Seeking to tap a larger number of small investors, the mutual fund industry is going all out with investment plans of as low as ₹ 100 per month and Reliance Mutual Fund, an Anil Dhirubhai Ambani Group company, was the first fund house to launch such a scheme, and had begun a new era of micro-SIPs.

With such schemes, Reliance Mutual Fund has taken the micro-SIP revolution to rural India, where even a daily wage earner can participate in India’s equity markets. With the entry level of SIP at ₹ 100 per month, investors would be in a better position to use ‘rupee cost averaging’ as investments spread regularly over a period of time would result in the average cost per unit coming down.

Read More: 9 Reasons Why SIP Investment Is the Best Way to Invest

What is SIP?

Mutual funds come with the option of Systematic Investment Plan (SIP). Systematic Investment Plan (SIP) is a way of investing money in mutual funds at regular interval. Most famous frequency is monthly.  With the benefit of rupee cost averaging, investing in mutual funds via the SIP mode becomes most favorable.

Read More: 13 Things to Know About SIP.

During volatile market situations such as right now, a SIP becomes a blessing in disguise for a common investor. As more units of the subscribed fund can be purchased at the corrected/ lower price. Thereby investors get their units at a lower average cost and therefore higher returns when the market situation improves.

Read More : All About SIP – Systematic Investment Plan

Minimum SIP amount can be as low as ₹ 100, so that maximum people can start investing in mutual funds. Here’s the list of top funds with minimum SIP amount of ₹ 100.

Funds with Minimum SIP Amount of Rs 100

Reliance Small Cap Fund

This is a Small Cap Equity Oriented Mutual Fund launched in September 16, 2010. It is a fund with high risk and have given a return of 22.74 % since its launch. Returns per annum over the years from this fund are :

Duration Returns
1 year  41.17 %
3 years  22.64 %
5 years  35.57 %

 Invest in Reliance Small Cap Fund Now

  • This fund has been rated as a 5 star fund by Groww.
  • AUM of close to ₹ 6371 Cr.
  • Age is nearly 7 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark S&P BSE Small Cap since its launch.
  • The top portfolio holdings of the fund include Navin Fluorine International Ltd., Deepak Nitrite Ltd., Aditya Birla Finance Ltd. (91D), V I P Industries Ltd., RBL Bank Ltd., Cyient Ltd., CBLO(CCIL) etc.
  • The holdings are balanced across various sectors with maximum weightage given to Consumer Goods ( 21.7 % ) followed by Industrial Manufacturing ( 15.1 % )
  • Minimum SIP = ₹ 100
  • Equity share = 93 % , Debt share = 0 % and Cash = 7 %
  • Large Cap share= 5.4 % , Mid Cap share = 46.4 % and Small Cap share = 48 %

This funds have exponential growth potential and give high returns on investment and is best suited for investors with high risk appetite or for seasoned investors. Also, this best for investors who have very good ideas of mutual funds and the risks associates with them. Associated with this fund for some good numbers of years for getting benefit of its high return on investment.

Reliance Banking Fund

This is a Sector Equity Oriented Mutual Fund launched in May 26, 2003. It is a banking sector fund with high risk and have given a return of 24.85 % since its launch.Returns per annum over the years from this fund are :

Duration Returns
1 year 21.88 %
3 years 12.36 %
5 years 18.19 %

Invest in Reliance Banking Fund Now

  • This fund has been rated as a 4 star fund by Groww.
  • AUM of close to ₹ 3101 Cr.
  • Age is nearly 14 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark CNX Bank since its launch.
  • The top portfolio holdings of the fund include HDFC Bank Ltd., ICICI Bank Ltd., Bharat Financial Inclusion Ltd., SBI, Kotak Mahindra Bank Ltd., Reliance Capital Ltd., Federal Bank Ltd. etc.
  • Being a sector mutgual fund, the holding is confined to banking sector only with all weightage Financial Services ( 100 % ).
  • Minimum SIP = ₹ 100
  • Equity share = 97.1 % , Debt share = 0 % and Cash = 2.9 %
  • Large Cap share= 68.8 % , Mid Cap share = 31.2 % and Small Cap share = 0 %

This is a well-performing sector fund available in market. The performance of this fund is dependent on the performance of the whole banking industry in India, which is under lot of stress with challenges from NPAs, corporate governance and by latest scams. Associated with this fund for some good numbers of years for getting benefit of its high return on investment.

