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11 Best performing SIPs for 2023 - Fincash

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11 Best Mutual Funds for SIP 2023

Updated on March 22, 2023 , 240669 views

SIP Mutual Funds (or top 11 SIP Mutual Funds) are funds that adhere to the simple formula of periodic investment to avoid nervous selling during the inevitable ups and downs of the stock market.

Typically, SIP or Systematic Investment plan is a mode to invest money in Mutual Funds. Investing in top 11 SIP Mutual Funds brings a systematic and disciplined approach to your investment. It reduces your effort to manage your investment on daily Basis. Moreover, it offers leverage of the Power of Compounding leading to desired returns over time.

Best SIP Plans

There are different Types of Mutual Funds for SIP that include equity, debt, balanced, ultra-short term funds, etc. However, equity Mutual Funds offer maximum returns when invested via a SIP. Financial advisors suggest that, the investors must invest in best mutual funds for SIP basis their investment objectives and the period of SIP investment.

Why Invest in Top 11 SIP Funds?

  • SIPs give a disciplined approach towards investing in Mutual Funds

  • Systematic investing helps in financing the future dream and major goals like- retirement, child's career, purchase of a house, car or any other assets

  • SIPs help in making the most of compounding and are ideal for young investors

  • Systematic Investment Plans minimize the risk of equity fluctuations

How to Invest in SIP?

Investing money is an art, it can work wonders if done correctly. Now that you know the Top SIP plans you must know how to invest in it. We have mentioned the steps to invest in SIP below.

1. Analyse your financial goals

Choose a SIP investment suiting your Financial goals. For example, if your goal is short-term (if want to buy a car in the next 2 years), you should invest in Debt Mutual Funds. And, if your goal is long-term (like Retirement planning) then prefer investing in Equity Mutual Funds.

2. Choose a timeline of investment

This will ensure that you invest a right amount of money for a right period of time.

3. Decide the amount you wish to invest monthly

As SIP is a monthly investment, you should choose an amount that you will be able to invest monthly without Fail. You can also calculate the suitable amount as per your goal using sip calculator or SIP return calculator.

4. Select the best SIP plan

Make a wise investment choice by consulting a financial advisor or by choosing Best SIP Plans offered by various online investment platforms.

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Top 11 SIP Mutual Funds in India FY 23 - 24

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
ICICI Prudential Technology Fund Growth ₹129.27
↓ -0.05
₹8,993 100 -1.92.8-20.643.820.4-23.2
TATA Digital India Fund Growth ₹30.7166
↑ 0.02
₹6,766 150 -0.63.2-19.837.820.3-23.3
SBI Technology Opportunities Fund Growth ₹136.684
↑ 0.07
₹2,862 500 -1.17.7-11.637.619.7-15.5
Aditya Birla Sun Life Digital India Fund Growth ₹114.93
↑ 0.06
₹3,338 100 14.8-16.940.919.6-21.6
Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03
₹3,124 100 2.913.638.921.919.2
Sundaram Select Focus Fund Growth ₹264.968
↓ -1.18
₹1,354 100 -58.524.51717.3
PGIM India Midcap Opportunities Fund Growth ₹41.2
↓ -0.37
₹7,708 1,000 -3.5-8.2-1.445.717-1.7
IIFL Focused Equity Fund Growth ₹29.582
↓ -0.15
₹3,417 1,000 -0.60.4332.916.9-0.9
ICICI Prudential US Bluechip Equity Fund Growth ₹46.58
₹2,365 100 7.618.42.222.915.7-7.1
Kotak Small Cap Fund Growth ₹156.001
↓ -1.05
₹8,618 1,000 -1-6.6-2.646.515.4-3.1
Franklin India Technology Fund Growth ₹286.946
↑ 0.21
₹712 500 3.46.7-13.731.915.2-22.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Mar 23
*List of best mutual funds SIP's having Net Assets/ AUM more than 200 Crore in Equity Category of mutual funds ordered based on 5 year calendar year returns.

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 11.7% since its launch.  Ranked 37 in Sectoral category.  Return for 2022 was -23.2% , 2021 was 75.7% and 2020 was 70.6% .

