Best SIP Plans to Invest in 2019

Abhinay
Abhinay
abhinayd@orowealth.com
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Best SIPs to Invest in 2019

What are the top performing SIPs in India? How to select the best-performing SIP Mutual Funds? These are some of the most common questions that trouble the investors while investing in Mutual Funds. As said above, SIP investment is one of the most common and easiest ways to invest in mutual funds. You can start investing with as low as INR 500. This makes investing in top SIP highly convenient. Usually, the best SIP plans in India generate higher returns when invested in for a significant time. You can use SIP calculator to figure out how much you can invest and earn with a SIP plan.

We have listed down the top 10 SIP plans to invest in the year 2018

Best SIPs of 2019

Name of the Fund Type of Fund 1 Yr Return (%) 3 Yr Return (%) 5 Yr Return (%)
Axis Bluechip Fund (G) Large Cap 23.11 15.67 20.21
Invesco India Growth Opportunities Fund (G) Large Cap 20.66 16.28 23.69
L&T Mid Cap Fund(G) Mid Cap 8.25 17.81 32.00
HDFC Midcap Opportunities Fund (G) Mid Cap 11.66 16.01 30.28
HDFC Small Cap Fund (G) Small Cap 22.87 20.74 26.76
L&T Emerging Business Fund (G) Small Cap 11.61 23.06 NA
Mirae Asset India Equity Fund (G) Multi-Cap 8.25 17.81 32.00
Motilal Oswal Multicap 35 (G) Multi-Cap 6.10 16.49 NA
Axis Long Term Equity Fund (G) ELSS 21.41 14.41 27.54
Aditya Birla SL Tax Relief ’96 (G) ELSS 19.77 16.18 26.39

*As on August 27, 2018

Snapshot of Best SIP Funds

Name of the Fund Launch Date Risk Minimum Investment Minimum SIP Investment Return Since Launch (%) Exit Load Top 5 Holdings
Axis Bluechip Fund (G) Jan 5, 2010 Moderately High 5000/- 1000/- 13.09 For units in excess of 10% of the investment,1% will be charged for redemption within 365 days 1. HDFC Bank2. Kotak Mahindra Bank

3. HDFC

4. Tata Consultancy Services

5. Bajaj Finance

Invesco India Growth Opportunities Fund (G) Aug 9, 2007 Moderately High 5000/- 500/- 12.25 1% for redemption within 365 days 1. HDFC Bank2. Reliance Industries

3. ICICI Bank

4. IndusInd Bank

5. Bajaj Finance

L&T Mid Cap Fund (G) Aug 9, 2004 High 5000/- 1000/- 20.87 1% for redemptions within 365 days 1. Bharat Financial Inclusion2. Emami

3. Berger Paints India

4. The Ramco Cements

5. Graphite India

HDFC Mid Cap Opportunities Fund Jun 25, 2007 Moderately High 5000/- 1000/- 17.15 1% for redemptions within 365 days 1. Sundaram Fasteners2. Balkrishna Industries

3.Cholamandalam Invest. and Fin.

4. Hexaware Technologies

5. Voltas

HDFC Small Cap (G) Apr 3, 2008 Moderately High 5000/- 500/- 15.64 1% for redemptions within 365 days 1. Sharda Cropchem2. NIIT Technologies

3. Firstsource Solutions

4. Aurobindo Pharma

5. Vijaya Bank

L&T Emerging Business Fund (G) May 12, 2014 NA 5000/- 500/- 26.04 1% for redemptions within 365 days 1. HEG2. Laxmi Machine Works

3. The Ramco Cements

4. Ipca Laboratories

5. Sterlite Technologies

Mirae Asset India Equity Fund (G) Apr 04, 2008 Moderately High 5000/- 1000/- 16.94 1% for redemptions within 365 days 1. HDFC Bank2. Reliance Industries

3. ICICI Bank

4. Infosys

5. State Bank of India

Motilal Oswal Multicap 35 Fund (G) Apr 28, 2014 Moderately High 5000/- 1000/- 26.13 1% for redemptions within 365 days 1. HDFC2. HDFC Bank

