Top 6 NPS Mutual Funds With Best SIP Returns in 10 Years: No. 1 fund has converted Rs 10,000 monthly investment into Rs 28,58,470; know about others
Top 6 NPS Mutual Funds With Best SIP Returns in 10 Years: In National Pension System (NPS), the account holders can invest in NPS equity mutual funds. These funds follow the Nifty 50 index and have given stable returns in the long run.
Top 6 NPS Mutual Funds With Best SIP Returns in 10 Years: National Pension System (NPS) is a market-linked scheme where NPS account holders can pick up to 75 per cent equity exposure based on their age and risk appetite. In equity, their money is invested in NPS mutual funds, which the account holders are also allowed to pick as per their choices. If they want, they can also switch funds twice in a year. These mutual funds follow the Nifty 50 index. The Nifty 50 index is one of the two national benchmark indices. It has given consistent returns of over 14 per cent in the 10-year period. Since NPS mutual funds also follow the Nifty 50 index, they are also known to give stable returns in the long run. In this write-up, know about the top 7 NPS mutual funds with the best annualised SIP returns (XIRR) in the 10-year period. Also know which has given the highest return on a Rs 10,000 monthly investment in 10 years.
Photos: Unsplash/Pixabay
UTI Retirement Solutions - Scheme E - TIER I
The fund has given 16.56 per cent annualised SIP returns in 10 years.
It has assets under management (AUM) of Rs 2,972 crore, while its net asset value (NAV) is Rs 71.8164.
Benchmarked against NIFTY 50, the fund given 13.61 per cent annualised returns since its debut in May 2009.
UTI Retirement Solutions - Scheme E - TIER I
The fund has 97.77 per cent of its investments in equity, 0.39 per cent in debt, and 1.84 per cent in cash and cash equivalent.
ICICI Bank, HDFC Bank, RIL, Infosys, and Axis Bank are the main holdings in its portfolio.
A Rs 10,000 monthly SIP in the fund in 10 years, or a total investment of Rs 12,00,000, has jumped to Rs 28,58,470 in the 10-year period.
ICICI Prudential Pension Fund - Scheme E - TIER I
The fund has given 16.22 per cent annualised SIP returns in the 10-year period.
It has AUM of Rs 17,717 crore, while its NAV is Rs 71.3903.
Benchmarked against Nifty 50, the fund given 13.56 per cent annualised returns since its launch in May 2009.
ICICI Prudential Pension Fund - Scheme E - TIER I
The fund has 98.20 per cent of its investments in equity, 0.09 per cent in debt, and 1.70 per cent in cash and cash equivalent.
The main holdings in its portfolio are ICICI Bank, HDFC Bank, Infosys, RIL, and Bharti Airtel.
A Rs 10,000 monthly SIP in the fund has converted into Rs 28,07,080 in the 10-year time frame.
HDFC Pension Fund - Scheme E - TIER I
The fund has given 16.16 per cent annualised SIP returns in the 10-year time frame.
It has AUM of Rs 49,035 crore, while its unit price is Rs 52.6027.
Benchmarked against Nifty 50, the fund given 12.92 per cent annualised returns since its inception in May 2009.
HDFC Pension Fund - Scheme E - TIER I
The fund has 96.05 per cent of its investments in equity, 0.16 per cent in debt, and 3.79 per cent in cash and cash equivalent.
HDFC Bank, ICICI Bank, RIL, Infosys, and Bharti Airtel are the main holdings in its portfolio.
A Rs 10,000 monthly SIP in the fund has swelled to Rs 27,98,160 in 10 years.
Kotak Pension Fund - Scheme E - TIER I
The fund has given 16.09 per cent annualised SIP returns in 10 years.
It has an asset base of Rs 2,680 crore, while its NAV is Rs 65.5181.
Benchmarked against Nifty 50, the fund given 13.56 per cent annualised returns since its beginning in May 2009.
Kotak Pension Fund - Scheme E - TIER I
The fund has 98.20 per cent of its investments in equity, 0.09 per cent in debt, and 1.70 per cent in cash and cash equivalent.
The main holdings in the fund's portfolio are ICICI Bank, HDFC Bank, Infosys, RIL, and Bharti Airtel.
A Rs 10,000 monthly SIP in the fund has jumped to Rs 27,87,820 in the 10-year period.
LIC Pension Fund - Scheme E - TIER I
The fund has given 15.24 per cent annualised SIP returns in the 10-year period.
It has an asset base of Rs 6,294 crore, while its unit price is Rs 44.1714.
Benchmarked against Nifty 50, the fund given 14.08 per cent annualised returns since its starting in July 2013.
LIC Pension Fund - Scheme E - TIER I
The fund has 98.42 per cent of its investments in equity, 0.87 per cent in debt, and 0.71 per cent in cash and cash equivalent.
HDFC Bank, RIL, ICICI Bank, Infosys, and Larsen & Toubro are the main holdings in its portfolio.
A Rs 10,000 monthly SIP in the fund has grown to Rs 26,63,290 in the 10-year time frame.
SBI Pension Fund - Scheme E - TIER I
The fund has given 14.85 per cent annualised SIP returns in the 10-year time frame.
Its AUM is Rs 19,819 crore, while its NAV is Rs 56.1759.
Benchmarked against Nifty 50, the fund given 11.76 per cent annualised returns since its debut in May 2009.
SBI Pension Fund - Scheme E - TIER I
The fund has 99.40 per cent of its investments in equity and 0.60 per cent in cash and cash equivalent.
The main holdings in its portfolio are ICICI Bank, HDFC Bank, RIL, Bharti Airtel, and SBI.
A Rs 10,000 monthly SIP in the fund has swelled to Rs 26,08,660 in 10 years.