Where to Invest in Sip in India
SIP or Systematic Investment Plan is one of the most rewarding way of building wealth and thus it is important to know about the best sip where to invest in India. They help in averaging the cost of the investments and offer superior return with the fewer shock over a long period of time.
Designing the rewarding Systematic Investment Portfolio is very simple. You just need to decide:
Asset allocation- it signifies the amount of money you would invest in some particular categories of mutual funds each month. A typical allocation of asset is about 50% in the large cap funds, 20 to 30% in the small and mid-cap mutually funds and rest in the debt funds.
The schemes- the portfolio needs to have minimum 3 schemes. On upper side, it should have maximum 7 to 8 schemes. More than this and the portfolio becomes quite difficult for tracking as well as managing. A good portfolio usually has 5 schemes, 4 of equity schemes and 1 debt scheme.
Mutual Funds Schemes- it’s the last step for designing a well rewarding portfolio for SIP investment and to tell people sip where to invest. Just look at the curated list of the top performing mutual fund. You just need to choose a few funds from each class of assets and your rewarding portfolio for building wealth would be ready in no time.
SIPs or Systematic Investment Plans are considered to be a rewarding way of building wealth they average cost of the investments and offer superior quality returns with few shocks in the long term.
Why is SIP better than the lump sum investment?
Sip where to invest in India is often considered to be much better than the lump sum investing plan. It’s quite interesting to see that there are no rules as such for this fact. The point that needs to be noted is that SIP in most of the cases over a long period of time has fared well than the lump sum investment. As they are the periodic investment mutual fund of fixed frequency as well as sum they have mainly 2 benefits.
As SIP entails the fixed lump sum investment at the regular interval irrespective of whatever the situation of the market is, the investors often tend of buy additional units automatically when the financial market is low. It leads to low average price which fetches higher returns, with the lump sum investment plans you face the market at a particular cycle where market rates could be low.
Having the benefit of investing at average price makes it better than the lump sum investment plan.
Another big reason why mutual fund is considered to be better is directly related to the hu8man nature. We often invest their money when outlook seems to be bright and begin selling when the things do not look so good. The SIPs do right the opposite by automating the whole process of investment regularly removing notion of choosing the time of selling and investing in leading to much better returns.
Why should you invest in mutual funds
Investing in best sip where to invest in India is a very good way to achieve the long term and short term financial aims. One big reason why there is a need to invest in this particular format is a habit to save and invest in mutual fund. It’s quite a disciplined approach for investment.
HDFC Balanced Advantages Funds
HDFC Mutual Funds is considered to be one of the largest sip where to invest and it first launched its schemes in 2000. There are about 28 open ended as well as 7 closed ended schemes which are managed by AMC of fund house.
The objective of investment in the scheme to offer long term appreciation in capital or income from the dynamic mix of debt and equity instruments The Assets under the management stand at Rs. 37,157 cr as on 31st Oct 2018. The schemes has been benchmarked as against NIFTY. Infosys, ICICI Bank and SBI are the best 3 investments of the mutual fund.
L&T Hybrid Equity Fund is the open ended schemes that invests in the equity as well as equity related instrument. Investment can also be done in money market as well as debt instruments. The target basically is to get good amount of return as well as long term appreciation of capital. Maximum 75% would be invested in equity whereas maximum 35% would be invested in the money market and debt instruments. This fund was earlier called L&T India Prudence Fund.
Information as well as statistics of fund of Hybrid L&T Equity Funds
Inception or launch date
L&T Hybrid Equity Funds was introduced in 2011 by the name of L&T financial services.
Level of risk
L&T Hybrid Equity Fund is considered to be the best sip where to invest. L&T Hybrid Equity Fund is the moderately high risk fund and it’s suitable for the investors and traders who wish to invest in reasonable long term appreciation of capital by exposing the investment to defensive as well as aggressive instruments.
Redemption of the units is done at the applicable NAV price on each business day. Under the normal circumstances, the fund house dispatched the proceeds of redemption within three business days.
L&T Equity Fund is in the hands of Mr. S N Lahiri since 2012, Shriram Ramanathan since 2016 and Mr. Karan Desai since 2017.
Entry and exit load
The mutual fund house doesn’t take any entry or exit load in case 10% of investment gets redeemed within one year from the allotment date. In case the rest of your investment gets redeemed within one year, 1% of exit load is applied. There’s no exiting load in case redeemed after a year.
ICICI Prudential Equity and Debt Fund
ICICI Prudential is the joint venture between Prudential PLC and ICICI which is the international financial service group. The mutual fund house has 47 mutual funds products and it serves a customer base of about 3 million. ICICI Prudential Mutual Funds always strive to offer high risk adjusted return with consistent long term financial performance.
As the name applies, ICICI Prudential equity and debt invests in equity and equities and debt related securities and which is why it is called best sip where to invest in India.
This scheme mainly aims at offering a regular income and appreciation of capital over the long term horizon of investment. It’s a balanced fund which offers you portfolio stability and also helps in boosting the returns.
Fund information as well as statistics of the mutual fund
Inception as well as launched date
ICICI Prudential Equity and Debt was introduced in the year 1999 under the leadership of ICICI Prudential AMC. It was earlier called ICICI Prudential Balance Mutual Fund.
Level of risk
ICICI Prudential equity and debt is considered to be a moderately high risk bet and is totally suitable for the investors as well as traders who wish to be exposed to equity market with the long term horizon of investment.
Redemption of the units would be done by buyback or repurchase by sip where to invest in India house. Under the normal circumstances, the mutual fund house would dispatch the proceeds of redemption within ten business days from date of the receipt of the request.
ICICI Prudential equity and debt is managed by Sankaran Naren and Manish Banthia and Atul Patel.
Entry and exit load
The mutual fund house doesn’t charge anything for entry or exit load in case 10% of your investment gets redeemed before one year. However, in case the rest of your investment gets redeemed before one year, the exit load of about 1% is applied. No load for exit is charged when redeemed after a year from the allotment date.
SBI Equity hybrid mutual fund
SBI Mutual Fund is the joint venture between Amundi (a European Asset Management Company which is the subsidiary created jointly by Société Générale and Amundi) and State Bank of India. The corporate head office of SBI mutual funds which is also one of country’s biggest bank sponsored mutual funds brand is in Mumbai. It’s also one of the first bank sponsored mutual fund which is located in Mumbai. It’s also the very first bank sponsored mutual fund which was launched the off shore mutual fund, called Resurgent India Opportunity Mutual Fund.
The sip where to invest in India is considered to be an aggressive hybrid plan which seeks to offer the investors long term appreciation of capital along with liquidity of the open end scheme. It’s achieved by the capitalisation of a combination of equity as well as debt. This scheme invests in a number of equities of the high growth business and stabilises the risks through investment in the rest of the fixed income security.
Information about the funds and statistics of SBI equity hybrid mutual fund
Inception or launch date
SBI equity fund was first introduced in 1995
Level of risk
The principal which is invested would be at a moderate high risk
The units could be redeemed right after expiry of lock in period from allotment date of the units. It would be done by re purchase or by buy back by the mutual fund house. Under the general circumstances, the mutual fund house would dispatch the proceeds of redemption within ten business days from date of the receipt of the request.