SEBI (Securities and Exchange Board of India) is rolling out a new plan to make investing more accessible for everyone. By allowing mutual fund investments starting at just ₹250, the initiative aims to include more people, especially those from low-income groups, in the world of systematic saving and investing.
This idea, called sachetization, is like offering small, affordable “packets” of investments. Here’s why it’s a big deal:
- Easier Access: High minimum investments often discourage smaller investors. Lowering it to ₹250 makes it possible for anyone to start.
- Building a Savings Habit: It encourages people to save and invest regularly, helping them grow their wealth over time.
- Affordable Payments: Payments will only be allowed through auto-pay options like NACH (National Automated Clearing House) and UPI (Unified Payment Interface). These methods are cost-effective, simple, and perfect for small, regular contributions.
- Boosting Financial Awareness: More people will get hands-on experience with mutual funds, helping them learn and grow their financial knowledge.
SEBI is asking for feedback on this proposal until 6 February. It’s a great chance to share ideas and help shape the future of investing in India. (Source: mint)
What do you think—will this move make investing easier for everyone? Should SEBI add financial education programs to help people make the most of this opportunity?
This article does not provide investment advice. All investments involve risk, so readers should do their own research before deciding.
