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Best Mutual Funds for SIP 2023

Updated on January 23, 2023 , 11380 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.

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Top Mutual Funds for SIP Investment FY 23 - 24

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.

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2022 (%)
ICICI Prudential Technology Fund Growth	₹137.37 ↓ -0.97	₹8,794	100	2.8	5	-12.6	30.6	21.4	-23.2
SBI Technology Opportunities Fund Growth	₹144.853 ↓ -0.55	₹2,741	500	6.2	10.4	-1.9	26.7	20.8	-15.5
TATA Digital India Fund Growth	₹32.2986 ↓ -0.26	₹6,464	150	1.9	4.4	-12.4	26.5	20.6	-23.3
Aditya Birla Sun Life Digital India Fund Growth	₹119.51 ↓ -1.25	₹3,244	100	2.2	5.6	-11.1	26.7	20	-21.6
Principal Emerging Bluechip Fund Growth	₹183.316 ↑ 2.03	₹3,124	100	2.9	13.6	38.9	21.9	19.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jan 23

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.

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2022 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Aditya Birla Sun Life Medium Term Plan Growth	₹31.5871 ↓ 0.00	₹1,647	1,000	1.8	3.3	25.1	13.1	24.8	8.03%	2Y 7M 24D	4Y 2M 5D
Sundaram Short Term Debt Fund Growth	₹36.3802 ↑ 0.01	₹362	250	0.8	11.4	12.8	5.3		4.52%	1Y 2M 13D	1Y 7M 3D
Sundaram Low Duration Fund Growth	₹28.8391 ↑ 0.01	₹550	1,000	1	10.2	11.8	5		4.19%	5M 18D	8M 1D
UTI Banking & PSU Debt Fund Growth	₹18.368 ↑ 0.01	₹527	500	2.2	2.9	10.7	7.3	10.3	7.39%	3Y 3M 29D	4Y 1M 13D
UTI Dynamic Bond Fund Growth	₹25.8498 ↑ 0.00	₹364	500	1.5	2.7	10.6	9.7	10.1	7.04%	2Y 4M 24D	4Y 1M 13D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jan 23

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.

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2022 (%)
BOI AXA Mid and Small Cap Equity and Debt Fund Growth	₹22.8 ↓ -0.17	₹392	1,000	1	6.3	-1.8	21.4	8.9	-4.8
ICICI Prudential Multi-Asset Fund Growth	₹480.346 ↓ -1.72	₹15,770	100	4	11.2	13.3	19.5	12.3	16.8
ICICI Prudential Equity and Debt Fund Growth	₹241.6 ↓ -1.04	₹21,282	100	1.5	9	8.9	19.4	12.7	11.7
HDFC Balanced Advantage Fund Growth	₹325.035 ↓ -2.96	₹51,027	300	3.3	10.9	15.1	16.9	10.1	18.8
Sundaram Equity Hybrid Fund Growth	₹135.137 ↑ 0.78	₹1,954	100	0.5	10.5	27.1	16	14.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jan 23

1. 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 12.1% since its launch. Ranked 37 in Sectoral category. Return for 2022 was -23.2% , 2021 was 75.7% and 2020 was 70.6% .

Below is the key information for ICICI Prudential Technology Fund

ICICI Prudential Technology Fund Growth
Launch Date	3 Mar 00
NAV (25 Jan 23)	₹137.37 ↓ -0.97 (-0.70 %)
Net Assets (Cr)	₹8,794 on 31 Dec 22
Category	Equity - Sectoral
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆
Risk	High
Expense Ratio	2.07
Sharpe Ratio	-1.37
Information Ratio	1.06
Alpha Ratio	-7.36
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.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹11,912
31 Dec 19	₹12,191
31 Dec 20	₹20,797
31 Dec 21	₹36,549
31 Dec 22	₹28,061

ICICI Prudential Technology Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 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 25 Jan 23

Duration	Returns
1 Month	4.2%
3 Month	2.8%
6 Month	5%
1 Year	-12.6%
3 Year	30.6%
5 Year	21.4%
10 Year
15 Year
Since launch	12.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	-23.2%
2021	75.7%
2020	70.6%
2019	2.3%
2018	19.1%
2017	19.8%
2016	-4%
2015	3.9%
2014	26.3%
2013	62.6%

Fund Manager information for ICICI Prudential Technology Fund

Name	Since	Tenure
Vaibhav Dusad	2 May 20	2.67 Yr.
Sharmila D’mello	30 Jun 22	0.51 Yr.

