Top Mutual Funds for SIP in India – List of SIP Schemes for 2026
Investors are always looking for a way to diversify their portfolios, even with limited capital. This is where SIP in mutual funds comes in. Investing in mutual funds via the Systematic Investment Plan (SIP) helps individuals select a mutual fund aligned with their preferences and benefit from the stock market’s gradual growth over time. In this blog, we will learn about SIP and how it works. We will also explore the top SIP mutual fund plans and how you can invest in them.
Top 10 Monthly Best SIP Plans (Based on 3Y CAGR)
Here is a list of some of the best-performing mutual funds in India
| Fund Name | Sub Category | AUM (in Cr.) | CAGR 3Y (%) | Expense Ratio (%) |
|---|---|---|---|---|
| HDFC Silver ETF FoF | FoFs (Domestic) - Silver | 4,433.98 | 55.40 | 0.23 |
| Kotak Silver ETF FoF | FoFs (Domestic) - Silver | 944.90 | 55.21 | 0.24 |
| ICICI Pru Silver ETF FOF | FoFs (Domestic) - Silver | 6,276.93 | 55.08 | 0.18 |
| Nippon India Silver ETF FOF | FoFs (Domestic) - Silver | 4,380.30 | 55.06 | 0.18 |
| Aditya Birla SL Silver ETF FOF | FoFs (Domestic) - Silver | 1,263.89 | 54.93 | 0.27 |
| Axis Silver FoF | FoFs (Domestic) - Silver | 1,160.50 | 54.93 | 0.07 |
| UTI Silver ETF FoF | FoFs (Domestic) - Silver | 596.59 | 54.81 | 0.12 |
| Edelweiss Gold and Silver ETF FoF | FoFs - Gold | 2,945.86 | 46.30 | 0.2 |
| Motilal Oswal Gold and Silver Passive FoF | FoFs - Gold | 2,652.42 | 41.51 | 0.14 |
| Edelweiss US Technology Equity FOF | FoFs (Overseas) | 3,255.17 | 38.06 | 1.48 |
Note: The data on the list of the best mutual funds for SIP is from 13th May 2026 and is derived from Tickertape Mutual Fund Screener, using the following filters:
- Plan: Growth
- SIP Investment: Allowed
- CAGR 3Y: Sorted from Highest to Lowest
🚀 Pro Tip: You can use Tickertape’s Mutual Fund Screener to research and evaluate funds with over 50+ pre-loaded filters and parameters.
Top Mutual Funds for SIP: An Overview
HDFC Silver ETF FoF
HDFC Silver ETF FoF is an open-ended fund of fund scheme that invests primarily in units of silver ETFs. The fund provides indirect exposure to silver prices without requiring physical storage. It aims to track the performance of domestic silver ETFs while offering liquidity and accessibility through the mutual fund route.
Kotak Silver ETF FoF
Kotak Silver ETF FoF is a passive fund of fund that invests in silver ETF units to provide exposure to silver as an asset class. The scheme allows investors to participate in silver price movements through a regulated mutual fund structure without directly holding physical silver.
ICICI Pru Silver ETF FOF
ICICI Pru Silver ETF FOF is a fund of fund scheme that invests mainly in units of silver ETFs managed within the mutual fund framework. The fund offers an alternative asset exposure linked to silver prices and can be used for diversification alongside traditional equity and debt investments.
Nippon India Silver ETF FOF
Nippon India Silver ETF FOF is designed to provide exposure to silver through investments in silver ETF units. The scheme follows a passive investment approach and enables participation in silver price trends without concerns related to storage, purity, or direct commodity handling.
Aditya Birla SL Silver ETF FOF
Aditya Birla SL Silver ETF FOF is a fund of fund that invests in silver ETFs to mirror the domestic price movement of silver. The scheme offers exposure to precious metals through the mutual fund route and may appeal to those seeking portfolio diversification across asset classes.
Axis Silver FoF
Axis Silver FoF is an open-ended fund of fund scheme that invests in units of silver ETFs. The fund gives indirect exposure to silver prices while avoiding the operational challenges of holding physical silver. It follows a passive structure linked to the underlying silver ETF portfolio.
UTI Silver ETF FoF
UTI Silver ETF FoF is a passive fund of fund that invests predominantly in units of silver ETFs. The scheme provides access to silver as an investment asset through a mutual fund format, offering ease of investment, liquidity, and transparency compared to physical silver ownership.
Edelweiss Gold and Silver ETF FoF
Edelweiss Gold and Silver ETF FoF is a multi-asset fund of fund that invests in both gold and silver ETF units. The scheme provides exposure to two precious metals within a single portfolio and aims to capture diversification benefits through allocation across gold and silver assets.
