fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
Best Mutual Funds for SIP 2021 | Best Performing SIP Online

Fincash » Mutual Funds » Best Mutual Funds for SIP

Best Mutual Funds for SIP 2021

Updated on January 15, 2021 , 4449 views

SIP or Systematic Investment plan is one of the best ways to invest in Mutual Funds. It is a smart and hassle-free mode of Investing your money in Mutual Fund schemes. Here, you can invest a certain pre-determined amount at a regular interval (monthly/quarterly, etc.). As you can start your SIP investment with just INR 500, it makes the most affordable means of investment. Your money is auto-debited from your Bank account and invested into the scheme, which indirectly creates a habit of savings in the long-run. SIP investments are a great way to plan your Financial goals. You need to set a specific goal and estimate the time and amount required to fulfil it. Below are the best mutual funds for SIP based on the investment tenure and risk appetite. Investors can target their investment goals and achieve them on time by investing in these schemes.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

SIP

Top Mutual Funds for SIP Investment FY 21 - 22

Best Equity SIP Funds— For Long Term Wealth Creation

Equity Funds are expected to deliver high returns in the long-run, but are risky funds. Investors who can invest for more than 5 years are advised to invest in equity funds. One can also plan their long-term financial goals by investing in these funds.

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
Aditya Birla Sun Life Digital India Fund Growth ₹92.09
↓ -1.67
₹735 1,000 23.860.561.12721.259
ICICI Prudential Technology Fund Growth ₹103.96
↓ -2.34
₹938 100 23.370.170.828.920.970.6
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹49.5076
↓ -0.62
₹2,545 500 3.813.939.62520.845.2
SBI Banking & Financial Services Fund Growth ₹21.704
↓ -0.25
₹1,997 500 33.645.37.311.320.64.8
Mirae Asset Tax Saver Fund Growth ₹24.179
↓ -0.22
₹5,044 500 25.840.923.911.420.421.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 21

Best Debt SIP Funds— To Earn Optimal Returns

Debt fund are a good way to secure your money and generate average consistent returns. Investors who are looking for stable returns or those who want to invest for less than three years should consider investing in these funds.

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2020 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
IDFC Government Securities Fund - Investment Plan Growth ₹27.8077
↓ -0.05
₹2,178 1,000 1.11.91411.413.76.02%6Y 3M 25D8Y 5M 5D
Kotak Gilt Investment Fund - Provident Fund & Trust Plan Growth ₹78.34
↓ -0.12
₹890 1,000 2.32.913.510.213.35.99%7Y 29D12Y 3M 4D
Kotak Gilt Investment Fund - Regular Investment Plan Growth ₹76.5741
↓ -0.12
₹890 1,000 2.32.913.510.213.35.99%7Y 29D12Y 3M 4D
ICICI Prudential Constant Maturity Gilt Fund Growth ₹19.0893
↓ -0.04
₹327 1,000 1.12.613.511.813.60%
IDFC Government Securities Fund - Constant Maturity Plan Growth ₹35.8333
↓ -0.09
₹344 1,000 1.2213.312.813.26.01%6Y 5M 26D8Y 10M 2D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 21

Best Balanced Funds— Earn Stable Returns + Create Long Term Wealth

Balanced Fund invest their money both in equity and debt funds. These are less volatile than pure equity Mutual Funds. Balanced funds deliver superior returns over a period of more than three years. Investors who want to invest in equity funds, balanced funds are a great way to start off with.

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
BNP Paribas Substantial Equity Hybrid Fund Growth ₹15.4949
↓ -0.13
₹483 300 19.424.416.211.3 14.9
Canara Robeco Equity Debt Allocation Fund Growth ₹205.62
↓ -1.81
₹3,906 1,000 16.225.320.211.113.819.7
Axis Triple Advantage Fund Growth ₹25.5215
↓ -0.17
₹630 1,000 17.325.117.210.91218
Edelweiss Balanced Advantage Fund Growth ₹31.06
↓ -0.20
₹1,924 500 1623.424.410.911.722.6
Mirae Asset Hybrid Equity Fund Growth ₹18.41
↓ -0.15
₹4,139 1,000 18.626.115.99.51413.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 21

1. TATA Digital India Fund

The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.

