Whoever said wishes don’t come true hasn’t explored our offers!
  • Best SIP Mutual Funds

  • An SIP (Systematic Investment Plan) is a smart, hassle-free method of investing a fixed sum in a mutual fund scheme. It permits one to purchase units on a particular date every month in order to implement a saving plan. One can invest a particular prearranged amount at regular intervals that are chosen beforehand (quarterly, monthly, weekly, etc.). One of the biggest advantages of this plan is that it inculcates the habit of saving in the user so that they can start to build a respectable fund for the future.

    The saying ‘the early bird catches the worm’ holds true for an SIP, as you can benefit greatly from starting early. An important aspect of an SIP is the fact that maintaining it is hassle-free; your money will be auto-debited from your bank account each month and will also be invested into a mutual fund scheme of your choice. When you go for an SIP for your investing needs, there is no need to time the market. There is also a disciplined approach to investments. What’s more, you can take advantage of two powerful investment strategies: Power of Compounding and Rupee Cost Averaging.

    Best Performing SIP Mutual Funds

    Based on the above criteria, we have made a list of the best performing mutual funds that can be invested through an SIP in different categories of large-cap, small-cap, multi-cap, and equity-linked saving schemes.

    Large-Cap Schemes

    Schemes that invest in firms with a market capitalisation of over Rs.20,000 crore are known as large-cap schemes. They are ideal for investors who wish to accumulate wealth without exposing their investments to a volatile market. Below are the top performing large-cap schemes:

    Scheme Name 5-Year Monthly SIP 10-Year Monthly SIP
    Present Value of Rs.6 lakh Invested XIRR Present Value of Rs.12 lakh Invested XIRR
    Aditya Birla SL India GenNext Fund (G) Rs.10,48,446 22.95% Rs.35,27,792 20.63%
    Aditya Birla SL Top 100 Fund (G) Rs.9,43,785 18.53% Rs.28,56,912 16.69%
    ICICI Pru Dynamic Plan (G) Rs.9,46,152 18.64% Rs.28,57,413 16.69%
    ICICI Pru Top 100 Fund (G) Rs.9,41,591 18.43% Rs.27,57,958 16.02%
    Quantum LT Equity Fund (G) – Direct Plan Rs.9,15,695 17.27% Rs.28,82,955 16.86%
    Reliance Growth Fund (G) Rs.10,75,057 24.01% Rs.30,73,348 18.05%
    SBI BlueChip Fund – Reg (G) Rs.9,55,955 19.07% Rs.28,57,343 16.86%
    Tata Equity P/E Fund (G) Rs.11,49578 26.86% Rs.34,73,254 20.34%
    Templeton India Growth Fund (D) Rs.10,16,220 21.63% Rs.28,65,778 16.74%

    Mid-Cap Schemes

    Mid-cap schemes invest in companies that have a market capitalisation ranging between Rs.500 crore to Rs.10,000 crore. Investors with high risk appetite and wanting to grow their investments at a fast pace should invest in these kinds of schemes. Below are the best performing funds in this segment:

    Scheme Name 5-Year Monthly SIP 10-Year Monthly SIP
    Present Value of Rs.6 lakh Invested XIRR Present Value of Rs.12 lakh Invested XIRR
    Aditya Birla SL Small & Midcap Fund (G) Rs.13,23,508 32.92% Rs.42,18,830 23.96%
    Canara Rob Emerg Equities Fund – Reg (G) Rs.13,14,645 32.63% Rs.48,38,179 26.51%
    Edelweiss Mid and Small Cap Fund – Reg (G) Rs.12,64,097 30.93% Rs.42,94,253 24.29%
    Franklin India Smaller Cos Fund (G) Rs.12,77,332 31.38% Rs.47,29,377 26.09%
    L&T Midcap Fund – Reg (G) Rs.13,37,343 33.37% Rs.43,89,015 24.70%
    Sundaram Select Midcap (G) Rs.12,11,517 29.10% Rs.41,04,930 23.45%

    Multi-Cap Schemes

    This type of scheme invests in stocks of large, mid, and small companies and are ideal for investors with low risk appetite. Below are the top performing schemes in this category:

