Top 5 SIP Plans to Invest in for the Next 10 Years

At present, almost everyone is on the constant lookout for good investment options that can offer good returns with a lower amount of risk involved. Among all the available options, Systematic Investment Plans (often referred to as SIPs) definitely stand out for various reasons. They allow you to make regular investments as per your financial goals while offering a higher ROI as compared to other popular options.

Table of Content

• What is SIP?
• Top 5 Types of SIPs to Invest In
• Conclusion

What is SIP?

SIP, or Systematic Investment Plan, is a financial tool designed to make mutual fund investments in a streamlined manner. Here, you can choose a mutual fund scheme and invest a fixed amount at predetermined intervals, which can be weekly/monthly/quarterly/semi-annually, or annually. Simply put, SIPs are somewhat similar to a recurring deposit as you do not have to invest a lump sum amount. 

The only difference is that your money is being invested in mutual funds. This is an approach that encourages disciplined investment and is a preferred choice of investors with a low-risk appetite.

Top 5 Types of SIPs to Invest In

Given the number of options available in the market, it can be a little daunting to decide which SIP is best for you. If you’re also making Google searches like ‘best SIP plan for 5 years’ or ‘best SIP plan for 10 years,’ this is where your search ends.

Here are the top 5 systematic investment plans that you can consider:

Regular SIP

This is the most common type of SIP, which is often preferred by both new and seasoned mutual fund investors. In this type of systematic investment plan, you are required to invest a fixed amount of money at regular intervals. If you’re someone with a fixed, predictable source of income, this is undoubtedly the best SIP to invest in. Regular SIPs, as the name suggests, allow you to make consistent investments offering decent returns.

Flexible SIP

After regular SIPs, this is another type that has immense popularity among investors and will be relevant for the next few years as well. These plans are preferred due to the amount of flexibility they offer. In this, you aren’t required to invest a fixed amount every time, and it can be adjusted based on your current financial situation. If there are any fluctuations in your monthly income or expenses, you can increase/decrease the amount. Flexible SIPs are often considered a suitable choice for individuals with variable earnings, as they don’t let their investment portfolio get affected.

Top-Up SIP

Every individual’s investment requirements change over time, depending on financial goals and total income. A top-up SIP is an excellent choice for situations when you want to increase your investment at some point. These systematic investment plans allow you to periodically increase your investment amount by a certain amount. These plans can prove to be beneficial if you’re aiming to invest for your long-term goals.

Perpetual SIP

Generally, systematic investment plans, or SIPs, come with a fixed tenure such as 1, 3, or 5 years, and when the maturity period ends, you need to start again. But a perpetual SIP, on the other hand, continues for an indefinite period until you decide to either make any modifications or stop it altogether. These SIPs are considered ideal for those who want to make mutual fund investments in a consistent manner without having a fixed timeline in mind.

Trigger SIP

Trigger SIPs, as the name suggests, allow investors to decide exactly when they want their money to get invested. This type of SIP is more suitable for seasoned investors who understand market dynamics and want to capitalise on certain market opportunities. Here, you can set up a trigger, such as specific market events or indices, for your investment to take place.

Suggested Read: Best Mutual Funds for SIP Investment in 2025

Conclusion

Just like several other investment options, SIPs do have a ‘one-size-fits-all’ approach. The best SIP plan for you is the one that matches your financial goals and risk appetite. At Muthoot Finance, we offer a wide range of options that can cater to the diverse requirements of investors. Visit your nearest Muthoot Finance branch to know more.