Best SIP Plans for 5 years in India | 2024

best sip for 5 years
Starting your financial investment journey demands careful planning and consideration. One method to standout is the Systematic Investment Plan (SIP), well-known for its strategic approach in steadily growing wealth over time.SIPs enable investors to consistently allocate a set amount into mutual funds, smoothing out investment fluctuations by spreading costs. Identifying the best SIP for a 5-year period empowers investors to adapt to market shifts proactively while reducing potential risks.Explore: Best sip for 3 yearsIn this article, we will go over the necessary complexities involved in choosing the best SIP plans to invest in for 5 years. The decisions you make today can significantly impact the future, and this knowledge will help you make informed choices.Explore: Peer to Peer lending lending platform in India

The Best SIP Plans for 5 Years in Equity Funds

While equity funds can move a lot, they can also bring higher returns. Choosing the best SIP plans is important. Look into Large and Mid-cap funds, Multi-Cap and Flexi-cap funds, or Focused funds that focus on a few key investments. These SIP options choices offer great yearly returns and let you tweak your investments as needed.”
FundCategoryAssets Under Management (AUM)Minimum InvestmentReturns (per annum)
Quant Active Fund Direct-GrowthMulti Cap₹6,060 Crores₹1,000+28.97%
Quant Large and Mid Cap Fund Direct-GrowthLarge and Mid Cap₹1,127 Crores₹1,000+25.15%
Parag Parikh Flexi Cap Fund Direct-GrowthFlexi Cap₹44,038 Crores₹1,000+ 23.78%
Quant Focused Fund Direct-GrowthFocused₹417 Crores₹1,000+ 22.65%
Kotak Equity Opportunities Fund Direct-GrowthLarge and Mid Cap₹15,261 Crores₹500+ 21.08%
Edelweiss Large and Mid Cap Fund Direct Plan-GrowthLarge and Mid Cap₹2,221 Crores₹500+ 21.25%
PGIM India Flexi Cap Fund Direct-GrowthFlexi Cap₹5,633 Crores₹1,000+ 19.89%
Sundaram Focused Fund Direct-GrowthFocused₹893 Crores₹100+ 18.29%
Canara Robeco Emerging Equity Fund Direct-GrowthLarge and Mid Cap₹17,563 Crores₹1,000+ 18.83%
DSP Flexi Cap Fund Direct Plan-GrowthFlexi Cap₹8,856 Crores₹500+ 18.90%
Source: ET MoneyExplore: Top 10 Best Trading Apps In India

The Best SIP Plans for 5 Years in Debt Funds

SIP Debt funds provide investors with a stable path for a 5-year investment horizon. The following SIP options can help investors shield against the volatile nature of the market with the end-term objective of consistent returns.

Depending on the category, each option offers specific risk preferences and return expectations, which can be examined for the ideal investment opportunity.

FundCategoryAssets Under Management (AUM)Minimum InvestmentReturns (per annum)
SBI Magnum Income Direct Plan-GrowthMedium to Long Duration₹1,672 Crores₹5008.52%
SBI CRISIL IBX Gilt Index – June 2036 Fund Direct – GrowthTarget Maturity₹2,133 Crores₹1,0009%
Kotak Gilt Investment Direct-GrowthGilt₹2,882 Crores₹1,0008.1%
Aditya Birla Sun Life Medium Term Plan Direct-GrowthMedium Duration₹1,892 Crores₹1,0009.43%
ICICI Prudential Medium Term Bond Fund Direct Plan-GrowthMedium Duration₹6,452 Crores₹1,0008.47%
HDFC Floating Rate Debt Fund Direct Plan-GrowthFloater₹ 16,420 Crores₹1007.82%

Source: ET Money

Know: How To Invest 1 Crore for Monthly Income

Best SIP Plans in India Based on 5-Year Performance

Best investment decision is often a right balance between equity and debt. This also helps you to create a diversified portfolios. The table below offers a comprehensive ranking of some of the best SIP Plans for 5 years.

FundCategoryAssets Under Management (AUM)Minimum InvestmentReturns (5 Years)
Nippon India Large Cap Fund Direct-GrowthLarge Cap₹16,638 Crores₹1,00015.33%
SBI Bluechip Direct Plan-GrowthLarge Cap₹38,598 Crores₹50014.79%
Edelweiss Large Cap Fund Direct -GrowthLarge Cap₹557 Crores₹10014.01%
Aditya Birla Sun Life Frontline Equity Fund Regular-GrowthLarge Cap₹23,003 Crores₹1,00013.35%
ICICI Prudential Bluechip Fund Direct-GrowthLarge Cap₹ 41,269 Crores₹10014.36%

Source: Policy Bazaar

Conclusion

SIPs offers various chances for investors to foster financial growth. The information provided in this article will help you explore the best SIP plans for 5 years in India and inform you to make informed investment decisions.

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.


LenDenClub is India’s largest Peer to Peer lending platform which started operations in India in 2015. We have been helping lenders diversify their portfolio beyond traditional investment instruments ever since.

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*Calculated as per the last 6 months’ average returns by lenders who lent for 12 months tenure

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The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or lending simple interest. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any lending decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ lending amounts.

*This is an annualized yield and is subject to the maximum FMPP tenure, which is 5 years. P2P lending is subject to high risk and may cause an entire loss of principal.
 

*P2P lending is subject to risks. And lending decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.

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