- ICICI Prudential Ultra Short Term Fund.
- Aditya Birla Sun Life Savings Fund.
- Nippon India Ultra Short Duration Fund.
- IDBI Ultra Short Term Fund.
- UTI Ultra Short Term Fund.
- Indiabulls Ultra Short Term Fund.
- Kotak Savings Fund.
- BOI AXA Ultra Short Duration Fund.
Keeping this in consideration, which SIP is best in India?
The table below shows the best equity funds:
| Fund | 3-Year Performance | Link |
|---|---|---|
| ICICI Prudential Technology Fund – Direct Plan – Growth | 23.77 % | Invest Now |
| SBI Small Cap Fund – Direct Plan – Growth | 23.71 % | Invest Now |
| DSP World Mining Fund – Direct Plan – Growth | 23.46 % | Invest Now |
| TATA Digital India Fund DIRECT Plan Growth | 23.45 % | Invest Now |
Moreover, how do I become a sip advisor?
How to become a mutual fund advisor
- Step 1- Registering for the NISM Exam. …
- Step 2- Passing the NISM mutual fund distributor examination. …
- Step 3 – Obtaining the ARN from AMFI. …
- Step 4 – Registering with Distributors or AMCs.
Which SIP is best for 5 years?
Best SIP Plans for 5 Years in Equity Funds
- Axis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance. …
- ICICI Prudential Blue chip Fund. …
- SBI Blue chip Fund. …
- Mirae Asset Large Cap Fund. …
- SBI Multicap Fund.
Which SIP is best for 1 year?
Top 10 Best SIP plans for 1 year-
| Investment | Returns in 3 Months | Returns in 1 Year |
|---|---|---|
| ICICI Prudential Ultra Short Term Fund | 1.2% | 7.7% |
| India Bulls Ultra Short Term Fund | 1.2% | 6.8% |
| Kotak Savings Fund | 1.1% | 6.9% |
| BOI AXA Ultra Short Duration Fund | 1% | 6.7% |
Which SIP should I invest in 2020?
- Axis Focused 25 Fund. This is an open-ended equity fund, which aims to generate long term capital appreciation by making the investment in equity and equity-related securities. …
- DSP Equity Fund. …
- ICICI Prudential Bluechip Fund. …
- Axis Bluechip Fund. …
- HDFC Balance Advantage Fund. …
- TATA India Consumer Fund.
Is SIP tax free?
Every SIP instalment into an SIP counts towards tax deductions under Section 80C. You can claim a tax rebate of up to Rs 1,50,000 and save up to Rs 46,800 a year in taxes.
Is SIP safe?
Is SIP safe or not? SIP is a very safe method to invest in mutual funds. If you invest in a mutual fund lump sum, depending on the market condition, you could end up paying a very high price for a mutual fund. To avoid this, you should invest in mutual funds when the markets are not overvalued.
Can I lose money in SIP?
SIPs have losses
But as the market keeps falling and you continue to invest your average cost fall. You will be buying more units at a lesser cost. The primary advantage of SIP is to lower the average cost of buying mutual funds. SIPs work well in a falling market condition or volatile markets.
Is rd a good investment?
Investing in an RD scheme is a great option for salaried people as they do not have to invest a lump sum amount at one time as is the case in Fixed Deposits. … People with low income can also start investing in the RD scheme as the minimum amount to be invested is as low as Rs. 1000 per month.
Which SIP plan is best?
Top SIP Mutual Funds in India
| SIP Plans | Type | 5 Year |
|---|---|---|
| HDFC Mid Cap Opportunities Fund | Equity Fund | 26.00% |
| HDFC Prudence Fund(G) | Balanced Fund | 16.56% |
| HDFC Small Cap Fund | Equity Fund | 24.31% |
| ICICI Prudential Balanced Advantage Fund | Balanced Fund | 14.39% |
How do mutual fund advisors get paid?
This commission structure range from 0.5% to 1% based on the mutual fund companies and products.it is paid from your total net worth of asset under management. … 5 Crores and the trail commission is 0.5 %, the company will be paying an agent Rs 25,0000 annually, the amount coming from the investor’s money.
How much commission do mutual fund agents get?
Your mutual fund agent will receive it whenever you invest newly. This commission varies from product to product, high in ELSS funds (around 4.5% to 1%), equity schemes (around 0.5% to 2.5%) and low in debt funds (around 0.2% to 0.8%).
Which broker is best for mutual funds?
Zerodha