Table of Contents
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).
A SIP is an Investing mode to invest a certain amount in Mutual Funds periodically. The minimum amount to invest in a SIP 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.
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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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 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. ICICI Prudential Equity and Debt Fund is a Hybrid - Hybrid Equity fund was launched on 3 Nov 99. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Equity and Debt 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 BOI AXA Mid and Small Cap Equity and Debt Fund is a Hybrid - Hybrid Equity fund was launched on 20 Jul 16. It is a fund with Moderately High risk and has given a Below is the key information for BOI AXA Mid and Small Cap Equity and Debt Fund Returns up to 1 year are on (Erstwhile HDFC Growth Fund and HDFC Prudence Fund) Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 11 Sep 00. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Balanced Advantage 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. ICICI Prudential Multi-Asset Fund is a Hybrid - Multi Asset fund was launched on 31 Oct 02. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Multi-Asset Fund Returns up to 1 year are on (Erstwhile Edelweiss Prudent Advantage Fund) The objective of the Scheme is to generate returns through capital appreciation by investing in diversified portfolio of equity and equity-related securities, fixed income instruments and Gold Exchange Traded Funds.
However, there is no assurance that the investment objective of the Scheme will be realized. Edelweiss Multi Asset Allocation Fund is a Hybrid - Multi Asset fund was launched on 12 Aug 09. It is a fund with Moderately High risk and has given a Below is the key information for Edelweiss Multi Asset Allocation Fund Returns up to 1 year are on (Erstwhile UTI Balanced Fund) The scheme aims to invest in a portfolio of equity/equity related securities and fixed income securities (debt and money market securities) with a view to generating regular income together with capital appreciation. UTI Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 2 Jan 95. It is a fund with Moderately High risk and has given a Below is the key information for UTI Hybrid Equity Fund Returns up to 1 year are on (Erstwhile Reliance Regular Savings Fund - Balanced Plan) The primary investment objective of this option is to generate consistent returns and appreciation of capital by investing in mix of securities comprising of Equity, Equity related instruments & fixed income instruments. Nippon India Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 8 Jun 05. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Equity Hybrid Fund Returns up to 1 year are on 1. ICICI Prudential Equity and Debt Fund
CAGR/Annualized
return of 15.5% since its launch. Ranked 7 in Hybrid Equity
category. Return for 2023 was 28.2% , 2022 was 11.7% and 2021 was 41.7% . ICICI Prudential Equity and Debt Fund
Growth Launch Date 3 Nov 99 NAV (27 Mar 24) ₹334.87 ↑ 1.64 (0.49 %) Net Assets (Cr) ₹32,429 on 29 Feb 24 Category Hybrid - Hybrid Equity AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 3.33 Information Ratio 2.05 Alpha Ratio 9.77 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 28 Feb 19 ₹10,000 29 Feb 20 ₹10,380 28 Feb 21 ₹13,615 28 Feb 22 ₹17,502 28 Feb 23 ₹18,941 29 Feb 24 ₹26,176 Returns for ICICI Prudential Equity and Debt Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 1.2% 3 Month 8.6% 6 Month 19.1% 1 Year 42.2% 3 Year 25.8% 5 Year 20.3% 10 Year 15 Year Since launch 15.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 28.2% 2022 11.7% 2021 41.7% 2020 9% 2019 9.3% 2018 -1.9% 2017 24.8% 2016 13.7% 2015 2.1% 2014 45.6% Fund Manager information for ICICI Prudential Equity and Debt Fund
