Best Mutual Funds to Invest in 2022 India for Long Term

Mutual funds are the most preferred and popular investment vehicles for young investors. Investing in SIP mutual funds, specifically equity-oriented funds can help you achieve your long-term goals. As there are plenty of fund options available, choosing the best ones suitable for your goal and risk appetite can be challenging. However, we have listed out some of the top performers who have been consistently looking for investments in 2022. Let’s take a look.

Top 5 SIP Mutual Funds for Long-Term Investment in 2022

1. Canara Robeco Bluechip Equity Fund-Direct-Growth

Canara Robeco Bluechip Equity Fund is a large-cap equity fund that has delivered consistent returns over the last few years. The fund has an AUM of INR 5,069 Cr as of 31/10/2021, which is in existence for more than 8 years. NAV of the fund as of date is INR 45.03 with an expense ratio of 0.36%. It is one of the top-rated SIP mutual funds wherein you can start your investment with a minimum of INR 1,000 in SIP. Let’s take a look at the funds’ performance

The fund majorly invests in the technology and the financial sector. The following are the top 5 holdings of the fund:

2. Kotak Bluechip Fund-Direct-Growth

Kotak Bluechip Fund is a large-cap equity fund that has out-performed the benchmark for the last years. Fund’s NAV as of date is 405.48. The fund was launched in 2013 and has an AUM of INR 3,445 Cr as of 30/11/2021. Kotak Bluechip Fund is one of the best mutual funds for SIP that comes with an expense ratio of 0.84%. You can start SIP with a minimum of INR 1,000. Let’s take a look at the funds’ performance:

The fund majorly invests in technology, financial, and energy sectors. The following are the top 5 holdings of the fund:

3. Mirae Asset Emerging Bluechip Fund-Direct-Growth

Mirae Asset Emerging Bluechip Equity Fund is a large and mid-cap equity fund that has delivered top performance consistently over the last few years with the highest ratings in the category. The fund has an AUM of INR 21,231 Cr as of 30/11/2021, which is in existence for more than 10 years. NAV of the fund as of date is INR 104.30 with an expense ratio of 0.68%. It is one of the top-rated SIP mutual funds wherein you can start your investment with a minimum of INR 1,000 in SIP. Let’s take a look at the funds’ performance:

The fund majorly invests in financial and technology sectors. The following are the top 5 holdings of the fund:

4. PGIM India Midcap Opportunities Fund-Direct-Growth

PGIM India Midcap Opportunities Fund is a mid-cap equity fund that is a top performer in the category with the highest value research ratings. The fund has out-performed the benchmark consistently over the last few years. Fund’s NAV as of date is 47.28. The fund was launched in 2013 and has an AUM of INR 3,585 Cr as of 30/11/2021. PGIM India Midcap Opportunities Fund is one of the best mutual funds for SIP that comes with an expense ratio of 0.32%. You can start SIP with a minimum of INR 1,000. Let’s take a look at the funds’ performance:

The fund majorly invests in the engineering, financial, and technology sectors. The following are the top 5 holdings of the fund:

5. Quant Tax Plan-Direct-Growth

Quant Tax Plan is an ELSS fund that offers the benefit of long-term capital appreciation and the benefit of tax under section 80C of the IT Act. The fund has an AUM of INR 555 Cr as of 30/11/2021 with a NAV of INR 233.07 as of date. The expense ratio of the fund is 0.57%. It is important to note that the fund is locked in for 3 years in which you can invest a minimum of INR 500 via SIP. Let’s take a look at the funds’ performance:

The fund majorly invests in metals, FMCG, and services sectors. The following are the top 5 holdings of the fund:

You can choose the best SIP plans for your long-term goals based on various parameters such as consistency of return, ratings, category, and the overall performance of the fund. Make a choice that best suits your financial requirements.