Minimum SIP Investment Slashed To Rs 250: All You Need To Know
SEBI's Bold Move
The market regulator plans to reduce the minimum SIP investment from Rs 500 to an affordable Rs 250.
Credit:
Pinterest
Empowering Small Investors
The reduced limit allows even those with modest means to seamlessly venture into SIP investments.
Credit:
Pinterest
Historic Surge
In November 2023, SIP investments reached a staggering Rs 1.66 lakh crore, showcasing a steady climb.
Credit:
Pinterest
AMFI Insights
November 2022 saw SIP investments at Rs 1.50 lakh crore, marking a significant uptick from previous years.
Credit:
Pinterest
Accessible Investments
The move aims to democratize investing, making the benefits of SIP accessible to a broader audience.
Credit:
Pinterest
Financial Inclusion
Lowering the entry point fosters inclusivity, encouraging individuals of all financial backgrounds to invest.
Credit:
Pinterest
Expert Guidance
While embracing SIP, seek counsel from a financial advisor to make informed and strategic investment decisions.
Credit:
Pinterest
Rising Trends
SIP investments have surged from Rs 97,000 crore in 2020 to Rs 1.66 lakh crore by November 2023.
Credit:
Pinterest
Record-Breaking Figures
November 2021 witnessed SIP investments at Rs 1.14 lakh crore, underlining the growing trend.
Credit:
Pinterest
Investment Landscape
Explore the evolving investment scene as SIP continues to gain popularity and reshape financial futures.
Credit:
Pinterest
View More Web Stories