Below is the key information for ICICI Prudential Technology Fund

ICICI Prudential Technology Fund
Growth
Launch Date 3 Mar 00
NAV (24 Mar 23) ₹129.27 ↓ -0.05   (-0.04 %)
Net Assets (Cr) ₹8,993 on 28 Feb 23
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.07
Sharpe Ratio -0.77
Information Ratio 1.11
Alpha Ratio -3.44
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
28 Feb 18₹10,000
28 Feb 19₹11,557
29 Feb 20₹10,952
28 Feb 21₹19,601
28 Feb 22₹29,069
28 Feb 23₹25,846

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 ₹505,644.
Net Profit of ₹205,644
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 24 Mar 23

DurationReturns
1 Month -6.5%
3 Month -1.9%
6 Month 2.8%
1 Year -20.6%
3 Year 43.8%
5 Year 20.4%
10 Year
15 Year
Since launch 11.7%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -23.2%
2021 75.7%
2020 70.6%
2019 2.3%
2018 19.1%
2017 19.8%
2016 -4%
2015 3.9%
2014 26.3%
2013 62.6%
Fund Manager information for ICICI Prudential Technology Fund
NameSinceTenure
Vaibhav Dusad2 May 202.75 Yr.
Sharmila D’mello30 Jun 220.59 Yr.

Data below for ICICI Prudential Technology Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Technology77.99%
Communication Services14.49%
Industrials2.1%
Consumer Cyclical1.49%
Financial Services0.14%
Consumer Defensive0.12%
Energy0.09%
Asset Allocation
Asset ClassValue
Cash3.59%
Equity96.41%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
34%₹3,095 Cr20,180,348
↑ 8,398
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS
18%₹1,645 Cr4,898,548
↑ 28,893
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
8%₹721 Cr9,365,724
↑ 410,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
7%₹615 Cr5,481,362
↓ -1,761,190
Wipro Ltd (Technology)
Equity, Since 30 Sep 19 | 507685
5%₹446 Cr11,193,811
↑ 1,599,509
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 532755
3%₹310 Cr3,058,650
↑ 375,000
LTIMindtree Ltd (Technology)
Equity, Since 31 Jul 16 | LTIM
2%₹169 Cr387,476
↑ 2,561
Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 31 Jan 22 | ZEEL
2%₹145 Cr6,396,703
↑ 726,032
Cognizant Technology Solutions Corp Class A (Technology)
Equity, Since 31 Jul 21 | CTSH
1%₹109 Cr203,668
↑ 86,000
Accenture PLC Class A (Technology)
Equity, Since 28 Feb 21 | ACN
1%₹98 Cr43,600

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 16.8% since its launch.  Return for 2022 was -23.3% , 2021 was 74.4% and 2020 was 54.8% .

Below is the key information for TATA Digital India Fund

TATA Digital India Fund
Growth
Launch Date 28 Dec 15
NAV (24 Mar 23) ₹30.7166 ↑ 0.02   (0.07 %)
Net Assets (Cr) ₹6,766 on 28 Feb 23
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 0
Sharpe Ratio -0.75
Information Ratio 0.31
Alpha Ratio -2.86
Min Investment 5,000
Min SIP Investment 150
Exit Load 0-3 Months (0.25%),3 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹12,067
29 Feb 20₹11,854
28 Feb 21₹19,272
28 Feb 22₹28,648
28 Feb 23₹25,530

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 ₹505,644.
Net Profit of ₹205,644
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 24 Mar 23

DurationReturns
1 Month -6.1%
3 Month -0.6%
6 Month 3.2%
1 Year -19.8%
3 Year 37.8%
5 Year 20.3%
10 Year
15 Year
Since launch 16.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -23.3%
2021 74.4%
2020 54.8%
2019 7.5%
2018 24.9%
2017 19.6%
2016 -6%
2015
2014
2013
Fund Manager information for TATA Digital India Fund
NameSinceTenure
Meeta Shetty9 Mar 211.9 Yr.
Venkat Samala26 Nov 202.18 Yr.

