It is a common belief that rich people invest in mutual funds, but this is not true. And it is not necessary that only by investing a large amount, one can get more profit. Even by investing regularly with small amounts like Rs.100 per month, you can create a good corpus in the long term. Therefore, today I thought to write a blog post on the Top 4 Best Mutual Fund SIPs to invest with Rs.100 in 2021.
Are you looking for the best mutual funds SIPs you can start with Rs.100? Do you want to know the best SIP plans to invest with Rs.100? If your answer is yes, then this blog post is for you.
Table of Contents
What is SIP in Mutual Fund?
SIP (Systematic Investment Plan) is a popular way of investing in mutual funds. In SIP, you can deposit a fixed amount at regular intervals in installments according to your convenience in the mutual fund of your choice. SIP in mutual funds is a better plan for such people who do not want to invest directly or lump sum in the stock market. Investment through SIP has a high potential for high returns in the long term
There are many SIP schemes in the market, in which you can start your investment for just Rs.100 per month. A hundred bucks is a small amount that most of us usually spend to buy a coffee at a coffee shop, so why not invest some money and make a good corpus out of it. Therefore, I have listed 4 SIP plans to invest with Rs.100 which have given huge returns to the investors.
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Methodology used in shortlisting
These top 4 SIPs starting with Rs.100 are shortlisted based on the following factors.
1. The mutual funds that have given good returns in the last 3 and 5 years are considered here.
2. Selected funds have AUM (Assets Under Management) of more than Rs.3000 Cr. Higher AUM means that the fund scheme is trusted by a large number of investors.
3. Mutual Fund SIPs that are rated as 5 stars and 4 stars (Out of 5) by Value Research are considered here. Higher is better.
Here, I have selected the top mutual fund SIPs to invest in with just Rs.100.
Top 4 Best Mutual Fund SIPs to invest with Rs.100 in 2021
Here are the mutual fund SIPs that can be started for as low as Rs.100
1. Nippon India Growth Fund
2. Nippon India Small Cap Fund
3. ICICI Prudential Bluechip Fund
4. Principal Emerging Bluechip Fund
Table of Top Mutual Funds SIP for Rs.100
Here are the top SIP mutual funds you can start for Rs.100 in India.
| S. No. | Scheme Name | Category | Returns in Percentage* | ||||
| 1 Year | 3 Years | 5 Years | 7 Years | 10 Years | |||
| 1 | Nippon India Growth Fund | Mid Cap | 88.07 | 29.29 | 18.84 | 17.36 | 18.04 |
| 2 | Nippon India Small Cap Fund | Small Cap | 107.37 | 30.18 | 22.52 | 21.45 | 25.26 |
| 3 | ICICI Prudential Bluechip Fund | Large Cap | 58.61 | 20.04 | 16.13 | 14.2 | 15.72 |
| 4 | Principal Emerging Bluechip Fund | Large & MidCap | 72.7 | 25.51 | 17.97 | 19.19 | 22.39 |
| Regular Plans – Growth *As on 14/10/2021 Data Source: Value Research | |||||||
Best Mutual Fund SIPs to Invest with Rs.100
Following are the best performing SIP plans to invest with Rs.100:
1 Nippon India Growth Fund
This is an offering from the Nippon India fund house, this is a mid-cap fund that has a total asset under management (AUM) of Rs.18839 crores. NAV of the fund as of October 14, 2021, is Rs.2180.02.
The main holdings of the fund include Varun Beverages, L&T Technology Services, Cholamandalam Financial Holdings, SRF, Ashok Leyland, ICICI Bank, etc. For the fund, S&P BSE 150 MidCap TRI is the benchmark.
Both lump sum investment and SIP in the scheme can be made for just Rs.100.
2. Nippon India Small Cap Fund
This fund is categorized within the small-cap fund space and has a total asset under management (AUM) of Rs.17282 crores. NAV of the fund as of October 14, 2021, is Rs.85.84. Value Research has rated the fund as 4-star.
Top stock holdings of the fund include Deepak Nitrite, Tube Investments of India, Birla Corporation, Bajaj Electricals, Navin Fluorine International, NIIT, Balrampur Chini Mills, etc. For the fund, Nifty Smallcap 250 TRI is the benchmark.
For lump sum investment, you need to invest at least Rs.5000, while through the SIP route you need to invest a minimum of Rs.100 only.
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3. ICICI Prudential Bluechip Fund
This large-cap fund from the ICICI Prudential Mutual Fund is a Value Research 4-star rated fund. The fund commands an AUM of Rs.30724 crores. The expense ratio of the fund is 1.71%.
Some of the major holdings of the fund include stocks like ICICI Bank, HDFC Bank, Infosys, Reliance Industries, Axis Bank, Bharti Airtel, Larsen & Toubro, HDFC, Maruti Suzuki India, HCL Technologies among others. For the fund, Nifty 100 TRI is the benchmark.
This is the third fund on our list that allows SIP investment for just Rs.100. For a one-time investment, you also need to invest a minimum of Rs.100.
4. Principal Emerging Bluechip Fund
This is a large and mid-cap category mutual fund. The fund has a total asset under management (AUM) of Rs.3123 crores. NAV of the fund as of October 14, 2021, is Rs.191.39. Value Research has rated the fund as 4-star.
The main holdings of the fund include ICICI Bank, HDFC Bank, Infosys, Dixon Technologies, Reliance Industries, Bajaj Finance, HDFC, etc. For the fund, Nifty Large Midcap 250 TRI is the benchmark.
You need to invest a minimum investment on a lump sum basis is Rs.300 while through the SIP route you can start investing with Rs.100.
Final Thoughts
Above mentioned top performing SIP mutual funds are selected as the top mutual fund SIPs to invest with Rs.100 in terms of returns and other parameters. However, you should not forget that mutual funds are exposed to equity market-related risks.
Therefore, there is no guarantee of returns in mutual funds. Past performance of a fund may or may not repeat in the future. So, select only those best performing mutual fund SIPs that match your investment goals, investment horizon, and risk appetite.
Disclaimer: The information in this post (Top 4 Best Mutual Fund SIPs to invest with Rs.100 in 2021) is strictly for general information purposes only. Please do consult a qualified financial advisor before making any investment decision.
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