Top 7 Index Mutual Funds With up to 63% SIP Returns in 1 Year: Rs 25,000 monthly SIP in No. 1 fund is now worth Rs 3.94 lakh
Top 7 Index Funds With Best SIP Returns in 1 Year: An index mutual fund can follow BSE Sensex, Nifty 50, Nifty Midcap 100, Nifty Smallcap 100, BSE 500, or any other index. The fund manager will have the same stocks in the index mutual fund as in the index it is following. If a company moves out of the index and a new company comes in, the fund manager will also change the composition of stocks in the fund.
Top 7 Index Funds With Best SIP Returns in 1 Year: Index mutual funds track a particular index, hence are considered good for beginners with little knowledge of mutual funds. An index mutual fund can follow BSE Sensex, Nifty 50, Nifty Midcap 100, Nifty Smallcap 100, BSE 500, or any other index. The fund manager will have the same stocks in the index mutual fund as in the index it is following. If a company moves out of the index and a new company comes in, the fund manager will also change the composition of stocks in the fund. Another reason investors pick index funds is their lower expense ratio compared to other equity mutual funds. Since these are passive funds, investors just need to track index funds' performance rather than focussing much on their stock portfolio. Here, we take you through the top 7 index mutual funds in terms of highest SIP returns (XIRR) in 1 year and how Rs 25,000 monthly SIP in each fund have given in the same time frame.
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Motilal Oswal Nifty Next 50 Index Fund Direct - Growth
The fund at the top has given 62.64 per cent annualised SIP returns in the 1-year.
It has assets under management (AUM) of Rs 292 crore, while its net asset value (NAV) is Rs 26.74.
Benchmarked against NIFTY Next 50 TRI, the fund has given 23.22 per cent annualised returns (CAGR) since its launch in December 2019.
Motilal Oswal Nifty Next 50 Index Fund Direct - Growth
At an expense ratio of 0.35 per cent, the fund has Rs 500 as the minimum SIP and Rs 510 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund in 1 year, or a total investment of Rs 3,00,000, has grown to Rs 3.94 lakh.
UTI Nifty200 Momentum 30 Index Fund Direct - Growth
The fund has given 51.96 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 7,980 crore, while its NAV is Rs 25.22.
Benchmarked against Nifty 200 Momentum 30 TRI, the fund has given 30.22 per cent annualised return since its inception in February 2021.
UTI Nifty200 Momentum 30 Index Fund Direct - Growth
At an expense ratio of 0.46 per cent, the fund has Rs 500 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 converted into Rs 3.79 lakh in the 1-year period.
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth
The fund has given 49.92 per cent annualised SIP returns in the 1-year period.
It has an asset base of Rs 7,980 crore, while its unit price is Rs 40.05.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 31.37 per cent annualised return since its beginning in August 2019.
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth
At an expense ratio of 0.30 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 510 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the scheme has swelled to Rs 3.76 lakh in the 1-year period.
Mirae Asset Equity Allocator FoF Direct - Growth
The fund has given 39.69 per cent annualised SIP returns in 1 year.
Its AUM is Rs 879 crore, while its unit price is Rs 25.72.
Benchmarked against NIFTY 200 TRI, the fund has given 30.22 per cent annualised return since its debut in September 2020.
Mirae Asset Equity Allocator FoF Direct - Growth
At an expense ratio of 0.04 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 grown to Rs 3.61 lakh in the 1 year.
Axis Nifty 100 Index Fund Direct-Growth
The fund has given 37.15 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 1,695 crore, while its NAV is Rs 23.33.
Benchmarked against NIFTY 100 TRI, the fund has given 18.91 per cent annualised return since its launch in September 2019.
Axis Nifty 100 Index Fund Direct-Growth
At an expense ratio of 0.21 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 converted to Rs 3.57 lakh in the 1-year time frame.
Motilal Oswal Nifty 50 Index Fund Direct - Growth
The fund has given 32.81 per cent annualised SIP returns in the 1-year period.
It has an asset base of Rs 573 crore, while its unit price is Rs 21.75.
Benchmarked against Nifty 50 Total Return, the fund has given 18.14 per cent annualised return since its starting in December 2019.
Motilal Oswal Nifty 50 Index Fund Direct - Growth
At an expense ratio of 0.15 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 510 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the scheme has swelled to Rs 3.51 lakh in the 1 year.
SBI Nifty Index Direct Plan-Growth
The fund has given 32.75 per cent annualised SIP returns in 1 year.
It has AUM of Rs 8,484 crore, while its NAV is Rs 233.61.
Benchmarked against Nifty 50 Total Return, the fund has given 13.81 per cent annualised return since its debut in January 2013.
SBI Nifty Index Direct Plan-Growth
At an expense ratio of 0.2 per cent, the fund has Rs 500 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 3.51 lakh in the 1-year period.