I want to invest 5K/month for 10 years in SIP. Which one is good
Which SIP is best for 5000 per month?
Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds
| Fund Name | 5 years Return | Monthly Investment |
|---|---|---|
| Axis Focused 25 Fund | 17.19% | 5000 |
| DSP Equity Fund | 14.36% | 5000 |
| ICICI Prudential Technology Fund | 33.91% | 5000 |
| HDFC Balance Advantage Fund | 15.50% | 5000 |
Which SIP is best for 10 years?
Large-Cap Schemes
| Scheme Name | 5-Year Monthly SIP | 10-Year Monthly SIP |
|---|---|---|
| ICICI Pru Top 100 Fund (G) | Rs.9,41,591 | 16.02% |
| Quantum LT Equity Fund (G) – Direct Plan | Rs.9,15,695 | 16.86% |
| Reliance Growth Fund (G) | Rs.10,75,057 | 18.05% |
| SBI BlueChip Fund – Reg (G) | Rs.9,55,955 | 16.86% |
How much will I get if I invest 5000 in SIP?
So, in the first year you start SIP of 5000 per month, and increase it to SIP of 5500 per month in the second year i.e. (Rs. 5,000+10% of 5,000), in the third year it will be Rs. 6,050 i.e. Rs 5,500 + 10% of 5,500 and so on. And assuming an annualized rate of return of 12% you can meet your target corpus of Rs.
What is the average return on SIP for 10 years?
Similarly, in last 10 years, SIP investors have got around 25.65 per cent annual return on their money whereas this mutual fund scheme has given more than 290 per cent absolute return to its SIP investors in last 10 years.
How can I get 5 crores in 10 years?
One way to make disciplined investments in an Equity Mutual Fund over the long term is to start a Systematic Investment Plan (SIP). As you can see, for average annual returns of 10%, you will need a monthly Systematic Investment Plan of Rs. 2.42 lakh to save Rs. 5 crore in 10 years.
Where I can invest 5k?
Here’s how to invest $5,000:
- Invest in yourself.
- Invest like Warren Buffett.
- Invest in high-quality dividend stocks.
- Fund an IRA or 401(k).
- Fund a 529 plan for your child or a relative’s education.
- Invest in a low- or minimum-volatility ETF.
- Fund a health savings account.
Can I invest in SIP for 20 years?
The best SIPs in equity or international mutual funds have the potential to compound. This can help investors accumulate a large sum of money in the future.
1. High Returns.
| Fund Type | 10-Year SIP Returns | 20-Year SIP Returns |
|---|---|---|
| Equity | ₹11,23,390 | ₹75,91,479 |
| International | ₹15,86,572 | ₹1,27,59, 549 |
How do you make 1 cr in 5 years?
A monthly investment of Rs 1.2-1.35 lakh via systematic investment plans for five years can help you save Rs 1 crore. Two investment advisers suggested either equity mutual funds or a mix of debt and equity schemes to achieve this goal.
Which SIP has highest return?
Best SIP Plans for the Year 2022
| Fund Name | Monthly Investment | 3 years Return |
|---|---|---|
| HDFC Balance Advantage Fund | 5000 | 14.39% |
| ICICI Prudential Bluechip Fund | 5000 | 19.41% |
| Kotak Standard Multicap Fund | 5000 | 14.15% |
| Motilal Oswal Focused 25 Fund | 5000 | 20.01% |
How can I save 25 lakhs in 5 years?
You would have to invest a large amount every month to achieve it. For example, if you want to create a corpus of Rs 25 lakh in five years, you must invest around Rs 30,300 every month for the next five years. We have assumed that the investments make an annual return of 12 per cent per annum.
How can I get 10 lakhs in 5 years?
How to create Rs 10 lakh in five years?
- Reliance Tax Saver (ELSS) Fund: Rs 3,000 per month.
- HDFC Taxsaver Fund: Rs 3,000 per month.
- Franklin India Smaller Companies Fund- Regular (G): Rs 2,500 per month.
- HDFC Infrastructure Fund (G): Rs 2,500 per month.
Can I invest in SIP for 30 years?
He said that investors, who are in the nascent phase of their career or say around 30 years of age, can opt for Systematic Investment Plan (SIP). He said that one can start mutual fund SIP at any time as the investor would get average return on one’s investment.
How can I make 50 crores in 20 years?
25 lakh as your starting investment, you will require a 20.3% annual return over the next 20 years to reach Rs. 10 crores.
