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SBI Systematic Investment Plan

SBI SIP or SBI Systematic Investment plan is a great way to invest in Mutual Funds. The SBI SIP plans offered by SBI Mutual Fund let you save a certain amount on a regular basis like weekly/monthly/quarterly.

This encourages regular savings and also give benefits of power of compounding. With a SBI SIP Plan, you can easily stay invested for a longer duration to create wealth. Since, the amount is invested at regular intervals, it also reduces the impact of market volatility.

With SBI SIP investment, investors can also plan their various goals like retirement, marriage, purchase of a house/vehicle or even a higher education, etc. So, start a SIP today in Equity Funds by investing in these top 10 best SBI SIP funds. These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.

How SBI Mutual Fund AMC SIP Works

The Systematic investment plan is quite similar to a bank’s recurring deposit system. So, once you start an SBI SIP, the investment capital mentioned by you is subtracted from your registered bank account on a specified date. After this, the specified amount is invested into an SBI mutual fund scheme that you selected. Kindly note here that though your individual investment amount will remain unchanged, you do have to remember that the NAV of the fund that you have chosen is a variable.

Let’s take an example. Suppose you are investing Rs. 500 per month through a SIP. Let’s assume that your SIP investment NAV of your chosen SBI MF scheme is Rs. 50 and therefore you buy 100 units of the scheme. Assuming that at the moment of your next SIP payment, the NAV has risen to Rs. 60, you can buy 8.33 units of the scheme.

Whereas, when the NAV declines to Rs. 40, you can buy 12.5 units in the same scheme. This simply means that the cost of one scheme unit will change every time you make a new investment in SBI Mutual Fund scheme.

The Need for Systematic Plans

A lot of people give themselves investment targets to gauge the future value of money, present income and potential future income. The various criteria required to arrive at the targeted investment amount may differ from one individual to another depending on their unique needs at present as well as the future.

Now, suppose you arrive at a figure of Rs. 2 crores that you need to save by the time you retire at the age of 60 years. Seems like a large sum, but if you consider that you might have around 30 years or 360 months to reach this target, you will have to save in the ball park of INR 56,000 per month. However, this does not consider any interest or capital gains income that you might receive on your savings. Now consider that you generate 15% annual returns on your monthly savings. In this situation your monthly savings requirement will come down significantly to around INR 30,000 – which is definitely a lot easier to achieve.

Kindly note that the SBI SIP is meant for many life goals retirement planning being one of them. This instrument is quite effective in the planning of your finances on the short run. This makes financial planning for important events like marriages, higher education, down payment etc. achievable through Systematic Investment Plans.

Benefits of Investing in a SBI SIP Mutual Fund Scheme

When you invest in an SBI mutual fund scheme using SIP, you are investing in a high-quality mutual fund scheme.

Tenure Flexibility for Investment

For most mutual fund schemes managed by SBI Mutual Fund AMC, the number of SIP EMI can be as less as 6 months and there is nothing called maximum tenure when availing an SBI SIP. Besides, you can also change the tenure at a later date after the SIP has been started without a hitch.

Flexible Investment Amount

An SBI SIP can be started by an individual investor with an amount as small as INR500 for each instalment. Such high flexibility is one of the main reasons for investments to go up in the Systematic Investment Plan segment.

Rupee Cost Averaging

As mentioned, the price of individual units of the fund and the average NAV are equal as per the dates on which the SBI SIP was invested under the rupee cost averaging. Therefore, an individual investor no longer needs to worry about waiting for an opportune moment to enter the market. Market timing is hard to master and very few have really performed here over an extended time period. The Systematic investment plan from SBI removes the need for such an activity, thus is good for new investors.

Disciplined Investments

One of the key factors that determine future wealth is financial discipline. While it seems easy to guarantee that you save a specified amount at given monthly intervals, few actually manage to do this constantly.

Long term Benefit of Compounding

Though not a fixed rate instrument, mutual fund investments are subject to the general rule – the earlier you invest, the more your wealth grows over time. This is why the SIP calculator is an important tool for calculating the future value of your investments. This is based on compounding system to provide you with approximate returns. Small amounts invested in mutual fund schemes through an SBI SIP bring high profits through compounding.

