+91-22-48913909
Table of Contents
- Why Invest in Top 11 SIP Funds?
- How to Invest in SIP?
- Top 11 SIP Mutual Funds in India FY 23 - 24
- Parameters to Consider While Investing in Best Systematic Investment Plans
- How to Invest in SIP MF Online?
- FAQs
Top 11 Funds
- Kotak Small Cap Fund
- ICICI Prudential Smallcap Fund
- Aditya Birla Sun Life Digital India Fund
- ICICI Prudential Technology Fund
- SBI Technology Opportunities Fund
- Principal Emerging Bluechip Fund
- PGIM India Midcap Opportunities Fund
- ICICI Prudential Infrastructure Fund
- DSP BlackRock Small Cap Fund
- SBI Contra Fund
- Invesco India Infrastructure Fund
11 Best Mutual Funds for SIP 2023
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.
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.
Talk to our investment specialist
Top 11 SIP Mutual Funds in India FY 23 - 24
(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 (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 (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 Below is the key information for Aditya Birla Sun Life Digital India Fund Returns up to 1 year are on 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 Below is the key information for ICICI Prudential Technology Fund Returns up to 1 year are on (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 Below is the key information for SBI Technology Opportunities Fund Returns up to 1 year are on 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 Below is the key information for Principal Emerging Bluechip Fund Returns up to 1 year are on 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 Below is the key information for PGIM India Midcap Opportunities 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 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 provide the investors maximum growth opportunity through equity
investments in stocks of growth oriented sectors of the economy. SBI Contra Fund is a Equity - Contra fund was launched on 6 May 05. It is a fund with Moderately High risk and has given a Below is the key information for SBI Contra 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 Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Kotak Small Cap Fund Growth ₹193.889
↑ 0.99 ₹11,597 1,000 13.5 19.8 18.7 36 20.8 -3.1 ICICI Prudential Smallcap Fund Growth ₹65.13
↑ 0.34 ₹6,511 100 14.4 23.6 25.3 36.6 20.1 5.7 Aditya Birla Sun Life Digital India Fund Growth ₹134.3
↑ 1.06 ₹3,718 100 13 8.8 12.2 26 20 -21.6 ICICI Prudential Technology Fund Growth ₹147.01
↑ 1.40 ₹10,722 100 11.8 4.5 6.4 26.7 20 -23.2 SBI Technology Opportunities Fund Growth ₹154.255
↑ 1.41 ₹3,081 500 10 4.2 10.1 26.7 19.5 -15.5 Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03 ₹3,124 100 2.9 13.6 38.9 21.9 19.2 PGIM India Midcap Opportunities Fund Growth ₹47.77
↑ 0.35 ₹9,261 1,000 8.5 12.4 9.8 30 19.2 -1.7 ICICI Prudential Infrastructure Fund Growth ₹120.77
↑ 0.55 ₹2,917 100 13.6 21.6 36.5 38.7 19.1 28.8 DSP BlackRock Small Cap Fund Growth ₹140.55
↑ 1.08 ₹11,651 500 17.9 26.7 28 33.7 18.7 0.5 SBI Contra Fund Growth ₹267.29
↑ 0.94 ₹13,461 500 11.9 17.5 23.9 36.1 18.7 12.8 Invesco India Infrastructure Fund Growth ₹39.3
↑ 0.38 ₹585 500 13.6 22.3 24.8 29.3 18.1 2.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23 200 Crore in Equity Category of mutual funds ordered based on 5 year calendar year returns.
