Top 10 Best Performing SIP Plans 2021 - 2022

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Best Performing SIP Plans in India 2021

Updated on October 24, 2021 , 64063 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.

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

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2020 (%)
ICICI Prudential Technology Fund Growth	₹159.67 ↑ 1.30	₹6,319	100	16.3	46.3	88.7	42.3	32.9	70.6
TATA Digital India Fund Growth	₹37.6493 ↑ 0.33	₹3,469	500	17.7	43.9	83.4	40.7	32.3	54.8
Aditya Birla Sun Life Digital India Fund Growth	₹136.23 ↑ 1.22	₹2,536	1,000	13.8	39.4	79	41.5	31.6	59
SBI Technology Opportunities Fund Growth	₹151.771 ↑ 1.14	₹1,701	500	12.3	39.1	74.6	37.4	27.7	47.3
Franklin India Technology Fund Growth	₹347.422 ↑ 2.43	₹718	500	10.2	22.9	48.9	31.9	25.1	56.8
Franklin India Feeder - Franklin U S Opportunities Fund Growth	₹61.1245 ↓ -0.10	₹3,838	500	3.1	12.8	30.2	27.5	24.4	45.2
Parag Parikh Long Term Equity Fund Growth	₹50.6848 ↑ 0.32	₹16,076	1,000	9.2	28.9	60.1	30.6	21.7	32.3
SBI Small Cap Fund Growth	₹102.903 ↑ 1.38	₹10,191	500	8.5	27.5	75.1	29.6	21.5	33.6
Mirae Asset Tax Saver Fund Growth	₹32.21 ↑ 0.30	₹9,832	500	12.2	27.7	63.8	28	20.9	21.5
Axis Mid Cap Fund Growth	₹70.09 ↑ 1.00	₹15,395	500	11	28.9	66.1	29	20.9	26
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 26 Oct 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 13.7% 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 (26 Oct 21)	₹159.67 ↑ 1.30 (0.82 %)
Net Assets (Cr)	₹6,319 on 30 Sep 21
Category	Equity - Sectoral
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆
Risk	High
Expense Ratio	2.53
Sharpe Ratio	4.97
Information Ratio	0.49
Alpha Ratio	29.28
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
30 Sep 16	₹10,000
30 Sep 17	₹10,619
30 Sep 18	₹16,079
30 Sep 19	₹15,549
30 Sep 20	₹21,153
30 Sep 21	₹41,095

ICICI Prudential Technology Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹673,113.
Net Profit of ₹373,113 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 26 Oct 21

Duration	Returns
1 Month	-2.9%
3 Month	16.3%
6 Month	46.3%
1 Year	88.7%
3 Year	42.3%
5 Year	32.9%
10 Year
15 Year
Since launch	13.7%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Sankaran Naren	14 Jul 17	4.22 Yr.
Priyanka Khandelwal	8 Jul 20	1.23 Yr.
Vaibhav Dusad	2 May 20	1.42 Yr.

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

Equity Sector Allocation

Sector	Value
Technology	75.4%
Communication Services	8.78%
Industrials	5.98%
Consumer Cyclical	0.63%
Consumer Defensive	0.33%

Asset Allocation

Asset Class	Value
Cash	8.81%
Equity	91.19%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 30 Apr 08 \| INFY	19%	₹1,194 Cr	7,126,003 ↑ 2,038,785
HCL Technologies Ltd (Technology) Equity, Since 30 Sep 20 \| HCLTECH	9%	₹596 Cr	4,656,544 ↑ 506,377
Tech Mahindra Ltd (Technology) Equity, Since 31 Oct 16 \| 532755	9%	₹556 Cr	4,024,103 ↑ 624,000
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Sep 19 \| TCS	9%	₹541 Cr	1,431,982 ↑ 60,000
Persistent Systems Ltd (Technology) Equity, Since 31 May 20 \| PERSISTENT	5%	₹323 Cr	870,295 ↑ 197,502
Bharti Airtel Ltd (Communication Services) Equity, Since 31 May 20 \| BHARTIARTL	4%	₹222 Cr	3,219,821
Mphasis Ltd (Technology) Equity, Since 30 Jun 20 \| 526299	3%	₹194 Cr	626,156 ↑ 290,030
Cyient Ltd (Industrials) Equity, Since 30 Jun 18 \| CYIENT	3%	₹174 Cr	1,636,094
Coforge Ltd (Technology) Equity, Since 31 Jul 20 \| 532541	2%	₹150 Cr	286,929
Indian Railway Catering And Tourism Corp Ltd (Industrials) Equity, Since 31 Dec 20 \| 542830	2%	₹136 Cr	358,571 ↓ -86,038

