Best SIP Plans in India 2018

Warren Buffett says, “Only buy something that you’d be perfectly happy to hold if the market shuts down for 10 years.”

Do you agree with this?

Well, some of you might agree and some might not.

There are many investment avenues where you can invest and expect better returns. One such avenue is SIP.

But, how do you choose the best SIP plans?

But, before discussing this, you need to get some concepts clear about the SIP itself.

A well-versed knowledge of SIPs can aid you to make investment wisely in the mutual fund schemes.

How will it help?

Through SIPs, you can accrue MF units gradually.

This gradual accumulation, over a period of time, can create huge financial corpus.

And, what makes SIP a better investment option?

SIPs make investments convenient and affordable for small investors.

You can buy mutual fund units in small quantities every month.

As the purchased quantity is small, you’ll feel burden free.

Hence, investment in SIPs has proved to be more sustainable.

Here, we’ve listed down the top SIP plans in India:

Top SIP plans in India:

Being a smart and hassle-free mode of investment, the best SIP plans in India are:

Name of the Fund Asset Size

(In Crore)

(As on June 30, 2018)

5 years returns


3 years returns


1-year returns


HDFC Mid-cap Opportunities Fund (G) 17969.28 25.7 12.5 2.9
Aditya Birla Frontline Equity Fund (G) 15222.11 16.7 8.2 2.7
SBI BlueChip Fund Reg (G) 14027.55 17.8 8.5 3.8
Franklin India Equity Fund (G) 9282.81 18.6 7.7 3.8
Mirae Asset India Equity Fund – Regular Plan (G) 5437.54 20.9 11.3 6.4


HDFC Mid-cap Opportunities Fund:

With a NAV of 56.874 as on September 17, 2018,this scheme holds the second rank in mid-cap fund category by CRISIL (for the quarter ended in Jun 2018). The rank remains unchanged from last quarter.

Aditya Birla Frontline Equity Fund:

Aditya Birla Sun Life Frontline Equity Fund (G), with the Net Asset Value (NAV) of 224.630 as on September 17, 2018, ranks third in the Large Cap Fund category by the CRISIL.

SBI BlueChip Fund-Reg (G):

With a NAV of 38.576 as on September 17, 2018, SBI BlueChip Fund-Reg (G)holds the third rank in the Large Cap Fund category by CRISIL for the quarter that ended in June 2018. The rank remains unchanged from the previous quarter.

Franklin India Equity Fund (G):

Franklin India Equity Fund (G) has 607.793 NAV as on September 17, 2018, and holds the fourth rank in the multi-cap fund category by CRISIL for the quarter ended in June.

Mirae Asset India Equity Fund-Regular Plan (G):

Mirae Asset India Equity Fund-Regular Plan (G), with NAV of 49.789 as on September 17, 2018, ranks second on the list of CRISIL’s multi-cap fund category for the quarter ended in June 2018. The rank remains unchanged from the previous quarter.

Now that you have a fair idea of top SIP plans, let’s discuss how to invest in SIP:

How to Invest in SIP plans?

Once you figure out which SIP plan to choose, you must know how to invest in SIPs. Here, let’s give you a step-by-step process on how to make investments in SIP:

Step 1: Understand the objective of your investment along with your risk tolerance:

The first and foremost step while investing in SIP is to know your risk appetite. In many cases, the higher age comes with financial obligations and lowers your risk appetite. However, if you wish to have higher returns on your investments, you need to come out of your comfort zone and increase your risk tolerance. Once you assess your risk appetite, it is vital to understand the objective of your investment.

Step 2: Pick SIP for your investment:

Mutual funds have a plethora of SIP plans available in the market. Nevertheless, you must choose the funds on the basis of your risk tolerance and personal financial goals. Once you choose the SIP plan to invest in, you need to go through the steps below:

  1. Fill in the application form
  2. Fill up the ECS form (in case of online mode) or deposit a chequefor SIP’s monthly amount (for the offline mode).
  3. Submit a cancelled cheque
  4. Proof of address is to be provided
  5. Know your customer (KYC) form

Step 3: Pick a date of SIP:

Under SIP plans, your money is debited automatically from your bank account. Hence, it is important to choose a specific date when you can pay.

Step 4: Choose the tenure of the SIP:

Mutual fund investment via SIP is the most convenient and the best way to fulfil your fiscal goals. You must choose the duration of your SIP according to your financial goal. You can calculate the required SIP amount with the help of SIP calculator.

Step 5: Stick to your SIP investment by the end of the investment period:

SIP is the best and simple method to create wealth via long-term investments. Unlike mutual funds, you do not have to check the daily prices of SIP. You stay tension-free until your investment period is over.

Over to you!

SIPs allow you to invest insmall chunks periodically – weekly, monthly, quarterly. SIP is a smarter and easy mode of investment. They’re flexible in nature, hence, you can choose to increase or decrease the investment amount. This is one of the safest investment products. You can choose the best SIP plans from here and know how to invest in SIP. This will aid you to make a wise choice to invest your hard-earned money.


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