SBI Mutual Fund Schemes for SIP Investments

SBI Small & Midcap Fund

ObjectiveReturns NAV Latest
The given objective of the fund is to build up long term capital gains for the investor. 11.25% 1st Year - 13.2 3rd Year -22.3 5th Year – N.A AUM - 916.2 Cr as on 31 Jul 2018 224.76

SBI Magnum Multi-Cap Fund

ObjectiveReturnsNAV Latest
Designed for investors who are looking for a balance between high growth potential and the related investment risk.10.7% 1st Year - 9.9% 3rd Year -15.8% 5th Year – 25.2% AUM - 5850.57 Cr as on 31 Jul 2018 48.796

SBI ETF Nifty Next 50 Fund

ObjectiveReturns NAV Latest
Investing this index fund through a SIP can help you make considerable gains in the long term especially during market bull runs.7.7% 1st Year – 10.14% 3rd Year – 17.49% 5th Year – N.A AUM - INR 19 Cr. (As on Jul 31, 2018) 307.167

SBI Magnum Tax Gain Fund

ObjectiveReturns NAV Latest
Designed to supplement a fund that will provide tax exemption benefits under Section 80C along with corresponding capital appreciation of their investment.6.4% 1st Year – 8.5% 3rd Year – 10.9% 5th Year – 20.3% AUM - INR 6426.5 Cr as on 31 Jul 2018 144.571

SBI Magnum Children’s Benefit Plan

ObjectiveReturns NAV Latest
Designed to supplement investors with an opportunity to earn regular income predominantly through investment in debt and money market instruments and capital appreciation through an actively managed equity portfolio.10.85% 1st Year – 9.1% 3rd Year – 15.6% 5th Year -18.6% AUM - INR 60.18 Cr. as on 31 Jul 2018. 55.5464

SBI Contra Fund

ObjectiveReturns NAV Latest
Designed to give investors an opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities following a contrarian investment strategy.6.2% 1st Year – 6.2% 3rd Year – 10.9% 5th Year – 18.8% AUM – INR 1,630 crore as on Jul 31, 2018. 113.377

FAQS on SBI Systematic Investment plan

Which SIP is best?

  • SBI BlueChip Fund-Reg(G) 3 Year: 10.22% 5 Year: 20.79%

  • Franklin India Equity Fund(G) 3 Year: 9.64% 5 year: 21.67%

  • Mirae Asset India Equity Fund-Reg(G) 3 Year: 13.65% 5 Year: 23.78%

  • HDFC Mid-Cap Opportunities Fund(G) 3 Year: 13.49% 5 Year: 29.11%

  • ICICI Pru Bluechip Fund(G) 3 Years: 11.88 % 5 year: 19.13%

What is SBI SIP?

Amongst Mutual Funds, an SBI SIP is the best financial practice that allows you to invest fully in your happiness and life allowing the many pros of SIPs to leave you with nothing to worry.

All you have to do, is choose an amount that you can invest on a regular basis and start your SIP on any day of your liking with just a few clicks. Besides, SIP at SBI is a great opportunity for wealth creation on the long run.

How can you open SBI SIP through online?

State Bank of India has given mutual fund schemes that aim to establish mutual fund, as a good investment option for every kind of investor.

The largest investment firms around State Bank of India have been managing portfolios of 5.4 million plus investors. SBI mutual fund online investment scheme sees objective in developing innovative investment solutions that assist the investors in reaching their financial goals. One can go through the company website to understand the best SBI mutual fund investment plans, latest mutual fund NAVs etc, the SBI MF online Systematic Investment Plan profits details etc.

How do I start SIP with SBI?

  • Go To -

  • Assess your risk profile

  • Set your desired instalment / SIP amount

  • Invest in a suitable scheme

What is SIP account in SBI?

SIP or Systematic Investment plan is a great way to invest in Mutual Funds. The SIP plans offered by SBI Mutual Fund is a great way to save a certain amount on a regular basis like weekly/monthly/quarterly.

This encourages regular savings and also give benefits of power of compounding. With a SIP Plan, you can easily stay invested for a longer duration to create strong wealth. Since, the amount is invested on regular intervals, it also reduces the impact of market volatility.

What is SIP and SWP?

  • Systematic Investment Plan (SIP) The SIP means that you get to invest small amounts of money over a period of time to gather a fund. When you spread your investments out over a time period, they go towards averaging their purchase price.

  • Systematic Withdrawal Plan (SWP) The SWP means that you get to take out a given sum of money from a fund at regular intervals. This is a sound system for retirees, who need a constant flow of income. Systematic withdrawal plans supplement investors with a given level of protection against market volatility.

What is a SWP safety?

A Systematic Withdrawal Plan (SWP) carries the guarantee of a very stable out flow to the investors at pre-decided time intervals. This means that at some point the investments will get completely reimbursed together with the profits.

How do I buy SBI SIP plan online?

Well, you don’t have to deal with papers or exercise your leg. Just relax and use online service to initiate a SIP.

The first thing you need to do before starting a SIP is filling up the know your customer form. KYC is a must to invest in mutual funds. An identity proof, address proof and photograph are required. You should also confirm your physical existence through an In-Person Verification.

How do I contact SBI MF Company?

You can contact SBI MF Company on the following address- SBI Funds Management Pvt Ltd.

9th Floor, Crescenzo, C-38 & 39, G Block,

Bandra-Kurla Complex,

Bandra (East), Mumbai-400051

Phone: +9122 61793000