2. 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 25.5% 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 (26 Oct 21)	₹37.6493 ↑ 0.33 (0.89 %)
Net Assets (Cr)	₹3,469 on 30 Sep 21
Category	Equity - Sectoral
AMC	Tata Asset Management Limited
Rating	Not Rated
Risk	High
Expense Ratio	1.73
Sharpe Ratio	4.66
Information Ratio	0.26
Alpha Ratio	21.25
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.

Date	Value
30 Sep 16	₹10,000
30 Sep 17	₹10,274
30 Sep 18	₹16,470
30 Sep 19	₹16,107
30 Sep 20	₹20,788
30 Sep 21	₹39,696

TATA Digital India Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹673,113.
Net Profit of ₹373,113 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 26 Oct 21

Duration	Returns
1 Month	-2.7%
3 Month	17.7%
6 Month	43.9%
1 Year	83.4%
3 Year	40.7%
5 Year	32.3%
10 Year
15 Year
Since launch	25.5%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Meeta Shetty	20 Apr 20	1.45 Yr.
Venkat Samala	26 Nov 20	0.85 Yr.

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

Equity Sector Allocation

Sector	Value
Technology	78.44%
Industrials	6.99%
Communication Services	6.32%
Consumer Cyclical	1.85%

Asset Allocation

Asset Class	Value
Cash	6.4%
Equity	93.6%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 31 Jan 16 \| INFY	17%	₹577 Cr	3,446,000 ↑ 741,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Jan 16 \| TCS	13%	₹456 Cr	1,208,126 ↑ 65,000
Tech Mahindra Ltd (Technology) Equity, Since 30 Apr 16 \| 532755	10%	₹332 Cr	2,407,000 ↑ 732,000
HCL Technologies Ltd (Technology) Equity, Since 31 Jan 16 \| HCLTECH	9%	₹317 Cr	2,474,713 ↑ 250,000
Persistent Systems Ltd (Technology) Equity, Since 31 Jan 16 \| PERSISTENT	5%	₹188 Cr	505,963 ↑ 202,000
Mphasis Ltd (Technology) Equity, Since 30 Sep 20 \| 526299	5%	₹156 Cr	504,000 ↑ 99,000
Larsen & Toubro Infotech Ltd (Technology) Equity, Since 28 Feb 21 \| 540005	4%	₹127 Cr	221,044 ↑ 57,713
Indian Railway Catering And Tourism Corp Ltd (Industrials) Equity, Since 31 Dec 20 \| 542830	4%	₹123 Cr	323,816 ↓ -80,000
MindTree Ltd (Technology) Equity, Since 31 Jul 19 \| 532819	3%	₹113 Cr	268,530 ↑ 57,530
L&T Technology Services Ltd (Technology) Equity, Since 31 May 18 \| LTTS	3%	₹112 Cr	238,500

3. 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 12.7% 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 (26 Oct 21)	₹136.23 ↑ 1.22 (0.90 %)
Net Assets (Cr)	₹2,536 on 30 Sep 21
Category	Equity - Sectoral
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆
Risk	High
Expense Ratio	2.56
Sharpe Ratio	5.67
Information Ratio	1.09
Alpha Ratio	27.65
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.

Date	Value
30 Sep 16	₹10,000
30 Sep 17	₹10,763
30 Sep 18	₹15,557
30 Sep 19	₹15,943
30 Sep 20	₹20,953
30 Sep 21	₹39,383

Aditya Birla Sun Life Digital India Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹657,502.
Net Profit of ₹357,502 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 26 Oct 21

Duration	Returns
1 Month	-2.9%
3 Month	13.8%
6 Month	39.4%
1 Year	79%
3 Year	41.5%
5 Year	31.6%
10 Year
15 Year
Since launch	12.7%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Kunal Sangoi	15 Jan 14	7.71 Yr.

