Best SIP Mutual Funds to Invest in 2017
The mutual fund is one of the best form of investment where a pool of resources is created by the money invested or pooled by multiple large number of investments towards a fund. The money is then managed by an expert known as the fund manager. The investment can be done either as a lump sum by the investors are under regular intervals in the form of a systematic investment plan (SIP). Let us have a look at the top robust best SIP Mutual Funds under the category of Large/Mid and small cap.
Table Content
Birla Sun Life Front Line Equity Fund
Birla Sun Life Front Line Equity Fund falls under the Large Cap category of the mutual funds. It is an open ended growth scheme. This fund aims to generate long term growth of your investments. The investment is directed purely towards equity based investments and equity related instruments into diversified sectors and industries.
Risk Profile: Medium to High
Asset Under Management (AUM): Rs 13,634 crores
CRISIL Rank: Rank 1
Fund Performance: The fund has shown excellent returns and provided 18% annualized returns in past 5 years.For a shorter term about 1 to 3 years, the investment offered 19% to 20% returns which puts it into a good short term investment as well. To be specific, the fund has offered 10.6% return for 3 months,19.3% for one year, 19.7% for three years and 18% for five years.
ICICI Pru Top 100 Mutual Fund
ICICI Pru Top 100 Mutual Fund is a large cap fund category. The investments under this fund are made into equities up to 95% and the remaining 5% is made into debts and other money market instruments. The fund offers capital appreciation if invested for a longer duration atleast for 10 years tenure.
Risk Profile: Medium to High
Asset Under Management (AUM): Rs 1,457 crores
CRISIL Rank: Rank 2
Fund Performance: The fund has shown good returns of about 17% annualized returns in past 5 years. For a shorter term about 1 to 3 years, it offered 22% to 23% returns which puts it into a good short term investment as well. To be specific, the fund has offered 13.6% return for 3 months, 23.8% for one year, 21.9% for three years and 17% for five years.
ICICI Pru Top 100 Fund
ICICI Pru Top 100 Fund is a Large cap fund which primarily invests on the behalf of market capitalization in the prominent 20 large cap companies out of 200 stocks listed on NSE. The fund offers a clear approach of investment with a standard investment strategy.
Risk Profile: Medium to High
Asset Under Management (AUM): Rs 11,868 crores
CRISIL Rank: Rank 3
Fund Performance: In the past 5 years,the fund has shown good returns of about 16.3% annualized returns. The fund has offered 10.5% return for 3 months, 17.5% for one year, 22.2% for three years and 16.3% for five years. It is good fund to invest via SIP for a long tenure of 10-20 years to reap maximum benefits.
Franklin India Smaller Companies Fund
Franklin India Smaller Companies Fund falls in the category of Mid cap/small cap category which targets to appreciate the investments from a mid cap and small cap entities. The fund invests up to 75% in the smaller categorization entities for gaining adequate returns on the investment.
Risk Profile: Low to medium
Asset Under Management (AUM): Rs 3,494 crores
CRISIL Rank: Rank 1
Fund Performance: In the past 5 years,the fund has shown a remarkable return of 29% annualized returns and 46% annualized return in the past 3 years of time frame. The fund has offered 12.9% return for 3 months, 26.4% for one year, 46.8% for three years and 29% for five years. This is one of the best funds to invest in the category of small cap fund for a tenure of 15 to 20 years.
DSP BlackRock Micro Cap Mutual Fund
DSP BlackRock Micro Cap Mutual Fund falls in the category of Mid cap/small cap category which aims to ttain long term market appreciation on the investments by investing in a stock portfolio. It investment is done in the portfolio that is excluded from the top 300 companies by market capitalization.
Risk Profile: Low to medium
Asset Under Management (AUM): Rs 3,399 crores
CRISIL Rank: Rank 1
Fund Performance: In the past 5 years,the fund has shown a remarkable return of 28% annualized returns as compared to 12%, which is a benchmark percentage. In the last 3 years, it has shown a significant investment of 54.4%. The fund has offered 12.6% return for 3 months, 26.6% for one year, 54.4% for three years and 28% for five years. This is one of the best funds to invest in the category of small cap fund for a longer term of more than 15 years.
Conclusion
It is imperative to select the fund keeping in mind your investment goal or aim in mind in terms of short term , medium term or long term goal. Another important point is to analyze your risk apetite, for higher risk you have equity linked SIP plans, for medium and low risk apetite you have hybrid or balanced mutual funds to invest into. Consult a financial planner in case you are not sure about your decision.
Sir, maine 5 fund me investment kiya hai , hdfc top 200 regular growth 1000 p.m., ( last 65 months 65000 ka 105000), hdfc balanced fund 500 p.m.( last 27 months 13500 ka 16727), sbi blue chip regular growth 500p.m.( last 23 months 11500 ka13785), uti mnc fund 500 p.m.( last 26 months 13000 ka 15608), uti opportunities fund regular 500 p.m.( last 22 months 11500 ka 13344) mera 20 saal ka goal hai, 2 daughters age 3 years or 1 month, meri 50 lakh ki requirement hai, kya fund change karun ya aise hi chalne du, plz suggest me,
Thanks for sharing this post. SIP is the most appropriate way of generating wealth and increasing your capital appreciation . Every beginner, willing to invest in Mutual Funds or any other option is always confused about which option to choose as the most suitable one. So it is very informative for them.