SBI Shubh Nivesh plan is a systematic investment plan (SIP) offered by State Bank of India (SBI) that allows customers to invest in a mix of equity and debt mutual funds. The investment plan has a tenure of five years and customers can make lump sum investments or opt for the SIP route. The minimum investment amount for lump sum investments is Rs.5,000 and for SIP is Rs.1,000.
The main features of the SBI Shubh Nivesh plan are as follows:
- Customers can choose from a range of equity and debt mutual funds.
- The investment plan has a tenure of five years.
- Customers can make lump sum investments or opt for the SIP route.
- The minimum investment amount for lump sum investments is Rs.5,000 and for SIP is Rs.1,000.