5 SIPs that made good fortune for equity mutual fund investors

financialexpress.com:

Systematic Investment Plans (SIPs) have become synonymous with mutual funds, particularly equity mutual funds. These plans allow investors to invest a certain sum regularly, usually at the beginning of each month, which helps develop a financial discipline and avoid market timing.

Despite market volatility, SIP investments have proven to be profitable for investors in the last year, with some equity mutual fund schemes offering returns above 20%. However, it is important to consider the performance of equity schemes over a longer period before making investment decisions.

One of the best SIP plans for the next five years is the Nippon India Large Cap Fund. This fund is a well-established large cap fund that has shown promising returns over the years. According to the data, the fund has delivered a 3-year return of 30.11%, which is quite impressive. It has also managed to maintain a substantial fund size of INR 14,171Crs, indicating its popularity among investors. The fund primarily focuses on large-cap companies, which are known for their stability and growth potential.

Looking at the past performance of Nippon India Large Cap Fund, it has generated impressive returns. With a CAGR return of 30.64% in the last year and 12% since inception, the fund has consistently outperformed its peers. Overall, Nippon India Large Cap Fund has a strong track record and has delivered attractive returns to its investors.

Also Read: Mutual Fund Investment: 7 things you must know before investing in an SIP

Mirae Asset Emerging Bluechip Fund is an open-ended equity scheme that aims to generate income and capital appreciation from a diversified portfolio of Indian equities. The fund follows a growth-oriented investment style and primarily