- Paytm’s stock saw a 1% increase after launching a Rs 250 SIP in collaboration with SBI Mutual Fund, aiming to enhance financial inclusion.
- The initiative, named JanNivesh, is part of India’s Viksit Bharat vision, allowing investments with as little as Rs 250.
- This move is expected to expand the mutual fund investor base in India from 100 million to 300-400 million, contributing to the nation’s economic growth.
