Top 10 Best SIP Mutual Funds to Invest in 2017

Top 10 Best SIP Mutual Funds to invest in 2017 in IndiaTop 10 Best SIP Mutual Funds to Invest in 2017


In a few months, we are going to end 2016 year. I have been recommending Top 10 Best Mutual funds to be invested through SIP every year. There are new additions based on the latest trends. Some of the top SIP mutual funds recommended by me in the last few years gave as high as 30% annualized returns. Now its turn to look at Top 10 Best SIP Mutual Funds to invest in 2017. These top 10 mutual funds are filtered based on several key parameters and one can make it as a standard portfolio and invest in these funds. It is suitable for high risk and moderate risk investor.  Let us jump into our Best SIP Mutual Funds to invest in 2017 now.

Also Read: How to get superior returns from Systematic Investment Plans (SIP) in Mutual funds?

How I filtered Top 10 Best SIP Mutual Funds to Invest in 2017?


These top 10 mutual funds to invest in India have been filtered, analyzed and shortlisted based on several key statistics.

  • These mutual funds are picked based on highest returns received in the last 5 years, including the years where there was a downturn in stock markets.
  • Mutual funds that are rated by Crisil as Rank-1, Rank-2, Rank-3 and Rank-4 are picked for these top funds list which indicates consistent performance in all market cycles.
  • Value research Online (VRO) rated these funds as 5 star and 4 star. Highest star rating indicates that these funds can perform well compared to its peers in various stock market cycles.
  • Filtered based on Mutual fund AUM (Assets under management) which has > 100 Crores. This refers that more and more investors are investing in such funds create investor confidence about the fund.
  • Some of the funds would be a repetition from my earlier recommendations as they continue to perform well.

List of Top 10 Best SIP Mutual Funds to Invest in 2017


Top#1: Birla Sun Life Frontline Equity Fund


Birla SL Frontline equity Fund-best sip mutual funds to invest in 2017Fund Objective: This mutual fund scheme aims to generate long term growth of investment, through a stock portfolio with a target allocation of 100% equity aiming at being as diversified across various industries and or sectors.

Fund Performance: This fund has beaten all its peers and provided 18% annualised returns in last 5 years. Even in the short term of 1 to 3 years, it gave 19% to 20% returns which proves it as good short term fund too. If you have invested Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have grown to Rs 97,000 now. Even in the long run for 10 years, it gave 15.9% annualized returns providing this as a consistent performer in the long run..

Why to invest: Good performance has lead to  asset size hitting Rs 12,000 Crores. Stead Management has led to continuity of style and market bias. Fund performed well in bull markets and reduced losses during bear markets. This fund beats all its peers and provided 18% annualised returns in the last 5 years compared to the S&P BSE 200 benchmark of 15.9% in a similar period. Crisil ranks it as Rank-1 and Value Research Online (VRO) as 5-Star (5 out of 5). This is one of the best SIP mutual funds to invest for long term of 15-20 years

Top#2: ICICI Pru Top 100 Mutual Fund


icici pru top 100 fund-Top sip mutual funds to invest in 2017Fund Objective: This mutual fund scheme aims to generate long term capital appreciation by investing predominantly i.e. up to 95% in equities while the rest would be invested in debt and money market instruments.

Fund Performance: This fund has beaten all its peers and provided 17% annualised returns in last 5 years. Even in the short term of 1 to 3 years, it gave 22% to 23% returns which proves it as a good short term fund. If you have invested Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have grown to Rs 91,500 now. Even in the long run for 10 years, it gave 13% annualized returns providing this as a consistent performer in the long run..

Why to invest: This fund beats all its peers and provided 17% annualised returns in the last 5 years compared to its benchmark of 9.8% in a similar period. Crisil ranks it as Rank-2 and Value Research Online (VRO) as 3-Star (3 out of 5). This is one of the best mutual funds to invest by SIP for long term of 10 years.