Data below for TATA Digital India Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Technology76.28%
Communication Services10.82%
Industrials4.02%
Consumer Cyclical1.59%
Financial Services0.49%
Health Care0.1%
Consumer Defensive0.09%
Utility0.02%
Energy0.01%
Real Estate0%
Asset Allocation
Asset ClassValue
Cash6.58%
Equity93.42%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
26%₹1,715 Cr11,184,598
↑ 220,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 16 | TCS
19%₹1,311 Cr3,903,371
↑ 380,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH
9%₹604 Cr5,383,886
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 21 | BHARTIARTL
8%₹525 Cr6,819,200
LTIMindtree Ltd (Technology)
Equity, Since 28 Feb 21 | LTIM
7%₹448 Cr1,025,062
↑ 37,000
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | 532755
3%₹223 Cr2,195,094
↓ -740,000
Wipro Ltd (Technology)
Equity, Since 31 Jul 18 | 507685
2%₹160 Cr4,013,632
↓ -1,000,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
2%₹131 Cr279,212
↑ 25,000
Cyient Ltd (Industrials)
Equity, Since 28 Feb 21 | CYIENT
2%₹111 Cr1,259,737
↑ 15,440
Invesco NASDAQ 100 ETF
- | -
1%₹99 Cr101,740

3. 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 19.1% since its launch.  Ranked 42 in Sectoral category.  Return for 2022 was -15.5% , 2021 was 66.4% and 2020 was 47.3% .

Below is the key information for SBI Technology Opportunities Fund

SBI Technology Opportunities Fund
Growth
Launch Date 9 Jan 13
NAV (24 Mar 23) ₹136.684 ↑ 0.07   (0.05 %)
Net Assets (Cr) ₹2,862 on 28 Feb 23
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating
Risk High
Expense Ratio 2.26
Sharpe Ratio -0.3
Information Ratio 0.88
Alpha Ratio 5.48
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
28 Feb 18₹10,000
28 Feb 19₹11,297
29 Feb 20₹11,605
28 Feb 21₹17,687
28 Feb 22₹25,513
28 Feb 23₹24,943

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 ₹493,520.
Net Profit of ₹193,520
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 24 Mar 23

DurationReturns
1 Month -6.1%
3 Month -1.1%
6 Month 7.7%
1 Year -11.6%
3 Year 37.6%
5 Year 19.7%
10 Year
15 Year
Since launch 19.1%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -15.5%
2021 66.4%
2020 47.3%
2019 12.2%
2018 17.1%
2017 13%
2016 -3.3%
2015 2.4%
2014 29.2%
2013
Fund Manager information for SBI Technology Opportunities Fund
NameSinceTenure
Saurabh Pant1 Jan 221.08 Yr.
Mohit Jain1 Jan 221.08 Yr.

Data below for SBI Technology Opportunities Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Technology67.63%
Communication Services17.05%
Industrials2.17%
Consumer Cyclical1.68%
Health Care0.11%
Consumer Defensive0.1%
Utility0.02%
Financial Services0.01%
Energy0.01%
Real Estate0%
Asset Allocation
Asset ClassValue
Cash11.21%
Equity88.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
28%₹798 Cr5,200,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 06 | TCS
13%₹369 Cr1,100,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
9%₹270 Cr3,500,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH
7%₹191 Cr1,700,000
Netflix Inc (Communication Services)
Equity, Since 31 Aug 21 | NFLX
5%₹136 Cr47,000
Wipro Ltd (Technology)
Equity, Since 30 Apr 21 | 507685
4%₹123 Cr3,080,000
NVIDIA Corp (Technology)
Equity, Since 30 Apr 21 | NVDA
4%₹102 Cr65,000
↓ -18,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 22 | PERSISTENT
3%₹94 Cr200,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 22 | 532755
3%₹84 Cr830,000
PVR Ltd (Communication Services)
Equity, Since 31 Jan 22 | PVR
3%₹78 Cr459,692
↑ 349,692

4. 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 11.1% since its launch.  Ranked 33 in Sectoral category.  Return for 2022 was -21.6% , 2021 was 70.5% and 2020 was 59% .

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 (24 Mar 23) ₹114.93 ↑ 0.06   (0.05 %)
Net Assets (Cr) ₹3,338 on 28 Feb 23
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.19
Sharpe Ratio -0.58
Information Ratio 0.9
Alpha Ratio 0.2
Min Investment 1,000
Min SIP Investment 100
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹11,133
29 Feb 20₹11,457
28 Feb 21₹19,056
28 Feb 22₹26,930
28 Feb 23₹24,858

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 ₹493,520.
Net Profit of ₹193,520
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 24 Mar 23

DurationReturns
1 Month -5.6%
3 Month 1%
6 Month 4.8%
1 Year -16.9%
3 Year 40.9%
5 Year 19.6%
10 Year
15 Year
Since launch 11.1%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -21.6%
2021 70.5%
2020 59%
2019 9.6%
2018 15.6%
2017 22.4%
2016 -3.5%
2015 11.2%
2014 21.1%
2013 50.2%
Fund Manager information for Aditya Birla Sun Life Digital India Fund
NameSinceTenure
Kunal Sangoi15 Jan 149.05 Yr.

