Systematic Investment Plans (SIPS) are increasingly becoming a favourite of investors as they tend to more or less smoothen out the anxiety related to market volatility.
Birla Sun Life Top 100 Fund
In this fund you can invest a small sum of Rs 1000 every month under the SIP. Birla Sun Life has been rated as number one by Crisil and has a 4-star rating from Value Research Online. The fund has generated a one year return of 50 per cent.
BNP Paribas Equity Fund
You can invest through the SIP route in the fund for a minimum of Rs 500. The fund has got a number one rating from Crisil. In the last one year the fund has generated a return of almost 48 per cent.
UTI Equity Fund
You can invest in the UTI Equity Fund through a small sum of Rs 500 by way of SIP. The fund has given a one year return of close to 48 per cent. There is an exit lod of one per cent for early redemption of less than a year.
L&T Equity Fund
The fund has a solid portfolio including names like Infosys, ICICI Bank, HDFC Bank, Larsen and Toubro and Axis Bank. You can invest in the fund with a small sum of Rs 1000 each month. L&T Equity Fund has generated a return of as much as 50 per cent in the last one year.
Kotak Opportunities Fund
A minimum SIP investment of Rs 1000 can be done through the Kotak Opportunities Fund. The fund has a good portfolio of stocks comprising the likes of ICICI Bank, Infosys and State Bank of India. In the last one year the fund has given a return of 49 per cent.
Tata Equity Opportunities Fund
Tata Equity Opportunities Fund has been another consistent performer in the last few years. The fund has generated a one year return of close to 48 per cent. Again the portfolio comprises a list of blue chip stocks. The minimum investment through SIP is slightly higher at Rs 1500 per month.
By investing each month in a systematic way you can build a solid portfolio in many years. The SIP route is not a bad idea and investors should consider the route to help hedge against volatility and build a good portfolio.