Which mutual fund is best for SIP for beginners?
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Which mutual fund is best for SIP for beginners?
5 Best SIP plans to invest in 2021 for Beginners
| Fund Name | NAV | Expense ratio |
|---|---|---|
| Mirae Asset Tax Saver Fund | Rs 29 | 0.30\% |
| PGIM India Midcap Opp | RS 37.29 | 0.45\% |
| Mirae Asset Emerging Bluechip Fund | Rs 90 | 0.73\% |
| Parag Parikh Flexi Cap Fund | Rs 43.13 | 0.91\% |
Which is the best mutual fund for SIP in India?
The table below shows the best equity funds:
| Mutual fund | 5 Yr. Returns | |
|---|---|---|
| Aditya Birla Sun Life Digital India Fund – Growth-Direct Plan | 34.04\% | Invest Now |
| ICICI Prudential Technology Fund | 33.34\% | Invest Now |
| TATA Digital India Fund DIRECT Plan Growth | 35.52\% | Invest Now |
| Quant Infrastructure Fund – Direct Plan-Growth | 27.1\% | Invest Now |
Which mutual fund is best for SIP now?
Best Mutual Fund for SIP to Invest in December 2021
| Fund Name | 1Y CAGR 3Y CAGR 5Y CAGR Till Date CAGR | Till Date CAGR |
|---|---|---|
| ICICI Prudential Bluechip Fund (G) | 17.8\% | 14.8\% |
| Axis Bluechip Fund (G) | 19.7\% | 13.7\% |
| Mirae Asset Large Cap Fund (G) | 18\% | 16.3\% |
| ICICI Prudential Bluechip Fund Institutional I (G) | 0.2\% | 11.7\% |
Which type of SIP is best for 3 years?
Top SIP Mutual Funds in India
| SIP Plans | Type | 3 Year |
|---|---|---|
| HDFC Prudence Fund(G) | Balanced Fund | 9.02\% |
| HDFC Small Cap Fund | Equity Fund | 21.52\% |
| ICICI Prudential Balanced Advantage Fund | Balanced Fund | 9.16\% |
| ICICI Prudential Equity & Debt Fund | Equity Fund | 11.11\% |
Which is the best SIP fund in India?
Best SIP Funds. 1 Quant Active Fund. N.A. EQUITY Multi Cap. Consistency. Current Value ₹ 13.2 Lakh. Return. +32.1836491877148\% p.a. Add to compare. Invest. Expense 2 PGIM India Flexi Cap Fund. 3 Parag Parikh Flexi Cap Fund. 4 Mirae Asset Emerging Bluechip Fund. 5 UTI Flexi Cap Fund.
Why SIP is the best way to invest in equity mutual funds?
Every mutual fund investor knows that a Systematic Investment Plan or SIP is the best way to invest in equity mutual funds to create wealth over a long period. Every mutual fund investor knows that a Systematic Investment Plan or SIP is the best way to invest in equity mutual funds to create wealth over a long period.
How to choose the best SIP plan for You?
The best SIP plan for five years or more could get you healthy compounded returns if you hold your investment that long. This is especially important for SIP in equity funds as they are long term investments. You will get the best SIP plan when you know which is the best mutual fund plan for you.
What is Systematic Investment Plan (SIP)?
A Systematic Investment Plan (SIP), more popularly known as SIP, is a convenient method to invest in mutual funds. Using SIP, you can invest a fixed amount – as small as Rs. 100 in a Mutual Fund scheme at regular intervals. In fact, you can take a call on how regularly you want to invest – it can be weekly, monthly, quarterly, or even annual.
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