Best SIP Plans for 5 Years Investment 2024

SIPs are a great way of investing in mutual funds^^ for both long and short terms. It helps inculcate an investment discipline while offering compounded returns. But the question that remains is - how to find the best sip plans to serve your investment purpose.

SIP Insurance Plan Benefits

Start SIP with as low as ₹1000

No hidden charges

Save upto ₹46,800 in Taxunder section 80C^{^}

Zero LTCG Tax^¶

Disciplined & worry-free investing

Insurance Companies
Mutual Funds

Fund Name	3 Years	5 Years	10 Years
	Returns
Virtue II PNB Metlife	18.68%	25.83%	16.48% View Plan
Pure Equity Birla Sun Life	17.56%	21.84%	15.07% View Plan
Large Cap Equity Fund Tata AIA	18.45%	21.82%	14.88% View Plan
Grow Money Plus Fund Bharti AXA	14.74%	18.58%	14.12% View Plan
Pure Stock Fund Bajaj Allianz	17.34%	20.53%	14.04% View Plan
Diversified Equity Fund HDFC Standard	14.77%	17.79%	13.96% View Plan
Growth Super Fund Max Life	15.5%	17.5%	12.83% View Plan
Equity Fund SBI	14.88%	16.53%	12.1% View Plan
Bluechip Fund ICICI Prudential	13.23%	15.89%	11.33% View Plan
Growth Plus Fund Canara HSBC Oriental Bank	12.92%	13.89%	10.36% View Plan

Updated as of Nov 2024

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Fund Name	3 Years	5 Years	10 Years
	Returns
Active Fund QUANT	24.92%	31.48%	21.87%
Flexi Cap Fund PARAG PARIKH	20.69%	26.41%	19.28%
Large and Mid-Cap Fund EDELWEISS	22.34%	24.29%	17.94%
Equity Opportunities Fund KOTAK	24.64%	25.01%	19.45%
Large and Midcap Fund MIRAE ASSET	19.74%	24.32%	22.50%
Flexi Cap Fund PGIM INDIA	14.75%	23.39%	-
Flexi Cap Fund DSP	18.41%	22.33%	16.91%
Emerging Equities Fund CANARA ROBECO	20.05%	21.80%	15.92%
Focused fund SUNDARAM	18.27%	18.22%	16.55%

Updated as of Nov 2024

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Best SIP Plans for 3 and 5 Years in Equity Funds

Funds Name	3 Year Return	5 Year Return
Quant Small Cap Fund Direct Plan-Growth	67.91%	22.49%
Tata Digital India Fund Direct-Growth	37.81%	22.25%
ICICI Prudential Technology Direct Plan-Growth	51.73%	21.60%
SBI Technology Opportunities Fund Direct-Growth	36.75%	20.84%
Aditya Birla Sun Life Digital India Fund Direct-Growth	40.10%	20.80%
Quant Tax Plan Direct-Growth	51.73%	21.76%
Quant Mid Cap Fund Direct-Growth	46.37%	19.21%
Quant Active Fund Direct-Growth	46.72%	19.29%
Quant Infrastructure Fund Direct-Growth	40.10%	20.80%
Axis Small Cap Fund Direct-Growth	38.50%	18.34%

SIP Calculator

I know my investment amount I know my goal amount

Monthly SIP Yearly SIP Lumpsum

I want to invest Pro Tip

Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth

/Month

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Total Wealth ₹22.4 L

View Plans

I want to save

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Monthly Investment ₹22.4 L

View Plans

Top Funds with High Returns (Past 7 Years)

19.3%

High Growth Fund

15.61%

Accelerator Mid-Cap Fund II

15.48%

Opportunities Fund

Best SIP Plans for 3 and 5 Years in Debt Funds

Fund Name	3 Year Return	5 Year Return
DSP Government Securities Direct Plan-Growth	5.88%	8.34%
Aditya Birla Sun Life Medium Term Direct Plan-Growth	14.17%	8.51%
Bandhan Government Securities Investment Plan Direct-Growth	5.69%	8.39%
ICICI Prudential Constant Maturity Gilt Fund Direct-Growth	5.17%	8.44%
ICICI Prudential Gilt Fund Direct Plan-Growth	6.70%	8.36%
IDFC Government Securities Fund Constant Maturity Direct-Growth	5.19%	7.85%
Nippon India Gilt Securities Fund Direct-Growth	5.38%	8.07%
Kotak Gilt Investment Direct-Growth	6.23%	8.06%
ICICI Prudential All Seasons Bond Fund Direct Plan-Growth	7.07%	8.06%
SBI Magnum Gilt Fund Direct-Growth	6.12%	8.07%

start-an-sip-today-watch-your-money-grow

Best SIP Plans in Equity Funds

Equity funds are highly volatile but offer highest rate of returns. Listed below are some of the best equity funds for which you can start a SIP.

