Investing in mutual funds in general (SIP) can be convenient as SIP can be started with a small amount. If you invest in SIP, you develop the habit of forced savings and personal discipline. If you want to earn a lot of money in a short time then this can be useful for you.
You can invest a fixed amount in the mutual fund of your choice at regular intervals like weekly, monthly and yearly. In this article, you have been told about the Best SIP Plans to Invest in India 2023 for 15 years, which will further develop your knowledge and you can take a good suggestion.
Best SIP Plans to Invest in India 2023
In this article we have taken a closer look at some of the best SIP plans for 15 years, and provided as much information as possible about them, let us know in detail about the Best SIP Plans to Invest in India 2023.
ICICI Prudential Technology Fund-Direct Plan-Growth
ICICI Prudential Technology Fund – Direct Plan-Growth SIP is an investment option where you can regularly save and invest money for 15 years. This fund focuses on technology-related companies, like those in the IT sector. By investing in this fund, you aim to benefit from the growth of technology companies over time. It’s a good way to potentially grow your money if you believe in the technology sector’s future prospects.
- 5-Year Annualised Returns: 22.73%
- AUM: ₹8993.09 Crore
- NAV: ₹144.12
- Expense Ratio: 0.98%
- Minimum SIP Investment: ₹100
Tata Digital India Fund-Direct Plan-Growth
The Tata Digital India Fund is an investment option where you can regularly save and invest your money for 15 years through a Systematic Investment Plan (SIP). It aims to grow your money over time by investing in digital and technology-related companies in India. This fund is suitable for those looking to benefit from the growth of the digital sector in India by making small, regular investments over an extended period.
- 5-Year Annualised Returns: 22.73%
- AUM: ₹6765.81 Crore
- NAV: ₹35.47
- Expense Ratio: 0.31%
- Minimum SIP Investment: ₹150
Quant Infrastructure Fund-Direct Plan-Growth
The Quant Infrastructure Fund’s Direct Plan with Growth option is an investment option for people looking to save and grow their money over 15 years. You can invest regularly through a SIP (Systematic Investment Plan), which means you contribute a fixed amount of money every month.
This fund primarily invests in infrastructure-related companies and projects. By choosing the Direct Plan, you can potentially earn better returns compared to the Regular Plan. Over 15 years, your money has the opportunity to grow as the value of the infrastructure investments increases. It’s a simple way to work towards your financial goals with a long-term perspective.
- 5-Year Annualised Returns: 20.32%
- AUM: ₹822.24 Crore
- NAV: ₹23.31
- Expense Ratio: 0.64%
- Minimum SIP Investment: ₹1,000
Parag Parikh Flexi Cap Fund-Direct Plan-Growth
The Parag Parikh Flexi Cap Fund’s Direct Plan with a Growth option is a mutual fund investment scheme. If you choose to invest in it through a Systematic Investment Plan (SIP) for 15 years, you commit to investing a fixed amount of money at regular intervals, like monthly.
This fund offers flexibility as it can invest in a mix of stocks and bonds, aiming for long-term growth. Your money gets managed by professionals. Keep in mind that the value of your investment can go up and down over time. It’s a way to potentially grow your savings over the long haul while spreading the risk.
- 5-Year Annualised Returns: 18.27%
- AUM: ₹29953.06 Crore
- NAV: ₹53.40
- Expense Ratio: 0.7%
- Minimum SIP Investment: ₹1,000
PGIM India Flexi Cap Fund-Direct Plan-Growth
The PGIM India Flexi Cap Fund’s Direct Plan with a Growth SIP (Systematic Investment Plan) is a long-term investment option designed to help you achieve your financial goals over 15 years. This fund allows you to invest in a flexible manner, meaning it can adapt to different market conditions.
By investing regularly through SIP, you can spread out your investments and potentially benefit from the power of compounding. It’s a convenient way to grow your wealth gradually. Remember to consult with a financial advisor to determine if this fund is suitable for your financial goals and risk tolerance.
- 5-Year Annualised Returns: 15.74%
- AUM: ₹5199.03 Crore
- NAV: ₹27.91
- Expense Ratio: 0.43%
- Minimum SIP Investment: ₹1,000
SBI Bluechip Fund-Direct Plan-Growth
The SBI Bluechip Fund-Direct Plan-Growth is an investment option where you can regularly invest a fixed amount of money, known as a Systematic Investment Plan (SIP), for a period of 15 years. This fund is managed by SBI Mutual Fund and aims to help you grow your money over time. By choosing the Direct Plan, you can save on expenses and potentially earn higher returns.
It’s a good way to achieve your long-term financial goals, like buying a house or funding your child’s education, without needing a large lump sum upfront. Remember, all investments carry some level of risk, so consider your goals and risk tolerance before investing.
- 5-Year Annualised Returns: 11.16%
- AUM: ₹33987.07 Crore
- NAV: ₹67.54
- Expense Ratio: 0.9%
- Minimum SIP Investment: ₹500
ICICI Prudential Mid Cap Fund-Direct Plan-Growth
ICICI Prudential Mid Cap Fund-Direct Plan-Growth is an investment option where you can save money regularly through SIP (Systematic Investment Plan) for 15 years. This fund helps you grow your wealth over time. You can start with a small amount and keep adding money every month. Over the long term, it aims to give you good returns, as it invests in mid-sized companies.
Remember that investments can go up and down, so it’s important to be patient and stay invested for the full 15 years to potentially benefit from this plan. It’s a simple way to plan for your financial future.
- 5-Year Annualised Returns: 10.34%
- AUM: ₹3492.87 Crore
- NAV: ₹173.37
- Expense Ratio: 1.17%
- Minimum SIP Investment: ₹100
Disclaimer: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Conclusion
After reading this article you now have an overview of some of the best SIP plans for 15 years. Through which you can consider investing in mutual funds. But if you want to start small and move forward without stopping, then there is a suggestion for you. You must try investing in Navi Mutual Fund starting from just ₹10.
But if you notice any error in this article while reading, then you can tell us by commenting, we will update it as soon as possible. You are requested to please consider your financial objectives, risk appetite and current circumstances before investing in mutual funds.