Is South Indian Bank a good buy?
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Is South Indian Bank a good buy?
The bank’s balance sheet is one of the strongest in the industry with a high Tier-1 capital, low RWA/IEA ratio (45\%) and negligible net NPLs (0.4\%). The asset quality of SIB has significantly improved over the past five quarters with GNPLs declining from 2.2\% in Q4 FY09 to 1.3\% in Q1 FY11.
Which Indian Bank is best for SIP?
5 Best Banking Funds SIP To Invest In India 2021
| Banking Mutual Funds | 1 Year Return | 5 Years Return |
|---|---|---|
| Tata Banking and Financial Services Fund | 71.13\% | 19.5\% |
| Invesco India Financial Services Fund | 74.97\% | 18.25\% |
| Sundaram Fin Services Opp Reg | 81.58\% | 16.63\% |
| Aditya Birla Sun Life Banking & Financial Services Fund | 92.4\% | 15.83\% |
Which is the best company to invest in SIP?
Best SIP Plans for the Year 2022
| Fund Name | Monthly Investment | 3 years Return |
|---|---|---|
| HDFC Balance Advantage Fund | 5000 | 14.39\% |
| ICICI Prudential Bluechip Fund | 5000 | 19.41\% |
| Kotak Standard Multicap Fund | 5000 | 14.15\% |
| Motilal Oswal Focused 25 Fund | 5000 | 20.01\% |
What is expected rate of return in SIP?
The table below shows the best equity funds:
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| Tata Digital India Fund Regular Growth | 34.23\% | 39.65\% |
| Quant Infrastructure Fund – Direct Plan-Growth | 26.84\% | 37.96\% |
| SBI Technology Opportunities Fund – Direct Plan – Growth | 30.2\% | 37.47\% |
| Quant Small Cap Fund – Direct Plan-Growth | 22.27\% | 37.14\% |
Why South Indian Bank’s mutual funds?
One of the preferred investment options for all those who want to play safe, yet save more than what traditional saving avenues offer. South Indian Bank has tied-up with the leading Mutual Funds, so that you may pick and choose, as per your investment goals. LIC Mutual Fund Asset Management Ltd.
Which is the best SIP mutual fund in India?
Top SIP Mutual Funds in India SIP Plans Type 3 Year 5 Year Aditya Birla Sun Life Medium Term Plan Debt Fund 8.39\% 9.13\% Aditya Birla Sun Life Savings Fund Debt Fund 7.53\% 8.03\% Aditya Birla Sun Life Short Term Fund Debt Fund 7.83\% 8.37\% Axis Blue Chip Fund Equity Fund 7.53\% 5.92\%
How to add Biller for SIP investment in SBI?
Now, log-in to your bank’s internet banking and follow the steps given below: Click on the bill payments option. Now click on register/ add new biller option. Select Biller- Mutual Funds option to add biller for SIP investments. Add the copied ‘Unique Registration Number.’
What are the benefits of SIP investment plan?
The benefit of compound interest ensures profitable long-term returns as compared to the one-time investment. 2x Higher Returns than RD: SIP Investment Plan offers double higher returns as compared to the conventional Fixed Deposits (FDs) and Recurring Deposits (RDs). SIP Plan helps to beat inflation in a much efficient manner.