    Scheme Name 5-Year Monthly SIP 10-Year Monthly SIP
    Present Value of Rs.6 lakh Invested XIRR Present Value of Rs.12 lakh Invested XIRR
    Aditya Birla SL Advantage Fund (D) Rs.10,86,635 24.46% Rs.31,54,786 18.54%
    Aditya Birla SL Equities Fund (G) Rs.10,62,428 23.51% Rs.31,32,942 18.41%
    DSPBR Opportunities Fund – Reg (G) Rs.10,59,532 23.39% Rs.31,22,204 18.35%
    Franklin India High Growth Cos Fund (G) Rs.10,62,666 23.52% Rs.35,15,164 20.56%
    HDFC Capital Builder Fund (G) Rs.10,47,417 22.91% Rs.32,39287 19.03%
    IDFC Premier Equity Fund – Reg (G) Rs.10,04,444 21.12% Rs.34,70,007 20.32%
    Kotak Opportunities Fund (G) Rs.10,01,061 21.00% Rs.28,94,647 16.93%
    L&T India Spl. Situations Fund – Reg (G) Rs.10,29,111 22.16% Rs.31,77,810 18.68%
    Principal Growth Fund (G) Rs.11,13,167 25.49% Rs.31,94,146 18.77%
    Reliance Reg Savings Fund – Equity Option (G) Rs.10,44,421 22.78% Rs.30,31,976 17.80%
    Reliance Top 200 Fund (G) Rs.9,86,966 20.40% Rs.28,70,308 16.77%
    SBI Emerging Business Fund – Reg (G) Rs.10,47,848 22.92% Rs.37,02,130 21.53%
    SBI Magnum Multicap Fund – Reg (G) Rs.1060,999 23.45% Rs.29,99,412 17.60%
    SBI Magnum Multiplier Fund – Reg (D) Rs.10,31,727 22.27% Rs.30,93,165 18.17%
    Sundaram Rural India Fund (G) Rs.11,39,195 26.47% Rs.32,79,043 19.26%

    Equity-Linked Savings Schemes

    Equity-Linked Savings Schemes is an equity-centric mutual fund that can help the investor save tax as well as build wealth. The top performing funds in this category are given below:

    Scheme Name 5-Year SIP 10-Year SIP
    Present Value of Rs.6 lakh Invested XIRR Present Value of Rs.12 lakh Invested XIRR
    Aditya Birla SL Tax Plan (D) Rs.10,60,921 23.45% Rs.31,52,856 18.53%
    Aditya Birla SL Tax Relief ’96 (ELSS U/S 80C of IT Act) (D) Rs.10,78,500 24.14% Rs.31,92,955 18.77%
    DSPBR Tax Saver Fund – Reg (G) Rs.10,47,913 22.93% Rs.32,18,953 18.92%
    Invesco India Tax Plan (G) Rs.10,10,072 21.38% Rs.32,03,378 18.83%
    L&T Tax Advt Fund – Reg (G) Rs.10,56,510 23.27% Rs.31,65,438 18.60%
    Reliance Tax Saver (ELSS) Fund (G) Rs.11,18,452 25.69% Rs.36,32,707 21.17%
    Tata India Tax Savings Fund – Reg (DP) Rs.10,82,096 24.28% Rs.32,57,362 19.14%

    Why should you invest in an SIP?

    Did You Know?

    "As of August 2017, ICICI Prudential Mutual Fund is the fund with the most amount of money under management with an AUM of Rs.227,989 crore."
    View More

    One of the prime reasons why you should invest in an SIP is because it brings a sense of discipline in your investments and cultivates regular saving habits. Saving small and regularly is the philosophy that an SIP revolves around. It enables the investor to build wealth over a long-term. Besides this, an SIP offers many other benefits. We’ve listed the most important ones, below:

    • Rupee Cost Averaging - SIPs can aid in averaging the cost return ratio. The equity market being volatile in nature will enable the investor to purchase more units when the price of shares are low and lesser units when the shares are priced higher. SIPs give regular investors the chance to garner more shares at low prices than investors who invest a large sum of money at once.
    • Power of Compounding - According to the principle of compound interest, any small amount of money when invested for a longer period of time can get compounded and fetch you good returns. As a result, the investor will be able to accumulate a large corpus and achieve long-term financial goals by investing small but at regular intervals.
    • Is not heavy on the wallet - Investment made through an SIP can be as low as Rs.500. Such a low amount will not burden your budget and over a period of time, this amount will grow to fetch you substantial returns.
    • Automated Payments - Even if you are someone who is regular when it comes to making investments, you may sometimes miss out on making the payments. An SIP eliminates this by automating the payments which means that every month, a predetermined amount will automatically be deducted from your bank account. So, there is no way that you would miss out on making the payments.
    • Funds can be used for emergencies - An SIP offers a one-click withdrawal option where you can withdraw the amount anytime you want. This fund can be used to meet any contingencies such as job loss, accidents, illnesses, etc.
    • Eliminates the need for timing the market - Since SIPs are regular investments, you do not have to worry about if the market is performing good or bad. Over time, even if there have been highs and lows, the performance of the fund will even out. This will ensure that irrespective of the market volatility, you will be able to enjoy good returns.

