6 Best SIP Mutual Funds With Super Returns

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Systematic Investment Plans or SIPs are one of the best ways to build wealth for long term as it allows investors to invest small amounts every month. Individuals can choose to invest through equity mutual funds, debt mutual funds or a balanced mutual fund which invests in both debt and equity depending on risk capacity.

We have given a list of mutual fund schemes that have given good returns in past years which can be considered for SIP. Individuals with high risk and return can consider these option as these funds are expected to provide good returns over a period of time. Investors looking for returns to meet their long-term financial goals can consider these options.

Note that Mutual Fund investments are subject to market risks. Please read the Scheme Information Document carefully before investing.

Here are some of the best SIP plans which has given super returns:

SBI Bluechip Fund

SBI Blue Chip Fund is amongst the few funds that has given returns of almost 24.69 per cent in the last 3 year. While, one year return is at 15.51 per cent.

The Fund was launched in 2006 and has given a return of 11.73 per cent since its launch.

Individuals can start to invest in the fund with a sum of Rs 5000 and then a small sum of Rs 1000. Investors can give 12 post dated cheques for investing in the systematic investment plan.

The portfolio of the fund has the highest weightage for stocks like Maruti, Sun Pharma Reliance and HDFC Bank.

Birla Sun Life Frontline Equity Fund

The fund is ranked number one by Crisil and five star rating by Value Research Online. The Fund was launched in 2002 and has given a return of 22.91 per cent since its launch.

The minimum SIP Investment can be made is Rs 1000. The last three year returns of the fund has been close to 21.88 per cent.

The portfolio of the fund consist of stocks like HDFC Bank, Infosys, Reliance Industries and ICICI Bank.

The portfolio of the fund is strong and hence those looking at long term returns, could go in for this fund. SIP would also help you to reduce the volatility that may otherwise arise, if you invest through the lumpsum mechanism.

 

BNP Paribas Equity Fund

The fund is ranked number two by Crisil and has a three star rating by Value Research Online. FundsIndia has given a four star rating for the fund.

The Fund was launched in 2004 and has given a return of 17.70 per cent since its launch. Individuals can start to invest in the fund with a sum of Rs 5,000 and thereafter a sum of Rs 500 every month.

This is a really affordable SIP, which allows you to invest a very small sum.  Investors can give 6 post dated cheques for investing in the systematic investment plan.

The last three year returns of the fund has been close to 19.63 per cent.

The portfolio of the fund consist of stocks like HDFC Bank, Infosys, Reliance Industries and ICICI Bank. Again, a very strong portfolio and investors should have no complain about the solidness of the portfolio.

 

 

Franklin India Prima Plus Fund

The fund is ranked number two by Crisil and has 4-Star rating by Value Research Online. FundIndia has also given Four star rating on the fund.

The Fund was launched in 1994 and has given a return of 19.35 per cent since its launch. Individuals can start to invest in the fund with a sum of Rs 5,000 and Rs 500.

Investor can give 12 post dated cheques for investing in the systematic investment plan. You can also invest online in the fund for which you can check with the mutual fund house.

The last three year returns of the fund has been close to 26.40 per cent while, one year return is around 10.98 per cent.

Mirae Asset India Opportunities Fund

The fund is ranked number one by Crisil under Small and Mid-cap Equity funds and Star Five rating by Value Research Online. FundIndia has given Four star rating on the fund.

The Fund was launched in 2010 and has given a return of 24.29 per cent since its launch.

Individuals can start to invest in the fund with a sum of Rs 5,000 and a monthly sum of Rs 1000 thereafter. Investors can give 6 post dated cheques for investing in the systematic investment plan.

The last three year returns of the fund has been close to 43.57 per cent.

Redemption rate will be applicable at 2% if redeemed within 182 days and 1% for redemption between 183 - 365 day.

The portfolio of the fund consist of stocks like IndusInd Bank, HPCL, Kotak Mahindra Bank and Ceat.

SBI Magnum Midcap Fund

The fund is ranked number two by Crisil and has Four star rating by Value Research Online. The last three year returns of the fund has been close to 40.67 per cent while one year return is around 21.29 per cent.

The Fund was launched in 2005 and has given a return of 18.65 per cent since its launch. Individuals can start to invest in the fund with a sum of Rs 5000 can start to invest with small sum of Rs 1000.

The portfolio of the SBI Magnum Midcap Fund consist of stocks like Cholamandalam invest, the Ramco Cements and Sriram City Union.

Disclaimer

The article is not a solicitation to buy, sell in securities or other financial instruments. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates and the author do not accept culpability for losses and/or damages arising based on information in this article.

Read more about: mutual funds, sip
Story first published: Thursday, October 13, 2016, 11:06 [IST]
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