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Top 10 Best Performing SIP Plans 2021 - 2022

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Best Performing SIP Plans in India 2021

Updated on July 25, 2021 , 46579 views

Best SIP plans? How to choose them? These are some of the common questions that occur in the mind of investors when thinking of Investing in Mutual Funds through a SIP or Systematic Investment plan.

SIP investment is one of the most disciplined investing options when investing in Mutual Funds. Moreover, the minimum amount of investing in a SIP Mutual Fund is as less as INR 500. This makes investing in Top SIP plans much convenient.

Best SIP Plans

Generally, some of the best SIP plans in India offer good returns when invested for a longer duration. To know how much one can earn by investing a SIP or Systematic Investment Plan, check the sip calculator (also known as SIP return calculator) section below.

Why to Invest in a Systematic Investment Plan?

A systematic investment plan comes with multiple benefits. Its minimum investment amount INR 500 has not only gained attention most population, but also of many youngsters to begin their investment journey in mutual funds. An investor who wants to invest in a SIP can plan their major Financial goals like- child's education, marriage expenses, purchase of a house/car, etc., in a disciplined manner. One can simply start investing as per their goals (short-term, mid-term and long-term) and attain an increase in wealth over a certain period of time.

SIPs offer major benefits like rupee cost averaging and Power of Compounding. Rupee cost averaging helps an individual to average out the cost of an asset purchase. In a SIP, the purchase of units is done over a long period and these are spread out equally over monthly intervals (usually). Due to the investment being spread out over time, the investment is made into the stock market at different price points giving the investor the benefit of averaging cost, hence the term rupee cost averaging.

In the case of compound interest, unlike simple interest where you gain interest on only the principal, here the interest amount is added to the principal, and interest is calculated on the new principal (old principal plus gains). This process continues every time. Since the mutual funds in the SIP are in instalments, they are compounded, which adds more to the initially invested sum.

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Best SIP Plans to Invest In FY 21 - 22

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
ICICI Prudential Technology Fund Growth ₹136.95
↓ -0.31
₹3,494 100 24.83410633.727.870.6
Aditya Birla Sun Life Digital India Fund Growth ₹119.37
↓ -0.29
₹1,662 1,000 21.730.792.732.227.459
TATA Digital India Fund Growth ₹31.885
↓ -0.11
₹1,797 500 21.329.990.629.326.554.8
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹59.0749
↓ -0.29
₹3,610 500 8.216.935.825.323.845.2
SBI Technology Opportunities Fund Growth ₹134.635
↓ -0.46
₹915 500 22.630.182.52923.547.3
Franklin India Technology Fund Growth ₹313.697
↑ 0.55
₹605 500 11.31361.525.922.356.8
Nippon India Small Cap Fund Growth ₹76.5618
↓ -0.16
₹15,353 100 25.152.3113.522.222.129.2
SBI Small Cap Fund Growth ₹94.4043
↓ -0.47
₹9,091 500 15.73285.221.521.933.6
Parag Parikh Long Term Equity Fund Growth ₹46.0871
↓ -0.32
₹11,360 1,000 16.327.559.822.720.832.3
Mirae Asset Emerging Bluechip Fund Growth ₹89.958
↓ -0.37
₹18,676 0 13.42564.721.920.722.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Jul 21
*List of funds based on Assets >= 200 Crore & Sorted on 5 Year Return.

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 13% 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 (27 Jul 21) ₹136.95 ↓ -0.31   (-0.23 %)
Net Assets (Cr) ₹3,494 on 30 Jun 21
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.6
Sharpe Ratio 3.89
Information Ratio 0.12
Alpha Ratio 24.87
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
30 Jun 16₹10,000
30 Jun 17₹9,534
30 Jun 18₹13,291
30 Jun 19₹14,037
30 Jun 20₹13,298
30 Jun 21₹31,119

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 ₹598,181.
Net Profit of ₹298,181
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 27 Jul 21

DurationReturns
1 Month 6.8%
3 Month 24.8%
6 Month 34%
1 Year 106%
3 Year 33.7%
5 Year 27.8%
10 Year
15 Year
Since launch 13%
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 173.97 Yr.
Priyanka Khandelwal8 Jul 200.98 Yr.
Vaibhav Dusad2 May 201.16 Yr.