Quant Small Cap Fund Direct Plan-Growth

Quant Small Cap Fund Direct Plan-Growth is ideal for an investor looking for a medium to short-run investment. For example, an investor may expect a growth rate of 67.91% in 3 years under Quant Small Cap Fund Direct Plan-Growth. 5-years growth rate of the fund is 22.49%.
Tata Digital India Fund Direct-Growth

Tata Digital India Fund Direct-Growth is an equity mutual fund scheme offered by Tata Mutual Fund. The plan is currently managed by the Fund Manager, Meeta Shetty. The fund’s current expense ratio is 0.31%. It is an open-end fund with INR 6,765.81 crores AUM (Asset Under Management).
ICICI Prudential Technology Direct Plan-Growth

ICICI Prudential Technology Direct Plan-Growth offers a 51.73% average growth rate in 3 years. In addition, it offers a 21.60% rate of returns in 5-years. One may consider INR 100 as the minimum amount to invest in ICICI Prudential Technology Direct Plan-Growth.
SBI Technology Opportunities Fund Direct-Growth

SBI Technology Opportunities Fund Direct-Growth offers a 36.75% rate of returns in 3 years and a 20.84% growth rate in 5 years. An investor can start a SIP of INR 500 per month for at least 3 years to get maximum returns. The total fund size of SBI Technology Opportunities Fund Direct-Growth is INR 2861.77 crores.
Aditya Birla Sun Life Digital India Fund Direct-Growth

Aditya Birla Sun Life Digital India Fund Direct-Growth has existed for over ten years. The fund was launched on 01/01/2013. The current asset under the management of Aditya Birla Sun Life Digital India Direct-Growth Fund is INR 3,338.13 crores. It has an expense ratio of 0.88% and a 40.10% rate of return in 3-years.

Best SIP Plans in Debt Funds

Listed below are the best sip plans for debt funds, along with the expected rate of returns on the investment made by the investor.

DSP Government Securities Direct Plan-Growth

DSP Government Securities Direct Plan-Growth is a Gilt mutual fund scheme offered by DSP mutual fund. The fund has existed for more than ten years and was launched on 01/01/2013. It is a medium-sized fund with 0.54% as an expense ratio. DSP Government Securities Direct Plan-Growth fund offers a 5.88% rate of return in 3 years and an 8.34% rate of return in 5 years.
Aditya Birla Sun Life Medium Term Direct Plan-Growth

Aditya Birla Sun Life Medium Term Direct Plan-Growth is a medium-duration scheme of mutual funds. It has INR 1,643 crore of assets under management and comes under the medium-sized fund category. It has a 14.17% rate of return in 3-years and an 8.57% rate of return in five years.
Bandhan Government Securities Investment Plan Direct-Growth

Bandhan Government Securities Investment Plan Direct-Growth has its top holding in the GOI (Government of India) securities. The plan has delivered an 8.83% average annual rate of returns since its launch. Further, it has INR 1410 crores worth of assets under management. The plan offers a 5.69% rate of return in 3-years and an 8.39% rate of return in 5-years.

start-small-&-build-your-wealth-for-a-brighter-tomorrow

Bottom-line

You can invest in any of the above-listed sip plans for five years and even more. SIP calculator online tool can be used to analyze the SIP returns. You can also look at other SIP plans on our website. However, make sure that you go through the fund house reputation, historic returns, NAV, and risk involved among other factors.

FAQs

Which type of SIP mutual fund is most suitable for an investor?

An investor with a high-risk appetite should invest in equity. At the same time, investors with a low-risk appetite can consider debt instruments.
Hybrid funds are for investors who want to balance the risk and returns on their investment.
How much rate of return does SBI Magnum Gilt Fund offer in 3 and 5 years?

The SBI Magnum Gilt Fund offers a 6.12% rate of return in 3-years and an 8.07% rate of return in 5-years.
What is a SIP calculator?

It is a digital calculator utilized to calculate the return one may generate in a specific year.
What is the best SIP plan for 5 year investment in 2024?

Some of the best funds are listed above in categories of equity and debt. You can consider certain factors like risk appetite, fund performance history, and principal investment to finalize your suitable SIP investment plan for a 5-year investment in 2024.