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Table of Contents
- Why to Invest in a Systematic Investment Plan?
- How Invest in Systematic Investment Plan?
- Best SIP Plans to Invest In FY 24 - 25
- How to Choose Best SIP Investment?
- SIP Calculator (SIP Return Calculator)
- FAQs
- 1. What is a SIP?
- 2. What are the benefits of SIP?
- 3. Who can invest in SIP?
- 4. What are the steps to invest in SIP in offline mode?
- 5. Why should I invest in ICICI Prudential Technology Fund?
- 6. Why should I invest in SBI Bluechip Fund Regular Growth?
- 7. What should you consider while investing in SIP?
- 8. Is KYC important for SIP?
- 9. Do SIPs have a minimum investment requirement?
Top 10 Funds
- Nippon India Small Cap Fund
- Motilal Oswal Midcap 30 Fund
- ICICI Prudential Infrastructure Fund
- Kotak Small Cap Fund
- Invesco India Infrastructure Fund
- Nippon India Power and Infra Fund
- DSP BlackRock Small Cap Fund
- L&T Emerging Businesses Fund
- IDFC Infrastructure Fund
- BOI AXA Manufacturing and Infrastructure Fund
Best Performing SIP Plans in India 2024
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.
How Invest in Systematic Investment Plan?
Open Free Investment Account for Lifetime at Fincash.com
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
So, what are you waiting for? Get started with your SIP or Systematic Investment Plan and save better, now!
Talk to our investment specialist
Best SIP Plans to Invest In FY 24 - 25
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 (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 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 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 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 (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 DSP BlackRock Micro Cap Fund) The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of small cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized DSP BlackRock Small Cap Fund is a Equity - Small Cap fund was launched on 14 Jun 07. It is a fund with Moderately High risk and has given a Below is the key information for DSP BlackRock Small Cap Fund Returns up to 1 year are on To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a Below is the key information for L&T Emerging Businesses Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. However, there can be no assurance that the investment objective of the scheme will be realized. IDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 8 Mar 11. It is a fund with High risk and has given a Below is the key information for IDFC Infrastructure 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 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 ₹182.959
↑ 0.83 ₹61,000 100 6 26.8 49.2 31.1 37.7 48.9 Motilal Oswal Midcap 30 Fund Growth ₹108.702
↑ 1.16 ₹15,940 500 13.1 35.9 73.7 37.2 33.9 41.7 ICICI Prudential Infrastructure Fund Growth ₹202.73
↑ 0.27 ₹6,143 100 6.4 20.8 61.2 36.1 33.3 44.6 Kotak Small Cap Fund Growth ₹290.417
↑ 1.75 ₹17,639 1,000 8.6 31.3 46.2 21.7 33.2 34.8 Invesco India Infrastructure Fund Growth ₹68.72
↑ 0.18 ₹1,660 500 1.7 23.6 66 31.3 33 51.1 Nippon India Power and Infra Fund Growth ₹380.755
↑ 0.12 ₹7,638 100 2.2 21.4 63.6 34.9 32.4 58 DSP BlackRock Small Cap Fund Growth ₹204.582
↑ 0.78 ₹16,572 500 9.1 27.7 41.4 24.5 32.4 41.2 L&T Emerging Businesses Fund Growth ₹90.1293
↑ 0.67 ₹16,905 500 4.9 26.7 45.5 28 32.3 46.1 IDFC Infrastructure Fund Growth ₹56.339
↑ 0.16 ₹1,965 100 2.5 27.6 72.8 33.6 32.1 50.3 BOI AXA Manufacturing and Infrastructure Fund Growth ₹60
↓ -0.07 ₹503 1,000 5.2 23.1 56 29.5 32.1 44.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Oct 24 Assets >= 200 Crore & Sorted on 5 Year Return.