    How to achieve more with SIP?

    To derive maximum benefits from an SIP, ensure that you do the following:

    • Make a list of your goals and calculate the amount of saving you need to do to achieve your goals.
    • Determine how much amount you wish to invest monthly/quarterly through SIP in order to fulfill your goals.
    • Research the mutual fund market and check which funds have performed well over the past years. Once you have done that, you will be able to figure out which plan to invest in through an SIP.
    • All mutual fund investments require investors to complete the KYC documentation process along with other formalities like submission of cheques and forms. Complete the process and start investing.
    • To reap good returns on your investments, choose a plan on a long-term basis.
    • You can invest in multiple SIPs to diversify your investments and optimise the returns.

    How to choose the best mutual fund to SIP?

    With more than 5,500 mutual fund schemes available in India, choosing the right one to invest through an SIP is no easy task. The equity category alone has around 300 schemes and there are other categories such as debt and gold. Though finding the right mutual fund is not easy, below are some pointers that can help you navigate through the various options and choose the ideal one.

    • Objective of investment - All investments have an objective. It could be for buying a house, saving up for a marriage, going for a vacation, children’s education, etc. Depending on the goal, the investment can be for short-term or long-term. If you are saving for your children’s education or for your retirement, it will be a long-term goal but if you are saving up for buying a car, for example, it will be a short-term goal. If you’re looking at achieving your long-term goal, investing in equity funds can be a good option. For achieving short-term goals, you can invest in debt funds and money market funds. Before investing, ensure that you assess your objectives and align it with your risk appetite.
    • Knowledge about the fund house - The fund house is responsible for managing your money and you expect them to take care of your investments. While choosing a fund house, see to it that you have thorough knowledge about them because they are the ones who will take investment decisions on your behalf. Research about the fund house before investing through them by asking relevant questions like how many schemes they offer, what is the approach they follow while investing, does it offer innovative products, etc.
    • Performance of the fund - Fetching good returns is the ultimate objective of any investor. Therefore, before investing it is imperative that you research about the returns the fund has given over different periods and make a comparison of it with the benchmark index. You can find the information about how a fund has performed by doing a web search.
    • Expense ratios and loads - Though these costs are relatively small, they can make a huge difference in the returns when considered for a long term. Look for funds that are without or lower load prices and with low expense ratios. The information about load and expense ratios can be found in the scheme documents or fund fact sheets.
    • Experience of the fund manager - Apart from knowing about the fund house, it is also important that you do some research about the fund manager. Analyse how funds managed by him/her have performed especially when the markets encountered hard times. A good fund manager will manage your investments efficiently to help you achieve greater returns and hence, it is vital that the fund manager has expertise in a wide variety of investment categories.

    Trending Mutual Funds Articles 2018

    • Why you need to create a demat account if you don’t already have one

      A demat account has made life so much easier, especially when it comes to online trading. Gone are the days when you had to preserve physical statements and certificates when purchasing and selling stocks and shares. Now, all you have to is open a demat account and trading become as easy as ever. Here, you will learn about why a demat account is important to have if you wish to make investments with ease. Read More...

    • SIPs – A systematic way to invest in mutual funds

      If you want to make investments in mutual funds but don’t have enough money to do so at one go, you can always consider systematic investment plans (SIPs). These plans allow you to systematically invest a small sum of money on a regular basis (usually monthly). However, to invest in the right funds, it is essential to know which funds are performing well and identify those that aren’t. This page will give you an insight into the best SIPs – be it investment in large cap funds, midcap funds, or multi cap funds. Read More...

    • Why you should invest in the best-performing mutual funds

      nvestment in mutual funds comes with an element of risk. If you don’t know where you’re putting your money, your money may not be able to find its way back to you. It is essential to understand the performance of funds to make the right investment decisions.

      Whether you’re looking for equity funds, debt funds, liquid funds, tax-saving funds, or any other kind, this page will help you identify the top performers in each segment and thereby make informed investment decision. Read More...

    GST rate of 18% applicable for all financial services effective July 1, 2017.

