2019-5-28 11:04 |
SIP investment is burgeoning as a popular choice of investment for most of the individuals. As one of the simplest and disciplined investment option, the SIP plan provides a systematic approach towards investment and helps investors to gain maximum return on investment (ROI) over a long term period. Nowadays, more and more investors are keenly venturing into this investment option, there are many different types of SIP plans available in the market. Further, in this article, we will elaborately discuss best SIP investment plan 2019 which offers maximum ROI.
The important criteria used to choose these funds are:
The exceptional performance of the fund in the past 3-5 years. Credit Rating Information Services of India Limited (CRISIL) of rang 1-2 has been placed towards the top list. The funds have a high rating of 4 or above.Best SIP Investment Plan 2019
Funds Name Returns 1 year Returns 3 years Returns 5 Year Franklin India Prima Fund -7.60% 11.16% 17.74% Axis Bluechip Fund 6.77% 14.38% 13.94% ICICI Prudential Value Discovery Fund -2.37% 8.66% 14.52% Mirae Asset Tax Saver Fund 2.42% 19.80% — Axis Long Term Equity Fund -0.61% 13.44% 17.33% DSP equity opportunities fund 1.74% 16.25% 17.60% HDFC small cap fund -11.94% 17.05% 18.26% Kotak Standard Multi-cap Fund 10.67% 18.65% 15.50%
Franklin India Prima Fund
Franklin India Prima Fund is an equity oriented SIP mutual fund scheme offered by Franklin India Mutual Fund, one of the leading fund houses in India. The main objective of this scheme is to provide capital appreciation to the investors along with the benefit of regular dividend income. Under this fund option, the money is majorly invested in equity and equity-related securities, money market, and debt fund.
Moreover, the fund also focuses on making an investment in companies which are proficient of making capital appreciation regardless of sector bias and market capitalization. Currently, approximately 75% of the Franklin India equity fund portfolio consists of large-cap equity investment. This fund option is best suitable for individuals who have a high-risk appetite and wants to gain a long-term capital return.
Axis Bluechip Fund
Axis Bluechip fund has been rated as the top performing large-cap fund. The fund has been performing exceptionally well in past 3-5 years in the market. The fund main objective is to provide long-term capital growth to the investors by making an investment in a diversified portfolio majorly consists of equity and equity-related securities of a large-cap fund. This fund option is best suitable for individuals who have a high-risk appetite and wants to gain a higher return on investment in a long-term period.
ICICI Prudential Value Discovery Fund
As one of the best SIP investment plan 2019, ICICI Prudential Value Discovery Fund is an open-ended fund, which aims to generate maximum ROI through a combination of capital appreciation and dividend income by making an investment in a well-diversified portfolio of value stocks. ICICI Prudential Value Discovery Fund has consistently maintained a high rating since its launch in the year 2004. Earlier the fund used to focus on mid-cap stocks, in which the returns where low. However, in recent time the fund majorly invests in large-cap stocks which provide consistent returns in a long-term.
Mirae Asset Tax Saver Fund
Due to its excellent performance, Mirae Asset Tax Saver Fund has become very popular in a short span of time. Under this und option 77% of the portfolio focuses on large-cap companies and the rest 23% of the assets are allocated in mid and small cap companies. As an open-ended equity scheme, the fund main objective is generating long-term capital growth by investing in a diversified portfolio of equity and equity-related securities. As an equity-linked saving scheme, the plan also provides tax benefit under section 80C Income Tax Act 1961.
Axis Long-Term Equity Fund
Axis long-term equity fund is a popular choice of SIP investment for investors who wants to avail continues ROI on their tax saving investments. the major objective of axis long-term equity fundis to generate a long-term capital return by making an investment on a portfolio containing high-quality equity stocks and equity derivatives. This fund option is best suitable for investors who want to avail continues to return on investment along with the benefit of tax saving.
DSP Equity Opportunities Fund
The major objective of this fund is to offer capital appreciation by making investment majorly in equity and equity-related securities of large-cap and mid-cap companies. The scheme has offered a return of 17% to 22% in last 3-5 years making it most suitable for investors who want to invest in high performing SIP to meet their financial goals in a long run.
HDFC Small Cap Fund
HDFC small-cap fund is one of the best performing SIP mutual funds which primarily invests in mid-cap and small-cap companies. The main objective of this fund is to provide long-term capital growth to its investors through investments in equity and equity related instruments. However, the fund also provides the flexibility to the investors to invest some portion of capital in the different large-cap fund.
Kotak Standard Muti-Cap Fund
Over the past 5 years, the fund has delivered a return at 19.48%. As an open-ended equity scheme, the fund is known as one of the best SIP investment plan 2019. The fund majorly aims to provide long-term capital growth to the investors by making investment majorly in equity and equity-related securities. Under this fund option, 77% of the assets are invested in large-cap companies, whereas 21% of the asset is invested in mid-cap companies and 1% in small cap-companies.
Wrapping it Up!
Even though these SIP plans provide the facility of flexibility and convenience to you, your key objective should be to stay invested in SIP for a longer tenure and avoid any short-term financial limitations. Thus, you can achieve your long-term and short term goals by making a disciplined and smart investment.
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