Best SIP Plans – Top SIP Mutual Funds To Invest in 2023

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Mutual Funds To Invest In India

in this blog, we have details comprised a list of the best performing mutual funds of all time and Best Mutual Funds for SIP 2023:

SBI Contra Fund :

  • SBI Contra Fund was launched on May 09, 2005.
  • Equity type of SBI contra fund is contra.
  • SBI Contra Fund is one of the best SIP Mutual Funds, whose equity type is Contra. Under SBI Contra Fund, investments are made in such companies, which are performing under pressure  at that time.
  • In simple language, they  Companies which can do good growth in future. Hence SBI Contra Fund gives very good returns for long term investment.

Now let us know that what is the current fund size, current NAV and expense ratio of SBI Contra Fund?

The Current Fund Size₹10,564,98 cr
The Current NAV₹ 247.17
The Current expenses ratio1.88%
current fund size, current NAV and expense ratio of SBI Contra Fun

Now let us see, what is the percentage of returns that SBI Contra Fund has given in the last years?

YearsAverage Returns rate of SBI Contra Fund
Last 3 Years Average40.84%
Last 5 Year Average 16.97%
 Since launch to till18.87%
Percentage of returns that SBI Contra Fund has given

Assets allocation of the portfolio of SBI Contra Fund :
Market cap Allocation:

Market cap % of Allocation
Giant cap 47.50%
Large cap 20.85%
Mid cap 22.78%
Small cap 8.85%
Market cap Allocation of SBI Contra Fund

 Sector Allocation:

Sector % of Allocation
Financial  21.69%
Energy  16.97%
Healthcare  7.12%
Technology  6.97%
Consumer Staples  6.02%
Others  41.23%
Sector Allocation of SBI Contra Fund

what is the minimum investment amount in SBI Contra Fund?

  • The minimum investment amount of SIP under SBI Contra Fund remains ₹ 500.
  • The minimum lumpsum investment amount under SBI Contra Fund is ₹ 5000.

what is the exit load for selling the units of SBI Contra Fund?

  • If you sell the units of SBI Contra Fund within 1 year, then you have to pay 1% exit load( penalty) .
  • If you sell the units of SBI Contra Fund after 1 year, then you do not have to pay any exit load ( penalty) .

Now you must have understood from the calculation of sip and lumpsum amount of SBI Contra Fund that SBI Contra Fund is the best SIP contra fund.
Let us now compare the returns from SIP of SBI Contra Fund and Fixed Deposit

ICICI Prudential Value Discovery Fund :

What is ICICI Prudential Value Discovery Fund ? 

  • ICICI Prudential Value Discovery Fund was launched on August 16, 2004.
  • Equity type of ICICI Prudential Value Discovery Fund is value.
  • ICICI Prudential Value Discovery Fund is the second best SIP value discovery fund. ICICI Prudential Value Discovery Fund was launched on August 16, 2004.
  • Its equity type value, ICICI Prudential Value Discovery Fund invests in companies with high valuations, due to which you get good returns in it.

What is the current fund size, current NAV and  current expense ratio of ICICI Prudential Value Discovery Fund?

The Current Fund Size  ₹29,319,23 cr
The Current NAV  ₹ 291.26
The Current expenses ratio  1.68%
current fund size, current NAV and  current expense ratio of ICICI Prudential Value Discovery Fund

Now let us see, what is the percentage of returns that ICICI Prudential Value Discovery Fund has given in the last years?

YearsAverage Returns rate of ICICI Prudential Value Discovery Fund
Last 3 Year 29.77%
Last 5 Year 15.06%
 Since launch to till19.61%
percentage of returns that ICICI Prudential Value Discovery Fund has given

Portfolio of ICICI Prudential Value Discovery Fund : Assets Allocation

  1. Market cap Allocation:
Market cap % of Allocation
Giant cap47.50%
Large cap20.85%
Mid cap8.85%
Small cap22.73%
Tiny cap0.06%
Market cap Allocation of ICICI Prudential Value Discovery Fund
  1. Sector Allocation:
Sector% of Allocation
Financial21.95%
Energy18.28%
Healthcare12.76%
Technology8.26%
Communication7.42%
Others31.33%
Sector Allocation of ICICI Prudential Value Discovery Fund

what is the minimum investment amount in ICICI Prudential Value Discovery Fund?

