Best performing mutual funds last 6 months

You can invest in multiple SIPs to diversify your investments and optimise the returns.

To reap good returns on your investments, choose a plan on a long-term basis.

Complete the process and start investing.

All mutual fund investments require investors to complete the KYC documentation process along with other formalities like submission of cheques and forms.

Once you have done that, you will be able to figure out which plan to invest in through an SIP.

Research the mutual fund market and check which funds have performed well over the past years.

Determine how much amount you wish to invest monthly/quarterly through SIP in order to fulfill your goals.

Make a list of your goals and calculate the amount of saving you need to do to achieve your goals.

To derive maximum benefits from an SIP, ensure that you do the following: This will ensure that irrespective of the market volatility, you will be able to enjoy good returns. Over time, even if there have been highs and lows, the performance of the fund will even out.

Eliminates the need for timing the market - Since SIPs are regular investments, you do not have to worry about if the market is performing good or bad.

This fund can be used to meet any contingencies such as job loss, accidents, illnesses, etc.

Funds can be used for emergencies - An SIP offers a one-click withdrawal option where you can withdraw the amount anytime you want.

So, there is no way that you would miss out on making the payments. An SIP eliminates this by automating the payments which means that every month, a predetermined amount will automatically be deducted from your bank account.

Automated Payments - Even if you are someone who is regular when it comes to making investments, you may sometimes miss out on making the payments.

Such a low amount will not burden your budget and over a period of time, this amount will grow to fetch you substantial returns.

Is not heavy on the wallet - Investment made through an SIP can be as low as Rs.500.

As a result, the investor will be able to accumulate a large corpus and achieve long-term financial goals by investing small but at regular intervals.

Power of Compounding - According to the principle of compound interest, any small amount of money when invested for a longer period of time can get compounded and fetch you good returns.

SIPs give regular investors the chance to garner more shares at low prices than investors who invest a large sum of money at once. The equity market being volatile in nature will enable the investor to purchase more units when the price of shares are low and lesser units when the shares are priced higher.

Rupee Cost Averaging - SIPs can aid in averaging the cost return ratio.

WeвЂ™ve listed the most important ones, below: Besides this, an SIP offers many other benefits. It enables the investor to build wealth over a long-term. Saving small and regularly is the philosophy that an SIP revolves around. One of the prime reasons why you should invest in an SIP is because it brings a sense of discipline in your investments and cultivates regular saving habits.

'As of August 2017, ICICI Prudential Mutual Fund is the fund with the most amount of money under management with an AUM of Rs.227,989 crore.'

The top performing funds in this category are given below: Reliance Reg Savings Fund вЂ“ Equity Option (G)Д®quity-Linked Savings Schemes is an equity-centric mutual fund that can help the investor save tax as well as build wealth. Below are the best performing funds in this segment: Investors with high risk appetite and wanting to grow their investments at a fast pace should invest in these kinds of schemes. Mid-cap schemes invest in companies that have a market capitalisation ranging between Rs.500 crore to Rs.10,000 crore. WhatвЂ™s more, you can take advantage of two powerful investment strategies: Power of Compounding and Rupee Cost Averaging. There is also a disciplined approach to investments.

When you go for an SIP for your investing needs, there is no need to time the market. An important aspect of an SIP is the fact that maintaining it is hassle-free your money will be auto-debited from your bank account each month and will also be invested into a mutual fund scheme of your choice. The saying вЂthe early bird catches the wormвЂ™ holds true for an SIP, as you can benefit greatly from starting early. One of the biggest advantages of this plan is that it inculcates the habit of saving in the user so that they can start to build a respectable fund for the future. One can invest a particular prearranged amount at regular intervals that are chosen beforehand (quarterly, monthly, weekly, etc.). It permits one to purchase units on a particular date every month in order to implement a saving plan. An SIP (Systematic Investment Plan) is a smart, hassle-free method of investing a fixed sum in a mutual fund scheme.

Best performing mutual funds last 6 months