Top 7 Mutual Funds With Highest SIP Returns in 1 Year: Know how Rs 33,333 monthly SIP investment in all of them has grown to
Top 7 Mutual Funds With Highest SIP Returns in 1 Year: SIP investment in mutual funds is rising since more investors are finding it easier to deposit a small amount rather than investing a lump sum in one go. They also get the benefit of rupee cost averaging, where they don't need to time market.
Top 7 Mutual Funds With Highest SIP Returns in 1 Year: In India, more mutual fund investors are keen on the Systematic Investment Plan (SIP) compared to the lump sum investment. Association of Mutual Funds in India's (AMFI) monthly data bears testimony to this fact. The reason is it is more convenient for large Indian retail investors to invest on a monthly basis through SIP than to invest a large lump sum. For SIP investment, they also don't need to time market since rupee cost average impact reduces the risk of negative returns in the long run. Investors can also stop the SIP investment whenever they want. They can also increase or decrease the monthly investment as per their investment capacity, or they can increase the percentage of the investment amount every six months or year through a step up SIP. Know the top 7 mutual funds in terms of the highest annualised SIP return in 1 year. Also know how a Rs 33,333 monthly SIP investment in those funds has performed during that time period.
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Canara Robeco Emerging Equities Fund Direct-Growth
The large and mid cap fund has given 31.89 per cent annualised SIP return in the 1-year time frame.
It has assets under management (AUM) of Rs 24,629 crore, while its net asset value (NAV) is Rs 299.03.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 21.95 per cent annualised return since its launch in January 2013.
Canara Robeco Emerging Equities Fund Direct-Growth
With an expense ratio of 0.58 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 33,333 monthly SIP investment in 1 year, or a total investment of Rs 3,99,996, has converted into Rs 4,76,292.45.
Edelweiss Large & Mid Cap Direct Plan-Growth
The large and mid fund has given 31.32 per cent annualised SIP return in 1 year.
It has AUM of Rs 3,745 crore, while its NAV is Rs 104.81.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 18.05 per cent annualised return since its debut in January 2013.
Edelweiss Large & Mid Cap Direct Plan-Growth
At an expense ratio of 0.44 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in the 1-year period has grown to Rs 4,74,793.82.
UTI Flexi Cap Fund Direct-Growth
The flexi cap fund has given 26.49 per cent annualised SIP return in the 1-year period.
It has an asset base of Rs 26,298 crore, while its unit price is Rs 353.03.
Benchmarked against NIFTY 500 TRI, the fund has given 15.44 per cent annualised return since its inception in January 2013.
UTI Flexi Cap Fund Direct-Growth
With an expense ratio of 1.04 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in the 1-year time frame has swelled to Rs 4,62,302.9.
Kotak Equity Opportunities Fund Direct-Growth
The large and mid cap fund has given 25.93 per cent annualised SIP return in the 1-year time frame.
It has AUM of Rs 25,648 crore, while its unit price is Rs 395.76.
Benchmarked against Nifty Large Midcap 250 TRI, the fund has given 18.65 per cent annualised return since its beginning in January 2013.
Kotak Equity Opportunities Fund Direct-Growth
At an expense ratio of 0.5 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in 1 year has sprung to Rs 4,60,878.45.
DSP Flexi Cap Fund Direct Plan-Growth
The fund has given 25.92 per cent annualised SIP return in 1 year.
It has an asset base of Rs 11,765 crore, while its unit price is Rs 115.47.
Benchmarked against NIFTY 500 TRI, the fund has given 16.71 per cent annualised return since its starting in January 2013.
DSP Flexi Cap Fund Direct Plan-Growth
With an expense ratio of 0.72 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in the 1-year period has grown to Rs 4,60,853.06.
Parag Parikh Flexi Cap Fund Direct-Growth
The fund has given 25.79 per cent annualised SIP return in the 1-year period.
It has a fund size of Rs 84,641 crore, while its NAV is Rs 89.43.
Benchmarked against NIFTY 500 TRI, the fund has given 20.87 per cent annualised return since its launch in May 2013.
Parag Parikh Flexi Cap Fund Direct-Growth
At an expense ratio of 0.62 per cent, the fund has Rs 1,000 as the minimum SIP and lump sum investment each.
A Rs 33,333 monthly SIP investment in the 1-year time frame has converted into Rs 4,60,523.11.
Canara Robeco Bluechip Equity Fund Direct-Growth
The large cap fund has given 23.13 per cent annualised SIP return in the 1-year time frame.
Its AUM is Rs 14,824 crore, while its unit price is Rs 72.11.
Benchmarked against BSE 100 TRI, the fund has given 16.09 per cent annualised return since its inception in January 2013.
Canara Robeco Bluechip Equity Fund Direct-Growth
With an expense ratio of 0.48 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 33,333 monthly SIP investment in the 1 year period has grown to Rs 4,74,793.82.