Top NPS mutual funds with highest SIP returns in 1 year: Know what Rs 10,000 monthly SIP has turned into in each fund
Top 5 NPS Mutual Funds: National Pension System is a market-linked retirement scheme aimed at providing a lump sum amount and a monthly pension to the NPS account holder. NPS schemes invest money in fixed income options such as government securities and corporate bonds, and market-linked options such as equity. NPS account holders can select the NPS scheme and equity exposure (up to 75 per cent). Equity funds (E category funds) most likely give the best returns among all NPS investment options. Almost all NPS equity funds follow the Nifty 50 index. Given the rise of the share market in the last one year, all E-category NPS Tier I funds have given up to a 42.31 per cent CAGR return in the one year and up to a 52% SIP return (XIRR) in the same time frame. In this write-up, know the performance of the top 5 funds in terms of lump sum and SIP investments and what Rs 10,000 monthly SIP each of the funds has given in the one year. (Data: Value Research)
Photos: Unsplash/Pixabay
Tata Pension Management Private Limited - Scheme E - TIER I
The NPS Tier I E category fund from Tata has given 42.31 per cent CAGR in the one-year period, while its annualised SIP returns (XIRR) are 49.67 per cent in the same time frame. The fund has an asset base of Rs 918 crore, while its net asset value (NAV) is Rs 15.78. With Nifty 50 as its benchmark, the fund has 96.27 per cent of its investment in equity and 3.61 per cent in debt. The fund has invested in financial, energy and utilities, technology, and industrials. The main stocks in its portfolio are Reliance Industries, HDFC Bank, ICICI Bank, Larsen & Toubro, and Axis Bank.
A Rs 10,000 monthly investment in the fund has turned into Rs 147,010.
UTI Retirement Solutions - Scheme E - TIER I
The fund's lump sum return in a year is 40.64 per cent, while its SIP returns are the best among all Category E funds at 51.93 per cent. The fund has assets under management (AUM) of Rs 2,457 crore, while its NAV is priced at Rs 71.92. The fund has 98.71 per cent of its investment in equities and 0.43 per cent in debt. It has invested mainly in the financial, energy and utilities, technology, and consumer and discretionary sectors. The main stocks in its portfolio are ICICI Bank, Reliance Industries, HDFC Bank, Infosys, and State Bank of India.
A Rs 10,000 monthly investment in the scheme has turned into Rs 148,160 in the one year.
ICICI Prudential Pension Fund - Scheme E - TIER I
The fund's one-year CAGR is 38.82 per cent, while its XIRR is 46.56 per cent in the same period. The fund has an asset base of Rs 14,986 crore, while its NAV is worth Rs 72.55. The fund with Nifty 50 as its benchmark has 97.91 per cent of its investment in equity and 0.14 per cent in debt. The fund has mainly invested in the financial, energy and utilities, consumer discretionary, and technology sectors. The main stocks in its portfolio are ICICI Bank, Reliance Industries, HDFC Bank, Bharti Airtel, and Larsen & Toubro.
A Rs 10,000 monthly investment in the fund has grown to Rs 145,420 in the one-year period.
Kotak Pension Fund - Scheme E - TIER I
The company has given a 36.57 per cent annualised return in the one-year period, while its annualised SIP returns are 44.29 per cent. The fund has an asset base of Rs 2,416 crore, while its NAV is Rs 66.18. With Nifty 50 as its benchmark, the fund has mainly invested in the financial, technology, energy and utilities, and consumer staples sectors. HDFC Bank, RIL, ICICI Bank, Infosys, Bharti Airtel, and NTPC are the main stocks in its portfolio.
A Rs 10,000 monthly investment in the fund has a total value of Rs 144,290 in the one year.
Max Life Pension Fund Management Limited - Scheme E - TIER I
The fund has a CAGR of 36.39 per cent in the one-year time frame. During the same period, its SIP returns are 45.29 per cent. The fund has an asset base of Rs 285 crore, while its NAV is worth Rs 14.50. The fund has 97.13 per cent of its investments in equity and 0.14 per cent in debt. Benchmarked at Nifty 50, it has mainly invested in the financial, technology, energy and utilities, industrial, and consumer and discretionary sectors. The main stocks in its portfolio are HDFC Bank, RIL, ICICI Bank, Infosys, Bharti Airtel, and NTPC.
A Rs 10,000 monthly investment in the fund has given Rs 144,760 in the one-year period.