Data below for Aditya Birla Sun Life Digital India Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Technology80.4%
Communication Services8.29%
Industrials7.02%
Consumer Cyclical2.18%
Financial Services0.64%
Asset Allocation
Asset ClassValue
Cash1.47%
Equity98.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
26%₹853 Cr5,563,401
↑ 85,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS
11%₹351 Cr1,045,450
HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH
9%₹305 Cr2,721,227
↓ -50,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 532755
8%₹260 Cr2,563,833
LTIMindtree Ltd (Technology)
Equity, Since 31 Mar 21 | LTIM
6%₹214 Cr490,179
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
5%₹163 Cr2,114,697
Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT
3%₹115 Cr1,306,398
Coforge Ltd (Technology)
Equity, Since 30 Jun 20 | COFORGE
3%₹107 Cr244,188
↓ -31,093
Birlasoft Ltd (Technology)
Equity, Since 30 Sep 20 | BSOFT
3%₹85 Cr2,820,432
↑ 200,000
Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 30 Jun 21 | ZEEL
2%₹64 Cr2,836,967

5. Principal Emerging Bluechip Fund

The primary objective of the Scheme is to achieve long-term capital appreciation by investing in equity & equity related instruments of mid cap & small cap companies.

Principal Emerging Bluechip Fund is a Equity - Large & Mid Cap fund was launched on 12 Nov 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 24.8% since its launch.  Ranked 1 in Large & Mid Cap category. .

Below is the key information for Principal Emerging Bluechip Fund

Principal Emerging Bluechip Fund
Growth
Launch Date 12 Nov 08
NAV (31 Dec 21) ₹183.316 ↑ 2.03   (1.12 %)
Net Assets (Cr) ₹3,124 on 30 Nov 21
Category Equity - Large & Mid Cap
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 2.74
Information Ratio 0.22
Alpha Ratio 2.18
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
28 Feb 18₹10,000
28 Feb 19₹8,962
29 Feb 20₹9,993
28 Feb 21₹13,134

Principal Emerging Bluechip Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for Principal Emerging Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23

DurationReturns
1 Month 2.9%
3 Month 2.9%
6 Month 13.6%
1 Year 38.9%
3 Year 21.9%
5 Year 19.2%
10 Year
15 Year
Since launch 24.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for Principal Emerging Bluechip Fund
NameSinceTenure

Data below for Principal Emerging Bluechip Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

6. Sundaram Select Focus Fund

To achieve capital appreciation by investing in equity and equity related instruments of select stocks

Sundaram Select Focus Fund is a Equity - Focused fund was launched on 30 Jul 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 18.4% since its launch.  Ranked 55 in Focused category. .

Below is the key information for Sundaram Select Focus Fund

Sundaram Select Focus Fund
Growth
Launch Date 30 Jul 02
NAV (24 Dec 21) ₹264.968 ↓ -1.18   (-0.45 %)
Net Assets (Cr) ₹1,354 on 30 Nov 21
Category Equity - Focused
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.52
Sharpe Ratio 1.85
Information Ratio -0.52
Alpha Ratio -5.62
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,141
29 Feb 20₹11,405
28 Feb 21₹13,985

Sundaram Select Focus Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Sundaram Select Focus Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23

DurationReturns
1 Month -2.6%
3 Month -5%
6 Month 8.5%
1 Year 24.5%
3 Year 17%
5 Year 17.3%
10 Year
15 Year
Since launch 18.4%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for Sundaram Select Focus Fund
NameSinceTenure

Data below for Sundaram Select Focus Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

7. PGIM India Midcap Opportunities Fund

The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies. However, there is no assurance that the investment objective of the Scheme will be realized.

PGIM India Midcap Opportunities Fund is a Equity - Mid Cap fund was launched on 2 Dec 13. It is a fund with High risk and has given a CAGR/Annualized return of 16.4% since its launch.  Ranked 40 in Mid Cap category.  Return for 2022 was -1.7% , 2021 was 63.8% and 2020 was 48.4% .

