These Two Index Funds Has Offered Good Return On SIP: Should You Invest?

Investing in index funds has long been considered one of the best investments you can make. Index funds are inexpensive, provide diversity, and produce strong long-term returns. Index funds have historically outperformed other types of funds actively managed by leading investment companies. These two Index funds have delivered good returns in the past 5 years and since their inception.

DSP Equal Nifty 50 Fund - Direct-Growth

NAV	Fund Size	Expense Ratio
₹15.81	₹ 282.58 Cr	0.40%

NAV as of 15th February 2022

DSP Equal Nifty 50 Fund Direct-Growth is a Large Cap mutual fund scheme from the house of DSP Mutual Fund. It is a medium-size fund of its category. This fund has been in existence for 4 yrs 4 m, having was launched on 23 October 2017. Fund's Direct-Growth plan has AUM worth Rs 283 Cr as of 31 January 2021. Fund's turnover is 36%. As of 31 January 2022, its expense ratio is 0.40%. It is an open-ended fund. 
Under the Direct-Growth plan of the fund, it has given 21.75% returns in the last 1 year, which is higher than its category average in the same horizon. In 2-Year the fund returns 26.26%. Since its inception, the fund has delivered 11.18% average annual returns, which is slightly below its annual category average return of 12.96%.
The fund has the majority of its money invested in the Financial, Energy, Automobile, FMCG, Technology sectors. It has taken less exposure in the Financial, Energy sectors compared to other funds in the category. The fund's top 5 holdings are in Oil & Natural Gas Corpn. Ltd., Maruti Suzuki India Ltd., State Bank of India, Axis Bank Ltd., National Thermal Power Corp. Ltd.

Returns

Annualized Returns - On investment of Rs 10,000

1 Year	2 Year	3 Year	Since Inception
21.75%	26.26%	19.25%	11.18%

SIP Returns - On investment of Rs 1,000

1 Year	2 Year	3 Year	Since Inception
21.75%	26.26%	19.25%	11.18%

LIC MF Index Nifty Fund Direct-Growth

NAV	Fund Size	Expense Ratio
₹100.14	₹ 49.65 Cr	0.21%

NAV as of 15th February 2022

LIC MF Index Nifty Fund Direct-Growth is a Large Cap mutual fund scheme from the House of LIC Mutual Fund. It is a medium-sized fund of its category launched on 02 January 2013. The fund's Direct-Growth plan has AUM is Rs 50 Crores as of 31 January 2021. The fund has an expense ratio of 0.21%, which is less than its category average expense ratio. It is a highly risky fund for investment. Rating agency CRISIL has rated 3-stars to the fund.
LIC MF Index Nifty Fund Direct-Growth returns of the last 1-year are 14.09%, compared to its category average is below. However, its return in long term is decent. Since its inception, it has delivered 12.79% average annual returns, which is almost equal to its annual category average. The fund aims to generate returns commensurate with the performance of the index either Nifty/Sensex based on the plans, by investing in the respective index stocks subject to tracking errors.

The fund has the majority of its money invested in the Financial, Technology, Energy, FMCG, Construction sectors. It has taken less exposure in the Financial, Technology sectors compared to other funds in the category. The fund's top 5 holdings are in Reliance Industries Ltd., HDFC Bank Ltd., Infosys Ltd., ICICI Bank Ltd., Housing Development Finance Corpn. Ltd.

Returns

Annualized Returns - On investment of Rs 10,000

1 Year	2 Year	3 Year	5 Year	Since Inception
14.09%	20.16%	18.06%	15.25%	12.79%

SIP Returns - On investment of Rs 1,000
 

1 Year	2 Year	3 Year	5 Year
12.19%	29.67%	22.78%	16.96%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from MoneyControl. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.