1. Nippon India Small Cap Fund
CAGR/Annualized return of 23% 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 (01 Oct 24) ₹182.959 ↑ 0.83 (0.46 %) Net Assets (Cr) ₹61,000 on 31 Aug 24 Category Equity - Small Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.55 Sharpe Ratio 2.47 Information Ratio 0.74 Alpha Ratio 6.23 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 19 ₹10,000 30 Sep 20 ₹11,234 30 Sep 21 ₹21,613 30 Sep 22 ₹24,139 30 Sep 23 ₹32,681 30 Sep 24 ₹48,529 Returns for Nippon India Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 1.6% 3 Month 6% 6 Month 26.8% 1 Year 49.2% 3 Year 31.1% 5 Year 37.7% 10 Year 15 Year Since launch 23% 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 7.67 Yr. Kinjal Desai 25 May 18 6.28 Yr. Data below for Nippon India Small Cap Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 28.2% Financial Services 13.71% Basic Materials 11.6% Consumer Cyclical 11.47% Technology 9.67% Consumer Defensive 8.27% Health Care 7.28% Utility 1.72% Communication Services 1.6% Energy 0.99% Real Estate 0.3% Asset Allocation
Asset Class Value Cash 4.05% Equity 95.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | 5001802% ₹1,089 Cr 6,650,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 30 Apr 18 | 5407622% ₹1,007 Cr 2,499,222 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 28 Feb 21 | MCX2% ₹959 Cr 1,851,010 Voltamp Transformers Ltd (Industrials)
Equity, Since 30 Sep 16 | 5327572% ₹917 Cr 650,444
↓ -21,824 Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS1% ₹870 Cr 949,271
↓ -15,845 Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Oct 12 | 5002411% ₹807 Cr 4,467,006
↑ 82,930 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 30 Sep 22 | 5001031% ₹799 Cr 27,500,000 Tejas Networks Ltd (Technology)
Equity, Since 30 Jun 17 | TEJASNET1% ₹760 Cr 5,763,697 NLC India Ltd (Utilities)
Equity, Since 31 Oct 22 | 5136831% ₹748 Cr 27,190,940 State Bank of India (Financial Services)
Equity, Since 31 Oct 19 | 5001121% ₹742 Cr 9,100,000
↑ 1,000,000 2. Motilal Oswal Midcap 30 Fund
CAGR/Annualized return of 25.2% 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 (01 Oct 24) ₹108.702 ↑ 1.16 (1.08 %) Net Assets (Cr) ₹15,940 on 31 Aug 24 Category Equity - Mid Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.66 Sharpe Ratio 2.94 Information Ratio 1.11 Alpha Ratio 15.07 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 19 ₹10,000 30 Sep 20 ₹9,728 30 Sep 21 ₹16,314 30 Sep 22 ₹20,069 30 Sep 23 ₹24,293 30 Sep 24 ₹41,736 Returns for Motilal Oswal Midcap 30 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 6.6% 3 Month 13.1% 6 Month 35.9% 1 Year 73.7% 3 Year 37.2% 5 Year 33.9% 10 Year 15 Year Since launch 25.2% 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 4.17 Yr. Rakesh Shetty 22 Nov 22 1.78 Yr. Sunil Sawant 1 Jul 24 0.17 Yr. Data below for Motilal Oswal Midcap 30 Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 23.28% Technology 20.63% Consumer Cyclical 17.61% Financial Services 6.64% Health Care 4.4% Basic Materials 4.29% Real Estate 1.43% Asset Allocation
Asset Class Value Cash 21.72% Equity 78.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | KALYANKJIL10% ₹1,538 Cr 25,000,000
↑ 5,750,000 Polycab India Ltd (Industrials)
Equity, Since 30 Sep 23 | POLYCAB9% ₹1,431 Cr 2,100,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT9% ₹1,403 Cr 2,713,800
↓ -36,200 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 23 | 5439407% ₹1,058 Cr 32,900,000
↓ -600,000 Coforge Ltd (Technology)
