Best SIP for Long-Term
Selecting the best SIP plan is important when planning for long-term financial goals such as retirement, education, or wealth accumulation. They offer a disciplined approach to investing, allowing individuals to invest a fixed amount in funds over time regularly. Choosing the right SIP plan involves considering factors such as investment horizon, risk tolerance, fund performance, and diversification to achieve optimal growth and financial stability in the long run.
-
Home
-
SIP Investment
- Best SIP for Long Term
- Insurance Companies
- Mutual Funds
| Returns | ||||
|---|---|---|---|---|
| Fund Name | 3 Years | 5 Years | 10 Years | |
| Top 200 Fund Tata AIA | 24.74% | 31.65% |
20.12%
View Plan
|
|
| Virtue II PNB Metlife | 22.28% | 27.93% |
18.14%
View Plan
|
|
| Pure Equity Birla Sun Life | 20.86% | 24.74% |
16.69%
View Plan
|
|
| Growth Opportunities Plus Fund Bharti AXA | 17.96% | 22.2% |
16.15%
View Plan
|
|
| Pure Stock Fund Bajaj Allianz | 19.31% | 22.69% |
15.67%
View Plan
|
|
| Diversified Equity Fund HDFC Standard | 15.67% | 20.12% |
15.12%
View Plan
|
|
| Growth Super Fund Max Life | 15.78% | 19.21% |
13.57%
View Plan
|
|
| Equity Fund SBI | 15.88% | 18.78% |
13.1%
View Plan
|
|
| Multi Cap Growth Fund ICICI Prudential | 16.58% | 19.08% |
12.87%
View Plan
|
|
| Growth Plus Fund Canara HSBC Oriental Bank | 13.79% | 15.67% |
11.3%
View Plan
|
|
Updated as of Aug 2024
| Returns | ||||
|---|---|---|---|---|
| Fund Name | 3 Years | 5 Years | 10 Years | |
| Active Fund QUANT | 24.92% | 31.48% |
21.87%
|
|
| Flexi Cap Fund PARAG PARIKH | 20.69% | 26.41% |
19.28%
|
|
| Large and Mid-Cap Fund EDELWEISS | 22.34% | 24.29% |
17.94%
|
|
| Equity Opportunities Fund KOTAK | 24.64% | 25.01% |
19.45%
|
|
| Large and Midcap Fund MIRAE ASSET | 19.74% | 24.32% |
22.50%
|
|
| Flexi Cap Fund PGIM INDIA | 14.75% | 23.39% |
-
|
|
| Flexi Cap Fund DSP | 18.41% | 22.33% |
16.91%
|
|
| Emerging Equities Fund CANARA ROBECO | 20.05% | 21.80% |
15.92%
|
|
| Focused fund SUNDARAM | 18.27% | 18.22% |
16.55%
|
|
Updated as of July 2024
What is an SIP?
The full form of SIP is a Systematic Investment Plan. It is a systematic approach towards investing in various funds available in the market. It allows you to invest a fixed amount of money at regular intervals, like monthly or quarterly, instead of a lump sum. This is a great option for those who want to start investing with a small amount and gradually build their wealth over time. SIPs encourage disciplined investing and help average out the impact of market volatility. Investing in the best SIP plans for 20 years can be beneficial as it allows your money to grow over time. That’s why you should always try to stay invested for a long time.
Best SIPs for Long-Term
Some of the best SIPs for the long term in India are listed below:
Best Large-Cap Funds for Long-Term SIPs
Best Mutual Funds for Long Term SIP
Below is the list of best mutual funds for long-term SIP:
-
Axis Bluechip Fund - Growth:
The fund’s objective is to achieve long-term capital growth by investing in a mixed portfolio that consists of equity and its related securities of large-cap or bluechip companies.
-
The fund’s risk profile is moderately high.
-
The NAV of the fund is Rs. 61.60 as of April 19th, 2024.
-
The minimum limit for SIP investment is Rs 100.
-
Returns since inception is 15.34%.
-
-
Canara Robeco Bluechip Equity Fund - Growth:
The fund aims to multiply capital by investing in large market capitalization companies.
-
This is an open-ended large-cap equity fund.
-
The fund is moderately risky.
-
The NAV of the fund is Rs. 61.22 as of April 19th, 2024.
-
The minimum limit for SIP investment is Rs. 1,000.
-
Annualized Returns since inception is 15.42%.
-
Insurance Funds
-
Tata AIA Life Insurance Top 200 Fund
The Top 200 fund will invest primarily in select stocks and equity-linked instruments, which are a part of the BSE 200 Index with a focus on generating long-term capital appreciation. The fund will not replicate the index but aim to attain better performance than the index's performance. As a defensive strategy arising from market conditions, the scheme may also invest in debt and money market instruments.
-
This is an open-ended large-cap fund.
-
The fund is moderately risky.
-
The NAV of the fund is Rs.147.7801 as of March 31st, 2024.
-
The minimum limit for SIP investment is Rs 1000.
-
The last 10-year annualised return is 20.6% as of March 31st, 2024.
-
-
HDFC Life BlueChip Fund
The fund aims to provide medium to long-term capital appreciation by investing in a portfolio of predominantly large-cap companies which can perform through economic and market cycles. The fund will invest at least 80% of the AUM in companies which have a market capitalization greater than the company with the least weight in the BSE100 index. The fund may also invest up to 20% in money market instruments/cash.
-
This is an open-ended large-cap fund.
-
The fund is moderately risky.
-
The NAV of the fund is Rs. 45.1243 as of March 31st, 2024.