Data below for ICICI Prudential Technology Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Technology78.14%
Communication Services9.19%
Industrials7.68%
Consumer Defensive1.35%
Asset Allocation
Asset ClassValue
Cash3.64%
Equity96.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
24%₹849 Cr5,370,218
↑ 794,019
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 20 | HCLTECH
8%₹276 Cr2,805,807
↑ 250,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 532755
8%₹273 Cr2,496,107
↑ 635,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS
7%₹243 Cr725,185
↑ 45,000
Persistent Systems Ltd (Technology)
Equity, Since 31 May 20 | PERSISTENT
4%₹146 Cr498,305
↑ 40,234
Indian Railway Catering And Tourism Corp Ltd (Industrials)
Equity, Since 31 Dec 20 | 542830
3%₹104 Cr513,609
↑ 150,000
Coforge Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jul 20 | 532541
3%₹102 Cr245,969
↓ -8,000
Wipro Ltd (Technology)
Equity, Since 30 Sep 19 | 507685
3%₹99 Cr1,821,450
↑ 130,000
MindTree Ltd (Technology)
Equity, Since 30 Jun 20 | 532819
3%₹96 Cr367,684
↑ 49,000
eClerx Services Ltd (Technology)
Equity, Since 31 Aug 20 | 532927
3%₹95 Cr489,394
↑ 123,541

2. 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 12.2% 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 (27 Jul 21) ₹119.37 ↓ -0.29   (-0.24 %)
Net Assets (Cr) ₹1,662 on 30 Jun 21
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.6
Sharpe Ratio 4.65
Information Ratio 0.96
Alpha Ratio 29.69
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
30 Jun 16₹10,000
30 Jun 17₹9,597
30 Jun 18₹13,361
30 Jun 19₹14,175
30 Jun 20₹14,607
30 Jun 21₹30,873

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 ₹598,181.
Net Profit of ₹298,181
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 27 Jul 21

DurationReturns
1 Month 5.5%
3 Month 21.7%
6 Month 30.7%
1 Year 92.7%
3 Year 32.2%
5 Year 27.4%
10 Year
15 Year
Since launch 12.2%
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 147.46 Yr.

Data below for Aditya Birla Sun Life Digital India Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Technology73.1%
Communication Services14.43%
Industrials7.92%
Asset Allocation
Asset ClassValue
Cash4.55%
Equity95.45%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
21%₹353 Cr2,235,259
↑ 125,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS
10%₹167 Cr499,487
↑ 95,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 532755
9%₹156 Cr1,419,943
↑ 205,000
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 31 Dec 10 | HCLTECH
7%₹113 Cr1,143,931
↑ 275,000
Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT
5%₹76 Cr882,609
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 13 | PERSISTENT
4%₹68 Cr231,326
↑ 25,000
Just Dial Ltd (Communication Services)
Equity, Since 30 Sep 19 | 535648
4%₹63 Cr658,953
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
3%₹56 Cr1,066,937
Firstsource Solutions Ltd (Technology)
Equity, Since 31 Aug 20 | 532809
3%₹49 Cr2,605,109
↓ -448,543
Wipro Ltd (Technology)
Equity, Since 31 Jan 21 | 507685
3%₹43 Cr789,307
↓ -100,000

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 23.1% 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 (27 Jul 21) ₹31.885 ↓ -0.11   (-0.33 %)
Net Assets (Cr) ₹1,797 on 30 Jun 21
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 2.05
Sharpe Ratio 3.47
Information Ratio -0.42
Alpha Ratio 12.22
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
30 Jun 16₹10,000
30 Jun 17₹9,267
30 Jun 18₹13,767
30 Jun 19₹14,852
30 Jun 20₹13,909
30 Jun 21₹29,896

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 ₹584,107.
Net Profit of ₹284,107
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 27 Jul 21

DurationReturns
1 Month 5.8%
3 Month 21.3%
6 Month 29.9%
1 Year 90.6%
3 Year 29.3%
5 Year 26.5%
10 Year
15 Year
Since launch 23.1%
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 201.2 Yr.
Meeta Shetty20 Apr 201.2 Yr.
Venkat Samala26 Nov 200.59 Yr.

