- Which SIP is best for 2 years?
- Is SIP safe now?
- Is SIP tax free?
- What is the minimum return in SIP?
- Why is SIP bad?
- Which SIP gives highest return?
- Should I withdraw money from SIP?
- Is HDFC SIP good?
- Which is the best SIP to invest in 2020?
- Is SIP return guaranteed?
- Which SIP is best in SBI?
- How much tax do I pay on SIP returns?
- Should I start sip now?
- Is SIP better than RD?
- Which bank is good for SIP?
- Which SIP is best for 5 years?
- Which SIP is best for 1 year?
- What is Blue Chip Fund?
Which SIP is best for 2 years?
Aditya Birla Sun Life Savings Fund.ICICI Prudential Ultra Short Term Fund.Kotak Savings Fund.UTI Ultra Short Term Fund.IDBI Ultra Short Term Fund.Invesco India Ultra Short Term Fund.Indiabulls Ultra Short Term Fund.BOI AXA Ultra Short Duration Fund.More items…•.
Is SIP safe now?
SIP is a very safe method to invest in mutual funds. If you invest in a mutual fund lump sum, depending on the market condition, you could end up paying a very high price for a mutual fund. … You do not need to worry about timing the market when investing via SIP. In SIP, you invest a small amount of money every month.
Is SIP tax free?
Do all investments through SIP have tax benefits? Only investments in ELSS mutual funds through SIP have tax exemption of up to Rs 1.5 lakh a year under Section 80C.
What is the minimum return in SIP?
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. However, in case of a long-term debt-based mutual fund, one can expect a return of 6 – 9 % p.a.
Why is SIP bad?
SIPs make it operationally simpler for you to stay with your investments but it may also lead to carelessness in evaluating the performance of their funds. You may end up ignoring the poor performance of your funds for longer periods and this will affect your portfolio’s returns.
Which SIP gives highest return?
6. Best SIP Equity Funds India 2020Fund Name5-Year ReturnsLinkMirae Asset Large Cap Fund Regular Growth8.37%Invest NowAxis Blue Chip Fund8.81%Invest NowICICI Prudential Bluechip Fund Growth6.07%Invest NowSBI Bluechip Fund Regular Growth5.29%Invest Now1 more row•Sep 10, 2020
Should I withdraw money from SIP?
Even though, redemption of mutual fund units are not encouraged by professionals, one may choose to entirely opt out of SIP in case of financial difficulties, say experts. “A few things should be kept in mind while redeeming the funds. The right time to sell or redeem mutual funds depends on investors’ financial goals.
Is HDFC SIP good?
HDFC Mutual Fund, being India’s one of the prominent AMCs, investors always prefer the SIP funds offered by the company. You can start investing in a SIP with just INR 500….Returns for HDFC Top 100 Fund.DurationReturns1 Month8%3 Month19.7%6 Month35.3%1 Year5.1%5 more rows•5 days ago
Which is the best SIP to invest in 2020?
Best SIP Plans for the Year 2020Fund NameMonthly Investment5 years ReturnICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%Nippon India large Cap Fund500010.9%6 more rows•Aug 24, 2020
Is SIP return guaranteed?
Many of them believe that investing through SIPs guarantee returns. It is not true. SIP is an investment option that allows you to invest in mutual funds, typically in equity mutual funds, periodically.
Which SIP is best in SBI?
Best Performing SBI Mutual Fund Schemes for SIP InvestmentFund Name1 Year Return5 years ReturnsSBI Magnum Multi-cap Fund10.84%24.88%SBI Magnum Tax Gain Fund7.46%19.97%SBI Short Term Debt Fund4.17%8.28%SBI Small and Midcap Fund20.93%37.45%8 more rows•Aug 27, 2020
How much tax do I pay on SIP returns?
In simple terms, for every single investment (lumpsum or SIP) in equity mutual fund schemes, you do not pay tax if the holding period of the units is greater than a year. You have to pay 15 per cent of your profits (short term capital gains) towards tax if your holding period is less than a year.
Should I start sip now?
It’s always a good time to start your SIP and when the market is down, yes you will benefit. But having said that, if you have been waiting for the correction to start your SIP, then it’s a bad strategy because you may stop investing when the market goes up.
Is SIP better than RD?
In a RD scheme, you have to deposit a fixed amount on a monthly basis. SIP is better option than RDs when talked about liquidity. You can close SIP and withdraw money without paying any penalty. RD is a liquid scheme but you can go for premature withdrawals.
Which bank is good for SIP?
Best SIP Investment Plans in IndiaSIP PlansType3 YearICICI Prudential Equity & Debt FundEquity Fund11.11%ICICI Prudential Value DiscoveryEquity Fund7.34%Kotak Standard Multicap FundEquity Fund-1.28%L&T India Prudence FundBalanced Fund10.03%27 more rows•Jul 12, 2020
Which SIP is best for 5 years?
Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020
Which SIP is best for 1 year?
Top 10 Best SIP plans for 1 year-InvestmentReturns in 3 MonthsReturns in 1 YearAditya Birla Sun Life Savings Fund0.9%7.3%ICICI Prudential Ultra Short Term Fund1.2%7.7%India Bulls Ultra Short Term Fund1.2%6.8%Kotak Savings Fund1.1%6.9%6 more rows
What is Blue Chip Fund?
A blue-chip mutual fund is the one that invests in blue-chip stocks or shares, i.e. in well-established companies with excellent overall financial performance. In this article, we will learn more about blue-chip funds, how they work and much more. Origin of Blue Chip.