+91-22-48913909SIP vs RD
Which is Better Investment Option?
SIP vs RD? where to invest for better wealth creation? An ultimate approach to generate wealth is saving money every month. Typically, a Systematic Investment plan (SIP) and an RD (Recurring deposit) are two of the most efficient investment options in India to save money every month. Both SIP and RD enable investors to invest small sums of money in regular intervals to earn good returns. With a Systematic Investment Plan (SIP), the investors have to invest a small amount of money, either monthly or quarterly, to earn market-linked returns. While with an RD (Recurring Deposit), the investor invests fixed amount of money for a pre-decided period to yield fixed returns. Now, the investors can easily calculate SIP returns using a sip calculator and RD returns using an RD Calculator to estimate their investment needs.
In India, few of the most convenient periodic investment options include SIP, RD and PPF (SIP being the most popular one).
SIP Vs RD - Product Structure
Systematic Investment Plan (SIP)
A SIP is an Investing mode to invest a certain amount in Mutual Funds periodically. The minimum amount to invest in a Systematic Investment Plan is as less as INR 500. Usually, SIPs in equity are said to offer good returns because they are market linked and can give return commensurate to the market. As per various sources, the SIP returns over long periods can be as high as 12% to 22% p.a., which is much higher than the interest rates offered by an RD (Recurring Deposit). The only disadvantage of a SIP (Systematic Investment Plan) is that the SIP returns are volatile since they are market-linked, so the risk factor is much higher. However, when invested for long-term, SIPs are considered to offer good returns.
Recurring Deposit (RD)
A Recurring Deposit or RD is an investment scheme in which the investor has to choose an investment amount and the tenure of investment before investing. Under an RD, the investor has to invest monthly over the selected tenure to earn some interest and the invested amount. Generally, the interest rate of RD varies from 7% to 9% p.a. and is consequently higher for senior citizens. The RD return rate is much less than a Fixed Deposit and SIP because an RD earns interest of the entire 12 months only on the first deposit. On the second deposit in an RD, the interest is earned for 11 months, on the third deposit for 10 months and so on. So, there are no compounding benefits in an RD, unlike FD and SIP. The RD returns are fixed and can be calculated easily using an RD calculator. The major disadvantage of a Recurring Deposit is that it is not tax efficient. TDS (Tax Deducted at Source) is applicable on the interest income from RD.
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Fund Selection Methodology used to find 7 funds
Top 7 Performing Balanced Fund SIP
As Balanced Fund have less riskier than Equity Mutual Funds, Balanced Funds can give stable returns over extended period of time. List of funds below are based on last 3 Years annualized returns (CAGR) and funds having net assets over 500 Crore & Fund Age > 3 years.
(Erstwhile Sundaram Balanced Fund) The scheme seeks to generate capital appreciation and current income through a judicious mix of investments in equities and fixed income securities. Below is the key information for Sundaram Equity Hybrid Fund Returns up to 1 year are on (Erstwhile IDFC Balanced Fund) The Fund seeks to generate long term capital appreciation along with current income by investing in a mix of equity and equity related securities, debt securities and money market instruments. There is no assurance or guarantee that the objectives of the scheme will be realised. Research Highlights for Bandhan Hybrid Equity Fund Below is the key information for Bandhan Hybrid Equity Fund Returns up to 1 year are on (Erstwhile SBI Magnum Monthly Income Plan Floater) To provide regular income, liquidity and attractive returns to investors in addition
