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Top 7 Best Monthly Income Plan (MIP) based on performance 2019

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Top 7 Best MIP (Monthly Income Plan) Performance for 2019

Updated on January 24, 2020 , 136 views

The Monthly Income Plan is an open-ended Mutual Fund that predominantly invests its assets in fixed income instruments. Typically, monthly income plan is a combination of debt and equity assets, in which more 65% of the assets are invested in fixed income yielding instruments. However, the remaining assets of the monthly income scheme are invested in equity-linked instruments, like shares and stocks, that provide market-linked returns. The basic objective of the monthly income plan is to provide regular income to people. Also, a MIP Mutual fund offers an option of monthly as well as quarterly income, that people can choose according to their convenience. If you want to invest in monthly income plan, it is advised to consider a list of best monthly income plan offered by various Mutual Fund companies.

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Top 7 Monthly Income Plan (MIP) for 2019

FundNAVNet Assets (Cr)2018 (%)2017 (%)2016 (%)2015 (%)2014 (%)
Baroda Pioneer Conservative Hybrid Fund Growth ₹25.774
↑ 0.04
₹2510.43.97.18.95.9
ICICI Prudential MIP 25 Growth ₹45.708
↑ 0.10
₹1,7109.65.112.910.96.4
DSP BlackRock Regular Savings Fund Growth ₹37.531
↑ 0.12
₹2386.9-5.31110.74.8
Aditya Birla Sun Life Regular Savings Fund Growth ₹40.2807
↑ 0.10
₹1,7875.8-2.215.513.15.4
ICICI Prudential Monthly Income Plan Growth ₹48.1366
↑ 0.16
₹339
Invesco India Regular Savings Fund Growth ₹1,809.2
↑ 0.21
₹18
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jan 20

Best Performing MIP Funds Based on Performance of 2019

1. Baroda Pioneer Conservative Hybrid Fund

(Erstwhile Baroda Pioneer MIP Fund)

To generate regular income through investment in debt and money market instruments and also to generate long term capital appreciation by investing a portion in equity and equity related instruments.

Baroda Pioneer Conservative Hybrid Fund is a Hybrid - Hybrid Debt fund was launched on 8 Sep 04. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.4% since its launch.  Ranked 44 in Hybrid Debt category.  Return for 2019 was 10.4% , 2018 was 3.9% and 2017 was 7.1% .

Below is the key information for Baroda Pioneer Conservative Hybrid Fund

Baroda Pioneer Conservative Hybrid Fund
Growth
Launch Date 8 Sep 04
NAV (24 Jan 20) ₹25.774 ↑ 0.04   (0.16 %)
Net Assets (Cr) ₹25 on 31 Dec 19
Category Hybrid - Hybrid Debt
AMC Baroda Pioneer Asset Management Co. Ltd.
Rating
Risk Moderate
Expense Ratio 2.09
Sharpe Ratio 1.65
Information Ratio -0.74
Alpha Ratio -1.33
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,595
31 Dec 16₹11,538
31 Dec 17₹12,354
31 Dec 18₹12,836
31 Dec 19₹14,174

Baroda Pioneer Conservative Hybrid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Baroda Pioneer Conservative Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.8%
3 Month 1.9%
6 Month 2.8%
1 Year 11.9%
3 Year 7%
5 Year 7%
10 Year
15 Year
Since launch 6.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 10.4%
2017 3.9%
2016 7.1%
2015 8.9%
2014 5.9%
2013 16%
2012 6.1%
2011 12.3%
2010 -0.7%
2009 7.5%
Fund Manager information for Baroda Pioneer Conservative Hybrid Fund
NameSinceTenure
Hetal Shah1 Apr 0613.17 Yr.

