Can you suggest good SIP schemes

The fund names you have mentioned are all top performing amongst their respective categories. But before investing in them, you need to know your risk profile and the investment horizon. If your risk profile is high and investment tenure minimum 5 years then you can go ahead and invest in these funds.

As we mentioned above, mutual funds investments should be based on your risk profile and therefore there is nothing called best SIP in the market. The reason being the best SIP fund might not be suitable for your risk appetite.

Therefore the ideal situation for you would be to first assess your risk profile and then start investing in the suitable funds.

However, generally speaking, diversified equity funds are preferred choice of investors for achieving long term investing goals like, children education and retirement etc. Within diversified equity fund category, ICICI Prudential Value Discovery Fund, Mirae Asset India Opportunities Fund, Kotak Select Focus Fund and Birla Sun Life Advantage fund are some of the top performing funds.

Thanks for writing to Advisorkhoj.