Update, 14 October 2026: DBS is refunding the sales charge on recurring 2026 Invest-Saver buys of the STI ETF and the ABF Singapore Bond Index Fund, and FSM (formerly FSMOne) now charges nothing to buy on its monthly ETF plan. DBS's Invest-Saver product page no longer loads, so the five-ETF list below dates from June; check it in digibank before you start. DBS Invest-Saver is a regular savings plan that auto-buys a small basket of SGX-listed ETFs every month from as little as S$100, charging a sales fee of 0.50% on bond ETFs and 0.82% on equity and REIT ETFs, the rates DBS's September 2026 terms give for the ABF and STI funds. It is the simplest way for a DBS or POSB customer to dollar-cost average into the Singapore market without opening a brokerage account. But it is no longer the cheapest RSP in town: FSM starts at S$50 and charges nothing to buy on its ETF plan, and OCBC's plan opens up 21 counters including blue-chip stocks.
Invest-Saver is DBS and POSB's regular savings plan (RSP). You set a fixed monthly sum, the bank deducts it from your account around the middle of each month, and it buys units of a chosen ETF at whatever the price is that day. Over time you accumulate units without watching the market, which is the whole point of a regular savings plan.
Because the amount is fixed and the price moves, you buy more units when the ETF is cheap and fewer when it is expensive. That mechanic is called dollar-cost averaging, and it removes the temptation to time the market. You can model how a monthly contribution grows over a decade or two with our compound interest calculator.
There is a separate product, DBS digiPortfolio, that the bank sometimes files under the same Invest-Saver banner. That is a robo-managed basket with its own management fee, not the DIY ETF RSP described here. We cover it briefly below so you do not confuse the two.
You start from S$100 a month and top up in multiples of S$100. The only fee DBS bills on the plain ETF RSP is the sales charge taken on each monthly buy; each ETF's own expense ratio and the cost of selling come on top. DBS does not levy a separate platform or custody fee on the ETF plan, and dividends are credited straight to your bank account rather than sitting in a brokerage wallet.
As of June 2026, DBS lists five SGX ETFs across equities, bonds and REITs. Note that Nikko Asset Management rebranded to Amova Asset Management on 1 September 2025, so the STI ETF and the corporate bond ETF now carry the Amova name while keeping the same underlying portfolios.
| ETF | Asset class | Sales charge per buy |
|---|---|---|
| Amova Singapore STI ETF (ex-Nikko AM) | Singapore equities | 0.82% |
| ABF Singapore Bond Index Fund | SGD government bonds | 0.50% |
| Amova SGD Investment Grade Corporate Bond ETF | SGD corporate bonds | 0.50% |
| CSOP iEdge S-REIT Leaders Index ETF | Singapore REITs | 0.82% |
| Amova-StraitsTrading Asia ex Japan REIT ETF | Asian REITs | 0.82% |
| NikkoAM-StraitsTrading subset / digiPortfolio* | Robo basket | 0.25-0.75% p.a. mgmt |
Update, 14 October 2026: DBS is refunding the full sales charge on recurring RSP buys of its CIO Insights funds made from 1 January to 31 December 2026, and two Invest-Saver ETFs are on that list: the Amova Singapore STI ETF (0.82% a buy) and the ABF Singapore Bond Index Fund (0.50%). The money comes back as cashback by 31 January 2027. One-off buys do not count, and neither do plans paid from CPF or SRS. The S$125 rebate page this guide described in June is gone. DBS runs Invest-Saver promotions from time to time that rebate the sales charge on RSP buys. From 1 July to 30 September 2026, DBS and POSB customers also got back the full sales charge on recurring top-ups into selected unit trusts, and the full management fee on five digiPortfolios. That window has closed.
These promotions rotate, so the exact dates and caps change. Check DBS's promotions page for a current campaign before you count on a rebate, because the cap and the eligibility rules are set per campaign.
