Should We Invest Daily in SIP Mutual Funds?

What is a Daily SIP in a Mutual Fund?

A daily SIP is a Systematic Investment Plan (SIP) that lets you invest a small, fixed amount in mutual funds every day. Unlike monthly or weekly SIPs, it spreads your investments evenly across all trading days. The minimum investment amount of daily SIPs is usually lower, making it easier to start.

Best SIP Plans for Daily Investment 

Details of Daily SIP Plans for Investment 

Below are the details of best SIP plans for daily investment:

1. Axis Liquid Direct Fund-Growth

   Axis Liquid Direct Fund-Growth aims to generate reasonable returns commensurate with low risk and high liquidity through investments in money market and high-quality debt instruments.

   Parameters	Details
   Fund Name	Axis Liquid Direct Fund-Growth
   NAV	₹ 3,026.42 (as on 16th January, 2026)
   AUM	₹36,757.35 Crs
   Expense Ratio	0.14%
   Return 5 Years	5.77%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹100
   Risk Level	Principal at low to moderate risk
   Launch Date	NA
   Asset Allocation	Debt: 110.27%, Others: -10.27%
   Top Sectors	NA
   Top Holdings	GOVERNMENT OF INDIA 36846 091 DAYS TBILL 27MR26 FV RS 100 GOVERNMENT OF INDIA 36369 091 DAYS TBILL 28NV25 FV RS 100 CANARA BANK CD 25AUG25 INDIAN OIL CORPORATION LIMITED 90D CP 04SEP25 Others CBLO GOVERNMENT OF INDIA 36192 091 DAYS TBILL 09OT25 FV RS 100 PUNJAB NATIONAL BANK CD 17SEP25 GOVERNMENT OF INDIA 36712 091 DAYS TBILL 19FB26 FV RS 100 HDFC BANK LIMITED CD 18MAR26 BAJAJ HOUSING FINANCE LIMITED 91D CP 07NOV25
   Fund Managers	Devang Shah Aditya Pagaria Sachin Jain
   Fund Type	Open-ended

2. Mirae Asset Liquid Fund - Growth

   Mirae Asset Liquid Fund - Growth seeks to generate returns linked to short-term rates like MIBOR and CBLO while providing high liquidity by investing in debt and money market instruments.

   Parameters	Details
   Fund Name	Mirae Asset Liquid Fund - Growth
   NAV	₹ 2,823.87 (as on 16th January, 2026)
   AUM	₹13,633.83 Crs
   Expense Ratio	0.19%
   Return 5 Years	5.66%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at low to moderate risk
   Launch Date	12th January, 2009
   Asset Allocation	Debt: 111.84%, Others: -11.84%
   Top Sectors	NA
   Top Holdings	Repo SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11MAR26 GOVERNMENT OF INDIA 36026 091 DAYS TBILL 28AG25 FV RS 100 UNION BANK OF INDIA CD 23SEP25 NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 24SEP25 GOVERNMENT OF INDIA 36318 182 DAYS TBILL 12FB26 FV RS 100 AXIS BANK LIMITED CD 13NOV25 UNION BANK OF INDIA CD 27MAR26 GOVERNMENT OF INDIA 35718 182 DAYS TBILL 18SP25 FV RS 100 GOVERNMENT OF INDIA 36690 091 DAYS TBILL 06FB26 FV RS 100
   Fund Managers	NA
   Fund Type	Open-ended

   
   
   

3. Bank of India Liquid Fund Direct-Growth

   Bank of India Liquid Fund Direct-Growth aims to generate reasonable market-related returns with low risk and high liquidity from a portfolio of debt and money market instruments.