3. Maruti Suzuki India

4. IndusInd Bank

5. Infosys

Axis Long Term EquityFund (G) Dec 29, 2009 Moderately High 500/- 500/- 19.30 0 1. HDFC Bank

2. Tata Consultancy Services

3. Kotak Mahindra Bank

4. HDFC

5. Pidilite Industries

Aditya Birla Sun Life Tax Relief 96 (G) Mar 29, 1996 Moderately High 500/- 500/- 25.38 0 1. Gillette2. Honeywell Automation

3. Reliance Industries

4. Bayer CropScience

5.GlaxoSmithKline Pharma

*As on August 27, 2018.

What is SIP?

SIP or Systematic Investment Plan is a popular investment strategy where you can invest a preset amount of money at regular intervals. SIP plans are one of the easiest and smartest ways to invest in mutual funds. Best SIP plans help you create a meticulous approach towards investment. Moreover, SIP plans can inculcate the habit savings so that you can build up wealth to achieve your financial goals.

Systematic investment plans are flexible and allow the investor to either increase or decrease the amount of investment as per their requirement. You are in complete control of the investment and can choose to stop the investment at any point in time. SIP plans are the best and safest options for new investors to understand the basics of the market. You can use SIP calculator to find out the best-suited SIP investment amount for yourself.

Benefits of Investing in SIP

  • Saving in a disciplined manner: Planning and discipline are very critical for a healthy and successful investment. When you decide to invest in best SIP plans, you invest in a regular monthly manner. This inculcates the habit of regular and disciplined saving and thus gives you a long-term benefit.
  • SIPs are flexible: SIPs do not have any lock-in period. However, industry professionals ask investors to understand the basics of how to invest in SIP for a long-term to reap maximum returns on their investment. This also helps them in achieving their long-term financial objectives. Nonetheless, you can redeem your investment any time you see fit. Moreover, there is an option to increase or decrease the SIP amount for your investment.
  • Long-term benefits: Systematic investment plans are best for long-term financial objectives. Since the initial investment amount is small, the returns on investment are not instantaneous. However, over the course of time, you accumulate a substantial corpus and thus can experience great returns on your investment. In addition to this, the power of compounding and rupee cost averaging also help you generate higher returns.
  • SIPs are highly convenient: The biggest advantage the SIPs offer is the convenience. You have the facility to avail ECS which will automatically deduct the pre-set SIP amount from your bank account.
  • SIPs have a moderate risk: Another huge advantage of investing in SIPs is that they are comparatively less risky investments. Retail investors with a low-risk appetite generally prefer systematic investment plans to remain invested for a longer period.

Why Should You Think about Investing in SIP?

We all want maximum returns on our investments irrespective of their holding period. SIP investments are one of the easiest and best ways to achieve your short-term as well as long-term financial goals. Investing in best SIP plans offer your several advantages, a major one of which is the disciplined and steady approach towards investing.

Additionally, if you are starting young, with less or no financial obligations, SIP investment can be huge advantages over a considerable investment horizon. The best SIP plans in India offer you the opportunity of creating long-term wealth with moderate risk.

Top 5 SIP Investment Funds and their Past Performances

Name of the Fund Type of Fund 1 Yr Return(%) 3 Yr Return (%) 5 Yr Return (%)
Axis Bluechip Fund (G) Large Cap 23.11 15.67 20.21
L&T Mid Cap Fund(G) Mid Cap 8.25 17.81 32.00
HDFC Small Cap Fund (G) Small Cap 22.87 20.74 26.76
Mirae Asset India Equity Fund (G) Multi-Cap 8.25 17.81 32.00
Axis Long Term Equity Fund (G) ELSS 21.41 14.41 27.54
Abhinay
Abhinay
abhinayd@orowealth.com

Abhinay is an IT engineer turned Finance writer. He has over 4 years of experience in content management and has been writing about personal finance for over 2 years. He works as a Marketing Consultant at Orowealth

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