3 Mutual Fund SIPs which are the favorite of rating agencies, know about them


Mutual Funds: Mutual funds are becoming a popular investment option. People are preferring to invest more especially in Mutual Funds through Systematic Investment Plan (SIP). Through SIP, even those people who do not have a large amount to invest can create a big fund. Today we will tell you about some mutual fund schemes giving great returns, but before that let us know what this SIP is.

What SIP

  • Money is invested in SIP every month.
  • Investment in SIP can be closed, reduced or increased at any time.
  • You can continue to invest in the same scheme even after discontinuing the SIP.

Many firms and rating agencies rate mutual funds on the basis of various parameters, which include returns, portfolio, liquidity etc. Popular among these are Crisil, Morningstar and Value Research. We are telling you about 3 mutual fund SIPs that have been rated No. 1 or 5-star by these agencies:-

Canara Robeco Bluechip Equity Fund

  • The fund has been rated 5-star by Morning Star and Value Research and has been rated No. 1 by CRISIL.
  • The fund has a solid track record of returns and has a strong portfolio.
  • For a SIP, the fund house has earmarked a small amount of Rs 1,000.

Mirae Asset Large Cap Fund – Good fund for SIPs

  • This fund has been given a 5-star rating by CRISIL and Value Research.
  • It is a large cap fund, which provides long term capital appreciation to the investors.
  • The 1-year returns of the fund have been 33%, while the 3-year returns have been 65% on an annual basis, while the 5-year returns have been 17.53%.

Axis Bluechip Fund – Solid returns from SIPs

  • Axis Bluechip Fund is rated 5-Star by Value Research and 5-Star by Morningstar.
  • The fund has given a return of 28.45 per cent in 1 year, while the return of 5 years on an annual basis has been 17.19 per cent.
  • The assets under management of the fund are Rs 33,000 crore.

(Investment advice in any fund is not given by ABP News here. The information given here is for informational purposes only. Mutual fund investments are subject to market risk, read all scheme documents carefully. NAV can fluctuate depending on the factors and forces influencing the security market including fluctuations in interest rates.The past performance of a mutual fund may not necessarily reflect the future performance of the schemes. The mutual fund does not guarantee or guarantee any dividend under any of the schemes and is subject to the availability and adequacy of distributable surplus. Investors are advised to review the prospectus carefully and seek specific legal, tax and scheme You are requested to seek expert professional advice regarding the financial implications of investing/participating in

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