Best Mutual Funds For SIP: In the equity market, where the record is fast, now the returns in mutual funds are also coming back on track. Talking about equity mutual funds, now the returns of 3 to 5 years are coming from negative to positive. However, experts looking at the high valuation of the stock market are advising to choose the path of SIP instead of a lump sum investment. Instead of making a lump sum investment in a preferred scheme through SIP, you can invest a fixed amount every month according to your convenience. Macro environments are looking good in the country. Demand is paying off. Consumption is improving. GST collection is at record high. In such a situation, the economy will continue to recover. In this condition, domestic companies will get benefit. Expert says that the lordcap has already climbed, so right now one should choose the best scheme from midcap, lodge and midcap and smallcap segment.
Axis Midcap Fund (Mid-Cap)
Return on 5-year SIP: 21%
10,000 Monthly SIP Value in 5 Years: Rs 9.88 Lakh
Minimum SIP: Rs 500
Return on lump sum investment in 5 years: 17%
Value of 1 lakh investment in 5 years: Rs 2.19 lakh
Minimum investment: Rs 5000
Type: Open Ended
Assets: 7,878 crore (November 30, 2020)
Expense Ratio: 0.55% (November 30, 2020)
Risk Grade: Low
Invesco India Midcap (Mid-Cap)
Return on 5-year SIP: 17%
10,000 Monthly SIP Value in 5 Years: Rs 9.11 Lakh
Minimum SIP: Rs 500
Return on lump sum investment in 5 years: 15%
Value of 1 lakh investment in 5 years: Rs 2 lakh
Minimum investment: Rs 1000
Type: Open Ended
Assets: 1229 Crore (December 31, 2020)
Expense Ratio: 0.73% (November 30, 2020)
Risk grade: Below average
SBI Smallcap Fund (Small-Cap)
Return on 5-year SIP: 20%
10,000 Monthly SIP Value in 5 Years: Rs 9.86 Lakh
Minimum SIP: Rs 500
Return on lump sum investment in 5 years: 17.5%
Value of 1 lakh investment in 5 years: Rs 2.24 lakh
Minimum investment: Rs 5000
Type: Open Ended
Assets: 6,202 crore (November 30, 2020)
Expense Ratio: 0.90% (November 30, 2020)
Risk grade: Below average
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Mirae Asset Emerging Bluechip (Lorge & Midcap)
Return on 5-year SIP: 19.77%
Value of 10,000 Monthly SIP in 5 years: Rs 9.69 lakh
Minimum SIP: 1000 rupees
Return on lump sum investment in 5 years: 19%
Value of 1 lakh investment in 5 years: Rs 2.38 lakh
Minimum investment: Rs 5000
Type: Open Ended
Assets: 13405 crores (November 30, 2020)
Expense Ratio: 0.74% (November 30, 2020)
Risk grade: Below average
Canara Robeco Emerging Equity Fund (Lorge & Midcap)
Return on 5-year SIP: 17%
10,000 Monthly SIP Value in 5 Years: Rs 9.16 Lakh
Minimum SIP: 1000 rupees
Return on lump sum investment in 5 years: 15.76%
Value of 1 lakh investment in 5 years: Rs 2.08 lakh
Minimum investment: Rs 5000
Type: Open Ended
Assets: 6880 crores (November 30, 2020)
Expense Ratio: 0.76% (November 30, 2020)
Risk Grade: Average
(Note: Based on a conversation with AK Nigam, Director & CEO of BPN Fincap Pvt. Ltd., the fund information is given based on the performance of the last 5 years. Considering the market risk, consult an advisor before investing .)