to mitigating the impact of interest rate risk through an actively managed
portfolio of floating rate and fixed rate debt instruments, equity, money market
instruments and derivatives. Research Highlights for SBI Multi Asset Allocation Fund Below is the key information for SBI Multi Asset Allocation Fund Returns up to 1 year are on To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold exchange traded funds. Research Highlights for Axis Triple Advantage Fund Below is the key information for Axis Triple Advantage Fund Returns up to 1 year are on (Erstwhile BOI AXA Mid Cap Equity And Debt Fund) The scheme's objective is to provide capital appreciation and income distribution to investors from a portfolio constituting of mid cap equity and equity related securities as well as fixed income securities.However there can be no assurance that the investment objectives of the Scheme will be realized Research Highlights for BOI AXA Mid and Small Cap Equity and Debt Fund Below is the key information for BOI AXA Mid and Small Cap Equity and Debt Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Dynamic Plan) To generate capital appreciation by actively investing in equity and equity related securities. For defensive considerations, the Scheme may invest in debt, money market instruments and derivatives. The investment manager will have the discretion to take aggressive asset calls i.e. by staying 100% invested in equity market/equity related instruments at a given point of time and 0% at another, in which case, the fund may be invested in debt related instruments at its discretion. The AMC may choose to churn the portfolio of the Scheme in order to achieve the investment objective. The Scheme is suitable for investors seeking high returns and for those who are willing to take commensurate risks. Research Highlights for ICICI Prudential Multi-Asset Fund Below is the key information for ICICI Prudential Multi-Asset Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Balanced Fund) To generate long term capital appreciation and current income from a portfolio
that is invested in equity and equity related securities as well as in fixed income
securities. Research Highlights for ICICI Prudential Equity and Debt Fund Below is the key information for ICICI Prudential Equity and Debt Fund Returns up to 1 year are on 1. Sundaram Equity Hybrid Fund
Sundaram Equity Hybrid Fund
Growth Launch Date 23 Jun 00 NAV (31 Dec 21) ₹135.137 ↑ 0.78 (0.58 %) Net Assets (Cr) ₹1,954 on 30 Nov 21 Category Hybrid - Hybrid Equity AMC Sundaram Asset Management Company Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.18 Sharpe Ratio 2.64 Information Ratio -0.12 Alpha Ratio 5.81 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.
Date Value Returns for Sundaram Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21 Duration Returns 1 Month 1.8% 3 Month 0.5% 6 Month 10.5% 1 Year 27.1% 3 Year 16% 5 Year 14.2% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Fund Manager information for Sundaram Equity Hybrid Fund
Name Since Tenure Data below for Sundaram Equity Hybrid Fund as on 30 Nov 21
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. Bandhan Hybrid Equity Fund
Bandhan Hybrid Equity Fund