Data below for TATA Digital India Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Technology83.89%
Communication Services6.84%
Industrials6.61%
Consumer Cyclical0.71%
Asset Allocation
Asset ClassValue
Cash1.94%
Equity98.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
20%₹353 Cr2,230,000
↑ 200,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 16 | TCS
15%₹272 Cr813,126
↑ 200,000
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | 532755
8%₹140 Cr1,275,000
↑ 440,000
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jan 16 | HCLTECH
7%₹130 Cr1,323,741
↑ 124,741
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
6%₹110 Cr375,363
Wipro Ltd (Technology)
Equity, Since 31 Jul 18 | 507685
4%₹74 Cr1,350,000
Cyient Ltd (Industrials)
Equity, Since 28 Feb 21 | CYIENT
4%₹67 Cr783,339
↑ 50,000
Birlasoft Ltd (Technology)
Equity, Since 31 Jul 20 | 532400
3%₹61 Cr1,531,048
↑ 26,048
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 28 Feb 21 | 540005
3%₹56 Cr138,331
↑ 25,600
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Aug 20 | NAUKRI
3%₹53 Cr107,330

4. 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 20.6% since its launch.  Ranked 6 in Global category.  Return for 2020 was 45.2% , 2019 was 34.2% and 2018 was 6.5% .

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 (26 Jul 21) ₹59.0749 ↓ -0.29   (-0.49 %)
Net Assets (Cr) ₹3,610 on 30 Jun 21
Category Equity - Global
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 1.56
Sharpe Ratio 1.55
Information Ratio -0.19
Alpha Ratio -1.64
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
30 Jun 16₹10,000
30 Jun 17₹11,433
30 Jun 18₹14,763
30 Jun 19₹16,274
30 Jun 20₹21,562
30 Jun 21₹29,249

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 ₹543,623.
Net Profit of ₹243,623
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 27 Jul 21

DurationReturns
1 Month 4.2%
3 Month 8.2%
6 Month 16.9%
1 Year 35.8%
3 Year 25.3%
5 Year 23.8%
10 Year
15 Year
Since launch 20.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 45.2%
2019 34.2%
2018 6.5%
2017 18.1%
2016 -0.8%
2015 8.8%
2014 8.4%
2013 55.2%
2012
2011
Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
NameSinceTenure
Mayank Bukrediwala24 Aug 200.85 Yr.

Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Technology27.03%
Health Care16.11%
Financial Services15.29%
Consumer Cyclical13.95%
Communication Services8.53%
Real Estate4.47%
Industrials4.46%
Consumer Defensive3.28%
Basic Materials1.39%
Utility0.42%
Asset Allocation
Asset ClassValue
Cash1.03%
Equity95.27%
Other3.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Franklin US Opportunities I(acc)USD
Investment Fund | -
100%₹3,606 Cr5,866,459
↑ 123,458
Call, Cash & Other Assets
Net Current Assets | -
0%₹4 Cr

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 23% 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 (27 Jul 21) ₹134.635 ↓ -0.46   (-0.34 %)
Net Assets (Cr) ₹915 on 30 Jun 21
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating
Risk High
Expense Ratio 2.62
Sharpe Ratio 4.18
Information Ratio 0.58
Alpha Ratio 20.77
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
30 Jun 16₹10,000
30 Jun 17₹9,607
30 Jun 18₹13,415
30 Jun 19₹14,323
30 Jun 20₹14,278
30 Jun 21₹27,851

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 ₹543,623.
Net Profit of ₹243,623
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 27 Jul 21

DurationReturns
1 Month 7.3%
3 Month 22.6%
6 Month 30.1%
1 Year 82.5%
3 Year 29%
5 Year 23.5%
10 Year
15 Year
Since launch 23%
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 1110.09 Yr.

