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The best SIP for five years will typically invest in equity mutual funds that have exposure to large-cap stocks or track the benchmark index (index fund). You can invest in these funds for goals such as buying a car, saving for a vacation, etc. The article lists the best SIP for 5 years.

Furthermore, you can use Scripbox’s SIP Calculator to estimate the potential returns from a fund. Based on the fund’s historic performance, the calculator estimates the returns for your investment duration. The calculator gives graphical and tabular return estimations that help you analyze returns.

Core Mutual Fund Portfolio
Core Mutual Fund Portfolio

A scientifically curated portfolio of mutual funds designed to provide growth as per your goal requirements, while managing risk.

Indicative returns of 10-12% annually

Indicative returns of 10-12% annually

Investment horizon of 1-3 Years

Investment horizon of 1-3 Years

3 Years of lock-in

3 Years of lock-in

Short term goals such as buying a car or funding a vacation

Short term goals such as buying a car or funding a vacation

One-click investing and tracking

One-click investing and tracking

Zero fees for all yours investments

Zero fees for all yours investments

Also, the calculator estimates returns on the basis of three growth scenarios – above-average, average, and below-average returns. You can use the calculator to test multiple scenarios and make better investment decisions. 

Best SIP Plans for 5 Years

Fund Name5 Yr CAGRExpense Ratio
Canara Robeco Bluechip Equity Fund12.90%1.9
Baroda BNP Paribas Large Cap Fund10.70%2.16
UTI Nifty Index Fund12.30%0.28
HDFC Index Nifty 50 Fund12.10%0.4
Axis Bluechip Fund12.90%1.63

1. Canara Robeco Bluechip Equity Fund

The Canara Robeco Bluechip Equity Fund is a large cap equity-oriented fund that invests majorly in companies with large market capitalization. The fund intends to generate long-term growth and wealth gain through its asset allocation methodologies. Scripbox recommends Canara Robeco Bluechip Equity Fund- Regular for a long-term investment within the large-cap mutual fund category. Long-term gains have regularly exceeded inflation under this plan. With a 12-year track record, the fund is a category. The fund size is large in comparison to other funds in its category. The fund ranks first in its category based on its average rolling returns. The blue-chip fund is suitable for investors who seek equity investments but do not want exposure to very high volatile stocks (small and mid-cap companies).

Fund Details

  • Minimum SIP Amount: ₹1,000
  • Minimum Lumpsum: ₹5,000
  • Expense Ratio: 1.90%
  • Benchmark: S&P BSE 100 India TR INR
  • Risk Level: Very High Risk
  • AMC: Canara Rebeco Mutual Funds

2. Baroda BNP Paribas Large Cap Fund for SIP

The scheme’s investment objective is to produce long-term capital growth from a diversified and actively managed portfolio. It invests in equities and equity-related instruments by investing primarily in companies with a large market capitalization. This fund is designed for participants with a minimum investment horizon of five years. Due to the nature of the fund, you should anticipate short-term volatility in your investments. According to the experts at Scripbox, Baroda BNP Paribas Large Cap Fund is a Top-Rated fund. Invest in the Baroda BNP Paribas Large Cap Fund if its investment objective and risk-o-meter align with your investment objectives and risk tolerance.

Fund Details

  • Minimum SIP Amount: ₹1,000
  • Minimum Lumpsum: ₹5,000
  • Expense Ratio: 2.16%
  • Benchmark: Nifty 100 TR INR
  • Risk Level: Very High Risk
  • AMC: Baroda Mutual Funds

3. UTI Nifty Index Fund for SIP

UTI Nifty Index Fund is an index mutual fund with unlimited investment potential. The fund replicates and follows the Nifty 50 Index by purchasing the same quantity and proportion of equities as the index. The Scheme does not invest in any active sector or stock that is not included in the selected index. UTI Nifty Index Fund has the lowest expense ratio. The Scheme is open to investors wanting to eliminate unsystematic risk in relation to a certain sector, industry, or firm. The product provides relatively inexpensive market exposure to the equity of leading corporations. These funds are also a good option for investors who favour predictable returns and are suitable for a minimum 5-year investment horizon.

Scripbox suggests UTI Nifty Index Fund as an investment under the category of index mutual funds.

Fund Details

  • Minimum SIP Amount: ₹1,000
  • Minimum Lumpsum: ₹5,000
  • Expense Ratio: 0.28%
  • Benchmark: IISL Nifty 50 TR INR
  • Risk Level: Very High Risk
  • AMC: UTI Mutual Funds

4. HDFC Index Nifty 50 Fund for SIP

The HDFC Index Nifty 50 is an index mutual fund that replicates the Nifty 50 Index. It mirrors the performance of the Nifty 50 Index by investing in the stocks of companies included in the index. It purchases the same number and proportion of equities as those in the index. Since the funds mirror and follow the Nifty 50, they are not prejudiced toward any sector or industry that is not represented by the chosen index. The scheme offers inflation-beating returns. The fund has a 19-year track record and has given significant returns over the years.

Index funds are ideal for investors with long-term asset accumulation objectives, such as retirement planning. In addition, the suggested investment duration is five years and more.

Fund Details

  • Minimum SIP Amount: ₹1,000
  • Minimum Lumpsum: ₹5,000
  • Expense Ratio: 0.40%
  • Benchmark: IISL Nifty 50 TR INR
  • Risk Level: Very High Risk
  • AMC: HDFC Mutual Funds

5. Axis Bluechip Fund for SIP

The Axis Bluechip Fund is a large-cap equity mutual fund that invests primarily in large-cap firms. It seeks to offer long-term capital appreciation and outperforms the benchmark with a lower level of risk than the benchmark. These funds are appropriate for investment objectives with a time horizon of 5 years and more. The 11-year-old fund has an excellent track record. The fund has consistently done well over time, and its returns are comparable to those of other mutual funds in the same category. Changes in interest rates have a negligible effect on the fund.

Fund Details

  • Minimum SIP Amount: ₹1,000
  • Minimum Lumpsum: ₹5,000
  • Expense Ratio: 0.40%
  • Benchmark: S&P BSE 100 India TR INR
  • Risk Level: Very High Risk
  • AMC: Axis Mutual Funds

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