Growth Launch Date 30 Dec 16 NAV (13 Nov 26) ₹28.962 ↓ -0.10 (-0.33 %) Net Assets (Cr) ₹2,663 on 30 Sep 26 Category Hybrid - Hybrid Equity AMC IDFC Asset Management Company Limited Rating Risk Moderately High Expense Ratio 2.15 Sharpe Ratio 0.01 Information Ratio 0.83 Alpha Ratio 6.68 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 Oct 21 ₹10,000 31 Oct 22 ₹10,129 31 Oct 23 ₹10,877 31 Oct 24 ₹14,191 31 Oct 25 ₹15,645 31 Oct 26 ₹15,679 Returns for Bandhan Hybrid Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21 Duration Returns 1 Month 6.8% 3 Month 2% 6 Month 10.4% 1 Year 7.5% 3 Year 14.6% 5 Year 10.7% 10 Year 15 Year Since launch 11.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 7.7% 2024 21% 2023 20.4% 2022 -1.1% 2021 30.8% 2020 13.9% 2019 4.7% 2018 -3.8% 2017 16.2% 2016 Fund Manager information for Bandhan Hybrid Equity Fund
Name Since Tenure Harshal Joshi 28 Jul 21 5.18 Yr. Brijesh Shah 10 Jun 24 2.31 Yr. Prateek Poddar 7 Jun 24 2.32 Yr. Ritika Behera 7 Oct 23 2.98 Yr. Gaurav Satra 7 Jun 24 2.32 Yr. Data below for Bandhan Hybrid Equity Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 4.13% Equity 78.35% Debt 17.51% Other 0% Equity Sector Allocation
Sector Value Financial Services 22.79% Consumer Cyclical 12.51% Industrials 8.01% Technology 7.74% Health Care 6.12% Basic Materials 6.06% Consumer Defensive 4.12% Energy 3.6% Utility 3.43% Communication Services 2.63% Real Estate 1.33% Debt Sector Allocation
Sector Value Corporate 15.24% Cash Equivalent 3.44% Government 2.97% Credit Quality
Rating Value AA 2.38% AAA 97.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 24 | ICICIBANK5% ₹145 Cr 1,100,588
↑ 65,081 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | HDFCBANK5% ₹125 Cr 1,764,594
↑ 129,696 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE4% ₹96 Cr 808,517
↑ 31,144 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN3% ₹77 Cr 807,383
↑ 34,077 NTPC Ltd (Utilities)
Equity, Since 28 Feb 23 | 5325553% ₹73 Cr 2,251,786
↑ 39,877 Power Finance Corporation Limited
Debentures | -3% ₹70 Cr 7,000,000
↑ 2,500,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 May 24 | M&M2% ₹55 Cr 187,507
↑ 16,570 7.3% Govt Stock 2053
Sovereign Bonds | -2% ₹53 Cr 5,500,000 JSW Steel Ltd (Basic Materials)
Equity, Since 31 Mar 25 | JSWSTEEL2% ₹53 Cr 420,659
↑ 29,496 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 17 | LT2% ₹51 Cr 135,989
↑ 3,229 3. SBI Multi Asset Allocation Fund
SBI Multi Asset Allocation Fund
Growth Launch Date 21 Dec 05 NAV (12 Nov 26) ₹66.3828 ↓ -0.03 (-0.04 %) Net Assets (Cr) ₹21,044 on 30 Sep 26 Category Hybrid - Multi Asset AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.41 Sharpe Ratio 0.21 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 21 ₹10,000 31 Oct 22 ₹10,388 31 Oct 23 ₹11,995 31 Oct 24 ₹15,127 31 Oct 25 ₹16,916 31 Oct 26 ₹17,166 Returns for SBI Multi Asset Allocation Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21 Duration Returns 1 Month 2.1% 3 Month -2% 6 Month 0.6% 1 Year 4.4% 3 Year 13.8% 5 Year 11.9% 10 Year 15 Year Since launch 9.5% Historical performance (Yearly) on absolute basis
Year Returns 2025 18.6% 2024 12.8% 2023 24.4% 2022 6% 2021 13% 2020 14.2% 2019 10.6% 2018 0.4% 2017 10.9% 2016 8.7% Fund Manager information for SBI Multi Asset Allocation Fund
Name Since Tenure Dinesh Balachandran 31 Oct 21 4.92 Yr. Mansi Sajeja 1 Dec 23 2.84 Yr. Vandna Soni 1 Jan 24 2.75 Yr. Data below for SBI Multi Asset Allocation Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 6.44% Equity 50.54% Debt 33.08% Other 9.94% Equity Sector Allocation
Sector Value Financial Services 13.33% Consumer Cyclical 6.63% Real Estate 6.26% Health Care 4.47% Utility 3.86% Basic Materials 3.66% Industrials 3.42% Energy 3.37% Consumer Defensive 2.75% Communication Services 1.63% Technology 0.9% Debt Sector Allocation
