Best SIP to Invest for 10 Years

Best SIP to Invest for 10 Years

SIP, a popular investment method that works more or less like a mutual fund, stands for Systematic Investment Plan. It allows you to invest a fixed amount of money at predetermined intervals. The fixed amount of money can be as low as Rs. 500, while the predetermined intervals can be on a weekly, fortnightly, monthly, semi-annually or annual basis. Your chosen mutual fund company handles the fund you invest in. A mutual fund company has a team of professional fund managers and market experts responsible for selecting, buying, and selling the securities according to the market conditions — and is none of your headaches. 

However, are SIPs reliable? What are the best SIP plans to invest in? How do I choose the best SIP plan for 10 years? These are the most prevailing questions people ask. Worry no more; your search and concerns end here. This comprehensive guide presents valuable insights, practical advice, and (almost) everything you need to know about choosing the best SIP plan for 10 years.

What are the Best SIPs to Invest in for 10 Years?

A wide range of SIP options are available in India today, such as equity, debt, hybrid, sectoral, thematic, etc. Each has its own pros and cons, depending on the market conditions, investment objectives, and risk factors. Hence, we have meticulously analysed over 100 SIP options and shortlisted the best SIP Plan for 10 years under four leading categories: Best Equity Fund, Best Debt Fund, Best International Fund, and Best Liquid Fund.

Best Equity Fund SIPs for 10 Years

Let us take a look at the list of best equity fund SIPs to invest in for the next 10 years:

Fund Name

1 Year Return

3 Year Return

5 Year Return

Min. SIP amount

AUM (in CR)

Quant Active Fund

15.80%

32.27%

20.48%

Rs 1,000

Rs 5,688.19

Parag Parikh Flexi Cap Fund

23.28%

22.19%

18.01%

Rs 1,000

Rs 40,760.38

SBI Technology Opportunities Fund

28.67%

34.64%

25.83%

Rs 500

Rs 3,216.30

Franklin India Technology Fund

36.75%

29.66%

21.33%

Rs 500

Rs 945.90

ICICI Prudential Technology Fund

24.19%

30.63%

23.02%

Rs 100

Rs 11,158.89

Mirae Asset Emerging Bluechip Fund

20.21%

20.37%

18.14%

Rs 1,000

Rs 28,439.28

Kotak Equity Opportunities Fund

21.36%

20.61%

16.67%

Rs 100

Rs 15,013.39

Canara Robeco Emerging Equities Fund

13.83%

18.54%

16.82%

Rs 1,000

Rs 17,939.37

Quant Large And Mid Cap Fund 

19.00%

25.98%

14.50%

Rs 1,000

Rs 1,032.93

Best Debt Fund SIPs for 10 Years

Let us take a look at the list of best debt fund SIPs to invest in for the next 10 years:

Fund Name

1 Year Return

3 Year Return

5 Year Return

Min. SIP amount

AUM (in CR)

ICICI Prudential All Seasons Bond Fund

7.96%

11.32%

9.93%

Rs 100

Rs 11,159.73 

SBI Magnum Medium Duration Fund

7.69%

9.97%

9.62%

Rs 500

Rs 7,113.36

Nippon India Gilt Securities Fund

7.29%

10.12%

8.96%

Rs 100

Rs 1,401.53

SBI Magnum Gilt Fund

8.13%

9.86%

8.77%

Rs 500

Rs 7,195.93

ICICI Pru Gilt Fund

8.53%

9.81%

8.74%

Rs 1,000

Rs 4,163.42

ICICI Prudential Long-Term Plan

6.65%

10.02%

8.67%

Rs 1,000

Rs 663.07

ICICI Prudential Corporate Bond Fund

7.71%

8.94%

8.54%

Rs 100

Rs 23,243.89

ICICI Prudential Banking and PSU Debt Fund

7.58%

8.88%

8.48%

Rs 100

Rs 8,337.97

SBI Dynamic Bond Fund

8.23%

10.01%

8.46%

Rs 500

Rs 3,015.57

ICICI Prudential Savings Fund

7.65%

8.65%

8.36%

Rs 100

Rs 21,999.88

Best International Fund SIPs for 10 Years

Let us take a look at the list of best international fund SIPs to invest in for the next 10 years:

Fund Name

1 Year Return

3 Year Return

5 Year Return

Min. SIP amount

AUM (in CR)

ICICI Prudential US Bluechip Equity Fund

27.58%

17.4%

15.71%

Rs 100

Rs 2,828.27

DSP US Flexible Equity Fund

19.99%

15.71%

14.54%

Rs 100

Rs 787.63

Invesco India - Invesco Global Equity Income FoF

9.18%

14.44%

13.01%

Rs 500

Rs 394.16 

Sundaram Global Brand Fund

29.01%

13.25%

12.38%

Rs 100

Rs 118.48

Edelweiss US Value Equity Offshore Fund

13.13%

13.45%

12.64%

Rs 100

Rs 93.48

DSP World Mining Fund

19.94%

16.15%

14.96%

Rs 100

Rs 178.21

Nippon India US Equity Opportunities Fund

21.22%

12.98%

11.99%

Rs 100

Rs 601.94

Invesco India - Invesco Pan European Equity FoF

32.95%

12.01%

10.85%

Rs 500

Rs 35.96

Best Liquid Fund SIPs for 10 Years

Let us take a look at the list of best liquid fund SIPs to invest in for the next 10 years:

Fund Name

1 Year Return

3 Year Return

5 Year Return

Min. SIP amount

AUM (in CR)