1. Kotak Small Cap Fund
CAGR/Annualized return of 17.4% since its launch. Ranked 23 in Small Cap category. Return for 2022 was -3.1% , 2021 was 70.9% and 2020 was 34.2% . Kotak Small Cap Fund
Growth Launch Date 24 Feb 05 NAV (22 Aug 23) ₹193.889 ↑ 0.99 (0.51 %) Net Assets (Cr) ₹11,597 on 31 Jul 23 Category Equity - Small Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.48 Sharpe Ratio 1.24 Information Ratio 0.28 Alpha Ratio -1.09 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 Aug 18 ₹10,000 31 Aug 19 ₹8,471 31 Aug 20 ₹9,875 31 Aug 21 ₹19,879 31 Aug 22 ₹21,724 31 Aug 23 ₹25,851 Returns for Kotak Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 2.9% 3 Month 13.5% 6 Month 19.8% 1 Year 18.7% 3 Year 36% 5 Year 20.8% 10 Year 15 Year Since launch 17.4% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Pankaj Tibrewal 21 Jan 10 13.62 Yr. Arjun Khanna 30 Apr 22 1.34 Yr. Data below for Kotak Small Cap Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Cash 7.24% Equity 92.76% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cyient Ltd (Industrials)
Equity, Since 31 Dec 19 | CYIENT4% ₹464 Cr 2,834,504
↑ 75,862 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 18 | CARBORUNIV3% ₹418 Cr 3,676,524
↑ 45,540 Century Plyboards (India) Ltd (Basic Materials)
Equity, Since 31 Oct 18 | 5325483% ₹412 Cr 6,012,844
↑ 340,872 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Jan 18 | RATNAMANI3% ₹377 Cr 1,426,985 Galaxy Surfactants Ltd (Basic Materials)
Equity, Since 31 Jan 18 | GALAXYSURF3% ₹313 Cr 1,166,604
↑ 60,000 Alembic Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Jan 22 | 5335732% ₹300 Cr 3,865,125 Blue Star Ltd (Industrials)
Equity, Since 31 May 18 | BLUESTARCO2% ₹293 Cr 3,961,516
↑ 155,000 Garware Technical Fibres Ltd (Consumer Cyclical)
Equity, Since 30 Jun 21 | GARFIBRES2% ₹279 Cr 873,559
↑ 9,657 Supreme Industries Ltd (Industrials)
Equity, Since 31 May 14 | 5099302% ₹256 Cr 573,917
↓ -240,725 V-Guard Industries Ltd (Industrials)
Equity, Since 31 Oct 18 | VGUARD2% ₹250 Cr 7,938,792
↑ 88,091 2. ICICI Prudential Smallcap Fund
CAGR/Annualized return of 12.6% since its launch. Ranked 26 in Small Cap category. Return for 2022 was 5.7% , 2021 was 61% and 2020 was 22.8% . ICICI Prudential Smallcap Fund
Growth Launch Date 18 Oct 07 NAV (22 Aug 23) ₹65.13 ↑ 0.34 (0.52 %) Net Assets (Cr) ₹6,511 on 31 Jul 23 Category Equity - Small Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.04 Sharpe Ratio 1.54 Information Ratio 0.38 Alpha Ratio 2.62 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 Aug 18 ₹10,000 31 Aug 19 ₹8,965 31 Aug 20 ₹9,621 31 Aug 21 ₹17,922 31 Aug 22 ₹20,239 31 Aug 23 ₹25,430 Returns for ICICI Prudential Smallcap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 2.5% 3 Month 14.4% 6 Month 23.6% 1 Year 25.3% 3 Year 36.6% 5 Year 20.1% 10 Year 15 Year Since launch 12.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.7% 2021 61% 2020 22.8% 2019 10% 2018 -22.4% 2017 42.7% 2016 6% 2015 0.5% 2014 50.6% 2013 8.8% Fund Manager information for ICICI Prudential Smallcap Fund
Name Since Tenure Harish Bihani 5 Nov 18 4.82 Yr. Sharmila D’mello 30 Jun 22 1.17 Yr. Data below for ICICI Prudential Smallcap Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Industrials 23.96% Consumer Cyclical 20.12% Health Care 14.37% Financial Services 8.04% Basic Materials 6.07% Technology 4.27% Real Estate 4.07% Communication Services 4.02% Consumer Defensive 3.32% Asset Allocation
Asset Class Value Cash 10.93% Equity 89.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cyient Ltd (Industrials)
Equity, Since 31 Aug 18 | CYIENT4% ₹306 Cr 1,870,832 PVR INOX Ltd (Communication Services)
Equity, Since 28 Feb 23 | PVRINOX4% ₹265 Cr 1,482,223
↑ 1,500 Krishna Institute of Medical Sciences Ltd (Healthcare)
Equity, Since 30 Sep 22 | 5433083% ₹202 Cr 1,008,989
