Start SIP in Best Mutual Fund Plans

Systematic Investment Plan (SIP) is a smart investment instrument wherein a specific amount is deducted on a monthly basis in a mutual fund. As a simple and disciplined investment option SIP helps the investors to invest a small amount regularly in order to create a financial cushion for the future.

Read more
Guaranteed tax savings
Under sec 80C & 10(10D)
₹1 Crore
Invest ₹10k per month*
Zero LTCG Tax
Unlike 10% in mutual funds
All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
To help you with the best quotes, please tell us following details
+91
View Plans
Please wait. We Are Processing..
Plans available only for people of Indian origin By clicking on "View Plans" you, agree to our Privacy Policy and Terms Of Use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply.
Get Updates on WhatsApp
All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

In the case of market fall, the investors can buy more units of mutual fund in the next instalment. Thus, at the time when the market recovers the investors will receive higher returns as compared to the lump-sum investment.

How SIP Works?

In SIP Mutual Funds, the investors can invest a predetermined amount at a monthly, weekly and quarterly basis according to one’s own suitability and requirement. In order to start to SIP the investors are required to fill the SIP form and a bank mandate. The amount is deducted automatically from the bank account on a predetermined date and is invested in the chosen mutual fund scheme as per the applicable NAV (Net Asset Value).

How SIP Investment is Better than Lump-Sum?

As compared to the lump-sum investment, systematic investment plans are often considered a better investment option. This is because in most cases SIP Mutual Fund offers better returns in long-term as compared to lump-sum investments. Since in SIP the investments are made periodically, it offers the benefit of fixed sum investment and frequency of investment.

As in reason why SIP mutual fund investment, a fixed amount is invested at a regular interval of the time one does not need to time the market. This means that the investors can buy more units when the market is low and fewer units when the market is high. This results in lower average price converting to higher returns. On contrary to this, in lump-sum investment, the risk involved is more as the return on investment totally depends on the market performance of the fund. This means that in lump-sum investment one do not have control over the market therefore, the chances are high that the investment made by an individual can go into loss if the market does not perform well.

Another reason why SIP Mutual Fund investment is considered a better investment option is that in SIP investment one can make the small investment over a long-term period and earn a higher return as compared to the lump-sum investment. Unlike lump-sum investment, in SIP, the minimum investment can be made of Rs.500-Rs1000 and there is no upper limit on the maximum investment amount.

How to Choose the Best Mutual Funds to Invest Through SIP?

Further, in this article, we have shortlisted top performing equity mutual funds which is one of the best options for investment for investors who want to gain a high return on investment by investing through SIP. The key aspects of choosing the best performing mutual funds are:

  • Check the past 3-5 years performance of the funds.
  • Check the CRISIL (Credit Ration Information Services of India Limited) rating of funds.
  • Consider investing in funds that have been placed on the top of the CRISIL list.

Best SIP Funds to Invest

Let’s take a look at the best SIP funds to invest. For the better understanding of our readers, here we have shortlisted funds based on the types of funds and 5-years returns.

Fund Name Returns
  3 years 5 years
Aditya Birla Sun Life Pure Value Fund 17.23% 30.80%
Aditya Birla Sun Life Savings Fund 7.53% 8.03%
Birla SL Balanced '95 Fund 9.42% 16.83%
Birla SL Equity Fund 13.70% 21.78%
BNP Paribas Large Cap Fund 1.41% 1.81%
DSP BlackRock Midcap Fund 16.77% 25.68%
DSP Strategic Bond Fund 7.70% 8.10%
HDFC Balanced 10.65% 18.96%
HDFC Mid Cap Opportunities Fund 14.84% 26.00%
HDFC Prudence Fund 9.02% 16.56%
HDFC Small Cap Fund 21.52% 24.31%
ICICI Prudential Equity & Debt Fund 11.11% 17.48%
ICICI Prudential Value Discovery 7.34% 21.25%
IIFL Focused Equity Fund 2.69% 4.80%
Kotak Standard Multicap Fund -1.28% 3.56%
L&T Emerging Businesses Fund 24.1% ---
L&T Emerging Businesses Fund 2.3% 7.4%
L&T India Prudence Fund 10.03% 18.36%
L&T low Duration Fund 6.12% 7.49%
Mirae Asset Emerging Bluechip 18.5% 29.80%
Nippon India Low Duration Fund 7.50% 7.73%
Reliance Credit Risk Fund 7.87% 8.33%
Reliance Small Cap Fund 22.5% 35.82%
SBI Magnum Balanced Fund 9.10% 17.27%
SBI Magnum Gilt Short Term 8.78% 9.38%
SBI Small Cap Fund 23.0% 34.74%
UTI Transformation & Logistics Fund 11.4% 30.16%
See More Plans

