Top 6 NPS Mutual Funds With Best SIP Returns in 10 Years: No. 1 fund has turned Rs 10,000 monthly SIP into Rs 30.19 lakh; here how others have performed
Top 6 NPS Mutual Funds With Best SIP Returns in 10 Years: Since the Nifty 50 has been on a roll for over a year, all NPS Tier I mutual funds have given over 34 per cent annualised return in 1 year. If we talk about the long term, even the lowest-performing fund (LIC Pension Fund) has given 13.20 per cent annualised return (CAGR), while the top performer (UTI Pension Fund) has given 14.50 per cent annualised return in the 10-year period.
Top 6 NPS Mutual Funds With Best SIP Returns in 10 Years: National Pension System (NPS) has evolved into an effective investment tool for retirement planning, given its steady growth over the years. All Tier I NPS mutual funds track Nifty 50, which provides them stability in the long term. Since the Nifty 50 has been on a roll for over a year, all NPS Tier I mutual funds have given over 34 per cent annualised return in 1 year. If we talk about the long term performance, even the lowest performing fund (LIC Pension Fund) has given 13.20 per cent annualised return (CAGR), while the top performer (UTI Pension Fund) has given 14.50 per cent annualised return in the 10-year period. In this write-up, we take you through the journey of the top 6 Tier I NPS equity mutual funds that have given the highest annualised SIP returns (XIRR) in 10 years (As per Value Research data). We will also tell how the Rs 10,000 monthly SIP in each fund has performed in the last decade.
Photos: Unsplash/Pixabay
UTI Retirement Solutions - Scheme E - TIER I
The fund has given 17.81 per cent annualised SIP returns in the 10-year period.
It has assets under management (AUM) of Rs 2,732 crore, while its net asset value (NAV) is Rs 75.85.
The fund that tracks Nifty 50 has 97.90 per cent of its investments in equity and 1.77 per cent in cash and cash equivalent.
UTI Retirement Solutions - Scheme E - TIER I
ICICI Bank, RIL, HDFC Bank, Infosys, and NTPC are the top holdings in its portfolio.
A Rs 10,000 monthly SIP in the fund in 10 years, or a total of Rs 12 lakh investment, has turned into Rs 30,18,910.
HDFC Pension Fund - Scheme E - TIER I
The fund has given 17.46 per cent annualised SIP returns in the 10-year time frame.
It has AUM of Rs 46,943 crore, while its NAV is Rs 75.85.
The fund that tracks Nifty 50 has 98.14 per cent of its investments in equity and 1.73 per cent in debt.
HDFC Pension Fund - Scheme E - TIER I
The fund's main holdings are HDFC Bank, ICICI Bank, RIL, Infosys, Bharti Airtel, and SBI.
A Rs 10,000 monthly SIP in the fund has grown to Rs 29,63,000 in 10 years.
ICICI Prudential Pension Fund - Scheme E - TIER I
The fund has given 17.44 per cent annualised SIP returns in 10 years.
It has an asset base of Rs 16,994 crore, while its unit price is Rs 75.2895.
The fund that tracks Nifty 50 has 96.88 per cent of its investments in equity and 2.79 per cent in cash and cash equivalents.
ICICI Prudential Pension Fund - Scheme E - TIER I
The fund's main holdings are ICICI Bank, HDFC Bank, Infosys, RIL, Bharti Airtel, and Mahindra and Mahindra.
A Rs 10,000 monthly SIP in the fund has turned into Rs 29,60,400 in the 10-year period.
Kotak Pension Fund - Scheme E - TIER I
The fund has given 17.40 per cent annualised SIP returns in the 10-year time frame.
Its AUM is Rs 2,598 crore, while its unit price is Rs 69.4701.
The fund that tracks Nifty 50 has 94.08 per cent of its investments in equity and 5.86 per cent in debt.
Kotak Pension Fund - Scheme E - TIER I
Its main holdings are HDFC Bank, RIL, Infosys, ICICI Bank, Bharti Airtel, and Tech Mahindra.
A Rs 10,000 monthly SIP in the fund has jumped to Rs 29,55,980 in the 10-year time frame.
LIC Pension Fund - Scheme E - TIER I
The fund has given 16.51 per cent annualised SIP returns in the 10-year period.
It has AUM of Rs 6,131 crore, while its NAV is Rs 46.7434.
The fund that tracks Nifty 50 has 98.72 per cent of its investments in equity and 0.69 per cent in cash and cash equivalents.
LIC Pension Fund - Scheme E - TIER I
The fund's main holdings are RIL, HDFC Bank, ICICI Bank, Infosys, Larsen and Toubro, and SBI.
A Rs 10,000 monthly SIP in the fund has swelled to Rs 28,18,360 in 10 years.
SBI Pension Fund - Scheme E - TIER I
The fund has given 16.07 per cent annualised SIP returns in the 10-year period.
It has an asset base of Rs 19,603 crore, while its NAV is Rs 59.2894.
The fund that tracks Nifty 50 has 99.10 per cent of its investments in equity and 0.89 per cent in debt.
SBI Pension Fund - Scheme E - TIER I
RIL, HDFC Bank, ICICI Bank, and L&T are the top holdings in its portfolio.
A Rs 10,000 monthly SIP in the fund in 10 years, or a total of Rs 12 lakh investment, has given a total of Rs 27,5,325.