Sector Value Corporate 29.68% Cash Equivalent 5.74% Government 4.11% Credit Quality
Rating Value AA 64.3% AAA 35.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -6% ₹1,351 Cr 107,591,000 SBI Silver ETF
- | -4% ₹750 Cr 34,896,178 Brookfield India Real Estate Trust (Real Estate)
-, Since 30 Apr 25 | BIRET2% ₹510 Cr 15,164,234 Cholamandalam Investment And Finance Company Limited
Debentures | -2% ₹466 Cr 475 Embassy Office Parks REIT (Real Estate)
-, Since 30 Apr 25 | EMBASSY2% ₹414 Cr 9,520,000 GAIL (India) Ltd (Utilities)
Equity, Since 31 Mar 21 | 5321552% ₹398 Cr 23,350,297 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFCBANK2% ₹373 Cr 5,262,000 Bandhan Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | BANDHANBNK2% ₹365 Cr 20,500,000 Delhivery Ltd (Industrials)
Equity, Since 15 Apr 26 | 5435292% ₹354 Cr 8,638,573 ICICI Bank Ltd (Financial Services)
Equity, Since 15 Apr 22 | ICICIBANK1% ₹307 Cr 2,320,000 4. Axis Triple Advantage Fund
Axis Triple Advantage Fund
Growth Launch Date 23 Aug 10 NAV (12 Nov 26) ₹45.5403 ↓ -0.10 (-0.22 %) Net Assets (Cr) ₹2,616 on 30 Sep 26 Category Hybrid - Multi Asset AMC Axis Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2 Sharpe Ratio 0.09 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 21 ₹10,000 31 Oct 22 ₹9,537 31 Oct 23 ₹9,850 31 Oct 24 ₹12,497 31 Oct 25 ₹13,786 31 Oct 26 ₹13,957 Returns for Axis Triple Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21 Duration Returns 1 Month 4.6% 3 Month -0.7% 6 Month 5.1% 1 Year 5.5% 3 Year 13.8% 5 Year 7.3% 10 Year 15 Year Since launch 9.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 15.3% 2024 15.4% 2023 12.9% 2022 -5.8% 2021 22.8% 2020 18% 2019 15.3% 2018 1.9% 2017 15.9% 2016 7.1% Fund Manager information for Axis Triple Advantage Fund
Name Since Tenure Devang Shah 5 Apr 24 2.49 Yr. Aditya Pagaria 1 Jun 24 2.33 Yr. Ashish Naik 22 Jun 16 10.28 Yr. Hardik Shah 5 Apr 24 2.49 Yr. Pratik Tibrewal 1 Feb 25 1.66 Yr. Krishnaa N 16 Dec 24 1.79 Yr. Data below for Axis Triple Advantage Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 9.49% Equity 66.31% Debt 9.39% Other 14.82% Equity Sector Allocation
Sector Value Financial Services 20.77% Consumer Cyclical 10.53% Industrials 9.25% Health Care 6.6% Basic Materials 4.64% Technology 3.99% Energy 2.96% Consumer Defensive 2.7% Communication Services 2.14% Real Estate 2.12% Utility 0.98% Debt Sector Allocation
Sector Value Corporate 8.42% Cash Equivalent 8.34% Government 2.09% Credit Quality
Rating Value A 1.82% AA 50.18% AAA 48% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Gold ETF
- | -12% ₹308 Cr 25,164,451
↑ 100,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK6% ₹146 Cr 1,101,670
↑ 56,872 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | HDFCBANK4% ₹111 Cr 1,563,101
↑ 217,844 Axis Silver ETF
- | -3% ₹87 Cr 4,012,398
↑ 1,077,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 24 | BHARTIARTL3% ₹73 Cr 416,046
↑ 102,600 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 26 | 5322153% ₹68 Cr 555,654
↑ 105,833 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 19 | RELIANCE2% ₹65 Cr 546,750
↑ 118,716 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT2% ₹56 Cr 147,990
↓ -13,916 State Bank of India (Financial Services)
Equity, Since 30 Nov 22 | SBIN2% ₹55 Cr 568,247
↑ 54,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 24 | M&M2% ₹40 Cr 137,218 5. BOI AXA Mid and Small Cap Equity and Debt Fund
BOI AXA Mid and Small Cap Equity and Debt Fund
