BEST SIP IN INDIA
SIP (Systematic Investment Plan) is an investment of a fixed amount of money regularly in a mutual fund scheme. It allows investors to buy some unit of the fund on a specific date every month, which resulting in adding amount (profit!) and giving a handsome return every year.
SIPs also help maintain investors’ discipline to secure savings as much as possible. For getting low chances of loss invest in the BEST SIP IN INDIA with a proper knowledge and researches.
Advantages or Benefits of SIP:
- SIPs can be started with a small amount, which makes it easier for investors to begin their investment journey as it is affordable and by investing small amount also gives a handsome return.
- As investments are made at a regular intervals of time, it results in a reduction in investment losses hence, it is a low-risk process of investment.
- It creates long-term wealth for investors.
- It can also become future financial goals for an investor for retirement, children’s education, buying a house, etc.
Here Are Some Of The Best SIPs in India:
| BEST SIP IN INDIA | FUND SIZE | EXPECTED RETURN |
| HDFC Mid-Cap Opportunities Fund | ₹ 70569.7 Cr | 22.87% p.a. |
| Parag Parikh Flexi Cap Fund – Growth | ₹75956.22 Cr | 21% p.a. |
| ICICI Pru Bluechip Fund | ₹59,364 Cr | 17.17% p.a. |
| HDFC Flexi Cap Fund | ₹59,124 Cr | 17.92% p.a. |
| Nippon India Small Cap Fund | ₹56,469 Cr | 28.27% p.a. |
| HDFC Balanced Advantage Fund | ₹89,903 Cr | 16.31% p.a. |
| ICICI Prudential Equity & Debt Fund | ₹37,037 Cr | 18.38% p.a. |
| ICICI Prudential Corporate Bond Fund | ₹26,685 Cr | 8.2% p.a. |
| ICICI Prudential Short Term Fund | ₹18,228 Cr | 8.54% p.a. |
| Mirae Asset Large Cap Fund Direct-Growth | ₹39,951 Cr | 17.59% p.a. |
| Axis Bluechip Fund Direct Plan-Growth | ₹34,520 Cr | 15.9% p.a. |
| SBI Small Cap Fund | ₹30,836 Cr | 27.3% p.a. |
| HDFC Mid-Cap Opportunities Direct Plan-Growth | ₹70,570 Cr | 22.87% p.a. |
| ICICI Prudential Equity & Debt Fund Direct-Growth | ₹37,037 Cr | 18.68% p.a. |
| Quant Large and Mid Cap Fund | ₹ 3290.34 Cr | 21.67% p.a. |
FAQS AND CONCLUSION
•What is the minimum amount required to start a SIP?
The minimum amount is Rs. 500 for Systematic Investment Plans (SIP). Some mutual funds may have a higher minimum investment amount.
•Is there is any chances for loss in SIP?
Yes, there are chances for loss in SIP if market is in unfavourable manner for getting low chances of loss invest in the BEST SIP IN INDIA with a proper knowledge and researches.
CONCLUSION
SIP is a smart, disciplined way of investing but it have some risk too, invest at your own risk with having proper researches and knowledge. Hence, it is the perfect platform to invest a particular amount of savings. For getting low chances of loss invest in the BEST SIP IN INDIA with a proper knowledge and researches.