UTI Liquid Cash Plan - Direct Plan-Growth

6.91%

3.75%

6.38%

Rs 500

Rs 28,679.09

Canara Robeco Liquid Fund - Direct Plan-Growth

6.92%

3.75%

6.36%

Rs 1,000

Rs 3,230.48

DSP Liquidity Fund - Direct Plan-Growth

6.85%

3.71%

6.33%

Rs 100

Rs 13,498.82

WhiteOak Capital Liquid Fund - Direct Plan-Growth

6.71%

3.64%

6.09%

Rs 500

Rs 174.67

Franklin India Liquid Fund - Super Institutional - Direct-Growth

6.76%

3.70%

6.31%

Rs 500

Rs 1,842.01

Quantum Liquid Fund - Direct Plan-Growth

6.64%

3.60%

6.10%

Rs 500

Rs 602.91

Parag Parikh Liquid Fund - Direct Plan-Growth

6.46%

3.50%

5.96%

Rs 1,000

Rs 1,803.06

Motilal Oswal Liquid Fund - Direct Plan-Growth

6.44%

3.48%

5.91%

Rs 500

Rs 462,77

WhiteOak Capital Liquid Fund - Regular Plan-Growth

6.71%

3.58%

5.97%

Rs 500

Rs 174.67

Bandhan Liquid Fund - Direct Plan-Growth

6.89%

3.74%

6.35%

Rs 100

Rs 14,622.43

What are the Benefits of Investing in SIP for 10 Years in India?

The following are the key benefits of investing in SIP for 10 years:

  • Enforcing Disciplined Saving: When you decide to invest via SIP for a long time, instils a commitment to save regularly, fostering a habit of consistent investment. Hence, each SIP instalment represents a significant step towards achieving your financial objectives. 
  • Flexibility: You can start, stop, or modify your SIP investments anytime. You can also decrease or increase the amount of money as per your financial condition. 
  • Convenience: You can start SIP either online or offline. Besides, you require no large lump-sum amount to start SIP; you just require as little as RS. 500 only. 
  • Rupee Cost Averaging: With SIP, investors buy more units when prices are lower and fewer units when prices are higher. This strategy, known as rupee cost averaging, helps reduce the impact of market volatility on investments.
  • Power of Compounding: Over time, compounding helps grow the investment by reinvesting the returns, leading to potentially significant wealth accumulation.
  • Professional Management: The money you invest via SIPs is managed by professional fund managers and market experts trained and well-aware of how to effectively make your money work for you. By doing so, you do not need to scrutinize or be concerned about the market and its condition.
  • Tax Evasion: SIP investments in certain funds qualify for deduction from taxable income under Section 80C of the Income Tax Act. 

How Do I Choose the Right SIP Plan For My Investment Goals?

Here are the steps you can follow in choosing the right SIP plan for your investment goals:

  • Past performance: Check the past performance of multiple SIP plans, which prevailed in the current market.
  • Expensive ratio: The expense ratio refers to the yearly fee that fund houses (SIP companies) charge from investors. By doing so, compare various expense ratios from different fund houses and choose the most cost-effective one.
  • Fund manager: Conduct research regarding the representatives standing behind the fund house. 
  • Tax implications: Check the tax implications of your investments and choose a SIP plan that offers tax benefits or minimal tax liability. 
  • Investment amount: When determining an investment amount, it is important to consider your monthly income, expenses, and other financial commitments. 
  • Investment horizon: The investment horizon represents the duration of your investment. And choose your investment horizon wisely as it is perfectly aligned with your financial objectives.

What is the Minimum Investment Amount Required for a 10-Year Sip Plan in India?

The minimum investment amount required for a 10-year SIP plan in India depends on your chosen SIP plan and the mutual fund company that manages your fund. However, most SIP plans promote a minimum investment amount of Rs. 500 per month. Certain SIP plans go a step further by offering a monthly investment option as low as Rs. 100. Moreover, there is no upper limit for the SIP investment; you can invest as much as you wish as per your financial objectives.

Frequently Asked Questions (FAQs)

Which type of SIP is best for 10 years?

Equity Fund SIP is considered the best for 10 years, as it offers higher returns than other types of mutual funds.

Can we invest in SIP for 10 years?

Yes, you can invest in SIP for 10 years. However, before investing, it is prudent to conduct extensive research and seek financial guidance to find the best option that perfectly aligns with your financial objectives.

What if I invest 25000 a month in SIP for 10 years?

If you invest Rs. 25,000 per month in SIP for 10 years, the final outcome will depend on your chosen SIP plan and its rate of return. However, by availing of the SIP calculator, you can find the exact value you expect to receive at the end of the ten years.

Which SIP gives a 15% return?

Here are some of the best annual return SIP plans available in the market: Quant Active Fund (20.06% annual return), Parag Parikh Flexi Cap Fund (18.35% annual return), SBI Technology Opportunities Fund (17.43% annual return), Franklin India Technology Fund (20.2% annual return), and ICICI Prudential Technology Fund (19.88% annual return).

How to get 50 lakhs in 5 years with SIP?

To get 50 lakhs in 5 years with SIP, you need to invest a certain amount of money every month in a mutual fund scheme that offers a high rate of return. Namely, the exact amount you can receive depends on the rate of return and the frequency of your investment.

Which SIP has the highest return?

Currently, Nippon India Small Cap Fund is the highest return SIP.  It has given an annualized return of 64.86% over the last 3 years.

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