Below is the key information for PGIM India Midcap Opportunities Fund

PGIM India Midcap Opportunities Fund
Growth
Launch Date 2 Dec 13
NAV (24 Mar 23) ₹41.2 ↓ -0.37   (-0.89 %)
Net Assets (Cr) ₹7,708 on 28 Feb 23
Category Equity - Mid Cap
AMC Pramerica Asset Managers Private Limited
Rating
Risk High
Expense Ratio 0
Sharpe Ratio -0.04
Information Ratio 0.97
Alpha Ratio -4.13
Min Investment 5,000
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
28 Feb 18₹10,000
28 Feb 19₹8,450
29 Feb 20₹9,659
28 Feb 21₹15,456
28 Feb 22₹20,461
28 Feb 23₹21,209

PGIM India Midcap 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 ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for PGIM India Midcap 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 24 Mar 23

DurationReturns
1 Month -2.8%
3 Month -3.5%
6 Month -8.2%
1 Year -1.4%
3 Year 45.7%
5 Year 17%
10 Year
15 Year
Since launch 16.4%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -1.7%
2021 63.8%
2020 48.4%
2019 3.6%
2018 -16.1%
2017 37%
2016 -1.3%
2015 7.9%
2014 42.8%
2013
Fund Manager information for PGIM India Midcap Opportunities Fund
NameSinceTenure
Aniruddha Naha1 Jun 211.67 Yr.
Puneet Pal16 Jul 220.55 Yr.
Vivek Sharma1 Jun 211.67 Yr.

Data below for PGIM India Midcap Opportunities Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Industrials23.34%
Financial Services19.1%
Consumer Cyclical14.32%
Basic Materials10.18%
Health Care9.2%
Consumer Defensive4.96%
Real Estate3.96%
Technology3.64%
Utility1.81%
Communication Services1.39%
Asset Allocation
Asset ClassValue
Cash8.1%
Equity91.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | FEDERALBNK
4%₹332 Cr24,706,857
↑ 4,800,000
Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 500480
4%₹326 Cr2,272,298
Timken India Ltd (Industrials)
Equity, Since 30 Sep 21 | 522113
4%₹292 Cr935,000
↑ 75,000
Ashok Leyland Ltd (Industrials)
Equity, Since 30 Apr 20 | 500477
4%₹289 Cr19,332,000
↑ 9,632,000
Kajaria Ceramics Ltd (Industrials)
Equity, Since 31 Oct 21 | 500233
4%₹272 Cr2,576,766
↑ 250,000
Bata India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | BATAINDIA
3%₹257 Cr1,679,700
Max Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 19 | 500271
3%₹242 Cr2,895,000
↑ 1,895,000
SKF India Ltd (Industrials)
Equity, Since 28 Feb 21 | SKFINDIA
3%₹236 Cr536,509
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Jul 22 | JUBLFOOD
3%₹224 Cr4,598,000
↑ 200,000
Persistent Systems Ltd (Technology)
Equity, Since 30 Nov 21 | PERSISTENT
3%₹213 Cr454,840
↓ -75,000

8. IIFL Focused Equity Fund

(Erstwhile IIFL India Growth Fund)

The investment objective of the scheme is to generate long term capital appreciation for investors from a portfolio of equity and equity related securities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

IIFL Focused Equity Fund is a Equity - Focused fund was launched on 30 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.8% since its launch.  Return for 2022 was -0.9% , 2021 was 36.4% and 2020 was 23.8% .

Below is the key information for IIFL Focused Equity Fund

IIFL Focused Equity Fund
Growth
Launch Date 30 Oct 14
NAV (24 Mar 23) ₹29.582 ↓ -0.15   (-0.51 %)
Net Assets (Cr) ₹3,417 on 28 Feb 23
Category Equity - Focused
AMC IIFL Asset Management Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 0
Sharpe Ratio -0.05
Information Ratio -0.09
Alpha Ratio 0.28
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-2 Months (2%),2 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,993
29 Feb 20₹12,763
28 Feb 21₹16,491
28 Feb 22₹19,985
28 Feb 23₹20,703

IIFL Focused 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 ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for IIFL Focused 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 24 Mar 23

DurationReturns
1 Month -1.7%
3 Month -0.6%
6 Month 0.4%
1 Year 3%
3 Year 32.9%
5 Year 16.9%
10 Year
15 Year
Since launch 13.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -0.9%
2021 36.4%
2020 23.8%
2019 27.3%
2018 -6.8%
2017 30%
2016 9.9%
2015 1.8%
2014
2013
Fund Manager information for IIFL Focused Equity Fund
NameSinceTenure
Mayur Patel11 Nov 193.23 Yr.

