Aditya Birla Sun Life Regular Savings Fund-Growth ★★ ★★★ Nav as on ₹ 40.0832 -0.16 (-0.41%) Things You should consider Annualized Return for 3 year: 0.98%

Suggested Investment Horizon: 1 – 3 years

Time taken to double money: 6.11 Years Tata Equity PE Fund Regular-Growth ★★★★ ★ Nav as on ₹ 131.5990 -2.81 (-2.09%) Things You should consider Annualized Return for 3 year: -1.02%

Suggested Investment Horizon: >3 years

Time taken to double money: 3.5 Years

SIP amount Scheme name Percentage (%) Rs 2,000 to 5,000 Axis Bluechip Fund - G 50 ICICI Prudential Regular Savings - G 50 Rs 5,000 to 10,000 Axis Bluechip Fund - G 30 ICICI Prudential Bluechip Fund - G 20 Aditya Birla Sun Life Regular Savings Fund - G 50 Above Rs 10,000 Axis Bluechip Fund - G 25 ICICI Prudential Bluechip Fund - G 15 Motilal Oswal Multicap 35 Fund - G 10 Aditya Birla Sun Life Regular Savings Fund -G 50

SIP amount Scheme name Percentage (%) Rs 2,000 to 5,000 Axis Bluechip Fund- G 65 ICICI Prudential Regular Savings - G 35 Rs 5,000 to 10,000 Axis Bluechip Fund- G 40 Motilal Oswal Multicap 35 Fund - G 25 ICICI Prudential Regular Savings - G 35 Above Rs 10,000 ICICI Prudential Bluechip Fund - G 30

Axis Bluechip Fund- G 15 Motilal Oswal Multicap 35 Fund - G 20 ICICI Prudential Regular Savings Fund -G 35

SIP amount Scheme name Percentage (%) Rs 2,000 to 5,000 SBI Magnum Multicap - G 50 ICICI Prudential Bluechip Fund - G 50 Rs 5,000 to 10,000 Motilal Oswal Multicap 35 Fund - G 30 Axis Bluechip Fund- G 20 ICICI Prudential Equity and Debt Fund - G 15 Mirae Asset Emerging Bluechip Fund- Regular Plan -G 35 Above Rs 10,000 ICICI Prudential Bluechip Fund - G 35 SBI Magnum Multicap - G 10 Mirae Asset Emerging Bluechip Fund- Regular Plan -G 30 ICICI Prudential Equity and Debt Fund - G 10 TATA Equity PE Fund - G 15

Here is a monthly update on our recommended mutual fund SIP portfolios. There is no change in our recommended SIP portfolios in August. If you are investing in these portfolios, you may continue to with your investments. Similarly, if you are looking for a ready-made SIP portfolios to achieve your long-term financial goals, you may invest in one of these portfolios, based on your risk profile and investment amount.These best mutual fund SIP portfolios are meant for investors looking to invest in a mix of mutual funds to achieve their various long-term financial goals. If you are looking for a ready-made mutual fund portfolio to achieve your long-term financial goals, you are at the right place. You can choose a portfolio, based on your risk profile and the SIP amount you plan to invest regularly. ETMutualFunds.com launched its recommended mutual fund portfolios to invest through SIPs in October 2016. Since then, we have been closely monitoring the schemes in these portfolios and coming up with an update on them regularly.We came up with these portfolios to help investors who find it extremely difficult to put together to a few schemes (or create a mutual fund portfolio, in technical parlance) that would help them to meet their various long-term financial goals. This is especially true for new investors.Indeed, creating a mutual fund portfolio involves several steps. To begin with, you should shortlist some schemes with a consistent long-term performance record. Next, you should pick the schemes that are in line with your risk profile and investment goals.Then you would hit the next roadblock: how to fix the composition of the portfolio? The task is not finished yet. You should also need to monitor and review the performance of the portfolio regularly and take remedial steps if needed. Many investors find the task a bit too difficult to handle.That is why we launched these SIP portfolios. ETMutualFunds.com 's best mutual fund SIP portfolios are meant for three different individual risk profiles: conservative, moderate and aggressive. We have also considered three SIP baskets – between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000 – while creating these portfolios. Take a look at our recommended portfolios.A word about the underperformance of Aditya Birla Sun Life Regular Savings Fund, a conservative hybrid fund, that is part of our recommended list. Aditya Birla Sun Life Regular Savings Fund has been in the fourth quartile for the last four months. The scheme was in the third quartile two months before that.Motilal Oswal Multicap 35 Fund, a multi cap scheme that is part of these portfolios, has been in the third quartile for the last two months; the scheme was in fourth quartile for two months before that.We will keep a close track of the performance of these schemes and update you regularly every month.Note, we have assumed that the investor is investing with an investment horizon of at least five years.Here is our methodology: ETMutualFunds.com has employed the following parameters for shortlisting the1.Rolled daily for the last three years.2.Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of return is said to be a geometric Brownian time series. These type of time series is difficult to forecast.ii) When H is less than 0.5, the series is said to be mean reverting.iii) When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series3.We have considered only the negative returns given by the mutual fund scheme for this measure.X =Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of Z4.It is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market.Average returns generated by the MF Scheme =[Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate}5.For Equity funds, the threshold asset size is Rs 50 crore1.Rolled daily for the last three years.2. Consistency in the last three years: Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of return is said to be a geometric Brownian time series. These type of time series is difficult to forecast.ii) When H is less than 0.5, the series is said to be mean reverting.iii) When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series3.We have considered only the negative returns given by the mutual fund scheme for this measure.X =Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of Z4.Fund Return – Benchmark return. Rolling returns rolled daily is used for computing the return of the fund and the benchmark and subsequently the Active return of the fund.5.For Debt funds, the threshold asset size is Rs 50 crore1.Rolled daily for the last three years.2.Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of return is said to be a geometric Brownian time series. These type of time series is difficult to forecast.ii) When H <0.5, the series is said to be mean reverting.iii) When H>0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series3.We have considered only the negative returns given by the mutual fund scheme for this measure.X = Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of Z4.i) Equity portion: It is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market.Average returns generated by the MF Scheme =[Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate}ii) Debt portion: Fund Return – Benchmark return. Rolling returns rolled daily is used for computing the return of the fund and the benchmark and subsequently the Active return of the fund.5.For Hybrid funds, the threshold asset size is Rs 50 crore