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Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Monthly Income Plan - MIP

Aditya Birla Sun Life Monthly Income Plan - MIP

(An Open Ended Income Scheme)

This fund provides a stable and steady flow of income
Aditya Birla Sun Life Monthly Income Plan - MIP

Investment Objective

BSL MIP seeks to provide regular income along with an opportunity to grow your money through fixed income investments and a limited exposure to the equity markets.

This product is suitable for investors who are seeking

  • Regular income with growth in capital over medium to long term.
  • Investments in various debt investments as well as equity and equity related investments (up to 15% of the scheme's money)

Fund Details

  • Fund Type - Open-Ended
  • Class - Income
  • Category - MIP
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Pranay Sinha & Mr. Vineet Maloo
  • Latest NAV - 45.207 (as on 01-Jun-2018)
  • Inception Date - Nov 20, 2000
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Fund Performance

Graphical Data Tabular Data

Trailing Return

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Funds are bucketed on various parameters with respect to other funds in their category.
*Annualized returns are displayed for 1 year and above.

Annualized Returns

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Annual Quarterly Monthly Weekly

Investment Performance - Regular Plan - Growth NAV as on December 30, 2010: Rs. 43.0220
Date of Inception: Nov 20, 2000 NAV Per
Unit. *
(Rs)		 Birla Sun
Life MIP (%)		 CRISIL MIP
Blended
Index # (%)		 CRISIL 10
Year Gilt
Index ##
(%)		 Value of Standard Investment of Rs 10000 in
Birla Sun
Life MIP
(Rs)		 CRISIL MIP
Blended
Index #
(Rs)		 CRISIL 10
Year Gilt
Index ##
(Rs)
Since inception till December 30, 2016 (CAGR) 10.0000 9.47 N/A N/A 43022 N/A N/A
December 31, 2015 to December 30, 2016 (Absolute) 38.9606 10.42 11.55 14.97 11042 11155 11497
December 31,2014 to December 31,2015 (Absolute) 37.0176 5.25 6.79 7.39 10525 10679 10739
December 31,2013 to December 31,2014 (Absolute) 32.0671 15.44 16.83 14.14 11544 11683 11414

# Scheme Benchmark, ## Additional Benchmark, *As on start of period considered above.

Past performance may or may not be sustained in future. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Performance of scheme may or may not be strictly comparable with that of its additional benchmark in view of hybrid nature of scheme. Total Schemes Co-Managed by Fund Managers is 4. Total Schemes managed by Mr. Vineet Maloo is 16. Total Schemes managed by Mr. Pranay Sinha is 6. Refer annexure on page no. 67 of Empower to know more on performance of schemes managed by Fund Managers. ‘Direct Plan’ is only for investors who purchase /subscribe Units in a Scheme directly with the Mutual Fund and is not available for investors who route their investments through a Distributor. For further details, Investors are advised to refer to Addendum no. 44/2012 dated December 27, 2012 available on our website www.birlasunlife.com.

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Fund Management

  • Mr. Pranay Sinha

    Total Experience : 13 years

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    Pranay Sinha is a Fund Manager with Aditya Birla Sun Life AMC Limited (ABSLAMC). Pranay has an overall experience of close to 13 years, with over a decade in fund management and trading in Indian Rates markets. He also has experience in currency trading.

    Prior to joining ABSLAMC in 2014, Pranay has worked with BNP Paribas Bank, Morgan Stanley Investment Management Private Limited and ICICI Prudential Asset Management Company Limited.

    Pranay has done his MBA from IIM Kolkata and holds a B.Tech degree in Aerospace Engineering from IIT Kharagpur.
  • Mr. Vineet Maloo

    Total Experience : ​11 years

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    Vineet has 7 years of experience. He has been providing analytical support to the Chief Financial Officer of Hindalco Industries Limited, prior to which he has worked with Aditya Birla Management Corporation Ltd.
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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.
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Your Investment Summary

  • Investment AmountRs 5000
  • Initial units per month 29.5
  • Current valueRs 50,000
  • Current NAV value 260
  • Current Units 30
  • XIRR

    Internal rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals.

         5.10%
  • Benchmark XIRR

    Internal Rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals for respective benchmark index.

         8%

Portfolio and Sector Holdings

Top 10 Holdings (As on 30.04.2018)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
1%: For redemption / switch-out of units within 1095 days from the date of allotment (% of applicable NAV) NIL : For redemption / switch-out of units after 1095 days from the date of allotment
**Exit Load is NIL for units issued in Dividend Reinvestment

Highlights

  • Regular Income
  • Capital Growth
  • Safety

Helps investors seeking additional source of regular income

Birla Sun Life Monthly Income Plan (BSL MIP) is an open-ended income scheme which seeks to create regular income through investments in fixed income securities so as to make monthly payments or distribution to unit-holders. Its secondary objective is growth of capital through investments in equity. Birla Sun Life MIP is primarily a debt oriented fund that seeks to ensure an uninterrupted flow to unit holders with an additional objective of capital growth.

Creating a more rewarding regular income stream

BSL MIP seeks to provide regular income with an opportunity to grow your money through fixed income investments and a limited exposure to equities. Under normal market conditions, it invests primarily in various debt securities, besides cash and cash equivalents. At the same time, it maintains a small exposure to equity markets. It also gets income from coupon payments from debt securities, the amortization of the discount on debt investments, dividends and purchase and sale of securities.

Discipline

The scheme would adopt a bottom-up approach to investing. The investment emphasis of the scheme will be in identifying companies with a strong competitive position in good businesses, and having quality managements. Essentially, the focus would be on long term fundamentally driven values. The fixed income investment strategy would emphasise investment in instruments that generate consistently superior yields at low levels of risk.

Aditya Birla Sun Life Monthly Income Plan - MIP

(An open ended income scheme. Monthly income is not assured and is subject to availability of distributable surplus)*

This product is suitable for investors who are seeking*

  • Regular income with growth in capital over medium to long term.
  • Investments in various debt investments as well as equity and equity related investments securities

 

*We recommend investors to consult their financial advisers in case of doubt about whether the product is suitable for them.

Moderate Risk
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Disclaimer

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.

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