Top 7 Mutual Funds With Up To 83% SIP Returns in 1 Year: No. 1 fund has turned Rs 25,000 monthly SIP into Rs 4.23 lakh; know how others have fared
Top 7 SIP Mutual Funds With Highest SIP Returns in 1 Year: SIP remains an evergreen option as investors don't need to time market in this method of mutual fund investing. SIP investments are rising faster than lump sum investments, monthly data released by the Association of Mutual Funds in India (AMFI) bears testimony to that.
Top 7 SIP Mutual Funds With Highest SIP Returns in 1 Year: Even as BSE Sensex and Nifty 50 are scaling new heights every other day, equity mutual funds are also following in their footsteps. In a rising market, investors, however, are in a dilemma about whether to invest through systematic investment plan (SIP) or lump sum. SIP remains an evergreen option as investors don't need to time market in this method of mutual fund investing. SIP investments are rising faster than lump sum investments, monthly data released by the Association of Mutual Funds in India (AMFI) bears testimony to that. In this write-up, learn about the top 7 mutual fund schemes that have given the highest annualised SIP returns (XIRR) in the 1-year period. Also, know how Rs 25,000 monthly SIP has evolved in each of them.
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Motilal Oswal Midcap Fund - Direct Plan
The mid cap fund has given 83.04 per cent annualised SIP returns in the 1-year period.
It has assets under management (AUM) of Rs 15,940 crore, while its net asset value (NAV) is Rs 122.7700.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 26.73 per cent annualised returns (CAGR) since its inception in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
At an expense ratio of 0.60 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment.
A Rs 25,000 monthly SIP in the fund in 1 year, or a total investment of Rs 3 lakh, has turned into Rs 4,22,423 in the 1-year time frame.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
The fund has given 82.54 per cent annualised SIP returns in the 1-year time frame.
It has an asset base of Rs 3,984 crore, while its unit price is Rs 63.4889.
Benchmarked against NIFTY 500 TRI, the fund has given 21.04 per cent annualised return since its debut in January 2015.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
With an expense ratio of 0.65 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment.
A Rs 25,000 monthly SIP in the scheme has jumped to Rs 4,21,747 in 1 year.
Invesco India Focused Fund - Direct Plan
The fund has given 76.67 per cent annualised SIP returns in 1 year.
It has AUM of Rs 3,080 crore, while its NAV is Rs 31.3000.
Benchmarked against BSE 500 TRI, the fund has given 33.17 per cent annualised return since its launch in September 2020.
Invesco India Focused Fund - Direct Plan
At an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the scheme has swelled to Rs 4,13,701 in the 1-year period.
Motilal Oswal Large and Midcap Fund - Direct Plan
The fund has given 78.87 per cent annualised SIP returns in the 1-year period.
Its AUM is Rs 5,811 crore, while its unit price is Rs 37.4126.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund has given 30.62 per cent annualised return since its starting in October 2019.
Motilal Oswal Large and Midcap Fund - Direct Plan
With an expense ratio of 0.54 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment.
A Rs 25,000 monthly SIP in the scheme has converted into Rs 4,16,726 in the 1-year time frame.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan
The fund has given 69.56 per cent annualised SIP returns in the 1-year time frame.
It has an asset base of Rs 4,808 crore, while its NAV is Rs 41.4900.
Benchmarked against BSE Healthcare TRI, the fund has given 25.78 per cent annualised return since its debut in July 2018.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan
At an expense ratio of 1.07 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the scheme has grown to Rs 4,03,855 in 1 year.
LIC MF Infrastructure Fund - Direct Plan
The fund has given 72 per cent annualised SIP returns in 1 year.
It has AUM of Rs 725 crore, while its NAV is Rs 57.7605.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 17.73 per cent annualised return since its inception in January 2013.
LIC MF Infrastructure Fund - Direct Plan
With an expense ratio of 1.38 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the scheme has swelled to Rs 4,07,241 in the 1-year period.
Edelweiss Mid Cap Fund - Direct Plan
The fund has given 71.48 per cent annualised SIP returns in the 1-year period.
It has an asset base of Rs 7,401 crore, while its unit price is Rs 118.7540.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 24.31 per cent annualised return since its launch in January 2013.
Edelweiss Mid Cap Fund - Direct Plan
At an expense ratio of 0.38 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment.
A Rs 25,000 monthly SIP in the scheme has jumped to Rs 4,06,526 in the 1-year time frame.