Now that the new financial year has started and the markets and market-dwellers are working in full swing, it is time for you to pull-up your investment shoes and look for the best SIPs. God forbid, this is a tenacious task which keeps you clung to the screen or newspaper or television, etc. to keep a close eye on the ever-volatile market. Some basic keynotes to keep in mind while shortlisting the doable schemes can be performance especially long-term, risk profile, portfolio distribution, etc. apart from this initial homework, there is more to the workout to keep you working hard, timing the market at regular intervals and remembering that installment. to know more about SIP, read https://www.piggy.co.in/blog/what-is-a-sip/
SIP is the quick-fix to all this botheration. It allows you to make period investments automatically upon registration so that you need not time the market every now and then. A systematic investment plan is a method of investment which allows the investors to make investments of a fixed amount to their portfolio on regular intervals in a disciplined and systematic manner. The two excellent features offered by SIPs are Power of Compounding and Rupee Cost Averaging which add up to your gains and reduce the risk factor significantly in the long run. Read more at https://www.piggy.co.in/blog/power-of-compounding/
There are a number of tools available online to calculate your SIP in accordance with your financial goal. Try here https://www.piggy.co.in/calculators/sip-calculator/ .
Keeping in mind the aforesaid factors, Piggy is here with a list of top 10 SIPs to start this new financial year in order to create and build wealth;

1. BIRLA SUNLIFE FRONTLINE EQUITY
• Large cap fund
• High performance
• Returns= 19.7% (in past 3 years)
• Asset size= 13000 crores
• Crisil rating = 5

2. ICICI PRUDENTIAL TOP 100 FUND
• Large cap fund
• High Risk High Return
• Returns= 17% (in past 3 years)
• Asset size= 1400 crores
• Crisil rating = 4

3. KOTAK SELECT FOCUS FUND
• Large cap fund
• Moderate performance
• Expense ratio = 2% (which is quite low)
• Asset size= 6300 crores
• Crisil rating = 4

4. SBI BLUECHIP FUND
• Blue chip fund
• High performance
• Asset size= 8846 crores
• Crisil rating = 5

5. FRANKLIN INDIA PRIMA PLUS FUND
• Multi-cap fund
• High performance
• Asset size= 9200 crores
• Crisil rating = 4

6. FRANKLIN INDIA HIGH GROWTH COMPANIES FUND
• Multi-cap fund
• High performance
• Returns= 20-30% (in long-term)
• Asset size= 7639 crores
• Crisil rating = 3

7. UTI MNC FUND
• Multi-cap fund
• Moderate performance
• Asset size= 2057 crores
• Crisil rating = 5

8. ICICI PRUDENTIAL VALUE DISCOVERY FUND
• Diversified fund
• High performance
• Returns= 19.7% (in past 3 years)
• Asset size= 14979 crores
• Crisil rating = 3

9. DSP BALCK ROCK MICRO CAP FUND
• Mid-small cap fund
• Moderate performance
• Returns= 30% (in past 5 years)
• Asset size= 4910 crores
• Crisil rating = 5

10. FRANKLIN INDIA SMALLER COMPANIES FUND
• Mid-small cap fund
• High performance
• Asset size= 6777 crores
• Crisil rating = 3

Start Investing, Smart Investing!

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