Table of Contents
Top 10 Funds
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.
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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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 Below is the key information for Nippon India Small Cap Fund Returns up to 1 year are on The Scheme seeks to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of infrastructure companies. However, there can be no assurance that the investment objective of the Scheme will be achieved. Invesco India Infrastructure Fund is a Equity - Sectoral fund was launched on 21 Nov 07. It is a fund with High risk and has given a Below is the key information for Invesco India Infrastructure Fund Returns up to 1 year are on To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. 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. Invesco India PSU Equity Fund is a Equity - Sectoral fund was launched on 18 Nov 09. It is a fund with High risk and has given a Below is the key information for Invesco India PSU Equity Fund Returns up to 1 year are on To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure development and balance in debt securities and money market instruments. ICICI Prudential Infrastructure Fund is a Equity - Sectoral fund was launched on 31 Aug 05. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Infrastructure Fund Returns up to 1 year are on (Erstwhile Reliance Diversified Power Sector Fund) The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in the power sector. Nippon India Power and Infra Fund is a Equity - Sectoral fund was launched on 8 May 04. It is a fund with High risk and has given a Below is the key information for Nippon India Power and Infra Fund Returns up to 1 year are on (Erstwhile Motilal Oswal MOSt Focused Midcap 30 Fund) The investment objective of the Scheme is to achieve long term capital appreciation by investing in a maximum of 30 quality mid-cap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Midcap 30 Fund is a Equity - Mid Cap fund was launched on 24 Feb 14. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Midcap 30 Fund Returns up to 1 year are on The Scheme seeks to generate long term capital appreciation through a portfolio of predominantly equity and equity related securities of companies engaged in manufacturing and infrastructure and related sectors. Further, there can be no assurance that the investment objectives of the scheme will be realized. The Scheme is not providing any assured or guaranteed returns BOI AXA Manufacturing and Infrastructure Fund is a Equity - Sectoral fund was launched on 5 Mar 10. It is a fund with High risk and has given a Below is the key information for BOI AXA Manufacturing and Infrastructure Fund Returns up to 1 year are on (Erstwhile Kotak Midcap Scheme) The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities. Kotak Small Cap Fund is a Equity - Small Cap fund was launched on 24 Feb 05. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Small Cap Fund Returns up to 1 year are on To generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the government and/or continuing investments in infrastructure, both by the public and private sector. DSP BlackRock India T.I.G.E.R Fund is a Equity - Sectoral fund was launched on 11 Jun 04. It is a fund with High risk and has given a Below is the key information for DSP BlackRock India T.I.G.E.R Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Indo Asia Equity Fund) ICICI Prudential Indo Asia Equity Fund is an OE equity scheme that seeks to generate long term capital appreciation by investing in equity, equity related securities and or share classes/units of equity funds of companies, which are incorporated or have their area of primary activity, in the Asia Pacific region. Initially the Scheme will invest in share classes of International Opportunities Fund Asian Equity Fund and thereafter the Fund Manager of the Indo Asia Equity Fund may choose to make investment in listed equity shares, securities in the Asia Pacific region. However, there can be no assurance that the investment objective of the Scheme will be realized. ICICI Prudential Smallcap Fund is a Equity - Small Cap fund was launched on 18 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Smallcap Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Nippon India Small Cap Fund Growth ₹150.856
↑ 0.88 ₹45,749 100 7.9 25.9 60 36 30.3 48.9 Invesco India Infrastructure Fund Growth ₹57.1
↑ 0.67 ₹961 500 13.2 41.8 74.5 36.3 27.6 51.1 Invesco India PSU Equity Fund Growth ₹57.93
↑ 0.75 ₹859 500 17.2 52.7 86.5 39.8 27.5 54.5 ICICI Prudential Infrastructure Fund Growth ₹171.84
↑ 1.20 ₹5,186 100 14.6 39.8 66.4 42.7 27.4 44.6 Nippon India Power and Infra Fund Growth ₹322.65
↑ 2.14 ₹4,529 100 13.8 42.2 80.9 40 26.8 58 Motilal Oswal Midcap 30 Fund Growth ₹81.999
↓ -0.27 ₹8,987 500 10.9 33.7 62.7 37.7 26.6 41.7 BOI AXA Manufacturing and Infrastructure Fund Growth ₹50.69
↑ 0.56 ₹256 1,000 12.4 35.5 65.3 32.6 26.6 44.7 Kotak Small Cap Fund Growth ₹230.323
↑ 1.35 ₹13,882 1,000 4.5 18.9 41.8 24.7 26.5 34.8 DSP BlackRock India T.I.G.E.R Fund Growth ₹286.687
↑ 3.09 ₹3,364 500 15.9 40.4 74.8 38.6 26 49 ICICI Prudential Smallcap Fund Growth ₹78.47
↑ 0.51 ₹7,173 100 4 18.6 45.6 29.9 25.9 37.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Apr 24 Assets >= 200 Crore
& Sorted on 5 Year Return
.
