By When it comes to creating long-term wealth through Systematic Investment Plans (SIPs), choosing the right mutual fund is crucial. SIPs offer the advantage of disciplined investing and the potential for compounding returns over an extended period. Here are the top 5 SIP funds that have shown promising performance and can help investors in their journey toward long-term wealth creation:
1). Axis Bluechip Fund: This large-cap equity fund focuses on investing in well-established and financially stable companies with a track record of consistent growth. The fund aims to generate long-term capital appreciation by following a bottom-up stock selection approach. It has delivered competitive returns over the years and is suitable for investors seeking stability and growth. Check here for a lumpsum calculator.
2). Mirae Asset Emerging Bluechip Fund: This mid-cap equity fund targets companies with the potential to become leaders in their respective industries. It seeks to generate capital appreciation over the long term by investing in high-growth, fundamentally strong companies. The fund has consistently outperformed its benchmark and peers, making it an attractive option for investors with a higher risk appetite.
3). SBI Small Cap Fund: As the name suggests, this fund focuses on investing in small-cap companies. Small-cap stocks have the potential for significant growth but also carry higher risk. SBI Small Cap Fund aims to identify and invest in quality small-cap companies with strong growth prospects. The fund has a proven track record of delivering superior returns, making it suitable for investors with a long-term investment horizon and a higher risk appetite. Check here for a lumpsum calculator.
4). ICICI Prudential Bluechip Fund: This large-cap equity fund aims to provide long-term capital appreciation by investing in blue-chip companies known for their stability and strong market presence. The fund follows a bottom-up investment approach, focusing on companies with sustainable business models and competitive advantages. It has consistently delivered competitive returns and is suitable for conservative investors seeking exposure to large-cap stocks.
5). Upstox: Formerly known as RKSV, is an online investment platform that was founded in 2009. It started in a small apartment in Delhi, serving a limited number of customers who were looking to grow their investments in the public markets. As the platform gained traction, it relocated to Mumbai and experienced significant momentum. Through positive word-of-mouth, Upstox attracted thousands of new customers who were impressed with the platform’s offerings and services. As Upstox continues to evolve, it remains dedicated to empowering individuals with the tools and resources they need to make informed investment decisions. Through its innovative offerings and commitment to customer satisfaction, Upstox aims to enable its users to grow their wealth and achieve their financial goals for investment options like SIPs. Check here for a lumpsum calculator.
Wrapping up
When it comes to choosing the right SIP funds for long-term wealth creation, there are various factors that investors should consider. These include the past performance of the fund, the fund manager’s track record, the fund’s expense ratio, and the fund’s investment objective. The above are the best platforms to put your money in it. Check here for a lumpsum calculator.