Equity, Since 31 Mar 23 | COFORGE6% ₹1,015 Cr 1,600,000
↑ 100,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 20 | 5407626% ₹907 Cr 2,250,000
↑ 100,000 Voltas Ltd (Industrials)
Equity, Since 31 Oct 17 | 5005755% ₹872 Cr 5,000,000
↑ 2,000,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433204% ₹639 Cr 25,500,000
↑ 500,000 Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | 5023554% ₹630 Cr 2,225,998
↓ -24,002 KPIT Technologies Ltd (Technology)
Equity, Since 31 Jan 23 | KPITTECH3% ₹545 Cr 3,000,000 3. ICICI Prudential Infrastructure Fund
CAGR/Annualized return of 17.1% 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 (01 Oct 24) ₹202.73 ↑ 0.27 (0.13 %) Net Assets (Cr) ₹6,143 on 31 Aug 24 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.22 Sharpe Ratio 3.45 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 30 Sep 19 ₹10,000 30 Sep 20 ₹8,189 30 Sep 21 ₹16,429 30 Sep 22 ₹18,446 30 Sep 23 ₹25,595 30 Sep 24 ₹41,192 Returns for ICICI Prudential Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 3.3% 3 Month 6.4% 6 Month 20.8% 1 Year 61.2% 3 Year 36.1% 5 Year 33.3% 10 Year 15 Year Since launch 17.1% 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 7.25 Yr. Sharmila D’mello 30 Jun 22 2.17 Yr. Data below for ICICI Prudential Infrastructure Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 31.8% Basic Materials 19.84% Financial Services 18.18% Utility 14.58% Energy 5.54% Consumer Cyclical 1.54% Real Estate 1.24% Communication Services 1.05% Asset Allocation
Asset Class Value Cash 5.49% Equity 93.76% Debt 0.75% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | 5005107% ₹413 Cr 1,116,119
↑ 126,119 NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325556% ₹381 Cr 9,165,698 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | 5321744% ₹270 Cr 2,200,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | 5001804% ₹264 Cr 1,610,000 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | 5222874% ₹237 Cr 1,758,276 Gujarat Gas Ltd (Utilities)
Equity, Since 31 Jan 23 | 5393363% ₹200 Cr 3,303,340
↓ -94,737 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | 5002943% ₹195 Cr 6,100,157 JM Financial Ltd (Financial Services)
Equity, Since 31 Oct 21 | 5234053% ₹174 Cr 16,363,241
↑ 4,480,218 Shree Cement Ltd (Basic Materials)
Equity, Since 30 Apr 24 | 5003873% ₹172 Cr 67,622
↑ 43,310 Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 28 Feb 23 | 5433343% ₹166 Cr 4,887,713
↑ 133,664 4. Kotak Small Cap Fund
CAGR/Annualized return of 18.8% 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 (01 Oct 24) ₹290.417 ↑ 1.75 (0.60 %) Net Assets (Cr) ₹17,639 on 31 Aug 24 Category Equity - Small Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio 1.97 Information Ratio -0.72 Alpha Ratio 2.16 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 30 Sep 19 ₹10,000 30 Sep 20 ₹11,391 30 Sep 21 ₹22,858 30 Sep 22 ₹23,660 30 Sep 23 ₹28,407 30 Sep 24 ₹41,275 Returns for Kotak Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 4.2% 3 Month 8.6% 6 Month 31.3% 1 Year 46.2% 3 Year 21.7% 5 Year 33.2% 10 Year 15 Year Since launch 18.8% 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 Harish Bihani 20 Oct 23 0.87 Yr. Data below for Kotak Small Cap Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 33.48% Consumer Cyclical 22.1% Basic Materials 14.52% Health Care 12.47% Financial Services 3.62% Consumer Defensive 3.07% Real Estate 2.51% Communication Services 2.32% Technology 2.15% Asset Allocation
Asset Class Value Cash 3.76% Equity 96.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cyient Ltd (Industrials)
