Best Mutual Funds to Start SIP with Rs 1000

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Now, talking about the best SIP plans, a question often pops-up that on what basis these schemes have been selected. Well, there are a number of parameters that are considered while short-listing the best ones.
Firstly, the experts examine the portfolio of the scheme which includes asset allocation, the sectors selected for investment, and the companies towards which it has inclined its assets the most.
Secondly, the performance is analyzed by undergoing the past absolute returns and the rolling returns. The performance by different schemes is compared on the basis of returns that they have generated under distinct market conditions.
Thirdly, how the risk is being managed plays an important role in the functioning of the scheme, and thus in our selection. Standard deviation, mean, Beta, Sharpe ratio, Upside ratio, downside ratio, and maximum drawdown tell a lot about the scheme’s future.
Fourthly, the fund managers are the backbone of any scheme as all the decisions are taken by them. A scheme’s functioning depends largely on the strategies followed by them. Thus, in the end, the convictions and bets taken by the respective fund manager(s) are checked.

1.What SIP Investment of Rs. 1000 Monthly Offers?

As you can see in the above-mentioned table, the returns are varying for investors with different risk appetite. Where an aggressive investor will be able to yield Rs. 92,249 with a monthly investment of Rs. 1000 for five years, a highly conservative investor will yield Rs. 73,967 in the same period.

In the above table, you can see the maturity amount an investor will receive at the completion of investment tenure. A highly conservative investors with an investment of Rs. 1000 for 20 years will yield Rs. 5,92,947 (Amount invested being Rs. 2,40,000), whereas an aggressive investor will yield Rs. 11,45,519 on the same amount. Thus, you can see that it’s much more beneficial to invest via SIP mode for a long term.

2.Top SIP Schemes to Invest with Rs. 1000 in 2018

As you have read about the parameters on the basis of which the top schemes are selected and what SIP of Rs. 1000 can offer one, let’s go through the best SIP plans recommended by experts.

2.1 Mirae Asset Emerging Bluechip Fund (G)

Launched on July 09th, 2010, the investment objective of this scheme is to generate capital appreciation by investing in large and mid-cap companies. This scheme is a great option to invest in right now as such types of funds are yielding great results in the current time. This scheme is a top fund, when it comes to large and mid-cap category as it has beaten all its peers along with benchmark and category when it comes to performance by a good margin. It has invested around 99.33% in equity which indicates the high return chances that it holds.

Performance

Risk Measurement

Who Should Invest?

This scheme is appropriate for aggressive investors who are willing to earn long-term capital appreciation through investment in large and mid cap companies.

2.2 Axis Bluechip Fund (G)

This scheme helps investors earn long-term capital appreciation by investing in large-cap companies including derivatives. The aim is to outperform its benchmark with lower risk involvement. The companies in whose stocks this scheme has invested in are traded frequently, and hence are liquid and considered to be less volatile.

Performance

Risk Measurement

Who Should Invest?

This scheme is for those investors who seek a diversified portfolio for investment leading to capital appreciation. It should be noted that the risk involved is moderately high so only investors with such appetite must invest in it.

2.3 Kotak Standard Multi Cap Fund (G)

Formerly known as Kotak Select Focus Fund, this scheme mainly invests in the equity and equity-related instruments of companies belonging to selected sectors across the market capitalization. Since it is a multicap fund, it will get a benefit of investment in small cap in the form of high returns in the bull phase, a cushion by large cap in bear phase, and comparatively consistent returns through investment in mid-caps.

Performance

Risk Measurement

Who Should Invest?

Investors who like to invest in a few sectors to generate long-term capital growth may invest in this top performing scheme. Aggressive investors interested in investing in equity may add it to their portfolio.

2.4 L&T Mid Cap Fund (G)

Launched on August 09th, 2004, this scheme is a top performing mid-cap scheme which has left behind all its competitors, benchmark, and category in terms of returns. This open-ended scheme mainly invests in the mid-cap stocks to generate long-term capital appreciation. The fund of the scheme is in accordance with the category’s requirement as it has invested around 80.54% in mid-cap stocks, and thus holds a great opportunity for growth.

Performance

Risk Measurement

Who Should Invest?

The risk involved in this scheme is high which means that this is apt for aggressive investors who look for an opportunity to earn high returns. People who wish to add a mid-cap scheme in the growth opportunity that comes with it should invest in this scheme. To read its in-depth analysis done by our experts, click here

Conclusion

All the above top performing schemes belong to equity category and to be specific, large and mid cap category, which are anticipated to generate remarkable returns in the coming time. Investing in these schemes through SIP of just Rs 1000 will only be an add-on, just make sure that you remain invested for a long time to avail the most of it. To invest in these top SIP funds, simply log-on to MySIPonline and to get rid of any doubt, feel free to contact us anytime.

Must Read:

• If you are an investor who wishes to invest in mid cap funds, read 5 Best Mid Cap Funds to Invest in 2018.
• Looking for tax saving mutual funds? Your search ends here: 5 Best Tax Saving (ELSS) Mutual Funds .
• Planning for long-term investment of 8 to 10 years? Then this blog is surely going to help you: Top 5 Best Large Cap Funds for 8-10 Years.