For the last couple of years, the popularity of SIPs or Systematic Investment Plans has gone up. Still, many investors including those who have already invested in mutual funds are often confused about SIPs. If you are planning to invest a fixed amount regularly in a mutual fund schemes, typically an equity mutual fund scheme then the Systematic Investment Plans allow you to do that. If you don’t have any knowledge of the market or don’t have time to monitor the market regularly then you should always opt for Systematic Investment Plans. Because SIP puts an end to all the difficulties that investors may face. The money is automatically invested monthly in a scheme without any effort on your part. If you invest in Systematic Investment Plans regularly over a period irrespective of the market conditions, you would get more units when the market is low and fewer units when the market is high. This averages out the purchase cost of your mutual fund units.
It is an open-ended equity plan which aims for growth of the capital. The fund is mainly invested in equity and equity-related securities of large-cap companies to generate long-term capital appreciation and income distribution to investors from a portfolio. It is a top-rated equity mutual fund offered by one of India’s leading AMC, ICICI Prudential Mutual Fund. The performance of this fund has been nothing short of astronomical, which makes it one of the most popular equity mutual fund investments in India.
• Scheme Type: Open ended scheme
• Fund Manager: Sankaran Naren / Rajat Chandak
• Minimum Investment: Rs.100
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 18th May 2018 = Rs. 39.62
Growth (Present) %
• 1 Month: - 1.39%
• 3 Months: - 2.54%
• 6 Months: - 3.3%
• 1 Year: - 11.07%
• 3 Years: - 11.14%
• 5 Years: - 17.08%
The Primary objective of the Aditya Birla Sun Life Banking & Financial Services Fund is to generate long-term capital appreciation to unit holders from a portfolio that is invested mainly in equity and equity-related securities of companies involved in banking and financial services. This fund would invest in banks as well as insurance companies, broking companies, NBFC's, rating agencies, etc. This particular mutual fund scheme is suitable for those investors who are seeking Long-term capital growth and Investments in equity and equity-related securities of companies engaged in banking and financial services.
• Scheme Type: Open ended scheme
• Fund Manager: Mr Satyabrata Mohanty & Mr Dhaval Gala
• Minimum Investment: Rs.1000
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 3rd July 2018 = Rs. 27.52
Growth (Present) %
• 1 Month: - 1.92%
• 3 Months: - 2.72%
• 6 Months: - 0.9%
• 1 Year: - 8.60%
• 3 Years: - 16.79%
The main aim of this mutual fund is to generate capital appreciation by investing primarily in mid-cap stocks. It is recommended for all the SIP investors to add this mutual fund in their portfolio to avail the maximum return. This fund would generally comprise of companies that have a market capitalisation ranging from Rs 300 to Rs 3000 crore.
• Scheme Type: Open ended scheme
• Fund Manager: S. N. Lahiri / Vihang Naik
• Minimum Investment: Rs.500
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 5th July 2018 = Rs. 135.97
Growth (Present) %
• 1 Month: - 0.63%
• 3 Months: - 5.12%
• 6 Months: - 12.6%
• 1 Year: - 3.48%
• 3 Years: - 15.79%
• 5 Years: - 29.11
Franklin Asian Equity Fund-Growth scheme’s main aims to accomplish capital appreciation through investment in Asian companies, excluding Japan, which have high growth potential. This fund gives investors an entrée to a portfolio of quality companies in the Asian region that are well placed to take advantage of the long-term growth potential. If you expect the economy to grow at 9% then you can assume top-performing mutual funds to give you returns in excess of 16%.
• Scheme Type: Open ended scheme
• Fund Manager: Roshi Jain
• Minimum Investment: Rs.500
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 5th July 2018 = Rs. 21.7952
Growth (Present) %
• 1 Month: - 5.91%
• 3 Months: - 1.38%
• 6 Months: - 5.22%
• 1 Year: - 11.27%
• 3 Years: - 9.63%
• 5 Years: - 9.83
The main objective of the scheme is to make income and capital appreciation from a portfolio mainly investing in Indian equities and equity-related securities of large-cap and mid-cap companies at the time of investment. If you are looking for long-term investment then this fund will be the best option for you. Try to hold this fund for at least 5 years it will give you the highest return. This fund has higher volatility (ups and downs) than other equity funds but can produce much better returns.
• Scheme Type: Open ended scheme
• Fund Manager: Neelesh Surana
• Minimum Investment: Rs.1000
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 5th July 2018 = Rs. 47.66
Growth (Present) %
• 1 Month: - 1.1%
• 3 Months: - 0.7%
• 6 Months: - 10.1%
• 1 Year: - 4.4%
• 3 Years: - 16.3%
• 5 Years: - 30.3
These are the best mutual funds for SIP you can invest in this year. You can also look my other blog https://investmenttipstoday.blogspot.com/2018/05/my-best-mutual-funds-2018.html for more mutual fund options.
