Best SIP Plans For 1 Year

Selecting the right investment plan becomes pivotal for optimal wealth creation. As investors seek shorter commitment periods, one-year SIP plans emerge as a strategic choice. 

Our curation of plans explores which SIP is best for a 1-year period, ranging from high-risk, high-reward to more conservative funds. Diversify intelligently, navigate market fluctuations, and maximise returns as you venture on a year-long investment journey tailored to your financial goals.

10 Best SIP Plans for 1 Year

In this blog, we’ll explore variety of funds, from high-risk, high-reward ones to safer options. They’re all carefully handled to make your money grow. Make sure to explore all the important details—features, returns, and risks – of the leading mutual funds designed for a one-year SIP. This thorough understanding will guide you in choosing the best SIP plans for a brighter financial future.

1. Quant Large And Mid Cap Fund Direct-Growth

Currently quant mutual are outperforming their benchmark and peers. is one of the most  plans with ₹1,127 Crores AUM,  is a medium-sized mutual fund launched in January 2013. Boasting a 0.75% expense ratio, the fund has delivered 23.88% returns in the last year and 19.43% average annual returns since inception.

With a focus on the Energy, Healthcare, Metals and Mining, Automobile, and Services sectors, it has demonstrated consistent performance and effective risk management. The fund’s top holdings include Reliance Industries, NMDC, Aurobindo Pharma, JIO Financial Services, and the Reserve Bank of India.

• Minimum investment: SIP ₹1000 & Lumpsum ₹5000 
• Lock-in period: None
• Returns (p.a): 22.54% return in 2022
• Risk: Moderate to high, typical of large and mid-cap exposure.
• Current Value: NAV as of Dec 04, 2023 is ₹99.61

2. ICICI Prudential Value Discovery Fund

ICICI Prudential Value Discovery Direct-Growth, a 10-year-old medium-sized fund with ₹32,494 Crores AUM, focuses on value-oriented investing. With an expense ratio of 1.11%, it has delivered 24.65% returns in the last year and 18.78% average annual returns since inception.

The fund, excelling in consistent returns and risk management, predominantly invests in the Financial, Energy, Healthcare, Communication, and Technology sectors, with top holdings including HDFC Bank, Bharti Airtel, Sun Pharma, ICICI Bank, and Infosys.

• Minimum investment: For SIP ₹100 & for Lump sum ₹1000
• Lock-in period: None
• Returns (p.a):  24.65%
• Risk: Moderate to high-risk profile.
• Current Value: NAV as of Dec 05, 2023 is ₹ 383.98

3. Aditya Birla Sun Life Savings Fund

Aditya Birla Sun Life Regular Savings Fund Direct-Growth, a medium-sized Conservative Hybrid fund, has ₹1,438 Crores AUM. With an expense ratio of 0.95%, it allocates 22.73% to equity and 72.64% to debt. Delivering 8.45% returns in the last year and 10.55% average annual returns since inception, it exhibits consistent performance.

The fund’s equity holdings span the Financial, Construction, Automobile, Capital Goods, and Technology sectors, while its debt portion maintains a moderate credit quality. The fund’s ability to control losses in a declining market is above average.

• Minimum investment: For SIP ₹1000 & for Lump sum ₹500
• Lock-in period: None
• Returns (p.a): 8.45%
• Risk: Moderate risk profile.
• Current Value: NAV as of Dec 05, 2023 is ₹62.84

4. Edelweiss Large & Mid Cap Direct Plan-Growth

Edelweiss Large & Mid Cap Direct Plan-Growth, a medium-sized fund with ₹2,221 Crores AUM, stands out with its low 0.47% expense ratio. Launched in January 2013, it has delivered a robust performance, generating 21.95% returns in the last year and a 16.60% average annual return since inception.

The fund, adept at consistent returns and above-average loss control, predominantly invests in the Financial, Technology, Capital Goods, Automobile, and Materials sectors, with top holdings in Larsen & Toubro, HDFC Bank, State Bank of India, ICICI Bank, and KPIT Technologies.

• Minimum investment: For SIP ₹500 & for Lumpsum ₹5000
• Lock-in period: None
• Returns (p.a): 21.39% in 2022
• Risk: Moderate, owing to a diversified portfolio.
• Current Value: NAV as of Dec 04, 2023 is ₹76.86

5. Parag Parikh Flexi Cap Fund Direct-Growth

The Parag Parikh Flexi Cap Fund offers a high-risk, high-reward SIP option with a minimum investment of ₹1,000. Managed by experienced fund managers, it aims for capital appreciation across diverse sectors and market caps.

With an AUM of ₹29,953.06 Crore, the fund has a 1.6% expense ratio and has delivered annualized returns of 0.04% (1 year), 13.80% (3 years), and 34.60% (5 years). Investors seeking long-term gains may consider this flexi-cap equity fund.