Reliance Regular Savings Fund – Equity 

This is a Multi Cap Equity Oriented Mutual Fund launched in June 8, 2005. It is a fund with high risk and have given a return of 16.99 % since its launch. Returns per annum, over the years, from this fund are :

Duration Returns
1 year  25.12 %
3 years 10.99 %
5 years  18.37 %

Invest in Reliance Regular Savings Fund Now

  • This fund has been rated as a 4 star fund by Groww.
  • AUM of close to ₹ 3520 Cr.
  • Age is nearly 12 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark S&P BSE 100 since its launch.
  • The top portfolio holdings of the fund include Honeywell Automation India Ltd., HDFC Bank Ltd., Larsen & Toubro Ltd., HCL Technologies Ltd., SBI, Yes Bank Ltd., Bombay Burmah Trading Corporation Ltd. etc.
  • The holdings are balanced across various sectors with maximum weightage given to Consumer Goods ( 28.8 % ) followed by Industrial Manufacturing ( 15.8 % )
  • Minimum SIP = ₹ 100
  • Equity share = 96.9 % , Debt share = 0 % and Cash = 3.1 %
  • Large Cap share= 41.4 % , Mid Cap share= 53.9 % and Small Cap share= 4.7%

This is a well performing sector fund available in market, but there better option available in this category with higher minimum SIP amount. Multi-cap funds are risky as compared to large cap funds and depend a lot on the ability of fund manager. Associated with this fund for some good numbers of years for getting benefit of its high return on investment.

Reliance Regular Savings Fund – Balanced 

This is a Hybrid Equity Oriented Mutual Fund launched in June 08, 2005. It is a fund with moderately high risk and have given a return of 14.37 % since its launch. Returns per annum over the years from this fund are :

Duration Returns
1 year 18.37 %
3 years 12.03 %
5 years  17.6 %

Invest in Reliance Regular Savings Fund Now

  • This fund has been rated as a 5 star fund by Groww.
  • AUM of close to ₹ 11334 Cr.
  • Age is nearly 12 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark Crisil Balanced Fund Aggressive since its launch.
  • The top portfolio holdings of the fund include HDFC Bank Ltd., 9 Yes Bank Ltd., Grasim Industries Ltd, Infosys Ltd.. ICICI Bankt Pvt Ltd., Bharat Financial Inclusion Ltd., Larsen & Toubro Ltd., IOCL etc.
  • The holdings are balanced across various sectors with maximum weightage given to the Financial Services ( 43.7 % ) followed by Energy ( 10.4 %)
  • Minimum SIP = ₹ 100
  • Equity share = 71.6 % , Debt share = 26.6 % and Cash = 1.8 %
  • Large Cap share= 79.9 % , Mid Cap share= 18.2 % and Small Cap share= 1.9 %

This fund is diversified mutual funds having perfect balance between risk and returns on investment, and are most popular mutual funds these days. This type of funds also provide the fund manager with the flexibility of changing the debt and equity proportion depending upon the market situation. So in a bullish market, higher proportion will be attributed towards equity rather than debt.

Reliance Top 200 Fund

This is a Large Cap Equity Oriented Mutual Fund launched in August 08, 2007. It is a fund with moderately high risk and have given a return of 11.89 % since its launch. Returns per annum over the years from this fund are :

Duration Returns
1 year  22.94 %
3 years  10.41 %
5 years 18.77 %

Invest in Reliance Top 200 Fund Now

  • This fund has been rated as a 5 star fund by Groww.
  • AUM of close to ₹ 4149 Cr.
  • Age is nearly 10 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark S&P BSE 200 Fund since its launch.
  • The top portfolio holdings of the fund include Divis Laboratories Ltd., HDFC Bank Ltd., Larsen & Toubro Ltd., IOCL, SBI, Infosys Ltd., ITC Ltd., Tata Steel Ltd., Axis Bank Ltd. etc.
  • The holdings are balanced across various sectors with maximum weightage given to the Financial Services ( 32.3 % ) followed by Energy ( 10.3 %)
  • Minimum SIP = ₹ 100
  • Equity share = 95.3 % , Debt share = 0.2 % and Cash = 4.5 %
  • Large Cap share= 84.6 % , Mid Cap share = 15.4 % and Small Cap share = 0 %

This fund is one of the best large cap fund available in market. So, if you are thinking of investing a lump sum amount or for longer duration, this large cap fund is just the perfect choice for you. Large cap funds may give you good returns on your lump sum investment over the long term. The companies in the large cap funds portfolio are steady compounders and pay dividend on regular basis.

