Funds that gave you higher SIP returns
Every mutual fund investor is now aware of the SIP. Systematic investment plan (SIP) has now become the most favourite investment mode for investors. Investors are preferring to this investment mode as it is nearly similar to recurring deposit investment, but earns more returns than that of most traditional investment avenues.
SIPs help investors to regularize their investments and bring discipline to their financial planning. In the recent AMFI data, we see that an ever increasing number of investors are interested in the SIPs. As per the latest AMFI data, SIP contributed to the AUM of the mutual fund industry by Rs. 7,554 crore. This represents a 3 per cent month-over-month and 59 per cent annual increase.
The increasing popularity, awareness about mutual fund SIPs have guided us to look into the SIP returns of the fund. Equity funds which have turned the darlings of investors since the last couple years are ideal to evaluate the SIP returns.
To analyse the SIP returns of the equity funds, we have considered three major equity categories; Equity large-cap, mid-cap and small-cap category and analysed the one-year SIP returns of these funds. According to our analysis, below are the top actively managed funds which have offered the highest SIP returns.