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Best Mutual Funds for SIP 2020 | Best Performing SIP Online

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Best Mutual Funds for SIP 2020

Updated on July 29, 2020 , 3673 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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SIP

Top Mutual Funds for SIP Investment FY 20 - 21

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 (%)2019 (%)
DSP BlackRock World Gold Fund Growth ₹22.4268
↓ -0.34
₹539 500 27.45362.922.92335.1
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹44.6422
↑ 0.05
₹1,844 500 21.322.33724.615.834.2
ICICI Prudential US Bluechip Equity Fund Growth ₹33.51
↓ -0.35
₹692 100 6.13.818.916.61334.3
Mirae Asset Emerging Bluechip Fund Growth ₹54.935
↑ 0.26
₹9,834 1,000 12.7-5.77.4511.614.7
Parag Parikh Long Term Equity Fund Growth ₹29.2323
↑ 0.23
₹3,514 1,000 226.818.711.311.414.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 30 Jul 20

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 (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
DSP BlackRock Strategic Bond Fund Growth ₹2,581.14
↓ -1.16
₹1,190 500 3.69.814.68.510.35.88%5Y 9M 11D7Y 9M
IDFC Government Securities Fund - Investment Plan Growth ₹27.3367
↓ -0.01
₹1,163 1,000 4.710.913.89.913.35.94%5Y 6M 18D7Y 2M 5D
Axis Dynamic Bond Fund Growth ₹22.5986
↑ 0.05
₹612 1,000 69.513.49116.57%6Y 8Y 9M 18D
IDFC Government Securities Fund - Constant Maturity Plan Growth ₹35.1886
↓ -0.01
₹279 1,000 4.510.113.112.614.26.18%6Y 10M 13D9Y 8M 5D
L&T Triple Ace Bond Fund Growth ₹56.0651
↑ 0.07
₹3,871 1,000 6.29.613.19.812.66.54%5Y 8M 23D8Y 1M 24D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Jul 20

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 (%)2019 (%)
SBI Multi Asset Allocation Fund Growth ₹30.6577
↑ 0.21
₹235 500 8.45.612.97.47.910.6
BNP Paribas Substantial Equity Hybrid Fund Growth ₹12.8225
↑ 0.02
₹397 300 7.7-3.18.96.7 16.3
Canara Robeco Income Saver Fund Growth ₹63.7424
↑ 0.08
₹229 1,000 5.94.611.16.76.910.6
ICICI Prudential MIP 25 Growth ₹46.6822
↑ 0.04
₹1,597 100 5.72.38.16.68.69.6
L&T Dynamic Equity Fund Growth ₹26.372
↑ 0.08
₹645 500 83.59.26.34.88.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Jul 20

1. Franklin India Feeder - Franklin U S Opportunities Fund

The Fund seeks to provide capital appreciation by investing predominantly in units of Franklin U. S. Opportunities Fund, an overseas Franklin Templeton mutual fund, which primarily invests in securities in the United States of America.

Franklin India Feeder - Franklin U S Opportunities Fund is a Equity - Global fund was launched on 6 Feb 12. It is a fund with High risk and has given a CAGR/Annualized return of 19.3% since its launch.  Ranked 6 in Global category.  Return for 2019 was 34.2% , 2018 was 6.5% and 2017 was 18.1% .

Below is the key information for Franklin India Feeder - Franklin U S Opportunities Fund

Franklin India Feeder - Franklin U S Opportunities Fund
Growth
Launch Date 6 Feb 12
NAV (30 Jul 20) ₹44.6422 ↑ 0.05   (0.11 %)
Net Assets (Cr) ₹1,844 on 30 Jun 20
Category Equity - Global
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 1.74
Sharpe Ratio 1.28
Information Ratio 0.14
Alpha Ratio -2.43
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-3 Years (1%),3 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 15₹10,000
31 Jul 16₹9,530
31 Jul 17₹10,706
31 Jul 18₹13,605
31 Jul 19₹14,941

Franklin India Feeder - Franklin U S 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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Franklin India Feeder - Franklin U S 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 30 Jul 20

DurationReturns
1 Month 5.9%
3 Month 21.3%
6 Month 22.3%
1 Year 37%
3 Year 24.6%
5 Year 15.8%
10 Year
15 Year
Since launch 19.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 34.2%
2018 6.5%
2017 18.1%
2016 -0.8%
2015 8.8%
2014 8.4%
2013 55.2%
2012
2011
2010
Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
NameSinceTenure
Pyari Menon26 Sep 190.76 Yr.

Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Jun 20

Equity Sector Allocation
SectorValue
Technology25.81%
Financial Services15.34%
Health Care15.34%
Consumer Cyclical11.6%
Communication Services8.56%
Real Estate6.06%
Industrials5.97%
Consumer Defensive2.28%
Basic Materials1.14%
Asset Allocation
Asset ClassValue
Cash2.9%
Equity92.1%
Other4.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Franklin US Opportunities I(acc)USD
Investment Fund | -
100%₹1,839 Cr4,121,697
↑ 150,519
Call, Cash & Other Assets
Receivables | -
0%₹5 Cr

2. DSP BlackRock World Gold Fund

"The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized."

DSP BlackRock World Gold Fund is a Equity - Global fund was launched on 14 Sep 07. It is a fund with High risk and has given a CAGR/Annualized return of 6.5% since its launch.  Ranked 11 in Global category.  Return for 2019 was 35.1% , 2018 was -10.7% and 2017 was -4% .

Below is the key information for DSP BlackRock World Gold Fund

DSP BlackRock World Gold Fund
Growth
Launch Date 14 Sep 07
NAV (30 Jul 20) ₹22.4268 ↓ -0.34   (-1.50 %)
Net Assets (Cr) ₹539 on 30 Jun 20
Category Equity - Global
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk High
Expense Ratio 1.67
Sharpe Ratio 1.01
Information Ratio -1.28
Alpha Ratio -6.74
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 15₹10,000
31 Jul 16₹20,372
31 Jul 17₹14,966
31 Jul 18₹13,741
31 Jul 19₹16,832

DSP BlackRock World Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹543,623.
Net Profit of ₹243,623
Invest Now

Returns for DSP BlackRock World Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20

DurationReturns
1 Month 17.4%
3 Month 27.4%
6 Month 53%
1 Year 62.9%
3 Year 22.9%
5 Year 23%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 35.1%
2018 -10.7%
2017 -4%
2016 52.7%
2015 -18.5%
2014 -3%
2013 -41.5%
2012 -5.8%
2011 -2.6%
2010 29%
Fund Manager information for DSP BlackRock World Gold Fund
NameSinceTenure
Jay Kothari1 Mar 137.34 Yr.

Data below for DSP BlackRock World Gold Fund as on 30 Jun 20

Equity Sector Allocation
SectorValue
Basic Materials90.52%
Asset Allocation
Asset ClassValue
Cash7.65%
Equity91.38%
Debt0.04%
Other0.93%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
BGF World Gold I2
Investment Fund | -
96%₹515 Cr1,470,865
↑ 30,857
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
5%₹27 Cr
Net Receivables/Payables
Net Current Assets | -
1%-₹3 Cr

3. 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 12.4% since its launch.  Return for 2019 was 7.5% , 2018 was 24.9% and 2017 was 19.6% .

Below is the key information for TATA Digital India Fund

TATA Digital India Fund
Growth
Launch Date 28 Dec 15
NAV (31 Jul 20) ₹17.1376 ↑ 0.05   (0.29 %)
Net Assets (Cr) ₹364 on 30 Jun 20
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 2.05
Sharpe Ratio -0.34
Information Ratio -0.44
Alpha Ratio -3.92
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 Jul 16₹9,838
31 Jul 17₹9,824
31 Jul 18₹14,704
31 Jul 19₹14,774

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 30 Jul 20

DurationReturns
1 Month 20.7%
3 Month 27%
6 Month 9.9%
1 Year 16%
3 Year 20.4%
5 Year
10 Year
15 Year
Since launch 12.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.5%
2018 24.9%
2017 19.6%
2016 -6%
2015
2014
2013
2012
2011
2010
Fund Manager information for TATA Digital India Fund
NameSinceTenure
Rahul Singh20 Apr 200.2 Yr.
Meeta Shetty20 Apr 200.2 Yr.

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

Equity Sector Allocation
SectorValue
Technology85.84%
Asset Allocation
Asset ClassValue
Cash14.16%
Equity85.84%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
31%₹113 Cr1,539,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 16 | TCS
19%₹68 Cr325,000
↓ -17,500
A) Repo
CBLO/Reverse Repo | -
14%₹50 Cr
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH
9%₹34 Cr610,000
Wipro Ltd (Technology)
Equity, Since 31 Jul 18 | 507685
7%₹26 Cr1,176,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
5%₹19 Cr301,200
MindTree Ltd (Technology)
Equity, Since 31 Jul 19 | 532819
4%₹15 Cr158,000
L&T Technology Services Ltd (Technology)
Equity, Since 31 May 18 | LTTS
3%₹11 Cr83,000
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | 532755
3%₹9 Cr173,000
Oracle Financial Services Software Ltd (Technology)
Equity, Since 31 Mar 16 | 532466
2%₹7 Cr25,400

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 since its launch.  Ranked 33 in Sectoral category.  Return for 2019 was 9.6% , 2018 was 15.6% and 2017 was 22.4% .

