Name: Aditya Birla Sun Life MIP Direct Growth
Brand: Aditya Birla Sun Life Mutual Fund

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Aditya Birla Sun Life MIP Direct Growth
Hybrid
Conservative Hybrid
Moderate Risk
1.68%
1Y return
-0.06% 1D
1M
6M
1Y
3Y
5Y
 NAV: 01 Jun 2018₹46.75
Min. SIP amountNA
Rating2star
Fund size₹92.06 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Conservative Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.7%6.8%8.1%NA
Category average14.2%7.4%7.4%NA
Rank with in categoryNANANANA
Understand termsinfo
Holdings (7)NameSectorInstrumentAssets
GOI
SovereignGOI Sec28.3%
GOI
SovereignGOI Sec17.1%
GOI
SovereignGOI Sec15.8%
IL&FS Tamil Nadu Power Company Ltd.
EngineeringDebenture11.9%
SD Corporation Pvt Ltd.
ConstructionDebenture10.4%
Sterlite Power Grid Ventures Ltd.
EngineeringDebenture5.8%
Jharkand Road Projects Implementation Co. Ltd.
ConstructionDebenture1.5%
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Hybrid Conservative Hybrid
thumb_up_altPros
5Y Returns are higher than the category average returns
thumb_down_altCons
Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Higher expense ratio - 1.59%
1Y Returns are lower than the category average returns
3Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Apr 2018 - Present
1.59%
31 Mar 2018 - 30 Apr 2018
1.59%
28 Feb 2018 - 31 Mar 2018
1.21%
31 Jan 2018 - 28 Feb 2018
1.19%
31 Dec 2017 - 31 Jan 2018
1.19%
30 Nov 2017 - 31 Dec 2017
1.19%
31 Oct 2017 - 30 Nov 2017
1.19%
Expense ratio, exit load and taxExpense ratio: 1.59%Inclusive of GST
Exit loadExit load of 1% if redeemed within 365 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund house & investment objective
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Aditya Birla Sun Life Mutual Fund
Rank (total assets)#4 in India
Total AUM2,68,154.71 Cr
Date of Incorporation23 Dec 1994
Aditya Birla Sun Life MIP Direct Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available t
Aditya Birla Sun Life MIP Direct Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 23 Dec 1994. Sunaina da Cunha is the Current Fund Manager of Aditya Birla Sun Life MIP Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,68,155 Cr and the Latest NAV as of 01 Jun 2018 is ₹46.75.
The Aditya Birla Sun Life MIP Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 365 days....Read more
Investment Objective
The scheme primarily seeks regular monthly income and also aims at capital growth with a predominant exposure to debt and money market instruments. Th
The scheme primarily seeks regular monthly income and also aims at capital growth with a predominant exposure to debt and money market instruments. The fund invests in a mix of high quality fixed income securities and a small portion in equities ( a maximum of 15%).
...Read more
Fund benchmarkCRISIL Hybrid 85+15 Conservative Index
descriptionScheme Information Document(SID)
Fund house contact details
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Address
One India Bulls Centre ,Tower 1, 17th Flr, Jupiter Mill Compound,841,S.B. Marg,Elphinstone Road Mumbai 400 013
Phone
022 43568000
Launch Date
23 Dec 1994
E-mail
[email protected]
Website
NA
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	1.7%	6.8%	8.1%	NA
Category average	14.2%	7.4%	7.4%	NA
Rank with in category	NA	NA	NA	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	28.3%
GOI	Sovereign	GOI Sec	17.1%
GOI	Sovereign	GOI Sec	15.8%
IL&FS Tamil Nadu Power Company Ltd.	Engineering	Debenture	11.9%
SD Corporation Pvt Ltd.	Construction	Debenture	10.4%
Sterlite Power Grid Ventures Ltd.	Engineering	Debenture	5.8%
Jharkand Road Projects Implementation Co. Ltd.	Construction	Debenture	1.5%

Rating	2
Fund size	₹92.06 Cr