Best Sip Plans in India to Invest in for Long Term

Best SIP plans in India to invest in for long term

SIP refers to Systematic Investment Plan. A SIP plan works in a systematic approach in a quest to appreciate the capital invested in mutual funds by the investors so that they get a return on investment. This is done to accumulate a large sum of money so that savings can be made for future goals and requirements. With a SIP, you can invest your money which is pre – determined into the mutual funds at regular intervals like weekly, monthly or quarterly.

The investors have to deposit their funds for the investments again and again at certain intervals, regularly. You can invest into the systematic investment plan in accordance with your monetary needs that you want to achieve by saving their money by investing in the SIP – systematic investment plan for any future goals or requirements ahead in a few years. The investor can choose the interval periods that they want to invest through. Once you start investing into the SIP investment plans, the amount of the investment money will be automatically debited from your account which you had registered with and invested into the plan; you need to inform your bank so that they can auto – debit it the investment money at each interval. This money will be invested into a mutual fund scheme that the investor has chosen. After that, the investor is given a certain number of units which are based on the market rate; this is called the NAV or the net asset value. It works in a way that each time your money goes into the investment amount, more units of the scheme will be added to your SIP account.

1. Aditya Birla SL Small & Midcap Fund

The Aditya Birla SL small and midcap fund includes both small and midcap funds. It invests into both, but it focuses on the midcap fund more than the small cap fund. It has a good return and has been returning a good 15 % on a yearly basis. Investing into it for a long term will give you great returns. Investing for a long term will not be a big hassle as it is a low investment mutual fund with a minimum SIP amount of INR 1000 which can be invested in each interval. This SIP by Aditya Birla is one of the best SIP in India.

Number of years or term of mutual fund

Percentage of return
Returns after 1 year 55.29 %
Returns after 5 years 27.77 %

The percentage of returns after a 5 year long term investment into the Aditya Birla SL Small & Midcap Fund SIP mutual is a whopping 27.77 %. Imagine you invested around 5,00,000 in 5 year, which is 1,00,000 per year. Now, the return on investment will be INR 1,38,850. So, now you get 5,00,000 + 1,38,850 which is a good INR 6,38,850. This makes this mutual fund one of the best SIP plan in India to invest in for long term.

2. Reliance Small Cap Fund

The Reliance Small cap fun is one of the best Sip plans in India to invest in for a long term as the returns after a long term are pretty high, you can see the returns below:

Number of years or term of mutual fund

Percentage of return
Returns after 1 year 31.3 %
Returns after 3 years 21.0 %
Returns after 5 years 30.0 %

This sip plan invests the money of the investors into smaller companies so that the capital gets appreciated. It is advisable to invest into the Reliance Small Cap fund sip mutual fund for at least a long term of 5 years to get significant amounts of money as return on investments like they are shown above with 30 % returns for 5 years. The Reliance Small Cap Fund SIP mutual fund has been giving at least a decent 21 % returns per year which is one of the highest returns.

3. ICICI Prudential Focused Blue Chip Equity Fund

The company has a tremendous INR 15,600 crores under their AUM – assets under management. The Focused Blue Chip Equity Fund SIP mutual fund is offered by ICICI invests the money of the investors into blue chip stocks in order to get returns on the investments. The money is invested into blue chip stocks of HDFC bank, ICICI bank, Infosys, etc. Investing in the ICICI Focused Blue Chip Equity Fund SIP mutual fund for a long term will get you good results as it is one of the best SIP in India.

Number of years or term of mutual fund

Percentage of return
Returns after 1 year 14.0 %
Returns after 2 years 18.8 %
Returns after 3 years 9.0 %
Returns after 5 years 17.0 %

As you can see, the best returns from this ICICI’s mutual fund are given after a long term investment.

4. SBI Magnum Mid – Cap Fund

The SBI magnum mid cap fund is one of the best SIP in India as it gives a really high return on investment after investing into the SIP mutual fund for a long – term duration. The risks are high which makes it a fund with higher returns. Investing into this for a long term after assessing your risk appetite will give you good returns.

Number of years or tenure of mutual fund

Percentage of the return received
Returns after 5 years 26.29 %

Conclusion

Investing into SIP mutual funds for a long term is the best way to get good returns. The very purpose of systematic investment plans are to accrue a large sum of money through capital appreciation by investing funds into stocks, smaller companies, equities, debt, etc. for a long duration so that the amount keeps growing and gives the investors a good return on their investments. Invest into any of the best SIP in India and get great returns.

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