Best SIPs for Children’s Education | Fusion - WeRIndia

SIP or Systematic Investment Plan is one of the best investing methods to get good returns with a small amount of investment in regular intervals.

Here are some best SIPs for your child’s education:

Aditya Birla Sunlife Equity Fund is an equity dedicated fund. if your child is under the age of 10 years, then you can consider this fund as it has given excellent performance over the time. The fund yielded 18.71 percent for a 5-year period. Invest ₹1,000 to get good long-term growth.

Mirae Asset Emerging Bluechip fund generated returns of 16.27 percent in the last three years. You can start investing ₹5,000 initially and ₹1,000 per month thereafter.

Aditya Birla Sun Life Frontline Equity Fund is an equity oriented fund which generates long-term profits. The fund generated a return of 10.83 percent in the last three years and 14.71 percent in the last five years. If you want to build corpus for your child’s education through systematic investment, then this is an ideal fund.

Reliance Large Cap Fund is another ideal fund for your child’s education. The fund has an NAV of ₹32.95 under the growth plan and ₹15.18 under the dividend plan. It invests money mainly in large cap equity stocks. It yielded a return of 12.44 percent in the last one year, and 17.25 percent in the last 5 years. Invest ₹5,000 initially, and ₹1,000 per month thereafter.

Canara Robeco Emerging Equities fund is a midcap fund. The fund generated returns of 12.17 percent in the last three-years, and generated a return of 17.05 percent on an average each year since its launch in 2005. The minimum SIP amount is ₹1,000. Its present NAV is ₹41.51 under the dividend plan.

ICICI Prudential Equity and Debt Fund yielded a return of 11.71 percent in the last three years. The initial investment amount is ₹5,0000, and ₹1,000 per month thereafter.

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