Data below for SBI Technology Opportunities Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Technology74.86%
Communication Services13.53%
Industrials3.4%
Financial Services1.84%
Asset Allocation
Asset ClassValue
Cash6.37%
Equity93.63%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
24%₹218 Cr1,376,700
↑ 156,500
Alphabet Inc Class A (Communication Services)
Equity, Since 30 Sep 18 | GOOGL
9%₹80 Cr4,425
↑ 1,370
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 31 Mar 06 | HCLTECH
8%₹74 Cr750,374
↑ 103,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 06 | TCS
7%₹64 Cr191,411
Tech Mahindra Ltd (Technology)
Equity, Since 31 Aug 15 | 532755
5%₹46 Cr417,935
↑ 65,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Aug 20 | PERSISTENT
5%₹42 Cr144,100
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 31 May 20 | 540005
5%₹42 Cr103,000
↑ 84,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
4%₹35 Cr673,130
Firstsource Solutions Ltd (Technology)
Equity, Since 31 Oct 20 | 532809
4%₹35 Cr1,857,000
↓ -1,098,000
Cyient Ltd (Industrials)
Equity, Since 30 Apr 20 | CYIENT
3%₹31 Cr362,150

6. 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 19.8% 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 (26 Jul 21) ₹313.697 ↑ 0.55   (0.17 %)
Net Assets (Cr) ₹605 on 30 Jun 21
Category Equity - Sectoral
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 2.46
Sharpe Ratio 3.38
Information Ratio 0.14
Alpha Ratio 11.29
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
30 Jun 16₹10,000
30 Jun 17₹10,158
30 Jun 18₹13,319
30 Jun 19₹13,889
30 Jun 20₹14,933
30 Jun 21₹26,511

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 ₹530,691.
Net Profit of ₹230,691
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 27 Jul 21

DurationReturns
1 Month 2.5%
3 Month 11.3%
6 Month 13%
1 Year 61.5%
3 Year 25.9%
5 Year 22.3%
10 Year
15 Year
Since launch 19.8%
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 0714.34 Yr.
Varun Sharma30 Nov 155.59 Yr.
Mayank Bukrediwala24 Aug 200.85 Yr.

Data below for Franklin India Technology Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Technology71.24%
Communication Services14.8%
Consumer Cyclical4.16%
Industrials2.84%
Financial Services0.68%
Real Estate0.19%
Health Care0.09%
Consumer Defensive0.03%
Asset Allocation
Asset ClassValue
Cash5.65%
Equity94.09%
Other0.26%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
25%₹149 Cr945,647
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 04 | TCS
10%₹59 Cr176,000
↑ 1,000
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Jun 14 | HCLTECH
9%₹56 Cr570,000
Franklin Technology I Acc USD
Investment Fund | -
7%₹44 Cr91,868
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jan 17 | NAUKRI
6%₹36 Cr73,229
↑ 13,974
Tech Mahindra Ltd (Technology)
Equity, Since 28 Feb 14 | 532755
6%₹35 Cr320,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL
5%₹32 Cr600,000
Cyient Ltd (Industrials)
Equity, Since 31 Dec 06 | CYIENT
3%₹17 Cr200,000
NVIDIA Corp (Technology)
Equity, Since 30 Apr 19 | NVDA
3%₹17 Cr2,800
MakeMyTrip Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | MMYT
2%₹13 Cr60,135

7. 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 20.6% since its launch.  Ranked 6 in Small Cap category.  Return for 2020 was 29.2% , 2019 was -2.5% and 2018 was -16.7% .

Below is the key information for Nippon India Small Cap Fund

Nippon India Small Cap Fund
Growth
Launch Date 16 Sep 10
NAV (27 Jul 21) ₹76.5618 ↓ -0.16   (-0.21 %)
Net Assets (Cr) ₹15,353 on 30 Jun 21
Category Equity - Small Cap
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 4.38
Information Ratio 1.01
Alpha Ratio 0.75
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
30 Jun 16₹10,000
30 Jun 17₹13,479
30 Jun 18₹15,029
30 Jun 19₹14,409
30 Jun 20₹12,545
30 Jun 21₹26,159

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 ₹530,691.
Net Profit of ₹230,691
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 27 Jul 21

DurationReturns
1 Month 8.2%
3 Month 25.1%
6 Month 52.3%
1 Year 113.5%
3 Year 22.2%
5 Year 22.1%
10 Year
15 Year
Since launch 20.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 29.2%
2019 -2.5%
2018 -16.7%
2017 63%
2016 5.6%
2015 15.1%
2014 97.6%
2013 11.9%
2012 41.9%
2011 -25%
Fund Manager information for Nippon India Small Cap Fund
NameSinceTenure
Samir Rachh2 Jan 174.5 Yr.
Kinjal Desai25 May 183.1 Yr.

