Your question: Which SIP is better for investment for long term?

Is it good to invest in SIP for long term?

SIP is one of the best forms of disciplined investment, which should be done consistently over a period of time. … One can save tax each year by investing in an SIP. For getting compounding benefits, it is important to hold investments for an extended period. Start investing at an early stage of life.

Which MF is best for long term investment?

List of Long Duration Mutual Funds in India

Fund Name Category 1Y Returns
Quant Tax Plan Fund Equity 54.0%
PGIM India Midcap Opportunities Fund Equity 42.3%
Quant Flexi Cap Fund Equity 53.3%
Axis Small Cap Fund Equity 46.1%

Which type of SIP is best?

Top SIP Mutual Funds in India

SIP Plans Type 5 Year
HDFC Mid Cap Opportunities Fund Equity Fund 26.00%
HDFC Prudence Fund(G) Balanced Fund 16.56%
HDFC Small Cap Fund Equity Fund 24.31%
ICICI Prudential Balanced Advantage Fund Balanced Fund 14.39%

Which SIP is best for 5 years?

Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds

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Fund Name 5 years Return 3 years Return
HDFC Balance Advantage Fund 15.50% 16.60%
ICICI Prudential Bluechip Fund 10.81% 8.48%
Kotak Standard Multicap Fund 13.24% 11.14%
Quant Infrastructure Fund 24.14% 38.02%

What is long term SIP?

It is an excellent way to create a long-term savings habit. It helps in creating a large corpus for the future Financial goals. In a SIP, a fixed amount is invested monthly in a fund on a specific date by the investor. … Systematic Investment Plan helps you to average your purchase cost and maximise returns.

Can I invest in SIP for 30 years?

He said that investors, who are in the nascent phase of their career or say around 30 years of age, can opt for Systematic Investment Plan (SIP). He said that one can start mutual fund SIP at any time as the investor would get average return on one’s investment.

How can I get 10 lakhs in 5 years?

How to create Rs 10 lakh in five years?

  1. Reliance Tax Saver (ELSS) Fund: Rs 3,000 per month.
  2. HDFC Taxsaver Fund: Rs 3,000 per month.
  3. Franklin India Smaller Companies Fund- Regular (G): Rs 2,500 per month.
  4. HDFC Infrastructure Fund (G): Rs 2,500 per month.

How can I get 5 crores in 10 years?

One way to make disciplined investments in an Equity Mutual Fund over the long term is to start a Systematic Investment Plan (SIP). As you can see, for average annual returns of 10%, you will need a monthly Systematic Investment Plan of Rs. 2.42 lakh to save Rs. 5 crore in 10 years.

Which mutual fund is best for 10 years?

Mutual funds to create Rs 50 lakh in 10 years

  • PPF: Rs 5,000.
  • ICICI Prudential Tax Saving Fund: Rs 3,000 per month.
  • ICICI Technology Fund: Rs 8,000 per month.
  • ICICI Flexicap Fund: Rs 5,000 per month.
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Is mutual fund safe for long-term?

Mutual funds are a safe investment if you understand them. Investors should not be worried about the short-term fluctuation in returns while investing in equity funds. You should choose the right mutual fund, which is in sync with your investment goals and invest with a long-term horizon.

Which is the No 1 mutual fund in India?

Methodology

ELSS Crisil Rank
Axis Long Term Equity – Direct (G) Scheme: Axis Long Term Equity – Direct (G) Performance Charts Investment Info Holdings Peer Comparison Rank 1
Axis Long Term Equity Fund (G) Scheme: Axis Long Term Equity Fund (G) Performance Charts Investment Info Holdings Peer Comparison Rank 1

Which SIP gives highest return?

Best SIP Plans for the Year 2022

Fund Name Monthly Investment 3 years Return
DSP Equity Fund 5000 14.69%
Franklin India Focused Equity Fund 5000 22.68%
HDFC Balance Advantage Fund 5000 14.39%
ICICI Prudential Bluechip Fund 5000 19.41%

Is LIC better than SIP?

LIC, SIP and mutual funds – the bottom line

Advise them to, first, aim for financial security by investing in a life insurance plan and then they can plan their investments. … If, however, they want to invest in mutual funds, SIPs are the best way to go about it.

Which HDFC SIP is best?

Here is a List of Best HDFC SIP Mutual Fund Plans

Fund Name Category 1 Year Return
HDFC Mid-Cap Opportunities Fund Equity: Mid Cap -10.49%
HDFC Hybrid- Equity Fund Hybrid:Aggressive Hybrid 1.58%
HDFC Top 100 Fund Equity: Large Cap -0.38%
HDFC Small Cap Fund Equity: Small Cap -13.68%
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