- Which SIP is best for 1 year?
- Which SIP is best for 20 years?
- Is SIP investment is safe?
- Is LIC better than mutual fund?
- Which type of SIP is best?
- Which SIP gives highest return?
- Is there any LIC policy for 5 years?
- Is SIP safe now?
- Can I lose money in SIP?
- Which SIP is best for 5 years?
- Which LIC plan is best for child?
- Which is the best LIC policy in 2020?
- Which plan of LIC is best?
- Is SIP better than FD?
- Why is SIP not good?
- Is SIP tax free?
- Which SIP should I invest in 2020?
Which SIP is best for 1 year?
Best SIP Plans for 1 Year Investment in FY 20 – 21Aditya Birla Sun Life Savings Fund.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments.
ICICI Prudential Ultra Short Term Fund.
(Erstwhile ICICI Prudential Regular Income Fund) …
Kotak Savings Fund..
Which SIP is best for 20 years?
Best SIP Plans to invest in for 20 yearsHDFC growth and prudence fund. … Mirae Asset Bluechip Fund. … Franklin India Feeder. … SBI Small Cap Fund. … Motilal Oswal Equity Fund (long term) … HDFC Hybrid Equity Fund. … Aditya Birla Sun Life Fund. … ICICI Prudential fund.More items…•
Is SIP investment is safe?
SIP is a very safe method to invest in mutual funds. If you invest in a mutual fund lump sum, depending on the market condition, you could end up paying a very high price for a mutual fund. … You do not need to worry about timing the market when investing via SIP. In SIP, you invest a small amount of money every month.
Is LIC better than mutual fund?
A life insurance policy involves a lesser amount of risk as compared to mutual funds. There is a guaranteed death benefit. A mutual fund does not guarantee does not provide any death benefit. However, it provides a fund manager.
Which type of SIP is best?
Best SIP Investment Plans in IndiaSIP PlansType3 YearBirla SL Equity FundEquity Fund13.70%DSP BlackRock Midcap FundEquity Fund16.77%DSP Equity FundEquity Fund-9.97%DSP Strategic Bond FundDebt Fund7.70%27 more rows•Jul 12, 2020
Which SIP gives highest return?
Here’s a look at five such schemes:Axis Bluechip Fund. 5-year SIP returns: 15.57% … AXIS Focused 25 Fund. 5-year SIP returns: 15.25% … IIFL Focused Equity Fund. 5-year SIP returns: 14.71% … SBI Focused Equity Fund. 5-year SIP returns: 13.69% … Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%
Is there any LIC policy for 5 years?
Jeevan Mangal Plan by LIC is a term insurance plan which can be brought for a term of 5 years only through the single premium payment option that pays returns in the form of a premium on the maturity of the plan.
Is SIP safe now?
Investing through an SIP helps us to overcome this psychological hurdle. … These two factors make equity investing extremely risky in the short term. You may even lose your capital in the short term. However, equity also has the potential to offer superior returns than other asset classes over a long period.
Can I lose money in SIP?
Systematic investment plans are the best way to invest in equity funds because they reduce the risk and average out the investment costs. But this does not mean that SIP investors cannot lose money.
Which SIP is best for 5 years?
Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020
Which LIC plan is best for child?
LIC Jeevan Traun plan provides the benefit of tax exemption to the policyholder….LIC Jeevan Tarun.MinimumMaximumEntry Age0 years12 yearsMaturity Age-25 yearsPolicy Term25 years – the entry age of the childSum AssuredRs.1 lakhNo limit3 more rows
Which is the best LIC policy in 2020?
More videos on YouTubeLIC PlansType of PlanPolicy Term (in years)LIC New Children’s money-back PlanTraditional money-back Child Plan25 years – Age at EntryLIC New Jeevan AnandEndowment Plan15 – 35LIC Jeevan UmangWhole Life + Endowment Plan100 – Age at EntrLIC Jeevan LabhEndowment Plan16/21/252 more rows
Which plan of LIC is best?
Best LIC PlansLIC PoliciesPlan TypeMaximum Maturity AgeLIC Jeevan UmangWhole Life Insurance100 yearsLIC Jeevan AmarTerm Assurance Plan80 yearsLIC Money Back 25 yearsMoney Back Policy70 yearsLIC New Jeevan AnandEndowment Plan75 years1 more row•Sep 23, 2020
Is SIP better than FD?
Fixed deposit is the best investment option for conservative investors only. … On the other hand, returns cannot be guaranteed in a systematic investment plan or an SIP. There is no doubt in the fact that an SIP provides higher returns in comparison to fixed deposits but there is no guarantee of returns in an SIP.
Why is SIP not good?
Cons: SIPs in the short run might incur losses as well due to market volatility and risks like market risk, liquidity risk, credit risk, etc. Having said that, the performance of any equity-based mutual fund depends on the market performance.
Is SIP tax free?
I want to know if my SIP investment can be used for tax exemption? … Investments in Equity Linked Saving Scheme or ELSS qualify for tax deductions of up to Rs 1.5 lakh under Section 80C in a financial year. However, the tax benefit is only available to ELSS or tax saving mutual fund schemes.
Which SIP should I invest in 2020?
Best SIP Plans for the Year 2020Fund NameMonthly Investment5 years ReturnICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%Nippon India large Cap Fund500010.9%6 more rows•Aug 24, 2020