Top Performing SIP Funds for 15 Years
Choosing the right mutual fund for your SIP is crucial. While past performance is not indicative of future results, it can provide some insights.
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
16.82%
High Growth Fund
16.57%
Top 200 Fund
13.25%
Accelerator Mid-Cap Fund II
13.43%
Opportunities Fund
9.13%
Growth Plus Fund
11.71%
Accelerator Fund
12.71%
Grow Money Plus Fund
14.1%
Multiplier
10.7%
Equity Top 250 Fund
11.43%
Future Apex Fund
10.91%
Opportunities Fund
12.95%
Frontline Equity Fund
15.2%
Virtue II
9.52%
Pension Dynamic Equity Fund
11.03%
Top 300 Fund
9.19%
Blue-Chip Equity Fund
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Best 15-Year Equity SIP Funds:
An SIP equity fund investment is considered low in risk when compared to direct investment in stocks and considered lucrative in the long-term returns. Under Equity SIP funds, investments are generally made in shares of Indian companies.
| Fund Name |
Fund Category |
3-Year Returns |
5-Year Returns |
10-Year Returns |
| Bandhan Emerging Businesses Fund Direct Growth |
Equity |
31.59% |
NA |
|
| SBI PSU Direct Plan Growth |
Equity |
31.13% |
24.62% |
12.58% |
| Invesco India PSU Equity Fund Direct Growth |
Equity |
30.26% |
24.83% |
17.12 |
| Motilal Oswal Midcap Fund Direct Growth
Very High Risk
|
Equity |
29.63% |
29.12% |
- |
| ICICI Prudential Infrastructure Direct Growth |
Equity |
29.37% |
29.67% |
16.41% |
| Bandhan Tax Advantage (ELSS) Direct Plan Growth |
Equity |
28.88% |
18.62% |
15.48% |
| ICICI Prudential BHARAT 22 FOF Direct Growth |
Equity |
28.43% |
25.57% |
- |
| UTI Large & Mid Cap Fund Direct Growth |
Equity |
28.43% |
15.83% |
13.81% |
| HDFC Infrastructure Direct Plan Growth |
Equity |
27.89% |
24.57% |
11.23% |
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Best 15 Year Debt SIP Funds:
Debt funds are considered low risk taking funds. Under Debt SIP funds, investments are generally made in government bonds, money market instruments, corporate bonds, etc.
| Fund Name |
Fund Category |
3-Year Returns |
5-Year Returns |
| Aditya Birla Sun Life Medium Term Plan Direct Growth |
Debt |
14.97% |
12.08% |
| Bank of India Short Term Income Fund Direct Growth |
Debt |
14.41% |
8.87% |
| IDBI Credit Risk Fund Direct Growth |
Debt |
10.04% |
3.83% |
| Aditya Birla Sun Life Credit Risk Fund Direct Growth |
Debt |
9.82% |
9.20% |
| UTI Dynamic Bond Fund Direct Growth |
Debt |
9.64% |
9.48% |
| HDFC Fixed Maturity Plan 1141 Days August 2018 (1) Direct Growth |
Debt |
9.52% |
NA |
| UTI Medium to Long Duration Fund Direct Growth |
Debt |
9.18% |
8.45% |
| HDFC Regular Savings Fund Direct Growth |
Debt |
8.88% |
8.94% |
| UTI Banking & PSU Fund Direct Growth |
Debt |
8.74% |
7.42% |
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Best 15 Year Hybrid SIP Funds:
Hybrid is a combination of both Debt Funds and Equity Funds and hence has a moderate risk taking ability.
| Fund Name |
Fund Category |
3-Year Returns |
5-Year Returns |
ALL |
| JM Equity Hybrid Fund Direct Growth |
Hybrid |
23.03% |
16.18% |
|
| JM Aggressive Hybrid Fund Direct Growth |
Hybrid |
21.57% |
24.16% |
14.8% |
| HDFC Balanced Advantage Fund Direct Plan Growth |
Hybrid |
20.31% |
20.46% |
15.84% |
| ICICI Prudential Multi Asset Fund Direct Growth |
Hybrid |
19.12% |
22.02% |
16.96% |
| Quant Multi Asset Fund Direct Growth |
Hybrid |
18.86% |
28.79% |
15.58% |
| Kotak Multi Asset Allocator FoF Dynamic Direct Growth |
Hybrid |
18.47% |
20.73% |
16.05% |
| UTI Multi Asset Allocation Fund Direct Growth |
Hybrid |
18.46% |
16.12% |
10.41% |
| Nippon India Multi Asset Fund Direct Growth |
Hybrid |
18.34% |
NA |
18.49% |
| Nippon India Asset Allocator FoF Direct Growth |
Hybrid |
18.26% |
NA |
19.89% |
| ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct Growth |
Hybrid |
18.14% |
19.00% |
17.6% |
Why Invest in SIPs for 15 Years?
