5 Mutual Funds That Shine in Monthly SIP Performance
When you think of growing your financial resilience, consistent investment in SIPs holds the key to success. The beauty of maintaining financial discipline through systematic investments lies in the power of compounding. SIPs turn your small, regular contributions into a sizable pool of wealth in the long run.
As an investor, your priorities include a strong track record, diversification, and resilience when you invest in mutual funds. In this blog, we have curated five funds that shine when it comes to monthly SIP performance.
Top Five Mutual Funds for SIP You Must Watch Out
These top five mutual funds for SIP have performed consistently well over 3 to 5 years of investment tenures.
1. ICICI Prudential Infrastructure Fund
Are you looking to ride the growth trajectory of the expanding infrastructure sector in India? The ICICI Prudential Infrastructure Fund invests in potential sectors like energy, industrials, and basic materials. This fund returned an impressive 36%+ return to investors in the last five years. You can get started with just INR 100 for a monthly SIP in this mutual fund.
- AUM: INR 7,941.20 crore
- NAV: INR 210.3300
- Expense ratio: 14%
- 1-Year return: 80%
- 3-Year return: 04%
- 5-Year return: 28%
2. SBI Equity Hybrid Fund
Conservative investors looking for a balanced investment option may find the SBI Equity Hybrid Fund suitable. It invests in both equities and debt, which offers both growth and stability. The minimum amount you need to create an SIP in this fund is INR 100.
- AUM: INR 77,794.00
- NAV: INR 332.6258
- Expense ratio:73%
- 1-Year return: 53%
- 3-Year return:15%
- 5-Year return: 02%
3. Bandhan Small Cap Fund
Do you think you have a high risk appetite and are ready to take risks? The Bandhan Small Cap Fund will help you capitalize on the growth potential of small companies while they scale. If you have patience and the ability to tolerate some risk, this is a great choice. SIP in this fund starts from just INR 100 a month.
- AUM: INR 14,062.20 crore
- NAV: INR 50.1690
- Expense ratio: 40%
- 1-Year return: 5.68%
- 3-Year return: 52%
- 5-Year return: 00%
4. Motilal Oswal Midcap Fund
The Motilal Oswal Midcap Fund is an ideal pick for those looking to balance growth and stability. The SIP amount per month in this fund starts from INR 100. The sectoral allocation for this midcap fund looks well-balanced. It invests in technology, industrials, consumer cyclical, communication services, and other sectors.
- AUM: INR 33,608.50 crore
- NAV: INR 117.6971
- Expense ratio:70%
- 1-Year return: 93%
- 3-Year return: 47%
- 5-Year return: 44%
5. Invesco India Mid Cap Fund
The Invesco India Mid Cap Fund is a popular choice for growth-seeking investors. It has a relatively low expense ratio of 0.55%, and you can create an SIP in this fund starting from INR 500 a month. This fund invests in key sectors like financial services, healthcare, consumer cyclical, industrials, and real estate.
- AUM: INR 7,801.80 crore
- NAV: INR 218.6200
- Expense ratio: 55%
- 1-Year return: 60%
- 3-Year return: 30%
- 5-Year return: 45%
Conclusion
Consistency matters more than timing when you invest in SIPs for the long term. However, you must select the right fund based on your financial goals and risk appetite. In this blog, we have presented you with five great funds to choose from, depending on your risk tolerance.
Remember, financial discipline defines your resilience as you put your funds in monthly SIPs to grow your wealth.
Disclaimer: Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. The information provided on this blog is for general educational purposes only and should not be considered investment advice. The author is not a SEBI-registered investment advisor. Readers are encouraged to consult a certified financial advisor before making any investment decisions.
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Arnab Dey
Arnab is a professional blogger, having an enormous interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, He carries out sharing sentient blogs.
