Mutual Fund Minimum Investment SIP Plan Rs.100 Per Month (2024)

Factors To Consider Before Investing in Funds With Rs. 100 Minimum SIP

If you are considering investing in a scheme with a minimum subscription of Rs. 100, you need to be aware of the following factors:

• Your Risk Appetite

The amount you invest will depend on how much risk you want to take and how much money you can afford to lose. A higher risk profile may require lower initial investments, but it might also require more frequent investments to maintain your investment goals.

• Your Investment Goal and Horizon

If your goal is to earn interest on your investments and make regular contributions, then a scheme with a minimum subscription of Rs. 100 may not be appropriate for your needs. However, if, instead, your goal is to earn income from investments or make regular payments into one or multiple schemes, then this type of investment may be a good choice.

• Performance of Scheme

You should consider the performance of a scheme before investing in it if you have any doubts about its ability to meet your needs or expectations.

• Credentials of Fund House

SIPs are offered by many financial institutions, meaning it's essential to research the credentials of each one carefully. In addition, you'll want to ensure that the SIP can provide you with a good return on investment and that it has been established long enough to ensure stability.

• Expenses

You'll need to consider these costs when deciding whether or not a SIP is suitable for you. If the fee is too high, it may not be worth investing in this fund.

Best Funds: Overview

1) ICICI Prudential Technology Direct Plan-Growth

ICICI Prudential Technology Direct Plan-Growth is an Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. The ICICI Prudential Technology Direct Plan-Growth is rated Very High Risk. The minimum SIP Investment is set to ₹100.

The scheme will seek long-term capital appreciation by investing in equity and equity-related securities of technology and technology-dependent companies. A large share of the AUM will be invested in the stocks under the Benchmark Index. However, the scheme may also invest in other companies forming part of the Information Technology Services Industry.

2) Aditya Birla Sun Life Digital India Fund Direct-Growth

Aditya Birla Sun Life Digital India Fund Direct-Growth is an Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994.

The fund seeks capital growth, with a secondary objective of income generation focused on technology and technology-dependent companies. The scheme will follow a bottom-up approach to stock picking, adopting a blend of value and growth investing styles.

3) Nippon India Small Cap Fund Direct-Growth

Nippon India Small Cap Fund Direct-Growth is an Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995.

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of small-cap companies.

4) ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct-Growth

ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct-Growth is a Solution Oriented Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.

The scheme invests in equity and equity-related securities to generate capital appreciation. In addition, the scheme may also invest in Debt, Gold/Gold ETF/units of REITs & InvITs, and other asset classes as may be permitted from time to time for income generation/wealth creation.

5) ICICI Prudential Equity & Debt Fund Direct-Growth

ICICI Prudential Equity & Debt Fund Direct-Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993.

The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio of equities and related securities as well as fixed-income and money market securities.

You may also want to know the Top Mutual Funds for SIP to Invest

Wrapping Up

To invest as low as Rs. 100 per month is one of the most remarkable features of mutual fund investments. Keeping the minimum requirement low automatically expands the ambit.

Those who fall under the economically lower rung circles, youngsters just entering the professional space, or even students who depend on pocket money from parents can opt for mutual fund investments. SIPs for Rs 100, Rs 500, and Rs 1,000 per month are popular amongst various investor categories.

Disclaimer: This blog is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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Research Analyst - Bavadharini KS

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