↓ -15,000 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI3% ₹199 Cr 734,852
↑ 100,000 Rolex Rings Ltd (Industrials)
Equity, Since 31 Jul 21 | 5433253% ₹191 Cr 873,867 EPL Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Apr 21 | 5001353% ₹181 Cr 9,219,340
↑ 52,730 Mahindra Lifespace Developers Ltd (Real Estate)
Equity, Since 31 Aug 19 | MAHLIFE2% ₹162 Cr 2,848,630 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 30 Jun 19 | CHOLAHLDNG2% ₹159 Cr 1,617,691 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 30 Jun 19 | MCX2% ₹155 Cr 917,205 V-Mart Retail Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | VMART2% ₹151 Cr 676,631 3. Aditya Birla Sun Life Digital India Fund
CAGR/Annualized return of 11.6% since its launch. Ranked 33 in Sectoral category. Return for 2022 was -21.6% , 2021 was 70.5% and 2020 was 59% . Aditya Birla Sun Life Digital India Fund
Growth Launch Date 15 Jan 00 NAV (21 Aug 23) ₹134.3 ↑ 1.06 (0.80 %) Net Assets (Cr) ₹3,718 on 31 Jul 23 Category Equity - Sectoral AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆ Risk High Expense Ratio 2.08 Sharpe Ratio 0.48 Information Ratio 1.52 Alpha Ratio 8.27 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.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,703 31 Aug 20 ₹11,974 31 Aug 21 ₹23,623 31 Aug 22 ₹20,792 31 Aug 23 ₹24,765 Returns for Aditya Birla Sun Life Digital India Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 3.7% 3 Month 13% 6 Month 8.8% 1 Year 12.2% 3 Year 26% 5 Year 20% 10 Year 15 Year Since launch 11.6% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Kunal Sangoi 16 Jan 14 9.63 Yr. Dhaval Joshi 21 Nov 22 0.78 Yr. Data below for Aditya Birla Sun Life Digital India Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Technology 76.18% Communication Services 9.17% Industrials 8.71% Consumer Cyclical 2.71% Asset Allocation
Asset Class Value Cash 3.23% Equity 96.77% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY23% ₹898 Cr 6,253,401 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 05 | TCS11% ₹413 Cr 1,231,476
↑ 30,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH8% ₹301 Cr 2,568,727
↑ 200,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL6% ₹246 Cr 2,874,697
↑ 200,000 LTIMindtree Ltd (Technology)
Equity, Since 31 Mar 21 | LTIM6% ₹234 Cr 451,352
↑ 35,153 Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT5% ₹176 Cr 1,077,664 Coforge Ltd (Technology)
Equity, Since 30 Jun 20 | COFORGE4% ₹164 Cr 299,286
↑ 47,340 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 5327553% ₹123 Cr 1,024,930
↓ -200,000 Birlasoft Ltd (Technology)
Equity, Since 30 Sep 20 | BSOFT3% ₹106 Cr 2,083,371
↓ -200,000 Rategain Travel Technologies Ltd (Technology)
Equity, Since 31 Dec 21 | 5434172% ₹93 Cr 1,540,344
↓ -229,952 4. ICICI Prudential Technology Fund
CAGR/Annualized return of 12.1% since its launch. Ranked 37 in Sectoral category. Return for 2022 was -23.2% , 2021 was 75.7% and 2020 was 70.6% . ICICI Prudential Technology Fund
Growth Launch Date 3 Mar 00 NAV (21 Aug 23) ₹147.01 ↑ 1.40 (0.96 %) Net Assets (Cr) ₹10,722 on 31 Jul 23 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk High Expense Ratio 1.96 Sharpe Ratio 0.11 Information Ratio 1.33 Alpha Ratio 3.12 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 Aug 18 ₹10,000 31 Aug 19 ₹9,880 31 Aug 20 ₹11,835 31 Aug 21 ₹25,014 31 Aug 22 ₹21,761 31 Aug 23 ₹24,446 Returns for ICICI Prudential Technology Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 3.3% 3 Month 11.8% 6 Month 4.5% 1 Year 6.4% 3 Year 26.7% 5 Year 20% 10 Year 15 Year Since launch 12.1% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Vaibhav Dusad 2 May 20 3.33 Yr. Sharmila D’mello 30 Jun 22 1.17 Yr. Data below for ICICI Prudential Technology Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Cash 2.97% Equity 97.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY28% ₹3,104 Cr 21,626,635