  • The minimum investment amount for SIP under ICICI Prudential Value Discovery Fund is ₹100.
  • The minimum lumpsum investment amount under ICICI Prudential Value Discovery Fund is ₹1000.

what is the exit load for selling the units of ICICI Prudential Value Discovery Fund?

  • If you sell the units of ICICI Prudential Value Discovery Fund within 1 year, then you have to pay 1% exit load.
  • If you sell the units of ICICI Prudential Value Discovery Fund after 1 year, then you do not have to pay any exit load.

Quant flexi cap fund :

  • Quant flexi cap fund, being the best sip fund, is a flexi cap fund giving good returns, which was launched on October 15, 2008.
  • You must have understood by the name of Quant flexi cap fund, that it is a flexi cap fund in which there is no restriction on market cap, that is why we get diversity in its portfolio.
  • Where there is a restriction of 25:25:25 in large cap, 65% in mid cap, there is no restriction in Quant flexi cap fund as per SEBI instructions.

what is the current fund size, current NAV and expense ratio of Quant flexi cap fund?

The  Current Fund Size₹1,448.51cr
The Current NAV₹ 64.13
The Current expenses ratio 2.33%

what is the percentage of returns that Quant flexi cap fund has given in the last years?

YearsAverage Return rate of Quant flexi cap fund
Last 3 years 39.53%
Last 5 years 19.32%
Since launch to till13.52%
percentage of returns that Quant flexi cap fund has given

What is the Assets allocation in portfolio of Quant flexi cap fund  :

  1. Market cap Allocation :
Market cap % of Allocation
Giant cap53%
Large cap21.33%
Mid cap21.67%
Small Cap3.98%
Tiny cap0.01%
Market cap Allocation of Quant flexi cap fund
  1. Sector Allocation :
Sector % of Allocation
Financial19.10%
Construction15.32%
Energy13.72%
Consumer Staples6.58%
Metal & Mining6.29%
Others38.99%
Sector Allocation of Quant flexi cap fund

what is the minimum investment amount in Quant flexi cap fund?

  • The minimum investment amount of SIP under Quant flexi cap fund remains ₹ 1000.
  • The minimum lumpsum investment amount under Quant flexi cap fund is ₹ 5000.

what is the exit load for selling the units of Quant flexi cap fund?

  • No exit load has to be paid even if the units of Quant flexi cap fund are sold at any time, there is no time limit for selling units in Quant flexi cap fund.
Mutual Funds To Invest
Mutual Funds To Invest In India

    PGIM India Midcap Opportunities Fund :

    What is PGIM India Midcap Opportunities Fund?

    • PGIM India Midcap Opportunities Fund Was launched on 2 October 2013.
    • Equity type of PGIM India Midcap Opportunities Fund is Mad cap.
    • PGIM India Midcap Opportunities Fund is also a mid cap fund with best SIP.
    • PGIM India Midcap Opportunities Fund invests in mid cap companies, that means PGIM India Midcap Opportunities Fund invests in companies ranked from 100 to 251,which provide us very good returns.

    What is the current size, current NAV and expense ratio of PGIM India Midcap Opportunities Fund?

    The Current Fund Size₹ 8,549.05 cr
    The Current NAV₹ 45.04
    The Current expenses ratio1.74%
    current size, current NAV and expense ratio of PGIM India Midcap Opportunities Fund

    What is the percentage of returns that PGIM India Midcap Opportunities Fund has given in the last years?

    YearsAverage Returns rate of PGIM India Midcap Opportunities Fund
    Last 3 Years 37.09%
    Last 5 Years17.12%
     Return since launch to till17.12%
    percentage of returns that PGIM India Midcap Opportunities Fund has given

    Assets Allocation of the portfolio of PGIM India Midcap Opportunities Fund:

    1. Market cap Allocation:
    Market cap% of Allocation
    Giant cap3.91%
    Large cap15.46%
    Mid cap73.76%
    Small Cap6.87%
    Tiny cap0.01%
    Market cap Allocation of PGIM India Midcap Opportunities Fund
    1. Sector Allocation:
    Sector% of Allocation
    Financial17.33%
    Automobile13.43%
    Capital goods10.46%
    Service9.75%
    Chemical9.23%
    Others39.80%
    Sector Allocation of PGIM India Midcap Opportunities Fund

    What is the minimum investment amount in PGIM India Midcap Opportunities Fund?

