SIP for Students
SIP is an excellent way for students to begin their investment journey with
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SIP Plan Benefits
Start SIP with as low as ₹1000
No hidden charges
Save upto ₹46,800 in Taxunder section 80C^
Zero LTCG Tax¶
Disciplined & worry-free investing
What is SIP for Students?
SIP, or Systematic Investment Plan, is a simple way for students to begin investing. By investing a fixed amount each month, students can gradually build their savings. This helps in achieving future goals and teaches the importance of saving regularly. SIPs allow you to invest in mutual funds and benefit from power of compounding returns. This makes it a great option for students looking to ensure their financial future.
- Insurance Companies
- Mutual Funds
|
Returns |
| Fund Name |
5 Years |
7 Years |
10 Years |
| Max Life |
27.23% |
22.02% |
|
| Tata AIA |
30.82% |
22.55% |
|
| Bajaj Allianz |
23.62% |
13.69% |
|
| HDFC Standard |
25.08% |
15.71% |
|
| Canara HSBC Oriental Bank |
19.32% |
10.96% |
|
| Bharti AXA |
22.89% |
15.62% |
|
| Birla Sun Life |
25.95% |
15.11% |
|
| ICICI Prudential |
22.96% |
14.28% |
|
| LIC |
- |
- |
|
| PNB Metlife |
24.12% |
17.44% |
|
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% |
|
How SIP for Students Work?
Let us learn the working of best SIP for students from the steps mentioned below:
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Small Monthly Investments: Students can start with as low as ₹100 per month. This makes it easy to fit into a student’s budget.
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Regular Saving Habit: SIPs help students save money every month on a fixed date, building discipline in money management.
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Earn Through Compounding: The invested money grows over time. The returns are reinvested, helping create more wealth.
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Flexible to Manage: Students can stop, increase, or withdraw the investment anytime as per their need.
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Lower Risk Through Diversification: SIPs invest in different types of mutual funds, reducing the risk by spreading the money across sectors.
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Future Financial Goals: Starting early helps students save for future needs like higher education or travel.
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
14.74%
Accelerator Mid-Cap Fund II
14.76%
Opportunities Fund
10.33%
Equity II Fund
13.47%
Accelerator Fund
14.52%
Growth Opportunities Plus Fund
15.54%
Multiplier
11.6%
Equity Top 250 Fund
13.45%
Future Apex Fund
12.57%
Pension Opportunities Fund
14.16%
Frontline Equity Fund
15.09%
Virtue II
10.95%
Pension Dynamic Equity Fund
11.9%
Equity Fund
10.25%
Blue-Chip Equity Fund
SIP Calculator to Estimate Investment Amount for Students
An SIP calculator helps students estimate the future value of their investments when they invest regularly through a Systematic Investment Plan (SIP). By entering details like monthly investment amount, expected rate of return, and investment duration, the calculator shows the total corpus at maturity. This tool is easy to use and helps students plan small, regular savings effectively. Let us learn how the SIP calculator works:
Key Points to Consider Before Investing in a SIP for Students
The following list shows the key points you should consider before starting to invest in a chosen best SIP for students:
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Start with a Small Amount: Begin with ₹500 or ₹1,000 per month. It will be easier to manage your student budget.
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Know Your Goal: Decide why you want to invest—whether it’s for higher studies, travel, or just saving money.
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Choose the Right Duration: Invest for a longer period to get better returns through the power of compounding.
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Understand Your Risk Level: Select mutual funds based on your risk-taking ability. Beginners can go for low-risk funds.
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Check Flexibility: Make sure the SIP allows you to stop, pause, or increase investments when needed.
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Research Before Investing: Look at the mutual fund’s past performance and ratings to make a smart choice.
Conclusion
Starting a SIP (Systematic Investment Plan) as a student is a smart way to build wealth early. With minimal investment amounts, SIPs help you develop financial discipline and take advantage of compounding. In 2024, many mutual funds offer student-friendly options with good returns and manageable risk. By starting small and staying consistent, you can secure a brighter financial future while balancing your studies and savings goals.
FAQs
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What is SIP for students?
SIP for students is a way to invest small amounts of money regularly in mutual funds. It helps students start investing early and grow their money over time.
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What is the minimum amount needed to start an SIP for students?
The minimum amount to
start an SIP is as low as ₹100. This makes it easy for students to begin investing without a big initial investment.
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Can students invest in SIP through their parents’ bank account?
Yes, students can invest in SIP using their parents’ bank account with their permission. However, students should be aware of the process and understand how it works.
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Is SIP for students a good option for long-term wealth building?
Yes, SIP is a great way for students to build wealth in the long term. Since they have time on their side, they can benefit from steady growth and compounding.
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What is the ideal age for students to start an SIP?
It is best to start SIP as early as possible. Students can begin investing at the age of 18 to take full advantage of long-term growth.