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer. Tax benefit is subject to changes in tax laws. *Standard T&C Apply

SBI Small Cap Fund

This is an open-ended equity scheme that aims to provide long-term capital growth to the investors by making investment majorly in equity stocks of small-cap companies. This scheme is ranked number 2 by CRISIL in the small-cap category. This fund is best suitable for investors who have a moderately high-risk appetite and wants to accumulate wealth over a long-term period by gaining a higher return on investment.

Reliance Small Cap Fund

This is an open-ended equity scheme which aims to provide long-term capital growth to the investors by making investment predominantly in equity and equity instruments of small cap companies. Besides this, the plan also aims to generate steady returns by investing in money market and debt securities. This scheme is considered as one the best performing SIP mutual funds scheme in the small-cap category. Reliance small-cap fund is a great option of investment for individuals who have a high-risk appetite and wants to create corpus over a long-term period by gaining high returns on investment.

L&T Emerging Businesses Fund

As an open-ended equity scheme, the main objective of the plan is to provide long-term capital growth to the investors by making investment majorly in equity and equity oriented securities. This scheme majorly invests in equity stocks of small-cap companies. L&T Emerging Businesses Fund is best suitable for investors who have a high-risk appetite and wants to gain a high return on investment over a long-term period.

UTI Transformation & Logistics Fund

As an open-ended scheme, the fund majorly invests in equity and equity-related securities. This scheme operates in the transportation and logistics sector and aims to generate long term capital growth to the investors. This fund is best suitable for investors who have a high-risk appetite and wants to gain medium to long-term returns on investment.

Mirae Asset Emerging Bluechip

This is a mid-cap fund in which 35% of the money is invested in large-cap stocks and the rest 65% is invested in mid-cap stocks. The main objective of the fund is to generate wealth over a long-term period. This plan is best suitable for investors who have a high-risk appetite.

Aditya Birla Sun Life Pure Value Fund

Launched in the year 2008 Aditya Birla Sun Life Pure Value Fund is equity-based investment scheme which mainly deals in shares of mid-cap companies. The primary aim of this scheme is to provide capital growth with the investment made in equity and equity related instruments. This plan is best suited for investors who want to gain maximum returns on investment over a long period of time.

Debt Fund

Debt Fund Returns
  3 years 5 years
Aditya Birla Sun Life Savings  Fund Growth Regular Plan 7.92% 8.42%
Aditya Birla Sun Life Short Term Opportunities Fund-Regular Plan Growth 7.35% 8.3%
L&T Low Duration Fund Growth 8.1% 8.55%
Reliance Credit Risk Fund 6.47% 7.68%
SBI Magnum Gilt Fund Regular Growth 8.04% 10.13%

 Disclaimer: “Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.”

Aditya Birla Sun Life Savings Fund Growth Regular Plan

This is an open-ended scheme which majorly invests in debt fund for the ultra-short duration. As one of the top performing SIP mutual fund debt scheme, the major objective of the fund is to provide a consistent average return to the investors. As this is a low-risk investment option, this plan is best suitable for investors who have a low-risk appetite and wants to gain a consistent return on investment.

L&T Low Duration Fund Growth

This is an open-ended scheme in which the majority of the funds are invested in debt and low-risk securities. As one of the top performing mutual fund, L&T Low Duration Fund Growth offers moderate to low risk to the investors. This is best for investors who want to gain a regular return on investment and have a low to moderate risk appetite.

Reliance Credit Risk Fund

The major investment objective of this fund is to generate maximum returns consistent with a moderate risk level. The plan aims to generate capital appreciation in the long-term. As one of the top performing mutual fund, the investment is majorly made in debt and money market instruments. This plan is best suited for investors who want to gain regular and steady returns on investment over a long period of time.

Aditya Birla Sun Life Short Term Opportunities Fund-Regular Plan Growth

As one of the top performing SIP mutual funds the primary objective of the scheme is to generate income along with the benefit of capital appreciation in the long-term. Under this fund option up to 100% of the investment is made in debt and money market instrument. As an open-ended debt fund, this is a great investment option for individuals who has a moderate risk appetite and who wants to generate regular income in a long-term period.