-
The minimum limit for SIP investment is Rs 1000.
-
Annualized Returns since inception is 11.16% as of March 31st, 2024.
-
Best Mid-Cap Funds for Long-Term SIPs
Best Mutual Funds for Long Term SIP
Below is the list of best mutual funds for long-term SIP:
-
Axis MidCap Fund - Growth:
The fund’s objective is to achieve long-term capital appreciation by investing in equity and equity-related instruments of mid-size companies. The main focus would be on investing in large companies in this category.
-
This is an open-ended mid-cap equity fund.
-
The fund has a moderately high-risk profile.
-
The NAV of the fund is Rs 105.75 as of April 19th, 2024.
-
The minimum limit for SIP investment is Rs 100.
-
Returns since inception is 19.77%.
-
-
PGIM India Mid-Cap Opportunities Fund - Growth:
The fund aims to achieve long-term capital appreciation by investing in equity and equity-related mid-cap instruments of mid-cap companies.
-
This is an open-ended mid-cap equity fund.
-
The fund is categorized as highly risky.
-
NAV of the fund is Rs. 61.98 as of April 19th, 2024.
-
The minimum SIP investment limit is Rs 1000.
-
Returns since inception is 20.9%
-
Insurance Funds
-
Tata AIA Whole Life Mid Cap Equity Fund
The primary investment objective of the Fund is to generate long-term capital appreciation from a portfolio that is invested predominantly in Mid Cap Equity and Mid Cap Equity-linked securities. Investments in large-cap equity shares will be restricted to not more than 20%.
-
This is an open-ended mid-cap equity fund.
-
The fund is categorized as highly risky.
-
NAV of the fund is Rs. 125.4819 as of March 31st, 2024.
-
The minimum SIP investment limit is Rs 1000.
-
10 years returns of the fund 21.6%.
-
-
Max Life Insurance High Growth Fund
The fund is a multi-cap fund focusing on mid-cap equities, where predominant investments are equities of companies with high growth potential in the long term (to target high growth in capital value assets). At least 70% of the Fund corpus is invested in equities at all times. However, the remaining is invested in government securities, corporate bonds, and money market instruments; hence, the risk involved is relatively high.
-
This is an open-ended mid-cap equity fund.
-
The fund is categorized as highly risky.
-
NAV of the fund is Rs. 93.2632 as of March 31st, 2024.
-
The minimum SIP investment limit is Rs 1000.
-
Annualized Returns since inception is 14.87% as of March 31st, 2024.
-
Best Small-Cap Funds for Long Term SIPs
Best Insurance Funds for Long Term SIP
-
Kotak Small-Cap Fund- Growth:
The fund’s investment objective is to have capital growth from a diversified portfolio of equity and related securities.
-
This is an open-ended small-cap equity fund.
-
The fund’s risk profile is moderately high.
-
The Fund’s NAV as of April 19th, 2024, is Rs. 262.02.
-
The minimum limit for SIP investment is Rs 100.
-
Returns since inception is 20.96%.
-
-
SBI Small-Cap Fund-Growth:
The scheme seeks to generate income and long-term capital growth by investing in a portfolio of equity and related securities of small and mid-cap companies.
-
This is an open-ended small-cap equity fund.
-
The fund is highly risky.
-
NAV for the fund as of April 19th, 2024, is Rs 175.64.
-
The minimum SIP investment limit is Rs. 500.
-
Returns since the inception of the fund is 26.02%.
-
Best Debt Funds for Long-Term SIP
Best Insurance Funds for Long Term SIP
-
Tata AIA Whole Life Income Fund
The primary investment objective of the Fund is to generate income through investing in a range of debt and money market instruments of various maturities with a view to maximizing the optimal balance between yield, safety and liquidity. The Fund will have no investments in equity or equity-linked
instruments at any point in time
-
This is an open-ended debt fund.
-
The fund is highly risky.
-
NAV for the fund as of March 31st, 2024, is Rs. 36.4504.
-
10-year returns of the fund is 8.30%.
-
-
SBI Life Bond Fund
To provide relatively safe and less volatile investment options mainly through debt instruments and accumulation of income through investment in fixed-income securities.
-
This is an open-ended debt fund.
-
The fund is highly risky.
-
NAV for the fund as of March 31st, 2024, is Rs. 36.4504.
-
Returns since the inception of the fund is 8.11%
-
Best Diversified Funds for Long-Term SIPs
-
UTI Equity Savings Fund =-Growth:
This fund aims to invest in a portfolio of equity and equity-related securities as well as fixed-income securities to generate regular income along with capital appreciation.
-
This is an open-ended hybrid equity fund.
-
This fund has a moderate risk factor.
-
NAV for the fund as of April 19th, 2024, is Rs. 17.41.
-
The minimum SIP investment limit is Rs 500.
-
Returns since inception is 10.33%.
-
How to Calculate Returns on Your Investments?
Calculating returns on your investments is important for evaluating their performance and making informed decisions about your financial goals. One common method to calculate returns, especially for systematic investment plans (SIPs), is by using an SIP calculator. An SIP return calculator is a financial tool used to estimate the future value of investments. It takes inputs such as the investment amount, duration, expected rate of return, and compounding frequency to calculate potential returns and help investors plan their financial goals effectively.
Conclusion
Selecting the best SIP Plan for long-term investment goals requires careful consideration of factors such as investment horizon, risk tolerance, and financial objectives. Diversifying across asset classes, staying committed to regular investments, and reviewing portfolio performance periodically are key strategies to achieve long-term wealth creation and financial success through SIPs.
