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Top 10 SIPs For ₹10,000 Monthly Investment

Looking to invest ₹10,000 SIP in mutual funds? This blog can give you a snapshot of the top mutual funds in India and the power of ₹10,000 invested consistently monthly in the right mutual fund SIPs.
September 10, 2021

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Investing in the right mutual funds through a Systematic Investment Plan (SIP) has been known to help investors create solid wealth for the future. There are other benefits to SIPs like rupee cost averaging.  

Most investors who are new to mutual funds like to start small and test the waters by investing say ₹10,000 per month. The logic behind it is simple - investors want to see how their investment grows over time. 

That said, selecting the right mutual funds remains the core problem regardless of the SIP amount. Lucky for you, apps like Cube work with expert advisors who help narrow down a list of top SIP mutual funds.  

Top 10 Best SIPs For Higher Returns

The most important characteristic of the best SIPs includes investing in the right mutual funds. Cube simplifies this process by giving Cube users access to mutual fund advice from Wealth First. 

Here’s a snapshot of some of the top SIPs that are currently being recommended by Wealth First on Cube:

1. Nippon India Liquid Fund

A liquid fund that invests in bonds and other debt instruments that mature in 60-91 days. 

  • SIP Amount: ₹100
  • 1-Year Returns: 3.16
  • 3-Year Returns: 5.30
  • 5-Year Returns: 5.95
  • Expense Ratio: 0.32%

2. ICICI Prudential Corporate Bond Fund

A debt fund that invests in bonds and other debt instruments that mature in 0-3 years (short term). 

  • SIP Amount: ₹100
  • 1-Year Returns: 4.89
  • 3-Year Returns: 8.48
  • 5-Year Returns: 7.78
  • Expense Ratio: 0.58%

3. Mirae Asset Large Cap Fund

An equity fund that primarily invests in the shares of large-cap companies like Infosys Ltd. (INFY), HDFC Bank Ltd. (HDFCBANK),  Reliance Industries Ltd. (RELIANCE), and others.

  • SIP Amount: ₹5000
  • 1-Year Returns: 47.76%
  • 3-Year Returns: 14.63%
  • 5-Year Returns: 15.45%
  • Expense Ratio: 1.59%

4. Axis Focused 25 Fund

An equity fund that invests in up to 25 shares of companies like Tata Consultancy Services (TCS), Housing Development Finance Corporation (HDFC), and others. 

  • SIP Amount: ₹5000
  • 1-Year Returns: 47.56%
  • 3-Year Returns: 13.46%
  • 5-Year Returns: 16.82%
  • Expense Ratio: 1.83%

5. DSP Nifty Next 50 Index Fund

An equity fund that mirrors the Nifty Next 50 index. Includes stocks like Abbott India (ABBOTINDIA).

  • SIP Amount: ₹500
  • 1-Year Returns: 45.11%
  • Expense Ratio: 0.59%

6. Kotak Small Cap Fund

An equity fund that primarily invests in small-cap stocks like Nilkamal Ltd (NILKAMAL), Carborundum Universal Ltd (CARBORUNIV), and others. 

  • SIP Amount: ₹5000
  • 1-Year Returns: 109.61%
  • 3-Year Returns: 25.58%
  • 5-Year Returns: 19.55%
  • Expense Ratio: 1.98%

7. Franklin India Feeder - Franklin U.S. Opportunities Fund

An international equity fund (feeder) that invests in Franklin U.S. Opportunities Fund (offshore).

  • SIP Amount: ₹5000
  • 1-Year Returns: 28.91%
  • 3-Year Returns: 25.21 %
  • 5-Year Returns: 23.35%
  • Expense Ratio: 1.62%

8. PGIM India Global Equity Opportunities Fund

An international equity fund that invests in the units of PGIM Jennison Global Equity Opportunities Fund.

  • SIP Amount: ₹5000
  • 1-Year Returns: 29.98%
  • 3-Year Returns: 31.31%
  • 5-Year Returns: 22.43%
  • Expense Ratio: 2.43%

9. Mirae Asset Tax Saver Fund

An equity fund that helps you save up to ₹46,800 in tax per financial year with a lock-in of 3 years. 

  • SIP Amount: ₹500
  • 1-Year Returns: 61.13%
  • 3-Year Returns: 19.41%
  • 5-Year Returns: 20.39%
  • Expense Ratio: 1.69%

10. Kotak Tax Saver Fund

An equity fund that helps you save up to ₹46,800 in tax per financial year with a lock-in of 3 years. 

  • SIP Amount: ₹500
  • 1-Year Returns: 53.60%
  • 3-Year Returns: 15.88%
  • 5-Year Returns: 14.89%
  • Expense Ratio: 2.09%

How To Check SIP Returns?

Using the Cube SIP Calculator is the best way to check the potential returns that you can earn by investing in SIP mutual funds. The calculator is simple to use:

1. Enter SIP amount

2. Select a time frame

3. Toggle returns percentages

4. Understand SIP returns

Test out Cube’s SIP wealth calculator yourself here:

Is Investing Rs 10,000 Per Month In SIPs The Right Decision?

Only a trained financial professional or a top-notch advisor can help you understand whether investing in any SIPs can be suitable for you. That said, there are two ways to look at the main proposition.

One, a monthly SIP of ₹10,000 has the potential to compound into a large sum in the future if you’ve invested in the right mutual fund. Let’s say you’ve invested ₹10,000 monthly for 5 years at 8% returns.

Investment Facts

 


Two, if ₹10,000 is what you can afford to consistently invest, then it’s better than parking the same amount in a savings account with 2.5% returns. Inflation will sap your gains and then take away some more.  

Will Investing ₹10,000 Per Month In SIPs Give Higher Returns?

Top mutual funds like the ones on Cube have been known to outperform traditional investments like bank fixed deposits, recurring deposits, gold, and others. Let’s understand this visually:

Investment

Average Returns (5+ Years)

Mutual Funds

6-15%

Fixed Deposit

4.5-5.5%

Recurring Deposit

6-8%

Gold

4-7%

It’s clear from the table above that consistent SIPs even if it’s ₹10,000 per month in the right mutual fund has the potential to help you build a sizable portfolio for the future. 

But it’s best to consult a trained financial professional before investing your hard-earned money in any financial instrument. They can recommend options based on your risk profile and investment goals.

Note:

Facts & figures are true as of 10-09-2021. All information mentioned is for educational purposes and relies on publicly available information. None of the information shared here is to be construed as investment advice. We strongly recommend you consult a Cube Wealth coach before investing your money in any stock, mutual fund. PMS or alternative asset.

Shriram Shekhar
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.

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