WELCOME FRIENDS.....TODAY'S TOPIC IS ABOUT MUTUAL FUNDS.
What is SIP:-
-> A Systematic Investment Plan (SIP), more popularly known as SIP, is a convenient method to invest in mutual funds.
-> Using SIP, you can invest a Fixed amount as small as Rs.100/-
How SIP Works:-
SIP is a very simple and flexible way of investing. In a SIP, a fixed amount of money is debited from your bank account on a monthly or a quarterly basis and invested in your chosen mutual fund scheme. Then a certain number of units of that particular mutual fund is allocated to you, based on the purchasing price or Net Asset Value (NAV) of the fund on that particular date.
Best 5 SIP Funds
- IIFL Focused Equity Fund Direct-Growth.
- Parag Parikh Flexi Cap Fund.
- UTI Flexi Cap Fund.
- Axis Focused 25 Direct Plan-Growth.
- Axis Bluechip Fund Direct Plan-Growth.
1. IIFL Focused Equity Fund Direct-Growth:
Fund performance: The fund's annualized returns for the past five years have been around 22.85% .The IIFL Focused Equity Fund comes under the Equity category of IIFL Mutual Funds. The minimum investment Amount for a Lump sum for Focused Equity Fund is Rs.1000/- and for SIP, it is Rs.1000/-
2. Parag Parikh Flexi Cap Fund.
Fund performance: The fund's annualized returns for the past five years have been around 24.54%.Parag Parikh Flexi Cap Fund comes under the Equity category of PPFAS Mutual Funds. The minimum investment Amount for a Lump sum for Focused Equity Fund is Rs.1000/- and for SIP, it is Rs.1000/-
3. UTI Flexi Cap Fund.
The fund's annualized returns for the past five years have been around 22.95%. The UTI Flexi cap Fund comes under the Equity category of UTI Mutual Funds. The minimum investment Amount for a Lump sum for UTI Flexi Fund is Rs.5000/- and for SIP, it is Rs.500/-
4. Axis Focused 25 Direct Plan-Growth.
The fund's annualized returns for the past five years have been around 22.91%. The Axis Focused 25 Direct Plan-Growth comes under the Equity category of Axis mutual funds. The minimum investment Amount for a Lump sum for Focused Equity Fund is Rs.5000/- and for SIP, it is Rs.500/-
5. Axis Bluechip Fund Direct Plan-Growth.
The fund's annualized returns for the past five years have been around 22.16%. The Axis bluechip fund comes under the Equity category of Axis Mutual Funds. The minimum investment Amount for a Lump sum for Focused Equity Fund is Rs.5000/- and for SIP, it is Rs.500/-
There are a lot of mutual funds are present with the different fund houses. I just tried my level best to choose the 5 most successful mutual funds. Hope you all like it....Keep Investing......