Growth Launch Date 20 Jul 16 NAV (13 Nov 26) ₹42.93 ↓ -0.02 (-0.05 %) Net Assets (Cr) ₹2,196 on 30 Sep 26 Category Hybrid - Hybrid Equity AMC BOI AXA Investment Mngrs Private Ltd Rating Risk Moderately High Expense Ratio 2.04 Sharpe Ratio 0.54 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 21 ₹10,000 31 Oct 22 ₹10,013 31 Oct 23 ₹12,110 31 Oct 24 ₹16,781 31 Oct 25 ₹16,958 31 Oct 26 ₹17,894 Returns for BOI AXA Mid and Small Cap Equity and Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21 Duration Returns 1 Month 0.4% 3 Month 0% 6 Month 6.6% 1 Year 12.6% 3 Year 13.8% 5 Year 12.8% 10 Year 15 Year Since launch 15.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 -0.9% 2024 25.8% 2023 33.7% 2022 -4.8% 2021 54.5% 2020 31.1% 2019 -4.7% 2018 -14.2% 2017 47.1% 2016 Fund Manager information for BOI AXA Mid and Small Cap Equity and Debt Fund
Name Since Tenure Alok Singh 16 Feb 17 9.63 Yr. Data below for BOI AXA Mid and Small Cap Equity and Debt Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 15.42% Equity 70.02% Debt 14.56% Equity Sector Allocation
Sector Value Financial Services 15.69% Industrials 14.08% Health Care 9.62% Technology 9.52% Basic Materials 7.21% Consumer Cyclical 7.15% Consumer Defensive 3.54% Energy 1.04% Real Estate 0.7% Utility 0.48% Communication Services 0.29% Debt Sector Allocation
Sector Value Corporate 14.02% Cash Equivalent 9.68% Government 6.28% Credit Quality
Rating Value AA 4.67% AAA 95.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bank of Maharashtra (Financial Services)
Equity, Since 31 May 24 | MAHABANK3% ₹72 Cr 9,070,000
↑ 2,970,000 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 26 | FEDERALBNK2% ₹54 Cr 1,700,004
↑ 550,000 Sterlite Technologies Ltd (Technology)
Equity, Since 30 Apr 26 | STLTECH2% ₹54 Cr 592,439 Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 31 Jan 21 | BALRAMCHIN2% ₹44 Cr 670,000 Optiemus Infracom Ltd (Technology)
Equity, Since 30 Sep 26 | OPTIEMUS2% ₹43 Cr 559,789
↑ 559,789 Quality Power Electrical Equipments Ltd (Industrials)
Equity, Since 30 Sep 25 | QPOWER2% ₹43 Cr 271,005
↑ 9,427 Power Finance Corporation Limited
Debentures | -2% ₹42 Cr 4,200,000 Abbott India Ltd (Healthcare)
Equity, Since 31 Jan 23 | ABBOTINDIA2% ₹41 Cr 15,000 Aurobindo Pharma Ltd (Healthcare)
Equity, Since 31 Jan 26 | AUROPHARMA2% ₹40 Cr 240,000 Mankind Pharma Ltd (Healthcare)
Equity, Since 30 Jun 26 | MANKIND2% ₹40 Cr 160,000 6. ICICI Prudential Multi-Asset Fund
ICICI Prudential Multi-Asset Fund
Growth Launch Date 31 Oct 02 NAV (12 Nov 26) ₹814.322 ↓ -1.67 (-0.20 %) Net Assets (Cr) ₹84,108 on 30 Sep 26 Category Hybrid - Multi Asset AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.36 Sharpe Ratio -0.31 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 Oct 21 ₹10,000 31 Oct 22 ₹11,243 31 Oct 23 ₹13,152 31 Oct 24 ₹17,069 31 Oct 25 ₹19,240 31 Oct 26 ₹18,530 Returns for ICICI Prudential Multi-Asset Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21 Duration Returns 1 Month 5.2% 3 Month -1.4% 6 Month 2.9% 1 Year 1% 3 Year 13.8% 5 Year 13.8% 10 Year 15 Year Since launch 20.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 18.6% 2024 16.1% 2023 24.1% 2022 16.8% 2021 34.7% 2020 9.9% 2019 7.7% 2018 -2.2% 2017 28.2% 2016 12.5% Fund Manager information for ICICI Prudential Multi-Asset Fund
Name Since Tenure Sankaran Naren 1 Feb 12 14.67 Yr. Manish Banthia 22 Jan 24 2.69 Yr. Akhil Kakkar 22 Jan 24 2.69 Yr. Gaurav Chikane 2 Aug 21 5.17 Yr. Sharmila D'Silva 31 Jul 22 4.17 Yr. Masoomi Jhurmarvala 4 Nov 24 1.91 Yr. Antariksha Banerjee 15 Jun 26 0.29 Yr. Data below for ICICI Prudential Multi-Asset Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 6.21% Equity 67.82% Debt 14.14% Other 11.83% Equity Sector Allocation
Sector Value Financial Services 26.67% Consumer Cyclical 9.15% Consumer Defensive 6.09% Basic Materials 4.79% Industrials 4.78% Energy 4.63% Health Care 3.87% Technology 2.68% Communication Services 2.36% Real Estate 1.83% Utility 1.75% Debt Sector Allocation
