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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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Fund NAV Net Assets (Cr) 2023 (%) 2022 (%) 2021 (%) 2020 (%) 2019 (%) DSP BlackRock Regular Savings Fund Growth ₹51.6474
↑ 0.20 ₹172 12 3.5 7.8 9.3 6.9 ICICI Prudential MIP 25 Growth ₹66.8563
↑ 0.12 ₹3,397 11.4 5.1 9.9 10.9 9.6 Aditya Birla Sun Life Regular Savings Fund Growth ₹58.8577
↑ 0.17 ₹1,410 9.6 5.3 13.4 9.2 5.8 Baroda Pioneer Conservative Hybrid Fund Growth ₹30.2092
↑ 0.02 ₹33 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Mar 24
(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 Below is the key information for DSP BlackRock Regular Savings Fund Returns up to 1 year are on 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 Below is the key information for ICICI Prudential MIP 25 Returns up to 1 year are on (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 Below is the key information for Aditya Birla Sun Life Regular Savings Fund Returns up to 1 year are on (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 Below is the key information for Baroda Pioneer Conservative Hybrid Fund Returns up to 1 year are on 1. DSP BlackRock Regular Savings Fund
CAGR/Annualized
return of 8.6% since its launch. Ranked 22 in Hybrid Debt
category. Return for 2023 was 12% , 2022 was 3.5% and 2021 was 7.8% . DSP BlackRock Regular Savings Fund
Growth Launch Date 11 Jun 04 NAV (28 Mar 24) ₹51.6474 ↑ 0.20 (0.39 %) Net Assets (Cr) ₹172 on 29 Feb 24 Category Hybrid - Hybrid Debt AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.18 Sharpe Ratio 2.43 Information Ratio 0.18 Alpha Ratio 2.27 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.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,818 28 Feb 21 ₹11,811 28 Feb 22 ₹12,716 28 Feb 23 ₹13,087 29 Feb 24 ₹14,897 Returns for DSP BlackRock Regular Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Mar 24 Duration Returns 1 Month 0.9% 3 Month 2.3% 6 Month 7.1% 1 Year 14.9% 3 Year 7.9% 5 Year 7.8% 10 Year 15 Year Since launch 8.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 12% 2022 3.5% 2021 7.8% 2020 9.3% 2019 6.9% 2018 -5.3% 2017 11% 2016 10.7% 2015 4.8% 2014 18.5% Fund Manager information for DSP BlackRock Regular Savings Fund
Name Since Tenure Kedar Karnik 1 Jul 23 0.67 Yr. Jay Kothari 16 Mar 18 5.96 Yr. Abhishek Singh 31 May 21 2.75 Yr. Data below for DSP BlackRock Regular Savings Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 2.48% Equity 24.24% Debt 72.99% Other 0.29% Equity Sector Allocation
Sector Value Financial Services 11.01% Health Care 4.45% Consumer Cyclical 2.23% Technology 2.05% Basic Materials 1.82% Consumer Defensive 1.16% Energy 0.54% Utility 0.44% Communication Services 0.32% Industrials 0.21% Debt Sector Allocation
Sector Value Government 48.3% Corporate 24.69% Cash Equivalent 2.48% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -10% ₹17 Cr 1,700,000 National Housing Bank
Debentures | -9% ₹15 Cr 150 Indian Oil Corporation Limited
Debentures | -6% ₹11 Cr 100 7.06% Govt Stock 2028
Sovereign Bonds | -6% ₹10 Cr 1,000,000 7.1% Govt Stock 2029
Sovereign Bonds | -6% ₹10 Cr 1,000,000 Power Grid Corporation Of India Limited
Debentures | -6% ₹10 Cr 100 Rec Limited
Debentures | -6% ₹10 Cr 100 Power Finance Corporation Ltd.
Debentures | -4% ₹8 Cr 250 HDFC Bank Ltd (Financial Services)
Equity, Since 15 Jul 23 | HDFCBANK3% ₹5 Cr 38,867 7.37% Govt Stock 2028
Sovereign Bonds | -3% ₹5 Cr 500,000 2. ICICI Prudential MIP 25
CAGR/Annualized
return of 10% since its launch. Ranked 2 in Hybrid Debt
category. Return for 2023 was 11.4% , 2022 was 5.1% and 2021 was 9.9% . ICICI Prudential MIP 25
Growth Launch Date 30 Mar 04 NAV (28 Mar 24) ₹66.8563 ↑ 0.12 (0.18 %) Net Assets (Cr) ₹3,397 on 29 Feb 24 Category Hybrid - Hybrid Debt AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.74 Sharpe Ratio 2.91 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.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,976 28 Feb 21 ₹12,231 28 Feb 22 ₹13,279 28 Feb 23 ₹13,918 29 Feb 24 ₹15,903 Returns for ICICI Prudential MIP 25
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Mar 24 Duration Returns 1 Month 1.2% 3 Month 3.3% 6 Month 7.1% 1 Year 15.3% 3 Year 9.5% 5 Year 9.5% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 2023 11.4% 2022 5.1% 2021 9.9% 2020 10.9% 2019 9.6% 2018 5.1% 2017 12.9% 2016 10.9% 2015 6.4% 2014 22.5% Fund Manager information for ICICI Prudential MIP 25