Equity, Since 31 Dec 19 | CYIENT4% ₹628 Cr 3,174,852 Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Dec 18 | 5421413% ₹582 Cr 3,559,792 Century Plyboards (India) Ltd (Basic Materials)
Equity, Since 31 Oct 18 | CENTURYPLY3% ₹500 Cr 6,353,571 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Jan 18 | RATNAMANI3% ₹490 Cr 1,328,764 Blue Star Ltd (Industrials)
Equity, Since 31 May 18 | BLUESTARCO3% ₹487 Cr 2,857,352
↓ -294,224 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 18 | CARBORUNIV2% ₹414 Cr 2,718,155 Krishna Institute of Medical Sciences Ltd (Healthcare)
Equity, Since 31 Dec 23 | 5433082% ₹410 Cr 1,619,386
↑ 8,505 Vijaya Diagnostic Centre Ltd (Healthcare)
Equity, Since 31 Mar 24 | 5433502% ₹400 Cr 4,388,501
↑ 15,342 Sansera Engineering Ltd (Consumer Cyclical)
Equity, Since 30 Sep 21 | 5433582% ₹390 Cr 2,596,496 Great Eastern Shipping Co Ltd (Industrials)
Equity, Since 31 Aug 18 | 5006202% ₹380 Cr 2,851,787 5. Invesco India Infrastructure Fund
CAGR/Annualized return of 12.1% 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 (01 Oct 24) ₹68.72 ↑ 0.18 (0.26 %) Net Assets (Cr) ₹1,660 on 31 Aug 24 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.34 Sharpe Ratio 3.11 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,077 30 Sep 21 ₹18,035 30 Sep 22 ₹18,946 30 Sep 23 ₹24,652 30 Sep 24 ₹40,822 Returns for Invesco India Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 1.9% 3 Month 1.7% 6 Month 23.6% 1 Year 66% 3 Year 31.3% 5 Year 33% 10 Year 15 Year Since launch 12.1% 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 4 Yr. Data below for Invesco India Infrastructure Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 52.03% Utility 14.79% Consumer Cyclical 8.84% Basic Materials 8.16% Health Care 4.23% Energy 2.91% Financial Services 2.46% Technology 1.45% Communication Services 0.97% Asset Allocation
Asset Class Value Cash 3.42% Equity 96.58% Top Securities Holdings / Portfolio
Name Holding Value Quantity Power Grid Corp Of India Ltd (Utilities)
Equity, Since 30 Apr 22 | POWERGRID6% ₹99 Cr 2,943,780
↓ -119,521 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | 5005106% ₹93 Cr 252,200 Jyoti CNC Automation Ltd (Industrials)
Equity, Since 31 Jan 24 | JYOTICNC4% ₹68 Cr 550,844 NTPC Ltd (Utilities)
Equity, Since 31 Dec 23 | 5325553% ₹51 Cr 1,234,119 Suzlon Energy Ltd (Industrials)
Equity, Since 31 Aug 23 | 5326673% ₹49 Cr 6,501,090
↓ -2,046,383 Tata Power Co Ltd (Utilities)
Equity, Since 31 Jan 21 | TATAPOWER3% ₹48 Cr 1,114,602
↑ 95,518 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Jan 23 | 5005473% ₹48 Cr 1,351,085 Indian Railway Catering And Tourism Corp Ltd (Industrials)
Equity, Since 30 Apr 24 | 5428303% ₹48 Cr 516,708
↑ 42,469 Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Dec 23 | 5327253% ₹47 Cr 43,689
↑ 2,121 KEI Industries Ltd (Industrials)
Equity, Since 30 Sep 19 | 5175693% ₹47 Cr 101,398 6. Nippon India Power and Infra Fund
CAGR/Annualized return of 19.5% 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 (01 Oct 24) ₹380.755 ↑ 0.12 (0.03 %) Net Assets (Cr) ₹7,638 on 31 Aug 24 Category Equity - Sectoral AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.05 Sharpe Ratio 3.24 Information Ratio 1.37 Alpha Ratio 5.67 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 19 ₹10,000 30 Sep 20 ₹9,185 30 Sep 21 ₹16,316 30 Sep 22 ₹17,257 30 Sep 23 ₹24,520 30 Sep 24 ₹40,100 Returns for Nippon India Power and Infra Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 2.6% 3 Month 2.2% 6 Month 21.4% 1 Year 63.6% 3 Year 34.9% 5 Year 32.4% 10 Year 15 Year Since launch 19.5% 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 Kinjal Desai 25 May 18 6.28 Yr. Rahul Modi 19 Aug 24 0.04 Yr. Data below for Nippon India Power and Infra Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 43.5% Utility 14.96% Basic Materials 9.87% Communication Services 7.76% Energy 7.51% Real Estate 4.52% Consumer Cyclical 4.24% Technology 3.93% Health Care 2.27% Asset Allocation