Option 1 – Lumpsum Investment To Build Rs. 10 Crore.
| Investment In Year 0 | Annual Returns | Target |
|---|---|---|
| ₹50 lakh | 16.2% | ₹10 crore |
| ₹1 crore | 12.2% | ₹10 crore |
Can I invest 5 lakhs in mutual funds?
“The segment of investors belonging from the income of less than Rs 5 lakh gets a very good opportunity to participate in wealth creation by investing in equity through mutual funds.
Which SIP is best for 40 years?
Best SIPs For 40 Year Investment 2021
- Axis Focused 25 Fund. …
- Invesco India Contra Fund. …
- Canara Robeco Emerging Equities Fund. …
- HDFC Flexi Cap Fund. …
- Axis Small Cap Fund. …
- PGIM India Midcap Opportunities Fund. …
- Edelweiss Greater China Equity Off-shore Fund. …
- PGIM India Global Equity Opportunities Fund.
How can I save 50 lakhs in 5 years?
Upon using Groww’s calculator, the following is one of the good ways of creating wealth in five years. Rs 40,00,000 (approx.) Rs 50,00,000 (approx.)
The Conservative Investor.
| Fund | Allocation |
|---|---|
| Axis Bluechip Fund | 13.30% |
| ICICI Prudential Bluechip Fund | 13.30% |
| ICICI Prudential Nifty Next 50 Index Fund | 13.30% |
Which SIP is best for 20 years?
Best SIP Plans for 10, 20 Year Investment in FY 22 – 23
- TATA Digital India Fund. …
- ICICI Prudential Technology Fund. …
- Aditya Birla Sun Life Digital India Fund.
Which mutual fund is best for 5 years?
10 Mutual Funds That Tripled Wealth in 5 Years
- Reliance Small Cap Fund. …
- HDFC Small Cap Fund – Direct – Growth. …
- Mirae Asset Emerging Bluechip Fund – Direct – Growth. …
- Principal Emerging Bluechip Fund – Direct – Growth. …
- HDFC Mid-Cap Opportunities Fund – Direct – Growth. …
- Axis Long Term Equity Fund – Direct – Growth.
Which HDFC SIP is best?
Following are the best HDFC SIP Funds (Equity Funds) for the year 2022 – 2023.
- HDFC Mid-Cap Opportunities Fund.
- HDFC Small Cap Fund.
- HDFC Growth Opportunities Fund.
- HDFC Equity Fund.
- HDFC Focused 30 Fund.
- HDFC Capital Builder Value Fund.
- HDFC Tax Saver Fund.
- HDFC Top 100 Fund.
How can I triple my money in 5 years?
To triple your money in five years, you must earn an annualized 24.6% return. That’s a tall order. Out of 4,817 stock and bond funds in Morningstar’s database, just 127 managed to hurdle that bar over the past five years.
Can I lose money in SIP?
SIPs have losses
But as the market keeps falling and you continue to invest your average cost fall. You will be buying more units at a lesser cost. The primary advantage of SIP is to lower the average cost of buying mutual funds.
What are 4 types of mutual funds?
Most mutual funds fall into one of four main categories – money market funds, bond funds, stock funds, and target date funds. Each type has different features, risks, and rewards.
Which plan is best for SIP?
Top SIP Mutual Funds in India
| SIP Plans | Type | 5 Year |
|---|---|---|
| HDFC Prudence Fund(G) | Balanced Fund | 16.56% |
| HDFC Small Cap Fund | Equity Fund | 24.31% |
| ICICI Prudential Balanced Advantage Fund | Balanced Fund | 14.39% |
| ICICI Prudential Equity & Debt Fund | Equity Fund | 17.48% |
What is the average return on SIP?
SIP is a feature of mutual fund, which allows investors to invest money in small amounts in. SIP returns for various mutual funds may vary. On an average, for large cap equities, a return of 12-18% can be expected whereas from mid-cap equities, a return of 14-17% is expected.
What is HDFC SIP interest rate?
Top HDFC SIP Mutual Fund Plans
| Fund Name | 3 Years Returns | 7 Years Returns |
|---|---|---|
| HDFC Opportunities Fund | 5.42% | 13.74% |
| HDFC Blue Chip Fund | 8.73% | 12.58% |
| HDFC Balanced Fund | 7.24% | 10.52% |
| HDFC Liquid Fund | 5.76% | 7.07% |
Does SIP give monthly returns?
In order to calculate the end return you want, you can calculate how much to invest with the help of a SIP calculator. Like, if you need Rs 1 crore in the next 20 years, you need to invest INR. 10000 on a monthly basis in the scheme which will give you 12 % returns annually.