Investing in mutual funds can be a great way to grow your wealth over time. For those interested in systematic investment plans (SIPs), understanding the performance of various funds is crucial. Here, we summarize the current values and performance rates for several notable funds.
HSBC Consumption Fund – Direct Plan – Growth
Today’s value of ₹1000 SIP
-
3 year
4,175.80
(47.30%)
-
5 year
4,175.80
(47.30%)
- Start SIP
HSBC Infrastructure Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
26,994.20
(38.94%)
-
5 year
104,636.30
(37.21%)
- Start SIP
Tata Business Cycle Fund – Direct (G)
Today’s value of ₹1000 SIP
-
3 year
24,720.00
(33.19%)
-
5 year
24,720.00
(33.19%)
- Start SIP
HSBC Value Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
24,817.00
(33.44%)
-
5 year
91,932.70
(32.30%)
- Start SIP
HSBC Business Cycles Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
24,705.80
(33.16%)
-
5 year
88,099.00
(30.71%)
- Start SIP
HDFC Flexi Cap Fund – Direct Plan – (G)
Today’s value of ₹1000 SIP
-
3 year
23,768.50
(30.68%)
-
5 year
88,072.00
(30.69%)
- Start SIP
Axis Small Cap Fund – Regular Plan (G)
Today’s value of ₹1000 SIP
-
3 year
22,177.80
(26.34%)
-
5 year
88,013.90
(30.67%)
- Start SIP
Tata Digital India Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
20,581.50
(21.77%)
-
5 year
86,301.50
(29.94%)
- Start SIP
Tata Value Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
24,583.20
(32.84%)
-
5 year
85,029.50
(29.39%)
- Start SIP
Tata Focused Equity Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
22,012.00
(25.87%)
-
5 year
69,944.70
(26.92%)
- Start SIP
Axis Mid Cap Fund – Regular Plan (G)
Today’s value of ₹1000 SIP
-
3 year
22,016.30
(25.89%)
-
5 year
77,873.20
(26.17%)
- Start SIP
Tata Dividend Yield Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
22,398.60
(26.95%)
-
5 year
28,010.40
(25.61%)
- Start SIP
HSBC Focused Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
21,376.40
(24.07%)
-
5 year
46,363.30
(23.51%)
- Start SIP
Canara Robeco Focused Equity Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
1,983.10
(26.25%)
-
5 year
7,411.70
(22.30%)
- Start SIP
Mirae Asset Focused Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
17,914.60
(13.59%)
-
5 year
63,984.10
(19.16%)
- Start SIP
Canara Robeco Focused Equity Fund – Regular Plan (G)
Today’s value of ₹1000 SIP
-
3 year
1,564.50
(16.46%)
-
5 year
6,730.80
(18.51%)
- Start SIP
Mirae Asset Focused Fund – Regular Plan (G)
Today’s value of ₹1000 SIP
-
3 year
17,509.60
(12.28%)
-
5 year
61,185.40
(17.60%)
- Start SIP
Mirae Asset Money Market Fund – Direct Plan (G)
Today’s value of ₹1000 SIP
-
3 year
15,860.80
(6.73%)
-
5 year
15,860.80
(6.73%)
- Start SIP
Mirae Asset Money Market Fund – Regular Plan (G)
Today’s value of ₹1000 SIP
-
3 year
15,754.00
(6.36%)
-
5 year
15,754.00
(6.36%)
- Start SIP
Key Takeaways
- Systematic Investment Plans (SIPs) are an effective way to invest in mutual funds.
- Analyzing fund performance over 3- and 5-year periods can inform investment decisions.
- Variations in performance can significantly impact the value of investments over time.
- Consider starting a SIP in funds with strong historical performance.
- Keep track of market trends and fund management to optimize your investment strategy.
FAQ
What is a SIP?
A SIP, or Systematic Investment Plan, is a method of investing a fixed amount regularly in mutual funds.
Why should I invest in mutual funds?
Investing in mutual funds allows for diversified exposure to various asset classes with professional management.
How can I start a SIP?
You can start a SIP by selecting a mutual fund, determining the investment amount, and completing the necessary paperwork or online registration.
What are the benefits of using a SIP?
SIPs promote disciplined saving and investment, help average out market fluctuations, and generally require lower initial investment amounts.
In conclusion, investing in mutual funds through SIPs can be a beneficial strategy for long-term wealth growth. By carefully considering the past performance of various funds, investors can make informed choices that align with their financial goals.