Mutual Fund SIP Calculator: 10 Schemes with Up to 96% Returns Across All Equity Categories in 1 Year
Today, SIP investment in mutual funds is very popular among investors and is considered a safe method to invest as the investment is spread over time. An SIP (systematic investment plan) allows you to contribute a fixed sum on a regular basis, monthly or quarterly, as opposed to a lump sum investment. An SIP can be started with an amount as low as Rs 100 per month. Similar to a recurring deposit in banks, SIP investment is hassle-free as your fund house gets your contribution through automated monthly deductions.
SIP investments help mitigate market volatility by spreading the investment over time. Regular contributions allow investors to buy more units when the market is down and fewer units when prices are high, averaging the cost of mutual fund units over time. This strategy, known as rupee-cost averaging, reduces market risk associated with timing.
Top 10 SIP Schemes with Best Returns in the Last 1 Year
- Quant Infrastructure Fund – Direct Plan – Growth
- NAV: Rs 45.25
- SIP Return in 1 year: 95.89%
- Corpus Growth: Rs 10,000 SIP started 1 year back would have grown to Rs 1,72,467.
- Invesco India Infrastructure Fund – Direct Plan – Growth
- NAV: Rs 74.95
- SIP Return in 1 year: 92.19%
- Corpus Growth: Rs 10,000 SIP started 1 year back would now be Rs 1,70,614.
- Quant Mid Cap Fund – Direct Plan – Growth
- NAV: Rs 262.35
- SIP Return in 1 year: 81.70%
- Corpus Growth: Rs 10,000 SIP would have grown to Rs 1,65,306 in 1 year.
- Kotak Nifty Next 50 Index Direct Plan – Growth
- NAV: Rs 19.73
- SIP Return in 1 year: 80.58%
- Corpus Growth: Rs 10,000 SIP started 1 year back would be Rs 1,64,734 now.
- UTI Nifty200 Momentum 30 Index Direct Plan – Growth
- NAV: Rs 23.52
- SIP Return in 1 year: 80.53%
- Corpus Growth: Rs 10,000 SIP started 1 year back would now be Rs 1,64,707.
- Quant Large & Midcap Direct Plan – Growth
- NAV: Rs 131.74
- SIP Return in 1 year: 75.95%
- Corpus Growth: Rs 10,000 SIP would now be Rs 1,62,358.
- ICICI Prudential Bharat 22 FOF Direct Plan – Growth
- NAV: Rs 32.07
- SIP Return in 1 year: 72.86%
- Corpus Growth: Rs 10,000 SIP started 1 year back would now be Rs 1,60,745.
- ICICI Prudential Infrastructure Direct Plan – Growth
- NAV: Rs 194.10
- SIP Return in 1 year: 72.59%
- Corpus Growth: Rs 10,000 SIP started 1 year back would have grown to Rs 1,60,623.
- Kotak Infrastructure and Economic Reform Direct Plan – Growth
- NAV: Rs 75.79
- SIP Return in 1 year: 72.45%
- Corpus Growth: Rs 10,000 SIP started 1 year back would now be Rs 1,60,548.
- Bank of India Flexi Cap Direct Plan – Growth
- NAV: Rs 35.58
- SIP Return in 1 year: 70.93%
- Corpus Growth: Rs 10,000 SIP started 1 year back would now be Rs 1,59,758.
Benefits of SIP Investments
- Mitigates Market Volatility: By spreading investments over time, SIPs help reduce the risk of market volatility.
- Rupee-Cost Averaging: Investors buy more units when prices are low and fewer units when prices are high, averaging out the cost.
- Small Initial Investment: SIPs can be started with amounts as low as Rs 100 per month, making it accessible to many investors.
- Hassle-Free Investment: Automated monthly deductions make the investment process convenient and disciplined.
Conclusion
SIP investments in mutual funds offer a strategic way to mitigate market risks and optimize returns. The top-performing SIP schemes have delivered impressive returns over the past year, making them an attractive option for investors looking to grow their wealth systematically. By leveraging rupee-cost averaging and spreading investments over time, SIPs provide a safer and more efficient method to navigate market fluctuations.
