Top 10 Mutual Funds For Sip to Invest in 2022: One of the most popular investment options for people is Mutual Funds. Mutual funds are investment tools to invest money in different types of security to get much more returns and this is one of the most popular investment strategies. While there are thousands of schemes, selecting one among those is a big task. A systematic Investment Plan (also known as SIP), is the most easily popular way to invest in mutual funds and is a fruitful way to make investments enabling people to invest according to their needs, and financial goals in a disciplined manner. SIP is an investment method in which the investor can invest a fixed amount in a mutual fund at predefined intervals which can be weekly or monthly or quarterly or half yearly or annually.
The main advantages of using this SIP method is that the investor is bound to a fixed time of investment with no worry about the market dynamics, long-term benefit, with the benefit obtained in a compounding manner, and is beneficial to first-time and small investors. In this article we will have a look at the top 10 mutual funds for SIP to invest in in 2022 and here is the list of the best 10 mutual funds for SIP investment.
Top 10 Mutual Funds For Sip to Invest in 2022
◆ Quant Active Fund
◆Canara Robeco Small Cap Fund
◆ Motilal Oswal Midcap 30 Direct Growth
◆ PGIM India Flexi Cap Fund
◆ HDFC Balanced Advantage Fund
◆ Parag Parikh Flexi Cap Fund Direct-Growth
◆ Tata Balanced Advantage
◆ Mirae Asset Emerging Bluechip Fund Direct-Growth
◆ Kotak Emerging Equity Scheme Direct Growth
◆ Edelweiss Large & Mid Cap Direct Plan-Growth
Quant Active Fund
Founded in 2013, Quant Active Fund is one of the topmost SIP mutual funds that is a scheme from Quant Mutual Fund and has a worth of assets of ₹2,857 Crores coming under the small fund category. The expense ratio is 0.58% for this fund, which is less than what most other funds charge. Quant Active Fund invests majorly in Consumer Supplies, Services, Metals, and many others.
Canara Robeco Small Cap Fund
Canara Robeco Small Cap Fund is an equity fund started on 15 February 2019 and comes in the top 10 list. Managed by Shridatta Bhandwaldar and Ajay Khandelwal, the fund has a turnover of 26.78℅ and has the potential to beat inflation in the long run. This fund has ₹3442 Cr worth of assets under management (AUM) and an expense ratio of 0.39 %.
Motilal Oswal Midcap 30 Direct Growth
Motilal Oswal Midcap 30 Direct Growth, an equity fund, was started on 24 February 2014 by Abhiroop Mukherjee and Niket Shah. Since then it is the best one of investment option by SIP investors. Motilal Oswal Midcap could beat the inflation in the long-run and has assets worth ₹3158 crores and an expense ratio of 0.84 %. With a turnover of 1116.56℅, the fund outperformed benchmarks during a bull run.
PGIM India Flexi Cap Fund
PGIM India Flexi Cap Fund Direct-Growth is one of the top 10 mutual funds for SIP investment from Pgim India Mutual Fund. Launched on 11/02/2015, PGIM India Flexi Cap Fund Direct-Growth is an asset of worth ₹5,081 Crores under management (AUM) and is a medium-sized fund of its category. The fund will double the money invested every three years and has an expense ratio of 0.31%.
HDFC Balanced Advantage Fund
HDFC Balanced Advantage Fund is a hybrid fund started on 1 January 2013 and is handled by Gopal Agrawal, Priya Ranjan, Srinivasan Ramamurthy, and Anil Bamboli. This fund provides a SIP investment method that has the benefit of diversification. Having assets worth ₹48055 Cr under management (AUM) which is more than the category average, the turnover of the fund is 34.97% and has an expense ratio of 0.96 %.
Parag Parikh Flexi Cap Fund Direct-Growth
Parag Parikh Flexi Cap Fund Direct-Growth, a scheme from Ppfas Mutual Fund is a Multi Cap mutual fund. Started on 13 May 2015, the fund has invested in the Automobile sectors, Financial Services, Consumer Staples, and Technology and has ₹25,996 Crores worth of assets under AUM and the expense ratio is 0.77%.
Tata Balanced Advantage
Tata Balanced Advantage Fund Direct-Growth is a hybrid fund that allows SIP. Started on 29 January 2019, the fund is handled by Akhil Mittal, Rahul Singh, and Sailesh Jain and Tata Balanced Advantage Fund Direct-Growth gives the benefit of diversification and has an expense ratio of 0.29%. The turnover is 74.3% and the worth of assets is ₹5712 Cr.
Mirae Asset Emerging Bluechip Fund Direct-Growth
Launched on January 1, 2013, Mirae Asset Emerging Bluechip Fund Direct-Growth is a mutual fund scheme from Mirae Asset Mutual Fund having assets of worth. ₹23,510 Cr worth of assets under management, a medium-sized fund of the category. The expense ratio is 0.69% and the money is majorly invested in Healthcare, Automobile, Financial, Energy, and Technology sectors.
Kotak Emerging Equity Scheme Direct Growth
Kotak Emerging Equity Scheme Direct-Growth is an equity fund started on 1 January 2013 by Arjun Khanna and Pankaj Tibrewal. The turnover being 3.83% Kotak Emerging Equity Scheme has ₹21,935 Crore worth of assets under management and the expense ratio is 0.49%.
Edelweiss Large & Mid Cap Direct Plan-Growth
Edelweiss Large & Mid Cap Direct Plan-Growth is a scheme from Edelweiss Mutual Fund started in the year 2013 on January 1. With an expense ratio of 0.51%, the company has ₹1,526 Crores worth of assets under AUM with majorly money investment in the Financial, Automobile, Capital Goods, Energy, and Healthcare sectors.