Aditya Birla Sun Life MIP II Savings 5 Plan Direct Growth

Aditya Birla Sun Life MIP II Savings 5 Plan 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 II Savings 5 Plan Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,97,412 Cr and the Latest NAV as of 01 Jun 2018 is ₹34.45. The Aditya Birla Sun Life MIP II Savings 5 Plan Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. Exit load of 1% if redeemed within 730 days. ;

Investment Objective

The scheme primarily seeks to generate regular income through a predominant exposure to debt and money market instruments. It also aims at capital growth through a small equity exposure of up to 5 per cent. ;