Index Fund Corner
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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
This will allow individuals to invest with as little as ₹250. The initiative aims to promote financial inclusion by simplifying access to mutual funds, Paytm said in a statement.
The initiative aligns with the government’s broader push for financial awareness and participation.
Vijay Shekhar Sharma, Founder & CEO – Paytm said, “The mutual funds market currently has over 100 million investors, and we are expanding this to 300-400 million mutual fund investors. This initiative, with its simple and low-investment amount SIP options, allows millions of Indians to start investing and contribute to the nation’s economic growth.”
How to start JanNivesh ₹250 SIP
Users can start their SIP through the Paytm app by following these steps:
- Open the Paytm app and tap on the JanNivesh SIP option in the ‘Do More with Paytm’ section.
- Select the investment frequency—daily, weekly, or monthly.
- Enter the investment amount, starting from ₹250.
- Provide PAN details when prompted.
- Complete SEBI-mandated KYC by submitting the required documents.
- Review the SIP details and set up UPI Autopay for automatic payments.
- Once the mandate is approved, the SIP will be registered.