1. Nippon India Small Cap Fund
CAGR/Annualized
return of 22.1% since its launch. Ranked 6 in Small Cap
category. Return for 2023 was 48.9% , 2022 was 6.5% and 2021 was 74.3% . Nippon India Small Cap Fund
Growth Launch Date 16 Sep 10 NAV (24 Apr 24) ₹150.856 ↑ 0.88 (0.59 %) Net Assets (Cr) ₹45,749 on 31 Mar 24 Category Equity - Small Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.82 Sharpe Ratio 3.32 Information Ratio 0.93 Alpha Ratio 6.47 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 31 Mar 19 ₹10,000 31 Mar 20 ₹6,750 31 Mar 21 ₹14,676 31 Mar 22 ₹21,150 31 Mar 23 ₹22,557 31 Mar 24 ₹35,036 Returns for Nippon India Small Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 8.4% 3 Month 7.9% 6 Month 25.9% 1 Year 60% 3 Year 36% 5 Year 30.3% 10 Year 15 Year Since launch 22.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 48.9% 2022 6.5% 2021 74.3% 2020 29.2% 2019 -2.5% 2018 -16.7% 2017 63% 2016 5.6% 2015 15.1% 2014 97.6% Fund Manager information for Nippon India Small Cap Fund
Name Since Tenure Samir Rachh 2 Jan 17 7.25 Yr. Kinjal Desai 25 May 18 5.86 Yr. Tejas Sheth 1 Feb 23 1.16 Yr. Data below for Nippon India Small Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 31.05% Financial Services 14.03% Consumer Cyclical 11.65% Basic Materials 10.44% Technology 8.9% Health Care 7.7% Consumer Defensive 7.31% Communication Services 1.71% Energy 1.07% Utility 0.86% Real Estate 0.33% Asset Allocation
Asset Class Value Cash 4.38% Equity 95.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 30 Apr 18 | TIINDIA2% ₹1,020 Cr 2,924,163
↓ -343,396 Voltamp Transformers Ltd (Industrials)
Equity, Since 30 Sep 16 | VOLTAMP2% ₹761 Cr 864,398 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK2% ₹723 Cr 5,150,000 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 28 Feb 21 | MCX2% ₹697 Cr 1,851,010 Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS1% ₹675 Cr 1,080,116 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Jun 19 | HAL1% ₹610 Cr 1,977,076
↑ 500,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 19 | SBIN1% ₹606 Cr 8,100,000 NIIT Learning Systems Ltd (Consumer Defensive)
Equity, Since 30 Jun 23 | 5439521% ₹593 Cr 11,420,240 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | 5900031% ₹584 Cr 31,784,062 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 30 Sep 22 | 5001031% ₹569 Cr 25,000,000 2. Invesco India Infrastructure Fund
CAGR/Annualized
return of 11.2% since its launch. Ranked 24 in Sectoral
category. Return for 2023 was 51.1% , 2022 was 2.3% and 2021 was 55.4% . Invesco India Infrastructure Fund
Growth Launch Date 21 Nov 07 NAV (24 Apr 24) ₹57.1 ↑ 0.67 (1.19 %) Net Assets (Cr) ₹961 on 31 Mar 24 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.49 Sharpe Ratio 3.65 Information Ratio 0 Alpha Ratio 0 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 31 Mar 19 ₹10,000 31 Mar 20 ₹7,905 31 Mar 21 ₹13,511 31 Mar 22 ₹17,789 31 Mar 23 ₹18,787 31 Mar 24 ₹31,730 Returns for Invesco India Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 7.1% 3 Month 13.2% 6 Month 41.8% 1 Year 74.5% 3 Year 36.3% 5 Year 27.6% 10 Year 15 Year Since launch 11.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 51.1% 2022 2.3% 2021 55.4% 2020 16.2% 2019 6.1% 2018 -15.8% 2017 48.1% 2016 0.8% 2015 -2.6% 2014 83.6% Fund Manager information for Invesco India Infrastructure Fund