Asset Class Value Cash 1.4% Equity 98.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 07 | 50051010% ₹741 Cr 2,000,000
↑ 350,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | 5003258% ₹574 Cr 1,900,000
↑ 100,000 NTPC Ltd (Utilities)
Equity, Since 31 May 09 | 5325556% ₹479 Cr 11,500,000 Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Nov 22 | 5436646% ₹442 Cr 929,687
↓ -45,313 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 18 | 5324545% ₹397 Cr 2,500,000 Bosch Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | BOSCHLTD4% ₹324 Cr 100,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO4% ₹305 Cr 270,000 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Sep 23 | CARBORUNIV4% ₹274 Cr 1,800,000
↑ 51,031 Honeywell Automation India Ltd (Industrials)
Equity, Since 31 Jan 24 | HONAUT3% ₹255 Cr 50,000
↑ 2,500 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 21 | POWERGRID3% ₹253 Cr 7,500,000 7. DSP BlackRock Small Cap Fund
CAGR/Annualized return of 19.1% since its launch. Ranked 7 in Small Cap category. Return for 2023 was 41.2% , 2022 was 0.5% and 2021 was 58.9% . DSP BlackRock Small Cap Fund
Growth Launch Date 14 Jun 07 NAV (01 Oct 24) ₹204.582 ↑ 0.78 (0.38 %) Net Assets (Cr) ₹16,572 on 31 Aug 24 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio 1.63 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 30 Sep 19 ₹10,000 30 Sep 20 ₹11,761 30 Sep 21 ₹20,730 30 Sep 22 ₹22,100 30 Sep 23 ₹28,336 30 Sep 24 ₹39,924 Returns for DSP BlackRock Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 1.4% 3 Month 9.1% 6 Month 27.7% 1 Year 41.4% 3 Year 24.5% 5 Year 32.4% 10 Year 15 Year Since launch 19.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 41.2% 2022 0.5% 2021 58.9% 2020 33.1% 2019 0.7% 2018 -25.5% 2017 42.8% 2016 12.7% 2015 20.4% 2014 101.8% Fund Manager information for DSP BlackRock Small Cap Fund
Name Since Tenure Vinit Sambre 21 Jun 10 14.21 Yr. Resham Jain 16 Mar 18 6.47 Yr. Data below for DSP BlackRock Small Cap Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Consumer Cyclical 32.15% Industrials 19.09% Basic Materials 17.79% Health Care 8.21% Consumer Defensive 8% Financial Services 4.58% Technology 3.13% Communication Services 1.17% Utility 0.21% Asset Allocation
Asset Class Value Cash 5.66% Equity 94.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity Jubilant Ingrevia Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Dec 22 | 5432713% ₹522 Cr 7,937,996 eClerx Services Ltd (Technology)
Equity, Since 28 Feb 18 | 5329273% ₹507 Cr 1,746,352
↑ 33,374 Suprajit Engineering Ltd (Consumer Cyclical)
Equity, Since 30 Jun 14 | 5325093% ₹491 Cr 9,359,604
↓ -87,593 Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Jan 19 | 5421413% ₹464 Cr 2,835,306
↓ -330,000 Welspun Corp Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 5321443% ₹453 Cr 6,396,696 Dodla Dairy Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | 5433063% ₹452 Cr 3,538,190 LT Foods Ltd (Consumer Defensive)
