5 Top SIP Mutual Funds in India in 5 years: Rs 10,000 SIP in top fund has given Rs 14.44 lakh

 

SIP provides rupee cost averaging, which means you purchase a net asset value (NAV), or unit, at a different price every investment cycle. When the market is low, the price of NAV is low, when the market is high, the price is high.

Systematic investment plan (SIP) is the most preferred way to invest in mutual funds. It gives an investor the flexibility to invest as per their investment capacity. One can start investing in a SIP with as small an amount as Rs 500. SIP provides rupee cost averaging, which means you purchase a net asset value (NAV), or unit, at different pr es every investment cycle. When the market is low, the price of NAV is low, when the market is high, the price is high.

That's why every investment in SIP works as a fresh investment, where returns and taxes are calculated from the day of investment.

Many of the funds have give over 25 per cent annualised returns in the last five years.

Quant Active Fund Direct-Growth tops the chart. In this write-up, know the top 5 mutual funds in terms of SIP returns and what Rs 10,000 SIP in each of the fund has given in the last five years. 

Quant Active Fund

The fund is a multi cap with 35.70 per cent returns in the five-year period.

Its asset under management (AUM) is Rs 8,732 crore, while its NAV is worth Rs 719.46.

The 11-year-old fund has Nifty 500 Multicap 50:25:25 TRI as its benchmark.

The minimum SIP amount in the fund is Rs 1,000

It has an expense ratio at 0.71 per cent while its exit load is one per cent.

A Rs 10,000 SIP in the fund for five years in succession has given Rs 14.44 lakh in total. 
   

Quant Large and Mid Cap Fund

The fund at No. 2 position has given 34.34 per cent SIP returns in the five years.

Its AUM is Rs 2,110 crore while its NAV is worth Rs 123.80.

The benchmark for the fund is Nifty Large Midcap 250 TRI.

Its expense ratio is 0.75 per cent while its exit load is one per cent.

The minimum SIP investment amount in the fund is Rs 1,000.

A Rs 10,000 SIP in the 11-year-old fund has given Rs 14 lakh in total.  

Quant Focused Fund

The focused fund has given 29.96% return in the five years.

The fund's AUM is Rs 809 crore, while its NAV is Rs 94.04.

Benchmarked against NIFTY 500 TRI, the fund's expense ratio is 0.76 per cent while its exit load is one per cent.

The minimum SIP investment amount in the fund is Rs 1,000.

Anyone who started Rs 10,000 SIP in the fund five year ago has Rs 12.64 lakh in current time.

Parag Parikh Flexi Cap Fund

One of the most successful flexi cap fund has given 26.65 per cent SIP returns in the fie years.

Its AUM is Rs 60,559 crore while its NAV is worth Rs 77.31.

Its expense ratio is 0.57 per cent while the exit load is two per cent.

The fund's benchmark is NIFTY 500 TRI.

One needs to invest a minimum of Rs 1,000 as SIP investment.

A 10,000 SIP in the fund has given Rs 11.69 lakh in total.
   

Kotak Equity Opportunities Fund

The fund at No. 5 has given 26.62 per cent returns in the five-year period.

With a Rs 19,861 crore AUM, the fund has an NAV of Rs 344.85.

The fund's expense ratio is 0.53 per cent while its exit load is one per cent.

Benchmark against Nifty Large Midcap 250 TRI, the fund offers a minimum SIP investment of Rs 500.

A Rs 10,000 SIP in the fund has given Rs 11.68 lakh in total.