    News About Best SIP Mutual Funds

    • India Post Payments Bank Launched to Make Banking Available for All

      Around 2 weeks ago, the India Post Payments Bank (IPPB) was introduced to help the rural parts of India gain access to banking facilities easily. As per the data from a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (NABARD) which was released in August 2018, approximately 190 million individuals or 40 million families are still living in this country without any access to any banking facility. Even though it will be difficult to bring them into the institutional framework of the formal economy, realising the potential is likely to change the outlook of rural India. This is because as soon as these individuals and households enter the formal economy, their credit history will be generated which will be helpful for agencies that mine such data before approving working capital loan requests. Due to the lack of any institutional support, most of the rural India has been forced to depend on extorting money lenders. By doing this, these areas has lagged behind in terms of growth for a long time. The changing needs of the agriculture sector of India such as mechanisation and adoption of value-added measures has increased the credit demand of the segment. This, in turn, has resulted the farmers to opt for such informal resources for financing, resulting in a disproportionate increase in the risk of sliding into a debt trap. Additionally, for the most parts, the existing financing companies have dealt with the credit needs of customers from the rural parts of India without understanding their unique characteristics that is mostly the result of an inbuilt volatility and the seasonality of farming. Hence, the India Post initiative to establish a payments bank is being termed extremely significant. Under this plan, employing postmen will enjoy a trust advantage of individuals from the rural areas of the country since they would have had already developed a personal familiarity with them. Providing doorstep services will not only help accelerate the disintermediation in the delivery of public services, but will also ensure that the special relationship between the postman and the respective IPPB is reinforced.

      18 September 2018

    • Inflows into equity mutual funds see a decline over the last 2 months

      The weakening markets are causing the net inflows into the mutual fund segment, particularly the equity portion to decline as opposed to the highs that were recorded in the earlier months. However, with the inflows of around $1 billion, the numbers of equity and equity-linked saving schemes (ELSS) still look healthy. As per the data from the Association of Mutual Funds in India (AMFI), there was a drop of 13% Year-on-Year (YoY) in the month of August. Over the last 2 months, equity mutual funds had their net inflows decline to a 5-month low owing to the uncertainty in the markets.

      At the same time, retail investors were also seen withdrawing or redeeming from equity mutual funds, including ELSS in huge numbers. The redemptions surged 29.5% YoY in August with a surge of 66.1% month-on-month. In spite of the volatility in the market, Sensex and Nifty gained 2.8% and 2.9% respectively in the month of August. The net sales of equity schemes have also declined to Rs.5,900 crore during the period.

      17 September 2018

    • 2 schemes of Tata Mutual Fund see a revision in fund manager

      Private equity firm Tata Mutual Fund has made a revision in the fund management responsibilities of 2 of its schemes - Tata Offshore India Shariah Scheme and Tata Ethical Fund. Mr. Pradeep Gokhale, who was previously managing these 2 schemes will be replaced by Mr. Rupesh Patel. Mr. Patel will take the responsibility of managing the above-mentioned schemes from 7 September 2018. Both the Tata Ethical Fund and the Tata Offshore India Shariah Scheme makes investments in a diversified portfolio of equities based on the Shariah principle. Investors who prefer to invest in firms which are from Shariah-compliant universe of stocks can invest in these 2 schemes. All other features of the scheme will remain unchanged.

      14 September 2018

    • Concerns Regarding Volume Growth Decrease, Relief for Cement Makers

      The Supreme Court in Maharashtra and Uttarakhand lifted a stay which made cement makers heave a sigh of relief. Experts on the matter say that Madhya Pradesh – a state that was affected to a great extent by the bank of construction activities, could find relief with the submission of the compliance report by the state governments. These reports are related to adherence to rules regarding solid waste management. Maharashtra, on the other hand, has been a key state for infrastructure spend and real estate.

      11 September 2018

    • India outperforms in global equity sweepstakes

      As per a report from Credit Suisse, stock markets in India have expanded their P/E multiples this year and outperformed in the global equity ruffle. During the first 8 months of the current year, there was an increase of 12% in the Indian markets and around 40% of the profits came from the P/E expansion. Economies such as Indonesia, Brazil, US, and Japan on the other hand experienced a P/E expansion raging between 5% and 25%. According to a data by Bloomberg, the current trading of the MSCI India Index is 18.91 which was an expansion of 66 basis points.

      The P/E Index of India usually expands in an environment of risk-on but this year, it has expanded at a time when the risk appetite globally is at low levels. Over the last 2 months, the global risk appetite has been showing signs of panic. The significant P/E rerating of stocks of consumer staples and IT is the reason behind the expansion of the Indian equities.