Data below for ICICI Prudential Technology Fund as on 31 Dec 22

Equity Sector Allocation

Sector	Value
Technology	80%
Communication Services	13.78%
Industrials	1.98%
Consumer Cyclical	1.46%
Financial Services	0.21%
Energy	0.1%
Consumer Defensive	0.05%

Asset Allocation

Asset Class	Value
Cash	2.41%
Equity	97.59%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 30 Apr 08 \| INFY	34%	₹3,212 Cr	19,645,184 ↑ 1,432,476
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Sep 19 \| TCS	18%	₹1,652 Cr	4,872,492 ↑ 3,710
HCL Technologies Ltd (Technology) Equity, Since 30 Sep 20 \| HCLTECH	10%	₹948 Cr	8,462,176
Bharti Airtel Ltd (Communication Services) Equity, Since 31 May 20 \| BHARTIARTL	8%	₹712 Cr	8,384,200 ↑ 720,201
Wipro Ltd (Technology) Equity, Since 30 Sep 19 \| 507685	5%	₹454 Cr	11,146,084 ↓ -3,478,614
Tech Mahindra Ltd (Technology) Equity, Since 31 Oct 16 \| 532755	3%	₹324 Cr	3,011,906 ↓ -268,878
LTIMindtree Ltd (Technology) Equity, Since 31 Jul 16 \| LTIM	2%	₹194 Cr	401,895 ↑ 61,390
Zee Entertainment Enterprises Ltd (Communication Services) Equity, Since 31 Jan 22 \| ZEEL	2%	₹141 Cr	5,340,571 ↑ 1,735,008
Accenture PLC Class A (Technology) Equity, Since 28 Feb 21 \| ACN	1%	₹102 Cr	43,600
Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services) Equity, Since 31 Oct 21 \| 890157	1%	₹74 Cr	1,590,489

2. Nippon India Small Cap Fund

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Nippon India Small Cap Fund is a Equity - Small Cap fund was launched on 16 Sep 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.6% since its launch. Ranked 6 in Small Cap category. Return for 2022 was 6.5% , 2021 was 74.3% and 2020 was 29.2% .

Below is the key information for Nippon India Small Cap Fund

Nippon India Small Cap Fund Growth
Launch Date	16 Sep 10
NAV (25 Jan 23)	₹91.2028 ↓ -0.87 (-0.95 %)
Net Assets (Cr)	₹23,701 on 31 Dec 22
Category	Equity - Small Cap
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.86
Sharpe Ratio	0.17
Information Ratio	1.43
Alpha Ratio	7.6
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.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹8,331
31 Dec 19	₹8,121
31 Dec 20	₹10,496
31 Dec 21	₹18,298
31 Dec 22	₹19,495

Nippon India Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for Nippon India Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jan 23

Duration	Returns
1 Month	2.9%
3 Month	-1%
6 Month	8.2%
1 Year	6.7%
3 Year	29.9%
5 Year	13.7%
10 Year
15 Year
Since launch	19.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	6.5%
2021	74.3%
2020	29.2%
2019	-2.5%
2018	-16.7%
2017	63%
2016	5.6%
2015	15.1%
2014	97.6%
2013	11.9%

Fund Manager information for Nippon India Small Cap Fund

Name	Since	Tenure
Samir Rachh	2 Jan 17	6 Yr.
Kinjal Desai	25 May 18	4.61 Yr.
Akshay Sharma	1 Dec 22	0.08 Yr.