Reliance Vision

This is a Large Cap Equity Oriented Mutual Fund launched in October 08, 1995. It is a fund with moderately high risk and have given a return of 19.89 % since its launch. It is one of the oldest large cap fund available in market. Returns per annum over the years from this fund are :

Duration Returns
1 year  20.85 %
3 years  8.50 %
5 years  18.60 %

Invest in Reliance Vision Fund Now 

  • This fund has been rated as a 4 star fund by Groww.
  • AUM of close to ₹ 3715 Cr.
  • Age is nearly 22 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark S&P BSE 100 since its launch.
  • The top portfolio holdings of the fund include HDFC Bank Ltd., Larsen & Toubro Ltd., Tvs Motor Company Ltd., SBI, Infosys Ltd., Honeywell Automation India Ltd., Tata Steel Ltd., ABB India Ltd. etc.
  • The holdings are balanced across various sectors with maximum weightage given to the Financial Services ( 32.1 % ) followed by Industrial Manufacturing  ( 21.1 %)
  • Minimum SIP = ₹ 100
  • Equity share = 97.6 % , Debt share = 0.2 % and Cash = 2.2 %
  • Large Cap share= 81.2 % , Mid Cap share = 16.8 % and Small Cap share = 2 %

Much better large cap funds are available in market as compared to Reliance Vision Fund. Associated with this fund for investing lump sum amount some good numbers of years for getting benefit of its return on investment.

Reliance Floating Rate Fund – Short Term 

This is a Ultra Short Term Debt Oriented Mutual Fund launched in August 27, 2004. It is a fund with low risk and have given a return of 7.65 % since its launch. Returns per annum over the years from this fund are:

Duration Returns
1 year  5.69 %
3 years  7.45 %
5 years  8.13 %

Invest in Reliance Floating Rate Fund Now 

  • This fund has been rated as a 4 star fund by Groww.
  • AUM of close to ₹ 8685 Cr.
  • Age is nearly 13 years. So its performance can be easily judged.
  • Has not consistently outperformed its benchmark Crisil Liquid since its launch. Last 1 Year returns are lower than the benchmark.
  • The top portfolio holdings of the fund include 7.07 Reliance Industries Ltd. Dec 24 2020, 8.37 Rural Electrification Corporation, 7.9 Tata Sons Ltd. Mar 2 2020, 8.01 Rajasthan UDAY Bond Jun 23 2020 etc.
  • The holdings are balanced across various sectors with maximum weightage given to the Financial Services ( 61.1 % ) followed by Sovereign ( 18.1 % )
  • Minimum SIP = ₹ 100
  • Equity share = 0 % , Debt share = 97.1 % and Cash = 2.9 %

This fund is best for investors who are risk aversive in nature, do not wish to invest in stock market and expect fixed return on investment. One of the advantages of debt mutual funds is that these funds are highly liquid as compared to Fixed Deposits (FDs). An investor can withdraw his investments at any point of time.

Reliance Gilt Securities Fund

This is a Gilt Debt Oriented Mutual Fund launched in August 22, 2008. It is a fund with moderately risk and have given a return of 5.60 % since its launch. Returns per annum over the years from this fund are :

Duration Returns
1 year  3.11 %
3 years  7.19 %
5 years  8.56 %

Invest in Reliance Gilt Securities Fund Now

  • This fund has been rated as a 4 star fund by Groww.
  • AUM of close to ₹ 1516 Cr.
  • Age is nearly 9 years. So its performance can be easily judged.
  • Has not consistently outperformed its benchmark I-SEC Li-BEX since its launch. Last 1 Year returns are lower than the benchmark.
  • The top portfolio holdings of the fund include 7.35 GOI Jun 22 2024, 7.72 GOI May 25 2025, 6.68 GOI Sep 17 2031, 7.73 GOI Dec 19 2034, Current Assets, 8.17 GOI Dec 1 2044, 8.83 GOI Nov 25 2023 etc.
  • The holdings are not balanced across various sectors and maximum weightage given to the Sovereign ( 90.8 % ).
  • Minimum SIP = ₹ 100
  • Equity share = 0 % , Debt share = 81 % and Cash = 19 %

This funds invest in fixed income securities issued by Government of India with almost zero risk to the investor.  Better funds are available in market in same category. Associated with this fund for almost zero risk of investment and invest for longer duration to get its true benefit.

