Best SIP Plans for 500 per Month

List of Best SIP Plans for 500 per Month in India in 2026

The following list is sorted as per the top-performing SIP for Rs. 500 per month:

Details of the Best SIP Plans for 500 per Month

Here are details of some of the best SIP plans available for a monthly investment of ₹500 as of 2026:

1. HDFC Mid Cap Fund Regular-Growth

   Parameters	Details
   Fund Name	HDFC Mid Cap Fund Regular-Growth
   NAV	₹ 199.15 (as on 2nd March, 2026)
   AUM	₹83,847.39 Crs
   Expense Ratio	1.34%
   Return 5 Years	29.27%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹100
   Risk Level	Principal at very high risk
   Launch Date	25th June, 2007
   Asset Allocation	Equity: 94.05%, Others: 5.95%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Diversified Energy & Utilities Financial Healthcare Materials Technology
   Top Holdings	Repo Max Financial Services Ltd AU Small Finance Bank Ltd The Federal Bank Ltd Balkrishna Industries Ltd Indian Bank Coforge Ltd Fortis Healthcare Ltd Glenmark Pharmaceuticals Ltd Ipca Laboratories Ltd
   Fund Managers	Chirag Setalvad Dhruv Muchhal
   Fund Type	Open-ended

   
   
   

2. Kotak Flexicap Fund Regular-Growth

   Parameters	Details
   Fund Name	Kotak Flexicap Fund Regular-Growth
   NAV	₹ 85.99 (as on 2nd March, 2026)
   AUM	₹53,293.04 Crs
   Expense Ratio	1.43%
   Return 5 Years	18.83%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹100
   Risk Level	Principal at very high risk
   Launch Date	11th September, 2009
   Asset Allocation	Equity: 97.96%, Debt: 0.12%, Others: 1.92%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Diversified Energy & Utilities Financial Healthcare Materials Technology
   Top Holdings	ICICI Bank Ltd HDFC Bank Ltd Bharat Electronics Ltd State Bank of India Ultratech Cement Ltd Axis Bank Ltd Larsen & Toubro Ltd Jindal Steel & Power Ltd Zomato Ltd SRF Ltd
   Fund Managers	NA
   Fund Type	Open-ended

3. SBI Large Cap Fund-Growth

   Parameters	Details
   Fund Name	SBI Large Cap Fund-Growth
   NAV	₹ 93.70 (as on 2nd March, 2026)
   AUM	₹53,030.39 Crs
   Expense Ratio	1.48%
   Return 5 Years	18.32%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹5,000
   Risk Level	Principal at very high risk
   Launch Date	14th February, 2006
   Asset Allocation	Equity: 96.82%, Debt: 0.99%, Others: 2.19%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Energy & Utilities Financial Healthcare Materials Technology
   Top Holdings	HDFC Bank Ltd Reliance Industries Ltd ICICI Bank Ltd Larsen & Toubro Ltd Repo Asian Paints Ltd Eicher Motors Ltd Infosys Ltd HDFC Life Insurance Co Ltd State Bank of India
   Fund Managers	Pradeep Kesavan Saurabh Pant
   Fund Type	Open-ended

4. Nippon India Large Cap Fund-Growth

   Parameters	Details
   Fund Name	Nippon India Large Cap Fund-Growth
   NAV	₹ 90.84 (as on 2nd March, 2026)
   AUM	₹44,164.76 Crs
   Expense Ratio	1.5%
   Return 5 Years	24.51%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹100
   Risk Level	Principal at very high risk
   Launch Date	8th August, 2007
   Asset Allocation	Equity: 99.1%, Debt: 0%, Others: 0.9%
   Top Sectors	Consumer Discretionary Industrials Consumer Staples Diversified Energy & Utilities Financial Healthcare Materials Technology
   Top Holdings	HDFC Bank Ltd ICICI Bank Ltd Reliance Industries Ltd State Bank of India Axis Bank Ltd Larsen & Toubro Ltd ITC Ltd Bajaj Finance Ltd Infosys Ltd GE T&D India Ltd
   Fund Managers	Sailesh Raj Bhan Bhavik Dave
   Fund Type	Open-ended

   
   
   

