Best 1 Year SIP Plans

Let us explore some of the best 1-year Systematic Investment Plan options available for people in India currently and their return ratio in detail.

What is SIP?

First things first. Mutual Fund investments are basically investment vehicles where AMCs (Asset Management Companies) or various other fund houses pool their investments together to earn great returns over a period of time. Now, all the investors are not able to invest huge amounts in Mutual Funds and hence Mutual Fund investments can be made either in the SIP method and Lump sum method of investment.

SIP involves pocket-friendly regular deposits, pre-defined tenure, and great returns making it an affordable and popular investment option amongst new and old investors. Regular investment in a SIP can be either monthly, quarterly, or weekly as per the investor’s convenience.

Best performing 1-year SIP Plans

Here are some category-wise top-performing SIPs under the Equity, Debt, and Hybrid Mutual Funds:

1. Equity, Sectoral Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   BNP Paribas India Consumption Fund Direct Growth	23.10%	23.00%	871.93
   Canara Robeco Consumer Trends Fund Direct Growth	23.70%	21.80%	772.57
   Invesco India Infrastructure Fund Direct Growth	48.40%	26.50%	416.73
   Quant Infrastructure Fund Direct Growth	71.50%	37.70%	292.29
   SBI Banking & Financial Services Fund Direct Growth	15.60%	15.40%	2,976.46

   Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer. The tax benefit is subject to changes in tax laws. *Standard T&C Apply

2. Equity, Mid-Cap Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   Axis Midcap Direct Plan Growth	34.40%	26.80%	16,835.10
   Invesco India Mid Cap Fund Direct Growth	35.20%	24.40%	2,194.83
   Kotak Emerging Equity Fund Direct Growth	39.70%	26.40%	17,529.48
   Nippon India Growth Fund Direct Growth	38.10%	24.80%	11,906.10
   PGIM India Midcap Opportunities Fund Direct Growth	53.90%	37.60%	4,069.76

3. Equity, Small Cap Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   BOI AXA Small Cap Fund Direct Growth	63.40%	40.90%	212.88
   Axis Small Cap Fund Direct Growth	54.20%	34.10%	8,178.51
   Kotak Small Cap Fund Direct Growth	60.80%	36.00%	6,761.51
   Nippon India Small Cap Fund Direct Growth	66.50%	31.10%	18,831.70
   SBI Small Cap Fund Direct Growth	42.70%	29.60%	11,250.50

   Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer. The Tax benefit is subject to changes in tax laws. *Standard T&C Apply

4. Equity, Multi-Cap Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   Aditya Birla Sun Life India Opportunities Direct Fund Growth	32.60%	15.60%	144.16
   Aditya Birla Sun Life India Reforms Direct Fund Growth	11.10%	13.10%	124.3
   Aditya Birla Sun Life Special Situations Direct Fund Growth	16.60%	15.00%	181.08
   Tata Dividend Yield (Ex) Direct Plan Growth	4.80%	9.10%	326.64
   UTI Bluechip Flexicap Fund Direct Growth	24.30%	13.00%	2,306.24

   

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5. Debt, Credit Risk Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   Axis Credit Risk Fund Direct Growth	7.10%	7.20%	729.83
   Baroda Credit Risk Fund Plan B Direct Growth	19.80%	8.40%	207.13
   HDFC Credit Risk Debt Fund Direct Growth	7.40%	9.30%	8,979.01
   ICICI Prudential Credit Risk Fund Direct Plan Growth	7.10%	9.10%	8,415.87
   SBI Credit Risk Fund Direct Growth	5.80%	7.60%	3,288.88

6. Debt, Gilt Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   IDFC Government Securities Investment Plan Direct Growth	2.90%	10.30%	1,466.04
   Aditya Birla Sun Life Government Securities Fund Direct Plan Growth	4.10%	9.40%	1,035.19
   Axis Gilt Fund Direct Plan Growth	3.00%	9.60%	146.63
   DSP Government Securities Direct Plan Growth	3.50%	10.10%	431.6
   Edelweiss Government Securities Fund Direct Growth	5.20%	10.10%	118.11

   Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer. The Tax benefit is subject to changes in tax laws. *Standard T&C Apply

7. Hybrid, Aggressive Hybrid Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   BNP Paribas Substantial Equity Hybrid Fund Direct Growth	20.30%	19.90%	744.21
   Canara Robeco Equity Hybrid Fund Direct Growth	20.10%	18.80%	7,297.44
   DSP Equity & Bond Direct Growth	20.00%	19.10%	7,640.94
   Mirae Asset Hybrid Equity Fund Direct Growth	20.70%	18.00%	6,450.06
   Quant Absolute Fund Direct Growth	36.70%	28.60%	136.32

8. Hybrid, Multi-Asset Allocation Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   Quant Multi Asset Fund Direct Growth	57.00%	29.90%	171.54
   Axis Triple Advantage Direct Plan Growth	20.90%	20.10%	1,649.77
   HDFC Multi Asset Fund Direct Growth	17.60%	16.70%	1,396.24
   ICICI Prudential Multi Asset Fund Direct Growth	35.90%	19.30%	12,320.77
   SBI Multi Asset Allocation Fund Direct Growth	12.40%	13.10%	505.26

9. Hybrid, Aggressive Hybrid Funds

   Fund Name	1 year	3 years	Fund Size(Cr)
   BNP Paribas Substantial Equity Hybrid Fund Direct Growth	20.30%	19.90%	744.21
   Canara Robeco Equity Hybrid Fund Direct Growth	20.10%	18.80%	7,297.44
   DSP Equity & Bond Direct Growth	20.00%	19.10%	7,640.94
   Mirae Asset Hybrid Equity Fund Direct Growth	20.70%	18.00%	6,450.06
   Quant Absolute Fund Direct Growth	36.70%	28.60%	136.32

   Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer. The Tax benefit is subject to changes in tax laws. *Standard T&C Apply

   It is important to know that there are many other Systematic Investment Plans with decent returns. Deep research about the mutual fund market is advisable before making any kind of investment plan.

People Also Read: Systematic Withdrawal Plan (SWP)

Why invest in SIP?

One of the revolutionary impacts that the SIPs bring in lives of the investors is financial discipline. The monthly installments of the SIPs develop the habit of savings in the investor’s life teaching perseverance and enabling them to build a substantial financial corpus over a defined period of time. 

Apart from discipline, here are some major reasons why an investor should consider investing in SIPs as compared to any other investment option:

1. Rupee Cost Averaging

   As we know the equity market is volatile in nature so, when it comes to investment in SIP, it helps the investor to purchase more when the prices are low and less when the market is booming. SIPs are beneficial for investors who invest in more shares at less price rather than investors who invest a large sum in just one share.

2. Purchase Multiple SIPs

   An investor can buy multiple SIPs together instead of putting all their money on just 1 kind of investment. This helps in portfolio diversification as well as better chances of great returns.

3. Small Amount Investment

   SIP investments are gaining popularity these days and one of the main attraction, why investors are more inclined towards a SIP investment compared to other options, is the minimum investment amount allowed while purchasing a SIP.

4. Flexibility

   Generally, an investor can start and stop a SIP wherever they wish to, offering great flexibility even if the investment amount is low.

To conclude!

There are many Systematic Investment Plan options available in the market with low to high risk involved. It is important to remember that thorough research of the market is required before making any kind of investment and as far as SIPs are considered, an investor should know:

• The fund house reputation

• The net asset value

• The overall risk involved

• The historic returns of the Systematic Investment Plans