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Mutual funds SIP collection rises 7.5% to Rs 8,231 crore in August

The total SIP contribution in the first five months of the current fiscal rose to Rs 41,098 crore as compared to Rs 36,760 crore in April-August 2018, as per the Association of Mutual Funds in India (AMFI)

 
 
Despite the net inflow, the net assets under management (AUM) of all mutual funds decreased by over 8 per cent month-on-month to Rs 23.79 lakh crore in end-June
Here is a list of top 5 mutual funds that have provided the maximum returns across 1 year, 3 year and 5 year tenure in open-ended equity fund category.
Investors should invest in accordance with their risk profile.  Riskometer is only one such tool to construct a balanced investment portfolio.
After all, SIP is based on the dual concepts of rupee cost averaging and the power of compounding. Here is how it works.
Equity mutual funds received massive net inflows to the tune of Rs 1.23 lakh crore between November 2016 and October 2017
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