5-star rating

Axis Equity is among the better SIP plans in India. The Fund has generated a return of 43 per cent in the last one year. It has a 5-star rating from Value Research online. The minimum SIP amount is Rs 12,000 under the scheme.

44% returns in the last one year

Again the fund has given good returns of 44 per cent in the last one year. The minimum amount that one can invest under the scheme if Rs 500. Clearly, one of the best SIP plans in India.

A good SIP plan

HDFC Balanced Fund is among the good SIP plans in India for those that are looking at good growth in the long-term. The fund has generated a return of almost 60 per cent in the last one year. The Minimum amount of SIP under the plan is Rs 1000.

Good rating from Value Research

Tata Balanced Fund has been around since 1995. The fund has a 4-star rating by Value Research Online. The Fund has generated a return of close to 50 per cent in the last one year. Tata Balanced has a very strong portfolio.

Last three years returns of 20 per cent

ICICI Prudential Target Returns Fund is among the best SIP Mutual Funds scheme in the country. The scheme has consistently generated a good return for the last several years. The last three year returns of the fund has been close to 20 per cent.

A sound portfolio

The Fund has a four star rating from Value Research. It has given a return of 18 per cent in the last three years. The Minimum amount for an SIP plan under the scheme is Rs 1000.

A consistent performer

One can invest in the HDFC Prudence Fund with a minimum investment of Rs 500. The fund is again an equity oriented fund with a strong portfolio including the likes of Infosys, ICICI Bank and State Bank of India.

100% returns in last one year

The one year returns of SBI Magnum Cap Fund is almost 100 per cent. The fund has investment in mid cap stocks like Strides Arcolab, Motherson Sumi and Federal Bank.