TATA Digital India Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a CAGR/Annualized return of 19.8% since its launch.  Return for 2020 was 54.8% , 2019 was 7.5% and 2018 was 24.9% .

Below is the key information for TATA Digital India Fund

TATA Digital India Fund
Growth
Launch Date 28 Dec 15
NAV (15 Jan 21) ₹24.9307 ↓ -0.63   (-2.47 %)
Net Assets (Cr) ₹673 on 30 Nov 20
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 2.05
Sharpe Ratio 1.1
Information Ratio -0.74
Alpha Ratio -4.44
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-3 Months (0.25%),3 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,405
31 Dec 17₹11,251
31 Dec 18₹14,055
31 Dec 19₹15,105
31 Dec 20₹23,386

TATA Digital India Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644
Invest Now

Returns for TATA Digital India Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 21

DurationReturns
1 Month 16.6%
3 Month 21.7%
6 Month 59.6%
1 Year 57.7%
3 Year 29%
5 Year 20.1%
10 Year
15 Year
Since launch 19.8%
Historical performance (Yearly) on absolute basis
YearReturns
2020 54.8%
2019 7.5%
2018 24.9%
2017 19.6%
2016 -6%
2015
2014
2013
2012
2011
Fund Manager information for TATA Digital India Fund
NameSinceTenure
Rahul Singh20 Apr 200.7 Yr.
Meeta Shetty20 Apr 200.7 Yr.

Data below for TATA Digital India Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Technology89.85%
Industrials2.64%
Communication Services2.07%
Asset Allocation
Asset ClassValue
Cash5.44%
Equity94.56%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
28%₹230 Cr1,830,000
↑ 125,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 16 | TCS
11%₹90 Cr314,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH
9%₹75 Cr794,000
↑ 41,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
9%₹71 Cr470,363
↑ 60,000
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | 532755
6%₹51 Cr525,000
Wipro Ltd (Technology)
Equity, Since 31 Jul 18 | 507685
6%₹45 Cr1,176,000
MindTree Ltd (Technology)
Equity, Since 31 Jul 19 | 532819
5%₹41 Cr245,000
Birlasoft Ltd (Technology)
Equity, Since 31 Jul 20 | 532400
4%₹31 Cr1,240,000
KPIT Technologies Ltd (Technology)
Equity, Since 31 Jan 19 | 542651
3%₹24 Cr1,665,000
Tata Elxsi Ltd (Technology)
Equity, Since 31 May 20 | 500408
3%₹23 Cr124,000

2. ICICI Prudential Technology Fund

To generate long-term capital appreciation for you from a portfolio made up predominantly of equity and equity-related securities of technology intensive companies.

ICICI Prudential Technology Fund is a Equity - Sectoral fund was launched on 3 Mar 00. It is a fund with High risk and has given a CAGR/Annualized return of 11.9% since its launch.  Ranked 37 in Sectoral category.  Return for 2020 was 70.6% , 2019 was 2.3% and 2018 was 19.1% .

Below is the key information for ICICI Prudential Technology Fund

ICICI Prudential Technology Fund
Growth
Launch Date 3 Mar 00
NAV (15 Jan 21) ₹103.96 ↓ -2.34   (-2.20 %)
Net Assets (Cr) ₹938 on 30 Nov 20
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.6
Sharpe Ratio 1.35
Information Ratio -0.48
Alpha Ratio 4.59
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,603
31 Dec 17₹11,505
31 Dec 18₹13,704
31 Dec 19₹14,026
31 Dec 20₹23,927

ICICI Prudential Technology Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644
Invest Now

Returns for ICICI Prudential Technology Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 21

DurationReturns
1 Month 12.7%
3 Month 23.3%
6 Month 70.1%
1 Year 70.8%
3 Year 28.9%
5 Year 20.9%
10 Year
15 Year
Since launch 11.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 70.6%
2019 2.3%
2018 19.1%
2017 19.8%
2016 -4%
2015 3.9%
2014 26.3%
2013 62.6%
2012 17.1%
2011 -18.9%
Fund Manager information for ICICI Prudential Technology Fund
NameSinceTenure
Sankaran Naren14 Jul 173.47 Yr.
Priyanka Khandelwal8 Jul 200.48 Yr.
Vaibhav Dusad2 May 200.67 Yr.

