fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
Top 10 Best Performing SIP Plans 2021 - 2022

Fincash » Mutual Funds » Best SIP Plans India

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.

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.

How Invest in Systematic Investment Plan?

  1. Open Free Investment Account for Lifetime at Fincash.com

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

So, what are you waiting for? Get started with your SIP or Systematic Investment Plan and save better, now!

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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 ₹159.67
↑ 1.30
₹6,319 100 16.346.388.742.332.970.6
TATA Digital India Fund Growth ₹37.6493
↑ 0.33
₹3,469 500 17.743.983.440.732.354.8
Aditya Birla Sun Life Digital India Fund Growth ₹136.23
↑ 1.22
₹2,536 1,000 13.839.47941.531.659
SBI Technology Opportunities Fund Growth ₹151.771
↑ 1.14
₹1,701 500 12.339.174.637.427.747.3
Franklin India Technology Fund Growth ₹347.422
↑ 2.43
₹718 500 10.222.948.931.925.156.8
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹61.1245
↓ -0.10
₹3,838 500 3.112.830.227.524.445.2
Parag Parikh Long Term Equity Fund Growth ₹50.6848
↑ 0.32
₹16,076 1,000 9.228.960.130.621.732.3
SBI Small Cap Fund Growth ₹102.903
↑ 1.38
₹10,191 500 8.527.575.129.621.533.6
Mirae Asset Tax Saver Fund Growth ₹32.21
↑ 0.30
₹9,832 500 12.227.763.82820.921.5
Axis Mid Cap Fund Growth ₹70.09
↑ 1.00
₹15,395 500 1128.966.12920.926
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.

DateValue
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

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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

DurationReturns
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
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 174.22 Yr.
Priyanka Khandelwal8 Jul 201.23 Yr.
Vaibhav Dusad2 May 201.42 Yr.

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

Equity Sector Allocation
SectorValue
Technology75.4%
Communication Services8.78%
Industrials5.98%
Consumer Cyclical0.63%
Consumer Defensive0.33%
Asset Allocation
Asset ClassValue
Cash8.81%
Equity91.19%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
19%₹1,194 Cr7,126,003
↑ 2,038,785
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
9%₹596 Cr4,656,544
↑ 506,377
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 532755
9%₹556 Cr4,024,103
↑ 624,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS
9%₹541 Cr1,431,982
↑ 60,000
Persistent Systems Ltd (Technology)
Equity, Since 31 May 20 | PERSISTENT
5%₹323 Cr870,295
↑ 197,502
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
4%₹222 Cr3,219,821
Mphasis Ltd (Technology)
Equity, Since 30 Jun 20 | 526299
3%₹194 Cr626,156
↑ 290,030
Cyient Ltd (Industrials)
Equity, Since 30 Jun 18 | CYIENT
3%₹174 Cr1,636,094
Coforge Ltd (Technology)
Equity, Since 31 Jul 20 | 532541
2%₹150 Cr286,929
Indian Railway Catering And Tourism Corp Ltd (Industrials)
Equity, Since 31 Dec 20 | 542830
2%₹136 Cr358,571
↓ -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.

DateValue
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

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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

DurationReturns
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
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
Meeta Shetty20 Apr 201.45 Yr.
Venkat Samala26 Nov 200.85 Yr.

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

Equity Sector Allocation
SectorValue
Technology78.44%
Industrials6.99%
Communication Services6.32%
Consumer Cyclical1.85%
Asset Allocation
Asset ClassValue
Cash6.4%
Equity93.6%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
17%₹577 Cr3,446,000
↑ 741,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 16 | TCS
13%₹456 Cr1,208,126
↑ 65,000
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | 532755
10%₹332 Cr2,407,000
↑ 732,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH
9%₹317 Cr2,474,713
↑ 250,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
5%₹188 Cr505,963
↑ 202,000
Mphasis Ltd (Technology)
Equity, Since 30 Sep 20 | 526299
5%₹156 Cr504,000
↑ 99,000
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 28 Feb 21 | 540005
4%₹127 Cr221,044
↑ 57,713
Indian Railway Catering And Tourism Corp Ltd (Industrials)
Equity, Since 31 Dec 20 | 542830
4%₹123 Cr323,816
↓ -80,000
MindTree Ltd (Technology)
Equity, Since 31 Jul 19 | 532819
3%₹113 Cr268,530
↑ 57,530
L&T Technology Services Ltd (Technology)
Equity, Since 31 May 18 | LTTS
3%₹112 Cr238,500

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.

DateValue
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

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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

DurationReturns
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
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 147.71 Yr.