Data below for Nippon India Small Cap Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Industrials23.9%
Basic Materials20.72%
Consumer Cyclical12.06%
Consumer Defensive11.89%
Technology10.21%
Financial Services7.79%
Health Care5.06%
Communication Services3.79%
Utility2.23%
Real Estate0.27%
Asset Allocation
Asset ClassValue
Cash2.07%
Equity97.93%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Dec 16 | 506401
4%₹578 Cr3,193,921
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Sep 11 | 532504
3%₹417 Cr1,111,721
Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Apr 18 | 540762
3%₹385 Cr3,296,395
Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 28 Feb 19 | 500038
2%₹353 Cr9,917,135
Birla Corp Ltd (Basic Materials)
Equity, Since 31 May 18 | 500335
2%₹346 Cr2,850,086
Bajaj Electricals Ltd (Utilities)
Equity, Since 31 Mar 16 | 500031
2%₹343 Cr3,339,223
↓ -51,703
Orient Electric Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 May 18 | 541301
2%₹336 Cr10,706,033
Radico Khaitan Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jan 15 | 532497
2%₹288 Cr3,793,800
Dixon Technologies (India) Ltd (Technology)
Equity, Since 30 Nov 18 | 540699
2%₹275 Cr623,042
NIIT Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | 500304
2%₹275 Cr9,572,735
↑ 528,621

8. SBI Small Cap Fund

(Erstwhile SBI Small & Midcap Fund)

The Scheme seeks to generate income and long term capital appreciation by investing in a diversified portfolio of predominantly in equity and equity related securities of small & midcap Companies

SBI Small Cap Fund is a Equity - Small Cap fund was launched on 9 Sep 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20.8% since its launch.  Ranked 4 in Small Cap category.  Return for 2020 was 33.6% , 2019 was 6.1% and 2018 was -19.6% .

Below is the key information for SBI Small Cap Fund

SBI Small Cap Fund
Growth
Launch Date 9 Sep 09
NAV (27 Jul 21) ₹94.4043 ↓ -0.47   (-0.50 %)
Net Assets (Cr) ₹9,091 on 30 Jun 21
Category Equity - Small Cap
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 2.29
Sharpe Ratio 3.84
Information Ratio 0.59
Alpha Ratio -9.4
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
30 Jun 16₹10,000
30 Jun 17₹13,005
30 Jun 18₹15,008
30 Jun 19₹15,144
30 Jun 20₹14,301
30 Jun 21₹27,050

SBI 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 ₹518,033.
Net Profit of ₹218,033
Invest Now

Returns for SBI 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 27 Jul 21

DurationReturns
1 Month 3.7%
3 Month 15.7%
6 Month 32%
1 Year 85.2%
3 Year 21.5%
5 Year 21.9%
10 Year
15 Year
Since launch 20.8%
Historical performance (Yearly) on absolute basis
YearReturns
2020 33.6%
2019 6.1%
2018 -19.6%
2017 78.7%
2016 1.3%
2015 20.6%
2014 110.7%
2013 7.8%
2012 31.9%
2011 -24.3%
Fund Manager information for SBI Small Cap Fund
NameSinceTenure
R. Srinivasan16 Nov 137.63 Yr.