Sector Value Government 8.22% Corporate 7.85% Cash Equivalent 4.29% Credit Quality
Rating Value A 1.01% AA 28.05% AAA 70.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Gold ETF
- | -10% ₹8,469 Cr 671,777,975 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK6% ₹5,108 Cr 72,074,542
↑ 2,875,000 Life Insurance Corporation of India (Financial Services)
Equity, Since 31 Oct 24 | LICI4% ₹3,166 Cr 80,107,788 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 06 | ICICIBANK4% ₹3,004 Cr 22,730,775 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 20 | RELIANCE3% ₹2,663 Cr 22,432,703 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Jan 24 | 5329783% ₹2,146 Cr 12,397,312
↑ 1,163,563 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322152% ₹1,970 Cr 16,068,164 6.94% Govt Stock 2036
Sovereign Bonds | -2% ₹1,771 Cr 180,083,800
↑ 147,500,000 Future on Gold
- | -2% ₹1,639 Cr 1,100
↑ 1,100 InterGlobe Aviation Ltd (Industrials)
Equity, Since 28 Feb 23 | INDIGO2% ₹1,592 Cr 3,193,251
↑ 46,793 7. ICICI Prudential Equity and Debt Fund
ICICI Prudential Equity and Debt Fund
Growth Launch Date 3 Nov 99 NAV (13 Nov 26) ₹411.75 ↓ -1.92 (-0.46 %) Net Assets (Cr) ₹50,706 on 30 Sep 26 Category Hybrid - Hybrid Equity AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.55 Sharpe Ratio -0.47 Information Ratio 1.31 Alpha Ratio -0.22 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 Oct 21 ₹10,000 31 Oct 22 ₹11,059 31 Oct 23 ₹12,767 31 Oct 24 ₹17,111 31 Oct 25 ₹18,712 31 Oct 26 ₹17,816 Returns for ICICI Prudential Equity and Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21 Duration Returns 1 Month 5.7% 3 Month 0.2% 6 Month 4.5% 1 Year 0.7% 3 Year 13.1% 5 Year 12.9% 10 Year 15 Year Since launch 14.7% Historical performance (Yearly) on absolute basis
Year Returns 2025 13.3% 2024 17.2% 2023 28.2% 2022 11.7% 2021 41.7% 2020 9% 2019 9.3% 2018 -1.9% 2017 24.8% 2016 13.7% Fund Manager information for ICICI Prudential Equity and Debt Fund
Name Since Tenure Sankaran Naren 7 Dec 15 10.82 Yr. Manish Banthia 19 Sep 13 13.04 Yr. Mittul Kalawadia 29 Dec 20 5.76 Yr. Akhil Kakkar 22 Jan 24 2.69 Yr. Sharmila D'Silva 31 Jul 22 4.17 Yr. Nitya Mishra 4 Nov 24 1.91 Yr. Data below for ICICI Prudential Equity and Debt Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 2.87% Equity 74.93% Debt 22.19% Equity Sector Allocation
Sector Value Financial Services 22.85% Consumer Cyclical 10.79% Industrials 7.48% Energy 6.62% Consumer Defensive 6.43% Health Care 5.38% Utility 4.18% Basic Materials 3.54% Real Estate 2.68% Communication Services 2.35% Technology 1.35% Debt Sector Allocation
Sector Value Government 12.87% Corporate 10.63% Cash Equivalent 1.57% Credit Quality
Rating Value A 1.76% AA 26.53% AAA 71.71% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | HDFCBANK6% ₹3,014 Cr 42,532,166
↓ -2,275,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK5% ₹2,483 Cr 18,783,840 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 22 | RELIANCE4% ₹2,219 Cr 18,689,980 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 16 | SUNPHARMA4% ₹1,790 Cr 9,853,039 NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 5325553% ₹1,677 Cr 51,962,814 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | 5323433% ₹1,635 Cr 3,981,427 Life Insurance Corporation of India (Financial Services)
Equity, Since 31 Dec 25 | LICI3% ₹1,463 Cr 37,007,543 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Jan 23 | 5403763% ₹1,370 Cr 3,604,932
↑ 79,050 6.94% Govt Stock 2036
Sovereign Bonds | -3% ₹1,359 Cr 138,183,800
↑ 120,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 21 | 5322153% ₹1,291 Cr 10,531,926
SIP Vs RD: Which is Better RD Or SIP?