Data below for Baroda Pioneer Conservative Hybrid Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash11.47%
Equity14.32%
Debt74.21%
Equity Sector Allocation
SectorValue
Financial Services6.95%
Technology2.27%
Energy1.42%
Consumer Defensive1.4%
Communication Services0.81%
Consumer Cyclical0.57%
Industrials0.51%
Health Care0.38%
Debt Sector Allocation
SectorValue
Government74.21%
Cash Equivalent11.47%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
62%₹17 Cr1,676,900
↑ 1,676,900
Cblo
CBLO | -
9%₹2 Cr
7.17% Govt Stock 2028
Sovereign Bonds | -
5%₹1 Cr130,000
7.59% Govt Stock 2026
Sovereign Bonds | -
4%₹1 Cr100,000
Net Receivable / Payable
Net Current Assets | -
3%₹1 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | HDFCBANK
2%₹1 Cr4,920
8.24% Govt Stock 2027
Sovereign Bonds | -
2%₹1 Cr50,000
7.59% Govt Stock 2029
Sovereign Bonds | -
2%₹1 Cr50,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 19 | INFY
2%₹1 Cr7,250
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 19 | HDFC
2%₹0 Cr2,000
↓ -1,500

2. ICICI Prudential MIP 25

The Scheme seeks to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. However, there can be no assurance that the investment objectives of the Scheme will be realized.

ICICI Prudential MIP 25 is a Hybrid - Hybrid Debt fund was launched on 30 Mar 04. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.1% since its launch.  Ranked 2 in Hybrid Debt category.  Return for 2019 was 9.6% , 2018 was 5.1% and 2017 was 12.9% .

Below is the key information for ICICI Prudential MIP 25

ICICI Prudential MIP 25
Growth
Launch Date 30 Mar 04
NAV (24 Jan 20) ₹45.708 ↑ 0.10   (0.22 %)
Net Assets (Cr) ₹1,710 on 31 Dec 19
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.99
Sharpe Ratio 1.91
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,642
31 Dec 16₹11,805
31 Dec 17₹13,330
31 Dec 18₹14,007
31 Dec 19₹15,347

ICICI Prudential MIP 25 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for ICICI Prudential MIP 25

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.9%
3 Month 3.1%
6 Month 5.6%
1 Year 10.3%
3 Year 8.7%
5 Year 8.5%
10 Year
15 Year
Since launch 10.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.6%
2017 5.1%
2016 12.9%
2015 10.9%
2014 6.4%
2013 22.5%
2012 5.9%
2011 17.3%
2010 -0.6%
2009 9%
Fund Manager information for ICICI Prudential MIP 25
NameSinceTenure
Rajat Chandak17 Feb 154.87 Yr.
Manish Banthia19 Sep 136.29 Yr.
Priyanka Khandelwal15 Jun 172.55 Yr.

Data below for ICICI Prudential MIP 25 as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash4.72%
Equity19.29%
Debt75.97%
Other0.03%
Equity Sector Allocation
SectorValue
Financial Services5.46%
Consumer Cyclical3.7%
Consumer Defensive1.97%
Industrials1.25%
Communication Services1.05%
Basic Materials0.82%
Energy0.75%
Technology0.55%
Health Care0.54%
Debt Sector Allocation
SectorValue
Corporate62.31%
Government13.66%
Cash Equivalent4.72%
Credit Quality
RatingValue
A20.98%
AA51.72%
AAA27.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Housing And Urban Development Corporation Ltd.
Debentures | -
6%₹107 Cr1,000
Essar Oil Limited
Debentures | -
6%₹101 Cr100
Aqua Space Developers Pvt. Ltd.
Debentures | -
6%₹100 Cr1,000
Talwandi Sabo Power Limited
Debentures | -
6%₹99 Cr1,000
MUTHOOT FINANCE LIMITED
Debentures | -
5%₹90 Cr900
Tata Steel Limited
Debentures | -
5%₹78 Cr490
Prestige Estates Projects Limited
Debentures | -
4%₹74 Cr750
TMF HOLDINGS LIMITED
Debentures | -
4%₹71 Cr700
Treps
CBLO/Reverse Repo | -
4%₹71 Cr
IDBI Bank Limited
Debentures | -
4%₹66 Cr694

3. DSP BlackRock Regular Savings Fund

(Erstwhile DSP BlackRock MIP Fund)

The scheme is seeking to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of quality debt securities. The scheme will also seek to generate capital appreciation by investing a smaller portion of its corpus in equity and equity related securities of the 100 largest corporates by market capitalisation, listed in India.

DSP BlackRock Regular Savings Fund is a Hybrid - Hybrid Debt fund was launched on 11 Jun 04. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 8.8% since its launch.  Ranked 22 in Hybrid Debt category.  Return for 2019 was 6.9% , 2018 was -5.3% and 2017 was 11% .

