MITRA SIP
Potential Wealth Creation (through SIP) + Financial independence (through SWP)
What is MITRA SIP?
MITRA SIP IS A POTENT TOOL THAT IS A COMBINATION OF POTENTIAL WEALTH CREATION &
SYSTEMATICALLY REAPING BENEFITS OF THE SAME
Simultaneous
Register for SIP registration of SWP in
in select the source/target
SBI MF schemes SYSTEMATIC SYSTEMATIC schemes to be
for 8/10/12/ 15 INVESTMENT WITHDRAWAL triggered post the end
years PLAN PLAN of SIP period
• Systematic Investment Plan (SIP) is a highly efficient tool for disciplined investment for
attaining rupee cost averaging.
• Similarly, Systematic Withdrawal Plan (SWP) is a tool for that can be used for setting up
systematic cashflows through automated withdrawals.
• MITRA SIP is a tool that combines these two powerful tools and lets investors create a
comprehensive financial solution that can be used effectively to plan for investors future goals.
For more details, please read Scheme Information Document & general terms & guidelines of the Application form carefully.
How does MITRA SIP work?
STEP 1 Choose Your Monthly SIP Amount into growth option of Source Scheme
(subject to minimum SIP application amount of source scheme)
Monthly SIP
Rs. 10,000 Rs. 10,000 Rs. 10,000 Rs. 10,000 Rs. 10,000 Rs. 10,000 Rs. 10,000
for illustration
Choose Your SIP Tenure in Source Scheme
STEP 2
8 10 12 15 20 25 30
years years years years years years years
STEP 3
Monthly SWP
1.0 X 1.5 X 2.0 X 3.0 X 5.0 X 8.0 X 12.0 X up to
Rs. 10,000 Rs. 15,000 Rs. 20,000 Rs. 30,000 Rs. 50,000 Rs. 80,000 Rs. 1,20,000
Maximum Monthly SWP from Target Scheme as multiples of SIP installment
MITRA SIP is an optional facility offered by SBI Mutual Fund. This feature does not in any way give assurance of the performance of any of the Schemes of SBI Mutual
Fund or provide any guarantee of withdrawals through SWP mode. MITRA SIP allows investors to switch the SIP investments to a target scheme, post completion of
the SIP tenure & monthly SWP will continue from the target scheme. The investor may select any other SWP Amount but is restricted to the multiples mentioned above
and will be based on the initial SIP installment. For more details, please read Scheme Information Document and terms & guidelines of the Application Form carefully.
Benefits of MITRA SIP
• Helps Build long term wealth for Financial Independence
• Inculcates habit of systematic investments through SIP + seeks to reap benefits from regular cash
flows through SWP
• One-stop solution for goal-based investing
• Offers wide alternatives of Source & Target schemes to choose based on one’s risk appetite &
requirement
• Eliminates excess unwanted withdrawal due to predefined Monthly SWP limit as a multiple of SIP
installment
DISCLAIMER
This leaflet is for information purposes only and the views expressed herein are based on internal data. Any calculations made are approximations meant
as guidelines only, which need to be confirmed before relying on them. These views alone are not sufficient and should not be used for the development or
implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions and estimates included here constitute
our view as of this date and are subject to change without notice. Neither SBI Funds Management Limited, SBI Mutual Fund nor any person connected with
it, accepts any liability arising from the use of this information. The recipient of this material should rely on their investigations and take their own professional
advice from an investment/tax adviser before investing.
Mutual Fund investments are subject to market risks,
read all scheme related documents carefully.
