Top equity mutual funds for SIP in 2022
Equity mutual funds gave returns of 32.53 per cent on average in 2021. Continue reading to learn more about the best equity mutual funds for SIP in 2022.
The year 2021 was fairly rewarding for investors, with an average return on equity mutual funds of 32.53 per cent. On average, money invested in the information technology (IT) sector funds returned 62.8 per cent. Furthermore, smallcap funds and equity funds dedicated to the infrastructure sector followed suit, with returns near 61.6 per cent and 51 per cent, respectively.
The monthly contribution post-normalization of COVID induced constraints has grown dramatically, as seen in the table above. The monthly contribution in 2021 climbed from Rs 8,023 crore in January 2021 to Rs 11,005 crore in 2021, representing a 37 per cent increase in absolute terms.
A Systematic Investment Plan (SIP) is one of the most effective techniques to instil the discipline of investing regularly. It also has the advantage of rupee cost averaging. When the markets rise, a SIP investor purchases fewer units at higher Net Asset Value (NAV), and when the markets fall, more units are purchased at lower NAVs, effectively averaging it out. The three-year annualized SIP returns (trailing) were 18.6 per cent. We will present the 10 best equity mutual funds for SIP in this article.
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Fund Name
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3-Year Annualised SIP Returns (%)
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Standard Deviation (%)
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Axis Midcap Fund
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34.33
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18.59
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SBI Focused Equity Fund
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32.63
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20.47
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Quant Active Fund
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47.06
|
23.59
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UTI Flexi Cap Fund
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34.92
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21.08
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Parag Parikh Flexi Cap Fund
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38.72
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17.75
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Kotak Small Cap Fund
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51.94
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27.42
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SBI Small Cap Fund
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40.75
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23.79
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Baroda Midcap Fund
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43.02
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20.69
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Baroda Multi-Cap Fund
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35.98
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20.09
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Canara Robeco Flexi Cap Fund
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29.21
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18.94
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