ICICI Prudential Focused Bluechip Equity Fund
It is an open-ended equity plan which aims for growth of the capital. The fund is mainly invested in equity and equity-related securities of large-cap companies to generate long-term capital appreciation and income distribution to investors from a portfolio. It is a top-rated equity mutual fund offered by one of India’s leading AMC, ICICI Prudential Mutual Fund. The performance of this fund has been nothing short of astronomical, which makes it one of the most popular equity mutual fund investments in India.
• Scheme Type: Open ended scheme
• Fund Manager: Sankaran Naren / Rajat Chandak
• Minimum Investment: Rs.100
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 18th May 2018 = Rs. 39.62
Growth (Present) %
• 1 Month: - 1.39%
• 3 Months: - 2.54%
• 6 Months: - 3.3%
• 1 Year: - 11.07%
• 3 Years: - 11.14%
• 5 Years: - 17.08%
Aditya Birla Sun Life Banking & Financial Services Fund
The Primary objective of the Aditya Birla Sun Life Banking & Financial Services Fund is to generate long-term capital appreciation to unit holders from a portfolio that is invested mainly in equity and equity-related securities of companies involved in banking and financial services. This fund would invest in banks as well as insurance companies, broking companies, NBFC's, rating agencies, etc. This particular mutual fund scheme is suitable for those investors who are seeking Long-term capital growth and Investments in equity and equity-related securities of companies engaged in banking and financial services.
• Scheme Type: Open ended scheme
• Fund Manager: Mr Satyabrata Mohanty & Mr Dhaval Gala
• Minimum Investment: Rs.1000
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 3rd July 2018 = Rs. 27.52
Growth (Present) %
• 1 Month: - 1.92%
• 3 Months: - 2.72%
• 6 Months: - 0.9%
• 1 Year: - 8.60%
• 3 Years: - 16.79%
L&T Midcap Fund
The main aim of this mutual fund is to generate capital appreciation by investing primarily in mid-cap stocks. It is recommended for all the SIP investors to add this mutual fund in their portfolio to avail the maximum return. This fund would generally comprise of companies that have a market capitalisation ranging from Rs 300 to Rs 3000 crore.
• Scheme Type: Open ended scheme
• Fund Manager: S. N. Lahiri / Vihang Naik
• Minimum Investment: Rs.500
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 5th July 2018 = Rs. 135.97
Growth (Present) %
• 1 Month: - 0.63%
• 3 Months: - 5.12%
• 6 Months: - 12.6%
• 1 Year: - 3.48%
• 3 Years: - 15.79%
• 5 Years: - 29.11
Franklin Asian Equity Fund Growth
Franklin Asian Equity Fund-Growth scheme’s main aims to accomplish capital appreciation through investment in Asian companies, excluding Japan, which have high growth potential. This fund gives investors an entrée to a portfolio of quality companies in the Asian region that are well placed to take advantage of the long-term growth potential. If you expect the economy to grow at 9% then you can assume top-performing mutual funds to give you returns in excess of 16%.
• Scheme Type: Open ended scheme
• Fund Manager: Roshi Jain
• Minimum Investment: Rs.500
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 5th July 2018 = Rs. 21.7952
Growth (Present) %
• 1 Month: - 5.91%
• 3 Months: - 1.38%
• 6 Months: - 5.22%
• 1 Year: - 11.27%
• 3 Years: - 9.63%
• 5 Years: - 9.83
Mirae Asset Emerging Bluechip Growth
The main objective of the scheme is to make income and capital appreciation from a portfolio mainly investing in Indian equities and equity-related securities of large-cap and mid-cap companies at the time of investment. If you are looking for long-term investment then this fund will be the best option for you. Try to hold this fund for at least 5 years it will give you the highest return. This fund has higher volatility (ups and downs) than other equity funds but can produce much better returns.
• Scheme Type: Open ended scheme
• Fund Manager: Neelesh Surana
• Minimum Investment: Rs.1000
• Entry Load: NA
• Exit Load: 1.00%
• NAV as on 5th July 2018 = Rs. 47.66
Growth (Present) %
• 1 Month: - 1.1%
• 3 Months: - 0.7%
• 6 Months: - 10.1%
• 1 Year: - 4.4%
• 3 Years: - 16.3%
• 5 Years: - 30.3
These are the best mutual funds for SIP you can invest in this year. You can also look my other blog https://investmenttipstoday.blogspot.com/2018/05/my-best-mutual-funds-2018.html for more mutual fund options.
