4 SIPs Rated No 1 Or 5-star By Noted Agencies For Investment In 2023

Here are a list of mutual fund schemes that are suitable for Systematic Investment Plans (SIPs) which are well rated by leading agencies. Take a look.

Canara Robeco Small Cap Fund

In the small cap category, we have the Canara Bank Robeco Fund, which has been rated No 1 by Crisil in its category. The fund has given a 1-year returns of 8.33% and the annualized returns from the fund for 3-years has been 37.48%, which is excellent. The major holdings of the Canara Robeco Small Cap Fund include names like City Union, Cera Sanitaryware, KEI Industries, Can Fin Homes etc. The fund has almost 55% investment in small caps, while overall 95% of the investments in equities. This investment is suitable for those willing to take a high risk.

Axis Midcap Fund, Direct, Growth

This fund has been rated 5-star by Morningstar. As the name suggests the fund has investments largely skewed towards the midcap stocks. Again, a little risky when compared to largecap mutual fund schemes. The fund has also been rated as 5-star by Value Research. SIPs can be started in the fund with small amounts of Rs 500. The fund has holdings in stocks like ICICI Bank, Cholamandalam, Trent, Indian Hotels etc. The 3-year returns from the fund has been 18.94% on an annualized basis, which is pretty decent. Generally speaking returns could be better over a long-period of times and risks better managed by investing in SIPs.

HDFC Flexi Cap Fund

The fund has been rated as 5-star by Crisil in its category. Flexi Cap Funds tend to invest across companies with different market capitalizations, though in practical terms, the exposure is largely to the largecap stocks. One can start SIPs in the HDFC Flexi Cap Fund with small investments of Rs 100 every month. The 3-year returns from the fund has been 19% on an annualized basis, while the 5-year returns has been 11.91% on an annualized basis. Stocks that find a place in the portfolio of the fund include names like ICICI Bank, State Bank of India, Infosys, HDFC Bank and NTPC. The fund has been rated as 5-star by Crisil in its category.

Quant Small Cap Fund

If there is one fund that has been well rated across the small cap category, than it has to be the Quant Small Cap Fund. It has been rated 5-star by Value Research and Morningstar and also has a No 1 ratings from Crisil. The annualized returns from Quant Small Cap Fund has been 52% over the last 3-years. SIPs in Quant Small Cap Fund have generated annualized returns of nearly 50% over the last three years. The fund has exposure to stocks like ITC, IRB Infra, RBL Bank etc. The fund has managed to outperform peers in its category. Good for long term investors who are looking to start SIPs in the fund.

Disclaimer

Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.