Looking To Invest Small Sum Of Rs 500 Every Month In Mutual Funds? Try These SIPs

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You have heard so much of Systematic Investment Plans (SIPs) where you can invest small sums every month to fetch decent returns.

Looking To Invest Small Sum Of Rs 500 Every Month? Try These SIPs
There are not many SIPs that offer you a minimum of Rs 1000 or even Rs 500. We have selected some good funds where investors could invest a small sum of Rs 500.

BNP Paribas Equity Fund

This fund has given a return of 35 per cent in the last one year. The year to date return is close to 8 per cent.

One can begin with an investment of Rs 5000 initially and then with an SIP of just Rs 500. This would help you to average your returns in case the markets rise or fall.

The fund has a very good portfolio including stocks like Bharti Airtel, Infosys and HDFC Bank. The portfolio looks strong though it is slightly skewed in favour of telecom at the moment.

SBI Blue Chip Fund

SBI Blue Chip Fund is another fund where you need small amount as low as Rs 500 for investment each month.

The fund has generated a return of 33 per cent in the last one year. The fund has a portfolio that includes the likes of HDFC Bank, Sun Pharma, Maruti Suzuki, Mothesron Sumi and Larsen and Toubro. The portfolio of the fund is rather strong. 

A good opportunity to buy into the SIP each month with a small sum of Rs 500.

Franklin India Flexi Cap Fund

Franklin India Flexi Cap fund is yet another SIP that has performed well in the last one year, thanks to the surge in stock prices.

The one year returns is close to 36 per cent. The amount of investment in the fund can be as low as Rs 500 through the SIP route.

The fund has a portfolio that comprises stocks like HDFC Bank, Yes Bank and ICICI Bank. One can consider the fund as a good SIP since it has a very strong portfolio. There is an exit load of 1% for redemption before one year.

GoodReturns.in

Read more about: sip
Story first published: Saturday, May 30, 2015, 10:08 [IST]
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