SBI Magnum Gilt Fund Regular Growth

As one of the best SIP mutual funds scheme, the major objective of the scheme is to generate regular income through investments in government securities issued by the central and state government.  This fund is best suited for individuals who have a moderate risk appetite and who want to make a safe investment for a longer-term period.

Balanced Fund

Balanced Fund Returns
  3 years 5 years
HDFC Balanced Fund 10.40% 16.07%
ICICI Prudential Equity and Debt Fund 11.22% 15.83%
L&T Hybrid Equity Fund 8.76% 15.79%
SBI Equity Hybrid Fund 9.28% 14.98%

 Disclaimer: “Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.”

L&T Hybrid Equity Fund

This is an open-ended scheme which makes the investment in equity and equity-related securities.  Under this fund option, the investment is also made in debt and money market instruments. The main objective of the scheme is to generate profitable returns along with the benefit of long-term capital appreciation.  Under this fund option, maximum 75% of the fund is invested in an equity fund, whereas, 35% of the fund is invested in debt and money market instruments.  This fund option is beneficial for investors who have a high-risk appetite and who want to gain a higher return on investment over a long-term period.

SBI Equity Hybrid Fund

This is an aggressive hybrid plan which aims to provide long-term capital appreciation to the investors, along with the liquidity of open-ended scheme. Under this fund option, the investment is made in the combination of debt and equity instruments.  SBI Equity Hybrid Fund invests in different sections of equity in order to create capital growth and stabilizes the risk by investing the remaining assets in fixed income instruments.  This fund option is best suitable for investors who want to gain regular income from the investment.

HDFC Balanced Fund

As one of the top performing SIP mutual funds, HDFC Balanced Fund aims to provide long-term capital growth by investing in a dynamic mix of equity and debt funds. This fund option is best suitable for investors who want to gain regular income from the investment.

ICICI Prudential Equity and Debt Fund

As the name suggests this fund invests in a combination of both debt and equity instruments. As one of the best SIP mutual funds, the scheme aims to provide regular income with the benefit of long-term capital appreciation. This is a balanced fund which provides the investor portfolio with the boost in returns and portfolio stability.  This is best suitable for investors who have a high-risk appetite and who want to gain profitable market returns over a long-term period.

Equity Fund

Equity Fund Returns
  3 years 5 years
Aditya Birla Sun Life Frontline Equity Fund Growth 10.24% 14.44%
ICICI Prudential Bluechip Fund Growth 11.44% 14.24%
L&T India Value Growth 10.44% 21.65%
Mirae Asset equity Fund Regular Growth  13.96% 18.65%
SBI Magnum Multi Cap Fund Regular Growth 11.02% 18.22%
SBI Bluechip Fund Regular Growth 8.76% 15.52%

 Disclaimer: “Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.”

Mirae Asset Equity Fund Regular Growth 

As an open-ended equity fund, Mirae Asset Equity Fund Regular Growth focuses to generate long-term capital growth to the investors by making investment majorly in equity and equity-related securities.  The scheme is available under a direct and regular plan with separate NAV and common portfolio. Each plan is available under two options- growth and dividend plan.  This plan is best suitable for individuals who have a high-risk appetite and who want to generate capital appreciation in the long-term.

L& T India Value Growth

As one of the best Sip mutual funds, this is an open-ended equity fund which provides an opportunity for the investors to earn higher returns on investment by making the investment in equity and equity-related securities. The scheme can also invest in foreign securities in the international market. This is a lucrative option of investment for investors who have a high-risk appetite and who want to gain higher returns on investment over a long-term period.

SBI Magnum Multi Cap Fund Regular Growth

This is an open-ended equity scheme which is specifically designed to provide investors with the opportunity to gain long-term growth while ensuring ample liquidity of the scheme. Under this fund option, the investment is majorly done in equity and equity-related securities. These fund options are best suitable for individuals who have a high-risk appetite and who want to make capital appreciation over a long period of time along with the benefit of investment returns.

Aditya Birla Sun Life Frontline Equity Fund Growth

Launched in the year 2008 Aditya Birla Sun Life Frontline Fund Growth is an equity-based investment scheme which mainly deals in shares of mid-cap companies. The primary aim of this scheme is to provide capital growth with the investment made in equity and equity related instruments. This plan is best suited for investors who want to gain maximum returns on investment over a long period of time.

ICICI Prudential Blue-chip Fund Growth

ICICI Prudential Blue Chip Fund majorly focuses on investing in the leading 20 companies in the topmost 200 companies listed on the National Stock Exchange. However, after crossing the mark of Rs.1000 crores, ICICI Prudential Blue Chip Fund majorly invests in large-cap fund stocks which guarantees consistency and stability for those individuals who want to gain long-term capital appreciation. The fund has been consistently outperforming in the market and has been rated as one of the best SIP plans for those who want to make a systematic investment in equity.