5. ICICI Prudential Value Fund-Growth

   Parameters	Details
   Fund Name	ICICI Prudential Value Fund-Growth
   NAV	₹ 479.78 (as on 2nd March, 2026)
   AUM	₹53,715.52 Crs
   Expense Ratio	1.51%
   Return 5 Years	25.94%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹1,000
   Risk Level	Principal at very high risk
   Launch Date	16th August, 2004
   Asset Allocation	Equity: 95.34%, Debt: 1.72%, Others: 2.95%
   Top Sectors	Financial Healthcare Consumer Discretionary Industrials Consumer Staples Energy & Utilities Materials Technology
   Top Holdings	ICICI Bank Ltd Reliance Industries Ltd HDFC Bank Ltd Infosys Ltd Repo ITC Ltd Sun Pharmaceutical Industries Ltd Tata Consultancy Services Ltd Axis Bank Ltd NTPC Ltd
   Fund Managers	Sankaran Naren Dharmesh Kakkad Sharmila D'Silva Masoomi Jhurmarvala
   Fund Type	Open-ended

6. Aditya Birla Sun Life Large Cap Fund Regular-Growth

   Parameters	Details
   Fund Name	Aditya Birla Sun Life Large Cap Fund Regular-Growth
   NAV	₹ 525.98 (as on 28th February, 2026)
   AUM	₹30,234.55 Crs
   Expense Ratio	1.63%
   Return 5 Years	18.88%
   Minimum Investment	SIP ₹1000 & Lumpsum ₹100
   Risk Level	Principal at very high risk
   Launch Date	30th August, 2002
   Asset Allocation	Equity: 97.7%, Debt: 0.74%, Others: 1.56%
   Top Sectors	Consumer Discretionary Industrials Diversified Consumer Staples Energy & Utilities Financial Healthcare Materials Real Estate Technology
   Top Holdings	HDFC Bank Ltd ICICI Bank Ltd Infosys Ltd Reliance Industries Ltd Larsen & Toubro Ltd Axis Bank Ltd Bharti Airtel Ltd Kotak Mahindra Bank Ltd Mahindra & Mahindra Ltd State Bank of India
   Fund Managers	Mahesh Patil Dhaval Joshi
   Fund Type	Open-ended

How Does SIP Plans for 500 Per Month Work? 

A SIP of ₹500 per month means you invest a fixed amount of ₹500 every month in a mutual fund over a chosen period (for example, 5, 10, or 20 years).

How it works in simple terms

• You select a mutual fund (equity, hybrid, or debt) and set up a monthly auto‑debit from your bank account on a fixed date.
• On each SIP date, ₹500 is used to buy units of that fund at the prevailing Net Asset Value (NAV); when NAV is low you get more units, when it is high you get fewer units.
• Over time this creates rupee‑cost averaging (you don’t need to time the market) and compounding (returns are reinvested and grow on top of earlier returns).

Example

Assume:

• ₹500 per month
• 12% annual return (long‑term equity‑fund type return, only illustrative)
• 15 years

Then roughly:

• Total invested ≈ ₹90,000 (₹500 × 12 months × 15 years).
• Approximate corpus ≈ ₹2.3–2.5 lakh 

You can calculate your return on investments using an SIP calculator to simplify your calculations.

This shows how even a small SIP can grow significantly over time if you stay invested and increase the SIP as your income rises.

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

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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

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Top Funds with High Returns (Past 7 Years)

13.47%

Equity Pension

16.01%

Global Equity Index Funds Strategy

19.19%

High Growth Fund

18.03%

US Growth Fund

21.01%

Multi Cap Fund

14.94%

Accelerator Mid-Cap Fund II

16.36%

Multiplier

15.09%

Frontline Equity Fund

15.62%

Virtue II

11.61%

Equity II Fund

13.59%

US Equity Fund

15.97%

Growth Opportunities Plus Fund

12.41%

Equity Top 250 Fund

14.34%

Future Apex Fund

12.4%

Pension Dynamic Equity Fund

14.74%

Accelerator Fund

In Conclusion

Investing in the best SIP plans for Rs. 500 per month can be a great start to building long-term wealth. Consider diversifying across different types of funds, such as equity, debt, or hybrid funds, based on your risk tolerance and financial goals. While the amount may seem modest, the discipline of regular investing can yield significant returns over time due to the power of compounding.