Motilal Oswal Gold and Silver Passive FoF
Motilal Oswal Gold and Silver Passive FoF is a passive fund of fund that invests in gold and silver ETFs. The scheme combines exposure to both precious metals in one portfolio and seeks to reflect the performance of the underlying ETF holdings without active asset selection.
Edelweiss US Technology Equity FOF
Edelweiss US Technology Equity FOF is an international fund of fund that invests primarily in overseas technology-focused equity funds. The scheme provides exposure to global technology companies across sectors such as software, semiconductors, cloud computing, and digital platforms through an internationally diversified portfolio.
What is an SIP?
A Systematic Investment Plan (SIP) is a method of investing in mutual funds where you invest a fixed amount regularly, usually monthly or quarterly. SIPs offer a disciplined approach to investing, allowing you to benefit from rupee-cost averaging and the power of compounding over time. This makes a SIP instalment a convenient and effective way to build wealth gradually without worrying about market timing or making a significant one-time investment.
In a mutual fund scheme, a set sum is automatically deducted from your savings or a current account on a monthly basis. Then, this amount is invested in your selected mutual fund. The investment scheme corresponds to a specific number of units in the chosen mutual fund, determined by the fund’s purchase price or Net Asset Value (NAV) on the transaction date.
How to Invest in Mutual Funds for SIP?
You can easily invest in SIP mutual fund plans by following these steps:
- To invest in mutual funds, you can visit an equity investment platform such as smallcase or Tickertape.
- The next step would be to research and identify the best SIP investment plans that align with your investment thesis. You can easily select and learn more about the mutual fund SIP for higher returns with the help of a financial tool like the Tickertape Mutual Fund Screener. With 50+ pre-loaded filters, it helps you to create a comprehensive list to conduct an SIP mutual funds comparison and analysis
- Once you have selected the mutual fund SIP schemes based on different metrics and parameters, go to smallcase.com or the smallcase app, and login via your phone number. Click on ‘Discover‘ and enter the name of the specific mutual fund in the search bar and hit enter. You can click on ‘invest now’ and select whether you want to invest a lump sum amount or start a SIP and start investing!
Features of the Best SIP
Here are some common features of SIP funds for beginners:
- Consistent Historical Performance: Investors can look at top SIP mutual funds with high returns and a consistent record across different market cycles. Past performance does not guarantee future returns, but it can show how the fund has handled different market conditions.
- Low Expense Ratio: A lower expense ratio shows better cost efficiency. Funds with lower fees allow investors to retain a larger share of their returns.
- Fund Manager Expertise: The fund manager plays an important role in managing the fund. An experienced manager can read market changes and adjust the fund strategy when needed.
- Diversified Portfolio: A diversified portfolio helps reduce risk. Funds that invest across sectors and asset classes offer a more balanced approach to wealth creation.
- Liquidity: Investors can check whether the fund has enough liquidity. This helps them buy or sell units more easily, especially during market fluctuations.
- Transparent Communication: A fund that shares clear information about its strategy, holdings, and plans can build investor trust. Regular updates and transparent reporting can support better decision-making.
Who Should Invest in the SIP for Mutual Funds?
- Young Earners: SIPs may suit individuals who have just started their careers. They allow gradual market participation and help build a regular saving habit over time.
- Salaried Professionals: People with regular income may use SIPs to invest a portion of their monthly savings for potential long-term market growth.
- Long-term Planners: Individuals planning for goals such as education, retirement, or property purchases may consider SIPs as a structured way to build a corpus over time.
- Conservative Investors: Some investors use SIPs in debt, equity, or hybrid funds to spread investments across asset classes while managing exposure to market volatility.
Risks Involved While Investing in the SIP Mutual Funds
- Market Fluctuations: The performance of different types of SIPs depends on market movements. Economic conditions, global events, and interest rate changes can affect returns, even for the top 5 mutual funds for SIP.
- Liquidity Risk: SIP investments usually offer liquidity, but some situations can affect redemptions. Extreme market conditions or fund-specific issues may temporarily affect liquidity, even if the mutual fund scheme usually allows easy exit.
- NAV Volatility: Net Asset Value, or NAV, represents the per-unit market value of a mutual fund on a specific date. NAV changes can affect the overall returns of even the best SIP funds. Investors should understand how market risks influence the NAV of the SIPs they choose.
- Fund-specific Risks: Every investment, including a good mutual fund for SIP, carries risks. These may include concentration risk, overexposure to specific sectors, or changes in fund management. Investors can review the fund’s offer document to understand these risks better.
Benefits of Investing in SIP Mutual Funds
- SIP Top-Up: SIP top-up lets investors increase their SIP amount by a fixed amount or percentage every year instead of starting a new SIP. This option can help them work towards financial goals faster and manage the impact of inflation. For those exploring the best SIP plans in India, the top-up option adds flexibility.