Update, 13 October 2026: FSM (formerly FSMOne) now charges 0% to buy on its ETF plan, not the 0.08% we showed in June, POEMS lists more than 70 counters, and Syfe's and StashAway's fee ranges are wider than we showed. Invest-Saver is convenient if you already bank with DBS or POSB, but it is not the cheapest and its menu is small. The table compares the main RSPs on what matters for a monthly investor: minimum, buy cost, and what you can actually buy. Figures are each provider's published rates as of October 2026, except the DBS row, which repeats DBS's June 2026 pricing because its Invest-Saver product pages no longer load on DBS's website. They move with promotions, so treat them as 'from' figures and confirm before you sign up.
| Provider | Min/month | Buy cost | What you can buy |
|---|---|---|---|
| DBS / POSB Invest-Saver | S$100 | 0.50-0.82% per buy; refunded on 2026 recurring STI and ABF buys | 5 SGX ETFs (STI, bonds, REITs) |
| FSM Global RSP (ex-FSMOne) | S$50 (ETFs) | 0% per buy; S$3.80 flat to sell SGX ETFs | 250+ ETFs on RSP, plus unit trusts |
| OCBC Blue Chip Investment Plan | S$100 | 0.88% (under 30) / 0.30% or S$5 min | 21 SGX counters: blue-chip stocks + ETFs |
| Phillip POEMS Share Builders | S$100 | ~0.30% p.a., capped S$8.88/mth | 70+ counters: stocks, REITs, ETFs |
| Endowus | S$1,000 first investment, then S$100 | 0.25-0.60% p.a. access fee (cash) | Funds incl. institutional share classes |
| Syfe / StashAway (robo) | No minimum | Syfe 0.25-0.65% p.a.; StashAway 0.2-0.8% p.a. + GST | Managed multi-ETF portfolios |
Invest-Saver buys ETFs by default, but several RSPs also let you drip-feed into unit trusts. The trade-off is cost versus management. An ETF passively tracks an index and carries a low expense ratio, often well under 0.50% a year. A unit trust is usually actively managed and charges 1% or more annually, and many platforms add a sales charge on each buy, though some, FSM among them, charge none. We unpack the difference in the ETF vs unit trust comparison.
For a beginner building a Singapore-market core, the STI ETF inside Invest-Saver is a reasonable, low-cost start. If you want global diversification, the bank plans fall short and FSM's wider ETF list or a robo-portfolio covers more markets. New investors should read our broader guide to start investing in Singapore first.
The plain Invest-Saver ETF plan is funded from cash in your DBS or POSB account. If you want to invest your Supplementary Retirement Scheme money for tax relief, that runs through SRS-eligible products rather than the cash ETF RSP, and you can size the relief with our SRS calculator.
The honest summary: Invest-Saver wins on convenience, loses on price. If you would not otherwise open a brokerage account and you only want Singapore exposure, it does the job. If you care about fees or want a wider universe, FSM or a robo-advisor costs less or offers more for the same monthly habit.
DBS's September 2026 terms put the sales charge at 0.50% per buy on the ABF Singapore Bond Index Fund and 0.82% on the Amova Singapore STI ETF, and in June DBS listed 0.50% for its other bond ETF and 0.82% for its two REIT ETFs. Recurring buys of the STI and ABF funds made in 2026 get that charge back as cashback by 31 January 2027. There is no separate platform or custody fee on the ETF plan. You also pay each ETF's own annual expense ratio, which is deducted from fund assets.
You can start from S$100 a month and increase in multiples of S$100. There is no lock-in, so you can pause, adjust, or stop the plan at any time without an exit fee, though selling your units at market still incurs a cost.
Five SGX-listed ETFs as of June 2026: the Amova Singapore STI ETF (formerly Nikko AM), the ABF Singapore Bond Index Fund, the Amova SGD Investment Grade Corporate Bond ETF, the CSOP iEdge S-REIT Leaders Index ETF, and the Amova-StraitsTrading Asia ex Japan REIT ETF.
Update, 13 October 2026: FSM (formerly FSMOne) now charges 0% to buy on monthly ETF plans, not the roughly 0.08% we quoted in June. The answer is still no. For pure ETF buying, FSM is cheaper: it charges nothing to buy on its ETF plan, from S$50 a month, lists more than 250 ETFs for monthly plans, and charges a flat S$3.80 when you sell SGX ETFs from the plan. Invest-Saver wins on convenience for DBS and POSB customers rather than on price, especially for small monthly amounts.
This is general financial information for Singapore, not personal financial advice. Figures change, so verify current rates against the official sources above before acting. See our full disclaimer.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).