Difference Between Recurring Deposit and SIP
The factors used here are the rate of return, liquidity, taxation, Volatility, risk factors, etc.
| Factors | Recurring Deposit (RD) | Systematic Investment Plan (SIP) |
|---|---|---|
| Rate of Return | The SIP returns are market-linked and may vary depending on the type of fund and the fund performance. However, the returns of a SIP are usually good when invested for a longer tenure. | The return rate of an RD is fixed due to its fixed interest rate. So, there is no effect of market volatility on this investment. |
| Investment Scheme | In a RD scheme, you will have to invest in a deposit plan that will give you fixed rate of returns. You can also opt for flexible recurring deposit scheme if you are looking for more flexibility. | In a SIP for mutual funds, you can choose between debt or equity type of funds depending on your risk capability. |
| Investment Type | In a Recurring deposit scheme, the investor has to deposit a fixed amount every month. | Systematic Investment Plan is a way to put your money on mutual funds. Investment can be done on a periodic basis - daily, weekly, monthly or quarterly. |
| Liquidity | To Cancel SIP, the investors can simply close their investment and withdraw their money without any penal charges. | In the case of an RD, the premature withdrawal or closure of the investment will cause penalty charges. |
| Taxation | Recurring Deposit amount or the interest earned on it are not exempted from tax. | SIP investments and returns are exempted from tax only when invested on Equity Linked Savings Scheme (ELSS) funds. |
| Volatility | Being market-linked, the SIP returns are volatile and may vary from fund to fund. | The RD returns are fixed and thus it is not a volatile investment. |
| Risk Factor | The risk factor is almost null in an RD investment as the returns are fixed. It is one of the safest investment. | The risk in SIP is higher than that in an RD, as SIP returns depend on stock market and Asset Allocation. |
| Investment Goal | Recurring Deposits usually serve short-term savings goal and do not help in long-term wealth growth. | SIPs can help in all kinds of investments goals, whether short- or long –term, depending on the frequency of investment, funds chosen and other factors. |
| Installment Frequency | Recurring Deposit usually come with monthly instalments | SIPs offer flexible instalment plans of daily, weekly, monthly, quarterly etc. |
Evaluation: Returns of SIP Vs RD
Which is a better investment option- SIP vs RD? The answer to this question may vary from person to person depending on their personal needs. As you know, the SIP returns are variable while the RD returns are fixed, let’s see how much the investment grows if one invests INR 1,000 in both an RD and a SIP for 1 year (12 months).
RD Return Calculator
The RD interest rate may vary at every Bank, but generally, the interest rate ranges from 7% to 9% p.a. Assuming the interest rate to be 8%, let’s analyse the growth in an RD investment of INR 1,000 monthly for 12 months.
SIP Return Calculator
Assuming the SIP interest rate to be 12%, let’s monitor how your SIP grows if you invest INR 1000 monthly for 1 year through the Power of Compounding.
In conclusion, here are some final tips for investors.
- If you are a risk-averse investor, RD or Recurring Deposit is a better option. The RD interest rate and returns are capped beforehand and are usually not very high, may vary from 7-9% p.a.
- If you wish to take a little risk, SIP is one of the best investment options for long-term investment. As per the analysis, SIPs offer good returns and the interest rates are usually higher, exceeding to 15% p.a. in some cases.
- When investing for 5 years, RD is a safer option for investors who are looking for fixed returns.
- However, when investing for a longer duration (more than 5 years) for a certain financial goal, SIP offers good returns and the money growth is much higher.
“Investing in equity via SIP is like planting a tree, one has to be patient to avail the fruits.”
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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Research Highlights for Sundaram Equity Hybrid Fund