↓ -610,099 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS14% ₹1,526 Cr 4,547,147
↓ -130,962 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL8% ₹926 Cr 10,812,794
↑ 605,085 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH7% ₹780 Cr 6,652,651
↓ -238,161 Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 5327556% ₹614 Cr 5,109,553
↑ 320,274 LTIMindtree Ltd (Technology)
Equity, Since 31 Jul 16 | LTIM5% ₹515 Cr 990,932
↑ 25,000 Persistent Systems Ltd (Technology)
Equity, Since 31 May 20 | PERSISTENT3% ₹319 Cr 594,446
↑ 76,094 Wipro Ltd (Technology)
Equity, Since 30 Sep 19 | 5076852% ₹250 Cr 6,127,361
↓ -984,537 Mphasis Ltd (Technology)
Equity, Since 30 Jun 20 | 5262992% ₹223 Cr 918,496
↑ 93,764 Zensar Technologies Ltd (Technology)
Equity, Since 30 Nov 21 | ZENSARTECH2% ₹218 Cr 4,142,353
↓ -579,658 5. SBI Technology Opportunities Fund
CAGR/Annualized return of 19.7% since its launch. Ranked 42 in Sectoral category. Return for 2022 was -15.5% , 2021 was 66.4% and 2020 was 47.3% . SBI Technology Opportunities Fund
Growth Launch Date 9 Jan 13 NAV (21 Aug 23) ₹154.255 ↑ 1.41 (0.92 %) Net Assets (Cr) ₹3,081 on 31 Jul 23 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆ Risk High Expense Ratio 2.06 Sharpe Ratio 0.43 Information Ratio 1.34 Alpha Ratio 7.06 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-15 Days (0.5%),15 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹10,292 31 Aug 20 ₹11,549 31 Aug 21 ₹22,769 31 Aug 22 ₹20,404 31 Aug 23 ₹24,096 Returns for SBI Technology Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 2.5% 3 Month 10% 6 Month 4.2% 1 Year 10.1% 3 Year 26.7% 5 Year 19.5% 10 Year 15 Year Since launch 19.7% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Saurabh Pant 1 Jan 22 1.67 Yr. Mohit Jain 1 Jan 22 1.67 Yr. Data below for SBI Technology Opportunities Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Technology 71.76% Communication Services 20.34% Industrials 3.94% Consumer Cyclical 2.62% Asset Allocation
Asset Class Value Cash 1.34% Equity 98.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY25% ₹818 Cr 5,700,000 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 06 | TCS11% ₹369 Cr 1,100,000
↓ -180,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL9% ₹300 Cr 3,500,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 22 | 5327557% ₹238 Cr 1,980,000 Netflix Inc (Communication Services)
Equity, Since 31 Aug 21 | NFLX4% ₹136 Cr 38,000 Firstsource Solutions Ltd Shs Dematerialised (Technology)
Equity, Since 31 Mar 23 | FSL4% ₹135 Cr 8,300,000 PVR INOX Ltd (Communication Services)
Equity, Since 31 Jan 22 | PVRINOX4% ₹129 Cr 722,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH4% ₹129 Cr 1,100,000 Delhivery Ltd (Industrials)
Equity, Since 31 Jan 23 | 5435294% ₹127 Cr 2,900,000 Wipro Ltd (Technology)
Equity, Since 30 Apr 21 | 5076854% ₹120 Cr 2,947,197 6. Principal Emerging Bluechip Fund
CAGR/Annualized return of 24.8% since its launch. Ranked 1 in Large & Mid Cap category. . 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.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,490 31 Aug 20 ₹9,492 31 Aug 21 ₹15,487 Returns for Principal Emerging Bluechip Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 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
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for Principal Emerging Bluechip Fund
Name Since Tenure Data below for Principal Emerging Bluechip Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. PGIM India Midcap Opportunities Fund
CAGR/Annualized return of 17.5% since its launch. Ranked 40 in Mid Cap category. Return for 2022 was -1.7% , 2021 was 63.8% and 2020 was 48.4% . PGIM India Midcap Opportunities Fund
