Aditya Birla Sun Life MIP (G)

Aditya Birla Sun Life MIP (G) is a scheme launched by Aditya Birla Sun Life Mutual Fund on November 20, 2000, and falls under the Conservative fund category. It currently manages an AUM of Rs NaN crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 1000. It charges an expense ratio of 2.21% (As on Apr 30, 2018)% for managing the portfolio.

• Investing Strategy:

  The primary objective of the scheme is to generate regular income so as to make monthly distributions to unit holders with the secondary objective being growth of capital. Income may be generated through the receipt of coupon payments, the amortization of the discount on debt instruments, receipt of dividends or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets primarily in fixed income securities, money market instruments, cash and cash equivalents while at the same time maintaining a small exposure to equity markets. (Monthly income is not assured and is subject to availability of distributable surplus.).

• Performance:

  Aditya Birla Sun Life MIP (G) trailing returns over different times are NA% (1 year), NA% (3 year) and NA% (5 year). The average annual return of this fund stands at NA%.