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

Equity Sector Allocation
SectorValue
Technology73.82%
Communication Services15.04%
Industrials6.62%
Consumer Cyclical1.27%
Asset Allocation
Asset ClassValue
Cash3.15%
Equity96.85%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
17%₹436 Cr2,604,816
↑ 294,557
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS
12%₹308 Cr816,472
↑ 78,985
HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH
10%₹245 Cr1,913,931
↑ 50,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 532755
9%₹220 Cr1,589,943
↑ 160,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
7%₹169 Cr2,451,670
↑ 200,000
Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT
4%₹102 Cr955,651
↑ 25,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 13 | PERSISTENT
4%₹97 Cr261,465
↑ 22,139
Just Dial Ltd (Communication Services)
Equity, Since 30 Sep 19 | 535648
3%₹75 Cr758,953
Wipro Ltd (Technology)
Equity, Since 31 Jan 21 | 507685
3%₹68 Cr1,076,888
↑ 87,581
Mphasis Ltd (Technology)
Equity, Since 29 Feb 20 | 526299
3%₹64 Cr207,470
↑ 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.

DateValue
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

   
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 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

DurationReturns
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
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 1110.34 Yr.

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

Equity Sector Allocation
SectorValue
Technology73.81%
Communication Services15.67%
Industrials2.26%
Consumer Cyclical2.1%
Asset Allocation
Asset ClassValue
Cash6.08%
Equity93.92%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
25%₹427 Cr2,547,700
↑ 543,500
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH
10%₹166 Cr1,295,974
↑ 163,500
Alphabet Inc Class A (Communication Services)
Equity, Since 30 Sep 18 | GOOGL
8%₹138 Cr6,895
↑ 820
Tech Mahindra Ltd (Technology)
Equity, Since 31 Aug 15 | 532755
7%₹126 Cr909,735
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 06 | TCS
7%₹124 Cr328,911
↑ 137,500
Microsoft Corp (Technology)
Equity, Since 31 Aug 20 | MSFT
5%₹88 Cr41,590
↑ 11,200
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
5%₹78 Cr1,130,130
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 31 May 20 | 540005
3%₹59 Cr103,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Aug 20 | PERSISTENT
3%₹54 Cr144,100
eClerx Services Ltd (Technology)
Equity, Since 31 Jul 21 | 532927
3%₹49 Cr226,481
↑ 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.

DateValue
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

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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

DurationReturns
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
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 0714.59 Yr.
Varun Sharma30 Nov 155.84 Yr.
Mayank Bukrediwala24 Aug 201.1 Yr.

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

Equity Sector Allocation
SectorValue
Technology64.35%
Communication Services16.22%
Consumer Cyclical7.33%
Industrials2.96%
Financial Services0.57%
Real Estate0.18%
Health Care0.09%
Asset Allocation
Asset ClassValue
Cash7.85%
Equity91.84%
Other0.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
18%₹130 Cr778,984
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 04 | TCS
11%₹79 Cr209,047
HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 14 | HCLTECH
10%₹74 Cr580,000
Franklin Technology I Acc USD
Investment Fund | -
8%₹56 Cr116,868
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jan 17 | NAUKRI
7%₹47 Cr73,229
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL
6%₹41 Cr600,000
Tech Mahindra Ltd (Technology)
Equity, Since 28 Feb 14 | 532755
5%₹33 Cr239,424
Cyient Ltd (Industrials)
Equity, Since 31 Dec 06 | CYIENT
3%₹21 Cr200,000
Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 543320
3%₹18 Cr1,322,618
Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 30 Apr 19 | 540005
2%₹18 Cr31,000

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.

DateValue
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

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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

DurationReturns
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
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 201.1 Yr.

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

Equity Sector Allocation
SectorValue
Technology31.79%
Consumer Cyclical15.19%
Health Care15.1%
Financial Services13.58%
Communication Services8.2%
Real Estate4.31%
Industrials3.27%
Consumer Defensive2.56%
Basic Materials1.25%
Utility0.42%
Asset Allocation
Asset ClassValue
Cash1.25%
Equity96.39%
Other2.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Franklin US Opportunities I(acc)USD
Investment Fund | -
100%₹3,838 Cr6,233,768
↑ 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.

DateValue
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

   
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 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

DurationReturns
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
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 165.68 Yr.
Rajeev Thakkar24 May 138.36 Yr.
Raunak Onkar24 May 138.36 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services30.54%
Technology19.47%
Consumer Cyclical14.79%
Communication Services14.38%
Consumer Defensive8.4%
Health Care3.74%
Utility3.02%
Asset Allocation
Asset ClassValue
Cash5.65%
Equity94.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 31 Oct 16 | 500490
9%₹1,390 Cr2,891,166
↑ 75,619
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 20 | ITC
8%₹1,351 Cr57,196,067
↑ 1,700,000
Alphabet Inc Class A (Communication Services)
Equity, Since 31 May 21 | GOOGL
8%₹1,325 Cr66,401
↑ 7,660
Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Jan 19 | AMZN
7%₹1,076 Cr43,875
↑ 4,392
Microsoft Corp (Technology)
Equity, Since 30 Apr 20 | MSFT
7%₹1,061 Cr502,947
↑ 72,150
Facebook Inc Class A (Communication Services)
Equity, Since 31 Jul 17 | FB
6%₹987 Cr391,226
↑ 58,920
Indian Energy Exchange Ltd (Financial Services)
Equity, Since 31 Jul 20 | 540750
6%₹952 Cr14,735,528
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 21 | HCLTECH
5%₹849 Cr6,637,285
Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | HEROMOTOCO
5%₹793 Cr2,801,326
↑ 147,540
Central Depository Services (India) Ltd (Financial Services)
Equity, Since 31 Jul 19 | CDSL
4%₹619 Cr4,799,727

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.

