What is a SIP Plan for 1000 per Month?
A Systematic Investment Plan (SIP) allows you to invest a small amount, such as ₹1,000 per month, in a market-linked investment option. This approach helps you to save in a disciplined manner and grow your investments over time. A best sip plan enables wealth building through the power of compounding and rupee-cost averaging.
Now that you know what is a SIP, you can learn the top 10 sip plans to invest in India in 2025.
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
17.33%
High Growth Fund
16.94%
Top 200 Fund
13.13%
Accelerator Mid-Cap Fund II
13.73%
Opportunities Fund
9.46%
Growth Plus Fund
12.23%
Accelerator Fund
13.27%
Grow Money Plus Fund
14.31%
Multiplier
10.91%
Equity Top 250 Fund
12.02%
Future Apex Fund
11.37%
Opportunities Fund
13.56%
Frontline Equity Fund
15.2%
Virtue II
9.93%
Pension Dynamic Equity Fund
11.39%
Top 300 Fund
9.47%
Blue-Chip Equity Fund
Best SIP Plans for 1,000 per Month≈
The following table lists the best investment options to invest in a SIP for Rs. 1000 only with annualised returns for 3, 5, and 10 years:
| SIP Plan Name |
Fund Size |
Annualised 3 - Year Returns |
Annualised 5 - Year Returns |
Annualised 10 - Year Returns |
| ULIP Funds |
|
| Canara Life – Growth Plus Fund |
Rs. 5,250 Cr |
11.8% |
15.1% |
11.3% |
| HDFC Life – Opportunities Fund |
₹39,282 Cr |
19.25% |
24.07% |
16.83% |
| HDFC Life- Discovery Fund |
₹7,762 Cr |
22.51% |
31.29% |
– |
| Kotak Life – Frontline Equity Fund |
Rs. 5,017 Cr |
17.1% |
22.1% |
15.7% |
| Pramerica Life - Nifty Mid Cap 50 Correlation Fund |
₹41 Cr |
29.5% |
30.7% |
18.1% |
| Mutual Funds |
|
| Edelweiss Large & Mid Cap Fund |
₹3,655 Crs |
19.19% |
24.55% |
17.49% |
| Kotak Equity Opportunities Fund |
₹25,293 Crs |
20.96% |
25.09% |
18.41% |
| Parag Parikh Flexi Cap Fund |
₹78,490 Crs |
17.3% |
27.1% |
19.42% |
| Quant Active Fund |
₹11,262 Crs |
19.59% |
32.99% |
20.93% |
| Quant Large and Midcap Fund |
₹3,707 Crs |
25.97% |
30.23% |
21.37% |
*Annualised Returns of funds as of 30 September 2024.
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
Details of Best SIP Plans for 1000 per Month~
The key details about the above-listed top sip plans for Rs. 1000 monthly are mentioned below:
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HDFC Life- Discovery Fund
HDFC Life Discovery Fund is a ULIP fund that focuses on long-term capital growth by investing primarily in mid-cap and small-cap equities. It targets companies with strong growth potential, offering an opportunity for higher returns but with a higher risk profile.
Features of HDFC Life- Discovery Fund:
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Investment Objective: The fund aims to provide long-term capital appreciation by investing in a mix of equity and debt instruments.
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Insurance Coverage: It combines investment with life insurance, ensuring financial protection for the policyholder's beneficiaries.
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Inception Date: 03 September 2018
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Benchmark Index: Nifty MidCap 100
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Asset Allocation: Money Market Instruments and Public Deposits (0 - 10%), Govt. Securities and Corporate Bonds (0 - 10%), and Equity Assets (90 - 100%).
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Tax Benefits: You can enjoy tax benefits under Section 80C and Section 10(10D).
Illustration of HDFC Life- Discovery Fund Returns:
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If you invest monthly: Rs. 1,000
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Period of investment: 5 years
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HDFC Life- Discovery Fund Expected 5-year Annualised Returns: 31.29%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.45 lakhs
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Pramerica Life - Nifty Mid Cap 50 Correlation Fund
Pramerica Life Nifty Mid Cap 50 Correlation Fund is a ULIP fund that aims to mirror the performance of the Nifty Mid Cap 50 Index. It invests in mid-cap companies, offering growth potential while maintaining a diversified risk profile aligned with the index.
Features of Pramerica Life - Nifty Mid Cap 50 Correlation Fund:
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Investment Objective: The fund aims to generate capital appreciation by investing in mid-cap companies, closely tracking the Nifty Mid Cap 50 Index.
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Insurance Coverage: It offers life insurance coverage along with investment options.
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Inception Date: 27 July 2023
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Benchmark Index: Nifty Mid Cap 50
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Asset Allocation: Equity Assets (90 - 100%) and Money Market Instruments (0 - 10%).
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Suitability: Ideal for investors looking for long-term capital growth with moderate to high-risk tolerance, focused on mid-cap companies.
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Tax Benefits: You can claim tax deductions under Section 80C, and the maturity benefits are tax-free under Section 10(10D).
