On the basis of annualised SIP returns in 5 years, the top index fund is Bandhan Nifty 50 index fund.
The top ELSS mutual fund on the basis of SIP returns is Quant ELSS Tax Saver Fund.
Bandhan Nifty 50 Index Fund Direct Plan-Growth has given 21.19 per cent annualised SIP returns in the 5-year period
The fund has given 38.41 per cent annualised SIP returns in the 5-year period.
A Rs 20,000 monthly SIP in Bandhan Nifty 50 Index Fund Direct Plan-Growth, or Rs 12 lakh investment, in 5 years, has given Rs 20.32 lakh in total.
A Rs 20,000 monthly SIP in Quant ELSS Tax Saver Fund Direct-Growth has turned into Rs 30.54 lakh in total in 5 years.