DateValue
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

   
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 26 Oct 21

DurationReturns
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
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 137.88 Yr.

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

Equity Sector Allocation
SectorValue
Industrials41.69%
Consumer Cyclical20.22%
Basic Materials18.79%
Consumer Defensive7.6%
Financial Services3.41%
Health Care3.3%
Technology0.64%
Communication Services0.54%
Asset Allocation
Asset ClassValue
Cash3.64%
Equity96.19%
Debt0.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Carborundum Universal Ltd (Industrials)
Equity, Since 31 May 19 | 513375
4%₹451 Cr5,085,952
↓ -214,048
Hatsun Agro Product Ltd (Consumer Defensive)
Equity, Since 31 Jul 17 | 531531
4%₹401 Cr2,846,666
Blue Star Ltd (Industrials)
Equity, Since 30 Jun 18 | BLUESTARCO
4%₹364 Cr4,000,000
↑ 1,100,000
Finolex Industries Ltd (Industrials)
Equity, Since 31 Aug 20 | FINPIPE
3%₹355 Cr17,000,000
Elgi Equipments Ltd (Industrials)
Equity, Since 31 Dec 13 | 522074
3%₹331 Cr16,129,477
↓ -168,909
V-Guard Industries Ltd (Industrials)
Equity, Since 31 Aug 20 | 532953
3%₹327 Cr12,689,795
Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 31 Mar 19 | 540203
3%₹311 Cr1,330,000
JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 18 | JKCEMENT
3%₹311 Cr1,000,000
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Mar 20 | 532504
3%₹291 Cr790,000
Rossari Biotech Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Jul 20 | 543213
3%₹291 Cr2,016,798

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.

DateValue
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

   
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 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Neelesh Surana28 Dec 155.76 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services37.88%
Basic Materials12.17%
Technology11.76%
Consumer Cyclical9.01%
Industrials7.87%
Health Care6.74%
Consumer Defensive3.88%
Communication Services3.14%
Utility1.56%
Energy1.03%
Asset Allocation
Asset ClassValue
Cash0.53%
Equity99.47%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹829 Cr5,194,722
↑ 215,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹646 Cr9,213,912
↓ -125,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
6%₹588 Cr3,511,693
Reliance Industries Limited
Equity, Since 30 Jun 21 | -
4%₹429 Cr2,293,304
↓ -40,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
4%₹421 Cr5,486,266
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
4%₹385 Cr8,503,799
↑ 345,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹377 Cr999,826
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹309 Cr4,491,889
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Dec 15 | MARUTI
2%₹232 Cr316,091
↑ 51,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC
2%₹221 Cr801,263
↓ -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.

DateValue
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

   
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 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

DurationReturns
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
YearReturns
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
NameSinceTenure
Shreyash Devalkar23 Nov 164.86 Yr.
Hitesh Das18 Dec 200.79 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services17.51%
Technology15.58%
Consumer Cyclical15.4%
Industrials15.01%
Basic Materials10.28%
Health Care7.91%
Consumer Defensive5.66%
Utility4.2%
Communication Services2.28%
Asset Allocation
Asset ClassValue
Cash4.75%
Equity95.25%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 29 Feb 16 | CHOLAFIN
4%₹639 Cr11,323,500
Coforge Ltd (Technology)
Equity, Since 31 May 20 | 532541
4%₹589 Cr1,123,713
MindTree Ltd (Technology)
Equity, Since 31 Dec 19 | 532819
4%₹540 Cr1,286,323
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | ICICIBANK
4%₹539 Cr7,695,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Jun 17 | 500034
3%₹510 Cr665,000
Astral Ltd (Industrials)
Equity, Since 30 Nov 17 | ASTRAL
3%₹507 Cr2,344,974
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Jun 20 | CROMPTON
3%₹496 Cr10,359,953
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | HDFCBANK
3%₹495 Cr3,105,500
PI Industries Ltd (Basic Materials)
Equity, Since 31 Mar 19 | PIIND
3%₹495 Cr1,557,136
Mphasis Ltd (Technology)
Equity, Since 30 Apr 18 | 526299
3%₹456 Cr1,470,000

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.
How helpful was this page ?
Rated 4.4, based on 14 reviews.
POST A COMMENT

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

helpful to invest in SIP

1 - 1 of 1