Reliance Monthly Income Plan

This is a Monthly Income Plans (MIPs) type Debt Mutual Fund launched in December 29, 2003. It is a fund with moderately low risk and have given a return of 10.42 % since its launch. Returns per annum over the years from this fund are :

Duration Returns
1 year  7. 44 %
3 years 6.89 %
5 years 10.05 %

Invest in Reliance Monthly Income Plan Now

  • This fund has been rated as a 4 star fund by Groww.
  • AUM of close to ₹ 2290 Cr.
  • Age is nearly 14 years. So its performance can be easily judged
  • Has consistently outperformed its benchmark Crisil MIP Blended since its launch.
  • The top portfolio holdings of the fund include 8.17 GOI Dec 1 2044, 6.68 GOI Sep 17 2031, 6.79 GOI May 15 2027, 10.6 Reliance Power Ltd. Mar 15 2018, 7.73 GOI Dec 19 2034, 9 Yes Bank Ltd., CBLO(CCIL) etc.
  • The holdings are balanced across various sectors with maximum weightage given to the Sovereign ( 38.6 % ). followed by Energy ( 21.8 % ) and Financial Services ( 17.9 %)
  • Minimum SIP = ₹ 100
  • Equity share = 20 % , Debt share = 65 % and Cash = 15 %

MIPs is the mixture of equities  and fixed income securities. So, this fund is suitable for investors with big lumpsum amount and want a monthly income on their investment.

Reliance Arbitrage Advantage Fund

This is a Hybrid Arbitrage Equity Oriented Mutual Fund launched in October 14, 2010. It is a fund with very low risk and have given a return of 8.07 % since its launch. Returns per annum over the years from this fund are :

Duration Returns
1 year  6.25 %
3 years  6.68 %
5 years  7.49 %

Invest in Reliance Arbitrage Advantage Fund Now

  • This fund has been rated as a 4 star fund by Groww.
  • AUM of close to ₹ 6463 Cr.
  • Age is nearly 7 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark Crisil Liquid since its launch.
  • The top portfolio holdings of the fund include Sun Pharmaceuticals Industries Ltd., IDFC Bank Ltd. (92D), Indiabulls Housing Finance Ltd., Bharti Airtel Ltd., Maruti Suzuki India Ltd. etc.
  • The holdings are balanced across various sectors with maximum weightage given to the Financial Services ( 31 % ) followed by Pharma ( 12.8 % )
  • Minimum SIP = ₹ 100
  • Equity share = 84.8 % , Debt share = 15.2 % and Cash = 0 %
  • Large Cap share= 60.1 % , Mid Cap share = 38.6 % and Small Cap share = 1.3 %

This fund is a type of equity mutual fund, takes advantage of differential pricing between the cash and futures (derivatives) markets to generate return on investment, as long as the derivatives are trading at decent premium. So, you can make profit by buying the share in cash market and sell it in derivatives market. This mispricing is the crux of arbitrage fund. The fund managers here reduce the risk of equities by hedging against the derivatives.

Reliance Pharma Fund

This is a Sector Equity Oriented Mutual Fund  launched in June 05, 2004. It is a fund with moderately high risk and have given a return of 21.25 % since its launch. Returns per annum, over the years, from this fund are :

Duration Returns
1 year  3.87 %
3 years  3.73 %
5 years  16.8 %

Invest in Reliance Pharma Fund Now 

  • This fund has been rated as a 5 star fund by Groww.
  • AUM of close to ₹ 1948 Cr.
  • Age is nearly 13 years. So its performance can be easily judged.
  • Has consistently outperformed its benchmark S&P BSE Healthcare since its launch.
  • The top portfolio holdings of the fund include Divis Laboratories Ltd., Sun Pharmaceuticals Industries Ltd., Abbott India Ltd, Biocon Ltd., Cipla Ltd., Dr Reddys Laboratories Ltd., Thyrocare Technologies Ltd. etc.
  • The holdings are concentrated in Healthcare sector only with maximum weightage given to Pharma ( 85.3 % ) followed by Healthcare Services ( 14.7 % ).
  • Minimum SIP = ₹ 100
  • Equity share = 98 % , Debt share = 1.1 % and Cash = 0.9 %
  • Large Cap share= 58.2 % , Mid Cap share = 35.7 % and Small Cap share = 6 %

This is not so well performing sector fund available in market in last couple of months. The performance of this fund is dependent on the performance of the whole Healthcare industry in India. But in the budget 2018 announcement, a lot of emphasis is given on development of this sector. So, in coming years this sector is expected to show good growth. Associated with this fund for some good numbers of years for getting benefit of its high return on investment.

Conclusion

SIPs shield you from many harms. Some of them are short term risks, short term volatility, emotional and impulsive reactions, overspending and so on. SIP plans are one of the safest and most convenient ways to invest in the equity markets of India through mutual funds. Learn more about SIP here. It is no surprise then to see the number of people opting to invest using SIP plans increase so much.

Also, not fall for the marketing gimmicks of such low priced SIP options from different mutual fund vendors. What you need to do is decide on the amount and the time horizon for which you invest and select a SIP option for investment as per your investment goals.

To look at some of the best performing funds from every category of mutual funds, check out Groww 30 best mutual funds to invest in 2018.

Happy Investing!

Disclaimer: the views expressed here are of the author and do not reflect those of Groww.