Name Since Tenure Amit Nigam 3 Sep 20 3.58 Yr. Data below for Invesco India Infrastructure Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 46.67% Utility 24.3% Basic Materials 9.52% Health Care 4.04% Energy 3.63% Consumer Cyclical 3.1% Financial Services 2.58% Technology 1.65% Communication Services 1.26% Real Estate 1.14% Asset Allocation
Asset Class Value Cash 2.12% Equity 97.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity Power Grid Corp Of India Ltd (Utilities)
Equity, Since 30 Apr 22 | 5328987% ₹63 Cr 2,234,017 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT7% ₹59 Cr 169,760 Gujarat State Petronet Ltd (Utilities)
Equity, Since 30 Nov 22 | 5327024% ₹39 Cr 1,061,584 Tata Power Co Ltd (Utilities)
Equity, Since 31 Jan 21 | 5004004% ₹38 Cr 1,019,084 GAIL (India) Ltd (Utilities)
Equity, Since 31 Jan 23 | 5321554% ₹35 Cr 1,946,687 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Nov 17 | BEL4% ₹33 Cr 1,623,224 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Jan 23 | 5005474% ₹33 Cr 543,643
↑ 35,819 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Mar 17 | CONCOR3% ₹31 Cr 312,742
↑ 48,027 Thermax Ltd (Industrials)
Equity, Since 30 Jun 21 | THERMAX3% ₹28 Cr 76,244
↑ 507 NHPC Ltd (Utilities)
Equity, Since 30 Jun 23 | NHPC3% ₹27 Cr 3,039,056 3. Invesco India PSU Equity Fund
CAGR/Annualized
return of 12.9% since its launch. Ranked 33 in Sectoral
category. Return for 2023 was 54.5% , 2022 was 20.5% and 2021 was 31.1% . Invesco India PSU Equity Fund
Growth Launch Date 18 Nov 09 NAV (24 Apr 24) ₹57.93 ↑ 0.75 (1.31 %) Net Assets (Cr) ₹859 on 31 Mar 24 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.46 Sharpe Ratio 3.07 Information Ratio -1.18 Alpha Ratio -0.44 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 31 Mar 19 ₹10,000 31 Mar 20 ₹8,584 31 Mar 21 ₹12,144 31 Mar 22 ₹14,910 31 Mar 23 ₹16,919 31 Mar 24 ₹31,021 Returns for Invesco India PSU Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 7.5% 3 Month 17.2% 6 Month 52.7% 1 Year 86.5% 3 Year 39.8% 5 Year 27.5% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 54.5% 2022 20.5% 2021 31.1% 2020 6.1% 2019 10.1% 2018 -16.9% 2017 24.3% 2016 17.9% 2015 2.5% 2014 54.5% Fund Manager information for Invesco India PSU Equity Fund
Name Since Tenure Dhimant Kothari 19 May 20 3.87 Yr. Data below for Invesco India PSU Equity Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Utility 27.18% Industrials 25.7% Financial Services 25.62% Energy 19.79% Asset Allocation
Asset Class Value Cash 1.71% Equity 98.29% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL9% ₹78 Cr 3,801,222
↑ 62,232 NTPC Ltd (Utilities)
Equity, Since 31 May 19 | 5325559% ₹76 Cr 2,254,157
↑ 16,754 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN9% ₹73 Cr 975,626
↓ -5,256 Coal India Ltd (Energy)
Equity, Since 31 Aug 23 | COALINDIA8% ₹67 Cr 1,526,429
↓ -106,386 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | 5328987% ₹60 Cr 2,126,667
↑ 477,183 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 18 | 5005476% ₹50 Cr 833,087 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | HAL6% ₹49 Cr 157,644 NHPC Ltd (Utilities)
Equity, Since 31 Oct 22 | NHPC6% ₹48 Cr 5,435,618
↑ 144,875 Bank of Baroda (Financial Services)
Equity, Since 30 Jun 21 | 5321345% ₹38 Cr 1,431,527 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Mar 17 | CONCOR4% ₹38 Cr 386,333 4. ICICI Prudential Infrastructure Fund
CAGR/Annualized
return of 16.5% since its launch. Ranked 27 in Sectoral