Growth Launch Date 2 Dec 13 NAV (22 Aug 23) ₹47.77 ↑ 0.35 (0.74 %) Net Assets (Cr) ₹9,261 on 31 Jul 23 Category Equity - Mid Cap AMC Pramerica Asset Managers Private Limited Rating ☆ Risk High Expense Ratio 1.95 Sharpe Ratio 0.5 Information Ratio -0.26 Alpha Ratio -9.12 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.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,005 31 Aug 20 ₹10,574 31 Aug 21 ₹20,304 31 Aug 22 ₹22,464 31 Aug 23 ₹24,209 Returns for PGIM India Midcap Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 0.8% 3 Month 8.5% 6 Month 12.4% 1 Year 9.8% 3 Year 30% 5 Year 19.2% 10 Year 15 Year Since launch 17.5% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Vinay Paharia 1 Apr 23 0.42 Yr. Puneet Pal 16 Jul 22 1.13 Yr. Anandha Padmanabhan Anjeneyan 19 Aug 23 0.04 Yr. Data below for PGIM India Midcap Opportunities Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Consumer Cyclical 20.48% Financial Services 20.26% Industrials 13.56% Basic Materials 10.96% Health Care 8.41% Technology 6.83% Real Estate 4.8% Utility 4.41% Consumer Defensive 3.65% Asset Allocation
Asset Class Value Cash 6.49% Equity 93.35% Debt 0.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity Phoenix Mills Ltd (Real Estate)
Equity, Since 31 Jan 23 | 5031003% ₹294 Cr 1,697,055 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 22 | CHOLAFIN3% ₹287 Cr 2,532,684 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Apr 23 | TIINDIA3% ₹283 Cr 919,677 Timken India Ltd Shs Dematerialised (Industrials)
Equity, Since 30 Sep 21 | 5221133% ₹280 Cr 796,219 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Nov 22 | MAXHEALTH3% ₹271 Cr 4,562,120 Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 5004803% ₹270 Cr 1,371,160 Abbott India Ltd (Healthcare)
Equity, Since 31 Jan 23 | ABBOTINDIA3% ₹241 Cr 100,119 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK3% ₹236 Cr 1,428,000
↑ 1,428,000 Indraprastha Gas Ltd (Utilities)
Equity, Since 30 Apr 23 | IGL2% ₹226 Cr 4,890,924 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 23 | KOTAKBANK2% ₹222 Cr 1,193,854 8. ICICI Prudential Infrastructure Fund
CAGR/Annualized return of 14.9% since its launch. Ranked 27 in Sectoral category. Return for 2022 was 28.8% , 2021 was 50.1% and 2020 was 3.6% . ICICI Prudential Infrastructure Fund
Growth Launch Date 31 Aug 05 NAV (22 Aug 23) ₹120.77 ↑ 0.55 (0.46 %) Net Assets (Cr) ₹2,917 on 31 Jul 23 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.22 Sharpe Ratio 2.71 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 Aug 18 ₹10,000 31 Aug 19 ₹9,033 31 Aug 20 ₹8,472 31 Aug 21 ₹14,496 31 Aug 22 ₹17,743 31 Aug 23 ₹23,558 Returns for ICICI Prudential Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 3% 3 Month 13.6% 6 Month 21.6% 1 Year 36.5% 3 Year 38.7% 5 Year 19.1% 10 Year 15 Year Since launch 14.9% Historical performance (Yearly) on absolute basis
Year Returns 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% 2013 -5% Fund Manager information for ICICI Prudential Infrastructure Fund
Name Since Tenure Ihab Dalwai 3 Jun 17 6.25 Yr. Sharmila D’mello 30 Jun 22 1.17 Yr. Data below for ICICI Prudential Infrastructure Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Cash 3.44% Equity 95.36% Debt 1.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 5325559% ₹278 Cr 12,600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT6% ₹176 Cr 649,833
↑ 20,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK5% ₹142 Cr 1,480,000
↑ 200,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 16 | BHARTIARTL4% ₹130 Cr 1,520,601
↑ 17,242 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | 5003124% ₹124 Cr 7,145,300 Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL4% ₹122 Cr 1,841,962 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK4% ₹117 Cr 744,300 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC4% ₹107 Cr 6,300,000 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jan 20 | TATASTEEL2% ₹72 Cr 5,831,751