   Parameters	Details
   Fund Name	Bank of India Liquid Fund Direct-Growth
   NAV	₹ 3,134.14 (as on 16th January, 2026)
   AUM	₹2,001.88 Crs
   Expense Ratio	0.11%
   Return 5 Years	5.76%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at low to moderate risk
   Launch Date	NA
   Asset Allocation	Debt: 116.44%, Others: -16.44%
   Top Sectors	NA
   Top Holdings	UNION BANK OF INDIA CD 26NOV25 INDIAN BANK CD 12MAR26 Repo BANK OF BARODA CD 27JAN26 GOVERNMENT OF INDIA 36663 91 DAYS TBILL 29JN26 FV RS 100 GOVERNMENT OF INDIA 36336 182 DAYS TBILL 19FB26 FV RS 100 AXIS BANK LIMITED CD 05SEP25 ICICI HOME FINANCE COMPANY LIMITED 91D CP 06NOV25 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 91D CP 20NOV25 GOVERNMENT OF INDIA 36402 091 DAYS TBILL 04DC25 FV RS 100
   Fund Managers	NA
   Fund Type	Open-ended

4. HDFC NIFTY 50 Index Fund Direct -Growth

   HDFC NIFTY 50 Index Fund Direct -Growth’s objective is to generate returns that correspond closely to the performance of the NIFTY 50 Index, subject to tracking errors.

   Parameters	Details
   Fund Name	HDFC NIFTY 50 Index Fund Direct -Growth
   NAV	₹ 249.78 (as on 16th January, 2026)
   AUM	₹20,589.72 Crs
   Expense Ratio	0.2%
   Return 5 Years	17.32%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹100
   Risk Level	Principal at very high risk
   Launch Date	1st January, 2013
   Asset Allocation	Equity: 100.04%, Others: -0.04%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Technology
   Top Holdings	HDFC Bank Ltd ICICI Bank Ltd Reliance Industries Ltd Bharti Airtel Ltd Infosys Ltd Larsen & Toubro Ltd ITC Ltd State Bank of India Axis Bank Ltd Mahindra & Mahindra Ltd
   Fund Managers	Arun Agarwal Nandita Menezes
   Fund Type	Open-ended

5. SBI Liquid Fund Direct Plan-Growth

   SBI Liquid Fund Direct Plan-Growth targets regular income by investing in low-risk fixed-income securities and money market securities with residual maturity up to 3 months.

   Parameters	Details
   Fund Name	SBI Liquid Fund Direct Plan-Growth
   NAV	₹ 4,253.66 (as on 16th January, 2026)
   AUM	₹68,443.37 Crs
   Expense Ratio	0.21%
   Return 5 Years	5.7%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹500
   Risk Level	Principal at low to moderate risk
   Launch Date	NA
   Asset Allocation	Debt: 108.78%, Others: -8.78%
   Top Sectors	NA
   Top Holdings	PUNJAB NATIONAL BANK CD 19MAR26 GOVERNMENT OF INDIA 36239 091 DAYS TBILL 23OT25 FV RS 100 GOVERNMENT OF INDIA 36643 091 DAYS TBILL 23JN26 FV RS 100 GOVERNMENT OF INDIA 36690 091 DAYS TBILL 06FB26 FV RS 100 Reverse Repo BANK OF INDIA CD 03DEC25 TATA STEEL LIMITED 89D CP 28FEB26 GOVERNMENT OF INDIA 36788 091 DAYS TBILL 05MR26 FV RS 100 GOVERNMENT OF INDIA 35965 091 DAYS TBILL 07AG25 FV RS 100 BANK OF BARODA CD 06AUG25
   Fund Managers	NA
   Fund Type	Open-ended

6. SBI Nifty Index Direct Plan-Growth

   SBI Nifty Index Direct Plan-Growth aims for long-term capital appreciation by passively investing in stocks comprising the Nifty 50 Index in the same proportion as the index to match its total returns.

   Parameters	Details
   Fund Name	SBI Nifty Index Direct Plan-Growth
   NAV	₹ 238.75 (as on 16th January, 2026)
   AUM	₹10,009.28 Crs
   Expense Ratio	0.19%
   Return 5 Years	17.31%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at very high risk
   Launch Date	NA
   Asset Allocation	Equity: 100.43%, Others: -0.43%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Technology
   Top Holdings	HDFC Bank Ltd ICICI Bank Ltd Reliance Industries Ltd Bharti Airtel Ltd Infosys Ltd Larsen & Toubro Ltd ITC Ltd State Bank of India Axis Bank Ltd Mahindra & Mahindra Ltd
   Fund Managers	Pradeep Kesavan Raviprakash Sharma
   Fund Type	Open-ended

   
   
   

7. ICICI Prudential Liquid Fund Direct Plan-Growth

   ICICI Prudential Liquid Fund Direct Plan-Growth focuses on generating moderate returns with high liquidity by investing primarily in fixed-income securities to mitigate risk while achieving short-term gains.

