We all have heard the word mutual funds either from our friends or our family members or someone else. These are different from shares here you can invest in long periods and short periods both. Investing is a pretty good option for extra income over the long term or short term depending on your wish. People must have a decent knowledge of the market of shares or Best Mutual Funds for Monthly SIP before investing in it. Seeing others investing in a mutual fund and putting all their savings in the same mutual fund as the other person will be a foolish act.

If by any chance the fund falls you will be on the verge of bankruptcy, to avoid these mistakes we are here to provide the Best Mutual Funds for Monthly SIP. Now the question arises what SIP is? Systematic Investment Plan (SIP), here the investors can invest a certain amount of money per month without investing the whole amount at once for example

If you want to invest a total amount of Rs 1,00,000 and you have a monthly SIP of Rs 10,000 then you need to pay Rs 10000 each month for 10 months. There are options where SIP can be set in such a manner that it will provide a notification that your monthly SIP is pending or is gonna be deducted automatically from your account.

Here is a list of the Best Mirae Mutual Funds

• Mirae asset emerging bluechip fund direct growth – This fund has provided users with an annual return of 25.01% in the last three years and in the last five years it gave a return of 16.08%.

The minimum amount that needs to be invested here is Rs 100 only and the SIP amount is Rs 1000 only.

• Mirae asset large cap fund direct growth- this fund just like the previous fund has given the investors a significant return in the past five years it gave a return of 18.87% and in the past five years it gave a return of 12.92%.

           The minimum amount that needs to be invested here is Rs 5000 and the SIP is Rs 1000 only.

• Mirae asset tax saver fund direct plan growth – this fund just like the previous fund has given the investors a significant return in the past five years it gave a return of 24.16% and in the past five years it gave a return of 16.42%.

• Mirae asset hybrid equity fund direct growth- In the past five years this mutual fund has provided investors a profit of 17.58% and in the past three years it has a profit of 12.78%.

 The minimum amount that needs to be invested here is Rs 5000 and the SIP is Rs 1000 only.

• Mirae asset great consumer fund direct growth-  same like the other mutual funds even this is a very profitable mutual fund for the investors, in the past three years it gave a 23.8% to the investors and 16.11% in the last five years.

The minimum amount that needs to be invested here is Rs 5000 and the SIP is Rs 1000 only.

• Mirae debt fund direct growth– this fund just like the previous fund has given the investors a significant return in the past five years it gave a return of 4.12% and in the past five years it gave a return of 5.35%.

The minimum amount that needs to be invested here is Rs 5000 and the SIP is Rs 1000 only.

The above-mentioned mutual funds are the Best Mutual Funds for Monthly SIP. You can easily invest in any one of these and earn a huge amount of profit by investing in a proper time and you can also invest in SIPs. The above-mentioned mutual funds are also one of the best Best Mirae Mutual Funds, as discussed above the mutual funds have provided a good amount of returns to the investors.

Investing in mutual funds was an all time good idea for earning a good amount of extra money without working and just by investing some money and some time. If you are interested in SIP investments, having a knowledge of Best Mutual Funds for Monthly SIP is important.

We  all know investing your money in mutual funds or stocks is a bit risky and it can be disastrous if you put in a lot of money without the proper knowledge. But having proper knowledge of it can give you a good profit and a whole lot of returns from the Best Mirae Mutual Funds. 

It is recommended to gather the proper knowledge or to take advice from an experienced person or a broker who are expert in these tasks. The broker will charge a fee from the profit made, but it is better to pay something and receive a good amount of money instead of keeping everything on your own and keeping a chase to lose your money by not having proper knowledge about investing in mutual funds.  

The Conclusion

As discussed above we learned knowledge is very important as well as how to earn and how much to invest in SIPs per month. The Best Mutual Funds for Monthly SIP are discussed above and it must be remembered before performing any action ( purchasing mutual funds) you must always take advice or purchase mutual funds under some expert’s guidance.