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Aditya Birla Sun Life MIP Direct Growth-0.06%

1.68%
1 Year Return
Hybrid
Conservative Hybrid
2.0star
6M
1Y
3Y
5Y

Fund Details

Aditya Birla Sun Life MIP Direct Growth

RiskModerate
Min SIP AmountNot Supported
Expense Ratio1.59%
NAV₹46.75 (01 Jun 2018)
Fund Started01 Jan 2013
Fund Size92 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
1.7%
6.8%
8.1%
8.1%
Category Average
14.3%
5.8%
7.3%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 1.7% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.59%
3. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec28.3%
GOISovereignGOI Sec17.1%
GOISovereignGOI 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%

Fund Managers

Aditya Birla Sun Life MIP Direct Growth Details

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 01 Jan 2013. 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 ₹92 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.

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. The fund invests in a mix of high quality fixed income securities and a small portion in equities ( a maximum of 15%).

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 1% if redeemed within 365 days.
Exit Load

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About Aditya Birla Sun Life Mutual Fund

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
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,
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