Sebi proposes launch of Rs 250 Sachet SIPs by mutual funds

Sebi has proposed a small ticket systematic investment plan (SIP) of ₹ 250 to promote financial inclusion and systematic savings among new investors to mutual funds. Each investor can make three discounted SIPs, committing for five years, with no premature withdrawal restrictions. Only growth options are available under certain schemes. Sebi has proposed a small ticket systematic investment plan (SIP) of ₹ 250 to promote financial inclusion and systematic savings among new investors to mutual funds. Each investor can make three discounted SIPs, committing for five years, with no premature withdrawal restrictions. Only growth options are available under certain schemes.  Economic Times