Illustration of Pramerica Life - Nifty Mid Cap 50 Correlation Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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HDFC Life- Opportunities Fund Expected 5-year Annualised Returns: 30.7%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.42 lakhs
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HDFC Life – Opportunities Fund
HDFC Life Opportunities Fund is a ULIP fund that seeks long-term capital appreciation by investing in large-cap and mid-cap stocks across various sectors. It focuses on identifying market opportunities with high growth potential while managing risk through diversified investments.
Features of HDFC Life – Opportunities Fund:
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Investment Objective: This fund aims to provide long-term capital growth by investing primarily in equity and equity-related instruments.
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Insurance Coverage: Provides life insurance coverage, ensuring financial security for your family.
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Inception Date: 05 January 2010
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Benchmark Index: Nifty Mid Cap 100
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Asset Allocation: Money Market Instruments and Public Deposits (0 - 20%), Equity Assets (80 - 100%).
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Suitability: It is suitable for investors seeking long-term growth through equity investments while also wanting life insurance coverage.
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Tax Benefits: Offers tax deductions under Section 80C, with tax-free maturity proceeds under Section 10(10D).
Illustration of HDFC Life – Opportunities Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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Kotak Life- Frontline Equity Fund Expected 5-year Annualised Returns: 24.07%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.17 lakhs
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Kotak Life – Frontline Equity Fund
Kotak Life Frontline Equity Fund is a ULIP fund focused on long-term capital growth by investing primarily in large-cap equities. It aims to provide stable returns by targeting well-established companies with strong market leadership across various sectors.
Features of Kotak Life – Frontline Equity Fund:
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Investment Objective: The fund aims for capital appreciation by investing in a blend of large-cap and mid-cap equity stocks.
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Insurance Coverage: The fund offers life insurance coverage, providing financial security to the policyholder's beneficiaries.
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Inception Date: 17 December 2009
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Benchmark Index: BSE 100 - Equity 100%.
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Asset Allocation: Equity Assets (60 - 100%), Govt Securities and Debt Instruments (0 - 40%), and Money Market Instruments (0 - 40%).
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Suitability: This fund is ideal for investors looking for long-term capital growth and who prefer a focus on established companies.
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Tax Benefits: Investments qualify for tax deductions under Section 80C of the Income Tax Act, and the returns are tax-free under Section 10(10D) upon maturity.
Illustration of Kotak Life – Frontline Equity Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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Bajaj Life – Accelerator Mid-cap Fund II Expected 5-year Annualised Returns: 22.1%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.10 lakhs
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Canara Life – Growth Plus Fund
Canara Life Growth Plus Fund is a ULIP fund that aims for long-term capital appreciation by investing in a mix of large-cap and mid-cap equities. It focuses on growth-oriented companies, offering the potential for higher returns while managing investment risks through diversification.
Features of Canara Life – Growth Plus Fund:
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Investment Objective: The fund aims for long-term capital appreciation by investing primarily in a diversified portfolio of equities.
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Insurance Coverage: It provides life insurance coverage, ensuring financial protection for your family.
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Inception Date: 13 September 2010
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Benchmark Index: Nifty 50 (80%) and Customized UL Growth Plus Composite Bond Index (20%).
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Asset Allocation: Equity Assets (50 - 90%), Money Market Instruments (0 - 40%), and Debt Assets (10 - 50%).
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Suitability: This fund is suitable for investors looking for long-term growth and who want the added benefit of life insurance coverage.
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Tax Benefits: Investments in this fund qualify for tax deductions under Section 80C of the Income Tax Act, and the maturity benefits are tax-free under Section 10(10D).
Illustration of Canara Life – Growth Plus Fund Returns:
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If you invest: Rs. 1000 per month
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Period of investment: 5 years
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Quant Active Fund Expected 5-year Annualised Returns: 15.1%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 89,934
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Quant Active Fund
Quant Active Fund is a diversified equity mutual fund known for its dynamic investment strategy across sectors and market caps. It aims to provide long-term capital appreciation by actively managing a high-conviction portfolio based on market trends and economic conditions.
Features of Quant Active Fund:
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Investment Objective: The fund aims for long-term capital appreciation by investing in a diversified portfolio of large-cap, mid-cap, and small-cap companies.
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Inception Date: 04 April 2001
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Benchmark Index: NIFTY 500 Multicap 50:25:25 Total Return Index
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Suitability: This fund is suitable for investors looking for long-term growth and who can tolerate high risk.
Illustration of Quant Active Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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Parag Parikh Flexi Cap Fund Expected 5-year Annualised Returns: 32.99%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.53 lakhs
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Quant Large and Midcap Fund
Quant Large and Midcap Fund focuses on investing in a mix of large-cap and mid-cap stocks, aiming for growth through a balanced portfolio. The fund seeks to capitalize on both stability from large companies and growth potential from mid-sized firms.
Features of Quant Large and Midcap Fund:
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Investment Objective: The fund aims to achieve long-term capital appreciation by investing in a diversified portfolio of large and mid-cap companies.