      4 September 2018

    • Mirae Asset Mutual Fund seeks approval from SEBI for new ETF launch

      The Securities and Exchange Board of India (SEBI) has received a draft offer document filed by Mirae Asset Mutual Fund for the launch of a new Exchange Traded Fund (ETF). The scheme will be known as Mirae Asset Nifty 50 ETF and it will mimic the performance of the Nifty 50 Index. The Mirae Asset Nifty 50 ETF will allocate at least 95% of its investments in securities that constitute the Nifty 50 Index. The rest of the corpus will be invested in liquid funds of domestic mutual funds, debt, and other money market securities. The minimum investment amount for subscription to units of the Mirae Asset Nifty 50 ETF is Rs.5,000 and in multiples of Re.1 thereafter. The fund will be managed by Ms. Bharti Sawant.

      29 August 2018

    • SEBI asks mutual fund houses to lower expense ratios for their schemes

      The Securities and Exchange Board of India (SEBI) has directed asset management companies to rationalise the Total Expense Ratio (TER) to encourage competition in the mutual fund industry. The chairman of SEBI, Mr. Ajay Tyagi in a recent summit has highlighted the fact that the 7 leading fund houses seize approximately 60% to 70% of the market share and 60% of the net profit of the industry before tax. He also stressed on the rationalisation of the TER of mutual fund schemes.

      TER is the fees that a fund house charges to the investors for handling their investments and is charged as a percentage of the corpus. The concept of TER began in the late 90s when the AUM (Assets Under Management) of the industry was Rs.50,000 crore which at the moment is Rs.23 lakh crore. The industry’s AUM currently accounts for a mere 11% of the GDP of India which is an indication of a huge scope of growth.

      24 August 2018

    • 22 Mutual Funds participated in Rs.1,500 crore fundraise of Reliance Jio through NCDs

      Recently, 22 mutual funds participated in Rs.1,500 crore fundraise campaign of Reliance Jio Infocomm Ltd. via private placement of non-convertible debentures (NCDs). It is likely that the amount of Rs.1,500 crore raised during the campaign will be used by Reliance Jio to expand its operations in the GigaFiber section. The coupon rate of the NCDs is 8.70% p.a. and probably it can be redeemed in the month of July 2021. As a matter of fact, Reliance Industries Ltd (RIL), the parent of Reliance Jio, is permitted by the shareholders to raise up to Rs.20,000 crore through NCDs. Earlier, in the month of June this year, Jio has raised Rs.2,000 crore from SBI Security Service via NCDs.

      23 August 2018

    • BSE StAR MF records highest SIP registrations in a single day

      Systematic Investment Plan (SIP) registrations for BSE StAR MF was recorded at 6,000 in a single day by Arihant Capital on 20 August 2018. Distributors of BSE StAR MF have of late been creating records for highest registrations in a single day, frequently. It all began when one of the distributors of BSE StAR MF registered 301 SIPs in one day and other distributors followed. Multiple records were created by different distributors but the highest record till date was clocked by Arihant Capital who registered around 6,000 SIPs on 20 August 2018.

      The MD and CEO of BSE StAR MF Mr. Ashishkumar Chauhan have revealed in a statement that the company contributes more than 37% of new SIPs to the mutual funds industry and in the process, also saves the industry approximately Rs.300 per transaction. BSE StAR MF currently adds over 2,500 distributors each month and has a distribution network of 2 lakh across 3,000 towns in India.

      22 August 2018

    • Mutual Funds collection through SIP reaches Rs.7,554 crore in July

      Mutual fund investments by retail investors through the SIP (Systematic Investment Plan) route experienced a surge of around 53% in July 2018. The industry saw a collection of Rs.7,554 crore during the mentioned period. According to the data released by the Association of Mutual Funds in India (AMFI), investments through the SIP route recorded collections of Rs.67,000 crore in 2017-18 and in the previous fiscal, the collections were recorded at Rs.43,900 crore.

      Retail investors prefer taking the SIP way to invest in mutual funds as the market timing risk is reduced and investors can invest in small amounts. Last year, the collections through SIPs were recorded at Rs.4,947 crore in July while in the same month in 2016, the collections stood at Rs.3,334 crore. The total inflows through the SIP route so far stand at Rs.29,102 crore. The mutual fund industry has 2.33 crore SIP accounts at the moment with an addition of 9.92 lakh SIP accounts on an average each month.

      21 August 2018

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.