Equity, Since 31 Dec 17 | 5327833% ₹439 Cr 11,568,344 Triveni Engineering & Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 17 | 5323563% ₹436 Cr 9,143,737
↑ 601,155 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 31 Dec 21 | 5230252% ₹404 Cr 1,629,601 Voltamp Transformers Ltd (Industrials)
Equity, Since 31 Mar 17 | 5327572% ₹373 Cr 264,506
↓ -34,248 8. L&T Emerging Businesses Fund
CAGR/Annualized return of 23.6% since its launch. Ranked 2 in Small Cap category. Return for 2023 was 46.1% , 2022 was 1% and 2021 was 77.4% . L&T Emerging Businesses Fund
Growth Launch Date 12 May 14 NAV (01 Oct 24) ₹90.1293 ↑ 0.67 (0.75 %) Net Assets (Cr) ₹16,905 on 31 Jul 24 Category Equity - Small Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 1.73 Sharpe Ratio 2.26 Information Ratio 0.54 Alpha Ratio 0.29 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,813 30 Sep 21 ₹18,975 30 Sep 22 ₹20,759 30 Sep 23 ₹27,451 30 Sep 24 ₹39,650 Returns for L&T Emerging Businesses Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 2.6% 3 Month 4.9% 6 Month 26.7% 1 Year 45.5% 3 Year 28% 5 Year 32.3% 10 Year 15 Year Since launch 23.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 46.1% 2022 1% 2021 77.4% 2020 15.5% 2019 -8.1% 2018 -13.7% 2017 66.5% 2016 10.2% 2015 12.3% 2014 Fund Manager information for L&T Emerging Businesses Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 4.71 Yr. Cheenu Gupta 1 Oct 23 0.92 Yr. Sonal Gupta 1 Oct 23 0.92 Yr. Data below for L&T Emerging Businesses Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 33.31% Consumer Cyclical 15.58% Basic Materials 13.69% Financial Services 11.23% Technology 8.92% Real Estate 5.54% Health Care 3.16% Consumer Defensive 2.46% Energy 1.57% Asset Allocation
Asset Class Value Cash 2.99% Equity 97.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS3% ₹586 Cr 635,400 Techno Electric & Engineering Co Ltd (Industrials)
Equity, Since 31 Jan 19 | TECHNOE3% ₹439 Cr 2,573,042 NCC Ltd (Industrials)
Equity, Since 28 Feb 21 | NCC2% ₹404 Cr 11,291,100 KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECH2% ₹403 Cr 2,188,200 Sonata Software Ltd (Technology)
Equity, Since 31 Jul 18 | SONATSOFTW2% ₹400 Cr 5,424,280
↑ 663,519 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | 5329292% ₹381 Cr 3,029,095
↓ -269,905 Century Textiles & Industries Ltd (Basic Materials)
Equity, Since 30 Sep 22 | 5000402% ₹375 Cr 1,607,279 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI2% ₹356 Cr 822,670
↓ -100,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 17 | 5002512% ₹339 Cr 580,400 EIH Ltd (Consumer Cyclical)
Equity, Since 31 May 17 | 5008402% ₹311 Cr 7,055,106
↓ -1,228,133 9. IDFC Infrastructure Fund
CAGR/Annualized return of 13.6% since its launch. Ranked 1 in Sectoral category. Return for 2023 was 50.3% , 2022 was 1.7% and 2021 was 64.8% . IDFC Infrastructure Fund
Growth Launch Date 8 Mar 11 NAV (01 Oct 24) ₹56.339 ↑ 0.16 (0.28 %) Net Assets (Cr) ₹1,965 on 31 Aug 24 Category Equity - Sectoral AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 2.33 Sharpe Ratio 3.46 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹8,263 30 Sep 21 ₹16,596 30 Sep 22 ₹17,012 30 Sep 23 ₹22,925 30 Sep 24 ₹39,511 Returns for IDFC Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 0.5% 3 Month 2.5% 6 Month 27.6% 1 Year 72.8% 3 Year 33.6% 5 Year 32.1% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 50.3% 2022 1.7% 2021 64.8% 2020 6.3% 2019 -5.3% 2018 -25.9% 2017 58.7% 2016 10.7% 2015 -0.2% 2014 43.2% Fund Manager information for IDFC Infrastructure Fund