Below is the key information for DSP BlackRock Regular Savings Fund

DSP BlackRock Regular Savings Fund
Growth
Launch Date 11 Jun 04
NAV (24 Jan 20) ₹37.531 ↑ 0.12   (0.31 %)
Net Assets (Cr) ₹238 on 31 Dec 19
Category Hybrid - Hybrid Debt
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.38
Sharpe Ratio 0.71
Information Ratio -1.14
Alpha Ratio -4.41
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,479
31 Dec 16₹11,604
31 Dec 17₹12,877
31 Dec 18₹12,197
31 Dec 19₹13,036

DSP BlackRock Regular Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120
Invest Now

Returns for DSP BlackRock Regular Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 1.7%
3 Month 2.6%
6 Month 5.7%
1 Year 9.4%
3 Year 3.7%
5 Year 5.3%
10 Year
15 Year
Since launch 8.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 6.9%
2017 -5.3%
2016 11%
2015 10.7%
2014 4.8%
2013 18.5%
2012 5.4%
2011 15.3%
2010 2.5%
2009 5.2%
Fund Manager information for DSP BlackRock Regular Savings Fund
NameSinceTenure
Gopal Agrawal20 Aug 180.78 Yr.
Vikram Chopra17 Jul 162.87 Yr.
Jay Kothari16 Mar 181.21 Yr.

Data below for DSP BlackRock Regular Savings Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash1.45%
Equity24.99%
Debt73.55%
Equity Sector Allocation
SectorValue
Financial Services9.37%
Industrials4.72%
Consumer Cyclical2.17%
Health Care2.17%
Utility2.09%
Consumer Defensive1.37%
Energy1.29%
Basic Materials1.07%
Communication Services0.69%
Technology0.02%
Debt Sector Allocation
SectorValue
Government44.73%
Corporate28.83%
Cash Equivalent1.45%
Credit Quality
RatingValue
AA26.19%
AAA73.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
KKR India Financial Services Private Limited
Debentures | -
12%₹30 Cr24
HINDUSTAN PETROLEUM CORPORATION LIMITED
Debentures | -
9%₹21 Cr200
State Bank Of India
Debentures | -
7%₹16 Cr160
National Highways Authority Of India
Debentures | -
7%₹16 Cr150
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
6%₹15 Cr150
Power Grid Corporation Of India Limited
Debentures | -
5%₹11 Cr100
REC LIMITED
Debentures | -
5%₹11 Cr100
East-North Interconnection Company Limited
Debentures | -
4%₹10 Cr100
Power Grid Corporation Of India Limited
Debentures | -
4%₹10 Cr90
Rural Electrification Corporation Limited
Debentures | -
3%₹8 Cr75
↑ 75

4. Aditya Birla Sun Life Regular Savings Fund

(Erstwhile Aditya Birla Sun Life MIP II - Wealth 25 Plan)

An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.

Aditya Birla Sun Life Regular Savings Fund is a Hybrid - Hybrid Debt fund was launched on 22 May 04. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.3% since its launch.  Ranked 4 in Hybrid Debt category.  Return for 2019 was 5.8% , 2018 was -2.2% and 2017 was 15.5% .

Below is the key information for Aditya Birla Sun Life Regular Savings Fund

Aditya Birla Sun Life Regular Savings Fund
Growth
Launch Date 22 May 04
NAV (24 Jan 20) ₹40.2807 ↑ 0.10   (0.24 %)
Net Assets (Cr) ₹1,787 on 31 Dec 19
Category Hybrid - Hybrid Debt
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.82
Sharpe Ratio 0.64
Information Ratio -0.65
Alpha Ratio -3.84
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,540
31 Dec 16₹11,922
31 Dec 17₹13,773
31 Dec 18₹13,475
31 Dec 19₹14,260

Aditya Birla Sun Life Regular Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Aditya Birla Sun Life Regular Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month -0.1%
3 Month 0.6%
6 Month 2.9%
1 Year 6.1%
3 Year 4.9%
5 Year 6.8%
10 Year
15 Year
Since launch 9.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 5.8%
2017 -2.2%
2016 15.5%
2015 13.1%
2014 5.4%
2013 27.7%
2012 6.7%
2011 16.7%
2010 -0.6%
2009 7.6%
Fund Manager information for Aditya Birla Sun Life Regular Savings Fund
NameSinceTenure
Satyabrata Mohanty18 Jun 099.87 Yr.
Vineet Maloo26 Aug 153.68 Yr.
Pranay Sinha26 Aug 153.68 Yr.