Name Since Tenure Sankaran Naren 7 Dec 15 8.24 Yr. Manish Banthia 19 Sep 13 10.45 Yr. Mittul Kalawadia 29 Dec 20 3.17 Yr. Akhil Kakkar 22 Jan 24 0.11 Yr. Sri Sharma 30 Apr 21 2.84 Yr. Sharmila D’mello 31 Jul 22 1.59 Yr. Data below for ICICI Prudential Equity and Debt Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 7.26% Equity 74.87% Debt 17.86% Equity Sector Allocation
Sector Value Financial Services 19.11% Consumer Cyclical 13.04% Energy 8.58% Utility 8.14% Communication Services 6.14% Health Care 4.83% Technology 4.28% Industrials 3.95% Basic Materials 3% Consumer Defensive 2.09% Real Estate 1.74% Debt Sector Allocation
Sector Value Government 11.46% Cash Equivalent 7.2% Corporate 6.47% Credit Quality
Rating Value A 4.01% AA 24.76% AAA 69.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | 5325558% ₹2,443 Cr 76,932,803 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK7% ₹2,261 Cr 21,991,832
↑ 1,000,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL5% ₹1,709 Cr 14,595,380
↓ -1,974,100 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | MARUTI4% ₹1,304 Cr 1,280,135
↑ 132,694 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 22 | RELIANCE4% ₹1,272 Cr 4,459,343
↓ -625,000 7.18% Govt Stock 2033
Sovereign Bonds | -4% ₹1,210 Cr 120,666,240
↑ 57,798,630 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 16 | SUNPHARMA4% ₹1,131 Cr 7,973,496 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | 5003124% ₹1,101 Cr 43,648,201
↓ -9,109,100 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | HDFCBANK3% ₹1,071 Cr 7,322,170
↑ 2,294,799 Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY3% ₹912 Cr 5,493,506
↓ -316,000 2. BOI AXA Mid and Small Cap Equity and Debt Fund
CAGR/Annualized
return of 16.6% since its launch. Return for 2023 was 33.7% , 2022 was -4.8% and 2021 was 54.5% . BOI AXA Mid and Small Cap Equity and Debt Fund
Growth Launch Date 20 Jul 16 NAV (27 Mar 24) ₹32.52 ↑ 0.03 (0.09 %) Net Assets (Cr) ₹657 on 29 Feb 24 Category Hybrid - Hybrid Equity AMC BOI AXA Investment Mngrs Private Ltd Rating Risk Moderately High Expense Ratio 2.58 Sharpe Ratio 3.13 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 28 Feb 19 ₹10,000 29 Feb 20 ₹10,597 28 Feb 21 ₹13,621 28 Feb 22 ₹18,202 28 Feb 23 ₹18,558 29 Feb 24 ₹27,100 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 27 Mar 24 Duration Returns 1 Month -1.3% 3 Month 5.5% 6 Month 16.5% 1 Year 48.4% 3 Year 24.4% 5 Year 20.4% 10 Year 15 Year Since launch 16.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 33.7% 2022 -4.8% 2021 54.5% 2020 31.1% 2019 -4.7% 2018 -14.2% 2017 47.1% 2016 2015 2014 Fund Manager information for BOI AXA Mid and Small Cap Equity and Debt Fund
Name Since Tenure Alok Singh 16 Feb 17 7.04 Yr. Data below for BOI AXA Mid and Small Cap Equity and Debt Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 18.21% Equity 69.61% Debt 12.18% Equity Sector Allocation
Sector Value Basic Materials 15.02% Consumer Cyclical 12.09% Financial Services 8.69% Health Care 8.63% Industrials 8.35% Technology 4.49% Energy 4.49% Consumer Defensive 3.53% Communication Services 2.18% Utility 2.15% Debt Sector Allocation
Sector Value Government 12.95% Corporate 10.28% Cash Equivalent 7.16% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Oil India Ltd (Energy)
Equity, Since 31 Mar 23 | OIL3% ₹22 Cr 406,000 Jindal Stainless Ltd (Basic Materials)
Equity, Since 30 Sep 21 | JSL3% ₹20 Cr 305,000
↓ -55,000 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Jan 24 | 5348162% ₹16 Cr 625,000 Power Grid Corporation Of India Limited
Debentures | -2% ₹15 Cr 150,000,000 UNO Minda Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | UNOMINDA2% ₹15 Cr 220,000
↓ -40,000 JK Cement Ltd (Basic Materials)
Equity, Since 31 Aug 22 | JKCEMENT2% ₹14 Cr 31,900 CRISIL Ltd (Financial Services)
Equity, Since 29 Feb 24 | CRISIL2% ₹14 Cr 27,000
↑ 27,000 7.26% Govt Stock 2033
Sovereign Bonds | -2% ₹13 Cr 1,300,000 Astral Ltd (Industrials)
Equity, Since 30 Jun 17 | ASTRAL2% ₹13 Cr 63,000
↓ -9,000 Kotak Mahindra Bank Ltd.
