Start Your SIP Today: Best SIP Mutual Fund for Investment in December 2024
SIP, known as a Systematic Investment Plan, is one of the smartest ways to invest in mutual funds and build up long-term wealth. Through SIP, you can invest a fixed amount regularly. Several mutual fund investors, especially inexperienced investors who are not sure about which fund to choose, keep searching for a ready-made portfolio of mutual funds to attain long-term goals.
List of Top SIP Mutual Funds in December 2024
- Canara Robeco Bluechip Equity Fund
- Parag Parikh Flexi Cap Fund
- ICICI Prudential Regular Saving Fund
- UTI Flexi Cap Fund
- Mirae Asset Large Cap Fund
- Axis Bluechip Fund
- Kotak Bluechip Fund
The best mutual fund SIP portfolios have three different individual risk profiles: conservative, moderate, and aggressive.
The three SIP baskets are between the range of Rs. 2,000 to Rs. 5,000, Rs. 5,000 and Rs. 10,000, and above Rs. 10,000.
Investors can invest 65% in the Canara Robeco Bluechip Equity Fund and the remaining 35% in the ICICI Prudential Regular Savings Fund.
Both funds give SIP options within the range of Rs. 2,000 to Rs. 5,000.
The Canara Robeco Bluechip Equity Fund, which is a large-cap equity fund, allows investors to invest 40% in the Canara Robeco Bluechip Equity Fund, 25% in the Parag Parikh Flexi Cap Fund/UTI Flexi Cap Fund, and the remaining 35% in the ICICI Prudential Regular Savings Fund.
Both funds give SIP options within the range of Rs. 5,000 to Rs. 10,000.
Investors can invest 25% in Canara Robeco Bluechip Equity Fund, 15% in Mirae Asset Large Cap Fund/Axis Bluechip Fund, 25% in Parag Parikh Flexi Cap Fund/Canara Robeco Flexi Cap Fund, and 35% in ICICI Prudential Regular Savings Fund. This plan is best for investments over Rs. 10,000.