Data below for Nippon India Small Cap Fund as on 31 Dec 22

Equity Sector Allocation

Sector	Value
Industrials	24.64%
Consumer Cyclical	15.94%
Basic Materials	15.39%
Financial Services	15.32%
Consumer Defensive	8.13%
Technology	7.34%
Health Care	5.17%
Communication Services	1.52%
Energy	0.61%
Real Estate	0.51%
Utility	0.36%

Asset Allocation

Asset Class	Value
Cash	3.39%
Equity	96.61%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical) Equity, Since 30 Apr 18 \| TIINDIA	4%	₹906 Cr	3,267,559
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 22 \| HDFCBANK	2%	₹434 Cr	2,700,000
Bank of Baroda (Financial Services) Equity, Since 31 Mar 21 \| 532134	2%	₹416 Cr	25,045,248
KPIT Technologies Ltd (Technology) Equity, Since 30 Jun 19 \| KPITTECH	2%	₹397 Cr	5,554,917 ↓ -85,000
Tejas Networks Ltd (Technology) Equity, Since 30 Jun 17 \| TEJASNET	2%	₹378 Cr	5,763,697
Fine Organic Industries Ltd Ordinary Shares (Basic Materials) Equity, Since 30 Jun 18 \| FINEORG	2%	₹378 Cr	605,377
Poonawalla Fincorp Ltd (Financial Services) Equity, Since 28 Feb 18 \| POONAWALLA	2%	₹376 Cr	12,095,771 ↓ -1,046,482
Balrampur Chini Mills Ltd (Consumer Defensive) Equity, Since 28 Feb 19 \| BALRAMCHIN	2%	₹357 Cr	9,291,212
Timken India Ltd (Industrials) Equity, Since 28 Feb 18 \| 522113	1%	₹353 Cr	1,067,270
Navin Fluorine International Ltd (Basic Materials) Equity, Since 30 Sep 11 \| NAVINFLUOR	1%	₹342 Cr	787,244

3. PGIM India Midcap Opportunities Fund

The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies. However, there is no assurance that the investment objective of the Scheme will be realized.

PGIM India Midcap Opportunities Fund is a Equity - Mid Cap fund was launched on 2 Dec 13. It is a fund with High risk and has given a CAGR/Annualized return of 17.2% since its launch. Ranked 40 in Mid Cap category. Return for 2022 was -1.7% , 2021 was 63.8% and 2020 was 48.4% .

Below is the key information for PGIM India Midcap Opportunities Fund

PGIM India Midcap Opportunities Fund Growth
Launch Date	2 Dec 13
NAV (25 Jan 23)	₹42.59 ↓ -0.57 (-1.32 %)
Net Assets (Cr)	₹7,558 on 31 Dec 22
Category	Equity - Mid Cap
AMC	Pramerica Asset Managers Private Limited
Rating	☆
Risk	High
Expense Ratio	0
Sharpe Ratio	-0.31
Information Ratio	1.24
Alpha Ratio	-5.7
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹8,390
31 Dec 19	₹8,689
31 Dec 20	₹12,893
31 Dec 21	₹21,116
31 Dec 22	₹20,765

PGIM India Midcap Opportunities Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 Invest Now

Returns for PGIM India Midcap 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 25 Jan 23

Duration	Returns
1 Month	-0.3%
3 Month	-4.3%
6 Month	0.7%
1 Year	-1.4%
3 Year	29.5%
5 Year	15.5%
10 Year
15 Year
Since launch	17.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	-1.7%
2021	63.8%
2020	48.4%
2019	3.6%
2018	-16.1%
2017	37%
2016	-1.3%
2015	7.9%
2014	42.8%
2013

Fund Manager information for PGIM India Midcap Opportunities Fund

Name	Since	Tenure
Aniruddha Naha	1 Jun 21	1.59 Yr.
Puneet Pal	16 Jul 22	0.46 Yr.
Vivek Sharma	1 Jun 21	1.59 Yr.

