The steady rise in SIP contributions, even amid market volatility, highlights investors’ growing confidence and commitment to long-term wealth creation. This trend shows their resilience in facing market fluctuations and their determination to stay focused on their financial objectives, according to a release by ICRA Analytics.
The market downturns may be considered as an opportunity, and staying invested will result in increased accumulation of mutual fund units, which will benefit the investor once the market recovers in the long run. Regular investments through SIPs can help average out the purchase cost of mutual fund units over time, reducing the impact of market volatility.
SIP Performance for Equity mutual funds. Top 5 sorted based on 5-year yield
Source: MFI 360 Explorer
Based on the last five year SIP performance, the top performers were SBI PSU Fund, Motilal Oswal Midcap Fund, HDFC Infrastructure Fund, ICICI Prudential Infrastructure Fund, Aditya Birla Sun Life PSU Equity Fund. SIP Performance for debt mutual funds. Top 5 sorted based on 3-year yield
Source: MFI 360 Explorer
Based on the last three year SIP performance of debt mutual funds, the top performers were Franklin India STIP, DSP Credit Risk Fund, HSBC Credit Risk Fund, Aditya Birla Sun Life Credit Risk Fund, Aditya Birla Sun Life Medium Term Plan.
