If you don’t have time to track the stock market closely, mutual funds can be a smart choice. Even with a small SIP of Rs 100, you can earn good returns.
We have listed 5 mutual funds where you can invest just Rs 100 every month. These funds have delivered up to 37% CAGR in the last 3 years.
This means if you had invested Rs 1 lakh in these funds three years ago, your investment would have grown to Rs 1,37,000 by now. Let’s go through these top 5 funds one by one.
These funds offered returns of up to 37%:
Bandhan Small Cap Fund
This fund gave a 37% return in 3 years. You can start a SIP with Rs 100. 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 begin investing 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 over 3 years. You can invest with just Rs 100 SIP. Its Expense Ratio is 1.35%. It holds stocks like Sobha, South Indian Bank, and Apaar Industries.
ICICI Pru Commodities Fund
This fund earned 26.47% returns in 3 years. You can start with Rs 100 SIP. Its Expense Ratio is 0.99%. It invests in Jindal Steel, Ambuja Cement, and Vedanta.
Axis Nifty 100 Index Fund
This fund gave 18.92% returns in 3 years. You can begin with a Rs 100 SIP. Its Expense Ratio is 0.21%. It invests in HDFC, ICICI Bank, Reliance Industries, and Infosys.