Top#3: ICICI Pru Focussed Blue Chip Fund


icici pru focussed bluechip equity-best sip mutual funds to invest in IndiaFund Objective: This fund's objective is to invest in 20 large cap companies from the top 200 stocks listed on the NSE on the basis of market capitalization. This fund's objective would get altered if assets cross more than 1,000 Crores (which we are seeing now) where it would invest beyond 200 stocks listed in the NSE.

Fund Performance: This fund has beaten all its peers and provided 16.3% annualised returns in last 5 years. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 91,400 now. This is one of the best funds to invest for long term of 10-20 years.

Why to invest: This fund has a clear strategy and consistently performing in the long run. This fund beats all its peers and provided 16% annualised returns in the last 5 years compared to Nifty 50 returns of 11.8% in a similar period. Crisil Ranks it as Rank-3 and Value Research Online as 4-Star (4 out of 5). This makes this as a unique fund among its peers.

Also Read: Funds India Vs Scripbox Vs ZIPSIP – Which is the good Mutual Fund investment platform?

Top#4: Franklin India Smaller Companies Fund


franklin india smaller cos fund-best sip mutual funds to invest in IndiaFund Objective: This mutual fund aims to generate long-term capital appreciation from a portfolio of mid-cap and small-cap companies. It invests up to 75% in smaller capitalization companies.

Fund Performance: This fund has beaten its benchmark and provided 29% annualised returns in last 5 years. In the last 3 years, it gave superior annualized returns of 46%. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 134,000 now.

Why to invest: This fund differentiates itself from market cap orientation. This fund invests smaller portion in large cap and invests a sizeable amount in small companies, hence it can be termed as smaller stock fund. This fund performed excellent in last 5 years and given 29% annualised return compared to its benchmark of 16%. Crisil Ranks it as Rank-1 and Value Research Online as 5-Star (5 out of 5). This is one of the best small cap funds to invest for long term of 15-20 years.

Top#5: DSP BlackRock Micro Cap Mutual Fund


dsp br microcap fund-best mutual funds to invest for long term in SIPFund Objective: This mutual fund aim is to seek long-term capital appreciation by investing in a stock portfolio that are not part of the top 300 companies by market capitalization. The focus of the scheme is to deliver superior long term performance by selecting stocks of companies those are uncorrelated to broader markets & not sector specific.

Fund Performance: This fund has beaten its benchmark and provided 28% annualised returns in last 5 years. In the last 3 years, it gave superior annualized returns of 54%. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 142,000 now.

Why to invest: This is a top small-cap fund that has beaten its benchmark for last eight years from 2008. This fund performed excellent in last 5 years and given 28% annualised return compared to its benchmark of 12%. Crisil Ranks it as Rank-1 and Value Research Online as 4-Star (4 out of 5). This is one of the best SIP mutual funds to invest in 2017 for long term of 15-20 years.

Top#6: Mirae Emerging Blue Chip Fund


Mirae Emerging Bluechip fund-Top mutual funds to invest in 2017 through SIPFund Objective: This fund aim is to generate income and capital appreciation from a diversified portfolio mostly investing in equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have a market capitalization of at least Rs.100 Crores at the time of investment.

Fund Performance: This fund has beaten its benchmark and provided 28% annualised returns in last 5 years. In the last 3 years, it gave superior annualized returns of 46%. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 132,000 now.

Why to invest: Starting 2011, this mutual fund scheme has beaten its benchmark and category by higher margins in all 5 years since its launch. Bull or bear phases have gone equally well for this mutual fund during this period. This fund performed excellent in last 5 years and given 28% annualised return compared to its benchmark of 16%. Crisil Ranks it as Rank-1 and Value Research Online as 5-Star (5 out of 5). This is one of the top SIP mutual funds for 2017 to invest for long term of 10 years.

Top#7: Kotak Select Focus Fund


Kotak Select Focus Fund-Good sip mutual funds to investFund Objective: The mutual fund scheme aims for capital appreciation from a diversified portfolio of equity and equity related instruments, generally focused on a few selected sectors.

