Quick Answer: Which SIP Is Best For 5 Years?

Which SIP is best for 1 year?

Top 10 Best SIP plans for 1 year-InvestmentReturns in 3 MonthsReturns in 1 YearAditya Birla Sun Life Savings Fund0.9%7.3%ICICI Prudential Ultra Short Term Fund1.2%7.7%India Bulls Ultra Short Term Fund1.2%6.8%Kotak Savings Fund1.1%6.9%6 more rows.

Which is best SIP or PPF?

The interest rate is decided by the government. SIP investment in mutual funds are ideal for all, short term, medium term and long term goals. They are ideal for wealth creation and fulfilment of goals. A PPF is ideally suitable for only long term investments of 15 years or more.

Which SIP is best in SBI?

Best Performing SBI Mutual Fund Schemes for SIP InvestmentFund Name1 Year Return3 Years ReturnsSBI Magnum Multi-cap Fund10.84%15.56%SBI Magnum Tax Gain Fund7.46%9.99%SBI Short Term Debt Fund4.17%7.19%SBI Small and Midcap Fund20.93%21.91%8 more rows•Aug 27, 2020

How is SIP return calculated?

Prefixing a minus sign is important as it depicts outflow of cash. Enter the total market value of all your units. Just enter the date at which you want to check the returns and the market value of all the units you hold in the scheme in the same columns where you have entered the SIP date and SIP amount.

Which SIP is best for 3 years?

Best SIP Investment Plans in IndiaSIP PlansType3 YearHDFC Prudence Fund(G)Balanced Fund9.02%HDFC Small Cap FundEquity Fund21.52%ICICI Prudential Balanced Advantage FundBalanced Fund9.16%ICICI Prudential Equity & Debt FundEquity Fund11.11%27 more rows•Jul 12, 2020

How do I know which SIP is best?

If you are risk-averse and prefer a consistent inflow of money, then choose an SIP with debt funds. On the other hand, if you have the risk appetite to invest in the stock market for the long term, then choose an SIP with equity mutual funds.

Which SIP is best for 2 years?

Aditya Birla Sun Life Savings Fund.ICICI Prudential Ultra Short Term Fund.Kotak Savings Fund.UTI Ultra Short Term Fund.Indiabulls Ultra Short Term Fund.Invesco India Ultra Short Term Fund.IDBI Ultra Short Term Fund.Nippon India Ultra Short Duration Fund.More items…•

Which SIP should I invest in 2020?

Best SIP Plans for the Year 2020Fund NameMonthly Investment5 years ReturnICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%Nippon India large Cap Fund500010.9%6 more rows•Aug 24, 2020

What is Blue Chip Fund?

A blue-chip mutual fund is the one that invests in blue-chip stocks or shares, i.e. in well-established companies with excellent overall financial performance. In this article, we will learn more about blue-chip funds, how they work and much more. Origin of Blue Chip.

Is HDFC SIP good?

Due to the SIP’s investing style, investors don’t need to time the market. HDFC Mutual Fund, being India’s one of the prominent AMCs, investors always prefer the SIP funds offered by the company….Returns for HDFC Growth Opportunities Fund.DurationReturns6 Month35.2%1 Year5.7%3 Year3.8%5 Year7.4%5 more rows•6 days ago

Is SIP tax free?

Do all investments through SIP have tax benefits? Only investments in ELSS mutual funds through SIP have tax exemption of up to Rs 1.5 lakh a year under Section 80C.

Is SIP better than RD?

In a RD scheme, you have to deposit a fixed amount on a monthly basis. SIP is better option than RDs when talked about liquidity. You can close SIP and withdraw money without paying any penalty. RD is a liquid scheme but you can go for premature withdrawals.

Which investment plan is best?

Here is a look at the top 10 investment avenues Indians look at while saving for their financial goals.Equity mutual funds. … Debt mutual funds. … National Pension System (NPS) … Public Provident Fund (PPF) … Bank fixed deposit (FD) … Senior Citizens’ Saving Scheme (SCSS) … Real Estate. … Gold.More items…•

Which SIP is best for long term?

Large-Cap SchemesScheme Name5-Year Monthly SIP10-Year Monthly SIPICICI Pru Top 100 Fund (G)Rs.9,41,591Rs.27,57,958Quantum LT Equity Fund (G) – Direct PlanRs.9,15,695Rs.28,82,955Reliance Growth Fund (G)Rs.10,75,057Rs.30,73,348SBI BlueChip Fund – Reg (G)Rs.9,55,955Rs.28,57,3436 more rows

Should I invest lump sum or SIP?

The lump sum of Rs 1,20,000 can be invested in a staggered manner through a SIP (Systematic Investment Plan). Under SIPs, you invest a small amount regularly, say can be Rs 10,000 a month over twelve instalments. SIP is an ideal choice if you don’t have a lump sum to invest.

Is Axis Bluechip fund good?

The Axis Bluechip Fund aims to outperform the benchmark with risk lower than the benchmark. Axis Bluechip Fund holds asset class benefits. Equity as an asset class holds the potential to beat inflation and generate long term wealth.

Should I invest in SIP now?

Many investors also have the misconception that SIP should not be started when markets are trading at higher levels. It is almost impossible to predict short-term market movement. … Hence, if you are planning for long-term capital appreciation, then begin investing in a SIP as soon as you can.