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Best Mutual Funds for SIP 2023 | Best Performing SIP Online

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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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SIP

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.

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
ICICI Prudential Technology Fund Growth ₹137.37
↓ -0.97
₹8,794 100 2.85-12.630.621.4-23.2
SBI Technology Opportunities Fund Growth ₹144.853
↓ -0.55
₹2,741 500 6.210.4-1.926.720.8-15.5
TATA Digital India Fund Growth ₹32.2986
↓ -0.26
₹6,464 150 1.94.4-12.426.520.6-23.3
Aditya Birla Sun Life Digital India Fund Growth ₹119.51
↓ -1.25
₹3,244 100 2.25.6-11.126.720-21.6
Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03
₹3,124 100 2.913.638.921.919.2
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.

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)2022 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Medium Term Plan Growth ₹31.5871
↓ 0.00
₹1,647 1,000 1.83.325.113.124.88.03%2Y 7M 24D4Y 2M 5D
Sundaram Short Term Debt Fund Growth ₹36.3802
↑ 0.01
₹362 250 0.811.412.85.3 4.52%1Y 2M 13D1Y 7M 3D
Sundaram Low Duration Fund Growth ₹28.8391
↑ 0.01
₹550 1,000 110.211.85 4.19%5M 18D8M 1D
UTI Banking & PSU Debt Fund Growth ₹18.368
↑ 0.01
₹527 500 2.22.910.77.310.37.39%3Y 3M 29D4Y 1M 13D
UTI Dynamic Bond Fund Growth ₹25.8498
↑ 0.00
₹364 500 1.52.710.69.710.17.04%2Y 4M 24D4Y 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.

FundNAVNet Assets (Cr)Min SIP Investment3 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 16.3-1.821.48.9-4.8
ICICI Prudential Multi-Asset Fund Growth ₹480.346
↓ -1.72
₹15,770 100 411.213.319.512.316.8
ICICI Prudential Equity and Debt Fund Growth ₹241.6
↓ -1.04
₹21,282 100 1.598.919.412.711.7
HDFC Balanced Advantage Fund Growth ₹325.035
↓ -2.96
₹51,027 300 3.310.915.116.910.118.8
Sundaram Equity Hybrid Fund Growth ₹135.137
↑ 0.78
₹1,954 100 0.510.527.11614.2
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.

DateValue
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

   
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 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Vaibhav Dusad2 May 202.67 Yr.
Sharmila D’mello30 Jun 220.51 Yr.

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

Equity Sector Allocation
SectorValue
Technology80%
Communication Services13.78%
Industrials1.98%
Consumer Cyclical1.46%
Financial Services0.21%
Energy0.1%
Consumer Defensive0.05%
Asset Allocation
Asset ClassValue
Cash2.41%
Equity97.59%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
34%₹3,212 Cr19,645,184
↑ 1,432,476
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS
18%₹1,652 Cr4,872,492
↑ 3,710
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
10%₹948 Cr8,462,176
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
8%₹712 Cr8,384,200
↑ 720,201
Wipro Ltd (Technology)
Equity, Since 30 Sep 19 | 507685
5%₹454 Cr11,146,084
↓ -3,478,614
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 532755
3%₹324 Cr3,011,906
↓ -268,878
LTIMindtree Ltd (Technology)
Equity, Since 31 Jul 16 | LTIM
2%₹194 Cr401,895
↑ 61,390
Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 31 Jan 22 | ZEEL
2%₹141 Cr5,340,571
↑ 1,735,008
Accenture PLC Class A (Technology)
Equity, Since 28 Feb 21 | ACN
1%₹102 Cr43,600
Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 31 Oct 21 | 890157
1%₹74 Cr1,590,489

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.

DateValue
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

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Samir Rachh2 Jan 176 Yr.
Kinjal Desai25 May 184.61 Yr.
Akshay Sharma1 Dec 220.08 Yr.

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

Equity Sector Allocation
SectorValue
Industrials24.64%
Consumer Cyclical15.94%
Basic Materials15.39%
Financial Services15.32%
Consumer Defensive8.13%
Technology7.34%
Health Care5.17%
Communication Services1.52%
Energy0.61%
Real Estate0.51%
Utility0.36%
Asset Allocation
Asset ClassValue
Cash3.39%
Equity96.61%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Apr 18 | TIINDIA
4%₹906 Cr3,267,559
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
2%₹434 Cr2,700,000
Bank of Baroda (Financial Services)
Equity, Since 31 Mar 21 | 532134
2%₹416 Cr25,045,248
KPIT Technologies Ltd (Technology)
Equity, Since 30 Jun 19 | KPITTECH
2%₹397 Cr5,554,917
↓ -85,000
Tejas Networks Ltd (Technology)
Equity, Since 30 Jun 17 | TEJASNET
2%₹378 Cr5,763,697
Fine Organic Industries Ltd Ordinary Shares (Basic Materials)
Equity, Since 30 Jun 18 | FINEORG
2%₹378 Cr605,377
Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 28 Feb 18 | POONAWALLA
2%₹376 Cr12,095,771
↓ -1,046,482
Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 28 Feb 19 | BALRAMCHIN
2%₹357 Cr9,291,212
Timken India Ltd (Industrials)
Equity, Since 28 Feb 18 | 522113
1%₹353 Cr1,067,270
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Sep 11 | NAVINFLUOR
1%₹342 Cr787,244

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.

