Top equity mutual funds for SIP

Top equity mutual funds for SIP

by 5paisa Research Team Last Updated: Jan 03, 2022, 04:04 PM IST

In the year 2021, equity mutual funds on average gave returns of 32.53%. Read on to find out more about top equity MFs for SIP.

The year 2021 was quite fruitful for investors as on average an equity mutual fund gave returns of 32.53%. The funds dedicated to Information Technology (IT) sector returned 62.82% on average. Furthermore, smallcap funds and equity funds dedicated to the infrastructure sector followed suit by generating returns close to 61.56% and 51%, respectively.

Month 

SIP Contribution (Rs Crore) 

Jan-21 

8,023 

Feb-21 

7,528 

Mar-21 

9,182 

Apr-21 

8,596 

May-21 

8,819 

Jun-21 

9,156 

Jul-21 

9,609 

Aug-21 

9,923 

Sep-21 

10,351 

Oct-21 

10,519 

Nov-21 

11,005 

As you can see from the above table the monthly contribution post-normalization has increased tremendously. In the year 2021, the monthly contribution increased from Rs 8,023 crore in January 2021 to Rs 11,005 crore in 2021, clocking to an absolute growth of 37%.

Systematic Investment Plan (SIP) is one of the best ways to inculcate the discipline of investing regularly. It also comes with the benefit of rupee cost averaging. When the markets soar, a SIP investor ends up buying fewer units at higher Net Asset Value (NAV) and when the markets turn sombre, more units are bought at lower NAVs, thereby averaging it out. Trailing three-year annualized SIP returns stood at 18.6%. In this post, we have listed the top 10 equity mutual funds for SIP.

Fund Name 

3-Year Annualised SIP Returns (%) 

Standard Deviation (%) 

Axis Midcap Fund 

34.33 

18.59 

SBI Focused Equity Fund 

32.63 

20.47 

Quant Active Fund 

47.06 

23.59 

UTI Flexi Cap Fund 

34.92 

21.08 

Parag Parikh Flexi Cap Fund 

38.72 

17.75 

Kotak Small Cap Fund 

51.94 

27.42 

SBI Small Cap Fund 

40.75 

23.79 

Baroda Midcap Fund 

43.02 

20.69 

Baroda Multi Cap Fund 

35.98 

20.09 

Canara Robeco Flexi Cap Fund 

29.21 

18.94 

 

SENSEX
54,208.53
-109.94 (-0.20%)
Nifty 50
16,240.30
-19.00 (-0.12%)
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34,163.70
-138.20 (-0.40%)
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SENSEX
54,208.53
-109.94 (-0.20%)
Nifty 50
16,240.30
-19.00 (-0.12%)
Nifty Bank
34,163.70
-138.20 (-0.40%)

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