Top 7 Mutual Funds With Best SIP Returns in 1 Year: No. 1 fund has converted Rs 25,000 monthly SIP investment into Rs 3,87,109
Top 7 Mutual Funds With Best SIP Returns in 1 Year: The ups and downs of the share market impact the price of a NAV in an equity or hybrid mutual fund, but investors investing through Systematic Investment Plan (SIP) in a mutual fund don't need to time market. They just need to continue their investment for the duration of 5-7 years or over.
Top 7 Mutual Funds With Best SIP Returns in 1 Year: Even as Diwali and Dhanteras are around the corner, BSE Sensex and Nifty 50 are in sedate form. After closing at a much higher position than the opening on Monday, they started their respective trading sessions on a poor note on Tuesday (October 29, 2024). For equity or hybrid mutual fund investors also, market sentiments are poor as the value of their investments is also going down. But for investors who have invested through Systematic Investment Plan (SIP), it is not a matter of serious concern. If they have come with a long-term investment horizon, the rupee cost averaging of SIPs, where they buy more NAVs of their mutual fund when the market is down and purchase fewer when the market is up, will help them regain losses. The beauty of SIP is that investors don't need to time market. In this write-up, we take you through the top 7 mutual funds with highest annualised SIP returns (XIRR) in 1 year. Also know what's the value of the Rs 25,000 monthly SIP investment in each fund.
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Motilal Oswal Midcap Fund - Direct Plan
The mid cap fund has given 57.82 per cent annualised SIP returns in the 1-year period.
It has assets under management (AUM) of Rs 18,604 crore, while its net asset value (NAV) is Rs 118.3890.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 26.03 per cent annualised returns since its inception in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
At an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 25,000 monthly SIP in the fund in 1 year, or a total investment of Rs 300,000, has jumped to Rs 3,87,109 in the 1-year time frame.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan
The sectoral fund has given 53.09 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 4,987 crore, while its NAV is Rs 40.9700.
Benchmarked against BSE Healthcare TRI, the fund given 25.09 per cent annualised returns since its debut in July 2018.
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund - Direct Plan
With an expense ratio of 1.06 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 fund has grown to Rs 3,80,387 in the 1-year period.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
The ELSS fund has given 49.16 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 4,195 crore, while its NAV is Rs 59.3084.
Benchmarked against NIFTY 500 TRI, the fund given 19.97 per cent annualised returns since its debut in January 2015.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
At an expense ratio of 0.64 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment.
A Rs 25,000 monthly SIP in the fund has grown to Rs 3,74,749 in the 1-year period.
Motilal Oswal Large and Midcap Fund - Direct Plan
The fund has given 47.23 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 6,500 crore, while its NAV is Rs 34.9856.
Benchmarked against NIFTY Large Midcap 250 TRI, the fund given 28.24 per cent annualised returns since its debut in October 2019.
Motilal Oswal Large and Midcap Fund - Direct Plan
With an expense ratio of 0.51 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment.
A Rs 25,000 monthly SIP in the fund has grown to Rs 3,71,968 in the 1-year period.
Invesco India Focused Fund - Direct Plan
The fund has given 46.84 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 3,250 crore, while its NAV is Rs 29.6600.
Benchmarked against BSE 500 TRI, the fund given 30.54 per cent annualised returns since its debut 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 fund has grown to Rs 3,71,393 in the 1-year period.
SBI Healthcare Opportunities Fund - Direct Plan
The fund has given 46.07 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 3,346 crore, while its NAV is Rs 472.0803.
Benchmarked against BSE Healthcare TRI, the fund given 18.89 per cent annualised returns since its debut in January 2013.
SBI Healthcare Opportunities Fund - Direct Plan
With an expense ratio of 0.89 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 fund has grown to Rs 3,70,278 in the 1-year period.
Tata India Pharma & Healthcare Fund - Direct Plan
The fund has given 45.87 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 1,208 crore, while its NAV is Rs 35.1699.
Benchmarked against NIFTY Pharma TRI, the fund given 15.29 per cent annualised returns since its debut in December 2015.
Tata India Pharma & Healthcare Fund - Direct Plan
With an expense ratio of 0.70 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 fund has grown to Rs 3,70,000 in the 1-year period.