SIP : For Anything & Everything!
Updated on 18-03-2021
If you are looking to invest in mutual fund schemes to meet your long-term financial goals and don't know how to go about creating your Portfolio.
SIP with mutual funds will be best the option to do so.
An SIP (Systematic Investment Plan) is a smart, hassle-free method of investing a fixed amount in a mutual fund scheme. It permits you to purchase units on a particular date every month in order to implement a saving plan. You can invest a particular amount at regular intervals. Your money will be auto-debited from your bank account each month and will be invested into a mutual fund scheme of your choice.
There is a saying ‘the early bird catches the worm’ holds true for an SIP, as you can benefit greatly from starting early. As capital markets have been highly volatile in the past few months. Investing in SIP will help you beat market fluctuations; there is no need to time the market.
You can start a SIP with as little as Rs.500, which you can set aside each month to start the habit of saving. This is a great option if you are looking to build a corpus, as you don’t need a lump sum to invest. A SIP allows you to choose the amount you wish to save along with the frequency of every installment inculcating disciplined approach towards investment.
If you don’t know where you’re putting your money, your money may not be able to find its way back to you. It is essential to understand the performance of funds to make the right investment decisions.
Here we have some best SIP Plans from various mutual fund categories based on their performance:
Scheme |
5 Year Returns |
Invest Online |
Axis Bluechip Fund - Growth |
17.24% |
|
PGIM India Midcap Opportunities Fund - Growth |
21.48% |
|
Kotak Small Cap Fund - Growth |
21.31% |
|
ICICI Prudential Multicap Fund - Growth |
13.87% |
|
Mirae Asset Tax Saver Fund - Regular Plan - Growth |
20.33% |
*Data as on 17th March 2021.
Whether you’re looking for equity funds, debt funds, liquid funds, tax-saving funds, or any other kind, there are top performers in each segment and thereby make informed investment decisions.
So, what are you waiting for? Start a SIP today!
You can also use GIIS Financial tools or Our Android App for Investment, tracking and Asset allocation planning.
*Mutual Fund Investments are subject to market risk, read all scheme related documents carefully.
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