Data below for SBI Small Cap Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Industrials40.06%
Consumer Cyclical20.36%
Basic Materials17.09%
Consumer Defensive6.88%
Financial Services4.12%
Health Care3.93%
Communication Services2.31%
Asset Allocation
Asset ClassValue
Cash2.91%
Equity96.47%
Debt0.18%
Other0.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Elgi Equipments Ltd (Industrials)
Equity, Since 31 Dec 13 | 522074
4%₹397 Cr19,173,605
↓ -194,329
V-Guard Industries Ltd (Industrials)
Equity, Since 31 Aug 20 | 532953
4%₹336 Cr12,689,795
↑ 2,689,795
Carborundum Universal Ltd (Industrials)
Equity, Since 31 May 19 | 513375
4%₹321 Cr5,300,000
Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 31 Mar 19 | 540203
3%₹297 Cr1,330,000
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Mar 20 | 532504
3%₹296 Cr790,000
JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 18 | JKCEMENT
3%₹285 Cr1,000,000
↓ -241,570
Kalpataru Power Transmission Ltd (Industrials)
Equity, Since 31 May 20 | 522287
3%₹267 Cr6,266,658
↑ 70,849
Hatsun Agro Product Ltd (Consumer Defensive)
Equity, Since 31 Jul 17 | 531531
3%₹254 Cr2,846,666
Rossari Biotech Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Jul 20 | 543213
3%₹239 Cr2,016,798
Blue Star Ltd Shs Dematerialised (Industrials)
Equity, Since 30 Jun 18 | BLUESTARCO
3%₹237 Cr2,900,000

9. Parag Parikh Long Term Equity Fund

(Erstwhile Parag Parikh Long Term Value Fund)

The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities.

Parag Parikh Long Term Equity Fund is a Equity - Multi Cap fund was launched on 24 May 13. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20.6% since its launch.  Ranked 34 in Multi Cap category.  Return for 2020 was 32.3% , 2019 was 14.4% and 2018 was -0.4% .

Below is the key information for Parag Parikh Long Term Equity Fund

Parag Parikh Long Term Equity Fund
Growth
Launch Date 24 May 13
NAV (27 Jul 21) ₹46.0871 ↓ -0.32   (-0.70 %)
Net Assets (Cr) ₹11,360 on 30 Jun 21
Category Equity - Multi Cap
AMC PPFAS Asset Management Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 4.33
Information Ratio 0.68
Alpha Ratio 24.16
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-365 Days (2%),365-730 Days (1%),730 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Jun 16₹10,000
30 Jun 17₹11,924
30 Jun 18₹13,795
30 Jun 19₹14,589
30 Jun 20₹15,408
30 Jun 21₹24,894

Parag Parikh Long Term Equity 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 Parag Parikh Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jul 21

DurationReturns
1 Month 7.8%
3 Month 16.3%
6 Month 27.5%
1 Year 59.8%
3 Year 22.7%
5 Year 20.8%
10 Year
15 Year
Since launch 20.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 32.3%
2019 14.4%
2018 -0.4%
2017 29.4%
2016 3.3%
2015 8.9%
2014 44.8%
2013
2012
2011
Fund Manager information for Parag Parikh Long Term Equity Fund
NameSinceTenure
Raj Mehta27 Jan 165.43 Yr.
Rajeev Thakkar24 May 138.11 Yr.
Raunak Onkar24 May 138.11 Yr.

Data below for Parag Parikh Long Term Equity Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Financial Services29.9%
Technology23.55%
Consumer Cyclical15.01%
Communication Services14.61%
Consumer Defensive7.76%
Health Care4.32%
Asset Allocation
Asset ClassValue
Cash4.85%
Equity95.15%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Alphabet Inc A (Communication Services)
Equity, Since 31 May 21 | GOOGL
8%₹958 Cr52,721
↑ 27,210
Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 31 Oct 16 | 500490
8%₹903 Cr2,497,769
↑ 142,900
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 20 | ITC
8%₹881 Cr43,481,703
↑ 5,066,000
Microsoft Corp (Technology)
Equity, Since 30 Apr 20 | MSFT
7%₹844 Cr418,297
↑ 11,600
Facebook Inc A (Communication Services)
Equity, Since 31 Jul 17 | FB
6%₹702 Cr268,306
Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Jan 19 | AMZN
6%₹681 Cr26,573
↑ 5,500
Persistent Systems Ltd (Technology)
Equity, Since 30 Nov 14 | PERSISTENT
6%₹681 Cr2,316,910
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jan 21 | HCLTECH
5%₹573 Cr5,824,625
↑ 457,900
Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | HEROMOTOCO
5%₹567 Cr1,954,896
↑ 235,000
Indian Energy Exchange Ltd (Financial Services)
Equity, Since 31 Jul 20 | 540750
5%₹553 Cr14,735,528

10. Mirae Asset Emerging Bluechip Fund

The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction. The Scheme does not guarantee or assure any returns.

