Balanced hybrid category of mutual funds aims to deliver capital appreciation by investing in equity and debt instruments with almost equal allocation in both the asset class. These funds provide capital gains through the equity instruments while the debt securities are used to reduce the risk factor while generating moderate capital appreciations. Such schemes are suitable for investors who are neither aggressive nor defensive in investments.
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|Fund Name||Latest NAV (₹)||Return (%)||Double Money In||1 Lac Grew To (₹)|
Franklin India Debt Hybrid Fund (G)
Moderate risk | Balanced Hybrid
Franklin India Pension Fund (G)
Moderate risk | Balanced Hybrid
MIP Aggressive is a sub-category of debt funds which allows the clients to invest a major portion in debt and relatively less proportion in the equities. As MIP aggressive schemes are debt funds, they invest heavily in money market instruments like debentures, corporate and government bonds, government and corporate securities, certificate of deposit, etc. It has 75-80% of its holdings in debt instruments and the remaining in shares and cash. The income a client earns from MIP may vary according to the option chosen by him. It means that the client need not select a monthly return option he/she can instead opt to receive a return on a quarterly, half-yearly or annual basis. Similar to other mutual fund schemes the clients get access to both the return options viz, dividend and growth. It solely depends on the clients behavior that how and what he has to withdraw.
MIP Aggressive mutual fund plays a very important role in the portfolio management of the clients who are in constant search for avenues which are capable of providing returns and security to the money at the same time.
Here are some important characteristics of MIP aggressive fund:
MIP Aggressive plans serve the same taxation period as any other mutual fund scheme. It means that the clients who hold their investment for less than a year will come under the category of short-term capital gains and does not receive any taxation profit. But, the clients who keep their investment intact for a period more than one year will have access to the benefits of long-term capital gains. The taxation bracket is 10% with indexation and 20% without indexation. The clients are eligible for either of them according to their income.
MIP aggressive scheme is a monthly income plan which allows the clients to generate a regular income from their investments during each month. The clients can even go for the quarterly and half-yearly income as well. But, in either of the situations the clients have access to a scheme which will shield their investments and make the clients earn a good return on their investments. MIP Aggressive is one of the best schemes for the risk-averse clients, who want to avail the benefits of mutual funds but in a guarded manner.
My SIP online will prove to be the one-stop destination for the clients and provides you the best schemes available under the MIP Aggressive plans with sip return calcullator tool for calculating the return for the investment. As an online service platform, we will bring to you an opportunity for investing sitting in your own comfort zone.
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