Aditya Birla Sun Life MIP Direct Growth

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 ₹3,59,537 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 ₹1,000. 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%). ;