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Best SIP Mutual Funds

19 July 2022

The Systematic Investment Plan (SIP) is a form of investment wherein the investor chooses a mutual fund based on their liking and invests a fixed amount of money in that mutual fund on a regular basis. Instead of investing a lump sum of money all at once, a Systematic Investment Plan uses the concept of bit-wise investments over time.

The Systematic Investment Plan is a brilliant way of investing that allows an investor to invest anywhere from a little sum of money to a large sum of money, depending on their preferences, needs, and financial goals.

Mutual funds primarily offer SIP, lump sum, or both options for investing. One of the most appealing features of mutual funds is the ability to invest in small amounts each month through a Systematic Investment Plan (SIP). SIPs in mutual funds provide diversification as well as rupee cost averaging benefits.

In this blog, we have comprised a list of the Best Mutual Funds for SIP 2022:

Best SIP Mutual Funds India 2022

S.No.

Best SIP Mutual Funds India

 

EQUITY FUND PLANS

1.

Quant Tax Plan Direct-Growth

2.

Quant Infrastructure Fund Direct-Growth

3.

BOI AXA Small Cap Fund Direct-Growth

 

DEBT FUND PLANS

4.

Edelweiss Government Securities Fund Direct-Growth

5.

HDFC Credit Debt Risk Debt Fund Direct-Growth

6.

ICICI Prudential All Seasons Bond Fund Direct-Plan-Growth

 

HYBRID FUND PLANS

7.

Quant Multi Asset Fund Direct-Growth

8.

Quant Absolute Fund Direct-Growth

9.

Baroda BPN Paribas Aggressive Hybrid Fund Direct-Growth

Factors to Consider Before Investing in the Best Mutual Funds for SIP 2022

1) Identify Your Needs

You can invest in SIPs according to your needs and you can start a SIP by investing a very small amount each month to invest in a mutual fund as well. In contrast to making a lump sum investment, trying to make a smaller monthly investment eases the financial strain on your pocket.

2) Maintain An Individual SIP for Every Respective Goal

Individuals may have several goals in mind, and having separate SIPs for each goal can help you better evaluate your investment. Identify the correct investment strategy for a specific objective and consider investing in the correct section of mutual funds in accordance with your timeframe.

3) Expand Your Investments Based on Your Personal Risk Tolerance

When investing in a specific asset class, your appetite for risk is the degree of risk you are willing to take. Every investor has a unique risk appetite, and it is affected by a combination of factors including discretionary income, the horizon of the capacity of investments, as well as other needs.

4) Within A Few Years, Evaluate the Portfolio’s Performance.

Your SIP mutual fund portfolio should be reviewed on a regular basis. Once every three or four years, this will help you get rid of underperformers and enhance your portfolio’s returns.

Performance Of the Best SIP Plans of 2022

1) Quant Tax Plan Direct-Growth

Quant Tax Plan Direct-Growth is an Equity Mutual Fund Scheme launched by Quant Mutual Fund. It is considered the Best Mutual Fund for SIP India. The scheme aims to generate capital appreciation by investing predominantly in equity shares with growth potential. The secondary objective is to give dividends and other income.

2) Quant Infrastructure Fund Direct-Growth

Quant Infrastructure Fund Direct-Growth is an Equity Mutual Fund Scheme launched by Quant Mutual Fund. The fund aims to invest predominantly in equity and equity-related instruments of the companies in the infrastructure sector and is the Best SIP to Invest In 2022.

3) BOI AXA Small Cap Fund Direct-Growth

BOI AX Small Cap Fund Direct-Growth is an Equity Mutual Fund Scheme launched by BOI AXA Mutual Fund and is known as the Best SIP Plan. The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity-related securities of small cap companies.

4) Edelweiss Government Securities Fund Direct-Growth

Edelweiss Government Securities Fund Direct-Growth is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. The investment objective is to generate income by investing primarily in the money market and short-term debt instruments and is one of the Best SIP in Groww App.

5) HDFC Credit Debt Risk Debt Fund Direct-Growth

HDFC Credit Risk Debt Fund Direct-Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. The scheme seeks to generate income/capital appreciation by investing predominantly in AA and below-rated corporate debt.

6) ICICI Prudential All Seasons Bond Fund Direct-Plan-Growth

ICICI Prudential All Seasons Bond Fund Direct-Plan-Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. The scheme seeks to generate income through investments in a range of debt instruments and money market instruments and the plan aims to maintain the optimum balance of yield, safety, and liquidity.

7) Quant Multi Asset Fund Direct-Growth

Quant Multi Asset Fund Direct-Growth is a Hybrid Mutual Fund Scheme launched by Quant Mutual Fund. The scheme aims to generate income and capital appreciation by investing in instruments across the three asset classes viz. Equity, Debt and Commodity.

 8) Quant Absolute Fund Direct-Growth

Quant Absolute Fund Direct-Growth is a Hybrid Mutual Fund Scheme launched by Quant Mutual Fund. The scheme seeks to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments.

 9) Baroda BNP Paribas Aggressive Hybrid Fund Direct-Growth

Baroda BNP Paribas Aggressive Hybrid Fund Direct-Growth is a Hybrid Mutual Fund Scheme launched by BNP Paribas Mutual Fund. The scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments.

Conclusion

This was the list of the Best Mutual Funds for SIP in 2022. A Systematic Investment Plan can be started at any time to ensure that risk is minimized by selecting the appropriate scheme plan for the investor based on their risk-return profile. It is critical for the investor to choose a scheme that will help them achieve their long-term goals and meet their financial objectives. 

Disclaimer: The views expressed in this post are that of the author and not those of Groww.

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Research Analyst - Bavadharini KS

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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