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Jan 30, 2019 7 min read

5 Best SIP Plans to Invest with Rs 100

Know about the best SIP plans to initiate investment in mutual funds with just Rs 100.

As soon as you would have read the title, you must be like, “...these are the plans I needed.” Well, no! For us being an expert, it is essential to burst the bubble and tell you that it would be nice if you start with a minimum amount of Rs 1000 or Rs 500 at least; as this way, you will be able to earn better returns with time. This blog is specifically for college-goers or millennials who can save this little amount and invest in something which can help them fulfill their future monetary goals. A hundred buck is just a small amount which most of us have usually spent buying a sandwich at the college cafeteria, so why not invest it and make a corpus out of it. We are sure it won’t take much of our words to convince you for this one. So without any further delay, let’s directly jump to the recommendations.


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ICICI Prudential Bluechip Fund

ICICI Pru Bluechip Fund has created a buzz in the mutual fund industry. It was launched amid the market crisis of 2008, so the beginning was not impressive, but soon, it has been providing consistent growth without showing a sign of weakness. This is the reason it lands up on the list of all mutual fund recommendations. ICICI Pru Bluechip Fund Growth Plan has been following an optimal asset allocation as well as an investment style. To ensure high growth along with the stability, it has been following a mix of value and growth investment style.

Being from the large-cap category, it picks instruments from the top 100 stocks of the mutual fund market as per the market capitalization. Also, in addition to the equities, a small part is also given to the debt space (4.26%), so that a pinch of extra stability can be added. It has been successful in offering 14.88%, 13.69%, and 18.70% returns in five, seven, and ten years, respectively which are all way ahead of its benchmark and category’s average.

Basic Information- ICICI Prudential Bluechip Fund
Category Equity: Large Cap
Benchmark NIFTY 100 TRI
Launch Date 23-May-08
Asset Size Rs. 20,115 crore (As on Dec 31, 2018)
Expense Ratio 2.10% (As on Dec 31, 2018)
Minimum investment Rs. 100
Minimum SIP Rs. 100
Return Since Inception 13.60%
Exit Load 1% on redemption before 365 days

Reliance Small Cap Fund

Reliance Small Cap Fund was launched on Sep 16, 2010, and for the starting few years, it was a flat performer. But, after Nov 2013, it started showing significant growth and provided exceptional returns even when the small-cap index was not performing well. The fund has not only managed to perform spectacularly in the long term, but it has capped the losses exceptionally better than its benchmark as well as the category in the past year. This shows that the management is excellent and the strategies are working in favor of the scheme.

The best way to predict the future of a scheme like Reliance Small Cap Fund G is through its asset allocation style. It is an equity- small-cap category scheme, but recently it has increased its investment in debt (6.47%) and cash instruments (3.1%) to deal with the volatility in the small-cap space. It is a great investment for investors with high-risk appetite and long investment tenure.

Basic Information- Reliance Small Cap Fund
Category Equity: Small Cap
Benchmark S&P BSE Small Cap TRI
Launch Date 16-Sep-10
Asset Size Rs. 7,461 crore (As on Dec 31, 2018)
Expense Ratio 2.29% (As on Dec 31, 2018)
Minimum investment Rs. 5000
Minimum SIP Rs. 100
Return Since Inception 17.01%
Exit Load 1% on redemption before 365 days

ICICI Prudential Midcap Fund

ICICI Prudential Mid Cap Fund was launched on October 24th, 2018 by ICICI Pru Mutual Fund. Due to its mind-blowing performance, it has managed to bring its name on the list of top performing funds in 2018 in the mid-cap category. This fund’s annual average return since launch has been around 17%. Although it has generated little less returns compared to its benchmark NIFTY Midcap 150 TRI, with time it has managed to do well.

Basic Information- ICICI Prudential Midcap Fund
Category Equity: Mid Cap
Benchmark NIFTY Midcap 150 TRI
Launch Date 28-Oct-04
Asset Size Rs. 1,577 crore (As on Dec 31, 2018)
Expense Ratio 2.46% (As on Dec 31, 2018)
Minimum investment Rs. 5000
Minimum SIP Rs. 100
Return Since Inception 16.59%
Exit Load 1% on redemption before 365 days

ICICI Prudential Multicap Fund

Another bright performer from ICICI Pru MF, ICICI Prudential Multi Cap Fund has been a conservative player of the multi-cap category but still, it has managed to outperform its benchmark and category’s average returns in the long term tenures of five, seven, and ten years. Currently, the fund holds 68 stocks in its portfolio where 77.9% has been assigned to giant and large-cap companies, and the rest is distributed among mid and small-cap segment. Its standard deviation is marginally less than its benchmark and category’s average which shows that the fund manager is not taking that risky bets in the current volatile market. On a risk-adjusted basis, the returns of ICICI Prudential Multi Cap Fund  stand out in the risk-adjusted quartile ranking model of a conservative investor who is willing to seek benefit from the equity market.

Basic Information- ICICI Prudential Multicap Fund
Category Equity: Multi Cap
Benchmark NIFTY 100 TRI
Launch Date 23-May-08
Asset Size Rs. 3,121 crore (As on Dec 31, 2018)
Expense Ratio 2.39% (As on Dec 31, 2018)
Minimum investment Rs. 5000
Minimum SIP Rs. 100
Return Since Inception 14.50%
Exit Load 1% on redemption before 365 days

Reliance Large Cap Fund

Reliance Large Cap Fund has a track record of generating some of the highest returns in the category and all credit for that goes to the sound investment strategies of Reliance MF. The scheme is following a partially diversified stock-picking style and currently has investments in 45 stocks. As for the investment style, it is a blend of growth and value investing which allows it to take benefit from the opportunities arising in the equity market. It also holds major investments in the finance sector (36.61%), and the highest allocation is in big players of the stocks market such as the State Bank of India (9.53%), Larsen & Toubro (6.00%), Axis Bank (5.76%), ICICI Bank (5.22%), and HDFC Bank (5.06%). It can be an ideal choice if you’re someone who can handle moderate risk and have high growth expectations.

Basic Information- Reliance Large Cap Fund
Category Equity: Large Cap
Benchmark S&P BSE 100 TRI
Launch Date 8-Aug-07
Asset Size Rs. 11,740 crore (As on Dec 31, 2018)
Expense Ratio 2.26% (As on Dec 31, 2018)
Minimum investment Rs. 5000
Minimum SIP Rs. 100
Return Since Inception 10.67%
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
 
Invest in the Best Mutual Funds
  • 100% Paperless
  • No Transaction Charges
  • Easy to Invest
  • Safe & Secure

Summing Up

Other than millennial, Investors from small towns or new ones can also plan to invest in the schemes listed above, for they would want to test the investment avenue with a minimal amount. Once comfortable, they can increase the amount gradually. The above-listed Systematic Investment Plans (SIPs) will allow you to invest a small amount of Rs 100 each month in a disciplined manner. Some of the schemes that we are recommending are deep in the negative returns (last one year), which is why they are available at a much lower NAV. Thus, this is your time to make the most when you can buy low and sell high. Happy Investing!

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