Mirae Asset Emerging Bluechip Fund is a Equity - Large & Mid Cap fund was launched on 9 Jul 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 22% since its launch.  Return for 2020 was 22.4% , 2019 was 14.7% and 2018 was -5.4% .

Below is the key information for Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging Bluechip Fund
Growth
Launch Date 9 Jul 10
NAV (27 Jul 21) ₹89.958 ↓ -0.37   (-0.40 %)
Net Assets (Cr) ₹18,676 on 30 Jun 21
Category Equity - Large & Mid Cap
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.61
Sharpe Ratio 4.13
Information Ratio 2.13
Alpha Ratio 8.59
Min Investment 5,000
Min SIP Investment 0
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Jun 16₹10,000
30 Jun 17₹13,488
30 Jun 18₹14,160
30 Jun 19₹16,072
30 Jun 20₹15,319
30 Jun 21₹26,029

Mirae Asset Emerging Bluechip 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 Mirae Asset Emerging Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jul 21

DurationReturns
1 Month 2.5%
3 Month 13.4%
6 Month 25%
1 Year 64.7%
3 Year 21.9%
5 Year 20.7%
10 Year
15 Year
Since launch 22%
Historical performance (Yearly) on absolute basis
YearReturns
2020 22.4%
2019 14.7%
2018 -5.4%
2017 49%
2016 12.2%
2015 14.1%
2014 84.6%
2013 8.6%
2012 45.6%
2011 -15.2%
Fund Manager information for Mirae Asset Emerging Bluechip Fund
NameSinceTenure
Neelesh Surana9 Jul 1010.99 Yr.
Ankit Jain31 Jan 192.42 Yr.

Data below for Mirae Asset Emerging Bluechip Fund as on 30 Jun 21

Equity Sector Allocation
SectorValue
Financial Services33.23%
Consumer Cyclical11.68%
Basic Materials10.8%
Technology10.11%
Health Care9.91%
Industrials8.59%
Consumer Defensive3.64%
Communication Services3.55%
Energy2.82%
Utility2.37%
Asset Allocation
Asset ClassValue
Cash1.3%
Equity98.7%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | ICICIBANK
6%₹1,153 Cr18,274,841
↑ 620,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 17 | HDFCBANK
6%₹1,111 Cr7,414,044
↑ 200,000
Infosys Ltd (Technology)
Equity, Since 31 Jan 18 | INFY
5%₹961 Cr6,077,584
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 532215
4%₹838 Cr11,195,088
↑ 225,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 18 | SBIN
4%₹667 Cr15,910,277
↑ 400,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹504 Cr9,579,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS
3%₹500 Cr1,495,005
↓ -115,000
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL
2%₹450 Cr3,860,142
↓ -125,000
JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 12 | JKCEMENT
2%₹447 Cr1,566,379
↑ 23,229
Gujarat State Petronet Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Jan 19 | 532702
2%₹442 Cr13,250,511
↓ -1,047,426

How to Choose Best SIP Investment?

Things-to-consider-for-best-SIP

There are various Mutual Funds that allow you to invest through a SIP. But the main problem is selecting the best mutual funds for SIP. Though the best Mutual Funds might vary from person to person, below is a list of some points that investors might consider before choosing a best SIP Mutual Fund.

Understand Objective of the SIP Investment

When it comes to investing, each one of us has a different objective. So before investing in Mutual Funds through a SIP, it is advised to get a clear picture of your investment goals and risk profile. Generally, Equity Mutual Funds are considered to be beneficial for long-term objectives while money market and Debt fund are suitable for short-term objectives.

