Best SIP for Women: 5 Powerful Plans Starting at ₹500

Have you ever looked at your bank balance at the end of the month and thought, “Where did all my money go?” That used to be me too. In my early 20s, I’d save a bit, spend most, and had no idea what an SIP even was. But once I discovered how simple and affordable it could be to start investing—especially through the best SIP for women in India—it completely changed the way I looked at money.

Fast forward to today, I’ve not only built my own mutual fund portfolio, but I now help other women do the same—starting with just ₹500 a month. SIPs (Systematic Investment Plans) are one of the easiest ways to dip your toes into investing—without needing lakhs in the bank. And yes, ₹500 is enough to start.

Best SIP for Women in India: Plans With Risk Levels

Let’s walk through the best SIP for women in India—each chosen for its low entry point, solid returns, ease of use, and risk suitability. Whether you’re saving for travel, your child’s education, or your first home—there’s a SIP here for you.

Why This Isn’t Financial Advice

This blog is me sharing my personal research and experience—not professional financial advice. All investments carry risk. Please consult a certified financial advisor before making decisions.

1. Nippon India Small Cap Fund – Direct Plan – Growth (High Risk)

This was one of my first SIPs. It’s great for long-term wealth creation and suits women in their 20s and 30s with a slightly higher risk appetite.

• Minimum SIP: ₹100

• Returns (5Y CAGR): ~26%

• Risk Level: High

• Ideal For: Long-term goals like buying a home or early retirement

2. Axis Bluechip Fund – Direct Plan – Growth (Medium Risk)

Think of this like a safe friend who’s always reliable. It invests in large, stable companies.

• Minimum SIP: ₹500

• Returns (5Y CAGR): ~13%

• Risk Level: Medium

• Ideal For: First-time investors who want safety + decent returns

3. Parag Parikh Flexi Cap Fund – Direct Plan – Growth (Medium-High Risk)

This one gives you a bit of everything—Indian stocks, international exposure, and flexibility.

• Minimum SIP: ₹500

• Returns (5Y CAGR): ~20%

• Risk Level: Medium-High

• Ideal For: Women in their 30s building retirement or education funds

4. Mirae Asset Tax Saver Fund – Direct Plan – Growth (High Risk)

Want to save tax and grow your money? This ELSS (Equity Linked Saving Scheme) is a win-win.

• Minimum SIP: ₹500

• Returns (5Y CAGR): ~18%

• Risk Level: High

• Ideal For: Salaried women planning tax-saving investments

5. UTI Nifty Index Fund – Direct Plan – Growth (Low-Medium Risk)

If you want zero confusion and decent returns, index funds are your best friend.

• Minimum SIP: ₹500

• Returns (5Y CAGR): ~15%

• Risk Level: Low-Medium

• Ideal For: Busy women who want “set it and forget it” investing

Comparison Table: At a Glance

How to Start the Best SIP for Women (Step-by-Step)

Starting the best SIP for women is a lot like planting a tree. Before you plant a sapling, you ask yourself: Do I want fruits or flowers? Similarly, before starting a SIP, you need clarity on what you’re growing your money for—is it long-term wealth, short-term savings, or a tax break?

1. Pick the right “sapling”—choose a SIP based on your financial goal. Just like fruit trees and flower plants need different care, a long-term SIP for retirement looks very different from one meant for a short vacation.

2. Choose the soil wisely—use trusted platforms like Groww, Zerodha Coin, or Paytm Money to set up your SIP.

3. Water it regularly—set up auto-debit for your monthly SIP. Even ₹500, when “watered” consistently, can grow into something beautiful over time.

When I started, I didn’t even know what a “direct plan” meant. But I planted that ₹500 seed anyway—and month after month, I saw tiny signs of growth. Today, I sleep better knowing that my money is quietly taking root and growing—even on Sundays.

If you’ve never invested before, start with just one plan. Set a reminder to check in once a month, just like you’d check if your plant needs sun or water. The confidence you grow along the way? That’s the real fruit.

Investing Isn’t Just About Money

It’s about taking ownership of your future. It’s about no longer depending on someone else to “handle the finances.” It’s about knowing your worth—and backing it with action.

If you’re still hesitant, I encourage you to read this honest take on women and finance in India. It highlights why so many of us avoid money talk, and how we can break the cycle—one SIP at a time.

Final Thoughts

Every rupee you invest is a step toward freedom—from worrying about money, from relying on others, and from saying “I wish I had started earlier.”

If you’re reading this and still unsure, start small. Try one of the best SIP for women listed above for three months. Watch how it feels to invest in yourself. DM me if you get stuck—I’ve been there, and I promise it gets easier.

Disclaimer

Investing involves risk of loss. This article is not investment advice—just me, Pranjali Ghosh, sharing what I’ve learned and researched. For personalized advice, talk to a SEBI-registered financial advisor.

Pranjali Ghosh

Meet Pranjali Ghosh — a financial consultant based in Mumbai with an MBA in finance and a mission to help Indian women build clarity and confidence around money. From government schemes to mutual funds and everyday savings, she breaks down complex topics in simple, relatable ways. As a proud WTribe member, Pranjali shares what she’s learned — not from textbooks, but from real conversations with women who want to take charge of their financial lives.