Top 7 Index Mutual Funds With Best SIP Returns in 5 Years: Rs 15,000 monthly SIP investment in No. 1 fund has jumped to Rs 19.07 lakh; what about others?
Top 7 Index Mutual Funds With Highest SIP Returns in 5 Years: Index mutual funds are passive funds that follow an index. They come with a low expense ratio and can be a good choice for beginners with little knowledge of mutual funds. With the rise of the share market in the long term, many index funds have been benchmark beaters.
Top 7 index mutual funds with best SIP returns in 5 years: Investors who want to invest in mutual funds or those who can't give much time to track their investments have one thing in common. They find it difficult to select the right mutual fund schemes for them either for the lack of knowledge or the lack of time. What can they do to overcome this problem? They can either educate themselves or hire a consultant to invest on their behalf. Or, if they are unable to do either task, they can invest in a scheme where they don't have to do much home work. Index mutual funds can be a choice for such investors. Index funds invest in equity, equity-related instruments, or bonds, mimicking the index that they. If an index fund is following the Nifty 50 index, it will have the 50 stocks in the same proportion as the index has. The fund manager will change the composition when the new companies are included and the old ones move out of Nifty 50. Index funds are passive funds and have a low expense ratio.
In this write-up, know about the top 7 index mutual funds in terms of highest annualised SIP returns (XIRR) and know how a Rs 15,000 monthly SIP investment has performed in all of them in 5 years.
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Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth
The mid cap index fund has given 30.56 per cent annualised SIP returns in the 5-year period.
It has assets under management (AUM) of Rs 1,949 crore, while its net asset value (NAV) is Rs 37.57.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 28.83 per cent annualised returns since its launch in August 2019.
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth
At an expense ratio of 0.3 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 510 as the minimum lump sum investment.
A Rs 15,000 monthly SIP in the fund in 5-year time frame, or a total investment of Rs 9 lakh, has turned into Rs 19.07 lakh.
Motilal Oswal Nasdaq 100 FOF Direct - Growth
The fund has given 20.54 per cent annualised SIP returns in the 5-year time frame.
It has AUM of Rs 5,035 crore, while its NAV is Rs 35.05.
Benchmarked against Nasdaq 100 TRI, the fund given 22.55 per cent annualised returns since its debut in November 2018.
Motilal Oswal Nasdaq 100 FOF Direct - Growth
With an expense ratio of 0.24 per cent, the fund has Rs 500 as the minimum SIP investment.
A Rs 15,000 monthly SIP in the fund has jumped to Rs 15 lakh in 5 years.
Axis Nifty 100 Index Fund Direct-Growth
The fund has given 18.79 per cent annualised SIP returns in 5 years.
It has an asset base of Rs 1,751 crore, while its NAV is Rs 22.1.
Benchmarked against NIFTY 100 TRI, the fund given 17.1 per cent annualised returns since its inception 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 15,000 monthly SIP in the fund has swelled to Rs 14.38 lakh in the 5-year period.
ICICI Prudential Nifty 50 Index Direct Plan-Growth
The fund has given 17.98 per cent annualised SIP returns in the 5-year time frame.
It has AUM of Rs 11,904 crore, while its unit price is Rs 251.79.
Benchmarked against Nifty 50 Total Return, the fund given 13.55 per cent annualised returns since its starting in January 2013.
ICICI Prudential Nifty 50 Index Direct Plan-Growth
With an expense ratio of 0.17 per cent, the fund has Rs 105 as the minimum SIP investment and Rs 105 as the minimum lump sum investment.
A Rs 15,000 monthly SIP in the fund has grown to Rs 14.1 lakh in the 5-year time frame.
Bandhan Nifty 50 Index Fund Direct Plan-Growth
The fund has given 18.08 per cent annualised SIP returns in the 5-year period.
It has an asset base of Rs 1,629 crore, while its unit price is Rs 53.21.
Benchmarked against Nifty 50 Total Return, the fund given 22.55 per cent annualised returns since its beginning in January 2013.
Bandhan Nifty 50 Index Fund Direct Plan-Growth
At an expense ratio of 0.1 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 jumped to Rs 14.13 lakh in 5 years.
UTI Nifty 50 Index Fund Direct-Growth
The fund has given 18.03 per cent annualised SIP returns in 5 years.
Its AUM is Rs 20,432 crore, while its NAV is Rs 167.36.
Benchmarked against Nifty 50 Total Return, the fund given 13.48 per cent annualised returns since its inception in January 2013.
UTI Nifty 50 Index Fund Direct-Growth
With an expense ratio of 0.19 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 converted into Rs 14.11 lakh in the 5-year period.
SBI Nifty Index Direct Plan-Growth
The fund has given 17.98 per cent annualised SIP returns in the 5-year time frame.
It has an asset base of Rs 8,729 crore, while its NAV is Rs 222.69.
Benchmarked against Nifty 50 Total Return, the fund given 22.55 per cent annualised returns 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 15,000 monthly SIP in the fund has swelled to Rs 14.1 lakh in the 5-year time frame.