• Minimum investment: For SIP ₹1000 & for Lump Sum ₹1000
• Lock-in period: No lock-in, providing liquidity.
• Returns (p.a): 28.38% in 2022
• Risk: Moderate, owing to a diversified portfolio.
• Current Value: NAV as of Dec 04, 2023 is ₹67.98

6. Nippon India Growth Fund

Nippon India Growth Fund Direct-Growth, a medium-sized mid-cap fund with ₹19,082 Crores AUM, features a 0.88% expense ratio. Launched in January 2013, it has displayed commendable performance, yielding 36.50% returns in the last year and 18.72% average annual returns since inception.

The fund, with a consistent return record and above-average loss control, primarily invests in the Financial, Services, Healthcare, Capital Goods, and Materials sectors. Its top holdings include Power Finance Corporation, Tube Investments of India, Supreme Industries, AU Small Finance Bank, and Varun Beverages.

• Minimum investment: For SIP ₹100 & for Lump sum ₹100
• Lock-in period: None
• Returns (p.a): 36.50%
• Risk: Moderate to high risk.
• Current Value: NAV as of Dec 05, 2023 is ₹3,308.65

7. Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund Direct-Growth, a medium-sized Liquid fund with ₹11,788 Crores AUM, maintains a noteworthy 0.12% expense ratio. Since its January 2013 inception, it has delivered a steady 7.08% return in the past year and a consistent 6.65% average annual return.

Despite showcasing above-average loss control, its very high credit profile reflects excellent-quality borrower engagements, albeit with a slightly elevated default risk compared to its category.

Top holdings include Reserve Bank of India, Reliance Retail Ventures, Canara Bank, Bank of Baroda, and Small Industries Development Bank of India.

• Minimum investment: For SIP ₹1000 & for Lump sum ₹5000
• Lock-in period: None
• Returns (p.a): 7.08% in 2022
• Risk: Low risk profile.
• Current Value: NAV as of Dec 05, 2023 is ₹2,490.49

8. Axis Bluechip Fund Direct Plan-Growth

Axis Bluechip Fund Direct Plan-Growth, a medium-sized large-cap fund with ₹30,734 Crores AUM, boasts a low 0.63% expense ratio. Launched in January 2013, it has delivered steady performance, yielding 10.61% returns in the last year and a 14.87% average annual return since inception.

While demonstrating lower consistency in returns compared to peers, it maintains a disciplined approach in sectors like Financial, Automobile, Services, Technology, and Construction. The fund’s top holdings comprise HDFC Bank, ICICI Bank, Bajaj Finance, Avenue Supermarts, and Tata Consultancy Services.

• Minimum investment: For SIP ₹100 & for Lump sum ₹500
• Lock-in period: None
• Returns (p.a): 9.94% in 2022
• Risk: Low to moderate, typical of blue-chip investments.
• Current Value: NAV as of Dec 04, 2023 is ₹55.54

9. Kotak Equity Opportunities Fund Direct-Growth

Kotak Equity Opportunities Fund Direct-Growth, a medium-sized Large and Mid-cap fund with ₹15,261 Crores AUM, impresses with a modest 0.53% expense ratio. Since its January 2013 launch, the fund has delivered robust 23.44% returns in the past year and a solid 17.32% average annual return.

While exhibiting average loss control, it strategically allocates across the Financial, Automobile, Capital Goods, Chemicals, and Consumer Staples sectors. The fund’s top holdings feature ICICI Bank, Maruti Suzuki, State Bank of India, Axis Bank, and Larsen & Toubro.

• Minimum investment: For SIP ₹500 & for Lump sum ₹5000
• Lock-in period: None
• Returns (p.a): 22.66%
• Risk: Moderate to high, aligning with equity opportunities.
• Current Value: NAV as of Dec 04, 2023 is ₹291.77

10. DSP Flexi Cap Fund Direct Plan-Growth

DSP Flexi Cap Fund Direct Plan-Growth, a seasoned player in the Flexi Cap category with ₹8,856 Crores AUM, maintains a competitive 0.74% expense ratio. Launched in January 2013, it showcases impressive performance, delivering a robust 24.59% return in the last year and a commendable 15.67% average annual return since inception.

With a strategic allocation in the Financial, Capital Goods, Automobile, Technology, and Healthcare sectors, the fund demonstrates prudent risk management, particularly in the Financial and Capital Goods sectors. Its top holdings, featuring Bajaj Finance, HDFC Bank, Apar Industries, ICICI Bank, and Samvardhana Motherson International, represent its well-diversified portfolio.

• Minimum investment: For SIP ₹500 & for Lump Sum ₹1000
• Lock-in period: None
• Returns (p.a): 23.74% in 2022
• Risk: Moderate, owing to a diversified cap allocation.
• Current Value: NAV as of Dec 04, 2023, is ₹88.9

Conclusion

In a world of dynamic financial markets, choosing the best SIP plan for 1 year can be a game-changer for your investment journey. Whether you seek high rewards or prioritise stability, these top 10 SIP plans offer a gateway to intelligent and diversified investing.