Starting Systematic Investment Plan (SIP) in mutual funds may never fail you as through disciplined and regular investments for over a period of time you may be able to create a sizable corpus for yourself. Large fund houses have come up with such SIP products which can even be started for as less as Rs. 100 per month, so if you are beginner into mutual fund investment, you can at first start with a lower amount and slowly and gradually as you get a hold of the investment, you can always up your investments into it.
SIPs with their absolute returns
Here we suggest some select MF SIPs that can be started for as low as Rs. 100 and their returns over the years in absolute terms for a SIP of Rs. 1000
|Fund||NAV as on June 3, 2021||AUM||1-year return||3-year return||5-year return|
|Nippon India Growth Fund||1709.99||Rs. 9123 crore||35.00%||50.69%||59.11%|
|ICICI Prudential Bluechip fund||61.49||Rs. 26082 crore||25.58%||37.00%||49.00%|
|Principal Focused Multicap fund- G||97.4||Rs. 539 crore||30.00%||47.00%||59.00%|
|IDFC Sterling Value Fund-Regular Plan- G||73.85||Rs. 3334 crore||50.00%||55.00%||58.00%|
1. Nippon India Growth Fund:
This mid cap fund from the Nippon India Mutual Fund is a CRISIL 3-star rated fund. Against the benchmark S&P BSE Midcap TRI, the fund has given a 1-year return of 78.82 percent. Expense ratio of the fund is 1.91 percent.
Of the 97% funds invested into stocks, 8.92 percent in large cap, 57 percent is in mid cap and 22 percent in small cap. The prime holding of the fund include Varun Beverages, SRF, Cholamandalam Financial Holdings, ICICI Bank, Ashok Leyland etc.
So, the SIP of Rs. 1000 started 3 years ago say in June 2018 with an investment of Rs. 36000 will now be valuing Rs. 54248.
2. ICICI Prudential Bluechip fund:
This is a CRISIL three star rated fund from the house of the country's leading ICICI Prudential Mutual fund. The large cap fund is categorized to be moderately high in risk as per the MF risk-o-meter. The fund entails a expense fee of 1.16 percent.
Against its benchmark, Nifty 100 TRI, the fund has given a 1-year return of 54.69 percent. Top holdings of the firm include ICICI Bank, Axis Bank, HDFC Bank, Infosys, Bharti Airtel, RIL, HDFC and L&T among others.
Minimum lump sum investment and SIP investment in the fund can be made for Rs. 100.
3. Principal Focused Multicap Fund- Growth:
This is a CRISIL 4-star rated fund offering by Principal Mutual fund. The focused fund carries an expense ratio of 2.52% and invests primarily in large cap stocks and also some portion is in G-securities.
The main holdings of the fund include ICICI Bank, HDFC Bank, Bajaj Finserv, Infosys, RIL etc. For the fund, Nifty 50 is the benchmark. Minimum investment on a lump sum basis is Rs. 300 while SIP investment can be started for Rs. 100.
4. IDFC Sterling Value Fund-Regular Plan- G:
This Value fund from the house of IDFC Mutual fund is a CRISIL 5 star rated fund. The expense ratio of the fund is 2.04 percent. Of the 95 percent investment in stocks, the fund is majorly invested into small cap stocks (49%).
Over a 1-year period, the fund has given return of 109.6% as against its benchmark Nifty 50 return of 95.7%.
For a lump sum investment, Rs. 5000 are to be contributed towards the scheme, while the SIP can be started for as less as Rs. 100.
Top holdings of the fund include Deepak Nitrite, ICICI Bank, Gujarat Gas, JK Cement, Graphite India, KEC International etc.
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