Debentures | -2% ₹13 Cr 1,350,000 3. HDFC Balanced Advantage Fund
CAGR/Annualized
return of 18.5% since its launch. Ranked 23 in Dynamic Allocation
category. Return for 2023 was 31.3% , 2022 was 18.8% and 2021 was 26.4% . HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (27 Mar 24) ₹449.032 ↑ 0.63 (0.14 %) Net Assets (Cr) ₹78,759 on 29 Feb 24 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.61 Sharpe Ratio 3.45 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,153 28 Feb 21 ₹13,049 28 Feb 22 ₹15,096 28 Feb 23 ₹17,399 29 Feb 24 ₹24,443 Returns for HDFC Balanced Advantage Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month -0.6% 3 Month 5.6% 6 Month 17.2% 1 Year 41% 3 Year 24.4% 5 Year 17.8% 10 Year 15 Year Since launch 18.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 2022 18.8% 2021 26.4% 2020 7.6% 2019 6.9% 2018 -3.1% 2017 27.9% 2016 9.4% 2015 0.3% 2014 51.8% Fund Manager information for HDFC Balanced Advantage Fund
Name Since Tenure Anil Bamboli 29 Jul 22 1.59 Yr. Gopal Agrawal 29 Jul 22 1.59 Yr. Arun Agarwal 6 Oct 22 1.4 Yr. Srinivasan Ramamurthy 29 Jul 22 1.59 Yr. Nirman Morakhia 15 Feb 23 1.04 Yr. Dhruv Muchhal 22 Jun 23 0.69 Yr. Data below for HDFC Balanced Advantage Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 13.72% Equity 60.17% Debt 26.11% Equity Sector Allocation
Sector Value Financial Services 24.26% Industrials 11.08% Energy 8.75% Utility 6.53% Technology 4.02% Consumer Cyclical 3.83% Health Care 3.64% Consumer Defensive 2.62% Basic Materials 2.1% Communication Services 1.81% Real Estate 1.43% Debt Sector Allocation
Sector Value Government 18.51% Cash Equivalent 12.88% Corporate 8.44% Credit Quality
Rating Value AA 1.29% AAA 96.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK6% ₹4,652 Cr 31,804,751
↑ 4,610,100 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA4% ₹3,075 Cr 75,700,000
↓ -5,596,900 7.38% Govt Stock 2027
Sovereign Bonds | -4% ₹2,754 Cr 272,581,800 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | 5325553% ₹2,660 Cr 83,774,407
↓ -7,031,771 State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN3% ₹2,632 Cr 41,092,271
↑ 435,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK3% ₹2,628 Cr 25,564,524
↑ 67,200 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY3% ₹1,988 Cr 11,967,098
↑ 60,800 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | 5328103% ₹1,938 Cr 43,712,162
↓ -3,200,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT3% ₹1,933 Cr 5,556,183 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE2% ₹1,904 Cr 6,672,683
↑ 334,750 4. ICICI Prudential Multi-Asset Fund
CAGR/Annualized
return of 21.4% since its launch. Ranked 53 in Multi Asset
category. Return for 2023 was 24.1% , 2022 was 16.8% and 2021 was 34.7% . ICICI Prudential Multi-Asset Fund
Growth Launch Date 31 Oct 02 NAV (26 Mar 24) ₹629.974 ↑ 1.04 (0.16 %) Net Assets (Cr) ₹34,704 on 29 Feb 24 Category Hybrid - Multi Asset AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.83 Sharpe Ratio 3.32 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 28 Feb 19 ₹10,000 29 Feb 20 ₹10,174 28 Feb 21 ₹13,283 28 Feb 22 ₹16,770 28 Feb 23 ₹18,771 29 Feb 24 ₹24,536 Returns for ICICI Prudential Multi-Asset Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 1.5% 3 Month 6.5% 6 Month 15.1% 1 Year 33.3% 3 Year 24.2% 5 Year 18.8% 10 Year 15 Year Since launch 21.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.1% 2022 16.8% 2021 34.7% 2020 9.9% 2019 7.7% 2018 -2.2% 2017 28.2% 2016 12.5% 2015 -1.4% 2014 37% Fund Manager information for ICICI Prudential Multi-Asset Fund
