SIP Plan for 20 Years in India in 2024

A Systematic Investment Plan or SIP Plan for 20 years is the ideal mode of investment for the long term in various investment products. By investing a small amount of money on a regular basis, you can benefit from compounding effects and rupee cost averaging in the long term which helps you create a substantial corpus for your financial objectives. This is the reason why it is important to consider SIPs for long term objectives of 10 to 20 years. If you are looking for the SIP plan for 20 years in India, this guide will help you navigate through the available options and make an informed decision.

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

SIP Plan^† with Life Cover for 20 Years in India

The list of the SIP plan for 20 years with life cover offered by various insurance companies are mentioned in the table below:

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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Disclaimer: † Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

Details of the SIP Plan for 20 Years in India

Max Life High Growth Fund (Online Savings Plan)
- The Max Life High Growth Fund is offered by Axis Max Life Insurance with its Online Savings Plan. It is a multi-cap fund offered with a primary focus on mid-cap equities.
- The fund was launched on 26 February 2008 with benchmarking the Nifty Midcap Free Float Index.
- The objective is to invest in companies with high long-term growth potential, aiming to enhance capital value over time.
- At least 70% of the fund’s corpus is consistently allocated to equities. The remaining portion is diversified across government securities, corporate bonds, and money market instruments.
Tata AIA Life Top 200 Fund (Smart SIP - Wealth Secure Plan)
- The Top 200 Fund is offered by Tata AIA Life Insurance Company with its Smart SIP- Wealth Secure ULIP Plan.
- The fund was launched on 12 January 2009 with the aim to generate long-term capital appreciation by primarily investing in select stocks and equity-linked instruments from the BSE 200 Index.
- Rather than replicating the index, the fund seeks to outperform it.
- If market conditions demand, it may adopt a defensive approach by investing in debt and money market instruments.
Aditya Birla Sun Life Multiplier Fund (Wealth Smart Plus Plan)
- The ABSLI Multiplier Fund is offered by Aditya Birla Sun Life Multiplier Fund with its Wealth Smart Plus ULIP Plan.
- This fund aims to maximize long-term wealth by actively managing a diversified equity portfolio, focusing on companies with a market capitalization of ₹1,000 crores and above.
- This fund was launched on 30 October 2007 which benchmarks Nifty Midcap 100 & Crisil Liquid Fund Index
- It follows a research-driven approach, balancing value and growth stocks. While the majority of investments are in mid-cap stocks, up to 30% can be allocated to large-cap stocks.
PNB Metlife Virtue II (Mera Wealth Plan)
- The PNB MetLife Virtue II is a ULIP fund offered by the Mera Wealth Plan of PNB MetLife Insurance, which was launched on 12 January 2010
- The fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equities from companies that promote a healthy lifestyle and improve quality of life.
- It follows an investment philosophy focused on allocating 100% of its assets to equities to achieve its objectives.
Bajaj Allianz Life Accelerator Mid Cap II Fund (Goal Assure III Plan)
- The Bajaj Allianz Life Accelerator Mid Cap II Fund is available with the Goal Assure III Plan of Bajaj Allianz Life Insurance.
- The fund was launched on 06 January 2010 with the Nifty Midcap 60 Benchmark.
- It aims to achieve capital appreciation by investing in a diversified mix of mid-cap and large-cap stocks, with at least 50% allocated to mid-cap stocks.

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

How to Invest in SIP?

Follow the steps mentioned below to start investing in the SIP plan for 20 years to achieve maximum returns with minimum investment:

Step 1: Learn about the SIP plan for 20 years from the table mentioned above and choose one that aligns with your financial goals and risk profile.

Step 2: Decide on the frequency and amount of your investments.

Step 3: Complete your KYC and provide bank account details with auto-debit facility activation.

Step 4: The SIP amount will be allocated to the chosen ULIP fund based on your investment preference.

Step 5: The fund manager will invest the accumulated amount in various assets, such as equities, bonds, or a combination of both, based on the investment objective of the scheme.

Step 6: On the specified date, the amount deducted from your bank account is utilized to purchase units of ULIP funds at the prevailing NAV.

Step 7: You have the flexibility to increase, decrease, or stop your SIP contributions at any time.

Step 8: Use a SIP calculator to get an idea of returns from the selected SIP plan for 20 years.

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

Wrapping Up!

The SIP plan for a 20 years or longer investment horizon, follows the investment strategy to emphasize long-term growth through a well-diversified portfolio of equity and debt instruments. Investors should prioritize SIP plans offered by reputable asset management companies with a proven track record of consistent returns and effective fund management teams.

FAQs

Is it good to do SIP for 20 years?
Yes, investing in a SIP plan for 20 years in India can be a beneficial strategy for long-term wealth creation.

Some of the reasons why it is considered a good approach are listed below:
- Investing in SIPs for a longer duration allows you to benefit from the power of compounding
- SIPs help mitigate the impact of market volatility through rupee cost averaging
- SIPs encourage regular and disciplined investing
- SIPs offer flexibility in terms of investment amounts
- SIPs allow investors to portfolio diversification
Can I get a 20% return in SIP?

It is possible to get a 20% return in SIP if you choose the right ULIP funds and invest for the long term. However, there is no guarantee that you will get a 20% return in SIP. The actual returns you get will depend on the performance of the ULIP fund you invest in, the market conditions, and the period you invest.
What will be 20,000 SIP after 20 years?
The amount that you will get after investing Rs. 20,000 in a SIP plan for 20 years will depend on the following factors:
- The type of ULIP fund you invested
- The market conditions
- The period of your investment
- The expense ratio
Assuming an average annual return of 12%, you would end up with returns of around Rs. 1.51 lakhs and a total fund value of Rs. 1.99 lakhs after investing Rs. 20,000 in the SIP plan for 20 years. However, it is important to remember that this is just an estimate, and the actual amount you get may be more or less than this as per the actual performance of the fund.
How much wealth can I build with a 20-year SIP?

The wealth depends on the invested amount, fund performance, and the power of compounding over time. You can use a SIP Calculator to estimate your corpus on maturity after investing in a SIP plan for 20 years.