Large cap schemes are benchmarked against NIFTY 100 - TRI, and S&P BSE 100 - TRI. The benchmarks offered 4.68%, and 4.15% respectively in the January-March quarter in 2024.
Around four equity mutual fund categories received inflows of more than Rs 20,000 crore in FY24. Smallcap funds gained the maximum traction and received a total inflow of Rs 40,282.73 crore in FY24.
Many mutual funds do not allow you to increase your SIP amount in between the SIPs. In that case, if you plan to increase your investment from next year say by a fixed amount or a fixed percentage then Step up SIP is the option to increase your investments every year.
We considered all equity mutual fund categories such as large cap, mid cap, small cap, large & mid cap, ELSS, multi cap, flexi cap, focused fund, value, contra, sectoral and thematic categories. We considered regular and growth options.