Top 7 Index Mutual Funds With Best SIP Returns in 10 Years: Rs 15,000 monthly SIP in No. 1 fund has turned into Rs 48.70 lakh
Top 7 index funds with highest SIP returns in 10 years: If an index fund is following the Nifty 50 index, it will have the stocks of the same companies as in the index. If a company moves out of Nifty 50 and a new firm moves up, the index fund will also change the composition in the same way. Index funds can be good for beginners, as here they just need to track the index.
Top 7 index funds with highest SIP returns in 10 years: Index mutual funds are passive funds that follow an index. The index may be Nifty 50, Nifty Next 50, BSE 500, etc. The fund manager in an index mutual fund takes the same stock composition as the index the fund follows. E.g., if an index fund is following the Nifty 50 index, it will have the stocks of the same companies as in the index. If a company moves out of Nifty 50 and a new firm moves up, the index fund will also change the composition in the same way. Index funds can be good for beginners, as here they just need to track the index. In this write-up, we will take you through the top 7 index mutual funds that have given the highest SIP returns in the 10-year period, and what Rs 15,000 monthly SIP in each has given in the same time frame.
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ICICI Prudential Nifty Next 50 Index Direct-Growth
The fund at the top has given 18.90 per cent SIP returns in the 10-year time frame. It has assets under management (AUM) of Rs 6,644 crore, while its net asset value (NAV) is Rs 69.739. Benchmarked against NIFTY Next 50 TRI, the fund has given 17.11 per cent annualised return (CAGR) since its inception in January 2013.
ICICI Prudential Nifty Next 50 Index Direct-Growth
At an expense ratio of 0.31 per cent, the fund has Rs 105 as the minimum lump sum and SIP investment.
A Rs 15,000 monthly SIP in the fund in 10 years, or a total of Rs 18 lakh investment, has turned into Rs 48.69 lakh.
LIC MF Nifty 50 Index Fund Direct-Growth
The fund has given 18.1 per cent annualised SIP returns in the 10-year time frame. It has an asset base of Rs 328 crore, while its NAV is Rs 55.9392. Benchmarked against Nifty 50 Total Return, the fund has given 13.12 per cent annualised returns since its inception in September 2010.
LIC MF Nifty 50 Index Fund Direct-Growth
With an expense ratio of 0.90 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 15,000 monthly SIP in the fund has grown to Rs 46.60 lakh.
Sundaram Nifty 100 Equal Weight Fund Direct-Growth
The fund has given per cent 17.25 annualised SIP return in the 10-year period. The fund has AUM of Rs 93 crore, while its NAV is Rs 192.871. Benchmarked against NIFTY 100 Equal Weighted TRI, the fund has given 14.04 per cent annualised return since its inception in January 2013.
Sundaram Nifty 100 Equal Weight Fund Direct-Growth
With an expense ratio of 0.56 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP in the fund has grown to Rs 44.53 lakh.
Bandhan Nifty 50 Index Fund Direct Plan-Growth
The fund has given 16.13 per cent annualised SIP return in the 10-year period. The fund has AUM of Rs 1,444 crore, while its NAV is Rs 55.53. Benchmarked against Nifty 50 Total Return, the fund has given 14.23 per cent annualised return since its inception in January 2013.
Bandhan Nifty 50 Index Fund Direct Plan-Growth
With an expense ratio of 0.10 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP in the fund has grown to Rs 41.94 lakh.
UTI Nifty 50 Index Fund Direct-Growth
The fund has given 16.05 per cent annualised SIP return in the 10-year period. The fund has AUM of Rs 19,357 crore, while its NAV is Rs 174.61. Benchmarked against Nifty 50 Total Return, the fund has given 14.1 per cent annualised return since its inception in January 2013.
UTI Nifty 50 Index Fund Direct-Growth
With an expense ratio of 0.18 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP in the fund has grown to Rs 41.76 lakh.
HDFC Index Fund Nifty 50 Plan Direct -Growth
The fund has given per cent 15.99 annualised SIP return in the 10-year period. The fund has AUM of Rs 17,621 crore, while its NAV is Rs 242.9935. Benchmarked against Nifty 50 Total Return, the fund has given 14.23 per cent annualised return since its inception in January 2013.
HDFC Index Fund Nifty 50 Plan Direct -Growth
With an expense ratio of 0.20 per cent, the fund has Rs 105 as the minimum SIP and lump sum investment.
A Rs 15,000 monthly SIP in the fund has grown to Rs 41.62 lakh.
Tata Nifty 50 Index Direct
The fund has given 15.97 per cent annualised SIP return in the 10-year period. The fund has AUM of Rs 859 crore, while its NAV is Rs 169.15. Benchmarked against Nifty 50 Total Return, the fund has given 14.19 per cent annualised return since its inception in January 2013.
Tata Nifty 50 Index Direct
With an expense ratio of 0.20 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP in the fund has grown to Rs 41.57 lakh.