State Bank of India (SBI) has launched a new mutual fund scheme called "Jan Nivesh" aimed at making investments more accessible to a broader audience. This Systematic Investment Plan (SIP) allows individuals to start investing with just ₹250. The scheme is designed to cater to low-income and middle-class individuals who may have previously found investing difficult.

SBI has assured that no transaction fees will be charged under this scheme. Traditionally, mutual fund investments required a minimum initial investment of ₹500. With this new initiative, SBI hopes to make investment opportunities available to small-scale traders, daily wage earners, and economically weaker sections of society.

By contributing regularly to this SIP, investors can build financial security over time. For example, investing ₹250 every month for 25 years would result in a total contribution of ₹75,000. However, thanks to compounded returns, the final payout could be around ₹4,74,409, with nearly ₹4 lakh earned as interest.