Know the Fund House

A large part of the SIP returns depends on the Fund House managing your money on your behalf. If the Fund House fails its objective, you will be the one losing your money. To make sure you have the best SIP plan choose a well-reputed fund house.

Monitor Fund Performance of the SIP Mutual Fund

One of the basic reasons due to which people invest in Mutual Funds through SIP is to make money. Therefore, it is important to analyse the performance of funds over a period of time to choose the best fund and then invest in the best SIP plans. Typically, for equity Mutual Funds long-term performance is looked at, while for the debt Mutual Funds short to mid-term returns are considered.

Analyse Loads and Recurring Expenses of SIP

Last but not the least, the exit load and the expense ratio incurred if the investment in redeemed before a specified period (usually called the lock-in period).

So, it is advised to choose the best SIP plans considering these parameters in mind. Think before you invest!

SIP Calculator (SIP Return Calculator)

For financial planning, SIP calculator or SIP return calculator is one of the best tools.

To monitor how your SIP grows through the power of compounding consider the below example.

Monthly Investment Time Period of Investment Total Amount Invested Final Value @ 14% p.a.
1,000 5 years 60,000 87,200
1,000 10 years 1,20,000 2,62,091
1,000 15 years 1,80,000 6,12,853

The above table mentions that if you invest INR 1,000 per month in a SIP Mutual Fund, your total investment in 5 years would be INR 60,000 and your SIP returns at an assumed return percentage of 14% p.a. would be INR 87,2001, respectively. Similarly, in 10 years the total investment would be INR 1,20,000 and the SIP return at the assumed percentage of 14% p.a. would be INR 2,62,091.

The same way, the investment in 15 years would be INR 1,80,000 and the final value at the return percentage of 14% p.a would be INR 6,12,853, respectively.

So, by simply investing INR 1,000 in a month, see how your money will grow in the years to come. Consider the above calculations when choosing a best SIP Mutual Fund to invest.

FAQs

1. What is a SIP?

A: SIP or a Systematic Investment Plan is an investment route offered under a mutual fund scheme, where a certain sum of money is invested under the scheme at regular intervals. This installment can be as small as Rs.500.

2. What are the benefits of SIP?

A: The primary advantage of SIP is that it makes investments more disciplined. It allows the investor to make Financial plan useful and helps develop the investor a habit of investing in the investor.

3. Who can invest in SIP?

A: Anyone can invest in SIP. But, you must do your risk analysis, mean how much risk you wish to take. Also, to start, you need PAN details, address proof, and Bank details.

4. What are the steps to invest in SIP in offline mode?

A: To invest in offline mode, you will have to fill-up the application form, submit a cheque for the monthly or quarterly SIP amount, provide a copy of the PAN card, address proof, and a canceled cheque as proof of your bank details.

5. Why should I invest in ICICI Prudential Technology Fund?

A: The ICICI Prudential Technology Fund has shown a return of 11.9% since its launching on 3rd March 2000. Unlike other funds, in the year 2020, it has established a return of 70.6%. Hence, investing in ICICI Prudential Technology Fund has proven worthwhile and has invested in the SIP for five years.

6. Why should I invest in SBI Bluechip Fund Regular Growth?

A: The SBI Bluechip Fund Regular Growth has shown a five-year growth rate of 5.29%, which is relatively high.

7. What should you consider while investing in SIP?

A: When you invest in SIP, you should consider the Net Asset Value or the NAV. This is the investment you make for the scheme. You must also check its ratings and its historical performance. It is essential to understand the returns the SIP would produce to ensure that your investment is safe.

8. Is KYC important for SIP?

A: Yes, KYC is essential even for SIP. As the SIP falls under the mutual fund's scheme, you will have to provide KYC documents to invest in SIP.

9. Do SIPs have a minimum investment requirement?

A: Yes, some SIPs require minimum investments. For example, the Aditya Birla Sun Life Digital India Fund has a minimum SIP investment requirement of Rs.1000. The SBI Bluechip Fund Regular Growth has a minimum requirement of Rs.5000. Thus, depending on the SIP you are investing in, you will have to increase your investment amount.

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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Manoj Kumar, posted on 21 Jan 20 5:26 PM

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