   Parameters	Details
   Fund Name	ICICI Prudential Liquid Fund Direct Plan-Growth
   NAV	₹ 402.73 (as on 16th January, 2026)
   AUM	₹51,593.46 Crs
   Expense Ratio	0.2%
   Return 5 Years	5.72%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹99
   Risk Level	Principal at low to moderate risk
   Launch Date	NA
   Asset Allocation	Debt: 106.14%, Others: -6.14%
   Top Sectors	NA
   Top Holdings	GOVERNMENT OF INDIA 36690 091 DAYS TBILL 06FB26 FV RS 100 SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 91D CP 15DEC25 GOVERNMENT OF INDIA 36004 091 DAYS TBILL 21AG25 FV RS 100 HDFC BANK LIMITED CD 18FEB26 GOVERNMENT OF INDIA 36514 091 DAYS TBILL 18DC25 FV RS 100 CANARA BANK CD 17DEC25 GOVERNMENT OF INDIA 36426 091 DAYS TBILL 11DC25 FV RS 100 Reverse Repo GOVERNMENT OF INDIA 36335 091 DAYS TBILL 20NV25 FV RS 100 BANK OF INDIA CD 28AUG25
   Fund Managers	Sharmila D'Silva Darshil Dedhia Nikhil Kabra
   Fund Type	Open-ended

8. Aditya Birla Sun Life Liquid Fund Direct-Growth

   Aditya Birla Sun Life Liquid Fund Direct-Growth seeks to provide high liquidity and safety with reasonable returns through a diversified portfolio of money market instruments and debt securities with varying maturities.

   Parameters	Details
   Fund Name	Aditya Birla Sun Life Liquid Fund Direct-Growth
   NAV	₹ 439.52 (as on 16th January, 2026)
   AUM	₹51,913.25 Crs
   Expense Ratio	0.21%
   Return 5 Years	5.79%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹100
   Risk Level	Principal at moderate risk
   Launch Date	1st January, 2013
   Asset Allocation	Debt: 113.14%, Others: -13.14%
   Top Sectors	NA
   Top Holdings	Reverse Repo RBL BANK LIMITED CD 19MAR26 HDFC BANK LIMITED CD 04DEC25 GOVERNMENT OF INDIA 36402 091 DAYS TBILL 04DC25 FV RS 100 RBL BANK LIMITED CD 17DEC25 GOVERNMENT OF INDIA 35629 364 DAYS TBILL 27FB26 FV RS 100 CENTRAL GOVERNMENT LOAN 12006 GOI 24SP25 8.20 FV RS 100 GOVERNMENT OF INDIA 36026 091 DAYS TBILL 28AG25 FV RS 100 BANK OF INDIA CD 04DEC25 CANARA BANK CD 18SEP25
   Fund Managers	Sunaina da Cunha Kaustubh Gupta Sanjay Pawar
   Fund Type	Open-ended

Features of Daily SIP in Mutual Funds

Instead of investing on a monthly basis, you can invest in a best SIP plan on a weekly basis or daily basis. Let us learn some of the key features of a daily SIP in mutual fund:

• Frequent Investments: Allows small, daily investments in mutual funds instead of monthly or weekly contributions.
• Lower Investment Amount: Starts with smaller amounts, making it affordable for beginners.
• Disciplined Approach: Encourages consistent investing habits every day.
• Rupee Cost Averaging: Daily investments average out purchase costs, benefiting from market ups and downs.
• Reduces Market Timing Risk: Spreads investments over multiple days, reducing the impact of market volatility.
• Ideal for Irregular Income: Suitable for individuals with daily or irregular cash flows.
• Compounding Benefits: Daily contributions maximize compounding over time.
• Convenience: Easily set up through online platforms or fund houses.
• Maturity Calculation: You can benefit from a SIP calculator to estimate the maturity amount from your daily SIP investments.

