Top 10 Genuine High Returns SIPs for Long-Term Wealth Creation

Introduction:

If you're looking for an investment that can help you grow your wealth over the long term, SIPs (Systematic Investment Plans) can be a great option. SIPs are a disciplined way of investing in mutual funds, where you invest a fixed amount of money at regular intervals, say monthly or quarterly. This helps you average out the cost of investments and can potentially yield higher returns over the long term. In this blog, we'll look at the top 7 genuine high returns SIPs that you can consider for long-term wealth creation.

Mirae Asset Large Cap Fund

The Mirae Asset Large Cap Fund is a top-rated mutual fund that invests in large-cap stocks with a focus on growth-oriented companies. It has consistently delivered high returns over the past few years, with a 5-year CAGR of 18.77%. The fund has a low expense ratio of 0.71% and a minimum investment amount of Rs. 1,000.

Axis Focused 25 Fund

The Axis Focused 25 Fund is a concentrated portfolio of up to 25 stocks, which are carefully selected by the fund manager based on growth prospects and quality of the companies. The fund has a 5-year CAGR of 18.51%, making it one of the top performers in the category. The expense ratio of the fund is 0.96%, and the minimum investment amount is Rs. 1,000.

SBI Small Cap Fund

The SBI Small Cap Fund is a high-risk high-return mutual fund that invests in small-cap companies with high growth potential. It has a 5-year CAGR of 26.52%, which is significantly higher than its benchmark index. The expense ratio of the fund is 1.87%, and the minimum investment amount is Rs. 500.

HDFC Mid-Cap Opportunities Fund

The HDFC Mid-Cap Opportunities Fund is a mid-cap oriented mutual fund that invests in companies with strong growth potential in the mid-cap segment. It has a 5-year CAGR of 18.24%, which is higher than its benchmark index. The expense ratio of the fund is 1.85%, and the minimum investment amount is Rs. 5,000.

ICICI Prudential Bluechip Fund

The ICICI Prudential Bluechip Fund is a large-cap oriented mutual fund that invests in blue-chip companies with a focus on quality and growth prospects. It has a 5-year CAGR of 16.64%, which is higher than its benchmark index. The expense ratio of the fund is 0.94%, and the minimum investment amount is Rs. 100.

Franklin India Feeder - Franklin US Opportunities Fund

The Franklin India Feeder - Franklin US Opportunities Fund is a mutual fund that invests in the US market through the Franklin US Opportunities Fund. It has a 5-year CAGR of 19.02%, making it a top performer in the category. The expense ratio of the fund is 1.73%, and the minimum investment amount is Rs. 500.

Aditya Birla Sun Life Tax Relief 96

The Aditya Birla Sun Life Tax Relief 96 is a tax-saving mutual fund that invests primarily in equity and equity-related securities. It has a 5-year CAGR of 17.55%, which is higher than its benchmark index. The expense ratio of the fund is 1.50%, and the minimum investment amount is Rs.

Kotak Emerging Equity Fund

The Kotak Emerging Equity Fund is a high-risk high-return mutual fund that invests in emerging companies with high growth potential. It has a 5-year CAGR of 22.71%, which is significantly higher than its benchmark index. The expense ratio of the fund is 1.79%, and the minimum investment amount is Rs. 1,000.

Nippon India Small Cap Fund

The Nippon India Small Cap Fund is a small-cap oriented mutual fund that invests in small-cap companies with strong growth prospects. It has a 5-year CAGR of 20.88%, which is higher than its benchmark index. The expense ratio of the fund is 1.94%, and the minimum investment amount is Rs. 100.

UTI Nifty Index Fund

The UTI Nifty Index Fund is a passive mutual fund that tracks the performance of the Nifty 50 index. It has a 5-year CAGR of 14.50%, which is in line with its benchmark index. The expense ratio of the fund is 0.10%, making it a low-cost option for long-term wealth creation. The minimum investment amount is Rs. 500.