Top 10 Mutual Funds for SIP to Invest in 2021 – Best SIP Plans

Mutual Funds for SIP

Top 10 Mutual Funds for SIP to Invest in 2021. Find the best SIP plans for 10 years or more in India.

Are you looking to start investment in Systematic Investment Plans – SIP in Mutual fund schemes? Did you search Top 10 Mutual Funds for SIP to Invest on the internet? If the answer is yes, this guide may resonate with you.

Most now mutual fund investors ask what are good mutual funds to invest or which is the most profitable SIP? or Which is the best SIP to invest while starting their investment journey.

Try online search, which SIP is best for beginners? Mostly search results would take you some well-known websites with top 10, best, or ready-made list of Mutual Funds for SIP to Invest. \Most often, the mutual fund schemes may be shortlisted from a single category; on the basis on their short-term fund, performance may dominate the list.   

That is why SugerMint decided to put out a list of top 10 Mutual Funds for SIP to Invest in India. Read till the end to ensure you are selecting the best SIP plan for you.

Based on the above criteria, we have made a list of top 10 Mutual Funds for SIP to Invest in India in different categories of equity-linked saving schemes, small-cap, large-cap, and multi-cap.

Here is the list of best SIP to invest

  1. Parag Parikh Long Term Equity Fund
  2. Axis Midcap Fund
  3. Mirae Asset Large Cap Fund
  4. Reliance Small Cap Fund
  5. SBI Small Cap Fund
  6. Aditya Birla Sun Life Net Value Fund
  7. UTI Transformation and Logistics Fund
  8. Kotak Standard Multicap Fund
  9. SBI Equity Hybrid Fund
  10. DSP Midcap Fund

Some SIP schemes have given investors a return of more than 30 per cent in five years.

As you know, Systematic Investment Plans (SIP) is one of the best way of investing to achieve long term goals.

Systematic Investment Plans is effective for those investors who are afraid of market volatility.

The biggest advantage of investing in an SIP is that instead of making a lump sum investment, you can get a handsome return by depositing a fixed amount regularly.

Not only long term but also medium term goals can be achieved through Systematic Investment Plans (SIP).

There are some SIP schemes, which have given investors a return of more than 30 per cent in five years.

How does SIP work?

In Systematic Investment Plans (SIP), Mutual fund investors can invest a fixed amount on a monthly or quarterly basis at fixed time intervals.

To initiate this, investors have to fill up a SIP form and order the bank to withhold the amount at regular intervals so that a fixed amount is automatically invested in the mutual fund scheme at regular intervals from the account.

At the time the amount is deducted from the account you get units based on NAV (Net Asset Value) which means you will get more units if the markets are down.

It is better to invest at regular intervals than a lump sum

It is better to invest in SIPs than to invest a single amount as at that time the unit amount is allocated as per NAV.

In contrast, SIPs allocate units according to the NAV at the time of investment, i.e. more units are available when the market is down and fewer units are available when the markets are higher.

In the long run, you are likely to have more units than a lump sum investment thus increasing your chances of getting a higher return.

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Investing in SIPs in this way does not have to worry much about market volatility.