DateValue
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

   
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 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Aniruddha Naha1 Jun 211.59 Yr.
Puneet Pal16 Jul 220.46 Yr.
Vivek Sharma1 Jun 211.59 Yr.

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

Equity Sector Allocation
SectorValue
Industrials23.83%
Financial Services20.03%
Consumer Cyclical17.26%
Basic Materials10.97%
Health Care6.83%
Consumer Defensive4.95%
Technology3.94%
Real Estate3.25%
Utility1.33%
Communication Services1.24%
Asset Allocation
Asset ClassValue
Cash6.21%
Equity93.62%
Debt0.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Timken India Ltd (Industrials)
Equity, Since 30 Sep 21 | 522113
4%₹299 Cr905,274
↑ 52,793
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | HDFCBANK
4%₹291 Cr1,808,204
↑ 750,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | ICICIBANK
4%₹286 Cr3,000,000
↓ -445,500
Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 500480
4%₹286 Cr2,022,298
↑ 150,000
Kajaria Ceramics Ltd (Industrials)
Equity, Since 31 Oct 21 | 500233
3%₹262 Cr2,276,766
↑ 781,000
Bata India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | BATAINDIA
3%₹246 Cr1,429,700
↑ 425,000
Dalmia Bharat Ltd (Basic Materials)
Equity, Since 31 Jul 21 | DALBHARAT
3%₹227 Cr1,247,176
Canara Bank (Financial Services)
Equity, Since 31 Oct 22 | 532483
3%₹221 Cr7,035,000
↑ 800,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Jul 22 | JUBLFOOD
3%₹216 Cr3,948,000
↑ 200,000
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | FEDERALBNK
3%₹209 Cr15,906,857
↑ 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.

DateValue
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

   
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 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Dinesh Balachandran7 May 184.66 Yr.
Mohit Jain5 May 184.66 Yr.

Data below for SBI Contra Fund as on 31 Dec 22

Equity Sector Allocation
SectorValue
Financial Services21.87%
Industrials12.02%
Basic Materials8.93%
Utility7.25%
Technology6.71%
Health Care4.99%
Consumer Defensive4.54%
Consumer Cyclical3.71%
Communication Services3.47%
Energy2.21%
Real Estate1.83%
Asset Allocation
Asset ClassValue
Cash22.14%
Equity77.86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | ICICIBANK
3%₹252 Cr2,640,345
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFCBANK
3%₹232 Cr1,443,872
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 19 | 532215
3%₹226 Cr2,504,255
↑ 1,115,242
Infosys Ltd (Technology)
Equity, Since 28 Feb 19 | INFY
3%₹222 Cr1,355,000
GAIL (India) Ltd (Utilities)
Equity, Since 28 Feb 21 | 532155
3%₹201 Cr21,191,302
↑ 8,780,007
State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN
2%₹156 Cr2,594,269
Equitas Holding Ltd (Financial Services)
Equity, Since 31 Jan 21 | 539844
2%₹155 Cr12,980,756
↑ 1,800,000
91 DTB 19012023
Sovereign Bonds | -
2%₹149 Cr15,000,000
182 DTB 09022023
Sovereign Bonds | -
2%₹148 Cr15,000,000
↑ 15,000,000
Punjab National Bank (Financial Services)
Equity, Since 30 Sep 22 | 532461
2%₹138 Cr26,970,963
↑ 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.

DateValue
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

   
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 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Saurabh Pant1 Jan 221 Yr.
Mohit Jain1 Jan 221 Yr.

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

Equity Sector Allocation
SectorValue
Technology75.23%
Communication Services20.08%
Consumer Cyclical0.39%
Health Care0.21%
Consumer Defensive0.19%
Industrials0.14%
Utility0.04%
Financial Services0.02%
Asset Allocation
Asset ClassValue
Cash3.7%
Equity96.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
30%₹850 Cr5,200,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 06 | TCS
13%₹373 Cr1,100,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
10%₹280 Cr3,300,000
NVIDIA Corp (Technology)
Equity, Since 30 Apr 21 | NVDA
7%₹200 Cr157,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH
7%₹191 Cr1,700,000
Netflix Inc (Communication Services)
Equity, Since 31 Aug 21 | NFLX
6%₹181 Cr78,955
↓ -13,045
Microsoft Corp (Technology)
Equity, Since 31 Aug 20 | MSFT
5%₹127 Cr65,000
↓ -27,000
Wipro Ltd (Technology)
Equity, Since 30 Apr 21 | 507685
4%₹125 Cr3,080,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 22 | 532755
3%₹89 Cr830,000
Invesco QQQ Trust
- | QQQ
3%₹78 Cr34,000

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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Jai Prakash, posted on 23 Jan 22 11:07 AM

Nice information

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