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WHICH IS THE BEST SCHEME FOR SIP INVESTMENTS?

Following mutual fund schemes have given returns in the range of 20% plus from a long time , i.e. since more than 15 years time frame
1 . Reliance Growth Fund - started in year 1995 - Rs 100,000/- invested at the start of this scheme has today grown to Rs 1,13,00,000/= giving a compounded annual return of approx 23%
2. Sundaram Mid Cap Find - started in the year 2002 - Rs 100,000/= invested at the start of the scheme has today grown to Rs 52,20,000/= giving a compounded annual return of 28%.

 Any scheme that generates returns of 20% plus per annum from a time frame of 15 years and more is a good one and investors can invest via SIP mode if you want to invest for a long time say 5 years or more.  Care should be taken to review the scheme performance every six months or one year to compare the scheme performance with bench mark index like CNX Nifty mid cap. And if the scheme performance fails below the benchmark index, then scheme should be changed to other good performing one. 

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