SBI Blue-chip Fund Regular Growth

This is an open-ended growth scheme which offers an opportunity for the investors to accumulate wealth over a long period of time. In this fund, the investments are majorly made in stocks of Blue Chip Companies. SBI Blue Chip Fund invests 70% of the amount in equity and equity related securities and the rest 30% of the amount is invested in debt instruments, money market instruments, and foreign securities.

Benefits of Investing in SIP Mutual Funds                                  

Let’s take a look at the benefits of investing in SIP mutual funds.

Disciplined Investing Approach

For any successful investment, keeping a disciplined approach towards it plays a vital role. Investing in SIP mutual funds helps the investors to maintain the regularity of investment. Also,  it helps the investors to achieve their financial objectives.

Takes Advantage of Rupee Cost Averaging

With the benefit of rupee-cost averaging the investors can invest pre-determined amount regularly, either monthly or quarterly. So, instead of making a one-time investment as lump-sum the investor can make regular investments at specific intervals of time over a long-term period. With the advantage of rupee cost averaging one does not need to time the market. Since the amount invested in SIP mutual fund is constant, one can purchase more units when the price is low and can lessen units when the price is high. During market fluctuation, the investors can achieve a lower average cost per unit by the method of rupee cost averaging.

Convenient, Simple and Easy to Monitor

SIP mutual funds investment is a hassle-free and convenient mode of investment. One can simply inform the banks to enable the option of auto-debits from the bank account. Moreover, one the investors can monitor and track their fund performance from time to time.

Power of Compounding

The most remunerative way to create corpus is to start making investments as early as possible and invests regularly. A pre-determined amount invested on a regular basis can ultimately multiply double over a long-term period. With the advantage of the power of compounding, the investor can reinvest the interest amount and can stay invested in SIP mutual fund for a long term and can accumulate wealth for a long period of time.

Why invest in SIP Mutual Funds?

Investing in SIP mutual fund is one of the most lucrative ways to achieve short-term and long-term financial goals. One of the main reasons why one should consider investing through SIP is that it inculcates the habit of savings among investors. Moreover, through the process of SIP investment one can also save themselves from the market fluctuation and can achieve their long-term and short-term financial goals of life.

How Do Mutual Funds Work?

SIP mutual funds have a simple process of working. Mutual funds are essentially a type of investment instrument where the money is collected by different investors who share a mutual financial objective.  The pool of money as collected by various investors is managed by the fund managers. The fund managers invest the money into market linked investment instruments such as bonds, shares, company stocks, equity, etc. with an objective to provide capital growth and investment returns to the investors.  The Securities and Exchange Board of India manages and regulated the mutual funds in India. Investing in SIP mutual funds is considered as one of the safest and simplest ways to accumulate wealth over a long-term period.

Smart Investment Pack
100% Capital Guarantee
Average Rating
(Based on 25 Reviews)
100% Capital Guarantee
Smart Investment Pack
Newsletter
Sign up for newsletter
Sign up our newsletter and get email about SIP Plans.

