10 Best SIP Plans for 15 years in India to Invest in 2023
Last Updated: 11th April 2023 - 01:31 pm
Investing in the best SIP plan for 15 years is a smart decision that can provide you with financial stability and security in the long run. In India, there are numerous SIP plans to choose from, but selecting the right one can be overwhelming. Therefore, we have researched and compiled a list of the 10 best SIP plans for 15 years in India to invest in 2023.
When it comes to investing, choosing the right plan is crucial, and a systematic investment plan (SIP) is one of the best ways to go about it. It offers a disciplined approach to investing, where you can invest a fixed amount at regular intervals to build wealth over time. It is an ideal option for individuals who want to invest for a longer period, such as 15 years, as it helps in averaging out the cost of investment and reduces the risk of market fluctuations.
The best SIP plans for 15 years in India offer a variety of benefits, including high returns, low costs, and flexibility. They cater to different investment goals, risk profiles, and investment horizons. Therefore, it is essential to choose the one that aligns with your investment objectives and risk appetite.
As we delve into the list of the 10 best SIP plans for 15 years in India to invest in 2023, you will find that they have consistently outperformed their peers and delivered impressive returns over the years. These SIP plans are managed by some of the top-rated fund managers in the country and have a proven track record of generating wealth for investors.
So, whether you are a novice or an experienced investor, the best SIP plan for 15 years can be a game-changer in achieving your financial goals. It can help you build a corpus for your child's education, plan for your retirement, or fulfil any other long-term financial objective. With the power of compounding, a small investment today can grow into a substantial sum in the future.
Therefore, without further ado, let's dive into the list of the 10 best SIP plans for 15 years in India to invest in 2023. These SIP plans have been handpicked based on their performance, consistency, and reliability, making them an excellent option for anyone looking to invest in the long run. Remember, choosing the right SIP plan can be a life-changing decision, so make sure you do your research before investing.
10 Best SIP Plan for 15 Years in India 2023
Funds |
15-Year SIP Return (%)* |
ICICI Prudential Technology Fund |
19.74 |
DSP Small Cap Fund |
19.49 |
Canara Robeco Emerging Equities Fund |
18.49 |
HDFC Mid-Cap Opportunities Fund |
18.08 |
Franklin India Smaller Companies Fund |
18.00 |
SBI Consumption Opportunities Fund |
17.95 |
Kotak Small Cap Fund |
17.90 |
Edelweiss Mid Cap Fund |
17.78 |
SBI Technology Opportunities Fund |
17.74 |
Kotak Emerging Equity Fund |
17.58 |
* As on April 10, 2023 |
(The returns in the above table are subject to market risks and do not represent any kind of chronological sequence. Please exercise caution before investing.)
Best SIP Plans to Invest for 15 Years
Axis Bluechip Fund
AUM (March 2023): Rs 32,615 crore
NAV (April 10, 2023): Rs 47.43
Expense Ratio (March 2023): 0.63%
Minimum SIP Investment: Rs 100
Category of Fund: Large Cap
Risk: Moderately High
Annualised Returns 1 Year: -6.03%
Annualised Returns 3 Year: 17.12%
Annualised Returns 5 Year: 11.75%
Axis Bluechip Fund is another top-performing SIP plan that invests in a portfolio of blue-chip companies with strong fundamentals and growth potential. The fund is managed by experienced fund managers who follow a research-driven approach to investing. With an AUM of Rs 32,615 crore, this SIP plan is one of the best options for anyone looking to invest in a large-cap fund for 15 years.
ICICI Prudential Bluechip Fund
AUM (March 2023): Rs 34,679 crore
NAV (April 10, 2023): Rs 74.29
Expense Ratio (March 2023): 1.06%
Minimum SIP Investment: Rs 100
Category of Fund: Large Cap
Risk: Moderately High
Annualised Returns 1 Year: 2.88%
Annualised Returns 3 Year: 27.17%
Annualised Returns 5 Year: 12.22%
ICICI Prudential Bluechip Fund is a well-known SIP plan that invests in a portfolio of large-cap companies with a proven track record of generating wealth for investors. The fund is managed by experienced fund managers who follow a research-driven approach to investing. With an AUM of Rs 34,679 crore, this SIP plan is an excellent option for anyone looking to invest in a large-cap fund for 15 years.
HDFC Small Cap Fund
AUM(March 2023): Rs 14,963 crore
NAV (April 10, 2023): Rs 90.21
Expense Ratio (March 2023): 0.8%
Minimum SIP Investment: Rs 100
Category of Fund: Small Cap
Risk: High
Annualised Returns 1 Year: 8.68%
Annualised Returns 3 Year: 45.18%
Annualised Returns 5 Year: 13.17%
HDFC Small Cap Fund is a high-risk, high-reward SIP plan that invests in a portfolio of small-cap companies with growth potential. The fund is managed by experienced fund managers who follow a research-driven approach to investing. With an AUM of Rs 14,963 crores, this SIP plan is an excellent option for anyone looking to invest in a small-cap fund for 15 years.
Kotak Flexi Cap Fund
AUM (March 2023): Rs 35,775 crore
NAV (April 10, 2023): Rs 59.05
Expense Ratio (March 2023): 0.68%
Minimum SIP Investment: Rs 500
Category of Fund: Flexi Cap
Risk: Moderately High
Annualised Returns 1 Year: 1.11%
Annualised Returns 3 Year: 24.63%
Annualised Returns 5 Year: 11.25%
Kotak Flexi Cap Fund is a diversified SIP plan that invests in a portfolio of companies across different market capitalisations and sectors. The fund is managed by experienced fund managers who follow a research-driven approach to investing. With an AUM of Rs 35,775 crore, this SIP plan is an excellent option for anyone looking to invest in a flexi-cap fund for 15 years.
Mirae Asset Emerging Bluechip Fund
AUM (March 2023): Rs 23,394 crore
NAV (April 10, 2023): Rs 103.37
Expense Ratio (March 2023): 0.61%
Minimum SIP Investment: Rs 1,000
Category of Fund: Large & Mid Cap
Risk: Moderately High
Annualised Returns 1 Year: -3.06%
Annualised Returns 3 Year: 20.02%
Annualised Returns 5 Year: 14.73%
Mirae Asset Emerging Bluechip Fund is a large and mid-cap SIP plan that predominantly invests in a portfolio of large-cap and mid-cap companies. The fund is managed by experienced fund managers who follow a research-driven approach to investing. With an AUM of Rs 23,394 crore, this SIP plan is an excellent option for anyone looking to invest in a large and mid-cap fund for 15 years.
Conclusion
In conclusion, investing in SIP plans can be an excellent way to build long-term wealth in a disciplined and systematic manner. With the plethora of options available in the market, it's crucial to do your research and choose the best SIP plan that aligns with your financial goals, risk appetite, and investment horizon.
This post offers a diverse range of investment options, from equity-based funds to hybrid funds, catering to different investment styles and objectives. By investing in these SIP plans, you can potentially earn high returns while minimising risks and staying invested for the long haul.
However, it is essential to remember that investing in SIP plans requires patience, persistence, and a long-term investment horizon. By staying committed to your investment plan and making regular contributions, you can harness the power of compounding and build a significant corpus over time.
So, if you're looking to invest your hard-earned money in a reliable and proven investment avenue, the 10 Best SIP Plans for 15 years in India listed in this post are a great place to start. With their track record of consistent returns, professional management, and robust investment strategies, these SIP plans can help you achieve your financial goals and secure a bright financial future.
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