Data below for IIFL Focused Equity Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services31.47%
Industrials14.33%
Consumer Cyclical13.42%
Basic Materials8.8%
Technology8.41%
Health Care6.17%
Communication Services4.65%
Consumer Defensive2.91%
Utility2.8%
Energy1.98%
Asset Allocation
Asset ClassValue
Cash5.05%
Equity94.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 17 | HDFCBANK
9%₹299 Cr1,866,907
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | ICICIBANK
8%₹273 Cr3,287,614
Infosys Ltd (Technology)
Equity, Since 28 Feb 18 | INFY
6%₹213 Cr1,390,858
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 21 | LT
5%₹167 Cr784,154
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | 532215
5%₹161 Cr1,845,709
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
5%₹156 Cr2,020,031
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
4%₹128 Cr2,313,007
↓ -290,519
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 21 | TATAMOTORS
3%₹119 Cr2,643,181
Cummins India Ltd (Industrials)
Equity, Since 31 Jul 22 | 500480
3%₹109 Cr758,163
APL Apollo Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 22 | APLAPOLLO
3%₹103 Cr896,883

9. ICICI Prudential US Bluechip Equity Fund

The investment objective of ICICI Prudential US Bluechip Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities (including ADRs/GDRs issued by Indian and foreign companies) of companies listed on New York Stock Exchange and/or NASDAQ. However, there can be no assurance that the investment objective of the Scheme will be realized.

ICICI Prudential US Bluechip Equity Fund is a Equity - Global fund was launched on 6 Jul 12. It is a fund with High risk and has given a CAGR/Annualized return of 15.4% since its launch.  Ranked 7 in Global category.  Return for 2022 was -7.1% , 2021 was 22.5% and 2020 was 18.6% .

Below is the key information for ICICI Prudential US Bluechip Equity Fund

ICICI Prudential US Bluechip Equity Fund
Growth
Launch Date 6 Jul 12
NAV (23 Mar 23) ₹46.58
Net Assets (Cr) ₹2,365 on 28 Feb 23
Category Equity - Global
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.26
Sharpe Ratio 0.03
Information Ratio -0.18
Alpha Ratio 2.73
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-3 Months (3%),3-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹11,610
29 Feb 20₹12,733
28 Feb 21₹16,475
28 Feb 22₹19,225
28 Feb 23₹19,856

ICICI Prudential US Bluechip 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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for ICICI Prudential US Bluechip 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 24 Mar 23

DurationReturns
1 Month -2%
3 Month 7.6%
6 Month 18.4%
1 Year 2.2%
3 Year 22.9%
5 Year 15.7%
10 Year
15 Year
Since launch 15.4%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -7.1%
2021 22.5%
2020 18.6%
2019 34.3%
2018 5.2%
2017 14.1%
2016 11.6%
2015 0.7%
2014 12.7%
2013 45.7%
Fund Manager information for ICICI Prudential US Bluechip Equity Fund
NameSinceTenure
Rohan Maru19 Sep 139.38 Yr.
Sharmila D’mello1 Jul 220.59 Yr.

Data below for ICICI Prudential US Bluechip Equity Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Technology29.02%
Industrials18.09%
Communication Services12.14%
Financial Services11.67%
Consumer Cyclical10.64%
Health Care10.16%
Basic Materials4.5%
Utility0.82%
Asset Allocation
Asset ClassValue
Cash2.96%
Equity97.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Meta Platforms Inc Class A (Communication Services)
Equity, Since 31 Mar 21 | META
4%₹86 Cr70,922
The Walt Disney Co (Communication Services)
Equity, Since 31 Dec 21 | DIS
3%₹79 Cr88,803
Equifax Inc (Industrials)
Equity, Since 30 Sep 21 | EFX
3%₹71 Cr38,985
↓ -2,679
Adobe Inc (Technology)
Equity, Since 31 Mar 22 | ADBE
3%₹71 Cr23,301
Boeing Co (Industrials)
Equity, Since 31 Mar 20 | BA
3%₹70 Cr40,107
ServiceNow Inc (Technology)
Equity, Since 31 Mar 22 | NOW
3%₹69 Cr18,485
Lam Research Corp (Technology)
Equity, Since 30 Sep 21 | LRCX
3%₹67 Cr16,392
Salesforce Inc (Technology)
Equity, Since 31 Dec 18 | CRM
3%₹67 Cr48,517
TransUnion (Industrials)
Equity, Since 30 Jun 22 | TRU
3%₹66 Cr113,327
Comcast Corp Class A (Communication Services)
Equity, Since 31 May 20 | CMCSA
3%₹66 Cr206,024

