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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 September 23, 2020 , 773 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)2019 (%)2018 (%)2017 (%)2016 (%)2015 (%)
Baroda Pioneer Conservative Hybrid Fund Growth ₹27.5336
↑ 0.09
₹2610.43.97.18.95.9
ICICI Prudential MIP 25 Growth ₹47.4328
↑ 0.18
₹1,9169.65.112.910.96.4
DSP BlackRock Regular Savings Fund Growth ₹37.9401
↑ 0.21
₹1976.9-5.31110.74.8
Aditya Birla Sun Life Regular Savings Fund Growth ₹39.9429
↑ 0.19
₹1,1845.8-2.215.513.15.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Sep 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 6.5% 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 (25 Sep 20) ₹27.5336 ↑ 0.09   (0.34 %)
Net Assets (Cr) ₹26 on 31 Aug 20
Category Hybrid - Hybrid Debt
AMC Baroda Pioneer Asset Management Co. Ltd.
Rating
Risk Moderate
Expense Ratio 2.07
Sharpe Ratio 1.04
Information Ratio -0.23
Alpha Ratio 0.25
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,834
31 Aug 17₹11,701
31 Aug 18₹11,940
31 Aug 19₹13,392
31 Aug 20₹14,593

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 ₹367,070.
Net Profit of ₹67,070
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 25 Sep 20

DurationReturns
1 Month
3 Month 2.2%
6 Month 9.5%
1 Year 9.3%
3 Year 7.9%
5 Year 7.9%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.4%
2018 3.9%
2017 7.1%
2016 8.9%
2015 5.9%
2014 16%
2013 6.1%
2012 12.3%
2011 -0.7%
2010 7.5%
Fund Manager information for Baroda Pioneer Conservative Hybrid Fund
NameSinceTenure
Hetal Shah1 Apr 0614.43 Yr.

Data below for Baroda Pioneer Conservative Hybrid Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash13.4%
Equity18.53%
Debt68.07%
Equity Sector Allocation
SectorValue
Financial Services5.03%
Consumer Defensive3.65%
Health Care2.69%
Energy1.69%
Consumer Cyclical1.06%
Communication Services1%
Technology0.88%
Utility0.84%
Basic Materials0.79%
Industrials0.34%
Debt Sector Allocation
SectorValue
Government64.12%
Cash Equivalent13.4%
Corporate3.95%
Credit Quality
RatingValue
AA5.8%
AAA94.2%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.45% Govt Stock 2029
Sovereign Bonds | -
50%₹13 Cr1,276,900
7.17% Govt Stock 2028
Sovereign Bonds | -
5%₹1 Cr130,000
7.59% Govt Stock 2026
Sovereign Bonds | -
4%₹1 Cr100,000
Muthoot Finance Limited
Debentures | -
4%₹1 Cr10,000
8.24% Govt Stock 2027
Sovereign Bonds | -
2%₹1 Cr50,000
7.59% Govt Stock 2029
Sovereign Bonds | -
2%₹1 Cr50,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | ICICIBANK
2%₹0 Cr10,000
↑ 3,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
1%₹0 Cr1,800
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 29 Feb 20 | 500696
1%₹0 Cr1,250
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
1%₹0 Cr5,000

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 9.9% 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 (25 Sep 20) ₹47.4328 ↑ 0.18   (0.37 %)
Net Assets (Cr) ₹1,916 on 31 Aug 20
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.99
Sharpe Ratio 0.69
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 Aug 15₹10,000
31 Aug 16₹11,202
31 Aug 17₹12,517
31 Aug 18₹13,188
31 Aug 19₹13,998
31 Aug 20₹15,326

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 25 Sep 20

DurationReturns
1 Month 0.1%
3 Month 4.1%
6 Month 12.2%
1 Year 8.2%
3 Year 7.1%
5 Year 8.9%
10 Year
15 Year
Since launch 9.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.6%
2018 5.1%
2017 12.9%
2016 10.9%
2015 6.4%
2014 22.5%
2013 5.9%
2012 17.3%
2011 -0.6%
2010 9%
Fund Manager information for ICICI Prudential MIP 25
NameSinceTenure
Rajat Chandak17 Feb 155.54 Yr.
Manish Banthia19 Sep 136.96 Yr.
Priyanka Khandelwal15 Jun 173.22 Yr.

