SBI MITRA SIP. A Powerful tool for your Retirement Planning
(A powerful tool for potential wealth creation through SIP + Financial Independence through SWP) SBI Mutual Fund has launched an unique product named SBI MITRA SIP. Earlier this type of scheme was launched by ICICI Prudential Mutual Fund named FREEDOM SIP . This product has the unique feature that will match the clients long term goals like retirement planning. This product enables client to create wealth in long term through Systematic Investment Plan (SIP) and subsequently the accumulated corpus can be withdrawn as monthly pay out through Systematic Withdrawal Plan(SWP). Its a powerful combination of systematic investment approach through SIP and monthly income generation through SWP. What is SBI MITRA SIP? MITRA SIP is a unique tool that is a combination of potential wealth creation and systematically reaping benefit of the same. You have to register for a SIP from a number of source schemes to choose from for 8/10/12/15 years and simultaneous registration of ...