Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch has launched a new Rs 250 Systematic Investment Plan (SIP) today, February 21, 2025. The launch was also formally announced by the Association of Mutual Funds in India (AMFI), following its initial introduction by SBI Mutual Fund and the State Bank of India (SBI) earlier this week.
At the event, SEBI Chairperson Madhabi Buch stated that through sachetisation, investing will become more accessible and available to everyone, everywhere. “Every son and daughter will be able to participate in the industry,” she added.
Addressing concerns about the small SIP scheme, Buch said that the program has been carefully designed to be user-friendly. “They have been designed to be a long time product, and I am sure that is how the industry will adopt it,” said Buch. Recently, SBI Mutual Fund introduced the ‘JanNivesh SIP’ scheme, allowing investments as low as Rs 250. SEBI Chairperson Buch referred to this program as one of her “fondest dreams”.
On January 22, SEBI proposed a plan to encourage distributors to promote low-cost SIPs by offering them a Rs 500 incentive for teaching first-time investors about mutual funds. There were concerns about the economic viability of micro-SIPs due to high operational costs. However, Madhabi Puri clarified that the Rs 250 SIP won’t be mandatory for all investors. SEBI’s goal is to make the product profitable within 2–3 years.
The Rs 250 SIP can be accessed through various platforms, including SBI’s Yono app, Paytm, and several other investment apps.
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