SIP Calculator

I know my investment amount I know my goal amount

Monthly SIP Yearly SIP Lumpsum

I want to invest Pro Tip

Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth

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I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

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Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

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Total Wealth ₹1.03 Cr

View Plans

I want to save

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

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Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

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Monthly Investment ₹22.4 L

View Plans

Top Funds with High Returns (Past 7 Years)

13.31%

Equity Pension

15.9%

Opportunities Fund

18.4%

High Growth Fund

18.03%

US Growth Fund

21.28%

Multi Cap Fund

14.41%

Accelerator Mid-Cap Fund II

15.9%

Multiplier

15.11%

Frontline Equity Fund

18.41%

Pension Mid Cap Fund

11.51%

Equity II Fund

14.6%

US Equity Fund

15.53%

Growth Opportunities Plus Fund

12.06%

Equity Top 250 Fund

14.51%

Future Apex Fund

12.45%

Pension Dynamic Equity Fund

14.72%

Accelerator Fund

Types of SIP Based on Frequency

There are different types of SIP based on the investment frequency, which are as follows: 

• Daily SIP: You invest a small amount every day. Best for people with daily income.
• Weekly SIP: You invest once a week. Useful for handling short-term market changes.
• Monthly SIP: You invest once a month. Popular among salaried people.
• Quarterly SIP: You invest every three months. Good for those with income at intervals.
• Yearly SIP: Invests once a year. Works for people with annual income or bonuses.

Should We Invest Daily in SIP Mutual Funds?

Investing through a Daily SIP in mutual funds is gaining popularity, especially among those with irregular or frequent incomes. For Example, Riya, a freelance graphic designer, earns daily payments. A daily SIP allows her to invest ₹100/day without straining her budget. 

Riya should consider the following aspects to decide if she should invest daily in a SIP mutual fund:

Benefits of Daily SIPs

A daily SIP in a mutual fund offers several benefits to investors. Let us learn about some of them below:

• Risk Reduction: By investing daily, you avoid the risk of investing large sums during market highs.
• Enhanced Rupee Cost Averaging: Daily investments can reduce the average cost per unit more effectively than monthly contributions due to the frequency of purchases.
• Discipline: Encourages consistent habits and long-term wealth creation.
• Compounding Effect: Regular investments grow exponentially over time.
• Better Exposure to Market Fluctuations: Daily SIPs allow investors to capitalize on market dips more frequently.
• Flexibility: Suitable for varying income patterns like freelancers or small business owners.

Drawbacks of Daily SIP in Mutual Funds

The major disadvantages of a Daily SIP in a mutual fund are as follows:

• Lower Flexibility: Requires strict daily commitment, which might not suit everyone’s financial habits.
• Minimal Impact with Small Amounts: Very small daily investments may take longer to show significant growth.
• Limited Availability: Not all mutual fund schemes offer the daily SIP option.
• Excessive Monitoring: Frequent investments might tempt investors to monitor markets unnecessarily, leading to emotional decisions.
• Investment Planning: The investment can be planned better on a monthly basis. You can assess your income and expenses better on a monthly basis. Hence, you can implement the best investment strategy with a monthly income plan.

Which is Better: Daily SIP, Monthly SIP, or Lump Sum Investment 

Tools to Calculate Daily SIP Returns in Mutual Funds

Following are the key online calculators to estimate the returns for Daily SIP in Mutual Funds:

• SIP Calculator: Estimates the returns on your SIP investment over time, based on your monthly contributions and the expected rate of return.
• XIRR Calculator: Helps calculate the annualized return on your SIP, considering the irregular investment dates and varying amounts.
• CAGR Calculator: Determines the compound annual growth rate, giving the consistent growth rate of your investment over a specific period.

Conclusion

Investing daily in SIP mutual funds can be a smart approach for consistent wealth growth. It allows you to take advantage of rupee cost averaging, minimizing the impact of market volatility. However, it's important to assess your financial goals and risk tolerance before committing. If you’re looking for long-term growth with manageable risk, daily SIPs can be a good option. Always ensure your investment aligns with your overall financial plan.