SIP for Senior Citizens

SIPs, or Systematic Investment Plans, are a simple way for senior citizens to invest regularly in mutual funds. You can start with a small amount every month, like ₹100. SIPs reduce market risks by spreading investments over time. Retired people can choose debt or hybrid funds for stable returns and safety. SIPs are flexible, tax-efficient, and help in building a steady income or growing savings

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Invest Today, Secure Tomorrow

  • Take the first step to ₹1 Crore

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  • 100% online, Zero paperwork

    150+ Fund Options Available

  • Funds delivering up to 18% CAGR+

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Best SIP Funds

Tax Saving FundsLarge Cap Low Return FundsMid Cap Mid Return FundsMulti CapDebt FundsShariah FundsBalanced Funds
Payment Mode
Invest
₹ 10,000
Invest for
AUM (Cr)

₹10,413

NAV

₹170.75

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.55 20.97 18.45 %

View Fund
Instant tax receipt
AUM (Cr)

₹2,938

NAV

₹70.55

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.29 16.95 15.56 %

View Fund
Instant tax receipt
AUM (Cr)

₹2,390

NAV

₹73.18

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 15.1 15.5 15.4 %

View Fund
Instant tax receipt
AUM (Cr)

₹4,911

NAV

₹83.56

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.92 14.58 14.74 %

View Fund
Instant tax receipt
AUM (Cr)

₹390

NAV

₹68.13

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.63 13.85 14.55 %

View Fund
Instant tax receipt
AUM (Cr)

₹4,350

NAV

₹69.59

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.37 15.17 14.51 %

View Fund
Instant tax receipt
AUM (Cr)

₹31,034

NAV

₹79.77

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.6 14.6 14.2 %

View Fund
Instant tax receipt
AUM (Cr)

₹189

NAV

₹48.45

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.63 14.63 14.02 %

View Fund
Instant tax receipt
AUM (Cr)

₹119

NAV

₹56.53

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.92 14.55 13.95 %

View Fund
Instant tax receipt
AUM (Cr)

₹3,181

NAV

₹41.19

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.57 12.97 13.75 %

View Fund
Instant tax receipt
AUM (Cr)

₹2,938

NAV

₹70.55

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.29 16.95 15.56 %

View Fund
AUM (Cr)

₹2,390

NAV

₹73.18

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 15.1 15.5 15.4 %

View Fund
AUM (Cr)

₹390

NAV

₹68.13

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.63 13.85 14.55 %

View Fund
AUM (Cr)

₹4,350

NAV

₹69.59

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.37 15.17 14.51 %

View Fund
AUM (Cr)

₹189

NAV

₹48.45

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.63 14.63 14.02 %

View Fund
AUM (Cr)

₹119

NAV

₹56.53

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.92 14.55 13.95 %

View Fund
AUM (Cr)

₹3,181

NAV

₹41.19

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.57 12.97 13.75 %

View Fund
AUM (Cr)

₹6,732

NAV

₹152.12

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.32 13.91 13.51 %

View Fund
AUM (Cr)

₹2,679

NAV

₹69.69

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.03 13.76 13.3 %

View Fund
AUM (Cr)

₹694

NAV

₹29.24

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.32 13.55 12.25 %

View Fund
AUM (Cr)

₹10,413

NAV

₹170.75

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.55 20.97 18.45 %

View Fund
AUM (Cr)

₹4,911

NAV

₹83.56

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.92 14.58 14.74 %

View Fund
AUM (Cr)

₹31,034

NAV

₹79.77

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.6 14.6 14.2 %

View Fund
AUM (Cr)

₹9,240

NAV

₹66.32

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 21 21.99 22 %

View Fund
AUM (Cr)

₹11,912

NAV

₹121.11

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 21.02 22.5 19.29 %

View Fund
AUM (Cr)

₹938

NAV

₹74.35

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.64 15.23 15.27 %

View Fund
AUM (Cr)

₹11,956

NAV

₹70.93

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.33 14.15 13.71 %

View Fund
AUM (Cr)