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 (31 Jul 20) ₹63.57 ↑ 0.50   (0.79 %)
Net Assets (Cr) ₹413 on 30 Jun 20
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.75
Sharpe Ratio 0.14
Information Ratio 0.25
Alpha Ratio 3.66
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 Jul 15₹10,000
31 Jul 16₹10,105
31 Jul 17₹10,653
31 Jul 18₹14,693
31 Jul 19₹14,892

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 ₹415,684.
Net Profit of ₹115,684
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 30 Jul 20

DurationReturns
1 Month 17.6%
3 Month 28.3%
6 Month 10.3%
1 Year 21.3%
3 Year 19.2%
5 Year 12.5%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 16.6%
Fund Manager information for Aditya Birla Sun Life Digital India Fund
NameSinceTenure
Kunal Sangoi15 Jan 146.46 Yr.

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

Equity Sector Allocation
SectorValue
Technology68.35%
Communication Services17.19%
Industrials11.73%
Asset Allocation
Asset ClassValue
Cash2.71%
Equity97.28%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
27%₹111 Cr1,501,626
↑ 51,509
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
12%₹50 Cr887,330
↓ -42,150
HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH
6%₹26 Cr464,309
↓ -42,467
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 18 | 517174
6%₹24 Cr8,159
Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT
5%₹22 Cr784,609
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS
5%₹20 Cr98,420
↑ 9,628
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 532755
4%₹18 Cr323,931
↓ -250,579
Apple Inc (Technology)
Equity, Since 30 Nov 18 | AAPL
4%₹17 Cr6,286
Majesco Ltd (Technology)
Equity, Since 31 Jan 18 | 539289
4%₹16 Cr457,451
↓ -883
Just Dial Ltd (Communication Services)
Equity, Since 30 Sep 19 | 535648
4%₹16 Cr401,818

5. 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 18.4% since its launch.  Ranked 41 in Sectoral category.  Return for 2019 was 12.4% , 2018 was 11.9% and 2017 was 19.1% .

Below is the key information for Franklin India Technology Fund

Franklin India Technology Fund
Growth
Launch Date 22 Aug 98
NAV (30 Jul 20) ₹201.579 ↑ 1.41   (0.70 %)
Net Assets (Cr) ₹260 on 30 Jun 20
Category Equity - Sectoral
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 2.67
Sharpe Ratio 0.31
Information Ratio 0.1
Alpha Ratio 7.16
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 Jul 15₹10,000
31 Jul 16₹10,027
31 Jul 17₹10,477
31 Jul 18₹13,672
31 Jul 19₹13,740

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 ₹415,684.
Net Profit of ₹115,684
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 30 Jul 20

DurationReturns
1 Month 16.9%
3 Month 26.5%
6 Month 15.4%
1 Year 27.4%
3 Year 18.8%
5 Year 12.1%
10 Year
15 Year
Since launch 18.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 32.6%
Fund Manager information for Franklin India Technology Fund
NameSinceTenure
Anand Radhakrishnan3 Mar 0713.34 Yr.
Varun Sharma30 Nov 154.59 Yr.
Pyari Menon26 Sep 190.76 Yr.

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

Equity Sector Allocation
SectorValue
Technology71.89%
Communication Services16.48%
Industrials2.23%
Consumer Cyclical1.53%
Financial Services1.02%
Real Estate0.5%
Health Care0.15%
Asset Allocation
Asset ClassValue
Cash0.57%
Equity93.8%
Other5.63%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
27%₹70 Cr945,647
Franklin Technology I Acc USD
Investment Fund | -
11%₹29 Cr91,868
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 04 | TCS
8%₹22 Cr105,766
HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 14 | HCLTECH
8%₹21 Cr370,716
Call, Cash & Other Assets
Receivables | -
5%₹14 Cr
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL
5%₹14 Cr248,973
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jan 17 | NAUKRI
5%₹13 Cr46,300
Tech Mahindra Ltd (Technology)
Equity, Since 28 Feb 14 | 532755
4%₹11 Cr193,656
Cognizant Technology Solutions Corp A (Technology)
Equity, Since 30 Apr 16 | CTSH
4%₹10 Cr22,500
Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 30 Nov 18 | 2330
3%₹7 Cr88,000

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.
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