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Best Sip Investments In Mutual Funds

Best Sip Investments In Mutual Funds

By Divya Kannan

Investing in Mutual Funds is one of the best way to earn more money in India. It gives good returns more than the regular savings schemes offered by the banks. The mutual fund industry in India is growing at a good pace and more investors are now investing in the mutual funds.

Some of the investors are feeling difficult to invest funds in the schemes at a single time. If they get a chance to invest on a monthly basis, it will be easy for them. So the mutual funds introduced the "Systematic Investment Plans" for the investors. In this SIP Plans, the investors can invest on a monthly basis. The minimum investment amount to be invested per month is Rs 500. But some companies have some schemes which has the minimum investment amount of Rs 100 per month. For example, SBI Chotta SIP and Reliance schemes have a minimum investment amount of Rs 100 per month.

Some of the best SIP Plans to invest for the year 2010 are:

* HDFC Tax Saver Fund
* SBI Chotta SIP plan
* SBI Magnum Sector Funds Umbrella - Contra Fund
* SBI Magnum Sector Funds Umbrella - Emerging Fund
* Reliance Equity Fund
* SBI Midcap Fund

There are lot of schemes that has SIP Plans to invest. But you have to spot the best by analyzing the returns given by them in the past 6 months, 1 year and 3 years.

How to Find the best SIP Investment?

Get the details of the returns given by the SIP plans. You can spot the best plan by analysing their returns. The details are available in related websites.