Name Since Tenure Manish Banthia 19 Sep 13 10.45 Yr. Akhil Kakkar 22 Jan 24 0.11 Yr. Roshan Chutkey 2 May 22 1.83 Yr. Sharmila D’mello 31 Jul 22 1.59 Yr. Data below for ICICI Prudential MIP 25 as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 17.87% Equity 22.84% Debt 59.04% Other 0.25% Equity Sector Allocation
Sector Value Financial Services 7.9% Consumer Cyclical 3.29% Communication Services 2.89% Health Care 2.49% Basic Materials 2.18% Consumer Defensive 1.22% Utility 1.16% Industrials 0.79% Technology 0.67% Real Estate 0.25% Debt Sector Allocation
Sector Value Government 32.65% Corporate 29.58% Cash Equivalent 14.06% Securitized 0.62% Credit Quality
Rating Value A 7.05% AA 34.17% AAA 58.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -11% ₹379 Cr 37,658,050
↑ 15,000,000 8.1% Govt Stock 2034
Sovereign Bonds | -10% ₹356 Cr 35,904,750 7.26% Govt Stock 2033
Sovereign Bonds | -5% ₹156 Cr 15,431,800 7.38% Govt Stock 2027
Sovereign Bonds | -3% ₹116 Cr 11,500,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -2% ₹83 Cr 850 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIBANK2% ₹74 Cr 723,226 Yes Bank Limited
Debentures | -2% ₹63 Cr 650 Prestige Estates Projects Limited
Debentures | -2% ₹59 Cr 600 Dlf Cyber City Developers Ltd
Debentures | -2% ₹59 Cr 600 Bharti Telecom Limited
Debentures | -1% ₹50 Cr 500 3. Aditya Birla Sun Life Regular Savings Fund
CAGR/Annualized
return of 9.3% since its launch. Ranked 4 in Hybrid Debt
category. Return for 2023 was 9.6% , 2022 was 5.3% and 2021 was 13.4% . Aditya Birla Sun Life Regular Savings Fund
Growth Launch Date 22 May 04 NAV (28 Mar 24) ₹58.8577 ↑ 0.17 (0.28 %) Net Assets (Cr) ₹1,410 on 29 Feb 24 Category Hybrid - Hybrid Debt AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.88 Sharpe Ratio 1.32 Information Ratio 0.43 Alpha Ratio -1.31 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.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,443 28 Feb 21 ₹12,062 28 Feb 22 ₹13,441 28 Feb 23 ₹13,856 29 Feb 24 ₹15,382 Returns for Aditya Birla Sun Life Regular Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Mar 24 Duration Returns 1 Month 0.9% 3 Month 1.9% 6 Month 5% 1 Year 12.5% 3 Year 8.6% 5 Year 8.7% 10 Year 15 Year Since launch 9.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 9.6% 2022 5.3% 2021 13.4% 2020 9.2% 2019 5.8% 2018 -2.2% 2017 15.5% 2016 13.1% 2015 5.4% 2014 27.7% Fund Manager information for Aditya Birla Sun Life Regular Savings Fund
Name Since Tenure Dhaval Shah 14 May 20 3.8 Yr. Harshil Suvarnkar 22 Mar 21 2.94 Yr. Dhaval Joshi 21 Nov 22 1.28 Yr. Data below for Aditya Birla Sun Life Regular Savings Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 5.11% Equity 23.3% Debt 71.28% Other 0.3% Equity Sector Allocation
Sector Value Financial Services 6.69% Industrials 4.59% Consumer Cyclical 3.01% Technology 2.24% Basic Materials 1.96% Health Care 1.8% Consumer Defensive 1.28% Communication Services 0.95% Real Estate 0.49% Energy 0.29% Debt Sector Allocation
Sector Value Government 45.14% Corporate 26.15% Cash Equivalent 5.11% Credit Quality
Rating Value AA 5.85% AAA 94.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -8% ₹108 Cr 10,716,000
↑ 4,000,000 7.32% Govt Stock 2030
Sovereign Bonds | -5% ₹71 Cr 7,000,000 7.26% Govt Stock 2033
Sovereign Bonds | -4% ₹60 Cr 5,950,000 8.15% Govt Stock 2026
Sovereign Bonds | -3% ₹36 Cr 3,500,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK2% ₹32 Cr 302,135 7.17% Govt Stock 2030
Sovereign Bonds | -2% ₹30 Cr 3,000,000
↓ -500,000 Bajaj Housing Finance Limited
Debentures | -2% ₹30 Cr 300 Rural Electrification Corporation Limited
Debentures | -2% ₹26 Cr 250 Shriram Finance Limited
Debentures | -2% ₹25 Cr 2,500 7.1% Govt Stock 2029
Sovereign Bonds | -2% ₹25 Cr 2,500,000
↑ 1,500,000 4. Baroda Pioneer Conservative Hybrid Fund
CAGR/Annualized
return of 6.5% since its launch. Ranked 44 in Hybrid Debt
category. . Baroda Pioneer Conservative Hybrid Fund
Growth Launch Date 8 Sep 04 NAV (11 Mar 22) ₹30.2092 ↑ 0.02 (0.06 %) Net Assets (Cr) ₹33 on 31 Jan 22 Category Hybrid - Hybrid Debt AMC Baroda Pioneer Asset Management Co. Ltd. Rating ☆☆ Risk Moderate Expense Ratio 2.08 Sharpe Ratio 0.85 Information Ratio -0.38 Alpha Ratio 0.25 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,310 28 Feb 21 ₹12,593 28 Feb 22 ₹13,140 Returns for Baroda Pioneer Conservative Hybrid Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Mar 24 Duration Returns 1 Month -1.1% 3 Month -1.7% 6 Month -1.2% 1 Year 3.3% 3 Year 9.1% 5 Year 7.8% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for Baroda Pioneer Conservative Hybrid Fund
Name Since Tenure Data below for Baroda Pioneer Conservative Hybrid Fund as on 31 Jan 22
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity