Top 7 Mutual Funds With Highest SIP Returns: No. 1 fund has converted Rs 21,000 monthly SIP into Rs 14.95 lakh in 3 years; here's how others have done
Top 7 SIP Mutual Funds in 3 Years: Some mutual funds provide SIPs of Rs 100, the majority of them has Rs 500 SIP. The other convenience is that one can stop and restart the SIP after informing the fund house. The investor can increase or decrease the SIP amount as per their investment capacity. They can also opt for a step-up SIP, where they can increase amount yearly.
Top 7 SIP Mutual Funds in 3 Years: Systematic Investment Plan (SIP) has emerged as a popular method to invest in mutual funds. It provides investors the convenience to start with a small amount. Some mutual funds have SIPs of as little as Rs 100, while the majority of them has Rs 500 SIPs. The other convenience is that one can stop and restart the SIP after informing the fund house. The investor can also increase or decrease the SIP amount as per their investment capacity. They can also opt for a step-up SIP, where they can increase the SIP amount yearly. At the same time, SIP investors don't need to time the market since the price of their net asset value (NAV) increases and decreases with time. In the long-term, even a small SIP investment can help one gather a large corpus. In this write-up, we take you through the top 7 mutual funds with the highest annualised SIP returns (XIRR) in the 3-year period and will also tell how a Rs 21,000 monthly SIP in each fund has grown to in that period.
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Motilal Oswal Midcap Fund - Direct Plan
The fund at No. 1 spot has given 49.64 per cent annualised SIP returns (XIRR) in the 3-year period.
It has assets under management (AUM) of Rs 15,940 crore, while its net asset value (NAV) is Rs 121.3097.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 26.56 per cent annualised returns (CAGR) since its debut in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
With an expense ratio of 0.60 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 21,000 monthly SIP in the fund in 3 years, or a total investment of Rs 7,56,000, has swelled to Rs 14,94,377 in the 3-year time frame.
LIC MF Infrastructure Fund - Direct Plan
The fund has given 49.16 per cent annualised SIP returns in the 3-year time frame.
It has an asset base of Rs 725 crore, while its unit price is Rs 58.1149.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 17.78 per cent annualised returns since its launch in January 2013.
LIC MF Infrastructure Fund - Direct Plan
At an expense ratio of 1.38 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 21,000 monthly SIP in the fund has converted into Rs 14,85,591 lakh in 3 years.
ICICI Prudential Infrastructure Fund - Direct Plan
The fund has given 47.75 per cent annualised SIP returns in 3 years.
It has AUM of Rs 6,143 crore, while its NAV is Rs 218.1700.
Benchmarked against BSE India Infrastructure TRI, the fund has given 19.03 per cent annualised returns since its inception in January 2013.
ICICI Prudential Infrastructure Fund - Direct Plan
With an expense ratio of 1.18 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 21,000 monthly SIP in the fund has grown to Rs 14,59,970 in the 3-year period.
ICICI Prudential BHARAT 22 FOF - Direct Plan
The fund has given 47.67 per cent annualised SIP returns in the 3-year period.
Its AUM is Rs 2,040 crore, while its NAV is Rs 35.1568.
Benchmarked against BSE Bharat 22 TRI, the fund has given 22.28 per cent annualised returns since its beginning in June 2018.
ICICI Prudential BHARAT 22 FOF - Direct Plan
At an expense ratio of 0.12 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 21,000 monthly SIP in the fund has converted into Rs 14,58,399 in the 3-year time frame.
Canara Robeco Infrastructure Fund - Direct Plan
The fund has given 46.8 per cent annualised SIP returns in the 3-year time period.
It has an asset base of Rs 887 crore, while its NAV is Rs 58.1149.
Benchmarked against BSE India Infrastructure TRI, the fund has given 19.59 per cent annualised returns since its debut in January 2013.
Canara Robeco Infrastructure Fund - Direct Plan
With an expense ratio of 0.96 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 21,000 monthly SIP in the fund has jumped to Rs 14,42,815 in 3 years.
Invesco India Infrastructure Fund - Direct Plan
The fund has given 46.71 per cent annualised SIP returns in 3 years.
It has AUM of Rs 1,660 crore, while its unit price is Rs 81.2900 .
Benchmarked against BSE India Infrastructure TRI, the fund has given 22.18 per cent annualised returns since its inception in January 2013.
Invesco India Infrastructure Fund - Direct Plan
At an expense ratio of 1.70 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 21,000 monthly SIP in the fund has grown into Rs 14,41,269 in the 3-year time frame.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
The fund has given 44.97 per cent annualised SIP returns in the 3-year time period.
Its AUM is Rs 3,984 crore, while its unit price is Rs 62.3294.
Benchmarked against NIFTY 500 TRI, the fund has given 20.79 per cent annualised returns since its starting in January 2015.
Motilal Oswal ELSS Tax Saver Fund - Direct Plan
With an expense ratio of 0.65 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 21,000 monthly SIP in the fund has converted into Rs 14,10,263 in 3 years.