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

Equity Sector Allocation

Sector	Value
Technology	73.82%
Communication Services	15.04%
Industrials	6.62%
Consumer Cyclical	1.27%

Asset Allocation

Asset Class	Value
Cash	3.15%
Equity	96.85%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 30 Apr 05 \| INFY	17%	₹436 Cr	2,604,816 ↑ 294,557
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Apr 05 \| TCS	12%	₹308 Cr	816,472 ↑ 78,985
HCL Technologies Ltd (Technology) Equity, Since 31 Dec 10 \| HCLTECH	10%	₹245 Cr	1,913,931 ↑ 50,000
Tech Mahindra Ltd (Technology) Equity, Since 31 May 13 \| 532755	9%	₹220 Cr	1,589,943 ↑ 160,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Aug 19 \| BHARTIARTL	7%	₹169 Cr	2,451,670 ↑ 200,000
Cyient Ltd (Industrials) Equity, Since 31 May 14 \| CYIENT	4%	₹102 Cr	955,651 ↑ 25,000
Persistent Systems Ltd (Technology) Equity, Since 31 Jul 13 \| PERSISTENT	4%	₹97 Cr	261,465 ↑ 22,139
Just Dial Ltd (Communication Services) Equity, Since 30 Sep 19 \| 535648	3%	₹75 Cr	758,953
Wipro Ltd (Technology) Equity, Since 31 Jan 21 \| 507685	3%	₹68 Cr	1,076,888 ↑ 87,581
Mphasis Ltd (Technology) Equity, Since 29 Feb 20 \| 526299	3%	₹64 Cr	207,470 ↑ 27,350

4. 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 24% 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 (26 Oct 21)	₹151.771 ↑ 1.14 (0.76 %)
Net Assets (Cr)	₹1,701 on 30 Sep 21
Category	Equity - Sectoral
AMC	SBI Funds Management Private Limited
Rating	☆
Risk	High
Expense Ratio	2.61
Sharpe Ratio	4.68
Information Ratio	0.76
Alpha Ratio	21.05
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
30 Sep 16	₹10,000
30 Sep 17	₹10,039
30 Sep 18	₹14,396
30 Sep 19	₹14,878
30 Sep 20	₹18,330
30 Sep 21	₹33,199

SBI Technology Opportunities Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹598,181.
Net Profit of ₹298,181 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 26 Oct 21

Duration	Returns
1 Month	-2.5%
3 Month	12.3%
6 Month	39.1%
1 Year	74.6%
3 Year	37.4%
5 Year	27.7%
10 Year
15 Year
Since launch	24%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Anup Upadhyay	1 Jun 11	10.34 Yr.

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

Equity Sector Allocation

Sector	Value
Technology	73.81%
Communication Services	15.67%
Industrials	2.26%
Consumer Cyclical	2.1%

Asset Allocation

Asset Class	Value
Cash	6.08%
Equity	93.92%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 31 Jan 03 \| INFY	25%	₹427 Cr	2,547,700 ↑ 543,500
HCL Technologies Ltd (Technology) Equity, Since 31 Mar 06 \| HCLTECH	10%	₹166 Cr	1,295,974 ↑ 163,500
Alphabet Inc Class A (Communication Services) Equity, Since 30 Sep 18 \| GOOGL	8%	₹138 Cr	6,895 ↑ 820
Tech Mahindra Ltd (Technology) Equity, Since 31 Aug 15 \| 532755	7%	₹126 Cr	909,735
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Apr 06 \| TCS	7%	₹124 Cr	328,911 ↑ 137,500
Microsoft Corp (Technology) Equity, Since 31 Aug 20 \| MSFT	5%	₹88 Cr	41,590 ↑ 11,200
Bharti Airtel Ltd (Communication Services) Equity, Since 31 May 18 \| BHARTIARTL	5%	₹78 Cr	1,130,130
Larsen & Toubro Infotech Ltd (Technology) Equity, Since 31 May 20 \| 540005	3%	₹59 Cr	103,000
Persistent Systems Ltd (Technology) Equity, Since 31 Aug 20 \| PERSISTENT	3%	₹54 Cr	144,100
eClerx Services Ltd (Technology) Equity, Since 31 Jul 21 \| 532927	3%	₹49 Cr	226,481 ↑ 135,881

