Top SIP Investment Plans in India
SIP Plans Type 3 Year
Birla SL Balanced '95 Fund Balanced Fund 9.42%
ICICI Prudential Balanced Advantage Fund Balanced Fund 9.16%
SBI Magnum Balanced Fund Balanced Fund 9.10%
HDFC Prudence Fund(G) Balanced Fund 9.02%

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Correspondingly, which SIP is best for long term?

Best mutual fund SIP portfolios to invest in 2019

Scheme name Percentage (%)
Motilal Oswal Multicap 35 Fund - G 30
Axis Bluechip Fund- G 20
ICICI Prudential Equity and Debt Fund - G 15
Mirae Asset Emerging Bluechip Fund- Regular Plan -G 35

Furthermore, which SIP is best for 10 years? Large-Cap Schemes

Scheme Name 5-Year Monthly SIP 10-Year Monthly SIP
ICICI Pru Top 100 Fund (G) Rs.9,41,591 18.43%
Quantum LT Equity Fund (G) – Direct Plan Rs.9,15,695 17.27%
Reliance Growth Fund (G) Rs.10,75,057 24.01%
SBI BlueChip Fund – Reg (G) Rs.9,55,955 19.07%

Also know, which SIP is best for 20 years?

List of Best SIP Plan for 20 Years

  • Invesco India Multicap Fund – Growth.
  • Reliance Multi Cap Fund – Growth.
  • IDFC Multi Cap Fund Growth.
  • BNP Paribas Multi Cap Fund Growth.

Which is the best SIP to invest in 2019?

Best SIP Plans Year 2019-20

Fund Name 1 Year Returns 5 Year Returns
Franklin India Equity Fund 3.95% 8.29%
ICICI Prudential Value Discovery Fund 2.24% 6.93%
Axis Long Term Equity Fund 16.67% 12.47%
Nippon India Tax Saver (ELSS) Fund 2.29% 4.47%
Related Question Answers

Is SIP safe?

SIP is generally marketed as a safe and sure route for investments in equities to create wealth over the long term. SIP is certainly safe for mutual funds and distributors because they get committed continuous money for the long term on which they can earn a fixed percentage of fees and commissions.

Is SIP better than RD?

Recurring Deposit is liquid but premature withdrawal or closure will attract penalty charges. In terms of liquidity, a SIP is better when compared to RD. SIP can be closed and the money can be withdrawn without any penal charges. Recurring Deposit amount or the interest earned on it are not exempted from tax.

What is the minimum interest rate in SIP?

SIP returns for various mutual funds may vary. On an average, for large cap equities, a return of 12-18% can be expected whereas from mid-cap equities, a return of 14-17% is expected. However, in case of a long-term debt-based mutual fund, one can expect a return of 6 – 9 % p.a.

Which bank is best for SIP?

Top SIP Investment Plans in India
SIP Plans Type 3 Year
HDFC Mid Cap Opportunities Fund Equity Fund 14.84%
Birla SL Equity Fund Equity Fund 13.70%
ICICI Prudential Equity & Debt Fund Equity Fund 11.11%
HDFC Balanced Balanced Fund 10.65%

Which SIP is best for 1 year?

Best SIP Plans for 1 Year Investment in FY 20 - 21
  • ICICI Prudential Ultra Short Term Fund. (Erstwhile ICICI Prudential Regular Income Fund)
  • Aditya Birla Sun Life Savings Fund. The primary objective of the schemes is to generate regular income through investments in debt and money market instruments.
  • Kotak Savings Fund.

What happens if I miss SIP installment?

Your SIP will not go inactive if you miss out on an installment or two, nor will you have to pay it in the following month. If there are not enough funds in your bank account to honor the payment and you forgot about maintaining the balance on the date, you will not even be penalized by the fund house.

How do I start a sip?

How To Start SIP Investment
  1. Step 1: Complete your Know Your Customer (KYC) formalities. To invest in mutual funds—whether through an SIP or otherwise—you will first need to become KYC-compliant.
  2. Step 2: Register for an SIP. Your focus now should be on registering for an SIP in a mutual fund scheme of your choice.
  3. Step 3: Select the right SIP.

Should I invest sip?

Yes. It is very good to invest through Monthly SIP route in Mutual Funds. (However, please note that Investment is NEVER DONE IN SIP, BUT Investment is always done in Mutual Funds using SIP. SIP is 'ONLY A METHOD of INVESTING in Mutual Funds'.

What is the minimum rate of return in SIP?

The minimum rate of return can be as low as 3% for mutual fund portfolio that is showing average performance.

How much can I earn from SIP?

Considering you invest 1000 rupees for 3 yrs through SIP(Systematic Investment Plan). You will be investing 36,000 rupees and based on the risk factor you choose you can earn returns ranging from 41,000 - 45,000 from various mutual funds.

Which SIP is best for 5 years?

Best SIP Plans for 5 Year Investment in FY 19 - 20
  • HDFC Balanced Advantage Fund. (Erstwhile HDFC Growth Fund and HDFC Prudence Fund)
  • SBI Banking & Financial Services Fund.
  • Franklin India Feeder - Franklin U S Opportunities Fund.
  • Axis Bluechip Fund.

Which mutual fund gives highest return?

5 mutual funds that gave highest SIP returns
  • Axis Bluechip Fund. 5-year SIP returns: 15.57% Fund manager: Shreyas Devalkar.
  • AXIS Focused 25 Fund. 5-year SIP returns: 15.25% Fund manager: Jinesh Gopani.
  • IIFL Focused Equity Fund. 5-year SIP returns: 14.71%
  • SBI Focused Equity Fund. 5-year SIP returns: 13.69%
  • Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%

How is SIP return calculated?

Multiply the decimal number by 100. The result would show the return you have earned on your SIP investments on the date of your choice. In this example, the return works out to be 31.96 per cent.

Can you lose all your money in a mutual fund?

There is no guarantee you will not lose money in mutual funds. In fact, in certain extreme circumstances you could end up losing all your investments. That's why it is advisable to understand how mutual funds work. Mutual funds are managed by fund managers who invest in a wide variety of stocks, bonds and commodities.

What is Axis Bank sip?

Systematic Investment Plan (SIP) allows you to make small investment at regular intervals to help you achieve your dreams. Axis Bank offers its customers a choice to start a SIP in mutual fund schemes of 13 Asset Management companies (AMCs).

What is number of installments in SIP?

5. After that, you can select the number of installments for this SIP – this refers to the number of months the SIP is scheduled to run. Typically investors choose anywhere between 12 months (1 year) to 120 months (10 years). You will also be asked to specify the bank account to use for the debits.

How do I choose a good sip?

Ensure that the mutual funds you select meet the following criteria:
  1. The total Corpus, or the asset size, of the mutual fund is large.
  2. The mutual fund has been in duration for at least 5 years (the longer, the better).
  3. Always choose a reputed fund house.
  4. SIP should be in conjunction with your bank.

Which is best date for SIP?

So as others said last Thursday of a month can be the best date for SIP. However you can't have the last Thursday to fall on a fixed date every month. It is always better to have the SIP on the first week of every month because you would have got your salary and will have enough cash in the account.

What is return percentage in SIP?

Following are the prospective return rates for a monthly SIP investment of Rs. 1000 for a tenure of 10 years. Assuming annual inflation rate of 6%. This means the compounded annual growth rate (CAGR) or rate of return comes out to be around 12% to 13%.