Which SIP is best for 2 years?

  • ICICI Prudential Ultra Short Term Fund.
  • Aditya Birla Sun Life Savings Fund.
  • Nippon India Ultra Short Duration Fund.
  • IDBI Ultra Short Term Fund.
  • UTI Ultra Short Term Fund.
  • Indiabulls Ultra Short Term Fund.
  • Kotak Savings Fund.
  • BOI AXA Ultra Short Duration Fund.
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    Keeping this in consideration, which SIP is best in India?

    The table below shows the best equity funds:

    Fund 3-Year Performance Link
    ICICI Prudential Technology Fund – Direct Plan – Growth 23.77 % Invest Now
    SBI Small Cap Fund – Direct Plan – Growth 23.71 % Invest Now
    DSP World Mining Fund – Direct Plan – Growth 23.46 % Invest Now
    TATA Digital India Fund DIRECT Plan Growth 23.45 % Invest Now
    Similarly, is Rd or sip better? SIP is better option than RDs when talked about liquidity. You can close SIP and withdraw money without paying any penalty. RD is a liquid scheme but you can go for premature withdrawals. In case of closure you might have to pay penalty charges.

    Moreover, how do I become a sip advisor?

    How to become a mutual fund advisor

    1. Step 1- Registering for the NISM Exam. …
    2. Step 2- Passing the NISM mutual fund distributor examination. …
    3. Step 3 – Obtaining the ARN from AMFI. …
    4. Step 4 – Registering with Distributors or AMCs.

    Which SIP is best for 5 years?

    Best SIP Plans for 5 Years in Equity Funds

    • Axis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance. …
    • ICICI Prudential Blue chip Fund. …
    • SBI Blue chip Fund. …
    • Mirae Asset Large Cap Fund. …
    • SBI Multicap Fund.

    Which SIP is best for 1 year?

    Top 10 Best SIP plans for 1 year-

    Investment Returns in 3 Months Returns in 1 Year
    ICICI Prudential Ultra Short Term Fund 1.2% 7.7%
    India Bulls Ultra Short Term Fund 1.2% 6.8%
    Kotak Savings Fund 1.1% 6.9%
    BOI AXA Ultra Short Duration Fund 1% 6.7%

    Which SIP should I invest in 2020?

    • Axis Focused 25 Fund. This is an open-ended equity fund, which aims to generate long term capital appreciation by making the investment in equity and equity-related securities. …
    • DSP Equity Fund. …
    • ICICI Prudential Bluechip Fund. …
    • Axis Bluechip Fund. …
    • HDFC Balance Advantage Fund. …
    • TATA India Consumer Fund.

    Is SIP tax free?

    Every SIP instalment into an SIP counts towards tax deductions under Section 80C. You can claim a tax rebate of up to Rs 1,50,000 and save up to Rs 46,800 a year in taxes.

    Is SIP safe?

    Is SIP safe or not? SIP is a very safe method to invest in mutual funds. If you invest in a mutual fund lump sum, depending on the market condition, you could end up paying a very high price for a mutual fund. To avoid this, you should invest in mutual funds when the markets are not overvalued.

    Can I lose money in SIP?

    SIPs have losses

    But as the market keeps falling and you continue to invest your average cost fall. You will be buying more units at a lesser cost. The primary advantage of SIP is to lower the average cost of buying mutual funds. SIPs work well in a falling market condition or volatile markets.

    Is rd a good investment?

    Investing in an RD scheme is a great option for salaried people as they do not have to invest a lump sum amount at one time as is the case in Fixed Deposits. … People with low income can also start investing in the RD scheme as the minimum amount to be invested is as low as Rs. 1000 per month.

    Which SIP plan is best?

    Top SIP Mutual Funds in India

    SIP Plans Type 5 Year
    HDFC Mid Cap Opportunities Fund Equity Fund 26.00%
    HDFC Prudence Fund(G) Balanced Fund 16.56%
    HDFC Small Cap Fund Equity Fund 24.31%
    ICICI Prudential Balanced Advantage Fund Balanced Fund 14.39%

    How do mutual fund advisors get paid?

    This commission structure range from 0.5% to 1% based on the mutual fund companies and products.it is paid from your total net worth of asset under management. … 5 Crores and the trail commission is 0.5 %, the company will be paying an agent Rs 25,0000 annually, the amount coming from the investor’s money.

    How much commission do mutual fund agents get?

    Your mutual fund agent will receive it whenever you invest newly. This commission varies from product to product, high in ELSS funds (around 4.5% to 1%), equity schemes (around 0.5% to 2.5%) and low in debt funds (around 0.2% to 0.8%).

    Which broker is best for mutual funds?

    Zerodha

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