Greeting To Our Readers!
The market is trending high, people planning to invest in mutual funds are looking towards executing them. Especially investors are looking to participate in mutual fund investing via SIP (Systematic Investment Plan).
Reason for this, because that staggering investment is the ideal way to invest at times when the markets are at a new record, whether high or low. Simply investing in a mutual fund via SIP is an all-time best option, especially when you are planning to invest for the long term.
To those investors who generally drop the plan to participate in mutual funds, because the market is trending high, we suggest, waiting for the market to get down is such a waste of time and energy of your money to grow.
Simply plan and start investing in mutual funds via SIP today Here are 4 SIPs that you can start your investment in December 2021.
Axis Flexi Cap Fund…
A flexible-cap equity category mutual fund scheme run and managed by Axis MF. Being an equity category fund, it invests in assets under management in a portfolio of equity and equity-related instruments across market capitalization.
This fund has assets under management of Rs 10,979 crores, with almost 96.11% investment in Indian stocks of which 66.75% is in large-cap stocks, 6.99% is in mid-cap stocks, 5.97% in small-cap stocks.
Some of the popular stocks this fund has its investment in, are Bajaj Finance, Infosys, HDFC Bank, ICICI Bank, and Avenue Supermarkets. Investors can start with a SIP amount of Rs 500 and a minimum investment of Rs 1,000.
Canara Robeco Emerging Equities Fund…
A large and mid-cap equity category mutual fund scheme, run and managed by Canara Robeco Mutual Fund. Being an equity category diversified mutual fund, it seeks to generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks only.
The funds have total assets under management at Rs 11,774 under the growth plan and have 96.51% investment in Indian stocks of which 40.85% is in large-cap stocks, 30.68% is in mid-cap stocks, 5.26% in small-cap stocks.
The fund is considered suitable for investors who are looking to invest money for at least 3-4 years and looking for high returns. Investors can invest in this fund with a minimum SIP amount of Rs 1000 per month.
ICICI Prudential Savings Fund...
A low duration fund run and managed by ICICI Prudential Mutual Fund. Compared to the above equity category funds, this fund is a debt category fund that is associated with low risk and yield fewer returns. These funds are taken as the best alternate for saving bank account or fixed deposits and are considered suitable for investors who want to invest for 1-3 years.
The returns from this fund have been in line with bank deposits with 1-year returns of around 5.76% and 5-year returns of 7.56%.
Keep reading our articles for more updates on finance and investment!!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
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(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).
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