Page 15 - Banking Finance April 2025

MUTUAL FUND

SBI Mutual Fund Launches

Rs. 250 Micro-SIP Scheme
'JanNivesh'
SBI Mutual Fund has introduced
'JanNivesh', a micro Systematic Invest-
ment Plan (SIP) that allows investors to Ò»©­
begin investing with as little as Rs. 250
per month. The scheme also offers the
flexibility of daily and weekly SIP op-
tions. Unveiled by SEBI Chairperson
Madhabi Puri Buch, the initiative is
aimed at expanding mutual fund access
to small investors.
SBI Chairman CS Setty stated that Stock Market Is a Compounding and Discounting
JanNivesh would be distributed without Machine: Raamdeo Agarwal
charging any fees. SEBI recently per-
mitted micro SIPs without Know Your Raamdeo Agarwal, Chairman and Co-founder of Motilal Oswal Financial Ser-
vices, described the stock market as a "compounding and discounting ma-
Customer (KYC) requirements on a fully
chine" during a media webinar at the Motilal Oswal Passive Funds Conclave.
digital basis, with an annual invest-
ment cap of Rs. 50,000 per investor to He emphasized the importance of understanding compounding to succeed
in the financial markets.
promote greater retail participation.
Agarwal noted that compounding is the key skill required for wealth cre-
Quant Mutual Fund Laun- ation through stock investments, as it enables investors to continuously as-
sess the expected value of companies over time. Calling compounding "a
ches Arbitrage Scheme for bridge to the future," he urged participants to develop a deep understand-

Low-Risk Investors ing of the concept to fully harness its potential in long-term investing.
Quant Mutual Fund has rolled out the
Quant Arbitrage Fund, an open-ended Angel One Mutual Fund the ETF ensures high liquidity, low
scheme that seeks to capitalize on ar- Unveils Nifty 1D Rate Liq- credit risk, and daily income.
bitrage opportunities in the equity
markets. The New Fund Offer (NFO) is uid ETF Kotak Mutual Fund
open until April 1, with regular trans- Angel One Asset Management Com- Launches 'Choti SIP' for
actions commencing within five busi- pany has launched the Angel One Nifty Small Investors
ness days post-allotment. The fund 1D Rate Liquid ETF - Growth, an open-
aims to generate income and capital ended exchange-traded fund (ETF) de- Kotak Mutual Fund has launched "Choti
appreciation by exploiting pricing dif- signed to mirror the Nifty 1D Rate In- SIP," a facility that allows new inves-
ferentials between cash and deriva- dex. Aimed at risk-averse investors, the tors to start their mutual fund journey
tives markets, as well as within the ETF provides a secure and efficient with a monthly contribution of just Rs.
250. The initiative follows SEBI and
derivative segment. avenue to park idle funds while earn- AMFI's push for greater financial inclu-
Any residual funds will be invested in ing daily compounded returns. sion through Small Ticket SIPs. Nilesh
debt and money market instruments. The scheme invests in Tri-Party Repos Shah, Managing Director of Kotak
The scheme will be benchmarked (TREPS) on government securities and Mutual Fund, said this step aims to in-
against the Nifty 50 Arbitrage TRI and treasury bills with overnight maturity, crease retail participation, as only
managed by Sanjeev Sharma, Sameer thus eliminating Mark-to-Market risk. around 5.4 crore Indians currently in-
Kate, and Yug Tibrewal. Backed by government instruments, vest in mutual funds.

14 | 2025 | APRIL | BANKING FINANCE