Data below for PGIM India Midcap Opportunities Fund as on 31 Dec 22

Equity Sector Allocation

Sector	Value
Industrials	23.83%
Financial Services	20.03%
Consumer Cyclical	17.26%
Basic Materials	10.97%
Health Care	6.83%
Consumer Defensive	4.95%
Technology	3.94%
Real Estate	3.25%
Utility	1.33%
Communication Services	1.24%

Asset Allocation

Asset Class	Value
Cash	6.21%
Equity	93.62%
Debt	0.17%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Timken India Ltd (Industrials) Equity, Since 30 Sep 21 \| 522113	4%	₹299 Cr	905,274 ↑ 52,793
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 22 \| HDFCBANK	4%	₹291 Cr	1,808,204 ↑ 750,000
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 22 \| ICICIBANK	4%	₹286 Cr	3,000,000 ↓ -445,500
Cummins India Ltd (Industrials) Equity, Since 31 Dec 20 \| 500480	4%	₹286 Cr	2,022,298 ↑ 150,000
Kajaria Ceramics Ltd (Industrials) Equity, Since 31 Oct 21 \| 500233	3%	₹262 Cr	2,276,766 ↑ 781,000
Bata India Ltd (Consumer Cyclical) Equity, Since 31 Aug 22 \| BATAINDIA	3%	₹246 Cr	1,429,700 ↑ 425,000
Dalmia Bharat Ltd (Basic Materials) Equity, Since 31 Jul 21 \| DALBHARAT	3%	₹227 Cr	1,247,176
Canara Bank (Financial Services) Equity, Since 31 Oct 22 \| 532483	3%	₹221 Cr	7,035,000 ↑ 800,000
Jubilant Foodworks Ltd (Consumer Cyclical) Equity, Since 31 Jul 22 \| JUBLFOOD	3%	₹216 Cr	3,948,000 ↑ 200,000
The Federal Bank Ltd (Financial Services) Equity, Since 30 Jun 20 \| FEDERALBNK	3%	₹209 Cr	15,906,857 ↑ 2,406,857

4. SBI Contra Fund

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

SBI Contra Fund is a Equity - Contra fund was launched on 6 May 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16% since its launch. Ranked 48 in Contra category. Return for 2022 was 12.8% , 2021 was 49.9% and 2020 was 30.6% .

Below is the key information for SBI Contra Fund

SBI Contra Fund Growth
Launch Date	6 May 05
NAV (25 Jan 23)	₹227.641 ↓ -2.56 (-1.11 %)
Net Assets (Cr)	₹7,635 on 31 Dec 22
Category	Equity - Contra
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.19
Sharpe Ratio	0.58
Information Ratio	1.92
Alpha Ratio	7.29
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.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹8,567
31 Dec 19	₹8,478
31 Dec 20	₹11,073
31 Dec 21	₹16,601
31 Dec 22	₹18,719

SBI Contra Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 Invest Now

Returns for SBI Contra Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jan 23

Duration	Returns
1 Month	2.5%
3 Month	1.5%
6 Month	9.9%
1 Year	13.3%
3 Year	28.3%
5 Year	12.7%
10 Year
15 Year
Since launch	16%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	12.8%
2021	49.9%
2020	30.6%
2019	-1%
2018	-14.3%
2017	40.2%
2016	2.4%
2015	-0.1%
2014	47.7%
2013	-1.7%

Fund Manager information for SBI Contra Fund

Name	Since	Tenure
Dinesh Balachandran	7 May 18	4.66 Yr.
Mohit Jain	5 May 18	4.66 Yr.

Data below for SBI Contra Fund as on 31 Dec 22

Equity Sector Allocation

Sector	Value
Financial Services	21.87%
Industrials	12.02%
Basic Materials	8.93%
Utility	7.25%
Technology	6.71%
Health Care	4.99%
Consumer Defensive	4.54%
Consumer Cyclical	3.71%
Communication Services	3.47%
Energy	2.21%
Real Estate	1.83%