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 20% 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 Oct 21)	₹347.422 ↑ 2.43 (0.70 %)
Net Assets (Cr)	₹718 on 30 Sep 21
Category	Equity - Sectoral
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆
Risk	High
Expense Ratio	2.51
Sharpe Ratio	4.22
Information Ratio	0.08
Alpha Ratio	14.54
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
30 Sep 16	₹10,000
30 Sep 17	₹10,857
30 Sep 18	₹14,817
30 Sep 19	₹14,412
30 Sep 20	₹19,554
30 Sep 21	₹31,316

Franklin India Technology Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹570,326.
Net Profit of ₹270,326 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 26 Oct 21

Duration	Returns
1 Month	-3.8%
3 Month	10.2%
6 Month	22.9%
1 Year	48.9%
3 Year	31.9%
5 Year	25.1%
10 Year
15 Year
Since launch	20%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Anand Radhakrishnan	3 Mar 07	14.59 Yr.
Varun Sharma	30 Nov 15	5.84 Yr.
Mayank Bukrediwala	24 Aug 20	1.1 Yr.

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

Equity Sector Allocation

Sector	Value
Technology	64.35%
Communication Services	16.22%
Consumer Cyclical	7.33%
Industrials	2.96%
Financial Services	0.57%
Real Estate	0.18%
Health Care	0.09%

Asset Allocation

Asset Class	Value
Cash	7.85%
Equity	91.84%
Other	0.3%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 29 Feb 12 \| INFY	18%	₹130 Cr	778,984
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Aug 04 \| TCS	11%	₹79 Cr	209,047
HCL Technologies Ltd (Technology) Equity, Since 30 Jun 14 \| HCLTECH	10%	₹74 Cr	580,000
Franklin Technology I Acc USD Investment Fund \| -	8%	₹56 Cr	116,868
Info Edge (India) Ltd (Communication Services) Equity, Since 31 Jan 17 \| NAUKRI	7%	₹47 Cr	73,229
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 18 \| BHARTIARTL	6%	₹41 Cr	600,000
Tech Mahindra Ltd (Technology) Equity, Since 28 Feb 14 \| 532755	5%	₹33 Cr	239,424
Cyient Ltd (Industrials) Equity, Since 31 Dec 06 \| CYIENT	3%	₹21 Cr	200,000
Zomato Ltd (Consumer Cyclical) Equity, Since 31 Jul 21 \| 543320	3%	₹18 Cr	1,322,618
Larsen & Toubro Infotech Ltd (Technology) Equity, Since 30 Apr 19 \| 540005	2%	₹18 Cr	31,000

6. 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 20.5% 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 Oct 21)	₹61.1245 ↓ -0.10 (-0.16 %)
Net Assets (Cr)	₹3,838 on 30 Sep 21
Category	Equity - Global
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆☆☆☆
Risk	High
Expense Ratio	1.59
Sharpe Ratio	1.1
Information Ratio	-0.03
Alpha Ratio	-3.42
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.

Date	Value
30 Sep 16	₹10,000
30 Sep 17	₹11,470
30 Sep 18	₹15,706
30 Sep 19	₹15,365
30 Sep 20	₹22,238
30 Sep 21	₹27,723

Franklin India Feeder - Franklin U S Opportunities Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 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 26 Oct 21

Duration	Returns
1 Month	2.7%
3 Month	3.1%
6 Month	12.8%
1 Year	30.2%
3 Year	27.5%
5 Year	24.4%
10 Year
15 Year
Since launch	20.5%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Mayank Bukrediwala	24 Aug 20	1.1 Yr.

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

Equity Sector Allocation

Sector	Value
Technology	31.79%
Consumer Cyclical	15.19%
Health Care	15.1%
Financial Services	13.58%
Communication Services	8.2%
Real Estate	4.31%
Industrials	3.27%
Consumer Defensive	2.56%
Basic Materials	1.25%
Utility	0.42%

Asset Allocation

Asset Class	Value
Cash	1.25%
Equity	96.39%
Other	2.37%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Franklin US Opportunities I(acc)USD Investment Fund \| -	100%	₹3,838 Cr	6,233,768 ↑ 119,511
Call, Cash & Other Assets Net Current Assets \| -	0%	-₹1 Cr

7. 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 21.2% 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 (26 Oct 21)	₹50.6848 ↑ 0.32 (0.63 %)
Net Assets (Cr)	₹16,076 on 30 Sep 21
Category	Equity - Multi Cap
AMC	PPFAS Asset Management Pvt. Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.97
Sharpe Ratio	5.01
Information Ratio	0.71
Alpha Ratio	27.6
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.