Fund Performance: This fund has beaten all its peers and provided 19.7% annualised returns in last 5 years. Even in the short term of 1 year, it gave 19.6% returns which prove it as good fund. If you have invested Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have grown to Rs 104,000 now. This is one of the best funds to invest for long term of 10-20 years.

Why to invest: This fund strategy is that different sectors of the economy would perform well at different point of time. It focuses between 4 to 9 sectors. This fund beats all its peers and provided 19.7% annualised returns in the last 5 years comparing to NIFTY 200 of 12.6% in a similar period. Crisil ranks it as Rank-1 and Value Research Online (VRO) as 4-Star. One of the good multicap funds to invest.

Also Read: Top Mutual Fund Schemes for new Investors

Top#8: Principal Emerging Blue-chip fund


Principal emerging bluechip fund-best sip mutual funds to invest for long termFund Objective: This mutual fund scheme would invest between 65% to 95% in mid-cap stocks that has a market cap compared to benchmark Nifty Midcap 100 Index and 5% to 15% in Small Cap stocks.

Fund Performance: This fund has beaten all its peers and provided 26% annualised returns in last 5 years. Even in the short term of 1 year, it gave 23% returns which prove it as good fund. If you have invested Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have grown to Rs 124,000 now. This is one of the best funds to invest for long term of 10 years.

Why to invest: This fund beats all its peers and provided 26% annualised returns in the last 5 years compared to its benchmark returns of 14% in a similar period. Crisil ranks it as Rank-1 and Value Research Online (VRO) as 4-Star. One of the best multi-cap fund to invest in 2017.

Top#9: ICICI Balanced Mutual Fund


ICICI Pru Balanced Fund-best sip mutual funds to invest in IndiaFund Objective: The scheme invests in equities and related securities as well as fixed income and money market securities. It invests 60% minimum in equity and balance in debt related instruments.

Fund Performance: This fund has beaten its benchmark and provided 17.8% annualised returns in last 5 years. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 96,400 now.

Why to invest: This fund performed well in last 10 years and given 13% annualised return comparing to balanced fund category of 9.2%. Crisil ranks it as Rank-3 and Value Research Online (VRO) as 4-Star (4 out of 5 stars). It would reduce risk by investing part of the investment in debt instruments, hence good to have such funds for portfolio balancing. This is one of the Best SIP Mutual funds to invest in the balanced fund category.

Top#10: HDFC Balanced Fund


HDFC Balanced Fund-best mutual funds to invest in 2017

Fund Objective: This mutual fund scheme aims to generate capital appreciation from a combined portfolio of equity and debt instruments. This scheme invests up to 60% in equity and balance in debt related instruments.

Fund Performance: This fund has beaten its benchmark and provided 17% annualised returns in last 5 years. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 97,000 now.

Why to invest: This fund performed well in last 10 years and given 15% annualised return comparing to balanced fund category of 10%. Crisil ranks it as Rank-2 and Value Research Online (VRO) as 4-Star (4 out of 5 stars).  Equity centric balanced funds limit volatility by keeping part of investments in fixed income and regularly rebalancing the portfolio. This fund re-balances its portfolio with an aggressive equity part.

Also Read: Top Midcap/Smallcap Mutual Funds to invest in India

Complete list of Top 10 Mutual Funds to invest for long term in 2017 are given below


List of Top 10 Best Sip Mutual Funds to invest in 2017

Last year, I have recommended UTI Equity Fund, UTI Midcap fund, ICICI value discovery fund, Franklin India High Growth Fund apart from some of the above listed funds. You should continue to invest in them. If you would like to add more funds, select some of the new funds indicated in this article.