- Market Timing Irrelevant: SIPs reduce the need to time the market during bullish or bearish phases. By investing regularly over 1 year, 3 years, or longer, investors spread their risk and average the cost per unit. Monthly SIP mutual funds follow this approach and continue investments through market volatility.
- Financial Discipline: SIP investing encourages financial discipline through regular investments. Automated monthly debits from the bank account make the process systematic and easier to follow. This makes India’s best SIP plan for investment suitable for those who want consistency in financial planning.
- Power of Compounding: Compound interest allows small investments made over a long period to grow into a larger corpus. This is why the best SIP for long term investments can be useful for long-term wealth creation. Compounding remains an important factor for those assessing SIP investment options India.
- Minimal Initial Investment: Different types of SIPs allow investors to start with as little as ₹100 per month. This makes top SIP plans accessible to many investors, including those looking for the best mutual fund to explore now or the best SIP plan for 3 years.
Taxation on Mutual Funds for SIP
The taxation on capital gains from your mutual fund investments is based on their holding periods and asset allocation. Here’s the taxation on mutual funds:
Equity Mutual Funds
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 12 months | 15% | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 10% | 12.50% |
Debt Mutual Funds
| Capital Gains Tax | Holding Period | Old Rate | New Rate |
| Short-Term Capital Gains (STCG) | Less than 36 months | Taxed according to your income tax slab | Taxed according to your income tax slab |
| Long-Term Capital Gains (LTCG) | More than 36 months | 10% | 12.50% |
Hybrid Mutual Funds
| Type of Hybrid Fund | Short-Term Capital Gains (STCG) | Long-Term Capital Gains (LTCG) | Indexation Benefit |
| Equity-Oriented Hybrid Funds | 20% for holdings less than 1 year | 12.5% for holdings over 1 year, with gains up to Rs. 1.25 lakh tax-free | Not available |
| Debt-Oriented Hybrid Funds | Taxed as per income tax slab for holdings less than 3 years | 12.5% for holdings over 3 years | Not available |
Note: Mutual fund schemes where neither the equity nor debt orientation exceeds 65% will now be classified as long-term investments after 24 months. The previous holding period for these funds was 36 months. These will be taxed at the revised LTCG tax rate of 12.5%.
Factors to Consider Before Investing in the SIP Mutual Funds
- Risk Exposure: SIP mutual funds invest across different asset classes, and their performance can change based on market volatility and economic conditions.
- Investment Horizon: Returns from SIPs can vary depending on how long investors stay invested and how markets perform during that period.
- Fund Category: Equity, debt, and hybrid SIPs have different risk-return profiles. Their performance may differ across various economic and market cycles.
- Market Conditions: Broader market trends and sector movements can influence SIP investment performance over time.
- Expense Ratios: Fund management charges vary across schemes. Higher expense ratios can affect the overall returns generated by the fund.
- Historical Performance: Past performance can help investors understand how a fund handled different market conditions. However, historical returns do not guarantee future performance.
- Tax Implications: Tax rules differ across mutual fund categories, which can affect the post-tax returns earned by investors.
To Wrap It Up…
Choosing the right mutual fund for your SIP investment among over 5,500 available in India may seem daunting, but it’s crucial for financial success. Explore the SIP plans listed and use the smallcase SIP calculator to analyse their returns. Don’t forget to assess factors like fund house reputation, historical returns, NAV, and risk before making a decision. Explore some of the best SIP plans to invest in on smallcase for a comprehensive view.
Looking for a Loan Against Mutual Funds (LAMF)? Explore LAMF on smallcase –
You can now apply for a loan against mutual funds (LAMF) on smallcase. Explore the quick and paperless process with the following articles about the eligibility criteria, documents required, features, benefits and more on LAMF at smallcase!
Frequently Asked Questions (FAQs) on the Mutual Funds for SIP
Based on the 3-yr CAGR, here are the top mutual funds that allow SIP investments
– HDFC Silver ETF FoF
– Kotak Silver ETF FoF
– ICICI Pru Silver ETF FOF
– Nippon India Silver ETF FOF
– Aditya Birla SL Silver ETF FOF
Note: This data on short and long-term SIP funds is as of 13th May 2026. This information is intended for educational purposes and should not be construed as a recommendation or advice.
It depends on your investment goals. Your decision should align with key factors. Perpetual SIPs offer flexibility by eliminating an end date, allowing you to halt them at your discretion.
The best SIP mutual funds invest in a diversified portfolio of stocks, bonds, and other securities to maximise returns and manage risk effectively.
It is essential to verify the current lock-in period for specific SIPs by checking with the respective mutual fund companies or consulting updated financial sources.
A Systematic Investment Plan (SIP) is a method of investing in mutual funds. Instead of making a lump-sum investment, investors can spread their investment over time by investing a fixed amount regularly. SIPs work by leveraging the power of compounding and provide a disciplined approach to wealth creation.
