Top 7 SIP Mutual Funds in 1 Year: Returns on Rs 10,000, Rs 15,000, and Rs 20,000 SIPs

Investing through a Systematic Investment Plan (SIP) is a popular choice among mutual fund investors. SIPs allow you to invest small amounts systematically through monthly installments, with the flexibility to increase, decrease, or stop contributions as needed. Starting investments can be as low as Rs 100, with most mutual funds requiring a minimum SIP of Rs 500. The biggest advantage of SIPs is rupee cost averaging, where you buy more units when the market is down and fewer units when the market is up, reducing the impact of market volatility over time.

Top Performing SIP Mutual Funds

The past year has seen a sharp rise in the share market, with many mutual funds delivering impressive SIP returns (XIRR) of over 30%. Here are the top 7 SIP mutual funds and the returns they have provided on monthly SIPs of Rs 10,000, Rs 15,000, and Rs 20,000 over the past year.

1. Quant Large and Mid Cap Fund

• 1-Year Return: 67.29%
• Benchmark: NIFTY Large Midcap 250 Total Return Index (41.18%)
• AUM: Rs 2,611.50 crore
• NAV: Rs 127.6491
• Returns on SIPs:
  • Rs 10,000 SIP: Rs 1.60 lakh
  • Rs 15,000 SIP: Rs 2.40 lakh
  • Rs 20,000 SIP: Rs 3.20 lakh

2. Quant Active Fund

• 1-Year Return: 51.06%
• Benchmark: Nifty 500 Multicap 50:25:25 Total Return Index (42.53%)
• AUM: Rs 9,591.75 crore
• NAV: Rs 709.7111
• Returns on SIPs:
  • Rs 10,000 SIP: Rs 1.51 lakh
  • Rs 15,000 SIP: Rs 2.26 lakh
  • Rs 20,000 SIP: Rs 3.02 lakh

3. Quant Focused Fund

• 1-Year Return: 48%
• Benchmark: NIFTY 500 Total Return Index (34.79%)
• AUM: Rs 917.04 crore
• NAV: Rs 92.8186
• Returns on SIPs:
  • Rs 10,000 SIP: Rs 1.49 lakh
  • Rs 15,000 SIP: Rs 2.24 lakh
  • Rs 20,000 SIP: Rs 2.98 lakh

4. Kotak Equity Opportunities Fund

• 1-Year Return: 45.11%
• Benchmark: NIFTY Large Midcap 250 Total Return Index (41.18%)
• AUM: Rs 21,892.48 crore
• NAV: Rs 348.2260
• Returns on SIPs:
  • Rs 10,000 SIP: Rs 1.47 lakh
  • Rs 15,000 SIP: Rs 2.21 lakh
  • Rs 20,000 SIP: Rs 2.95 lakh

5. Parag Parikh Flexi Cap Fund

• 1-Year Return: 35.26%
• Benchmark: NIFTY 500 Total Return Index (34.79%)
• AUM: Rs 65,546.48 crore
• NAV: Rs 77.6977
• Returns on SIPs:
  • Rs 10,000 SIP: Rs 1.42 lakh
  • Rs 15,000 SIP: Rs 2.13 lakh
  • Rs 20,000 SIP: Rs 2.83 lakh

6. Canara Robeco Emerging Equities Fund

• 1-Year Return: 32.56%
• AUM: Rs 21,334.48 crore
• NAV: Rs 247.2500
• Returns on SIPs:
  • Rs 10,000 SIP: Rs 1.40 lakh
  • Rs 15,000 SIP: Rs 2.10 lakh
  • Rs 20,000 SIP: Rs 2.80 lakh

7. Mirae Asset Mid and Large Cap Fund

• 1-Year Return: 32.13%
• AUM: Rs 34,904.00 crore
• NAV: Rs 34,904.00
• Returns on SIPs:
  • Rs 10,000 SIP: Rs 1.40 lakh
  • Rs 15,000 SIP: Rs 2.10 lakh
  • Rs 20,000 SIP: Rs 2.80 lakh

Conclusion

Investing in SIP mutual funds can be a wise decision to grow your wealth systematically. The top-performing funds listed above have provided substantial returns over the past year. By starting a SIP with amounts as low as Rs 500, you can take advantage of rupee cost averaging and potentially see significant growth in your investments over time.