If you don’t have time to closely watch the stock market, investing in mutual funds can be a good option for you. Even with a small SIP of Rs 100, you can get better returns.
We have picked 5 such mutual funds where you can invest just Rs 100 monthly. These funds have given up to 37% CAGR in the last 3 years.
This means if you had invested Rs 1 lakh in these funds three years ago, it would have grown to Rs 1,37,000 today. Let’s look at these top 5 funds one by one.
These funds gave returns up to 37%
Bandhan Small Cap Fund
This fund gave a 37% return in the last 3 years. You can start investing with just Rs 100 SIP. Its Expense Ratio is 0.39%. It invests in companies like Sobha, South Indian Bank, and Apaar Industries.
Pioneer Fund Box
This fund returned 27.31% in 3 years. You can start with Rs 100 SIP. Its Expense Ratio is 0.52%. It invests in Bharti Hexacom, Eternal, Aster DM, and Interglobe Aviation.
Aditya Birla SL Special Opp Fund
This fund gave a 23.82% return in the last 3 years. You can start investing with Rs 100 SIP. Its Expense Ratio is 1.35%. It invests in companies like Sobha, South Indian Bank, and Apaar Industries.
ICICI Pru Commodities Fund
This fund gave 26.47% returns in 3 years. You can start with Rs 100 SIP. Its Expense Ratio is 0.99%. It invests in companies like Jindal Steel, Ambuja Cement, and Vedanta.
Axis Nifty 100 Index Fund
This fund gave an 18.92% return in 3 years. You can start investing with Rs 100 SIP. Its Expense Ratio is 0.21%. It invests in companies like HDFC, ICICI Bank, Reliance Industries, and Infosys.