10. Kotak Small Cap Fund

(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 CAGR/Annualized return of 16.4% since its launch.  Ranked 23 in Small Cap category.  Return for 2022 was -3.1% , 2021 was 70.9% and 2020 was 34.2% .

Below is the key information for Kotak Small Cap Fund

Kotak Small Cap Fund
Growth
Launch Date 24 Feb 05
NAV (24 Mar 23) ₹156.001 ↓ -1.05   (-0.67 %)
Net Assets (Cr) ₹8,618 on 28 Feb 23
Category Equity - Small Cap
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.55
Sharpe Ratio -0.16
Information Ratio 0.57
Alpha Ratio -0.4
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.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,228
29 Feb 20₹9,509
28 Feb 21₹14,460
28 Feb 22₹19,569
28 Feb 23₹20,051

Kotak 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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Kotak 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 24 Mar 23

DurationReturns
1 Month -3.2%
3 Month -1%
6 Month -6.6%
1 Year -2.6%
3 Year 46.5%
5 Year 15.4%
10 Year
15 Year
Since launch 16.4%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -3.1%
2021 70.9%
2020 34.2%
2019 5%
2018 -17.3%
2017 44%
2016 8.9%
2015 7.4%
2014 74%
2013 -4.9%
Fund Manager information for Kotak Small Cap Fund
NameSinceTenure
Pankaj Tibrewal21 Jan 1013.04 Yr.
Arjun Khanna30 Apr 220.76 Yr.

Data below for Kotak Small Cap Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Industrials33.58%
Consumer Cyclical27.09%
Basic Materials19.61%
Financial Services5%
Technology3.38%
Health Care3.2%
Consumer Defensive1.97%
Real Estate1.28%
Energy0.25%
Asset Allocation
Asset ClassValue
Cash3.82%
Equity96.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 18 | CARBORUNIV
5%₹407 Cr4,186,972
Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Jan 18 | RATNAMANI
4%₹316 Cr1,423,139
↓ -17,241
Century Plyboards (India) Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | 532548
3%₹293 Cr5,647,509
↑ 27,019
Cyient Ltd (Industrials)
Equity, Since 31 Dec 19 | CYIENT
3%₹269 Cr3,061,007
Blue Star Ltd (Industrials)
Equity, Since 31 May 18 | BLUESTARCO
3%₹243 Cr1,978,982
Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | SFL
3%₹236 Cr1,927,672
Galaxy Surfactants Ltd (Basic Materials)
Equity, Since 31 Jan 18 | GALAXYSURF
3%₹233 Cr998,909
↑ 6,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 13 | PERSISTENT
3%₹222 Cr474,169
Supreme Industries Ltd (Industrials)
Equity, Since 31 May 14 | 509930
3%₹216 Cr854,324
↓ -25,000
Garware Technical Fibres Ltd (Consumer Cyclical)
Equity, Since 30 Jun 21 | GARFIBRES
3%₹215 Cr738,963
↑ 23,004

11. 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 17.9% since its launch.  Ranked 41 in Sectoral category.  Return for 2022 was -22.3% , 2021 was 39% and 2020 was 56.8% .

Below is the key information for Franklin India Technology Fund

Franklin India Technology Fund
Growth
Launch Date 22 Aug 98
NAV (23 Mar 23) ₹286.946 ↑ 0.21   (0.07 %)
Net Assets (Cr) ₹712 on 28 Feb 23
Category Equity - Sectoral
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 2.45
Sharpe Ratio -0.75
Information Ratio -0.31
Alpha Ratio -3.35
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
28 Feb 18₹10,000
28 Feb 19₹11,210
29 Feb 20₹11,517
28 Feb 21₹18,801
28 Feb 22₹22,261
28 Feb 23₹20,272

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 ₹447,579.
Net Profit of ₹147,579
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 24 Mar 23

DurationReturns
1 Month -3.7%
3 Month 3.4%
6 Month 6.7%
1 Year -13.7%
3 Year 31.9%
5 Year 15.2%
10 Year
15 Year
Since launch 17.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -22.3%
2021 39%
2020 56.8%
2019 12.4%
2018 11.9%
2017 19.1%
2016 -2.6%
2015 3.8%
2014 16.8%
2013 53.3%
Fund Manager information for Franklin India Technology Fund
NameSinceTenure
Anand Radhakrishnan3 Mar 0715.93 Yr.
Varun Sharma30 Nov 157.18 Yr.
Sandeep Manam18 Oct 211.29 Yr.

