SIP or systematic investment plan is a systematic way of investing money in mutual funds through which you can build wealth by investing an amount regularly. The SIP can be weekly, monthly, or quarterly.
The good thing about SIP is you don't need to worry about timing the market as you have been investing a predetermined amount regularly.
Here is a list of seven mutual funds SIP schemes that have given up to 75 per cent returns in one year. Take a look:
Motilal Oswal Midcap Fund has provided returns of 75.13 per cent in a year.
Last 1-year return- 63.46%
Last 1-year return- 63.43%
Last 1-year return- 62.39%
Last 1-year return- 57.66%
Last 1-year return- 57.35%
Last 1-year return- 56.85%