Data below for ICICI Prudential Technology Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Technology67.26%
Communication Services16.32%
Industrials9.44%
Consumer Cyclical1.26%
Financial Services0.83%
Consumer Defensive0.74%
Health Care0.53%
Asset Allocation
Asset ClassValue
Cash3.62%
Equity96.38%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
21%₹247 Cr1,966,037
↑ 40,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
8%₹98 Cr1,039,744
↑ 260,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 532755
6%₹73 Cr749,505
↑ 126,374
Persistent Systems Ltd (Technology)
Equity, Since 31 May 20 | PERSISTENT
4%₹48 Cr317,847
↑ 79,802
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
4%₹48 Cr936,840
↓ -50,000
IndiaMART InterMESH Ltd (Communication Services)
Equity, Since 30 Jun 20 | 542726
4%₹43 Cr66,804
↑ 4,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS
3%₹34 Cr120,185
Cyient Ltd (Industrials)
Equity, Since 30 Jun 18 | CYIENT
3%₹34 Cr657,374
↑ 52,966
Coforge Ltd (Technology)
Equity, Since 31 Jul 20 | 532541
3%₹32 Cr118,903
↓ -10,000
Firstsource Solutions Ltd (Technology)
Equity, Since 31 Aug 20 | 532809
3%₹31 Cr3,049,435
↓ -100,000

3. Franklin India Technology Fund

To provide long-term capital appreciation by predominantly investing in equity and equity related securities of technology and technology related companies.

Franklin India Technology Fund is a Equity - Sectoral fund was launched on 22 Aug 98. It is a fund with High risk and has given a CAGR/Annualized return of 19.7% since its launch.  Ranked 41 in Sectoral category.  Return for 2020 was 56.8% , 2019 was 12.4% and 2018 was 11.9% .

Below is the key information for Franklin India Technology Fund

Franklin India Technology Fund
Growth
Launch Date 22 Aug 98
NAV (14 Jan 21) ₹281.347 ↓ -1.06   (-0.37 %)
Net Assets (Cr) ₹418 on 30 Nov 20
Category Equity - Sectoral
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 2.46
Sharpe Ratio 1.34
Information Ratio 0.52
Alpha Ratio 7.26
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,737
31 Dec 17₹11,595
31 Dec 18₹12,978
31 Dec 19₹14,587
31 Dec 20₹22,867

Franklin India Technology Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644
Invest Now

Returns for Franklin India Technology Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 21

DurationReturns
1 Month 13.4%
3 Month 21%
6 Month 55.4%
1 Year 62.7%
3 Year 27.2%
5 Year 20.4%
10 Year
15 Year
Since launch 19.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 56.8%
2019 12.4%
2018 11.9%
2017 19.1%
2016 -2.6%
2015 3.8%
2014 16.8%
2013 53.3%
2012 0.3%
2011 -15.5%
Fund Manager information for Franklin India Technology Fund
NameSinceTenure
Anand Radhakrishnan3 Mar 0713.84 Yr.
Varun Sharma30 Nov 155.09 Yr.
Mayank Bukrediwala24 Aug 200.35 Yr.

Data below for Franklin India Technology Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Technology67.78%
Communication Services17.28%
Consumer Cyclical4.7%
Industrials2.36%
Financial Services0.64%
Real Estate0.24%
Health Care0.11%
Asset Allocation
Asset ClassValue
Cash6.7%
Equity93.14%
Other0.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
25%₹119 Cr945,647
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 04 | TCS
10%₹49 Cr170,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 14 | HCLTECH
9%₹43 Cr450,000
Franklin Technology I Acc USD
Investment Fund | -
8%₹37 Cr91,868
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL
6%₹31 Cr600,000
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jan 17 | NAUKRI
5%₹22 Cr46,300
Tech Mahindra Ltd (Technology)
Equity, Since 28 Feb 14 | 532755
5%₹21 Cr220,000
MakeMyTrip Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | MMYT
3%₹13 Cr60,135
Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 30 Nov 18 | 2330
3%₹12 Cr88,000
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 30 Apr 19 | 540005
2%₹11 Cr31,000

4. Aditya Birla Sun Life Digital India Fund

(Erstwhile Aditya Birla Sun Life New Millennium Fund)

A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend.

