4 Best SIPs To Consider in 2022, In Terms Of Last 3 Years Returns

A systematic investment plan or SIP is probably the most popular investment instrument among young Indians, because of its easy investment methods with a very low amount to invest. People are having a better risk appetite now, and a large section of the population is now starting their investments with SIPs, with financial planning for the future in a disciplined manner.

Here are some of the top-performing SIP mutual funds for investors, that one can consider in 2022, in terms of the last 3 years' returns.

1. ICICI Prudential Technology Fund

The ICICI Prudential Technology Fund has given 42.1% returns in the last 3 years. Net assets for the fund are Rs. 6,887 crore, and NAV is Rs. 163. The minimum investment for this SIP is Rs. 100. The expense ratio of this fund is 1.84%. Research firm Crisil has given a 3 star for this fund.

The top 5 holdings of this fund are, Infosys Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., HCL Technologies Limited, and Persistent Systems Ltd.

It's important to remember that IT stocks have rallied the most, which is why in terms of returns IT funds are the ones that have generated the best returns. 

It's also highly possible that some of these could underperform in the coming days. 

2. TATA Digital India Fund

The TATA Digital India Fund has given 39.4% returns in the last 3 years. Net assets for the fund are Rs. 3842 crore, and NAV is Rs. 38.2.

The expense ratio of this fund is 2.02%. The minimum investment for this SIP is Rs. 500. In this SIP, 80% of its net assets is invested in equity/equity-related instruments of the companies in the Information Technology Sector.

The top 5 holdings of this fund are, Infosys Ltd., Tata Consultancy Services Ltd., HCL Technologies Limited, Tech Mahindra Ltd., Bharti Airtel Ltd.

3. Aditya Birla Sun Life Digital India Fund

The Aditya Birla Sun Life Digital India Fund has given 40.5% returns in the last 3 years. Net assets for the fund is Rs. 2658 crore, and NAV is Rs. 140. The minimum investment for this SIP is Rs. 1000. The expense ratio of this fund is 2.19%.

The top 5 holdings of this fund are, Infosys Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., HCL Technologies Limited, and Bharti Airtel Ltd.

This SIP has a target allocation of 100% equity, with a specific focusing on technology, hardware, software, telecom, media, internet, and e-commerce sectors. Research firm Crisil has given a 4 star for this fund.

4. SBI Technology Opportunities Fund

The SBI Technology Opportunities Fund has given 36.6% returns in the last 3 years. Net assets for the fund are Rs. 1891 crore, and NAV is Rs. 156. The minimum investment for this SIP is Rs. 500. The expense ratio of this fund is 2.27%.

The top 5 holdings of this fund are, Infosys Ltd., HCL Technologies, Alphabet Inc. - Foreign equity, Tech Mahindra Ltd., and Bharti Airtel Ltd.

(Returns have been mentioned are on a CAGR basis, as on 3 Dec 21)

(Also read: What is SIP And Should You Start Investing Now?)

(Also read: HDFC Securities Recommends To Buy This Banking Stock For +21% Return, In 1 Year)