So you've decided to invest in SIP mutual funds but you want to know which mutual funds to invest in. The confusion is understandable considering there are over 1000+ mutual fund schemes in India.
Cube Wealth has put an end to this confusion by partnering with Wealth First. Wealth First curates a comprehensive list of the best SIP mutual funds on the Cube Wealth app.
In fact, you can start a SIP on Cube Wealth for as low as ₹1000 but starting with at least ₹10,000 per month would be ideal if your aim is to build a substantial corpus.
In this blog, we'll discuss a few of the best SIP mutual funds currently being recommended by Wealth First on Cube Wealth. You can consult a Cube Wealth coach or download a Cube Wealth application.
What SIP Mutual Funds Should You Invest In?
First off, you should understand your risk level and have a clear idea of your investment goals before starting a SIP. The easiest way to find out both would be to take the detailed risk analysis quiz on Cube Wealth.
It's a set of straightforward yet crucial questions that will help you recognize where you should i
So you've decided to invest in SIP mutual funds but you want to know which mutual funds to invest in. The confusion is understandable considering there are over 1000+ mutual fund schemes in India.
Cube Wealth has put an end to this confusion by partnering with Wealth First. Wealth First curates a comprehensive list of the best SIP mutual funds on the Cube Wealth app.
In fact, you can start a SIP on Cube Wealth for as low as ₹1000 but starting with at least ₹10,000 per month would be ideal if your aim is to build a substantial corpus.
In this blog, we'll discuss a few of the best SIP mutual funds currently being recommended by Wealth First on Cube Wealth. You can consult a Cube Wealth coach or download a Cube Wealth application.
What SIP Mutual Funds Should You Invest In?
First off, you should understand your risk level and have a clear idea of your investment goals before starting a SIP. The easiest way to find out both would be to take the detailed risk analysis quiz on Cube Wealth.
It's a set of straightforward yet crucial questions that will help you recognize where you should invest your hard-earned money. You'll get access to handpicked mutual funds once you take the quiz.
Now, these can be your possible SIP mutual funds options on Cube Wealth:
1. Liquid funds
2. Conservative funds
3. Moderate funds
4. Aggressive funds
5. International funds
6. ELSS funds
Cube's unique perfect portfolio builder based on the bucket philosophy will help you diversify your SIP mutual fund investments across these categories of mutual funds based on your risk level and goals. You can consult a Cube Wealth coach or download a Cube Wealth application.
A 5-year investment timeline falls under the medium term. Potential options for this would include liquid, debt, equity, international, and ELSS funds.
Anything beyond 10+ years is generally treated as the long term. SIP mutual fund options for this would include debt funds, equity funds, international funds, and ELSS funds.
Best Debt Funds For 10 Year SIP Investment
1. ICICI Prudential Corporate Bond Fund
2. Axis Money Market Fund
3. HDFC Money Market Fund
Best Equity Funds For 10 Year SIP Investment
1. Mirae Asset Large Cap Fund
2. Canara Robeco Emerging Equities Fund
3. Kotak Small Cap Fund
Best International Funds For 10 Year SIP Investment
Sustaining a SIP for 15 years has the potential to create a large corpus for you. Potential SIP mutual fund options for this include debt funds, equity funds, and international funds.
Best Debt Funds For 15 Year SIP Investment
1. IDFC Banking & PSU Debt Fund
2. Axis Banking and PSU Debt Fund
3. HDFC Money Market Fund
Best Equity Funds For 15 Year SIP Investment
1. Motilal Oswal Focused 25 Fund (Conservative)
2. SBI Flexicap Fund (Moderate)
3. Axis Small Cap Fund (Aggressive)
Best International Funds For 15 Year SIP Investment
1. Edelweiss Greater China Equity Off-shore Fund
2. Franklin India Feeder - Franklin U.S. Opportunities Fund
Note: While we update our blogs regularly, download the Cube Wealth app for the latest mutual fund recommendations from Wealth First.
Should You Invest In A SIP Mutual Fund?
Timing the market is perhaps one of the most difficult things to do as an investor. A SIP helps you negate this by letting you invest across market cycles.
This leads to a popular phenomenon called rupee cost averaging which may be the biggest advantage a SIP has over one-time lump sum investments.
Rupee cost averaging helps you average out the fluctuations of the market. It can be easily understood with this hypothetical example:
Investor Tom (SIP)
Investor Jerry (Lump sum)
NAV
Invested
Units
NAV
Invested
Units
20
₹10,000
500
20
₹40,000
1500
10
₹10,000
1000
X
X
X
20
₹10,000
500
X
X
X
25
₹10,000
400
X
X
X
Total
₹40,000
2400
Total
₹40,000
2000
As you can see, investor Tom owned more units towards the end of his SIP than Jerry who invested the same amount in one go. Other benefits of a SIP include:
Affordable: You don't have to burn a hole in your pocket to create wealth with a SIP
Convenient: You can start a SIP using Cube Wealth in minutes with the QuickSIP feature*
Flexible: SIPs on Cube Wealth are flexible because of the unique SuperSIP feature**
Thus, Cube Wealth is the best way to invest in a SIP with convenient yet powerful features like QuickSIP, SuperSIP, and curated mutual fund recommendations that work for you.
1. What is SIP, and why is it a popular investment method?
Ans. SIP stands for Systematic Investment Plan, which is a disciplined way to invest in mutual funds. It allows you to invest a fixed amount regularly, typically monthly, in a mutual fund of your choice. SIPs are popular because they offer ease of investment, rupee-cost averaging, and the potential for long-term wealth creation.
2. What investment avenues are available for a ₹10,000 monthly SIP?
Ans. Numerous investment opportunities exist for a ₹10,000 monthly SIP, encompassing equity mutual funds, debt mutual funds, hybrid funds, and even individual stocks or exchange-traded funds (ETFs). Your decision should align with your financial objectives and risk tolerance
3. What should I do if my SIP investments are not performing as expected?
Ans. If your SIP investments are not meeting your expectations, consider reviewing your investment strategy, consulting with a financial advisor, and reassessing your financial goals. You may need to make adjustments to your portfolio.
4. What is the ideal investment horizon for a ₹10,000 monthly SIP?
Ans. The ideal investment horizon for a ₹10,000 monthly SIP can vary based on your financial goals. Generally, for long-term goals like retirement or wealth creation, a horizon of 5 to 10 years or more is recommended. Short-term goals may require a shorter horizon.
Conclusion
Ultimately, SIPs serve as a versatile and accessible means of participating in the financial markets, empowering individuals to take control of their financial futures. When used wisely and in conjunction with sound financial planning, SIPs can play a pivotal role in helping individuals realize their financial aspirations and secure a more prosperous future.
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!
Thanks For Subscribing!
We'll send you interesting emails about exciting investment options.
Oops! Something went wrong while submitting the form.
Upload your mutual fund statement for tailored recommendations and a
comprehensive portfolio review.
Upload Your Consolidated Account Statement from CAMS
We’ll email your personalised mutual fund review in a few days—our
experts, who have 40+ years of experience, go beyond quick
algorithms to deliver deep, customised insights.
To get recommendations aligned with your goals, fill out your risk
profile
here.
For any questions, feel free to reach us at wealth@bankoncube.com
How to Download Your Consolidated Account Statement (CAS)
