Best UTI SIP Mutual FundsPosted by sneha R on November 25th, 2019
SIPs are affordable and flexible investment option. There are many SIP plans available in the market, but among all, UTI SIP plans are the Best mutual funds to invest. SIP stands for a systematic investment plan, which is like a recurring deposit where a specific amount needs to be invested that can be weekly, monthly or quarterly. An individual can start UTI SIP Mutual funds investment with only 500 rupees.
As you become a regular investor through SIP, you develop the habit of long-term savings. In the long-run, SIP investment indeed benefits the investors.
All about UTI SIP Plans:
There are several advantages of SIP which you can enjoy while you make an investment in uti sip plan. Let’s take a look at the benefits:
Moreover, UTI mutual fund strives for the investors’ safety as well as for capital appreciation by investing sensibly. When you invest in UTI SIP schemes, stay assured that you will get a consistent return on the investment. The mutual fund account must be such that can be easily accessible anytime and anywhere. It is the uti sip online that gives you eases of access. You can easily interact with your fund house.You must make an investment which gives you complete peace of mind in future. Thus, the UTI schemes are such that enable investors to plan for the future. The investors get comprehensive support in mapping out retirement plans and have some well-designed plans like UTI – Retirement Benefit Pension Fund Investment. When any investment is made, the very first thing that pops up on the mind of the investors is how they can get a tax benefit from their investment. This is certainly not an exception with UTI SIP schemes. The oldest fund house of India, UTI offers mutual fund, which is tax saving. People across India are interested in investing in UTI SIP plans because of the reasons mentioned above. It offers manifold benefits, and there is no room for any fear while you make invest in UTI SIP plans. Investors who are keen on investing in SIP plans, here is the list of Best mutual funds to invest from UTI.
The performance of this particular UTI mutual fund is much better when compared with various other equity funds that are same. One year return from this plan is 7.49% while three-year returns are 7.65%. The profits of this scheme are pretty good against other large-cap mutual fund plans. To start with, an individual can invest 500 rupees every month.
If an investor is keen on investing in Gold, then UTI Gold Exchange Traded Fund is the ultimate option. This fund produced an astonishing return of 22% over the last year. But the investors must remember that they cannot expect such returns every time from gold. If an investor is planning to expand their holdings against risk, then it will be a fantastic idea to make the gold a part of their holdings.
Those who are planning to move away from gold and equity to debt, and then the UTI Gilt Fund will not be a bad option to invest. When you invest in this fund, the return that you will get after one year is 14% while five-year returns from this SIP scheme is 10.41% and ten-year returns from this scheme are slightly above 9%. If you are concerned about the safety of your investment as well as seeking higher returns, then invest in this fund. You can invest every month by buying units.
The midcap fund is for those who can take the risk. The short-term returns of all midcap funds have been terrible. But UTI midcap fund has produced a return of 2.38% in the last one year, and over the previous three years, it is 0.44%. The performance for the last 10years is stupendous. It has been 14%. Thus, this plan is solely for those who are keen on taking the risk. You can invest in this plan through Rs. 500 SIP every month.
Conclusion If you have a plan of investment, then investing in SIP is the best option and when it is SIP mutual funds investment, investing in UTI mutual fun. You will indeed benefit to a great extent.
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