category. Return for 2023 was 44.6% , 2022 was 28.8% and 2021 was 50.1% . ICICI Prudential Infrastructure Fund
Growth Launch Date 31 Aug 05 NAV (24 Apr 24) ₹171.84 ↑ 1.20 (0.70 %) Net Assets (Cr) ₹5,186 on 31 Mar 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.22 Sharpe Ratio 3.64 Information Ratio 0 Alpha Ratio 0 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 31 Mar 19 ₹10,000 31 Mar 20 ₹6,301 31 Mar 21 ₹11,765 31 Mar 22 ₹15,945 31 Mar 23 ₹19,470 31 Mar 24 ₹31,799 Returns for ICICI Prudential Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 6.1% 3 Month 14.6% 6 Month 39.8% 1 Year 66.4% 3 Year 42.7% 5 Year 27.4% 10 Year 15 Year Since launch 16.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 44.6% 2022 28.8% 2021 50.1% 2020 3.6% 2019 2.6% 2018 -14% 2017 40.8% 2016 2% 2015 -3.4% 2014 56.2% Fund Manager information for ICICI Prudential Infrastructure Fund
Name Since Tenure Ihab Dalwai 3 Jun 17 6.83 Yr. Sharmila D’mello 30 Jun 22 1.76 Yr. Data below for ICICI Prudential Infrastructure Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 29.05% Financial Services 17.86% Basic Materials 16.1% Utility 14.25% Energy 8.84% Communication Services 2.24% Real Estate 2.05% Consumer Cyclical 1.86% Asset Allocation
Asset Class Value Cash 6.85% Equity 92.26% Debt 0.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325557% ₹359 Cr 10,712,000
↓ -600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT5% ₹264 Cr 760,393
↑ 39,900 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK5% ₹241 Cr 2,290,000
↑ 100,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK5% ₹239 Cr 1,699,500
↑ 760,000 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL4% ₹178 Cr 1,844,988
↓ -18,016 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC3% ₹170 Cr 6,900,000
↓ -758,244 Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Aug 23 | GRASIM3% ₹162 Cr 739,601 Gujarat Gas Ltd (Utilities)
Equity, Since 31 Jan 23 | GUJGASLTD3% ₹161 Cr 2,844,446 Cummins India Ltd (Industrials)
Equity, Since 31 May 17 | 5004802% ₹114 Cr 415,782 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | 5003122% ₹113 Cr 4,257,800
↓ -577,500 5. Nippon India Power and Infra Fund
CAGR/Annualized
return of 19% since its launch. Ranked 13 in Sectoral
category. Return for 2023 was 58% , 2022 was 10.9% and 2021 was 48.9% . Nippon India Power and Infra Fund
Growth Launch Date 8 May 04 NAV (24 Apr 24) ₹322.65 ↑ 2.14 (0.67 %) Net Assets (Cr) ₹4,529 on 31 Mar 24 Category Equity - Sectoral AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.23 Sharpe Ratio 3.98 Information Ratio 1.48 Alpha Ratio 11.98 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 31 Mar 19 ₹10,000 31 Mar 20 ₹6,580 31 Mar 21 ₹12,215 31 Mar 22 ₹15,256 31 Mar 23 ₹17,694 31 Mar 24 ₹31,288 Returns for Nippon India Power and Infra Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 6.6% 3 Month 13.8% 6 Month 42.2% 1 Year 80.9% 3 Year 40% 5 Year 26.8% 10 Year 15 Year Since launch 19% Historical performance (Yearly) on absolute basis
Year Returns 2023 58% 2022 10.9% 2021 48.9% 2020 10.8% 2019 -2.9% 2018 -21.1% 2017 61.7% 2016 0.1% 2015 0.3% 2014 50.8% Fund Manager information for Nippon India Power and Infra Fund
Name Since Tenure Sanjay Doshi 2 Jan 17 7.25 Yr. Kinjal Desai 25 May 18 5.86 Yr. Data below for Nippon India Power and Infra Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 37.72% Utility 14.4% Basic Materials 9.78% Energy 8.03% Communication Services 6.62% Consumer Cyclical 6.41% Technology 5.2% Real Estate 4.25% Health Care 1.82% Asset Allocation