₹982

NAV

₹54.93

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.63 13.55 13.11 %

View Fund
AUM (Cr)

₹3,110

NAV

₹60.39

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.3 12.8 12.6 %

View Fund
AUM (Cr)

₹464

NAV

₹56.87

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11 12.16 11.62 %

View Fund
AUM (Cr)

₹212

NAV

₹27.8

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.65 9.65 10.42 %

View Fund
AUM (Cr)

₹868

NAV

₹41.47

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.74 7.11 7.33 %

View Fund
AUM (Cr)

₹535

NAV

₹38.83

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.34 7.05 7.02 %

View Fund
AUM (Cr)

₹122

NAV

₹30.46

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.98 6.75 6.91 %

View Fund
AUM (Cr)

₹74

NAV

₹41.9

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.53 6.68 6.85 %

View Fund
AUM (Cr)

₹170

NAV

₹47.6

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 4.72 6.2 6.64 %

View Fund
AUM (Cr)

₹17,276

NAV

₹50.7

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.37 6.5 6.64 %

View Fund
AUM (Cr)

₹92

NAV

₹39.59

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.32 6.71 6.63 %

View Fund
AUM (Cr)

₹1,107

NAV

₹47.44

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.77 6.53 6.61 %

View Fund
AUM (Cr)

₹1,721

NAV

₹44.24

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.4 6.2 6.47 %

View Fund
AUM (Cr)

₹843

NAV

₹102.32

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 15.23 16.52 15.7 %

View Fund
AUM (Cr)

₹330

NAV

₹48.22

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 9.85 10.7 10.55 %

View Fund
AUM (Cr)

₹4,587

NAV

₹39.91

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.79 9.71 10.2 %

View Fund
AUM (Cr)

₹59

NAV

₹60.77

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.49 9.39 10.04 %

View Fund
AUM (Cr)

₹424

NAV

₹103.28

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.43 9.44 9.96 %

View Fund
AUM (Cr)

₹743

NAV

₹39.6

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 9.29 9.87 9.81 %

View Fund
AUM (Cr)

₹19,525

NAV

₹72.34

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 7.99 9.26 9.78 %

View Fund
AUM (Cr)

₹6,276

NAV

₹108.84

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.52 9.47 9.63 %

View Fund
AUM (Cr)

₹248

NAV

₹31.15

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.82 9.36 9.63 %

View Fund
AUM (Cr)

₹1,605

NAV

₹43.62

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 9.61 9.76 9.47 %

View Fund
View More

What is SIP for Senior Citizens?

A Systematic Investment Plan (SIP) is an easy and disciplined way for senior citizens to grow their savings. It lets them invest a fixed amount regularly in mutual funds, which helps in building wealth or generating income after retirement. SIPs are flexible, allowing seniors to choose the amount and frequency of their investment. They also help reduce market risk through rupee cost averaging and benefit from compounding. 

How SIP for Senior Citizens Work?

Let us learn the working of best SIP for senior citizens from the steps mentioned below:

  • Small Monthly Investments: Senior Citizens start with as low as ₹100 per month. This makes it easy to fit into a student’s budget.

  • Regular Saving Habit: SIPs help you to save money every month on a fixed date, building discipline in money management.

  • Earn Through Compounding: The invested money grows over time. The returns are reinvested, helping create more wealth.

  • Flexible to Manage: Senior Citizens can stop, increase, or withdraw the investment anytime as per their need.

  • Lower Risk Through Diversification: SIPs invest in different types of mutual funds, reducing the risk by spreading the money across sectors.

  • Future Financial Goals: Starting early helps senior citizens to save for future needs like travel, pursue a hobby, or for health expenses.

