into the creation and they have bank transfer related to these micro SIPs SBI’s move to waive the transaction fee called “Ising on cake”.

Shocking for foreign investors

He said that foreign investors of the global platform also find it difficult that a monthly investment of US $ 3 US (Rs 250) may be viable. If we discuss this 250 rupees globally (on a platform where all market regulators come together) or when some foreign investors come to meet us, they are unable to believe it. This is similar to an investment of US $ 3 per month, and you are saying that it is going to be viable. And I said, yes, this is the whole idea.

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