Top 7 Index Mutual Funds With Best SIP Returns in 5 Years: Rs 15,000 monthly SIP investment in No. 1 fund has jumped to Rs 19.07 lakh

Top 7 index mutual funds with best SIP returns in 5 years: Investors who want to invest in mutual funds or those who can’t give much time to track their investments have one thing in common. They find it difficult to select the right mutual fund schemes for them either for the lack of knowledge or the lack of time. What can they do to overcome this problem? They can either educate themselves or hire a consultant to invest on their behalf. Or, if they are unable to do either task, they can invest in a scheme where they don’t have to do much home work. Index mutual funds can be a choice for such investors. Index funds invest in equity, equity-related instruments, or bonds, mimicking the index that they. If an index fund is following the Nifty 50 index, it will have the 50 stocks in the same proportion as the index has. The fund manager will change the composition when the new companies are included and the old ones move out of Nifty 50. Index funds are passive funds and have a low expense ratio.
In this write-up, know about the top 7 index mutual funds in terms of highest annualised SIP returns (XIRR) and know how a Rs 15,000 monthly SIP investment has performed in all of them in 5 years.
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