Date	Value
30 Sep 16	₹10,000
30 Sep 17	₹12,022
30 Sep 18	₹13,337
30 Sep 19	₹13,887
30 Sep 20	₹17,215
30 Sep 21	₹27,094

Parag Parikh Long Term Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 Invest Now

Returns for 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 26 Oct 21

Duration	Returns
1 Month	0.9%
3 Month	9.2%
6 Month	28.9%
1 Year	60.1%
3 Year	30.6%
5 Year	21.7%
10 Year
15 Year
Since launch	21.2%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Raj Mehta	27 Jan 16	5.68 Yr.
Rajeev Thakkar	24 May 13	8.36 Yr.
Raunak Onkar	24 May 13	8.36 Yr.

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

Equity Sector Allocation

Sector	Value
Financial Services	30.54%
Technology	19.47%
Consumer Cyclical	14.79%
Communication Services	14.38%
Consumer Defensive	8.4%
Health Care	3.74%
Utility	3.02%

Asset Allocation

Asset Class	Value
Cash	5.65%
Equity	94.35%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bajaj Holdings and Investment Ltd (Financial Services) Equity, Since 31 Oct 16 \| 500490	9%	₹1,390 Cr	2,891,166 ↑ 75,619
ITC Ltd (Consumer Defensive) Equity, Since 31 Mar 20 \| ITC	8%	₹1,351 Cr	57,196,067 ↑ 1,700,000
Alphabet Inc Class A (Communication Services) Equity, Since 31 May 21 \| GOOGL	8%	₹1,325 Cr	66,401 ↑ 7,660
Amazon.com Inc (Consumer Cyclical) Equity, Since 31 Jan 19 \| AMZN	7%	₹1,076 Cr	43,875 ↑ 4,392
Microsoft Corp (Technology) Equity, Since 30 Apr 20 \| MSFT	7%	₹1,061 Cr	502,947 ↑ 72,150
Facebook Inc Class A (Communication Services) Equity, Since 31 Jul 17 \| FB	6%	₹987 Cr	391,226 ↑ 58,920
Indian Energy Exchange Ltd (Financial Services) Equity, Since 31 Jul 20 \| 540750	6%	₹952 Cr	14,735,528
HCL Technologies Ltd (Technology) Equity, Since 31 Jan 21 \| HCLTECH	5%	₹849 Cr	6,637,285
Hero MotoCorp Ltd (Consumer Cyclical) Equity, Since 31 Oct 18 \| HEROMOTOCO	5%	₹793 Cr	2,801,326 ↑ 147,540
Central Depository Services (India) Ltd (Financial Services) Equity, Since 31 Jul 19 \| CDSL	4%	₹619 Cr	4,799,727

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 21.2% 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 (26 Oct 21)	₹102.903 ↑ 1.38 (1.35 %)
Net Assets (Cr)	₹10,191 on 30 Sep 21
Category	Equity - Small Cap
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.97
Sharpe Ratio	3.47
Information Ratio	-0.02
Alpha Ratio	-6.84
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
30 Sep 16	₹10,000
30 Sep 17	₹13,302
30 Sep 18	₹13,490
30 Sep 19	₹14,038
30 Sep 20	₹15,757
30 Sep 21	₹26,924

SBI Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 Invest Now

Returns for 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 26 Oct 21

Duration	Returns
1 Month	3.5%
3 Month	8.5%
6 Month	27.5%
1 Year	75.1%
3 Year	29.6%
5 Year	21.5%
10 Year
15 Year
Since launch	21.2%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
R. Srinivasan	16 Nov 13	7.88 Yr.

