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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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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
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
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
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 Below is the key information for ICICI Prudential Technology Fund Returns up to 1 year are on 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 Below is the key information for Nippon India Small Cap Fund Returns up to 1 year are on 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 Below is the key information for PGIM India Midcap Opportunities Fund Returns up to 1 year are on 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 Below is the key information for SBI Contra Fund Returns up to 1 year are on (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 Below is the key information for SBI Technology Opportunities Fund Returns up to 1 year are on 1. ICICI Prudential Technology Fund
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% . 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 Returns for ICICI Prudential Technology Fund
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 | INFY34% ₹3,212 Cr 19,645,184
↑ 1,432,476 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS18% ₹1,652 Cr 4,872,492
↑ 3,710 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH10% ₹948 Cr 8,462,176 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL8% ₹712 Cr 8,384,200
↑ 720,201 Wipro Ltd (Technology)
Equity, Since 30 Sep 19 | 5076855% ₹454 Cr 11,146,084
↓ -3,478,614 Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 5327553% ₹324 Cr 3,011,906
↓ -268,878 LTIMindtree Ltd (Technology)
Equity, Since 31 Jul 16 | LTIM2% ₹194 Cr 401,895
↑ 61,390 Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 31 Jan 22 | ZEEL2% ₹141 Cr 5,340,571
↑ 1,735,008 Accenture PLC Class A (Technology)
Equity, Since 28 Feb 21 | ACN1% ₹102 Cr 43,600 Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 31 Oct 21 | 8901571% ₹74 Cr 1,590,489 2. Nippon India Small Cap Fund
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% . 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 Returns for Nippon India Small Cap Fund
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 | TIINDIA4% ₹906 Cr 3,267,559 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK2% ₹434 Cr 2,700,000 Bank of Baroda (Financial Services)
Equity, Since 31 Mar 21 | 5321342% ₹416 Cr 25,045,248 KPIT Technologies Ltd (Technology)
Equity, Since 30 Jun 19 | KPITTECH2% ₹397 Cr 5,554,917
↓ -85,000 Tejas Networks Ltd (Technology)
Equity, Since 30 Jun 17 | TEJASNET2% ₹378 Cr 5,763,697 Fine Organic Industries Ltd Ordinary Shares (Basic Materials)
Equity, Since 30 Jun 18 | FINEORG2% ₹378 Cr 605,377 Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 28 Feb 18 | POONAWALLA2% ₹376 Cr 12,095,771
↓ -1,046,482 Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 28 Feb 19 | BALRAMCHIN2% ₹357 Cr 9,291,212 Timken India Ltd (Industrials)
Equity, Since 28 Feb 18 | 5221131% ₹353 Cr 1,067,270 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Sep 11 | NAVINFLUOR1% ₹342 Cr 787,244 3. PGIM India Midcap Opportunities Fund
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% . 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 Returns for PGIM India Midcap Opportunities Fund
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 | 5221134% ₹299 Cr 905,274
↑ 52,793 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | HDFCBANK4% ₹291 Cr 1,808,204
↑ 750,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | ICICIBANK4% ₹286 Cr 3,000,000
↓ -445,500 Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 5004804% ₹286 Cr 2,022,298
↑ 150,000 Kajaria Ceramics Ltd (Industrials)
Equity, Since 31 Oct 21 | 5002333% ₹262 Cr 2,276,766
↑ 781,000 Bata India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | BATAINDIA3% ₹246 Cr 1,429,700
↑ 425,000 Dalmia Bharat Ltd (Basic Materials)
Equity, Since 31 Jul 21 | DALBHARAT3% ₹227 Cr 1,247,176 Canara Bank (Financial Services)
Equity, Since 31 Oct 22 | 5324833% ₹221 Cr 7,035,000
↑ 800,000 Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Jul 22 | JUBLFOOD3% ₹216 Cr 3,948,000
↑ 200,000 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | FEDERALBNK3% ₹209 Cr 15,906,857
↑ 2,406,857 4. SBI Contra Fund
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% . 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 Returns for SBI Contra Fund
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 | ICICIBANK3% ₹252 Cr 2,640,345 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFCBANK3% ₹232 Cr 1,443,872 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 19 | 5322153% ₹226 Cr 2,504,255
↑ 1,115,242 Infosys Ltd (Technology)
Equity, Since 28 Feb 19 | INFY3% ₹222 Cr 1,355,000 GAIL (India) Ltd (Utilities)
Equity, Since 28 Feb 21 | 5321553% ₹201 Cr 21,191,302
↑ 8,780,007 State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN2% ₹156 Cr 2,594,269 Equitas Holding Ltd (Financial Services)
Equity, Since 31 Jan 21 | 5398442% ₹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 | 5324612% ₹138 Cr 26,970,963
↑ 17,970,963 5. SBI Technology Opportunities Fund
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% . 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 Returns for SBI Technology Opportunities Fund
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 | INFY30% ₹850 Cr 5,200,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 06 | TCS13% ₹373 Cr 1,100,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL10% ₹280 Cr 3,300,000 NVIDIA Corp (Technology)
Equity, Since 30 Apr 21 | NVDA7% ₹200 Cr 157,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH7% ₹191 Cr 1,700,000 Netflix Inc (Communication Services)
Equity, Since 31 Aug 21 | NFLX6% ₹181 Cr 78,955
↓ -13,045 Microsoft Corp (Technology)
Equity, Since 31 Aug 20 | MSFT5% ₹127 Cr 65,000
↓ -27,000 Wipro Ltd (Technology)
Equity, Since 30 Apr 21 | 5076854% ₹125 Cr 3,080,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 22 | 5327553% ₹89 Cr 830,000 Invesco QQQ Trust
- | QQQ3% ₹78 Cr 34,000
Some of the major advantages of investing in a SIP are as follows:
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.
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.
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.
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.
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-
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.
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Nice information