SIP Calculator

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
/Month
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
Years
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
% Annually
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Monthly Investment ₹22.4 L
View Plans
Top Funds with High Returns (Past 7 Years)
Equity Pension
12.82%
Equity Pension
Opportunities Fund
14.2%
Opportunities Fund
High Growth Fund
19.29%
High Growth Fund
Opportunities Fund
12.6%
Opportunities Fund
Multi Cap Fund
22%
Multi Cap Fund
Accelerator Mid-Cap Fund II
14.74%
Accelerator Mid-Cap Fund II
Multiplier
16.48%
Multiplier
Frontline Equity Fund
14.51%
Frontline Equity Fund
Virtue II
15.56%
Virtue II
Equity II Fund
10.75%
Equity II Fund
Blue-Chip Equity Fund
10.6%
Blue-Chip Equity Fund
Growth Opportunities Plus Fund
15.27%
Growth Opportunities Plus Fund
Equity Top 250 Fund
11.62%
Equity Top 250 Fund
Future Apex Fund
13.95%
Future Apex Fund
Pension Dynamic Equity Fund
11.47%
Pension Dynamic Equity Fund
Accelerator Fund
14.02%
Accelerator Fund

SIP Calculator to Estimate Investment Amount for Senior Citizens

The SIP Calculator for Senior Citizens helps estimate how much you need to invest each month to reach a financial goal. By entering details like your monthly investment, the duration, and expected returns, it shows the total amount at the end. Senior citizens can use this tool to plan for retirement or other long-term goals, making sure their investment matches their risk level. 

Let us learn how a senior citizen can use the SIP calculator:

  1. SIP Calculator for Retirement Fund:

    Select “I Know My Goal Amount” option and enter these details- 

    • Retirement Corpus Estimate: ₹40,00,000 (for retirement fund)

    • Investment Duration: 10 years

    • Expected Return: 15% annually.

  2. SIP Calculator Results:

    The calculator will show you the following results:

    • Monthly Investment Required: ₹15,200

    • Total Investment: ₹18,20,000

    • Amount Required: ₹40,00,000

    • Wealth Gained from SIP: ₹21,80,000

Start An Sip Today Watch Your Money Grow Start An Sip Today Watch Your Money Grow

Key Points to Consider Before Investing in a SIP for Senior Citizens

The following list shows the key points you should consider before starting to invest in a chosen best SIP for senior citizens:

  • Start with an Investment: Senior citizens can begin a Systematic Investment Plan (SIP) by investing a fixed amount every month in mutual funds.

  • Monthly Contributions: Every month, a set amount is automatically deducted from their bank account, making it easier to invest regularly.

  • Select Funds: They can choose from different types of mutual funds, such as equity, debt, or balanced funds, based on their comfort with risk.

  • Benefit from Compounding: SIPs help grow investments over time by earning returns on both the principal and the returns, thanks to compounding.

  • Reduce Risk: SIP helps reduce the effect of market ups and downs by spreading investments over several months or years.

  • Flexible Options: Senior citizens can change or stop their SIP whenever needed, based on their financial situation and goals.

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15 Years
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20 Years
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Conclusion

The best SIPs for senior citizens offer steady returns and low risk. Options like debt funds or hybrid funds are good for balancing safety and growth. SIPs also help in disciplined investing and protecting retirement savings. It is important to check your risk level, financial goals, and get advice from experts before investing. Always choose funds that suit your needs and ensure a secure future.

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SIP Calculator
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Yes Bank SIP Calculator
Nippon India SIP Calculator
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TATA SIP Calculator
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FAQs

  • What is a SIP for senior citizens?

    A Systematic Investment Plan (SIP) for senior citizens allows regular investments in mutual funds, offering stable returns over time.

  • Can senior citizens start a SIP with a small amount?

    Yes, senior citizens can start a SIP with as little as ₹500 per month, depending on the fund chosen.

  • Are SIPs safe for senior citizens?

    SIPs are moderately safe. Senior citizens can choose low-risk funds like debt or balanced funds for more stability.

  • Are SIP returns guaranteed for senior citizens?

    No, SIP returns are not guaranteed. However, funds with a conservative strategy often provide consistent returns.

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Invest ₹10K/Month & Get ₹1 Crore# Tax-Free*
*under 10(10D)

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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer:#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. All SIPs listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).

Claude
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