There are different Types of Mutual Funds for SIP that include equity, debt, balanced and ultra-short term funds.
However, Equity Mutual Funds offer maximum returns when invested via a SIP. Financial advisors suggest that the investors must invest in best mutual funds for SIP basis their investment objectives and the period of SIP investment.
Why Invest in Top Ten SIP Funds?
SIPs give a disciplined approach to investing Systematic investing helps in financing the future dream and major goals like- retirement, child’s career, purchase of a house/car or any other assets SIPs help in making the most of compounding and are ideal for young investors Systematic Investment Plans minimize the risk of equity fluctuations.
Recommended portfolios for Aggressive investors
|SIP amount||Scheme name||Per (%)|
|Rs 2,000 to 5,000||Aditya Birla Sun Life Equity-G||50|
|–||ICICI Prudential Bluechip Fund – G||50|
|Rs.5000 to 10,000||SBI Magnum MultiCap-G||30|
|–||Aditya Birla Sun Life Frontline Equity-G||20|
|–||ICICI Pru Equity & Debt Fund-G||15|
|–||Canara Rebeco Emerging Bluechip-G||35|
|Rs.10,000 & Above||ICICI Prudential Bluechip Fund – G||35|
|–||Aditya Birla Sun Life Equity-G||10|
|–||Canara Rebeco Emerging Bluechip-G||30|
|–||ICICI Pru Equity & Debt Fund-G||10|
|–||L&T India Value Fund -G||15|
Recommended portfolios for moderate investors
|SIP Amount||Scheme Name||Per %|
|Rs.2,000 to 5,000||Aditya Birla Sun Life Frontline Equity-G||65|
|–||ICICI Pru Equity & Debt Fund-G||35|
|Rs.5,000 to 10,000||ICICI Prudential Bluechip Fund – G||40|
|–||Aditya Birla Sun Life Equity-G||25|
|–||Baroda Conservative Hybrid Fund – Plan A – G||35|
|Rs.10,000 & Above||ICICI Prudential Bluechip Fund – G||30|
|–||Aditya Birla Sun Life Frontline Equity-G||15|
|–||Kotak Standard multicap -G||20|
|–||Franklin Ultra Short Term -G||35|
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