5 Best Regular Savings Plans in Singapore 2024: Invest With $100 a Month

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If you promised yourself that you would finally start investing in 2024, good on you. Before you begin this journey, remember that investing is easier than you think. It’s more about time in the market rather than time studying the market. 

Regular Savings Plans are the best way to get time in the market. They are an automated, fuss-free, relatively low-risk way to grow your wealth at a steady pace. You can start with a plan the minute you turn 18, and all you need is S$100.


    1. What is a regular savings plan?
    2. At a glance: 5 best regular savings plans in Singapore
    3. DBS Regular Savings Plan
    4. OCBC Regular Savings Plan
    5. POEMS Regular Savings Plan
    6. FSMOne Regular Savings Plan
    7. Saxo Regular Savings Plan
    8. So, which regular savings plan should you use?
    9. Case study: investing S$100/month with a regular savings plan
    10. What about other banks’ regular savings plans?


What is a regular savings plan?

Regular savings plans require you to deposit a fixed sum of money regularly, usually every month. The plan will invest your cash in blue chip stocks, REITs and/or ETFs.

Such plans use an investment method called dollar-cost averaging to protect the investor from volatility in the stock market. This approach involves investing the same amount of funds in a fixed and regular schedule, regardless of market performance.

Because of the consistent exposure you get to the market, the idea is that you ride out the ups and downs in the long term and benefit from the market’s overall upward trajectory.

A regular savings plan can be a good option for beginner investors or those who do not have the time or patience to monitor the stock market or make predictions on where it’s going to go next.  This is a medium- to long-term investment, so don’t expect to make a quick buck. Over time, you will accumulate a nice nest egg that you can rely on for a comfortable (and hopefully early) retirement.

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5 best regular savings plans in Singapore

We’ll compare the 5 best options in Singapore: DBS Invest-Saver, FSMOne Regular Savings PlanOCBC Blue Chip Investment PlanPOEMS Share Builders Plan, and Saxo Regular Savings Plan.

We picked these 5 regular savings plans because they are offered and managed by reputable banks and brokers we can trust. After all, a regular savings plan is a long-term investment, and we want your money to be in safe hands.

Regular savings plan

Transaction fee


DBS Invest-Saver

0.5% (bond ETFs) / 0.82% (equity and REIT ETFs)

5 ETFs

OCBC Blue Chip Investment Plan

0.88% if you’re below age 30. Otherwise, 0.3% or $5 per counter, whichever is higher

21 ETFs & stocks

POEMS Share Builders Plan

0.3% (min. S$1 per month, capped at S$5.88/month or S$8.88/month)

56 ETFs & stocks

FSMOne Regular Savings Plan

0.08% (min. 1 SGD, 5 HKD or 1 USD, whichever is higher)

155 ETFs worldwide

Saxo Regular Savings Plan

0.75% p.a. service fee (charged quarterly on a pro-rata basis)

4 managed ETF portfolios

Another common factor you’ll find with these 5 regular savings plans is that they all offer ETFs (exchange traded funds), as opposed to other regular savings plans that only offer unit trusts.

When investing in an ETF, you invest in a basket of stocks that track the market. ETFs are passively managed, so they are significantly cheaper than unit trusts. With unit trusts, fund managers pick stocks for you, so the fees are much higher—but there’s no guarantee of better performance.

Let’s take a closer look at each regular savings plan.

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1. DBS Regular Savings Plan

The DBS Invest-Saver plan lets you invest in ETFs and unit trusts for a minimum of S$100 a month. It’s convenient as all your dividends can be credited directly into your existing DBS/POSB account, so there’s no need to set up a new account. You can sign up for DBS Invest-Saver once you turn 18.