Start SIP in Best Mutual Fund Plans Reviews & Ratings

4.3 / 5 (Based on 25 Reviews)
(Showing Newest 25 reviews)
Raj
Ooty, September 02, 2020
Start with minimum amount
I have recently got the SIP plan from the policybazaar and it is really easy to get the plan from the online market. Not only this you can also start from the minimum amount of Rs. 500. It is very much convenient in nature and I really love my plan. Thank you policybazaar.
Adnan
Kohima, September 02, 2020
Great assistance
I have got the good amount of benefits from the policybazaar. The customer care team of policybazaar is very good and they understood my query very well. Thank you so much team for better assistance.
Suraj
Yamunanagar, September 01, 2020
Long term and beneficial
It is always a preferred thing that to get the SIP plan for the longer period of time. I really like the plan as I wanted it to be invested for at-least 10-12 years so that I can get the optimum profit out of the same. Thank you policybazaar.
Sonu
Bhilaad, September 01, 2020
Investment plan
I have taken the pension plan from the policybazaar and it is one of the best investment plan. It has the long term effect on the person and I can easily invest and can get the better returns in the future. Thank you policybazaar.
Ananya
Islampur, May 25, 2020
Online process
The whole process of buying the policy is on online basis. It was quite easy as I searched on website and explored various plans. I found it good and bought one.
Ashish
Sarsawa, May 24, 2020
Convenience
I am very impressed with the services of policybazaar. They are really quick. Also, it is very convenient to buy the investment plan.
Kushal
East Midnapore, May 23, 2020
Long term gains
It is the process of long term gain and to sustain our future from certain hurdles. As the things have become expensive and we should save money. So, these investments plans helps in saving money.
Divyanshu
Hagaribommanahalli, May 22, 2020
Great support system
I love the services of policybazaar and the employees working there. It’s really nice that they gave me a lot many choices related to the investment plans. Unique way to invest.
Vijay
Mansur, May 21, 2020
Choices are given
While you are planning to take the SIP from policybazaar. You can have a lot many choices to choose out of different investment plans. I got the best one and I like it.
Manish
R.g.pur, May 11, 2020
A call away
I am happy that I bought my SIP plan from policybazaar. As they are just a call away. I was having a problem with my SIP and they resolved in few minutes.
Kishan
Sialhawk, May 10, 2020
Flexibility
I can see that SIP are flexible in nature. We can choose any kind of Mutual fund and also the amount which we have to invest. Quite simple.
Jatin
Vizianagaram, May 10, 2020
Helps in financial way
It helps me in dealing with financial things. As nowadays everything has become too costly. But with the help of SIP I can manage with my finances and can save money every month for a long term investment.
Vijay
Dabhoda, May 09, 2020
Good customer service
The customer service team of policybazaar is very nice. I was in a doubt before buying a SIP plan, but with the help of them I got to know about a best plan which is according to my budget.
Rakesh
Adimali, May 07, 2020
Best Returns
I recently purchased the SIP plan for me and for my wife. I found it totally good and apt for us. It is a long term investments with great number of benefits. Thank you team policybazaar for such nice plan.
Tripti
Agalpur, April 08, 2020
One stop and best plans
I got the SIP plan with the help of policybazaar. It is one stop solution. With great returns and monthly plan I am very satisfied. If so ever I need help from the customer care team they are available to help me.
Madhuban
Zotlang, April 06, 2020
Great Returns
It is a great source of return. I have started doing it from last 2 years and I am feeling relaxed that after a certain age I would be having a good amount of money with better returns.
Mustafir
Agra, April 03, 2020
Good policy
SIP plan is quite trending and useful nowadays. It has reflected a great impact on our society. As people are more concern about future planning and saving the money. Even the SIP plans gives us good returns after a certain period of time.
Varun
Adivada, March 31, 2020
Good customer care
The customer care team is quite helpful and nice. I got full and accurate information from them. They are not so disturbing. They have a good knowledge related to the product.
Vaibhav
Ahmedpur, March 27, 2020
Easy to get plan
It is easy to get the plan. I just visited the website of policybazaar. And I got various plans. Then I called the customer care team and they explained me about each and every plan. I chose the best one.
Subhas
Ahmedpur, March 23, 2020
Good plans
I visited the website of policybazaar and found good number of plans for future savings and investments. SIP is very important for everyone who wants a good satisfaction and more savings in his or her life. I would love to recommend all these plans to my friends and family.
Keshavkant
Jatga, January 20, 2020
Reach Your Goals
After a certain period of time you can reach your goal. I have seen that higher you invest there will be higher risk but you can earn well. But lower the investment low risk and low returns. Well, I have started with a less amount so that I can check and analyse. But gradually after sometime I will get a good amount. Thanks policybazaar.
Jaikant
Pathankot, January 13, 2020
Earn Money on your Investment
It is a good way to invest money and you can earn benefits and profits in your money only. A convenient way to invest and utilise your amount. Initially I found it little bit confusing but after a while everything is being okay. People who are planning in a long term investments can do such things.
Sailja
Satlasana, January 08, 2020
Systematic Investment Plan
It is a good plan. My friend recommended me to get this plan so that I can invest some amount of money into this. Ultimately I will gain benefits after a certain period of time. It is a good plan by policybazaar and I would recommend to everyone.
Zakir
Machantola, December 31, 2019
Systematic way for making money
I have gone through the plans of policybazaar. And found that it is a systematic way to invest and gain money. The whole process is simple and you can check on time to time basis regarding your investments.
Vishal
Ara, December 26, 2019
Good Returns In Long Term
I feel that while investing into this plan I have gained knowledge regarding the same. Also, after a certain good investment I will get the good returns. Though it is long term process but surely will be good for my future. Thank you team policybazaar.
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL