Best Mutual Fund in India 2019 for SIP

Everyone suggests us to invest in SIP or systematic mode for a better future. But only a few know the best mutual fund in India 2019 for SIP. The main reason behind this is because there are over 350+ decent mutual funds in India. And all these mutual funds differ from one another in their investment and return mode.

Another point which needs consideration is the mode of investment. Every mutual cannot be suggested as an investment instrument in SIP mode. There are some in which one has to wait for the right day to invest under lump-sum mode.

So here we are compiling list of some best mutual funds in India. Remember, that there is an extensive research behind ranking them. Factors like volatility, exposure, diversification, risk, past returns and investment quality have been considered.

List of Best Mutual fund in India 2019 for SIP

RankFund Name1 Year Return3 Year Return5 Year Return
1SBI Bluechip Fund-3.95%20.97%55.79%
2ICICI Prudential Nifty Index Fund-1.67%29.65%46.37%
3HDFC Top 100 Fund3.24%33.73%55.56%
4UTI Nifty Index Fund-1.08%32.36%50.64%
5Reliance Index Fund-Nifty Plan-1.90%28.68%44.59%
6ICICI Prudential Bluechip Fund-2.11%28.70%59.48%
7Reliance Large Cap Fund-0.24%33.78%68.87%
8Mirae Asset Emerging Bluechip Fund2.07%44.18%133.79%
9SBI Focused Equity Fund2.03%35.67%82.86%
10SBI Equity Hybrid Fund4.30%29.68%71.76%

In the above list, an obvious question can be following.

Why fund with higher return has lower ranking?

The reason behind this is firstly, past returns do not guarantee future returns. And, the risk measures is also factored in. For example, if a fund has done decently in last 5 years, then its not a big accomplishment. This is because the market has done fairly well over this tenure.

Similarly, the exposure to various instruments such as bonds, their ratings etc have also been accounted into. We hope that this list helps you make better investment decision.

Ankit Maheshwari

Ankit is an avid writer with experience of working Investment Banking domain for over 7 years. He has been tracking Indian markets for over 10 years now for educational and learning purpose.

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