A 15-year investment horizon offers several advantages when using SIPs:
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Rupee Cost Averaging: SIPs help you buy more units when the market is down and fewer units when the market is high, averaging out your purchase cost over time. This mitigates the risk of investing a lump sum at a market peak.
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Power of Compounding: Over 15 years, the power of compounding comes into play significantly. Your earnings generate further earnings, leading to exponential growth of your investment.
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Disciplined Investing: SIPs instill financial discipline by automating your investments. You invest regularly without having to worry about timing the market.
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Long-Term Growth Potential: Equity markets have historically delivered strong returns over the long term. A 15-year horizon allows you to ride out market volatility and potentially benefit from this growth.
How Do SIPs Work?
Let's illustrate how a SIP works with a hypothetical example:
Suppose you invest ₹10,000 per month in a mutual fund through a SIP for 15 years. Let's assume an average annual return of 12% (this is a hypothetical return and actual returns can vary).
Using a SIP calculator (readily available online), we can estimate the maturity amount.
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Monthly Investment: ₹10,000
-
Investment Period: 15 years (180 months)
-
Assumed Annual Return: 12%
Based on these assumptions, the estimated maturity amount after 15 years could be approximately ₹45-50 Lakh.
Important Note: This is just an example, and actual returns can be higher or lower depending on market conditions. The power of compounding over 15 years can significantly impact your returns.
Factors to Consider When Choosing a SIP for 15 Years
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Investment Goal: Define your financial goal for the 15-year period. Is it retirement, a house, or education?
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Risk Tolerance: Assess your risk appetite. Equity funds offer higher growth potential but also carry higher risk.
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Fund Manager's Track Record: Research the fund manager's experience and the fund's past performance (keeping in mind that past performance is not indicative of future results).
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Expense Ratio: Consider the expense ratio charged by the fund, as it can affect your overall returns.
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Fund Category: Choose a fund category that aligns with your risk profile and investment goals (e.g., large-cap, mid-cap, small-cap, flexi-cap).
Conclusion
Investing in SIPs for a long-term horizon like 15 years can be a rewarding way to build wealth. By investing regularly and staying disciplined, you can potentially benefit from rupee cost averaging and the power of compounding. However, it's crucial to choose the right mutual fund based on your investment goals, risk tolerance, and other factors. Remember that past performance is not indicative of future results, and it's always advisable to consult with a qualified financial advisor before making any investment decisions. Thorough research and a well-defined investment strategy are essential for achieving your financial objectives over the long term.
FAQs
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How can I estimate my returns from SIPs?
You can use an
SIP calculator to calculate your investment returns on SIPs. It is a simple tool available online. You input the following information:
-
Monthly Investment Amount: The fixed amount you plan to invest each month.
-
Investment Period: The duration of your SIP, in years or months (e.g., 15 years).
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Expected Rate of Return: An estimated average annual return you expect from your investment. Be realistic and conservative with this estimate. Do not assume very high returns.
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Why is 15 years considered a good time frame for SIP investments?
15 years is a long enough period to allow your investments to potentially grow significantly, thanks to the power of compounding. It also gives you time to ride out any market fluctuations and benefit from rupee cost averaging. This timeframe aligns well with long-term financial goals like
retirement planning, children's education.
-
Can I withdraw my money before 15 years?
Yes, you can typically withdraw your money before 15 years, but there might be exit load charges depending on the fund and the holding period. It's generally recommended to stay invested for the long term to reap the full benefits of SIPs.
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What is rupee cost averaging, and how does it benefit me?
Rupee cost averaging is the practice of investing a fixed amount regularly, regardless of the market conditions. When the market is down, you buy more units, and when the market is up, you buy fewer units. Over time, this averages out your purchase cost and reduces the risk of investing a lump sum at a market peak.
