Best SIP Plan for 5 Years Investment 2020

SIPs make a great way of investing in mutual funds. It is an excellent investment method to accomplish your short to long-term future goals. Another significant reason to start a SIP is that it serves the dual purpose of investment and saving at the same time. It is quite popular among the investors as it helps in bringing financial discipline in addition to protecting from market ups and downs. But the question that remains is how to find the best sip plans to serve your investment purpose.

Listed below are some of the best sip plans for 5 years. You can check out these shortlisted SIP plans and select the one that works for you:

Best SIP Plans for 5 Years in Equity Funds

Below are some of the Best SIP plans for 5 years in equity MF with their fund type, risk level, NAV, and expected returns on your investment:

Let's discuss these best sip plans for 5 years in equity MF in detail below:

1. Axis Bluechip Fund Monthly SIP Plan

This is an open-ended equity scheme with a track record of outperformance. It is one of the best SIP plan for 5 years and ideal for investors who are looking for long-term capital appreciation. The investment is mainly in large-cap stocks of large-cap companies. For example, if you start at Rs. 10,000 SIP in this best SIP plan for 5 years, you will invest Rs. 6 lakh, which can become Rs. 7.24 lakhs in 5 years.

2. ICICI Prudential Blue chip Fund

This is also an open-ended scheme with pre-dominant investments in large-cap stocks. The projected corpus as per the market conditions would be around Rs. 6.29 lakhs for sip investment of 5 years.

3. SBI Blue chip Fund

This fund invests in equity-linked instruments to help the investor in meeting the goal of long-term capital appreciation. The fund house is managed by Ms. Sohini Adani. It is one of the best sip plan for 5 years and if you start a SIP of Rs. 10,000 for 5 years then it is expected to become Rs. 6.3 lakhs and even more depending on the market conditions.

4. Mirae Asset Large Cap Fund

This fund house was launched in April 2008. There is no exit load beyond 1-year. For long-term capital appreciation, the investment is done in equity and equity-related schemes. Being a large-cap fund, the investment is diversified as 71.54% in large-cap stocks, and 13.15% and 3.62% in mid-cap and small-cap stocks. It is also one of the best sip plan for 5 years and an investment of Rs. 10,000 for 5 years is likely to become Rs. 6.72 lakhs (varying as per the market conditions).

5. SBI Multicap Fund

If you start a monthly sip of Rs. 10,000 in this fund for 5 years then as per the historic returns it is expected to offer nearly Rs. 6.69 lakhs. It is also one of the best sip plans for 5 years as the fund invests in both equity and debt instruments.

Best SIP Plans for 5 Years in Debt Funds

Below are some of the best SIP plans for 5 years in Debt MF with their fund type, risk level, NAV, and expected returns on your investment:

(The above table does not represent any chronological order and the returns are subjected to market risks. Please consider carefully before investment)

Let's discuss these best sip plans for 5 years in Debt MF in detail below:

1. HDFC Short Term Debt Fund

This is a short duration fund, moderately low risk debt mutual fund. And if you start a SIP of Rs. 10,000 for 5 years, you can expect it to become around Rs. 7.4 lakhs. And you invest only Rs. 6 lakhs and get a profit of nearly Rs. 1.4 lakhs. The fund has offered benchmark historic returns. Moreover, there is no entry or exit load in this fund.

2. Aditya Birla Sun Life Savings Fund

This is also one of the best sip plan for 5 years and even shorter durations. It makes a perfect alternative to bank fixed deposits. And if you start a SIP of Rs. 10,000 for 5 years, you can expect it to become around Rs. 6.81 lakhs. 96.8% of the investment is done in debt funds.

3. SBI Magnum Medium Duration Fund

Being a medium duration fund, you can consider it as one of the best SIP plan for 5 years as the investment is done in debt funds, government securities, and very low-risk securities. It is suitable for risk-averse investors.

4. Nippon India Low Duration Fund

This is an open-ended debt MF. The risk involved in this fund is moderately low and is another best SIP plan for 5 years investment horizon. It is suitable for investors who are looking for short-term capital growth. The investment is done in money market securities and debt mutual funds.

5. L&T Low Duration Fund

This is an open-ended debt fund that is known to offer optimal returns that makes it one of the best sip plan for 5 years with a moderate risk factor. The scheme was launched by Reliance mutual funds on March 20, 2007. And if you start a SIP of Rs. 10,000 for 5 years, you can expect it to become around Rs. 7.29 lakhs.

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Bottom-line

You can invest in any of the above-listed sip plans for 5 years and even more. You can also look at other SIP plans on our site but make sure that you go through the fund house reputation, historic returns, NAV, risk involved among other factors.  Happy Investing!