Asset Class Value Cash 5.78% Equity 94.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE6% ₹270 Cr 925,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 07 | LT6% ₹261 Cr 750,000
↑ 110,663 Bosch Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | 5005306% ₹239 Cr 83,500 NTPC Ltd (Utilities)
Equity, Since 31 May 09 | 5325556% ₹235 Cr 7,000,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO5% ₹208 Cr 210,000
↑ 10,000 Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Nov 22 | KAYNES5% ₹198 Cr 670,000
↑ 92,352 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 18 | BHARTIARTL4% ₹169 Cr 1,500,000
↑ 150,000 Cyient DLM Ltd (Technology)
Equity, Since 31 Jul 23 | 5439333% ₹137 Cr 1,708,669
↑ 158,099 Honeywell Automation India Ltd (Industrials)
Equity, Since 31 Jan 24 | HONAUT3% ₹137 Cr 36,000
↑ 13,882 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Aug 22 | CONCOR3% ₹125 Cr 1,274,151 6. Motilal Oswal Midcap 30 Fund
CAGR/Annualized
return of 23% since its launch. Ranked 27 in Mid Cap
category. Return for 2023 was 41.7% , 2022 was 10.7% and 2021 was 55.8% . Motilal Oswal Midcap 30 Fund
Growth Launch Date 24 Feb 14 NAV (24 Apr 24) ₹81.999 ↓ -0.27 (-0.33 %) Net Assets (Cr) ₹8,987 on 31 Mar 24 Category Equity - Mid Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.45 Sharpe Ratio 3.98 Information Ratio 1.03 Alpha Ratio 18.76 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 31 Mar 19 ₹10,000 31 Mar 20 ₹7,580 31 Mar 21 ₹12,801 31 Mar 22 ₹17,693 31 Mar 23 ₹19,463 31 Mar 24 ₹31,209 Returns for Motilal Oswal Midcap 30 Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 6.8% 3 Month 10.9% 6 Month 33.7% 1 Year 62.7% 3 Year 37.7% 5 Year 26.6% 10 Year 15 Year Since launch 23% Historical performance (Yearly) on absolute basis
Year Returns 2023 41.7% 2022 10.7% 2021 55.8% 2020 9.3% 2019 9.7% 2018 -12.7% 2017 30.8% 2016 5.2% 2015 16.5% 2014 Fund Manager information for Motilal Oswal Midcap 30 Fund
Name Since Tenure Niket Shah 1 Jul 20 3.75 Yr. Ankush Sood 11 Nov 22 1.39 Yr. Rakesh Shetty 22 Nov 22 1.36 Yr. Data below for Motilal Oswal Midcap 30 Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Technology 21.43% Industrials 20.27% Consumer Cyclical 18.03% Financial Services 10.97% Real Estate 7.82% Basic Materials 4.24% Communication Services 1.86% Health Care 0.7% Asset Allocation
Asset Class Value Cash 14.68% Equity 85.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 23 | 54394011% ₹930 Cr 30,000,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT10% ₹841 Cr 975,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | KALYANKJIL10% ₹814 Cr 20,500,000
↑ 20,500,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 20 | TIINDIA8% ₹706 Cr 2,025,000
↑ 50,000 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Jul 23 | PRESTIGE6% ₹525 Cr 4,500,000 Coforge Ltd (Technology)
Equity, Since 31 Mar 23 | COFORGE6% ₹524 Cr 800,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Mar 21 | 5000935% ₹443 Cr 10,000,000 Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | BALKRISIND5% ₹384 Cr 1,725,000 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 30 Sep 22 | DEEPAKNTR4% ₹360 Cr 1,625,000
↓ -200,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433204% ₹331 Cr 20,000,000
↓ -20,000,000 7. BOI AXA Manufacturing and Infrastructure Fund
