Top 5 NPS mutual fund with best SIP returns in 5 years: Rs 10,000 monthly SIP in No. 1 fund has grown to Rs 15.63 lakh
Top NPS mutual fund with best SIP returns in 5 years: Unlike many pension schemes, which offer fixed interest rates, National Pension System (NPS) is a market-linked retirement scheme. NPS funds invest account holders money in mutual funds and fixed interest rate investment options. NPS subscribers can choose equity exposure according to their risk appettite and the age group. NPS offers them to select equity exposure up to 75 per cent. In equity investment, NPS managers invest money in equity mutual funds, where based on returns, NPS account holders generate their retirement corpus. Since the stock market has been performing well for two years, many of the NPS mutual funds have shown significant growth in last few years. Here, we take you through the performance of the top 5 NPS mutual funds in 5 years and what Rs 10,000 monthly investment (SIP) in each fund has given. We are taking Tier I, E category mutual fund schemes and direct plans here.
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UTI Retirement Solutions Pension Fund Scheme E-Tier I
The fund has given 33.70 per cent annualised SIP returns in 5 years. The fund has AUM of Rs 2,457.38 crore, while its NAV is worth Rs 72.634. The fund has its main investments in equity at 98.71 per cent. In its 62-stock portfolio, the fund has ICICI Bank, RIL, HDFC Bank, Infosys, and NTPC as the main stocks.
UTI Retirement Solutions Pension Fund Scheme E-Tier I
Benchmarked against CNX Nifty 50, the fund has Rs 6,000 as the minimum investment in a year. The fund that was started in May 2009 has its main investments in the financial, energy, capital goods, and technology sectors.
A Rs 10,000 monthly SIP in the fund has swelled to Rs 15,62,680.
ICICI Prudential Pension Fund Scheme E - Tier I
The fund has given 33.46 per cent annualised SIP returns in the 5-year period. The fund has assets under management (AUM) of Rs 14986.04 crore, while its net asset value (NAV) is Rs 73.4392. The fund has 97.91 per cent of its investments in equity, 1.95 per cent in cash and cash equivalents, and 0.14 per cent in debt.
ICICI Prudential Pension Fund Scheme E - Tier I
Benchmarked against CNX Nifty 50, the fund has Rs 6,000 as the minimum contribution in a year. ICICI Bank, Reliance Industries Limited, HDFC Bank, Bharti Airtel, and Axis Bank are the main investment holdings in the fund. It has invested mainly in the financial, energy, automobile, and capital goods sectors.
A Rs 10,000 monthly SIP in the fund has turned into Rs 15.50 lakh in the five-year time frame.
Kotak Pension Fund Scheme E - Tier I
The fund has given 32.04 per cent annualised SIP return in the five-year period. The fund has AUM of Rs 2416.46 crore, while its NAV rate is Rs 67.1286. The fund has 96.72 per cent of its investments in equity, 1.88 per cent in debt, and 1.40 per cent in cash and cash equivalents. In its 49-stock portfolio, the fund has HDFC Bank, Reliance Industries, ICICI Bank, Infosys, and Bharti Airtel as its main stocks.
Kotak Pension Fund Scheme E - Tier I
Benchmarked against CNX Nifty 50, the fund has its investments mainly in the financial, energy, technology, automobile, and consumer staples sectors. The fund that was launched in May 2009 has a minimum investment of Rs 6,000 in a year.
A Rs 10,000 monthly investment in the fund has turned into Rs 14,84,196 in the five-year time frame.
LIC Pension Fund Scheme E - Tier I
The fund has had annualised SIP returns of 31.26 per cent in 5 years. The fund has AUM of Rs 5,815.53 crore, while its NAV is Rs 45.2454. The fund has 98.50 per cent of its investments in equity, 0.81 per cent in cash and cash equivalents, and 0.69 per cent in debt. In a portfolio of 84 stocks, the fund has RIL, HDFC Bank, ICICI Bank, Infosys, SBI, and Larsen and Toubro as its main holdings.
LIC Pension Fund Scheme E - Tier I
Benchmarked against CNX Nifty 50, the fund has invested mainly in the financial, energy, technology, and automobile sectors as the main sectors. Launched in July 2013, the fund has a minimum investment of Rs 6,000 a year.
A Rs 10,000 monthly SIP in the fund has turned into Rs 14,48,898.
HDFC Pension Management Company Limited Scheme E - Tier I
The fund has given annualised SIP returns of 30.76 per cent in 5 years. It has AUM of Rs 42575.72 crore, while its NAV price is Rs 53.5163. In a large pool of 91 stocks, the NPS fund has HDFC Bank, RIL, ICICI Bank, Infosys, and Bharti Airtel as its main holdings. The fund has 97.96 per cent of its investments in equity, while 2.10 per cent are in debt.
HDFC Pension Management Company Limited Scheme E - Tier I
It has mainly invested in the financial, energy, technology, consumer staples, and healthcare sectors. The fund that was launched in August 2013 has Rs 6,000 as the minimum annual investment. The fund follows CNX Nifty 50 as its benchmark.
A Rs 10,000 monthly SIP started in the fund 5 years ago has turned into Rs 14,26,783 as of today's date.