Name Since Tenure Sankaran Naren 1 Feb 12 12.09 Yr. Manish Banthia 22 Jan 24 0.11 Yr. Ihab Dalwai 3 Jun 17 6.75 Yr. Akhil Kakkar 22 Jan 24 0.11 Yr. Sri Sharma 30 Apr 21 2.84 Yr. Gaurav Chikane 2 Aug 21 2.58 Yr. Sharmila D’mello 31 Jul 22 1.59 Yr. Data below for ICICI Prudential Multi-Asset Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 21.4% Equity 67.21% Debt 7.65% Other 3.75% Equity Sector Allocation
Sector Value Financial Services 20.24% Energy 7.52% Consumer Cyclical 7.17% Utility 6.37% Health Care 5.19% Basic Materials 5.15% Technology 4.53% Industrials 3.77% Consumer Defensive 3.21% Communication Services 3.04% Real Estate 1.04% Debt Sector Allocation
Sector Value Cash Equivalent 21.36% Government 3.99% Corporate 3.71% Credit Quality
Rating Value A 3.23% AA 5.91% AAA 87.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 06 | ICICIBANK6% ₹1,968 Cr 19,138,381
↑ 400,000 NTPC Ltd (Utilities)
Equity, Since 31 Mar 17 | 5325555% ₹1,699 Cr 53,514,163
↓ -2,580,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | MARUTI4% ₹1,203 Cr 1,180,659
↑ 170,308 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK3% ₹1,147 Cr 7,839,109
↑ 2,440,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 20 | RELIANCE3% ₹964 Cr 3,377,758
↓ -165,000 ICICI Pru Gold ETF
- | -3% ₹899 Cr 163,912,926
↑ 29,438,871 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Nov 22 | SBICARD3% ₹859 Cr 12,002,998
↑ 2,658,107 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | INFY2% ₹776 Cr 4,674,222
↓ -628,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL2% ₹768 Cr 6,559,638
↓ -1,282,500 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | 5003122% ₹754 Cr 29,883,399
↓ -8,855,000 5. Edelweiss Multi Asset Allocation Fund
CAGR/Annualized
return of since its launch. Ranked 71 in Multi Asset
category. Return for 2023 was 25.4% , 2022 was 5.3% and 2021 was 27.1% . Edelweiss Multi Asset Allocation Fund
Growth Launch Date 12 Aug 09 NAV (27 Mar 24) ₹53.67 ↑ 0.18 (0.34 %) Net Assets (Cr) ₹1,353 on 29 Feb 24 Category Hybrid - Multi Asset AMC Edelweiss Asset Management Limited Rating ☆ Risk Moderately High Expense Ratio 2.5 Sharpe Ratio 2.95 Information Ratio 1.72 Alpha Ratio 5.23 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,779 28 Feb 21 ₹13,104 28 Feb 22 ₹15,449 28 Feb 23 ₹16,484 29 Feb 24 ₹21,970 Returns for Edelweiss Multi Asset Allocation Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 0% 3 Month 5.4% 6 Month 15% 1 Year 35.7% 3 Year 19.2% 5 Year 16.5% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2023 25.4% 2022 5.3% 2021 27.1% 2020 12.7% 2019 10.4% 2018 -0.1% 2017 26.1% 2016 0.2% 2015 2.2% 2014 38.4% Fund Manager information for Edelweiss Multi Asset Allocation Fund
Name Since Tenure Dhawal Dalal 23 Nov 21 2.27 Yr. Bhavesh Jain 14 Oct 15 8.39 Yr. Bharat Lahoti 1 Oct 21 2.42 Yr. Data below for Edelweiss Multi Asset Allocation Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 4.67% Equity 74.12% Debt 21.21% Other 0% Equity Sector Allocation