Data below for Aditya Birla Sun Life Regular Savings Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash18.15%
Equity26.62%
Debt55.24%
Equity Sector Allocation
SectorValue
Financial Services10.35%
Industrials5.24%
Basic Materials2.61%
Energy2.14%
Health Care2%
Consumer Cyclical1.91%
Communication Services1.15%
Technology0.89%
Consumer Defensive0.33%
Debt Sector Allocation
SectorValue
Corporate45.1%
Government14.16%
Cash Equivalent14.12%
Credit Quality
RatingValue
A17.53%
AA20.62%
AAA56.58%
BBB2.88%
Below B2.39%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Limited
CBLO | -
8%₹157 Cr
Fullerton India Credit Company Ltd
Debentures | -
5%₹100 Cr1,000
U.P. Power Corporation Limited
Debentures | -
5%₹95 Cr1,007
Rural Electrification Corporation Limited
Debentures | -
3%₹64 Cr600
7.17% Govt Stock 2028
Sovereign Bonds | -
3%₹57 Cr5,545,400
SP Imperial Star Private Limited
Unlisted bonds | -
3%₹54 Cr40
HDB Financial Services Limited
Debentures | -
3%₹50 Cr500
6.35% Govt Stock 2020
Sovereign Bonds | -
3%₹50 Cr5,000,000
↑ 5,000,000
AXIS BANK LIMITED
Certificate of Deposit | -
3%₹49 Cr5,000
Net Receivables / (Payables)
Net Current Assets | -
2%₹45 Cr

5. ICICI Prudential Monthly Income Plan

The primary investment objective of the scheme is to generate regular income and secondary objective is to generate capital appreciation.

ICICI Prudential Monthly Income Plan is a Hybrid - Hybrid Debt fund was launched on 10 Nov 00. It is a fund with Moderate risk and has given a CAGR/Annualized return of 9.4% since its launch.  Ranked 36 in Hybrid Debt category. .

Below is the key information for ICICI Prudential Monthly Income Plan

ICICI Prudential Monthly Income Plan
Growth
Launch Date 10 Nov 00
NAV (25 May 18) ₹48.1366 ↑ 0.16   (0.34 %)
Net Assets (Cr) ₹339 on 30 Apr 18
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 2.49
Sharpe Ratio 0.85
Information Ratio -0.71
Alpha Ratio 0.35
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,475
31 Dec 16₹11,619
31 Dec 17₹12,517

ICICI Prudential Monthly Income Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Purchase not allowed

Returns for ICICI Prudential Monthly Income Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.8%
3 Month 2.2%
6 Month 1.9%
1 Year 5.5%
3 Year 7.6%
5 Year 9.1%
10 Year
15 Year
Since launch 9.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for ICICI Prudential Monthly Income Plan
NameSinceTenure

Data below for ICICI Prudential Monthly Income Plan as on 30 Apr 18

Asset Allocation
Asset ClassValue
Equity Sector Allocation
SectorValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

6. Invesco India Regular Savings Fund

(Erstwhile Invesco India Monthly Income Plan (MIP) Plus)

To generate regular income through a portfolio of fixed income securities, Gold ETFs and equity & equity related instruments.

Invesco India Regular Savings Fund is a Hybrid - Hybrid Debt fund was launched on 1 Jun 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 6.9% since its launch. .

Below is the key information for Invesco India Regular Savings Fund

Invesco India Regular Savings Fund
Growth
Launch Date 1 Jun 10
NAV (24 Apr 19) ₹1,809.2 ↑ 0.21   (0.01 %)
Net Assets (Cr) ₹18 on 31 Mar 19
Category Hybrid - Hybrid Debt
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 1.8
Sharpe Ratio 0.8
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,215
31 Dec 16₹11,432
31 Dec 17₹12,256
31 Dec 18₹12,712

Invesco India Regular Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Invesco India Regular Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jan 20

DurationReturns
1 Month 0.3%
3 Month 2.5%
6 Month 5.7%
1 Year 5.7%
3 Year 7.4%
5 Year 6.9%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for Invesco India Regular Savings Fund
NameSinceTenure

Data below for Invesco India Regular Savings Fund as on 31 Mar 19

Asset Allocation
Asset ClassValue
Equity Sector Allocation
SectorValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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