Asset Allocation

Asset Class	Value
Cash	22.14%
Equity	77.86%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 28 Feb 17 \| ICICIBANK	3%	₹252 Cr	2,640,345
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 16 \| HDFCBANK	3%	₹232 Cr	1,443,872
Axis Bank Ltd (Financial Services) Equity, Since 31 May 19 \| 532215	3%	₹226 Cr	2,504,255 ↑ 1,115,242
Infosys Ltd (Technology) Equity, Since 28 Feb 19 \| INFY	3%	₹222 Cr	1,355,000
GAIL (India) Ltd (Utilities) Equity, Since 28 Feb 21 \| 532155	3%	₹201 Cr	21,191,302 ↑ 8,780,007
State Bank of India (Financial Services) Equity, Since 31 Dec 10 \| SBIN	2%	₹156 Cr	2,594,269
Equitas Holding Ltd (Financial Services) Equity, Since 31 Jan 21 \| 539844	2%	₹155 Cr	12,980,756 ↑ 1,800,000
91 DTB 19012023 Sovereign Bonds \| -	2%	₹149 Cr	15,000,000
182 DTB 09022023 Sovereign Bonds \| -	2%	₹148 Cr	15,000,000 ↑ 15,000,000
Punjab National Bank (Financial Services) Equity, Since 30 Sep 22 \| 532461	2%	₹138 Cr	26,970,963 ↑ 17,970,963

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 20.1% since its launch. Ranked 42 in Sectoral category. Return for 2022 was -15.5% , 2021 was 66.4% and 2020 was 47.3% .

Below is the key information for SBI Technology Opportunities Fund

SBI Technology Opportunities Fund Growth
Launch Date	9 Jan 13
NAV (25 Jan 23)	₹144.853 ↓ -0.55 (-0.38 %)
Net Assets (Cr)	₹2,741 on 31 Dec 22
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆
Risk	High
Expense Ratio	2.26
Sharpe Ratio	-0.93
Information Ratio	0.78
Alpha Ratio	1.46
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.

Date	Value
31 Dec 17	₹10,000
31 Dec 18	₹11,714
31 Dec 19	₹13,148
31 Dec 20	₹19,371
31 Dec 21	₹32,238
31 Dec 22	₹27,252

SBI Technology Opportunities Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 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 25 Jan 23

Duration	Returns
1 Month	4.8%
3 Month	6.2%
6 Month	10.4%
1 Year	-1.9%
3 Year	26.7%
5 Year	20.8%
10 Year
15 Year
Since launch	20.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	-15.5%
2021	66.4%
2020	47.3%
2019	12.2%
2018	17.1%
2017	13%
2016	-3.3%
2015	2.4%
2014	29.2%
2013

Fund Manager information for SBI Technology Opportunities Fund

Name	Since	Tenure
Saurabh Pant	1 Jan 22	1 Yr.
Mohit Jain	1 Jan 22	1 Yr.

Data below for SBI Technology Opportunities Fund as on 31 Dec 22

Equity Sector Allocation

Sector	Value
Technology	75.23%
Communication Services	20.08%
Consumer Cyclical	0.39%
Health Care	0.21%
Consumer Defensive	0.19%
Industrials	0.14%
Utility	0.04%
Financial Services	0.02%

Asset Allocation

Asset Class	Value
Cash	3.7%
Equity	96.3%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 31 Jan 03 \| INFY	30%	₹850 Cr	5,200,000
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Apr 06 \| TCS	13%	₹373 Cr	1,100,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 May 18 \| BHARTIARTL	10%	₹280 Cr	3,300,000
NVIDIA Corp (Technology) Equity, Since 30 Apr 21 \| NVDA	7%	₹200 Cr	157,000
HCL Technologies Ltd (Technology) Equity, Since 31 Mar 06 \| HCLTECH	7%	₹191 Cr	1,700,000
Netflix Inc (Communication Services) Equity, Since 31 Aug 21 \| NFLX	6%	₹181 Cr	78,955 ↓ -13,045
Microsoft Corp (Technology) Equity, Since 31 Aug 20 \| MSFT	5%	₹127 Cr	65,000 ↓ -27,000
Wipro Ltd (Technology) Equity, Since 30 Apr 21 \| 507685	4%	₹125 Cr	3,080,000
Tech Mahindra Ltd (Technology) Equity, Since 31 May 22 \| 532755	3%	₹89 Cr	830,000
Invesco QQQ Trust - \| QQQ	3%	₹78 Cr	34,000

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.