Sector Value Financial Services 20.41% Consumer Cyclical 7.86% Technology 6.69% Health Care 6.52% Industrials 6.07% Energy 5.53% Consumer Defensive 5.07% Basic Materials 3.79% Utility 3.56% Communication Services 2.46% Real Estate 1.21% Debt Sector Allocation
Sector Value Government 17.76% Cash Equivalent 4.54% Corporate 3.56% Securitized 0.02% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.06% Govt Stock 2028
Sovereign Bonds | -11% ₹150 Cr 15,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | ICICIBANK5% ₹66 Cr 628,995
↑ 149,709 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 20 | RELIANCE4% ₹49 Cr 166,486
↑ 43,736 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 15 | HDFCBANK3% ₹39 Cr 280,000
↑ 29,255 7.18% Govt Stock 2033
Sovereign Bonds | -3% ₹39 Cr 3,850,000
↑ 3,850,000 7.1% Govt Stock 2029
Sovereign Bonds | -3% ₹35 Cr 3,500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 16 | LT3% ₹34 Cr 98,194 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC3% ₹34 Cr 839,944 State Bank of India (Financial Services)
Equity, Since 30 Jun 15 | SBIN2% ₹33 Cr 439,145
↑ 95,703 NTPC Ltd (Utilities)
Equity, Since 30 Nov 21 | 5325552% ₹32 Cr 960,772
↑ 110,158 6. UTI Hybrid Equity Fund
CAGR/Annualized
return of 15.1% since its launch. Ranked 12 in Hybrid Equity
category. Return for 2023 was 25.5% , 2022 was 5.6% and 2021 was 30.5% . UTI Hybrid Equity Fund
Growth Launch Date 2 Jan 95 NAV (27 Mar 24) ₹341.836 ↑ 1.68 (0.49 %) Net Assets (Cr) ₹5,243 on 29 Feb 24 Category Hybrid - Hybrid Equity AMC UTI Asset Management Company Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.95 Sharpe Ratio 2.73 Information Ratio 1.25 Alpha Ratio 3.63 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 28 Feb 19 ₹10,000 29 Feb 20 ₹9,914 28 Feb 21 ₹12,767 28 Feb 22 ₹14,971 28 Feb 23 ₹16,007 29 Feb 24 ₹21,113 Returns for UTI Hybrid Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 0.2% 3 Month 4.4% 6 Month 13.5% 1 Year 34.8% 3 Year 18.8% 5 Year 15.3% 10 Year 15 Year Since launch 15.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 25.5% 2022 5.6% 2021 30.5% 2020 13.2% 2019 2.5% 2018 -5.6% 2017 25.7% 2016 8.8% 2015 2.4% 2014 32.8% Fund Manager information for UTI Hybrid Equity Fund
Name Since Tenure V Srivatsa 24 Sep 09 14.44 Yr. Sunil Patil 5 Feb 18 6.07 Yr. Data below for UTI Hybrid Equity Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 3.83% Equity 71.05% Debt 25.12% Equity Sector Allocation
Sector Value Financial Services 22.38% Consumer Cyclical 10.67% Technology 7.6% Industrials 6.12% Health Care 6.09% Energy 5.56% Basic Materials 4.27% Consumer Defensive 3.35% Communication Services 2.11% Utility 1.99% Real Estate 0.91% Debt Sector Allocation
Sector Value Government 16.94% Corporate 8.18% Cash Equivalent 3.83% Credit Quality
Rating Value AA 10.29% AAA 89.71% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK7% ₹350 Cr 2,389,854
↑ 122,838 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 10 | ICICIBANK5% ₹286 Cr 2,782,126 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 19 | RELIANCE5% ₹257 Cr 901,799 7.26% Govt Stock 2033
Sovereign Bonds | -5% ₹251 Cr 2,500,000,000 7.18% Govt Stock 2037
Sovereign Bonds | -5% ₹249 Cr 2,500,000,000