Aditya Birla Sun Life Digital India Fund is a Equity - Sectoral fund was launched on 15 Jan 00. It is a fund with High risk and has given a CAGR/Annualized return of 11.2% since its launch.  Ranked 33 in Sectoral category.  Return for 2020 was 59% , 2019 was 9.6% and 2018 was 15.6% .

Below is the key information for Aditya Birla Sun Life Digital India Fund

Aditya Birla Sun Life Digital India Fund
Growth
Launch Date 15 Jan 00
NAV (15 Jan 21) ₹92.09 ↓ -1.67   (-1.78 %)
Net Assets (Cr) ₹735 on 30 Nov 20
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.6
Sharpe Ratio 1.2
Information Ratio 0.46
Alpha Ratio 4.42
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,653
31 Dec 17₹11,810
31 Dec 18₹13,656
31 Dec 19₹14,963
31 Dec 20₹23,795

Aditya Birla Sun Life Digital India Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033
Invest Now

Returns for Aditya Birla Sun Life Digital India Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 21

DurationReturns
1 Month 13.3%
3 Month 23.8%
6 Month 60.5%
1 Year 61.1%
3 Year 27%
5 Year 21.2%
10 Year
15 Year
Since launch 11.2%
Historical performance (Yearly) on absolute basis
YearReturns
2020 59%
2019 9.6%
2018 15.6%
2017 22.4%
2016 -3.5%
2015 11.2%
2014 21.1%
2013 50.2%
2012 3.7%
2011 -21.8%
Fund Manager information for Aditya Birla Sun Life Digital India Fund
NameSinceTenure
Kunal Sangoi15 Jan 146.97 Yr.

Data below for Aditya Birla Sun Life Digital India Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Technology72.92%
Communication Services14.28%
Industrials9.77%
Asset Allocation
Asset ClassValue
Cash3.03%
Equity96.96%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
25%₹217 Cr1,724,259
↑ 64,563
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS
11%₹92 Cr322,076
↑ 41,479
HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH
8%₹67 Cr709,931
↑ 142,924
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 532755
7%₹63 Cr642,992
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
7%₹58 Cr1,146,907
↑ 256,493
Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT
5%₹39 Cr769,609
Just Dial Ltd (Communication Services)
Equity, Since 30 Sep 19 | 535648
4%₹38 Cr603,953
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 18 | 517174
4%₹30 Cr8,159
Apple Inc (Technology)
Equity, Since 30 Nov 18 | AAPL
3%₹24 Cr24,481
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 13 | PERSISTENT
3%₹24 Cr156,326
↑ 5,000

5. SBI Technology Opportunities Fund

(Erstwhile SBI IT Fund)

To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy.

SBI Technology Opportunities Fund is a Equity - Sectoral fund was launched on 9 Jan 13. It is a fund with High risk and has given a CAGR/Annualized return of 20.7% since its launch.  Ranked 42 in Sectoral category.  Return for 2020 was 47.3% , 2019 was 12.2% and 2018 was 17.1% .

