To encourage small-time investors in the country, SBI Mutual Funds in collaboration with the State Bank Of India, launched JanNivesh SIP. The initiative aims to provide mutual fund opportunities to the people. The SIP is designed to bring small-time investors from rural and urban areas to affordable financial inclusion.
Madhabi Puri Buch, Chairperson of Sebi, and Challa Sreenivasulu Setty, Chairman of State Bank of India were present on the occasion.
Here Are The Key Benefits of JanNivesh-
Budget-friendly investment opportunity- JanNivesh provides flexible investment options for an individual who can start investing money on a daily, weekly, or monthly basis. Without any pressure, the person can plan investments accordingly.
Online accessibility-
JanNivesh’s SIP facility is available online. An investor can log on to the SBI Yono platform or other platforms like Paytm, Zerodha, and Groww interfaces. Investors can easily manage their investments through these platforms.
Low-cost and sustainable- The SIP is designed to cater to small investors with low-cost budgets while offering maximum benefits.
SBI Chairman, Challa Sreenivasulu Setty, said the country’s largest bank is focused on products and technology which will be seamless. He said SBI aims to offer investment opportunities to people through JanNivesh SIP.
