Best Mutual Funds For SIP-Based on Last 50 Installments

Today we will take view of best mutual funds based on their performance for last 50 installments.

We will make following assumptions:

1. Total number of installments : 50.
2. Installment start date: 01/02/2009
3. Installment end date: 01/03/2013.
4. Per Month Invested : Rs.3000/-
5. Total Invested : Rs.1,50,000/-
6. Based on above inputs,total value & SIP returns [CAGR] are as shown below:

Large Cap / MultiCap Funds:

Fund Name	Per Month Invested	Total Invested – Last 50 installments	Current Value	SIP Returns -CAGR
Reliance Equity Opportunities	Rs.3000/-	1,50,000/-	2,12,252/-	17.46%
Quantum Long Term Equity	Rs.3000/-	1,50,000/-	200,550	14.54%
Mirae Asset India Opportunities	Rs.3000/-	1,50,000/-	1,95,620/-	13.27%
UTI Equity Fund	Rs.3000/-	1,50,000/-	1,88,577/-/-	11.41%
Franklin India Bluechip	Rs.3000/-	1,50,000/-	1,85,339/-	10.53%
SBI Bluechip	Rs.3000/-	1,50,000/-	1,84,610/-	10.33%

Mid-Cap Funds: 

Fund Name	Per Month Invested	Total Invested – Last 50 installments	Current Value	SIP Returns -CAGR
SBI Magnum Emerging Business	3000/-	1,50,000/-	2,42,768	24.48%
ICICI Pru Discovery	Rs.3000/-	1,50,000/-	2,07,071	16.19%
IDFC Premiere Equity Fund	Rs.3000/-	1,50,000/-	2,06,041	15.93%
HDFC Mid Cap Opportunities	Rs.3000/-	1,50,000/-	2,04,348	15.51%
Sundaram Select Midcap	Rs.3000/-	1,50,000/-	1,85,897/-	10.68%

ELSS – Tax Savings Fund:

Fund Name	Per Month Invested	Total Invested – Last 50 installments	Current Value	SIP Returns -CAGR
Quantum Equity Tax Savings	3000/-	1,50,000/-	1,96,170	13.41%
Franklin India Tax Shilld	Rs.3000/-	1,50,000/-	1,91,914	12.30%
Canara Robeco Tax Saver	Rs.3000/-	1,50,000/-	191818	12.27%
ICICI Pru Tax Plan	Rs.3000/-	1,50,000/-	1,91,710	12.24%
HDFC Long Term Advantage	Rs.3000/-	1,50,000/-	1,86,467	10.86%

SENSEX & NIFTY have provided SIP returns of 6.90% for the said period.

Imp note to take is that there is no guarantee that above schemes will have same fortune in future but this is one of the important benchmark to select good scheme for investment.