We considered equity categories such as large cap, mid cap, large & mid cap, small cap, ELSS, multi cap, focused funds, value & contra fund categories. We considered yearly returns starting from 2018 to 2022. We did not consider the flexi cap category as it has just completed three years.
Systematic investment plans or SIPs are a great investment strategy to create wealth over a long period. SIPs in three equity mutual fund categories offered fabulous returns over a short period of three years. Do you want to know which are those categories?
"In thematic funds, investors often enter at the wrong time and often join after a period of high returns and get disappointed. With this move, we want to encourage investors to invest systematically and even out volatility," said Radhika Gupta, CEO of Edelweiss Mutual Fund.
SIPs have carved a distinct space in the investment choices of Indians. By breaking down investments into manageable chunks, they make mutual funds more accessible. But with this ease, there's a challenge: selecting the right mutual fund. Your choice can be a determinant of your financial growth. Looking for growth avenues and the best mutual funds to invest in? Let us help you find the right SIP investment match for your portfolio.
Indian equities weakened on Monday as heightened uncertainty over the Israel-Hamas conflict led to a flight of money, across global markets, to safe-haven assets such as gold and the US dollar.