Fund Details
Aditya Birla Sun Life MIP II Savings 5 Plan Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.05% |
| NAV | ₹33.50 (01 Jun 2018) |
|---|---|
| Fund Started | 01 May 2004 |
| Fund Size | ₹298 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.04608484%
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| SP Imperial Star Pvt. Ltd. | Services | Debenture | 10.1% |
| RKN Retail Pvt. Ltd. | Services | Debenture | 9.8% |
| IL&FS Tamil Nadu Power Company Ltd. | Engineering | Debenture | 8.6% |
| REC Ltd. | Financial | Debenture | 8.3% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 8.2% |
| Sterlite Power Grid Ventures Ltd. | Engineering | Debenture | 6.8% |
| Piramal Enterprises Ltd. | Healthcare | Debenture | 5.6% |
| Adani Power Ltd. | Engineering | Debenture | 5.6% |
| SD Corporation Pvt Ltd. | Construction | Debenture | 5.0% |
| Hero Realty Ltd. | Construction | Debenture | 4.8% |
Fund Managers
Aditya Birla Sun Life MIP II Savings 5 Plan Growth Details
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 made available 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 fund.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 set to 1000. 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.
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.