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

Equity Sector Allocation

Sector	Value
Industrials	41.69%
Consumer Cyclical	20.22%
Basic Materials	18.79%
Consumer Defensive	7.6%
Financial Services	3.41%
Health Care	3.3%
Technology	0.64%
Communication Services	0.54%

Asset Allocation

Asset Class	Value
Cash	3.64%
Equity	96.19%
Debt	0.17%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Carborundum Universal Ltd (Industrials) Equity, Since 31 May 19 \| 513375	4%	₹451 Cr	5,085,952 ↓ -214,048
Hatsun Agro Product Ltd (Consumer Defensive) Equity, Since 31 Jul 17 \| 531531	4%	₹401 Cr	2,846,666
Blue Star Ltd (Industrials) Equity, Since 30 Jun 18 \| BLUESTARCO	4%	₹364 Cr	4,000,000 ↑ 1,100,000
Finolex Industries Ltd (Industrials) Equity, Since 31 Aug 20 \| FINPIPE	3%	₹355 Cr	17,000,000
Elgi Equipments Ltd (Industrials) Equity, Since 31 Dec 13 \| 522074	3%	₹331 Cr	16,129,477 ↓ -168,909
V-Guard Industries Ltd (Industrials) Equity, Since 31 Aug 20 \| 532953	3%	₹327 Cr	12,689,795
Sheela Foam Ltd (Consumer Cyclical) Equity, Since 31 Mar 19 \| 540203	3%	₹311 Cr	1,330,000
JK Cement Ltd (Basic Materials) Equity, Since 31 Oct 18 \| JKCEMENT	3%	₹311 Cr	1,000,000
Navin Fluorine International Ltd (Basic Materials) Equity, Since 31 Mar 20 \| 532504	3%	₹291 Cr	790,000
Rossari Biotech Ltd Ordinary Shares (Basic Materials) Equity, Since 31 Jul 20 \| 543213	3%	₹291 Cr	2,016,798

9. Mirae Asset Tax Saver Fund

The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.

Mirae Asset Tax Saver Fund is a Equity - ELSS fund was launched on 28 Dec 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 22.2% since its launch. Return for 2020 was 21.5% , 2019 was 14.1% and 2018 was -2.3% .

Below is the key information for Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund Growth
Launch Date	28 Dec 15
NAV (26 Oct 21)	₹32.21 ↑ 0.30 (0.93 %)
Net Assets (Cr)	₹9,832 on 30 Sep 21
Category	Equity - ELSS
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.4
Sharpe Ratio	3.77
Information Ratio	1.48
Alpha Ratio	8.07
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 16	₹10,000
30 Sep 17	₹12,717
30 Sep 18	₹13,562
30 Sep 19	₹14,761
30 Sep 20	₹15,789
30 Sep 21	₹25,942

Mirae Asset Tax Saver Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 Invest Now

Returns for Mirae Asset Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Oct 21

Duration	Returns
1 Month	2.7%
3 Month	12.2%
6 Month	27.7%
1 Year	63.8%
3 Year	28%
5 Year	20.9%
10 Year
15 Year
Since launch	22.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	21.5%
2019	14.1%
2018	-2.3%
2017	47.9%
2016	14.8%
2015
2014
2013
2012
2011

Fund Manager information for Mirae Asset Tax Saver Fund

Name	Since	Tenure
Neelesh Surana	28 Dec 15	5.76 Yr.

Data below for Mirae Asset Tax Saver Fund as on 30 Sep 21

Equity Sector Allocation

Sector	Value
Financial Services	37.88%
Basic Materials	12.17%
Technology	11.76%
Consumer Cyclical	9.01%
Industrials	7.87%
Health Care	6.74%
Consumer Defensive	3.88%
Communication Services	3.14%
Utility	1.56%
Energy	1.03%