Name Since Tenure Vishal Biraia 24 Jan 24 0.6 Yr. Ritika Behera 7 Oct 23 0.9 Yr. Gaurav Satra 7 Jun 24 0.24 Yr. Data below for IDFC Infrastructure Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 52.47% Utility 10.82% Basic Materials 10.6% Communication Services 6.43% Energy 3.99% Consumer Cyclical 3.87% Financial Services 3.58% Technology 2.29% Health Care 1.41% Asset Allocation
Asset Class Value Cash 4.54% Equity 95.46% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Dec 17 | 5002414% ₹80 Cr 443,385
↑ 8,933 GPT Infraprojects Ltd (Industrials)
Equity, Since 30 Nov 17 | 5337614% ₹77 Cr 4,384,900
↑ 1,145,000 PTC India Financial Services Ltd (Financial Services)
Equity, Since 31 Dec 23 | PFS4% ₹70 Cr 12,200,218
↑ 1,724,925 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 24 | 5003253% ₹68 Cr 226,353
↑ 65,263 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Dec 23 | 5329213% ₹64 Cr 434,979 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | 5005103% ₹64 Cr 171,447 Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 30 Apr 15 | AHLUCONT3% ₹60 Cr 470,125
↑ 38,887 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Dec 23 | 5348163% ₹57 Cr 1,252,522
↓ -58,513 H.G. Infra Engineering Ltd Ordinary Shares (Industrials)
Equity, Since 28 Feb 18 | HGINFRA3% ₹50 Cr 321,984
↑ 190,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | 5324542% ₹46 Cr 289,163 10. BOI AXA Manufacturing and Infrastructure Fund
CAGR/Annualized return of 13.1% 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 (01 Oct 24) ₹60 ↓ -0.07 (-0.12 %) Net Assets (Cr) ₹503 on 31 Aug 24 Category Equity - Sectoral AMC BOI AXA Investment Mngrs Private Ltd Rating Risk High Expense Ratio 2.57 Sharpe Ratio 3.51 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,872 30 Sep 21 ₹18,215 30 Sep 22 ₹19,498 30 Sep 23 ₹25,426 30 Sep 24 ₹39,703 Returns for BOI AXA Manufacturing and Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 0% 3 Month 5.2% 6 Month 23.1% 1 Year 56% 3 Year 29.5% 5 Year 32.1% 10 Year 15 Year Since launch 13.1% 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 1.93 Yr. Data below for BOI AXA Manufacturing and Infrastructure Fund as on 31 Aug 24
Equity Sector Allocation
Sector Value Industrials 26.5% Basic Materials 20.31% Energy 13.28% Consumer Cyclical 10.88% Utility 6.81% Communication Services 4.75% Health Care 4.38% Technology 4.12% Consumer Defensive 3.7% Real Estate 1.24% Asset Allocation
Asset Class Value Cash 4% Equity 95.98% Debt 0.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 31 May 21 | 5325555% ₹27 Cr 653,296 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 20 | 5003255% ₹26 Cr 86,117
↑ 8,035 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 10 | 5005105% ₹25 Cr 68,525
↑ 13,471 Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | VEDL4% ₹20 Cr 432,922 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Jan 24 | 5348164% ₹20 Cr 425,411
↑ 11,127 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 Oct 22 | 5003123% ₹17 Cr 499,508
↑ 332,927 Oil India Ltd (Energy)
Equity, Since 31 Dec 23 | 5331063% ₹15 Cr 196,735
↑ 30,126 PCBL Ltd (Basic Materials)
Equity, Since 31 Jul 24 | PCBL3% ₹14 Cr 285,965 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 30 Nov 23 | 5001823% ₹13 Cr 23,073 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 30 Sep 23 | DEEPAKNTR2% ₹11 Cr 37,844
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.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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helpful to invest in SIP