Best low investment SIPS | Fusion - WeRIndia

Best low investment SIPS

Best low investment SIPS

Systematic Investment Plans (SIPs) allow one to invest small amounts of money every month.

They are a great way to save your money and get decent returns.The amount paid every month can be as small as ₹500.

SIPs are known to give better returns than banks.

Here are some of the best SIPs you can invest in with just ₹500 or even less every month.

SBI Blue chip fund

As said, you can invest as little as ₹500 per month in this SIP. It has a great track record of giving a return of 21.10 per cent in the last three years.

The net asset value under the growth plan is ₹32.22. The fund uses good blue chip stocks like HDFC Bank, L&T etc.,

Reliance Top 200 Fund – Retail Plan

In this fund, you can invest just ₹100. Only an initial investment of ₹5000 is needed. This fund gave returns of 20.58 per cent in the last three years. The fund invests in stocks like State Bank of India, ICICI Bank, Infosys and Larsen and Toubro.

SBI Magnum Equity Fund

Thus fund had a return of 17.69 per cent in the last three years. This fund also can be invested with ₹500 scheme. The net asset value in this fund is ₹82.57 per cent.

Reliance Focused Large Cap Fund

This fund gave great returns of 27.25 percent in the last year. It has a current Net asset value of ₹17.73 under the dividend plan. It can be invested with just ₹100. The fund has given returns of near 27.25 per cent in the last one year.

ICICI Prudential Focused Bluechip Equity

This is also a top rated fund. It can also be invested with just ₹500. It gave good returns of 18.16 per cent in the last 3 years.

The fund has good stocks like HDFC Bank and ICICI Bank.

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