A systematic investment plan allows you to invest a monthly sum in a single type of fund, be it equity, debt, gold, etc. You can choose to diversify by investing in different types to balance out the risk. A key advantage of SIPs is that you can monitor how the funds are performing based on which you can either increase or decrease the amount of investment. However, in order to enjoy higher returns, you should ideally stay invested for a minimum of 5 years.
Here is a look at a mix of equity and debt funds that you can explore to start a monthly SIP of Rs. 5000. Note that the returns keep changing based on how each fund is performing.
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
5 Years |
7 Years |
10 Years |
| Max Life |
27.23% |
21.07% |
|
| Tata AIA |
30.99% |
21.69% |
|
| Bajaj Allianz |
24.23% |
12.8% |
|
| HDFC Standard |
25.77% |
14.87% |
|
| Canara HSBC Oriental Bank |
17.51% |
10.29% |
|
| Bharti AXA |
23.03% |
15.02% |
|
| Birla Sun Life |
26.67% |
14.18% |
|
| ICICI Prudential |
22.68% |
13.38% |
|
| LIC |
- |
- |
|
| PNB Metlife |
24% |
16.86% |
|
Fund rating powered by
Last updated: May 2025
| |
Returns |
| Fund Name |
3 Years |
5 Years |
10 Years |
| QUANT |
23.92% |
31.48% |
|
| PARAG PARIKH |
20.69% |
26.41% |
|
| EDELWEISS |
22.34% |
24.29% |
|
| KOTAK |
24.64% |
25.01% |
|
| MIRAE ASSET |
19.74% |
24.32% |
|
| PGIM INDIA |
14.75% |
23.39% |
|
| DSP |
18.41% |
22.33% |
|
| CANARA ROBECO |
20.05% |
21.80% |
|
| SUNDARAM |
18.27% |
18.22% |
|
Best Funds for 5000 Monthly SIP Investment≈
| Fund Name |
Category |
Type |
5 Year Return |
Risk Profile |
| Aditya Birla Sun Life Corporate Bond Fund Direct Growth |
Debt |
Corporate Bond |
7.45% |
Moderate to low risk |
| Axis Small Cap Fund Direct Growth |
Equity |
Small Cap |
20.12% |
Very High Risk |
| ICICI Prudential Short Term Fund Direct Plan Growth |
Debt |
Short Duration |
7.59% |
Moderate to low risk |
| ICICI Prudential Technology Direct Plan Growth |
Equity |
Sectoral / Thematic |
28.82% |
Very High Risk |
| Mirae Asset Emerging Bluechip Fund Direct Growth |
Equity |
Large & Mid Cap |
15.52% |
Very High Risk |
| Mirae Asset Tax Saver Fund Direct Growth |
Equity |
ELSS |
16.63% |
High Risk |
| Quant Tax Plan Direct Growth |
Equity |
ELSS |
22.73% |
High Risk |
| Tata Digital India Fund Direct Growth |
Equity |
Sectoral / Thematic |
30.04% |
Very High Risk |
Disclaimer: ≈ Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is done in alphabetical order (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
18.4%
High Growth Fund
17.46%
Top 200 Fund
14.57%
Accelerator Mid-Cap Fund II
14.81%
Opportunities Fund
10.58%
Growth Plus Fund
13.35%
Accelerator Fund
14.61%
Growth Opportunities Plus Fund
15.6%
Multiplier
11.48%
Equity Top 250 Fund
13.31%
Future Apex Fund
12.32%
Opportunities Fund
14.24%
Frontline Equity Fund
15.03%
Virtue II
10.88%
Pension Dynamic Equity Fund
11.8%
Equity Fund
10.32%
Blue-Chip Equity Fund
Category-wise SIP Details
Plans should be opted for by assessing how much risk you are willing to take and what goals you are trying to accomplish. The following sections offer deeper insight into the different categories to help you choose the best monthly SIP plans for Rs. 5000.
-
Equity Funds
Equity funds are those that invest in stocks and shares of a company. Depending on the performance of the company, the value of the funds goes up or down. This difference is what determines your returns at the base level.
Equity Sectoral / Thematic
Sectoral / thematic funds invest in the stocks of companies belonging to a particular niche such as technology, pharma, infrastructure, etc. A monthly SIP of Rs. 5000 in each of these funds for at least 3 years can increase your investment of Rs. 1.8 Lakhs to over Rs. 3 Lakhs.
-
Tata Digital India Fund - This fund also invests in the shares of companies in the IT sector. Its 3-year annualized return is 28.87%. A monthly SIP of Rs. 5000 in this fund for 3 years would have become around Rs. 2.76 lakhs from Rs. 1.8 Lakhs. These values will keep changing, so you should keep a track of all your SIP funds.
Equity Funds by Market Capitalization
Funds that invest in the equities of large companies (ranking in the top 100 per SEBI guidelines) are large cap funds. Similarly, small cap funds are those that invest in companies ranking above 250. Mid-cap funds fall in the range between. The greater the market capitalization of a company, the more likely it is to get steady consistent returns.
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-
Tax Saving Funds
These are primarily equity-based investments, however, these come with tax benefits under section 80C of the Income Tax Act, 1961. A monthly SIP of Rs. 5000 in such funds can help you save on taxes on the extra income earned through the returns on investments.
Equity ELSS
Disclaimer - The tax benefit is subject to changes in tax laws. *Standard T&C Apply
-
Debt Funds
Debt funds are low-risk in nature, and subsequently, the returns are lower than equity instruments. Ideally, investors should split their SIP investments into both equity and debt to generate decent returns while erring on the side of caution. A monthly SIP of Rs. 5000 in such funds will offer returns in the range of 7% to 8%.
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