SBI SIP Calculator

The regulatory regime in India provides a strong framework that makes sure SIPs, even from the SBI, operate with utmost transparency while looking after the best interests of investors. The regulatory regime is administered by one of the principal bodies – the Securities and Exchange Board of India (SEBI), which regulates mutual funds and SIPs. SEBI ensures investors of mutual fund companies getting adequate information on their investments and operations being carried out in a transparent manner.

Legal Note: investors must go through the KYC process to start an SIP wherein identity and address proof have to be submitted.

NAV transparency: Net asset value (NAV) of every mutual funds are disclosed on a daily basis, so investor can easily track his/her portfolios.

Mutual fund companies must disclose the risks involved with any investments so that the investor can make an informed decision.

Investor Protection Measures: Protecting the interest of the investors is one of the major task being taken up by SEBI. Various grievance redressal schemes have been announced. Also, Mutual Fund Advisory Committee has been constituted for this purpose.

A couple of recent news reports also indicate that investment in SIP has been on the rise in India, with SBI SIP being a major contributor. As per an Economic Times report, India’s combined mutual fund SIP contributions (Systematic Investment Plan) crossed the Rs10,000-crore mark in March. This is significant considering the trust that investors are putting in SIPs over the traditional modes of investing.

Additionally, SBI Mutual Fund, the asset management arm of SBI, has also done well over years and registered more than 7 million investors. In a recent interview with a state-run newspaper, Vinay Tonse, managing director and chief executive officer of SBI Mutual Fund, said: "No other scheme comes close to the contribution of SIPs to wealth creation and financial planning by SBI Mutual. Our wide reach in core bank branches and banking relationships, as well as digital platforms, have played a crucial role in making it easy for investors to start and manage SIPs."

The SWP Calculator enables one to assess the performance of your investment vis-à-vis your desired tenure so that you can make informed decisions on your exit strategy.