Data below for Franklin India Technology Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Technology63.28%
Communication Services13.23%
Consumer Cyclical8.76%
Industrials4.29%
Financial Services3.35%
Basic Materials0.82%
Real Estate0.3%
Health Care0.15%
Energy0.03%
Consumer Defensive0%
Asset Allocation
Asset ClassValue
Cash4.72%
Equity95%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
14%₹101 Cr657,408
↓ -65,386
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 04 | TCS
12%₹89 Cr264,394
↓ -15,606
HCL Technologies Ltd (Technology)
Equity, Since 30 Jun 14 | HCLTECH
10%₹71 Cr628,738
Franklin Technology I Acc USD
Investment Fund | -
9%₹62 Cr175,810
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL
6%₹39 Cr509,988
Tech Mahindra Ltd (Technology)
Equity, Since 28 Feb 14 | 532755
4%₹29 Cr284,336
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jan 17 | NAUKRI
3%₹21 Cr56,186
↓ -4,079
Cyient Ltd (Industrials)
Equity, Since 31 Dec 06 | CYIENT
3%₹20 Cr228,123
↓ -27,599
Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 543320
2%₹18 Cr3,560,723
↑ 217,325
PB Fintech Ltd (Financial Services)
Equity, Since 30 Nov 21 | 543390
2%₹17 Cr386,738
↑ 17,871

The investors are suggested to invest in the SIP plans of their choice. The above-mentioned top 11 Mutual Funds are suitable for investors of all kind. So, either you are a high-risk investor or a relatively lower one, these SIP funds are the Best Mutual Funds to Invest. So, don’t wait, invest now!

Parameters to Consider While Investing in Best Systematic Investment Plans

To evaluate best performing SIP Funds, let’s know the factors that one must consider before investing.

Factors-Determining-top-11-sip

Quantitative Factors to Invest in Top SIP

The quantitative factors one must consider before investing via SIP include performance rating (as per CRISIL, Value Research etc.), fund age, past returns and fund volatility, expense ratio and exit load.

Qualitative Factors to Invest in Top SIP

Qualitative key statistics to analyse include the track record of the fund manager, reputation of the fund house and the investment process of the SIP fund.

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FAQs

1. What are mutual funds?

A: Mutual funds are a part of the Systematic Investment Plan or SIPs that usually produce excellent returns later. When you invest in Mutual Funds, you diversify your investment portfolio. A mutual fund can be considered an investment tool developed by an Asset Management Company by pooling in multiple investors and companies' investments.

2. What are the different types of mutual funds?

A: Mutual funds can be broadly classified into the following types:

3. What are growth equity funds?

A: The growth Equity Funds are the most common mutual funds. However, this portfolio will consist of volatile investments. Nevertheless, investors often prefer the growth equity funds as these have higher returns and can be invested for a shorter period.

4. Why should you invest in a debt fund?

A: These investments are ideal for individuals who are looking for fixed returns on investment. The fixed income can be earned from debentures, debt securities, commercial papers, and government securities. Mutual funds would create a portfolio of various types of investments and dissipate the risk.

5. Why should you invest in SIPs?

A: SIPs can provide the investor with assured income. If you are interested in earning passive income and want to ensure that your investment produces regular income, then you can consider investing in SIPs. .

6. Why invest in a tax saving mutual fund?

A: If you are looking to grow your Capital and at the same time want to enjoy tax exemptions, then you could invest in a tax saving mutual fund. Under Section 80C of the income tax Act of 1861, if you invest in equity-linked tax saving mutual funds, you can enjoy tax exemptions on your investment.

7. Do I need a broker to invest in mutual funds?

A: You will need the support of a broker or a financial institute to help you with the investment. You will need the support to identify the suitable SIPs and ensure that the investments have been made correctly.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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