↑ 1,500,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322152% ₹60 Cr 620,000 9. DSP BlackRock Small Cap Fund
CAGR/Annualized return of 17.7% since its launch. Ranked 7 in Small Cap category. Return for 2022 was 0.5% , 2021 was 58.9% and 2020 was 33.1% . DSP BlackRock Small Cap Fund
Growth Launch Date 14 Jun 07 NAV (22 Aug 23) ₹140.55 ↑ 1.08 (0.77 %) Net Assets (Cr) ₹11,651 on 31 Jul 23 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.86 Sharpe Ratio 1.56 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 Aug 18 ₹10,000 31 Aug 19 ₹8,075 31 Aug 20 ₹9,526 31 Aug 21 ₹16,619 31 Aug 22 ₹18,553 31 Aug 23 ₹23,874 Returns for DSP BlackRock Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 2.7% 3 Month 17.9% 6 Month 26.7% 1 Year 28% 3 Year 33.7% 5 Year 18.7% 10 Year 15 Year Since launch 17.7% Historical performance (Yearly) on absolute basis
Year Returns 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% 2013 3.8% Fund Manager information for DSP BlackRock Small Cap Fund
Name Since Tenure Vinit Sambre 21 Jun 10 13.21 Yr. Jay Kothari 1 Mar 13 10.51 Yr. Resham Jain 16 Mar 18 5.47 Yr. Abhishek Ghosh 1 Sep 22 1 Yr. Data below for DSP BlackRock Small Cap Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Consumer Cyclical 32.67% Basic Materials 17.94% Industrials 16.67% Health Care 9.23% Consumer Defensive 8.44% Financial Services 6.61% Technology 2.18% Communication Services 0.88% Asset Allocation
Asset Class Value Cash 5.38% Equity 94.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cyient Ltd (Industrials)
Equity, Since 30 Sep 21 | CYIENT4% ₹540 Cr 3,300,697 Suprajit Engineering Ltd (Consumer Cyclical)
Equity, Since 30 Jun 14 | SUPRAJIT3% ₹394 Cr 9,323,935 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Dec 14 | RATNAMANI3% ₹322 Cr 1,218,475
↓ -38,209 Nilkamal Ltd (Consumer Cyclical)
Equity, Since 31 Jan 17 | NILKAMAL3% ₹318 Cr 1,289,228 Triveni Engineering & Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 17 | 5323563% ₹314 Cr 9,987,384 Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 14 | 5244942% ₹282 Cr 3,229,623 La Opala RG Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | LAOPALA2% ₹267 Cr 6,098,890
↑ 122,037 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 31 Dec 21 | 5230252% ₹252 Cr 682,864 Atul Ltd (Basic Materials)
Equity, Since 31 Jul 13 | ATUL2% ₹241 Cr 328,304 eClerx Services Ltd (Technology)
Equity, Since 28 Feb 18 | ECLERX2% ₹240 Cr 1,479,647 10. SBI Contra Fund
CAGR/Annualized return of 16.5% since its launch. Ranked 48 in Contra category. Return for 2022 was 12.8% , 2021 was 49.9% and 2020 was 30.6% . SBI Contra Fund
Growth Launch Date 6 May 05 NAV (21 Aug 23) ₹267.29 ↑ 0.94 (0.35 %) Net Assets (Cr) ₹13,461 on 31 Jul 23 Category Equity - Contra AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.92 Sharpe Ratio 2.09 Information Ratio 2.34 Alpha Ratio 12.15 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 Aug 18 ₹10,000 31 Aug 19 ₹8,357 31 Aug 20 ₹9,034 31 Aug 21 ₹15,940 31 Aug 22 ₹18,872 31 Aug 23 ₹23,501 Returns for SBI Contra Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 1% 3 Month 11.9% 6 Month 17.5% 1 Year 23.9% 3 Year 36.1% 5 Year 18.7% 10 Year 15 Year Since launch 16.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 12.8% 2021 49.9% 2020 30.6% 2019 -1% 2018 -14.3% 2017 40.2% 2016 2.4% 2015 -0.1% 2014 47.7% 2013 -1.7% Fund Manager information for SBI Contra Fund
Name Since Tenure Dinesh Balachandran 7 May 18 5.32 Yr. Mohit Jain 5 May 18 5.33 Yr. Data below for SBI Contra Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 18.41% Basic Materials 11.74% Industrials 11.6% Technology 7.9% Health Care 7.89% Utility 7.75% Energy 6.59% Consumer Cyclical 5.86% Consumer Defensive 3.76% Real Estate 0.95% Communication Services 0.92% Asset Allocation
