What are some of the best mutual funds for a SIP investment in 2022?

The financial market has a plethora of options available in the market for an investor to meet their risk-reward appetite

Mutual Funds & SIP(Systematic Investment Plan) can be analogically compared to the Weapon and Bullet using which an investor can tide over the ups-downs of the stock market and create wealth

Now coming to the question,

Best mutual funds for a SIP in 2022

The categories for the same can be as follows:

1. Large-Cap
   1. Mirae Asset Large Cap Fund
   2. ICICI Prudential Bluechip Fund
2. Mid-Cap
   1. Nippon India Growth Fund
   2. Axis Midcap Fund
3. Small-Cap
   1. Kotak Small Cap Fund
   2. DSP Small Cap Fund
4. Balanced
   1. Mirae Asset Hybrid Equity Fund
   2. Canara Robeco Equity Hybrid Fund
5. ELSS
   1. Invesco India Tax Plan
   2. Tata India Tax Savings Fund

The options have been suggested based on their portfolio, assets under management, growth prospects, and expense ratio that are pivotal for wealth creation through the SIP Route.

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