The plan offers 5 ETFs for you to choose from:

    • Nikko AM Singapore STI ETF (tracks Singapore equities)
    • ABF Singapore Bond Index Fund (tracks SGD bonds)
    • Nikko AM SGD Investment Grade Corporate Bond ETF (tracks SGD corporate bonds)
    • Nikko AM-StraitsTrading Asia ex Japan REIT ETF (tracks Asian REITs)
    • CSOP iEdge S-REIT Leaders ETF

One important factor to compare when choosing such plans is the transaction fees or monthly sales charge, which will eat into your earnings. DBS Invest-Saver charges 0.50% per transaction for its bond ETFs and 0.82% per transaction for its equity and REIT ETFs. If you’re investing S$100 per month, that means you will pay up to S$0.82 a month or S$9.84 a year in transaction fees.

DBS has also introduced another option for those who want even more hand-holding: digiPortfolio. Powered by human expertise and robo-technology, digiPortfolio offers you 4 ready-made portfolios that cater to your investment goals:

1. SaveUp Portfolio: For conservative investors

  • Portfolio of 3 – 6 unit trusts, primarily in fixed income instruments
  • 0.25% p.a. flat management fee
  • Min investment: S$100

2. Income Portfolio: For investors looking to generate income

  • Portfolio of Equity and bond unit trusts
  • Aims to generate a stable payout of 4% p.a. (payable quarterly)
  • 0.75% p.a. flat management fee
  • Min investment: S$1,000

3. Asia Portfolio: For investors who have a home bias

  • Portfolio of SG-listed ETFs investing across Asia with a Singapore focus
  • 0.75% p.a. flat management fee
  • Min investment: S$1,000

4. Global Portfolio: For investors who prioritise diversification

  • Portfolio of UK-listed ETFs investing globally
  • 0.75% p.a. flat management fee
  • Min investment: S$1,000

With digiPortfolio, you simply need to select 1 out of the 4 plans, and you’re all set. If you’re keen to start investing, DBS has a limited-time promotion you can take advantage of. Set up your DBS Invest-Saver plan from now to 31 Mar 2024 to get a full rebate of up to S$125 on your sales charge.

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2. OCBC Regular Savings Plan

Another convenient option if you prefer to stay within your bank’s ecosystem is the OCBC Blue Chip Investment Plan. You can sign up for an account once you turn 18 or open a joint account with your parent or guardian if you’re under 18.

This regular savings plan allows you to put aside as little as S$100 a month and build a portfolio of Blue Chip stocks and ETFs. You can then sit back and collect dividends (if any) directly in your OCBC account.

OCBC Blue Chip Investment Plan lets you invest in companies on the Straits Times Index (STI), such as DBS, OCBC, Singtel and Starhub, as well as the following ETFs:

  • Lion-OCBC Securities Hang Seng Tech ETF
  • Lion-OCBC Securities Singapore Low Carbon ETF
  • Lion-OCBC Securities China Leaders ETF
  • Lion-Phillip S-REIT ETF
  • Nikko AM SGD Investment Grade Corporate Bond ETF
  • Nikko AM Singapore STI ETF
  • NikkoAM-ICBCSG China Bond ETF

If you’ve been keeping up with the Singapore Green Plan 2030, you’d know that sustainability is high on the government’s agenda. With that in mind, investing in Lion-OCBC Securities Singapore Low Carbon ETF might prove to be a wise move.

Customers below the age of 30 with an investment amount of up to S$500 per counter get preferential fees, which start at 0.88% per transaction for those investing S$100 per month. That works out to S$0.88 for each S$100 instalment or S$10.56 a year.

Otherwise, you pay a fee of 0.3% or $5 per counter, whichever is higher. Because of the minimum fee, if you’re over 30 it’s more worth it to invest higher amounts per month.

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3. POEMS Regular Savings Plan

POEMS has a few savings plans available, but we’ll focus on the Share Builders Plan, which lets you invest for as little as S$100 per month, making your payments automatically through GIRO. It’s open to those above 18 years old and also allows for joint account applications.

