Best SIPs to invest at ₹500 or below - Fusion - WerIndia

SIPs or Systematic Investment Plans are a great investment option for those looking for good returns.

There are many SIPs which cost a different amount to invest.

However, here are some great SIPs that cost less than ₹500. These SIPs offer good returns. In fact, they are better than bank deposits in the last 3 years.

They also give you a decent tax efficiency. Let us find out about some of them. It should be noted that small sized SIP funds have higher risk than larger ones.

DSP Blackrock Microcap Fund

This fund has a high demand in India. The reason for this is the returns it offered so far. This fund gave about 32 per cent in the last one year. DSP Blackrock Microcap Fund also had a great three year returns of 23 per cent. The rate for this SIP is ₹500.

HDFC Small Cap Fund – Regular Plan

This fund also had great returns. It had a one year return of 47 per cent while having a 19 percent three-year return. This fund is also at a price of ₹500. However, the initial investment is ₹5,000.

Reliance Top 200 Fund

This fund can be invested in with just a small sum SIP of ₹100. The initial investment is ₹5,000 as well. This fund has decent returns at 12.35 per cent on an average each year in the past three years. The one year return for the fund is still at around 23 percent.

SBI Magnum Equity Fund

This fund gave pretty good returns at 14.13 per cent in the last three years. This plan also comes at a monthly price of ₹500.

Good solid portfolio

This fund had great returns and you only need a monthly sum of ₹100 to invest in it. It gave about 21.16 per cent returns in the last year.

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