Conclusion: These Top and Best SIP Mutual funds can be invested to get superior returns in the long term. This portfolio is designed for all kinds of investors like high risk investors and moderate risk investor. If you are a high risk investor, you can add more funds from mid-cap/small-cap segment. If you are moderate risk investor, you can add more funds in balanced mutual fund category. If you simply want to invest in a diversified portfolio, go ahead and invest in these top 10 mutual funds to get high returns in coming years.

All the best!!!

If you enjoyed this article, share it with your friends and colleagues through Facebook and Twitter.

Suresh
Top 10 Best SIP Mutual Funds to invest in 2017

237 comments

  • Rishika

    Hi,

    Thank you so much for the detailed post.

  • Parimal

    Dear Suresh,

    Thank you very much for such an informative post. I am MF investor from last 8 months only and I am investing in following funds for 12-14 year time horizon for child education and 20-24 years for retirement

    Equity:Debit- 75:25
    1) HDFC balance fund- 15%

    2) HDFC mid cap oppurtunity 10%

    3) Axis long term equity fund- for ELSS 40% (I have doing it so high % because of my 80C limit)
    4) Franklin smaller companies fund 10%

    Debit-

    1) Franklin India Ultra Short Bond Fund-Super Institutional Plan- as liquid fund 5%
    2) Franklin Low duration Fund- direct growth- ultra short term 10%
    3) ICICI long term plan direct growth- dynamic fund 10%

    Apart from that I have FD as emergency fund for 3 month of salary and further needed, I will use liquid fund for that. I have term plan which is 15 time higher than my annual income and health insurance which is 8 time of my monthly income.

    Do you suggest for any change in equity or debit portfolio or to add/remove any fund, I am expecting 12-13% return from my equity part and 8% from debit part, I am moderate-high risk investor, atleast for the next 10 years until I become 45 years.
     

    Many Thanks in advance for helping us.

  • Usman Arif Beg

    Hi,

    I am Usman Working in a private company. My age is 30 years and I want to invest 5000/- per month in best SIP. It would be first time that i will invest my money in mutul funds request you to please suggest me best growing plan for best future returns,

     

  • Ankur kumar Saini

    Hi,

    My name is Ankur Kumar Saini. I am investing in three funds as given below

    Hdfc balance fund direct growth – 1000 rs

    Uti mid cap fund direct growth -500 rs

    Uti transportation and logistics fund direct growth – 1000 rs

    My question is are these fund OK and I want to invest more in fund will you suggest some fund name fro midcap or smallcap 

     

    Thankyou

  • Hariprasath Ragothaman

    Hi ,
    Thanks for the article. I am impressed the way it is written. This is Hariprasath,30 years young :-).
    • My aim is to create wealth around (10% – 20%)
    • investment horizon is 10-15 years
    • Moderate risk taker.
    My investments below.
    Life Insurance
    LIC & Exide life insurance with life coverage + Pension plan – Rs 60,000 Per year
    Debt Portfolio
    RD & FD – 60,000 per year and no Debt mutual funds
    Equity portfolio – SIP/Month
    1. Large cap–> SBI Blue chip – Direct Growth – Rs 2, 000
    2. Multi cap–> ICICI pru value disc fund – Direct Growth – Rs 1,000
    3. Small& Mid cap
    a) Franklin Small companies- Direct growth – Rs 1,000
    b) DSPBR Microcap – Direct Growth – Rs 1,000
    Also I have completed my Home loan recently and hence need to start ELSS from next year.
    Can you advise
    1. Whether my portfolio is in the correct mix. If any corrections required, please advice
    2. Please suggest some ELSS mutual funds for my portfolios.

    • Hi Hariprashant, The funds selected by you are good except for ICICI pru value discovery fund. There are better funds than this in this segment. Add more large cap funds like Birla SL Frontline equity fund or ICICI Top 100 fund. Regd some of the best funds for tax saving ELSS are Axis long term equity fund, DSP BR Tax Saver fund, Birla LS Tax relief 95 fund etc.,

Leave a Reply

Your email address will not be published. Required fields are marked *