POEMS Share Builders Plan lets you invest in more than 50 ETFs and stocks. Stock selections include DBS, OCBC, Genting Singapore, Keppel Corporation, and Sembcorp Industries.

The range of ETFs is also wider than DBS and OCBC, with a total of 13 to choose from. If you want real estate exposure, you can opt for REITs like Frasers Centrepoint Trust and MapleTree Pan Asia Commercial Trust.

Unlike the savings plans offered by DBS and OCBC, which let you receive your proceeds in your regular bank account, you will need to open a separate Philip Investment Account.

One nifty feature is that the plan gives you the option to reinvest your dividends, which is great for younger investors who don’t need the income.

In terms of handling fees, the POEMS Share Builders Plan will charge you 0.3% per annum of your Total Portfolio Value (TPV). The minimum monthly charge is S$1, while the maximum is S$8.88/month if your TPV is under S$40,000 and S$5.88/month if your TPV is S$40,000 or more.

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4. FSMOne Regular Savings Plan

Fundsupermarket or FSMOne offers a Regular Savings Plan that features 155 ETFs on SGX, HKEX and US markets—making it the widest global ETF selection offered by a plan on this list.

These include even more niche ETFs like the Premia Dow Jones Em ASEAN Titans 100 ETF (tracks emerging Southeast Asian markets) and ARK Next Generation Internet ETF (tracks digital and tech companies). However, the selection can be overwhelming for beginners.

If you are investment-savvy but on a tight budget, FSMOne’s ETF regular savings plan will suit you, as their minimum monthly investment amount is as little as S$50.

Their buying fee is 0.08%, or a minimum of 1 SGD, 5 HKD or 1 USD, whichever is higher.

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5. Saxo Regular Savings Plan

This regular savings plan from Saxo Markets lets you pick from 1 of 4 professionally managed ETF portfolios from BlackRock and Lion Global.

  • Defensive—a low-risk portfolio focusing mainly on bonds, managed by BlackRock.
  • Moderatemedium-risk, a blend of stocks, bonds, and alternatives, which balances growth potential vs not losing money. Also managed by BlackRock.
  • Aggressive—high-risk, focusing mainly on stocks. Managed by BlackRock.
  • Dynamic Growth: Asian Perspective—high-risk, focusing on Asia & emerging markets. Managed by Lion Global.

Similar to digiPortfolio by DBS and other robo advisors, Saxo’s RSP lets you invest in ready-made portfolios rather than make you figure out which ETFs and stocks to pick.

You need a minimum deposit of $$2,000 to start investing. After that, contribute regularly to your investments on a weekly/monthly basis, with each minimum contribution being $$100.

They charge a 0.75% service fee (charged quarterly on a pro-rata basis), which works out to$$0.75 per month if you’re investing $$100 monthly or $$9 a year.

Saxo logo

Key Features

  • Combining BlackRock’s asset management expertise with Saxo’s world-class technology and broad access to global capital markets, investors can now enjoy affordable, skillfully-curated investment portfolios with comprehensive exposure

  • No minimum investment period

  • No platform and custody fees

  • No entry and exit fees. You can exit anytime at no additional cost

  • Minimum investment is S$2,000. You can make recurrent regular monthly contributions as low as S$100 via GIRO, FAST, TT, or MEPS. You can cancel and restart your recurring payments anytime at no charge

  • 3 Portfolios available for you to choose from depending on your risk appetite: Defensive for a low risk portfolio, Moderate for a medium risk portfolio, or Aggressive for a high risk portfolio

  • Invest in either ETFs in the 3 BlackRock portfolios, including a mix of bonds, stocks, and alternatives built with BlackRock’s range of iShares ETFs, or in a range of best-in-class mutual funds and low-cost ETFs in Lion Global’s portfolio.

  • Investment strategy: Dollar-cost averaging (DCA) buys more holdings when the markets are down, reduces the impact of short-term volatility.

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