- Which SIP is best to invest now?
- Is SIP good or bad?
- Is HDFC SIP good?
- Which SIP is best for 5 years?
- Which bank is better for SIP?
- Is it wise to invest in SIP now?
- Is SIP better than PPF?
- How can I make 10 lakhs in 5 years?
- Can I lose money in SIP?
- Which SIP is best for 1 year?
- Which SIP gives highest return?
- Is SIP tax free?
- Which is the best SIP to invest in 2020?
- Which SIP is best for 20 years?
- Is Axis Bluechip fund good?
Which SIP is best to invest now?
SBI Bluechip Fund.Aditya Birla Sun Life Tax Relief 96.SBI Small Cap Fund.ICICI Prudential Bluechip Fund.Canara Robeco Bluechip Equity Fund.Kotak Emerging Equity Fund.Mirae Asset Tax Saver Fund.Tata India Tax Savings Fund.More items….
Is SIP good or bad?
No doubt that SIP is a great tool. It works on the concept of Rupee Cost Averaging. However, to start a SIP with the belief that nothing could go wrong if you invest through SIP is foolhardy. Over 80% of the investors have entered the mutual fund world in the last five to six years.
Is HDFC SIP good?
HDFC Mutual Fund, being India’s one of the prominent AMCs, investors always prefer the SIP funds offered by the company. You can start investing in a SIP with just INR 500….Returns for HDFC Top 100 Fund.DurationReturns3 Month9.1%6 Month29%1 Year-2.1%3 Year1.6%5 more rows•6 days ago
Which SIP is best for 5 years?
Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020
Which bank is better for SIP?
Best SIP Investment Plans in IndiaSIP PlansType3 YearICICI Prudential Equity & Debt FundEquity Fund11.11%ICICI Prudential Value DiscoveryEquity Fund7.34%Kotak Standard Multicap FundEquity Fund-1.28%L&T India Prudence FundBalanced Fund10.03%27 more rows•Jul 12, 2020
Is it wise to invest in SIP now?
The obvious benefit of SIP is that it helps investors to average the rupee cost of a unit and thereby helps the investor to earn higher returns in the long-term. For a lump sum investment, debt funds are a much better option as compared to equity oriented mutual funds.
Is SIP better than PPF?
SIP investment in mutual funds are ideal for all, short term, medium term and long term goals. They are ideal for wealth creation and fulfilment of goals. A PPF is ideally suitable for only long term investments of 15 years or more. … SIP investment in mutual funds do not have a defined lock-in period.
How can I make 10 lakhs in 5 years?
To create a corpus of Rs 10 lakh in five years, with a monthly investment of Rs 11,000, you need to invest in those schemes that generate 17 per cent returns on a compounding basis. While historically, equity schemes have delivered 17 per cent returns over the last five years, it is safe to lower the expectations.
Can I lose money in SIP?
So, when the price of equity falls, you should invest more instead of redeeming your investments, because redemption in low market would turn the notional loss in real loss. … It is because, under SIP, same amount is invested in equal interval and when NAV of funds are lower at low market, you would get more units.
Which SIP is best for 1 year?
Best SIP Plans for 1 Year Investment in FY 20 – 21Aditya Birla Sun Life Savings Fund. The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. … ICICI Prudential Ultra Short Term Fund. (Erstwhile ICICI Prudential Regular Income Fund) … Kotak Savings Fund.
Which SIP gives highest return?
Here’s a look at five such schemes:Axis Bluechip Fund. 5-year SIP returns: 15.57% … AXIS Focused 25 Fund. 5-year SIP returns: 15.25% … IIFL Focused Equity Fund. 5-year SIP returns: 14.71% … SBI Focused Equity Fund. 5-year SIP returns: 13.69% … Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%
Is SIP tax free?
I want to know if my SIP investment can be used for tax exemption? … Investments in Equity Linked Saving Scheme or ELSS qualify for tax deductions of up to Rs 1.5 lakh under Section 80C in a financial year. However, the tax benefit is only available to ELSS or tax saving mutual fund schemes.
Which is the best SIP to invest in 2020?
Best SIP Plans for the Year 2020Fund NameMonthly Investment5 years ReturnICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%Nippon India large Cap Fund500010.9%6 more rows•Aug 24, 2020
Which SIP is best for 20 years?
Best SIP Plans to invest in for 20 yearsHDFC growth and prudence fund. … Mirae Asset Bluechip Fund. … Franklin India Feeder. … SBI Small Cap Fund. … Motilal Oswal Equity Fund (long term) … HDFC Hybrid Equity Fund. … Aditya Birla Sun Life Fund. … ICICI Prudential fund.More items…•
Is Axis Bluechip fund good?
The Axis Bluechip Fund aims to outperform the benchmark with risk lower than the benchmark. Axis Bluechip Fund holds asset class benefits. Equity as an asset class holds the potential to beat inflation and generate long term wealth.