Which SIP Should I Invest In 2020?

Can I lose money in SIP?

So, when the price of equity falls, you should invest more instead of redeeming your investments, because redemption in low market would turn the notional loss in real loss.

It is because, under SIP, same amount is invested in equal interval and when NAV of funds are lower at low market, you would get more units..

Is SIP better than FD?

Fixed deposit is the best investment option for conservative investors only. … On the other hand, returns cannot be guaranteed in a systematic investment plan or an SIP. There is no doubt in the fact that an SIP provides higher returns in comparison to fixed deposits but there is no guarantee of returns in an SIP.

Is SIP better than PPF?

SIP investment in mutual funds are ideal for all, short term, medium term and long term goals. They are ideal for wealth creation and fulfilment of goals. A PPF is ideally suitable for only long term investments of 15 years or more. … SIP investment in mutual funds do not have a defined lock-in period.

Which SIP is best for 1 year?

Best SIP Plans for 1 Year Investment in FY 20 – 21Aditya Birla Sun Life Savings Fund. The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. … ICICI Prudential Ultra Short Term Fund. (Erstwhile ICICI Prudential Regular Income Fund) … Kotak Savings Fund.

Which day is best for SIP investment?

The most common dates are on the 5th, 10th, 15th, and 25th of each month. Only a few allow an SIP even later.

Which SIP gives highest return?

Here’s a look at five such schemes:Axis Bluechip Fund. 5-year SIP returns: 15.57% … AXIS Focused 25 Fund. 5-year SIP returns: 15.25% … IIFL Focused Equity Fund. 5-year SIP returns: 14.71% … SBI Focused Equity Fund. 5-year SIP returns: 13.69% … Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%

Which SIP plan is best?

Best SIP Investment Plans in IndiaSIP PlansType3 YearICICI Prudential Balanced Advantage FundBalanced Fund9.16%ICICI Prudential Equity & Debt FundEquity Fund11.11%ICICI Prudential Value DiscoveryEquity Fund7.34%Kotak Standard Multicap FundEquity Fund-1.28%27 more rows•Jul 12, 2020

Is it good to invest in SIP now?

Systematic investment plans or SIPs shield you from many harms. Some of them are short term risks, short term volatility, emotional and impulsive reactions, overspending and so on. SIP plans are one of the safest and most convenient ways to invest in the equity markets of India through mutual funds.

Why is SIP not good?

Cons: SIPs in the short run might incur losses as well due to market volatility and risks like market risk, liquidity risk, credit risk, etc. Having said that, the performance of any equity-based mutual fund depends on the market performance.

What is Blue Chip Fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.

Which SIP is best for 10 years?

Large-Cap SchemesScheme Name5-Year Monthly SIP10-Year Monthly SIPICICI Pru Top 100 Fund (G)Rs.9,41,59118.43%Quantum LT Equity Fund (G) – Direct PlanRs.9,15,69517.27%Reliance Growth Fund (G)Rs.10,75,05724.01%SBI BlueChip Fund – Reg (G)Rs.9,55,95519.07%6 more rows

Which SIP is best in SBI?

Best Performing SBI Mutual Fund Schemes for SIP InvestmentFund Name1 Year Return3 Years ReturnsSBI Magnum Multi-cap Fund10.84%15.56%SBI Magnum Tax Gain Fund7.46%9.99%SBI Short Term Debt Fund4.17%7.19%SBI Small and Midcap Fund20.93%21.91%8 more rows•Aug 27, 2020

Which is the best SIP to invest in 2020?

Best SIP Plans for the Year 2020Fund NameMonthly Investment5 years ReturnICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%Nippon India large Cap Fund500010.9%6 more rows•Aug 24, 2020

Are SIP risk free?

SIP Is Not Risk Free SIP does not make equity investment risk-free. … However, investments done through SIP compared to lump sum investments will reduce your losses. Similarly, SIPs don’t guarantee returns over the long term. The returns are determined by the underlying fund.