Asset Class Value Cash 16.63% Equity 83.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cognizant Technology Solutions Corp Class A (Technology)
Equity, Since 28 Feb 23 | CTSH3% ₹491 Cr 828,500 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFCBANK3% ₹446 Cr 2,837,072 GAIL (India) Ltd (Utilities)
Equity, Since 28 Feb 21 | 5321553% ₹428 Cr 37,211,295 Coforge Ltd (Technology)
Equity, Since 31 Aug 23 | COFORGE2% ₹320 Cr 585,000
↑ 585,000 Delhivery Ltd (Industrials)
Equity, Since 31 Oct 22 | 5435292% ₹313 Cr 7,156,013 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | ICICIBANK2% ₹301 Cr 3,140,345 182 DTB 29092023
Sovereign Bonds | -2% ₹298 Cr 30,000,000 91 DTB 09112023
Sovereign Bonds | -2% ₹296 Cr 30,000,000
↑ 30,000,000 91 DTB 17112023
Sovereign Bonds | -2% ₹296 Cr 30,000,000
↑ 30,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 19 | 5322152% ₹292 Cr 3,004,255 11. Invesco India Infrastructure Fund
CAGR/Annualized return of 9.1% since its launch. Ranked 24 in Sectoral category. Return for 2022 was 2.3% , 2021 was 55.4% and 2020 was 16.2% . Invesco India Infrastructure Fund
Growth Launch Date 21 Nov 07 NAV (22 Aug 23) ₹39.3 ↑ 0.38 (0.98 %) Net Assets (Cr) ₹585 on 31 Jul 23 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.49 Sharpe Ratio 1.74 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 Aug 18 ₹10,000 31 Aug 19 ₹9,032 31 Aug 20 ₹10,075 31 Aug 21 ₹16,630 31 Aug 22 ₹18,636 31 Aug 23 ₹22,934 Returns for Invesco India Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23 Duration Returns 1 Month 2.8% 3 Month 13.6% 6 Month 22.3% 1 Year 24.8% 3 Year 29.3% 5 Year 18.1% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 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% 2013 -4.1% Fund Manager information for Invesco India Infrastructure Fund
Name Since Tenure Amit Nigam 3 Sep 20 2.99 Yr. Data below for Invesco India Infrastructure Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Industrials 53.82% Utility 21.32% Basic Materials 9.69% Consumer Cyclical 5.74% Technology 2.42% Communication Services 1.82% Energy 1.7% Health Care 1.46% Asset Allocation
Asset Class Value Cash 2.03% Equity 97.97% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT9% ₹54 Cr 198,796
↓ -16,473 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 30 Apr 22 | 5328986% ₹36 Cr 1,470,797
↑ 463,480 GAIL (India) Ltd (Utilities)
Equity, Since 31 Jan 23 | 5321555% ₹29 Cr 2,535,861
↑ 151,634 Gujarat State Petronet Ltd (Utilities)
Equity, Since 30 Nov 22 | 5327025% ₹28 Cr 998,624
↑ 1,935 Tata Power Co Ltd (Utilities)
Equity, Since 31 Jan 21 | 5004004% ₹25 Cr 1,019,084 KNR Constructions Ltd (Industrials)
Equity, Since 28 Feb 21 | 5329423% ₹21 Cr 746,831
↓ -95,755 KEI Industries Ltd (Industrials)
Equity, Since 30 Sep 19 | KEI3% ₹19 Cr 70,355
↓ -30,531 BEML Ltd (Industrials)
Equity, Since 31 May 23 | 5000483% ₹18 Cr 73,947 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Nov 17 | BEL3% ₹18 Cr 1,330,994 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 30 Jun 21 | RATNAMANI3% ₹17 Cr 65,754
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.
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.
How to Invest in SIP MF Online?
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!
Begin your investment journey with SIP today!
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:
- Equity or growth funds
- Fixed income funds or Debt fund
- Tax saving funds
- Liquid Funds
- Balanced Fund
- Gilt Funds
- Exchange-Traded Funds or ETFs
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.
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2023 Shepard Technologies Private Limited. All Rights Reserved