Below is the key information for SBI Technology Opportunities Fund

SBI Technology Opportunities Fund
Growth
Launch Date 9 Jan 13
NAV (15 Jan 21) ₹103.862 ↓ -1.70   (-1.61 %)
Net Assets (Cr) ₹367 on 30 Nov 20
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating
Risk High
Expense Ratio 2.62
Sharpe Ratio 1.12
Information Ratio 0.48
Alpha Ratio 1.21
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-15 Days (0.5%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,670
31 Dec 17₹10,928
31 Dec 18₹12,801
31 Dec 19₹14,367
31 Dec 20₹21,168

SBI Technology Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for SBI Technology Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 21

DurationReturns
1 Month 12.2%
3 Month 20.4%
6 Month 47.6%
1 Year 49%
3 Year 25.8%
5 Year 18.4%
10 Year
15 Year
Since launch 20.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 47.3%
2019 12.2%
2018 17.1%
2017 13%
2016 -3.3%
2015 2.4%
2014 29.2%
2013
2012
2011
Fund Manager information for SBI Technology Opportunities Fund
NameSinceTenure
Anup Upadhyay1 Jun 119.59 Yr.

Data below for SBI Technology Opportunities Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Technology74.3%
Communication Services13.79%
Industrials2.9%
Financial Services2.55%
Asset Allocation
Asset ClassValue
Cash6.45%
Equity93.55%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
25%₹105 Cr839,700
↑ 67,400
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 06 | TCS
13%₹55 Cr191,411
↓ -2,353
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH
10%₹42 Cr439,074
↑ 14,300
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
9%₹38 Cr750,830
Tech Mahindra Ltd (Technology)
Equity, Since 31 Aug 15 | 532755
8%₹34 Cr352,935
Firstsource Solutions Ltd (Technology)
Equity, Since 31 Oct 20 | 532809
6%₹26 Cr2,567,000
↑ 640,485
Alphabet Inc A (Communication Services)
Equity, Since 30 Sep 18 | GOOGL
5%₹20 Cr1,615
Cyient Ltd (Industrials)
Equity, Since 30 Apr 20 | CYIENT
3%₹12 Cr241,150
↑ 72,600
Persistent Systems Ltd (Technology)
Equity, Since 31 Aug 20 | PERSISTENT
3%₹12 Cr81,100
Oracle Financial Services Software Ltd (Technology)
Equity, Since 31 Aug 20 | 532466
3%₹12 Cr36,600

Benefits of Investing in SIP

Some of the major advantages of investing in a SIP are as follows:

Rupee Cost Averaging

Most investors are skeptical about the best time to invest in the market. They are worried about the volatile markets. But, rupee cost averaging breaks all the worries. Since you become a regular investor with a SIP, your money fetches more units when the price of shares is low and lesser when the price is high. During the volatile cycle, it may allow you to achieve a lower average cost per unit. Thus, the positives of investing through a SIP becomes quite evident in the times of market fluctuations.

Power of Compounding

SIPs work on Power of Compounding. Investors can put in a small amount of money and can see how the value increase over time. The longer you stay invested, the greater the value of your investment becomes. As, the returns earned at regular intervals are reinvested in the fund, investors get a return on the return. And the same cycle continues for years. To benefit the most out of the power of compounding, investors should start a savings at an early age to make the most out of it.

No Need to Time the Market

With a SIP, investors don’t need to worry about the market timings. SIP helps investors ride the market volatility by averaging out the cost as they invest a fixed sum regularly at various levels.

Easy Way to Achieve Financial Goals

As you become a regular investor via a SIP, you can easily plan your financial goals. For example, if your short-term goal is buying a car in 2 years, then you can invest in debt funds, and if you have set Retirement planning as your long-term goal then, you should invest in equity funds via a SIP. SIPs also create a regular habit of savings over the long-run. Investors who want to avail all the benefits in their investments should take a SIP route in Mutual Funds.

SIP Return Calculator or Mutual Fund Calculator

A sip calculator is the smartest tool to use while investing in Mutual Funds. It helps to determine the expected returns on your SIP investment. You can calculate the amount required for your investment and time period that you need to stay invested to reach the particular financial goal.

When using a SIP calculator, one has to fill certain variables, that includes-

  • Investment amount
  • The desired investment duration
  • Expected Inflation rate (annual) for the years to come
  • Long-term growth rate on investments

Once you feed all the above-mentioned information, the calculator will estimate the amount that you will receive after your investment tenure, along with the net profit that you will earn.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 4.7, based on 7 reviews.
POST A COMMENT