SIPs are a great way of investing in mutual funds for both long and short terms. It helps inculcate an investment discipline while offering compounded returns.But the question that remains is - how to find the best sip plans to serve your investment purpose.
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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:
|Fund Name||3 Years||5 Years||10 Years|
|Top 200 Fund Tata AIA||31.92%||22.15%||
|Virtue II PNB Metlife||24.65%||17.01%||
|Growth Fund LIC||14.79%||-||
|Pure Equity Birla Sun Life||22.51%||14.76%||
|Growth Opportunities Plus Fund Bharti AXA||23.49%||14.59%||
|Pure Stock Fund Bajaj Allianz||19.03%||12.78%||
|Equity Top 250 Fund Edelwiess Tokio||20.57%||12.21%||
|Blue Chip Fund HDFC Standard||20.74%||12.56%||
|Growth Super Fund Max Life||19.69%||12.51%||
|Equity Fund SBI||20.19%||11.98%||
Updated as on August 2023
|Fund Name||3 Years||5 Years||10 Years|
|Large Cap Fund Nippon India||28.19%||13.65%||
|Bluechip Fund SBI||22.27%||12.54%||
|Cap Fund Edelweiss Large||20.66%||11.60%||
|Frontline Equity Fund Aditya Birla Sun Life||21.78%||11.52%||
|Bluechip Fund ICICI Prudential||23.32%||12.93%||
|Large Cap Fund Mirae Asset||19.26%||11.85%||
|Bluechip Equity Fund Canara Robeco||19.05%||13.37%||
|Bluechip Growth Kotak||20.86%||12.51%||
|Large Cap Fund Baroda BNP Paribas||19.70%||13.04%||
Updated as on August 2023
|Funds Name||3 Year Return||5 Year Return|
|Quant Small Cap Fund Direct Plan-Growth||67.91%||22.49%|
|Tata Digital India Fund Direct-Growth||37.81%||22.25%|
|ICICI Prudential Technology Direct Plan-Growth||51.73%||21.60%|
|SBI Technology Opportunities Fund Direct-Growth||36.75%||20.84%|
|Aditya Birla Sun Life Digital India Fund Direct-Growth||40.10%||20.80%|
|Quant Tax Plan Direct-Growth||51.73%||21.76%|
|Quant Mid Cap Fund Direct-Growth||46.37%||19.21%|
|Quant Active Fund Direct-Growth||46.72%||19.29%|
|Quant Infrastructure Fund Direct-Growth||40.10%||20.80%|
|Axis Small Cap Fund Direct-Growth||38.50%||18.34%|
|Fund Name||3 Year Return||5 Year Return|
|DSP Government Securities Direct Plan-Growth||5.88%||8.34%|
|Aditya Birla Sun Life Medium Term Direct Plan-Growth||14.17%||8.51%|
|Bandhan Government Securities Investment Plan Direct-Growth||5.69%||8.39%|
|ICICI Prudential Constant Maturity Gilt Fund Direct-Growth||5.17%||8.44%|
|ICICI Prudential Gilt Fund Direct Plan-Growth||6.70%||8.36%|
|IDFC Government Securities Fund Constant Maturity Direct-Growth||5.19%||7.85%|
|Nippon India Gilt Securities Fund Direct-Growth||5.38%||8.07%|
|Kotak Gilt Investment Direct-Growth||6.23%||8.06%|
|ICICI Prudential All Seasons Bond Fund Direct Plan-Growth||7.07%||8.06%|
|SBI Magnum Gilt Fund Direct-Growth||6.12%||8.07%|
Equity funds are highly volatile but offer highest rate of returns. Listed below are some of the best equity funds for which you can start a SIP.
Quant Small Cap Fund Direct Plan-Growth is ideal for an investor looking for a medium to short-run investment. For example, an investor may expect a growth rate of 67.91% in 3 years under Quant Small Cap Fund Direct Plan-Growth. 5-years growth rate of the fund is 22.49%.
Tata Digital India Fund Direct-Growth is an equity mutual fund scheme offered by Tata Mutual Fund. The plan is currently managed by the Fund Manager, Meeta Shetty. The fund’s current expense ratio is 0.31%. It is an open-end fund with INR 6,765.81 crores AUM (Asset Under Management).
ICICI Prudential Technology Direct Plan-Growth offers a 51.73% average growth rate in 3 years. In addition, it offers a 21.60% rate of returns in 5-years. One may consider INR 100 as the minimum amount to invest in ICICI Prudential Technology Direct Plan-Growth.
SBI Technology Opportunities Fund Direct-Growth offers a 36.75% rate of returns in 3 years and a 20.84% growth rate in 5 years. An investor can start a SIP of INR 500 per month for at least 3 years to get maximum returns. The total fund size of SBI Technology Opportunities Fund Direct-Growth is INR 2861.77 crores.
Aditya Birla Sun Life Digital India Fund Direct-Growth has existed for over ten years. The fund was launched on 01/01/2013. The current asset under the management of Aditya Birla Sun Life Digital India Direct-Growth Fund is INR 3,338.13 crores. It has an expense ratio of 0.88% and a 40.10% rate of return in 3-years.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Listed below are the best sip plans for debt funds, along with the expected rate of returns on the investment made by the investor.
DSP Government Securities Direct Plan-Growth is a Gilt mutual fund scheme offered by DSP mutual fund. The fund has existed for more than ten years and was launched on 01/01/2013. It is a medium-sized fund with 0.54% as an expense ratio. DSP Government Securities Direct Plan-Growth fund offers a 5.88% rate of return in 3 years and an 8.34% rate of return in 5 years.
Aditya Birla Sun Life Medium Term Direct Plan-Growth is a medium-duration scheme of mutual funds. It has INR 1,643 crore of assets under management and comes under the medium-sized fund category. It has a 14.17% rate of return in 3-years and an 8.57% rate of return in five years.
Bandhan Government Securities Investment Plan Direct-Growth has its top holding in the GOI (Government of India) securities. The plan has delivered an 8.83% average annual rate of returns since its launch. Further, it has INR 1410 crores worth of assets under management. The plan offers a 5.69% rate of return in 3-years and an 8.39% rate of return in 5-years.
You can invest in any of the above-listed sip plans for five years and even more. SIP calculator online tool can be used to analyze the SIP returns. You can also look at other SIP plans on our website. However, make sure that you go through the fund house reputation, historic returns, NAV, and risk involved among other factors.
*All savings are provided by the insurer as per the IRDAI approved
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^10(10D) Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
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