Mutual Funds With Highest SIP Returns: Many of them have asked me which are the best SIP mutual funds to invest in 2022, or which are the best SIP mutual funds to invest in for the highest growth in 2022 for the long term. So, don’t worry about that today I will discuss the Top 10 Mutual Funds with Highest SIP Returns in 10 years.
List of the top 10 Mutual Funds with the Highest SIP Returns in 10 years
1. ICICI Prudential Bluechip Fund
This is an open-ended mutual fund that invests more than 85 percent of its total assets in large-cap equities stocks. Long-term capital appreciation is its investing goal.
The fund focuses on high-growth blue-chip companies and has a “buy and hold” strategy.
It offers a well-diversified portfolio covering numerous industries, with top performers from each field included. ICICI Bank, HDFC Bank, and Infosys are among the scheme’s top holdings.
This plan will prove to be a decent alternative for you if you are an investor searching for fair profits over a certain investment horizon (4-5 years).
2. Kotak Equity Opp Fund
It’s a wholly-owned subsidiary of Kotak Mahindra Bank Limited (KMBL) that manages the Kotak Mahindra Mutual Fund (KMMF). KMMF programs have roughly 21 lakh investors.
This fund has an AUM of Rs 9,556 crore as of 18 May 2022, with a minimum SIP of Rs 1,000. This fund has a 3-year rolling return of 22.44 percent, a 3-year CAGR of 18.17 percent, and an expense ratio of 0.60 percent.
3. HDFC Small Cap Fund
This fund has a small-cap stock holding of roughly 72 percent of its assets, a mid-cap holding of 25%, and a large-cap position of 2%. As a result, it is classified as an aggressive fund.
Its debt cash holdings are estimated to be roughly 12.5%. As a result, it’s one of the more aggressive small-cap funds. This system takes a balanced approach, with equal weighting given to defensive industries like software and entertainment and consumer-driven sectors like banking.
The main holdings of this plan are NIIT Technologies (3.33%), Inox Leisure (2.73%), and Sonata Software (2.98%). It’s a must-have small-cap fund that has delivered exceptional long-term and short-term gains.
4. SBI Large & Midcap Fund
SBIFML is a joint venture between SBI and AMUNDI (France), a major fund management firm in the globe. SBIFMPL is now owned by SBI, which controls 63 percent of the company.
The fund’s minimum SIP is Rs 500, with a 1.18 percent cost ratio and an AUM of Rs 6,598 crore. This fund’s three-year rolling return is 22.89 percent, and its three-year CAGR is 17.86 percent as of May 18, 2022.
5. Canara Robeco Bluechip Equity Fund
In August 2010, the large-cap equity fund was established. It now has an asset value of Rs 6,020 crore and a 0.38 percent expense ratio. The expenditure ratio is lower than the 1.13 percent category average.
It’s been one of the most reliable strategies. Mr. Shridatta Bhandwaldar is the Head of Equities at Canara Robeco Asset Management Company, and his colleague Mr. Vishal Mishra runs the Canara Robeco Bluechip Equity Fund.
Despite being completely invested in stocks, the fund has demonstrated the capacity to successfully minimize the losses during market turmoil and bear periods.
This is due to a sound investing strategy and a portfolio of roughly 50 equities, with 74 percent invested in large-caps and 9% in midcaps. According to the portfolio as of 31 January 2022, the fund has avoided having any smallcap exposure.
6. L&T India Value Fund Direct-Growth
The goal of this strategy is to achieve long-term capital appreciation by investing in a diverse portfolio of equities and equity-related assets.
This is an open-ended mutual fund with the goal of creating returns through the use of the value investment method. It focuses on the Indian Capital Markets’ undervalued equities. In addition, a percentage of the total AUM is invested in international securities.
This fund is suitable for investors who have a good understanding of the value investing approach and its fundamentals. Even investors with a large number of growth stocks in their portfolios can use this fund to diversify their holdings.
7. Axis Midcap Fund
Axis Midcap Fund is a wonderful option if you wish to invest in mid-cap growing firms with the potential for substantial profits.
With an expense ratio of 0.46 percent, Axis Midcap Fund, which was launched in February 2011, manages assets of Rs 16,754 crore (lower than the category average expense ratio of 0.94 percent ).
Axis Midcap Fund, under its fund manager, Mr. Shreyash Devalkar, has demonstrated a respectable performance by investing in quality high growth-oriented mid-cap firms, backed by the fund house’s robust investment procedures and systems.
Stocks in the mid-and higher-mid-cap segments with good quality have the ability to expand cash flows in the medium to long term.
The fund’s management believes in keeping involved in well-known, high-quality companies (regardless of the sector) with a clear earnings picture. The fund uses a bottom-up method to choose such stocks.
8. Aditya Birla Sun Life Tax Relief 96 Direct
The program intends to deliver long-term capital growth by investing around 80% of its assets in equities and the remainder in debt and money market instruments.
In July 1999, it was transformed into an open-ended scheme, and the stock selection procedure is a top-down and bottom-up approach
Aditya Birla is a businessman and philanthropist As an Equity-linked Savings Scheme, the Sun Life Tax Relief Fund provides tax benefits. Mr. Ajay Garg which is the fund manager of this mutual fund has a portfolio of historical success in managing funds in the equities market spanning over 22 years.
9. Franklin India Prima Fund
This mid-cap fund has been around for 25 years and has consistently outperformed its category average and benchmark over the previous seven years.
During the previous five years, it had achieved returns of 9.57 percent, which was higher than both its benchmark and the category average. It has an 81 percent stake in mid-caps, a 7% stake in small-caps, and a 13% stake in large-caps.
Engineering and financial services are given more weight than defensive industries like pharmaceuticals. The biggest holdings in this plan are HDFC Bank (3.52%), Kotak Mahindra Bank (3%), and City Union Bank (2.99%).
10. UTI Flexi Cap Fund
The performance of companies/stocks with various market capitalizations, such as large-caps, mid-caps, and small-caps, might fluctuate depending on market conditions.
To reduce the risk of investing in a single market cap segment, it makes sense to spread your risk among many market capitalizations. This flexibility is provided by having a Flexi-cap fund in your portfolio.
In the Flexi-cap Fund category, UTI Flexi Cap Fund is a viable option. After SEBI recategorization and rationalization regulations took effect in May 1992, the UTI Equity Fund was renamed UTI Flexi Cap Fund. The fund comes from one of the oldest fund firms in the world, with solid investing methods and systems.
You have seen the top 10 – best mutual funds for sip to invest in India for 2022-2023 in this post. We’ve also seen some of the top-performing mutual funds for sip investments, as well as some examples of returns on investment with the best sip plan for 20 years, as well as returns on investment with the best sip plan for 5 years and 10 years. It’s self-evident that you’ll be thrilled by the returns on investment, which you won’t be able to achieve with bank savings or fixed deposit interest rates. When researching the finest SIP plans in India, keep in mind the interest rate on your savings account.