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Inception Date: 15 April 1996
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Benchmark Index: Nifty large Midcap 250 Index
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Suitability: Ideal for investors seeking long-term growth and who can tolerate high-risk investments in both large and mid-cap stocks.
Illustration of Quant Large and Midcap Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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Quant Focused Fund Expected 5-year Annualised Returns: 30.23%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.4 lakhs
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Parag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund invests across large, mid, and small-cap stocks, offering flexibility to adapt to market conditions. It focuses on long-term wealth creation with a value-oriented approach and includes a mix of domestic and international equities.
Features of Parag Parikh Flexi Cap Fund:
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Investment Objective: The fund aims to provide long-term capital appreciation by investing primarily in equity and equity-related instruments.
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Inception Date: 13 May 2013
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Benchmark Index: Nifty 500 Index
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Suitability: This fund is suitable for long-term investors who seek a diversified equity portfolio with exposure to large, mid, and small-cap stocks.
Illustration of Parag Parikh Flexi Cap Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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Edelweiss Large & Mid Cap Fund Expected 5-year Annualised Returns: 27.1%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.28 lakhs
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Kotak Equity Opportunities Fund
Kotak Equity Opportunities Fund aims to generate long-term capital appreciation by investing primarily in a diversified portfolio of large-cap and mid-cap stocks. The fund focuses on identifying growth opportunities across various sectors while maintaining a disciplined investment approach.
Features of Kotak Equity Opportunities Fund:
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Investment Objective: The fund aims to provide long-term capital growth by investing in a diversified portfolio of equity and equity-related instruments.
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Inception Date: 01 January 2013
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Benchmark Index: Nifty Large Midcap 250 Index
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Suitability: Best suited for investors seeking long-term wealth creation and who can tolerate moderate to high risk. Ideal for those looking to invest in a mix of large and mid-cap stocks.
Illustration of Kotak Equity Opportunities Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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Kotak Equity Opportunities Fund Expected 5-year Annualised Returns: 25.09%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.20 lakhs
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Edelweiss Large & Mid Cap Fund
Edelweiss Large & Mid Cap Fund seeks to achieve long-term capital growth by investing in a combination of large-cap and mid-cap stocks. The fund aims to capture growth potential from mid-sized companies while maintaining stability through established large-cap firms.
Features of Edelweiss Large & Mid Cap Fund:
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Investment Objective: To provide long-term capital appreciation by investing in a combination of large-cap and mid-cap stocks.
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Inception Date: 01 January 2013
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Benchmark Index: Nifty Large Midcap 250 Index
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Suitability: Suitable for investors seeking long-term growth with a higher risk appetite, aiming for a balanced exposure to both large and mid-sized companies.
Illustration of Edelweiss Large & Mid Cap Fund Returns:
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If you invest: Rs. 1,000 per month
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Period of investment: 5 years
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Kotak Equity Opportunities Fund Expected 5-year Annualised Returns: 24.55%
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Total Investment: Rs. 60,000
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Total Returns: Rs. 1.18 lakhs
Summing Up
Selecting the best SIP plans for Rs. 1,000 per month involves carefully considering various factors such as fund performance, risk tolerance, and investment goals. It is essential to conduct thorough research to make informed decisions tailored to your individual preferences and financial objectives. By choosing wisely, you can optimize your returns and build a solid financial foundation through planned SIP investment.
FAQs
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Can I do a SIP of 1000 per month?
Yes, you can easily start a
Systematic Investment Plan (SIP) with ₹1000 per month. Most fund houses allow this minimum amount for SIP investments.
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Can I do a monthly SIP of 1000 twice in a month?
SIP is typically a fixed monthly instalment. If you want to invest twice in a month, you can set up two separate SIPs of ₹1000 each, as most fund houses allow flexible SIP frequencies.
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Which SIP is best for 1000 per month?
Some of the best SIPs for 1000 per month are listed below:
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HDFC Life- Discovery Fund
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Kotak Life – Frontline Equity Fund
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Bajaj Life – Pure Stock Fund
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Quant Active Fund
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Parag Parikh Flexi Cap Fund
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What is the best way to invest Rs. 1000 per month?~
The best way to invest Rs. 1000 per month depends on your individual circumstances and goals. However, here are a few general tips:
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How to double 1000 rupees?
Doubling your 1000 rupees can be achieved through various methods:
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What is the SIP of 1000 for 5 years?
A SIP of ₹1000 for 5 years means you will invest ₹1000 every month for a total period of 60 months. Over 5 years, you will have invested ₹60,000, and your returns will depend on the performance of the fund you choose. However, you can estimate your SIP returns from your chosen fund using a SIP Calculator; for example, if you invest in the Tata Flexi Growth Fund at an expected rate of 18%, you will earn Rs. 97,658 at the end of your maturity period.
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Which cap is best for a SIP of 1000 per month?~
For a ₹1000 per month SIP, large-cap funds are a safer choice as they invest in stable, well-established companies. You can also consider multi-cap or balanced funds for a mix of large, mid, and small-cap exposure, depending on your risk tolerance.