    • The minimum investment amount of SIP under PGIM India Midcap Opportunities Fund remains ₹ 1000.
    • The minimum lumpsum investment amount under PGIM India Midcap Opportunities Fund is ₹ 5000.

    what is the exit load for selling the units of PGIM India Midcap Opportunities Fund?

    1. If you sell the units of PGIM India Midcap Opportunities Fund within 90 days, then you have to pay 0.5% exit load.

    Parag Parikh Flexi Cap Fund :

    What is Parag Parikh flexi cap fund?

    • Parag Parikh flexi cap fund was launched on 28 may 2013.
    • Equity type of Parag Parikh flexi cap fund is flexi cap.
    • Parag Parikh flexi cap fund is one of the best sip investing flexi cap fund, Parag Parikh flexi cap fund, being a flexi cap fund, we get to see diversity in its portfolio, because as per SEBI instructions on flexi cap fund any kind  There is no restriction, so it can invest in any company.
    • Due to this diversification, parag parikh flexi cap fund gives very good returns.

    What is the current fund size, current NAV and expense ratio of Parag Parikh flexi cap fund?

    The Current fund size₹33,615.95 cr
    The current NAV₹ 53.98
    The current expenses ratio 1.52%
    current NAV and expense ratio of Parag Parikh flexi cap fund

    What is the percentage of returns that Parag Parikh flexi cap fund has given in the last years?

    YearsAverage Return rate of Parag Parikh flexi cap fund
    last 3 years27.14%
    last 5 years17.73%
     Since launch to till18.29%
    Percentage of returns that Parag Parikh flexi cap fund has given

    Assets Allocation of the portfolio of Parag Parikh flexi cap fund:

    1. Market cap Allocation:
    Market cap% of Allocation        
    Giant cap53%
    Large cap21.33%
    Mid cap21.67%
    Small cap3.98%
    Tiny cap0.01
    Market cap Allocation of Parag Parikh Flexi Cap Fund
    1. Sector Allocation:
    Sector % of Allocation
    Financial29.61%
    Service16.16%
    Technology12.41%
    Consumer Staples7.52%
    Automobile4.50%
    Others29.80%
    Sector Allocation of Parag Parikh Flexi Cap Fund

    What is the minimum investment amount in Parag Parikh flexi cap fund?

    • The minimum investment amount of SIP under Parag Parikh flexi cap fund remains ₹ 1000.
    • The minimum lumpsum investment amount under Parag Parikh flexi cap fund is ₹ 1000.

    what is the exit load for selling the units of Parag Parikh flexi cap fund?

    • If you sell 10% of the total investment units of Parag Parikh flexi cap fund within 365 days (1 year), then you have to pay 2% exit load.
    • If units are sold after 365 days and between 730 days, then you will have to pay 1% exit load.

    What is the minimum sip for SBI contra fund?

    ₹500 is the minimum sip for SBI contra fund.

    What is the NAV value of SBI Contra Fund today?

    ₹ 247.17 is the current NAV (net asset value) of SBI contra fund.

    What is net asset value of Parag Parikh flexi cap fund safe?

    ₹ 53.98 is net asset value of Parag Parikh flexi cap fund safe

    What is fund size of ICICI Prudential Value Discovery Fund

    ₹29,319,23 cr is fund size of ICICI Prudential Value Discovery Fund.

    How safe is SBI Contra Fund?

    SBI contra fund has high risk because this fund invests total 31.63 % in mid cap and small cap.  Startup companies and developing companies come under mid cap and small cap, in which there is a risk of stock falling.

    What is the NAV of Parag Parikh Flexi Cap Fund today?

    The NAV of Parag Parikh Flexi Cap Fund Direct Growth is ₹60.06 as of 07 Jul 2023.

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