Best SIPs for long-term | Fusion - WeRIndia

Best SIPs for long-term

Best SIPs for long-term

Systematic Investment Plans (SIPs) are ideal to invest small amounts each month to earn good returns over the long-term.

Here is a list of some of the best SIPs for long-term:

  • Axis Bluechip Fund – Growth is one of the best funds that yielded good returns in the last year. It generated a return of 12.70 per cent in the last 5 years. The fund has top holdings in Kotak Mahindra Bank. It also has holdings in Bajaj Finance, ICICI Bank, HDFC Bank, Infosys and TCS.
  • Mirae Asset Largecap Fund – Growth also generated good returns in the last 3 years and is almost at par with Axis Bluechip Fund. The fund’s 3 years and 5 years are 10.60 per cent and 12 per cent. You can invest a minimum of ₹1,000 per month in the fund. The fund has holdings in various banks like HDFC Bank, ICICI Bank, Axis Bank etc. and Reliance Industries.
  • ICICI Prudential Bluechip Fund – Growth is another fund which generated 9.08 per cent in the last 5 years. The fund has investments in HDFC Bank, ICICI Bank, Infosys and Bharti Airtel. You can invest ₹100 every month in this fund.
  • Axis Midcap Fund – Growth is a midcap fund. The minimum amount to invest in this fund is ₹1,000. Though this fund generated decent returns in the last 5 years, you have to take extra caution as midcap funds are risky.
  • Tata Midcap Growth Fund generated 10.88 per cent in the last 5 years. The fund has holdings in Bata India, Voltas, United Breweries and PI industries. The current NAV is ₹129.35.
  • HDFC Small Cap Fund yielded a return of 11.82 per cent in the last 5 years. You can invest ₹500 each month in this fund. It has holdings in Sonata Software, NIIT Technologies, DCB Bank, Chambal Fertilizers etc. As small cap funds have a higher risk, you have to be more cautious while investing in this fund.

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