Aditya Birla Sun Life MIP II Savings 5 Plan Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was introduced to investors on 01 May 2004. Sunaina da Cunha is the Current Fund Manager of Aditya Birla Sun Life MIP II Savings 5 Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹298 Cr and the Latest NAV as of 01 Jun 2018 is ₹33.50.
The Aditya Birla Sun Life MIP II Savings 5 Plan Growth is rated Moderate risk. Minimum SIP Investment is 1000. Exit load of 1% if redeemed within 730 days..
The scheme aims at long term capital appreciation by investing in a judicious mix of high quality fixed income securities and small portion in equity.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 730 days.