CAGR/Annualized
return of 12.2% since its launch. Return for 2023 was 44.7% , 2022 was 3.3% and 2021 was 52.5% . BOI AXA Manufacturing and Infrastructure Fund
Growth Launch Date 5 Mar 10 NAV (24 Apr 24) ₹50.69 ↑ 0.56 (1.12 %) Net Assets (Cr) ₹256 on 31 Mar 24 Category Equity - Sectoral AMC BOI AXA Investment Mngrs Private Ltd Rating Risk High Expense Ratio 2.55 Sharpe Ratio 3.79 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,753 31 Mar 21 ₹14,264 31 Mar 22 ₹18,195 31 Mar 23 ₹19,232 31 Mar 24 ₹30,627 Returns for BOI AXA Manufacturing and Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 8% 3 Month 12.4% 6 Month 35.5% 1 Year 65.3% 3 Year 32.6% 5 Year 26.6% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 44.7% 2022 3.3% 2021 52.5% 2020 28.1% 2019 2.5% 2018 -22.8% 2017 56% 2016 1% 2015 0.3% 2014 54.1% Fund Manager information for BOI AXA Manufacturing and Infrastructure Fund
Name Since Tenure Nitin Gosar 27 Sep 22 1.51 Yr. Data below for BOI AXA Manufacturing and Infrastructure Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 23.22% Consumer Cyclical 15.67% Basic Materials 14.41% Energy 14.05% Health Care 10.1% Utility 6.75% Communication Services 4.31% Real Estate 3.52% Consumer Defensive 2.07% Technology 0.76% Asset Allocation
Asset Class Value Cash 5.1% Equity 94.86% Debt 0.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 20 | RELIANCE8% ₹20 Cr 69,156
↑ 5,968 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 10 | LT7% ₹17 Cr 50,207
↑ 11,302 NTPC Ltd (Utilities)
Equity, Since 31 May 21 | 5325555% ₹12 Cr 370,539 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 30 Nov 23 | HEROMOTOCO4% ₹10 Cr 22,106 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 22 | SUNPHARMA3% ₹8 Cr 47,707
↑ 2,885 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Jan 24 | 5348163% ₹7 Cr 275,782
↑ 50,969 ITD Cementation India Ltd (Industrials)
Equity, Since 31 Dec 22 | 5094962% ₹6 Cr 180,560 Ashok Leyland Ltd (Industrials)
Equity, Since 31 Dec 22 | 5004772% ₹5 Cr 320,461
↑ 20,336 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | MARUTI2% ₹5 Cr 4,816
↓ -1,707 Oil India Ltd (Energy)
Equity, Since 31 Dec 23 | OIL2% ₹5 Cr 99,102
↓ -10,140 8. Kotak Small Cap Fund
CAGR/Annualized
return of 17.8% since its launch. Ranked 23 in Small Cap
category. Return for 2023 was 34.8% , 2022 was -3.1% and 2021 was 70.9% . Kotak Small Cap Fund
Growth Launch Date 24 Feb 05 NAV (24 Apr 24) ₹230.323 ↑ 1.35 (0.59 %) Net Assets (Cr) ₹13,882 on 31 Mar 24 Category Equity - Small Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.48 Sharpe Ratio 2.13 Information Ratio -0.79 Alpha Ratio -6.19 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,291 31 Mar 21 ₹16,607 31 Mar 22 ₹22,660 31 Mar 23 ₹21,802 31 Mar 24 ₹30,166 Returns for Kotak Small Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 6.9% 3 Month 4.5% 6 Month 18.9% 1 Year 41.8% 3 Year 24.7% 5 Year 26.5% 10 Year 15 Year Since launch 17.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 34.8% 2022 -3.1% 2021 70.9% 2020 34.2% 2019 5% 2018 -17.3% 2017 44% 2016 8.9% 2015 7.4% 2014 74% Fund Manager information for Kotak Small Cap Fund
Name Since Tenure Arjun Khanna 30 Apr 22 1.92 Yr. Harish Bihani 20 Oct 23 0.45 Yr. Data below for Kotak Small Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 36.44% Consumer Cyclical 21.46% Basic Materials 17.38% Health Care 7.4% Financial Services 3.54% Consumer Defensive 3.35% Technology 2.9% Real Estate 1.74% Communication Services 0.93% Asset Allocation