Asset Allocation

Asset Class	Value
Cash	0.53%
Equity	99.47%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| HDFCBANK	8%	₹829 Cr	5,194,722 ↑ 215,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| ICICIBANK	7%	₹646 Cr	9,213,912 ↓ -125,000
Infosys Ltd (Technology) Equity, Since 31 Dec 15 \| INFY	6%	₹588 Cr	3,511,693
Reliance Industries Limited Equity, Since 30 Jun 21 \| -	4%	₹429 Cr	2,293,304 ↓ -40,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Jan 18 \| 532215	4%	₹421 Cr	5,486,266
State Bank of India (Financial Services) Equity, Since 31 Dec 15 \| SBIN	4%	₹385 Cr	8,503,799 ↑ 345,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Dec 15 \| TCS	4%	₹377 Cr	999,826
Bharti Airtel Ltd (Communication Services) Equity, Since 31 May 20 \| BHARTIARTL	3%	₹309 Cr	4,491,889
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 31 Dec 15 \| MARUTI	2%	₹232 Cr	316,091 ↑ 51,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 30 Apr 17 \| HDFC	2%	₹221 Cr	801,263 ↓ -35,000

10. Axis Mid Cap Fund

To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of mid size companies. The focus of the fund would be to invest in relatively larger companies within this category.

Axis Mid Cap Fund is a Equity - Mid Cap fund was launched on 18 Feb 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20% since its launch. Ranked 41 in Mid Cap category. Return for 2020 was 26% , 2019 was 11.3% and 2018 was 3.5% .

Below is the key information for Axis Mid Cap Fund

Axis Mid Cap Fund Growth
Launch Date	18 Feb 11
NAV (26 Oct 21)	₹70.09 ↑ 1.00 (1.45 %)
Net Assets (Cr)	₹15,395 on 30 Sep 21
Category	Equity - Mid Cap
AMC	Axis Asset Management Company Limited
Rating	☆
Risk	Moderately High
Expense Ratio	1.91
Sharpe Ratio	3.6
Information Ratio	0.59
Alpha Ratio	4.17
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Sep 16	₹10,000
30 Sep 17	₹11,427
30 Sep 18	₹12,806
30 Sep 19	₹14,087
30 Sep 20	₹15,816
30 Sep 21	₹25,622

Axis Mid Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 Invest Now

Returns for Axis Mid 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 26 Oct 21

Duration	Returns
1 Month	0.5%
3 Month	11%
6 Month	28.9%
1 Year	66.1%
3 Year	29%
5 Year	20.9%
10 Year
15 Year
Since launch	20%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	26%
2019	11.3%
2018	3.5%
2017	42%
2016	-3.1%
2015	0.8%
2014	76.5%
2013	4.1%
2012	52.6%
2011

Fund Manager information for Axis Mid Cap Fund

Name	Since	Tenure
Shreyash Devalkar	23 Nov 16	4.86 Yr.
Hitesh Das	18 Dec 20	0.79 Yr.

Data below for Axis Mid Cap Fund as on 30 Sep 21

Equity Sector Allocation

Sector	Value
Financial Services	17.51%
Technology	15.58%
Consumer Cyclical	15.4%
Industrials	15.01%
Basic Materials	10.28%
Health Care	7.91%
Consumer Defensive	5.66%
Utility	4.2%
Communication Services	2.28%

Asset Allocation

Asset Class	Value
Cash	4.75%
Equity	95.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Cholamandalam Investment and Finance Co Ltd (Financial Services) Equity, Since 29 Feb 16 \| CHOLAFIN	4%	₹639 Cr	11,323,500
Coforge Ltd (Technology) Equity, Since 31 May 20 \| 532541	4%	₹589 Cr	1,123,713
MindTree Ltd (Technology) Equity, Since 31 Dec 19 \| 532819	4%	₹540 Cr	1,286,323
ICICI Bank Ltd (Financial Services) Equity, Since 30 Sep 19 \| ICICIBANK	4%	₹539 Cr	7,695,000
Bajaj Finance Ltd (Financial Services) Equity, Since 30 Jun 17 \| 500034	3%	₹510 Cr	665,000
Astral Ltd (Industrials) Equity, Since 30 Nov 17 \| ASTRAL	3%	₹507 Cr	2,344,974
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical) Equity, Since 30 Jun 20 \| CROMPTON	3%	₹496 Cr	10,359,953
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 18 \| HDFCBANK	3%	₹495 Cr	3,105,500
PI Industries Ltd (Basic Materials) Equity, Since 31 Mar 19 \| PIIND	3%	₹495 Cr	1,557,136
Mphasis Ltd (Technology) Equity, Since 30 Apr 18 \| 526299	3%	₹456 Cr	1,470,000

How to Choose Best SIP Investment?

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.