Top 7 Index Mutual Funds With Best SIP Returns in 3 Years: No. 1 scheme has turned Rs 22,222 monthly SIP investment into Rs 16,26,892; see others' performance
Top 7 Index Mutual Funds With Highest SIP Returns in 3 Years: Index funds are passive funds that track an index. When an investor purchases an index fund, they invest in the same stocks and in the same proportions as the index. Index funds have a low expense ratio.
Top 7 Index Mutual Funds Best XIRR in 3 Years: For a new mutual fund investor, picking the right scheme can be a cumbersome task. While choosing a fund, they need to track factors such as the fund house's record, the scheme's duration and its short- and long-term returns, the fund manager's investment strategy, the fund portfolio, its alpha and beta ratios, standard deviation, etc. Tracking so many things simultaneously may not be easy. Once invested, investors also need to revisit the fund performance at least every six months. Can there be some alternative route? Index mutual funds have their investments in the stocks of the index that they track. E.g., if a fund is following a Nifty 50 index, it will have the same stocks as there are in the index. If new stocks are included in the index, the manager of the index fund will also include them; if some stocks slip from the index, the fund manager will also sell them. From an investor's perspective, they may find it easy to choose an index and leave the rest of the job to the fund manager. Since index funds are passive, they come up with a low expense ratio. For investors investing for the long term, a low expense ratio can help them gather a higher corpus compared to a fund giving the same return at a higher expense ratio. Know the top 7 index funds with highest annualised SIP returns (XIRR) in the 3-year period. Also know the return that all these funds have given on a monthly SIP investment of Rs 22,222 in the same time frame.
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Motilal Oswal Nasdaq 100 FOF Direct - Growth
The fund has given 42.58 per cent annualised SIP return in 3 years.
It has assets under management (AUM) of Rs 5,469 crore, while its net asset value (NAV) is Rs 44.96.
Motilal Oswal Nasdaq 100 FOF Direct - Growth
Benchmarked against Nasdaq 100 TRI, the fund has given 27.2 per cent annualised return since its launch in November 2018.
The scheme is currently not buyable.
A Rs 22,222 monthly SIP investment in the 3-year time frame, or a total investment of Rs 7,99,992, has swelled to Rs 16,26,892.04.
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth
The fund has given 32.56 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 1,986 crore, while its NAV is Rs 38.95.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 28.98 per cent annualised return since its inception 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 22,222 monthly SIP investment in 3 years has converted into Rs 13,64,109.67.
UTI Nifty200 Momentum 30 Index Fund Direct - Growth
The fund has given 30.13 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 8,334 crore, while its unit price is Rs 23.76.
Benchmarked against Nifty 200 Momentum 30 TRI, the fund has given 25.95 per cent annualised return since its debut in February 2021.
UTI Nifty200 Momentum 30 Index Fund Direct - Growth
With an expense ratio of 0.39 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 22,222 monthly SIP investment in the 3-year period has jumped to Rs 13,08,104.5.
Motilal Oswal Nifty Next 50 Index Fund Direct - Growth
The fund has given 29.17 per cent annualised SIP return in 3 years.
It has a fund size of Rs 2,415 crore, while its NAV is Rs 25.31.
Benchmarked against NIFTY Next 50 TRI, the fund has given 20.59 per cent annualised return since its starting 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 investment and Rs 510 as the minimum lump sum investment.
A Rs 22,222 monthly SIP investment in the 3-year time frame has sprung to Rs 12,86,731.92.
Mirae Asset Equity Allocator FoF Direct - Growth
The fund has given 21.00 per cent annualised SIP return in the 3-year period.
It has an asset base of Rs 2,415 crore, while its unit price is Rs 24.57.
Benchmarked against NIFTY 200 TRI, the fund has given 23.57 per cent annualised return since its beginning in September 2020.
Mirae Asset Equity Allocator FoF Direct - Growth
With an expense ratio of 0.05 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 22,222 monthly SIP investment in 3 years has swelled to Rs 11,20,734.05.
Axis Nifty 100 Index Fund Direct-Growth
The fund has given 18.09 per cent annualised SIP return in the 3-year time frame.
Its AUM is Rs 1,710 crore, while its unit price is Rs 22.17.
Benchmarked against NIFTY 100 TRI, the fund has given 16.75 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 22,222 monthly SIP investment in the 3-year period has converted into Rs 10,67,910.17.
Motilal Oswal Nifty 50 Index Fund Direct - Growth
The fund has given 16.51 per cent annualised SIP return in 3 years.
It has an asset base of Rs 2,415 crore, while its NAV is Rs 20.73.
Benchmarked against Nifty 50 Total Return, the fund has given 16.02 per cent annualised return since its debut in December 2019.
Motilal Oswal Nifty 50 Index Fund Direct - Growth
With 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 22,222 monthly SIP investment in the 3-year time frame has grown to Rs 10,40,493.79