10 Best Mutual fund SIP Plans in 2019

Best SIP Plans for Mutual Fund investment If you have been trying to indulge in investing in the stock market, …

Best SIP Plans for Mutual Fund investment

If you have been trying to indulge in investing in the stock market, you might probably have heard a great deal about mutual funds in general and SIPs in particular. One way to invest in mutual funds is to invest in one go – called lumpsum investments.
The other and arguably superior way is via SIPs. SIP or Systematic Investment Plan, is a planned and pre-determined amount of money invested regularly (weekly, quarterly, monthly, etc. with fixed dates) into the stock market for a continuous period.

List of Best SIP Plans

Note: The list is not to be considered in any order.

Fund name

Category

Nippon India Large Cap Direct Growth (Formerly Reliance Large Cap Direct Growth) Large Cap
Aditya Birla Sun Life Frontline Equity Direct Growth Multi Cap
ICICI Prudential BlueChip Direct Growth Large Cap
Motilal Oswal Midcap 30 Direct Growth Mid Cap
IDFC Sterling Value Direct Growth Value
Nippon India Multi-Cap Direct Growth (Formerly Reliance Multi-Cap Direct Growth) Multi Cap
DSP Top 100 Equity Direct Growth Large Cap
UTI Nifty Index Direct Growth Index Funds
DSP Midcap Direct Growth Mid Cap
Franklin India Prima Direct Growth Mid Cap

 

Nippon India Large Cap Direct Growth: Returns (Annualized)

1 Year:     7.80%        3 Years: 13.02%          5 Years:    9.95%

Aditya Birla Sun Life Frontline Equity Direct Growth: Returns (Annualized)

1 Year:   9.8%          3 Years: 10.47%          5 Years:   9.31%

ICICI Prudential Bluechip Fund Direct Plan Growth: Returns (Annualized)

1 Year:   10.09%          3 Years: 12.63%          5 Years:   9.94%

Motilal Oswal Midcap 30 Direct Growth: Returns (Annualized)

1 Year:   13.39%          3 Years: 7.35%          5 Years:   11.59%

IDFC Sterling Value Direct Growth : Returns(Annualized)

1 Year:   -4.83%          3 Years: 8.33%          5 Years:   8.30%

Nippon India Multi Cap Direct Growth: Returns (Annualized)

1 Year:   5.09%      3 Years: 10.38%          5 Years:   6.79%

DSP Top 100 Equity Direct Growth: Returns (Annualized)

1 Year:   17.86%          3 Years: 10.32%          5 Years:   8.19%

UTI Nifty Index Direct Growth: Returns (Annualized)

1 Year:   13.89%      3 Years: 14%          5 Years:   8.43%

DSP Midcap Direct Growth: Returns (Annualized)

1 Year:   11.14%          3 Years: 9.92%          5 Years:   12.42%

Franklin India Prima Direct Growth: Returns (Annualized)

1 Year:   6.93%        3 Years: 9%          5 Years:   11.40%

 

Note: Returns accurate as of 11th November, 2019

This post has been reviewed by Kunal Bajaj.
Kunal Bajaj is the Business Head, Wealth and Head of Corporate Development at MobiKwik.

Kunal has 18 years of experience in Institutional Equity Sales & Risk Management at some of the world’s largest financial institutions like Credit Suisse, J.P. Morgan, CLSA and Goldman Sachs Japan. His last role was Managing Director and Head of Equity Sales at Jefferies India before he took the entrepreneurial route to set up Clearfunds in 2016. He is also a rank-holding Chartered Accountant. He has appeared on various publications as a guest author including MoneycontrolBusiness Standard, Live Mint and Business Today.