Many individuals want to start investing in a mutual fund but don't find SIP with minimum investment, and even they don't find the scheme that suits their risk tolerance and investment amount in lumpsum. Schemes whose minimum SIP investment is starting from as low as Rs. 100 could help early investors to start investing and get good returns better than saving account interest rates. Here, we have highlighted 3 large-cap mutual funds with good returns, you can start SIP in these funds with a minimum of Rs 100.
UTI Mastershare Unit Scheme - Direct Plan-Growth
The fund was launched on 01 January 2013 by the UTI Mutual Fund. As of 31 January 2022, the Direct Plan-Growth of the fund has Rs 9,659 Crores worth of AUM. It is a medium-sized open-ended fund of its category. As of 25 February 2022, Its NAV is Rs 197.8177. The fund has an expense ratio of 1.13%, which is less than the average expense ratio of its category. The fund is highly risky, however, it has performed good in terms of returns among its peers.
UTI Mastershare Unit Scheme - Direct-Growth has given of the last 1-year are 14.79% annualized returns, better than its category average of 11.50%. The fund's return performance in 2, 3, and 5 years is above its category average. Since its launch, it has delivered 14.28% average annual returns. The has an above-average capacity to control losses in a sinking market. If you looking for a long-term investment around 3-4 and expect good returns you can opt to invest in this fund.
SIP Returns
| Period Invested for | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 3.91% | 7.26% |
| 2 Year | 30.16% | 27.52% |
| 3 Year | 38.58% | 22.30% |
| 5 Year | 52.23% | 16.80% |
Kotak Bluechip Fund - Direct Plan-Growth
Kotak Bluechip Fund Direct-Growth is a medium-sized open-ended und of its category, launched on 29 December 1988 by the Kotak Mahindra Mutual Fund. Fund's Direct-Growth plan has Rs 3,766 Crores worth of AUM as of 31 January 2021, and the latest declaimed NAV as of 25th February 2022 is Rs 391.061. The expense ratio of the fund is 0.83%, which is less than its category average of 1.22%. The fund poses a high risk. However, it has above-average performance among its peer.
Kotak Bluechip Fund Direct-Growth returns of the last 1-year are 12.49% of annualized returns, which is better than its category average return in the same period of time when compared. The fund offered good, compared to its category average in 2, 3, and 5 years. Since its launch, it has delivered 14.67% decent average annual returns. It can control its losses in a sinking market. Investors with 3-4 years of investment could invest in the fund and expect good returns over the year. However, they don't guarantee returns and could face losses as well in their investment.
SIP Returns
| Period Invested for | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 2.64% | 4.89% |
| 2 Year | 28.76% | 26.30% |
| 3 Year | 37.33% | 21.65% |
| 5 Year | 51.50% | 16.60% |
ICICI Prudential Bluechip Fund - Direct Plan-Growth
ICICI Prudential Bluechip Fund - Direct-Growth a is a medium-sized open-ended fund of its category. It is a highly moderate high-risk fund, launched on 23 May 2008 by the ICICI Prudential Mutual Fund. ICICI Prudential Bluechip Fund Direct-Growth plan of the fund has Rs 3,1271.57 Cr worth of AUM as of 31 January 2021. It has declared NAV Rs 68.2 as of 25th February 2022. The expense ratio of the fund is 1.08%, which is also less than its category average expense ratio. It has given above-average performance among its peer.
Unde the Direct-Growth Palan of the fund, it has given 14.99% annualized returns in last 1 year, which is better when compared to its category average returns in the same period of time. The fund offered good returns in the next 4 years, that 2, 3, and 5 when compared to its category average. Since its launch, it has delivered 15.28% decent average annual returns. A declining market has the potential to limit its losses. Investors with three to four years of experience can invest in the fund and expect substantial returns over the course of the year. However, they do not guarantee returns and may suffer losses as a result of their investment.
SIP Returns
| Period Invested for | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 6.17% | 11.54% |
| 2 Year | 32.60% | 29.64% |
| 3 Year | 39.04% | 22.55% |
| 5 Year | 51.03% | 16.47% |
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
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