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Best Mutual Fund SIP Plans to Invest in 2021

10 November 2021
3 minutes

Mutual funds primarily offer investment through SIP option, lump sum option or both. One of the primary benefits of mutual funds is the option to invest via Systematic Investment Plan (SIP) which allows investors to invest small sums every month. 

SIPs in mutual funds provide an investor with diversification while also providing the benefits of rupee cost averaging. 

In this article, we will have a look at the top SIP mutual funds in India.

Note: The list comprises mutual fund schemes in descending order of 5 year historical returns. The returns mentioned are those of direct schemes. This is in no way a recommendation that historical returns should be considered foremost before making any investment. The data was last updated on November 9, 2021. 

Top SIP Mutual Funds in India:

 

Top 5 SIP plans – Equity: 

ICICI Prudential Technology 

3 Year SIP returns* 5 Year SIP returns* 
65.71% 44.43%

To know more about the fund, click here: ICICI Prudential Technology 

 

Tata Digital India

3 Year SIP returns* 5 Year SIP returns* 
60.77% 43.48%

To know more about the fund, click here: Tata Digital India

 

ABSL Digital India

3 Year SIP returns* 5 Year SIP returns* 
59.19% 41.46%

To know more about the fund, click here: ABSL Digital India

 

Quant Small Cap

3 Year SIP returns* 5 Year SIP returns* 
75.37% 41.02%

To know more about the fund, click here: Quant Small Cap

 

SBI Tech Opportunities 

3 Year SIP returns* 5 Year SIP returns* 
54.26% 38.55%

To know more about the fund, click here: SBI Tech Opportunities 

*as on November 9, 2021.

 

Top 5 SIP Mutual Funds – Debt: 

Baroda Credit Risk

3 Year SIP returns* 5 Year SIP returns* 
13.04% 9.84%

To know more about the fund, click here: Baroda Credit Risk

 

IDFC Government Securities Constant Maturity

3 Year SIP returns* 5 Year SIP returns* 
7.76% 9.56%

To know more about the fund, click here: IDFC Government Securities Constant Maturity

 

Edelweiss Government Securities

3 Year SIP returns* 5 Year SIP returns* 
9.20% 9.38%

To know more about the fund, click here: Edelweiss Government Securities

 

ICICI Prudential Constant Maturity

3 Year SIP returns* 5 Year SIP returns* 
8.35% 9.29%

To know more about the fund, click here: ICICI Prudential Constant Maturity

 

Edelweiss Banking and PSU Debt

3 Year SIP returns* 5 Year SIP returns* 
8.95% 9.22%

To know more about the fund, click here: Edelweiss Banking and PSU Debt

*as on November 9, 2021.

 

Top 5 SIP Mutual Funds – Hybrid Funds: 

 

Quant Absolute 

3 Year SIP returns* 5 Year SIP returns* 
43.14% 28.48%

To know more about the fund, click here: Quant Absolute 

 

Quant Multi Asset

3 Year SIP returns* 5 Year SIP returns* 
43.23% 28.17%

To know more about the fund, click here: Quant Multi Asset

 

BOI AXA Mid & Small Cap Equity and Debt

3 Year SIP returns* 5 Year SIP returns* 
39.36% 23.62%

To know more about the fund, click here: BOI AXA Mid & Small Cap Equity and Debt

 

ICICI Prudential Equity & Debt

3 Year SIP returns* 5 Year SIP returns* 
33.41% 21.83%

To know more about the fund, click here: ICICI Prudential Equity & Debt

 

Kotak Asset Allocator 

3 Year SIP returns* 5 Year SIP returns* 
27.69% 20.21%

To know more about the fund, click here: Kotak Asset Allocator 

*as on November 9, 2021.

This was the list of top SIP mutual funds in India 2021. It is important to note that to find out the ‘best’ plan, there is no one metric. Instead, investors should know their goals, risk appetite, financial status, time horizon, short and long term needs etc. and decide on the investment accordingly. 

Happy Investing!

Disclaimer: The content presented here is only for educational and informational purposes. It is not intended to be advice on what to buy or sell. 

To read the RA disclaimer, please click here.

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