Asset Class Value Cash 4.44% Equity 95.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cyient Ltd (Industrials)
Equity, Since 31 Dec 19 | CYIENT4% ₹610 Cr 3,013,563
↑ 6,319 Century Plyboards (India) Ltd (Basic Materials)
Equity, Since 31 Oct 18 | 5325483% ₹448 Cr 6,337,762 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 18 | CARBORUNIV3% ₹428 Cr 4,000,051 Blue Star Ltd (Industrials)
Equity, Since 31 May 18 | BLUESTARCO3% ₹427 Cr 3,364,838
↓ -511,312 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Jan 18 | RATNAMANI3% ₹382 Cr 1,258,764 Alembic Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Jan 22 | APLLTD2% ₹351 Cr 3,441,355
↓ -432,661 Garware Technical Fibres Ltd (Consumer Cyclical)
Equity, Since 30 Jun 21 | GARFIBRES2% ₹322 Cr 885,547 Galaxy Surfactants Ltd (Basic Materials)
Equity, Since 31 Jan 18 | GALAXYSURF2% ₹322 Cr 1,268,161 Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Dec 18 | TECHNOE2% ₹296 Cr 4,184,629 Great Eastern Shipping Co Ltd (Industrials)
Equity, Since 31 Aug 18 | GESHIP2% ₹287 Cr 2,851,787 9. DSP BlackRock India T.I.G.E.R Fund
CAGR/Annualized
return of 18.4% since its launch. Ranked 12 in Sectoral
category. Return for 2023 was 49% , 2022 was 13.9% and 2021 was 51.6% . DSP BlackRock India T.I.G.E.R Fund
Growth Launch Date 11 Jun 04 NAV (24 Apr 24) ₹286.687 ↑ 3.09 (1.09 %) Net Assets (Cr) ₹3,364 on 31 Mar 24 Category Equity - Sectoral AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.24 Sharpe Ratio 3.25 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,593 31 Mar 21 ₹12,010 31 Mar 22 ₹15,471 31 Mar 23 ₹17,444 31 Mar 24 ₹28,755 Returns for DSP BlackRock India T.I.G.E.R Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 10.2% 3 Month 15.9% 6 Month 40.4% 1 Year 74.8% 3 Year 38.6% 5 Year 26% 10 Year 15 Year Since launch 18.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 49% 2022 13.9% 2021 51.6% 2020 2.7% 2019 6.7% 2018 -17.2% 2017 47% 2016 4.1% 2015 0.7% 2014 61.3% Fund Manager information for DSP BlackRock India T.I.G.E.R Fund
Name Since Tenure Rohit Singhania 21 Jun 10 13.79 Yr. Jay Kothari 16 Mar 18 6.05 Yr. Charanjit Singh 1 Jan 21 3.25 Yr. Data below for DSP BlackRock India T.I.G.E.R Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 46.79% Basic Materials 20.22% Technology 6.76% Utility 6.35% Energy 6.09% Consumer Cyclical 4.85% Communication Services 2.9% Real Estate 1.2% Consumer Defensive 0.77% Asset Allocation
Asset Class Value Cash 4.06% Equity 95.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Mar 23 | KIRLOSENG4% ₹132 Cr 1,447,045
↑ 39,608 NTPC Ltd (Utilities)
Equity, Since 30 Nov 17 | 5325554% ₹126 Cr 3,745,599
↓ -398,819 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 04 | LT4% ₹119 Cr 341,272 Siemens Ltd (Industrials)
Equity, Since 30 Nov 18 | 5005503% ₹110 Cr 234,753 Apar Industries Ltd (Industrials)
Equity, Since 31 Dec 22 | APARINDS3% ₹107 Cr 171,817
↓ -352 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Mar 22 | HAL3% ₹102 Cr 329,889 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 19 | RELIANCE3% ₹99 Cr 339,790 Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 Jan 22 | KPIL3% ₹97 Cr 1,001,987
↓ -191,971 Cyient DLM Ltd (Technology)
Equity, Since 30 Jun 23 | 5439332% ₹78 Cr 965,297
↓ -55,148 KFin Technologies Ltd (Technology)