↑ 500,000,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY4% ₹231 Cr 1,388,092
↓ -66,830 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 12 | LT3% ₹176 Cr 506,149 ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 06 | ITC3% ₹144 Cr 3,254,420 7.41% Govt Stock 2036
Sovereign Bonds | -2% ₹127 Cr 1,250,000,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | M&M2% ₹124 Cr 748,614 7. Nippon India Equity Hybrid Fund
CAGR/Annualized
return of 12.4% since its launch. Ranked 8 in Hybrid Equity
category. Return for 2023 was 24.1% , 2022 was 6.6% and 2021 was 27.8% . Nippon India Equity Hybrid Fund
Growth Launch Date 8 Jun 05 NAV (27 Mar 24) ₹90.4518 ↑ 0.39 (0.43 %) Net Assets (Cr) ₹3,399 on 29 Feb 24 Category Hybrid - Hybrid Equity AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.06 Sharpe Ratio 3 Information Ratio 1.25 Alpha Ratio 4.97 Min Investment 500 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 28 Feb 19 ₹10,000 29 Feb 20 ₹9,819 28 Feb 21 ₹10,807 28 Feb 22 ₹12,465 28 Feb 23 ₹13,262 29 Feb 24 ₹17,483 Returns for Nippon India Equity Hybrid Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month -0.1% 3 Month 4.4% 6 Month 13.2% 1 Year 34.3% 3 Year 17.3% 5 Year 10.7% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.1% 2022 6.6% 2021 27.8% 2020 -5.3% 2019 3% 2018 -4.9% 2017 29.5% 2016 4.2% 2015 8.7% 2014 43.2% Fund Manager information for Nippon India Equity Hybrid Fund
Name Since Tenure Meenakshi Dawar 10 Sep 21 2.47 Yr. Kinjal Desai 25 May 18 5.77 Yr. Sushil Budhia 1 Feb 20 4.08 Yr. Akshay Sharma 1 Dec 22 1.25 Yr. Data below for Nippon India Equity Hybrid Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 2.45% Equity 73.4% Debt 23.7% Other 0.44% Equity Sector Allocation
Sector Value Financial Services 22.4% Industrials 8.98% Consumer Cyclical 8.13% Health Care 7.6% Technology 6.63% Energy 5.63% Utility 3.83% Consumer Defensive 3.8% Basic Materials 2.88% Communication Services 2.57% Real Estate 0.95% Debt Sector Allocation
Sector Value Corporate 18.18% Government 5.52% Cash Equivalent 2.45% Credit Quality
Rating Value A 2.59% AA 38.74% AAA 58.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 10 | HDFCBANK5% ₹166 Cr 1,182,356 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 12 | ICICIBANK5% ₹165 Cr 1,570,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 14 | RELIANCE4% ₹147 Cr 503,000
↓ -45,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 13 | LT4% ₹123 Cr 354,838
↓ -56,000 Infosys Ltd (Technology)
Equity, Since 28 Feb 11 | INFY4% ₹122 Cr 730,000
↓ -150,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Oct 11 | SUNPHARMA3% ₹110 Cr 700,000
↓ -50,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 5322153% ₹100 Cr 933,200 NTPC Ltd (Utilities)
Equity, Since 31 Aug 20 | 5325553% ₹99 Cr 2,950,620 State Bank of India (Financial Services)
Equity, Since 31 Jul 16 | SBIN2% ₹82 Cr 1,100,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL2% ₹77 Cr 685,000
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. |
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).
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.
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.
“Investing in equity via SIP is like planting a tree, one has to be patient to avail the fruits.”