Start Your Mutual Funds Investment with ₹100

Stepping into the world of investment, even with a small amount like ₹100, can be a significant step towards achieving financial security. In today’s world, financial stability is crucial, and even a modest investment can pave the way for a brighter future. Mutual funds, known for their popularity and accessibility, offer an attractive entry point for individuals seeking to embark on their investment journey. In this article, learn about mutual fund investment with ₹100.

How To Start Mutual Funds Investment With ₹100?

While investing in mutual funds, you can invest in two ways – lump sum or through a Systematic Investment Plan (SIP). 

SIPs offer a convenient and disciplined way to invest in mutual funds, allowing you to invest a fixed amount at regular intervals. This consistent investment, regardless of market fluctuations, helps you benefit from the power of compounding over time.

Simply choose a mutual fund aligned with your goals and risk tolerance, set up your SIP with a chosen amount and frequency (even as low as ₹100 monthly), and automate the process. This ensures consistent investment without manual intervention. Monitor and review your portfolio periodically to ensure it aligns with your evolving goals and adjust your strategy as needed. With rupee-cost averaging and compounding, SIPs allow you to build a significant investment corpus over time, starting with just a small amount.

10 Best Mutual Funds With ₹100 Investment

Note: The list of the best mutual funds with ₹100 Investment is as of December 8, 2023. The funds are listed and sorted as per the 5-year CAGR. 

Overview of Best Mutual Funds With ₹100 Investment

• Axis Small Cap Fund

This small-cap fund by Axis Mutual Fund was launched on November 29, 2013. The Assets Under Management (AUM) of this fund is ₹16,369.16 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of Axis Small Cap Fund is 31.51%. 

• ICICI Pru Smallcap Fund

ICICI Prudential Smallcap Fund was launched by ICICI Prudential Mutual Fund on October 18, 2007. The AUM of the fund is ₹6,002.84 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of ICICI Pru Smallcap Fund is 34.82%. 

• Nippon India Growth Fund

This mid-cap fund by Nippon India Mutual Fund was launched on October 08, 1995. The AUM of this fund is ₹19,081.97 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of Nippon India Growth Fund is 32.40%. 

• Bandhan Sterling Value Fund

Bandhan Sterling Value Fund was launched by Bandhan Mutual Fund on March 07, 2008. The AUM of the fund is ₹6,672.01 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of the Bandhan Sterling Value Fund is 31.62%. 

• ICICI Pru Equity & Debt Fund

This fund by ICICI Prudential Mutual Fund was launched on November 03, 1999. The AUM of this fund is ₹26,182.92 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of ICICI Pru Equity & Debt Fund is 26.85%. 

• Bandhan Core Equity Fund

Bandhan Core Equity Fund was launched by Bandhan Mutual Fund on August 09, 2005. The AUM of the fund is ₹2,889.52 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of the Bandhan Core Equity Fund is 25.54%. 

• Sundaram Multi Cap Fund

This multi-cap fund by Sundaram Mutual Fund was launched on October 25, 2000. The AUM of this fund is ₹2,039.73 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of Sundaram Multi Cap Fund is 25.17%. 

• ICICI Pru Multicap Fund

This fund by ICICI Prudential Mutual Fund was launched on October 01, 1994. The AUM of this fund is ₹8,760.66 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of ICICI Pru Multicap Fund is 25.18%. 

• Sundaram Focused Fund

This flexi-cap fund by Sundaram Mutual Fund was launched on November 11, 2005. The AUM of this fund is ₹893.50 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of Sundaram Focused Fund is 19.86%. 

• ICICI Pru Bluechip Fund

This large-cap fund by ICICI Prudential Mutual Fund was launched on May 23, 2008. The AUM of this fund is ₹41,269.16 crore, and the minimum SIP investment required is ₹100. The 3-yr CAGR of ICICI Pru Bluechip Fund is 21.45%. 

Conclusion

Starting your mutual fund investment journey with just ₹100 through an SIP is a prudent and accessible way to build wealth over time. However, it is important to consider your investment objectives and risk profile along with the fund’s performance before investing. As you embark on this financial venture, consider opening a Demat Account with Angel One today and explore various investment options. 

Disclaimer: This article has been written for educational purposes only. The securities quoted are only examples and not recommendations.