Equity, Since 31 Jan 24 | KFINTECH2% ₹76 Cr 1,103,354 10. ICICI Prudential Smallcap Fund
CAGR/Annualized
return of 13.3% since its launch. Ranked 26 in Small Cap
category. Return for 2023 was 37.9% , 2022 was 5.7% and 2021 was 61% . ICICI Prudential Smallcap Fund
Growth Launch Date 18 Oct 07 NAV (24 Apr 24) ₹78.47 ↑ 0.51 (0.65 %) Net Assets (Cr) ₹7,173 on 31 Mar 24 Category Equity - Small Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.04 Sharpe Ratio 2.37 Information Ratio -0.18 Alpha Ratio -4.4 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 31 Mar 19 ₹10,000 31 Mar 20 ₹7,173 31 Mar 21 ₹14,647 31 Mar 22 ₹20,462 31 Mar 23 ₹21,137 31 Mar 24 ₹29,912 Returns for ICICI Prudential Smallcap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 24 Apr 24 Duration Returns 1 Month 5.4% 3 Month 4% 6 Month 18.6% 1 Year 45.6% 3 Year 29.9% 5 Year 25.9% 10 Year 15 Year Since launch 13.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 37.9% 2022 5.7% 2021 61% 2020 22.8% 2019 10% 2018 -22.4% 2017 42.7% 2016 6% 2015 0.5% 2014 50.6% Fund Manager information for ICICI Prudential Smallcap Fund
Name Since Tenure Anish Tawakley 18 Sep 23 0.54 Yr. Sri Sharma 18 Sep 23 0.54 Yr. Sharmila D’mello 30 Jun 22 1.76 Yr. Data below for ICICI Prudential Smallcap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 26.81% Consumer Cyclical 18.78% Basic Materials 14.86% Financial Services 8.42% Health Care 8.03% Consumer Defensive 4.9% Real Estate 3.35% Technology 2.43% Utility 2.37% Communication Services 2.25% Energy 1.73% Asset Allocation
Asset Class Value Cash 5.52% Equity 94.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 23 | NAM-INDIA3% ₹256 Cr 4,970,796
↓ -270,143 Cummins India Ltd (Industrials)
Equity, Since 30 Sep 23 | 5004803% ₹229 Cr 835,817 Cyient Ltd (Industrials)
Equity, Since 31 Aug 18 | CYIENT3% ₹226 Cr 1,113,643 Rolex Rings Ltd (Industrials)
Equity, Since 31 Jul 21 | 5433252% ₹177 Cr 862,662
↑ 8,357 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 19 | KPIL2% ₹170 Cr 1,762,604
↓ -24,540 Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 23 | 5060762% ₹161 Cr 772,468
↑ 497,762 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 23 | LT2% ₹157 Cr 452,798
↑ 44,600 Brigade Enterprises Ltd (Real Estate)
Equity, Since 30 Sep 16 | 5329292% ₹157 Cr 1,570,577 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | MARUTI2% ₹154 Cr 136,687
↑ 13,800 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Sep 23 | ULTRACEMCO2% ₹145 Cr 146,215
↑ 11,215
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.
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.
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.
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.
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!
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.
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.
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.
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.
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.
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.
A: The SBI Bluechip Fund Regular Growth has shown a five-year growth rate of 5.29%
, which is relatively high.
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.
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.
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.
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helpful to invest in SIP