Best sip to invest

What is SIP? SIP or Systematic Investment Plan is a method of investing a fixed amount in mutual fund schemes on a monthly or quarterly basis. The minimum SIP amount is set by the fund house. All you need to do is choose your preferred SIP amount, link your bank account and start investing. SIPs bring financial discipline to an investor’s life and are considered as a suitable investment mode for beginner investors. However, it’s important to consider certain factors before investing, so that you can select the best SIP plans. We’ve compiled a list of the best SIP plans along with their returns potential and other features. Let’s dive in! Did You Know? You can start investing in SIP plans with as low as Rs.10! How Do SIPs Work? In SIP, mutual fund units are purchased at predetermined intervals based on their Net asset value, or NAV. These SIP units continue to accumulate until the end of your investment period. When you redeem those units, the value of the units is credited to your account. For example, let’s say you have invested Rs.2000 via a monthly SIP and have set the 7th as the deduction date. This means that the amount will be automatically deducted from your bank account on the 7th of every month and auto-credits to the mutual fund. If you continue investing small amounts in a scheme at regular intervals, you will end up accumulating a large sum of money, thanks to the power of compounding. That said, it’s essential that you stay invested for as long as you can to m...

This blog covers the ✓ 50 best SIPs for 2023-24. A SIP is one of the best ways to invest in mutual funds & helps you maximize returns by investing consistently. One of the best ways to invest in mutual funds is through SIPs i.e. Systematic Investment Plans. Instead of putting a large chunk of your money into an investment in the form of a lump sum payment – you get to invest regularly in smaller amounts. A SIP gives you the best means to maximize returns while investing in multiple mutual funds. A SIP is a fixed monthly investment amount that you can choose as per your comfort. Let’s now dive into a list of current top recommendations of SIPs to invest in. Top 50 SIPs to Invest in The top 50 best + 3 bonus mutual fund SIPs are handpicked by our mutual fund advisor, Wealth First. ‍ • Nippon India Liquid Fund • SBI Liquid Fund • HDFC Liquid Fund • Invesco India Liquid Fund • ICICI Prudential Liquid Fund • Mirae Asset Cash Management Fund • Axis Liquid Fund • Motilal Oswal Liquid Fund • SBI Arbitrage Opportunities Fund • IDFC Arbitrage Fund • Franklin India Overnight Fund • Kotak Liquid Fund • Canara Robeco Liquid Fund • Edelweiss Liquid Fund • DSP Liquidity Fund • PGIM India Liquid Fund • Sundaram Liquid Fund • Mahindra Manulife Liquid Fund • Quant Liquid Fund • IDFC Banking & PSU Debt Fund • HDFC Ultra Short Term Fund • ICICI Prudential Corporate Bond Fund • Axis Banking and PSU Debt Fund • IDFC Ultra Short Term Fund • IDFC Dynamic Bond Fund • Axis Money Market Fund • HDFC ...

Best SIP to Invest for 10 Years The Systematic Investment Plan or SIP allows you to choose a mutual fund plan and invest a fixed amount periodically. The fixed amount can start from INR 500 and the intervals can be yearly, half-yearly, quarterly, or monthly. SIPs provide investors with an upper hand over the market dynamics for long-term wealth creation. Also, it helps the investor to develop a habit of saving. The SIP investment route is hassle-free and eliminates the need to worry and hurry at the eleventh hour. What are the Best SIPs to Invest in for 10 Years? • Aditya Birla Sun Life Digital India Fund Investment objective: Aditya Birla Sun Life Digital India Fund is a multi-sector, open-ended growth scheme whose objective is long-term capital growth with 100% target allocation through the portfolio. It focuses on investing in technology and technology-based sectors, hardware, software, telecom, media, internet, e-commerce, peripheral and components, and such companies. The secondary objective of this scheme is to generate income and distribute dividends. • Aditya Birla Sun Life Digital India Fund is an equity-sector-based scheme launched on 15th January 2000. • This fund carries a high risk and offers an annualized return of 12.9% since its start. It is ranked 33 in the sectoral category. • Franklin India Technology Fund Investment objective: To generate a long-term capital appreciation by predominantly investing in equity and equity-based securities of technology and ...