Data below for ICICI Prudential MIP 25 as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash3.63%
Equity18.46%
Debt77.91%
Equity Sector Allocation
SectorValue
Financial Services3.94%
Consumer Cyclical2.91%
Consumer Defensive2.46%
Energy1.38%
Industrials1.37%
Health Care1.28%
Technology1.2%
Basic Materials1.12%
Communication Services0.66%
Debt Sector Allocation
SectorValue
Corporate53.12%
Government24.79%
Cash Equivalent3.63%
Credit Quality
RatingValue
A21.42%
AA42.47%
AAA36.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.19% Govt Stock 2034
Sovereign Bonds | -
10%₹200 Cr20,500,000
↑ 12,000,000
5.77% GOI 2030
Sovereign Bonds | -
5%₹102 Cr10,500,000
↑ 10,500,000
Talwandi Sabo Power Limited
Debentures | -
5%₹97 Cr1,000
Essar Oil Limited
Debentures | -
5%₹96 Cr100
TMF Holdings Limited
Debentures | -
4%₹80 Cr700
↑ 700
Prestige Estates Projects Limited
Debentures | -
4%₹75 Cr750
Aqua Space Developers Pvt. Limited
Debentures | -
4%₹70 Cr694
↑ 694
Embassy Office Parks Reit
Debentures | -
4%₹69 Cr600
↑ 600
IDBI Bank Limited
Debentures | -
4%₹69 Cr694
7.57% Govt Stock 2033
Sovereign Bonds | -
3%₹54 Cr5,000,000

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 8.5% 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 (25 Sep 20) ₹37.9401 ↑ 0.21   (0.55 %)
Net Assets (Cr) ₹197 on 31 Aug 20
Category Hybrid - Hybrid Debt
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.38
Sharpe Ratio 0.17
Information Ratio -1.38
Alpha Ratio -7.99
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 Aug 15₹10,000
31 Aug 16₹11,210
31 Aug 17₹12,234
31 Aug 18₹12,612
31 Aug 19₹12,184
31 Aug 20₹12,944

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 25 Sep 20

DurationReturns
1 Month -0.5%
3 Month 2.7%
6 Month 13.8%
1 Year 5%
3 Year 2.1%
5 Year 5.3%
10 Year
15 Year
Since launch 8.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 6.9%
2018 -5.3%
2017 11%
2016 10.7%
2015 4.8%
2014 18.5%
2013 5.4%
2012 15.3%
2011 2.5%
2010 5.2%
Fund Manager information for DSP BlackRock Regular Savings Fund
NameSinceTenure
Vinit Sambre1 Jun 200.25 Yr.
Vikram Chopra17 Jul 164.13 Yr.
Jay Kothari16 Mar 182.46 Yr.

Data below for DSP BlackRock Regular Savings Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash1.72%
Equity23.83%
Debt74.45%
Equity Sector Allocation
SectorValue
Financial Services8.3%
Health Care3.98%
Industrials3.17%
Consumer Defensive2.8%
Technology2.54%
Consumer Cyclical2.09%
Basic Materials0.54%
Utility0.41%
Debt Sector Allocation
SectorValue
Government62.23%
Corporate12.22%
Cash Equivalent1.72%
Credit Quality
RatingValue
AA9.22%
AAA90.78%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
8%₹17 Cr150
7.32% Govt Stock 2024
Sovereign Bonds | -
8%₹16 Cr1,500,000
HINDUSTAN PETROLEUM CORPORATION LIMITED
Debentures | -
8%₹15 Cr140
KKR India Financial Services Private Limited
Debentures | -
7%₹14 Cr10
Power Grid Corporation Of India Limited
Debentures | -
6%₹12 Cr100
National Highways Authority Of India
Debentures | -
5%₹11 Cr100
Rec Limited
Debentures | -
5%₹11 Cr100
↑ 100
Indian Oil Corporation Limited
Debentures | -
5%₹11 Cr100
↑ 100
NTPC Limited
Debentures | -
3%₹6 Cr50
↑ 50
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
3%₹6 Cr51,988

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 8.8% 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 (25 Sep 20) ₹39.9429 ↑ 0.19   (0.49 %)
Net Assets (Cr) ₹1,184 on 31 Aug 20
Category Hybrid - Hybrid Debt
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.82
Sharpe Ratio -0.22
Information Ratio -1.48
Alpha Ratio -13.11
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 Aug 15₹10,000
31 Aug 16₹11,546
31 Aug 17₹13,058
31 Aug 18₹13,210
31 Aug 19₹13,219
31 Aug 20₹13,450

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 25 Sep 20

DurationReturns
1 Month -0.1%
3 Month 5%
6 Month 13.7%
1 Year 0.8%
3 Year 1.2%
5 Year 6.2%
10 Year
15 Year
Since launch 8.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 5.8%
2018 -2.2%
2017 15.5%
2016 13.1%
2015 5.4%
2014 27.7%
2013 6.7%
2012 16.7%
2011 -0.6%
2010 7.6%
Fund Manager information for Aditya Birla Sun Life Regular Savings Fund
NameSinceTenure
Satyabrata Mohanty18 Jun 0911.21 Yr.
Pranay Sinha26 Aug 155.02 Yr.
Dhaval Shah14 May 200.3 Yr.

Data below for Aditya Birla Sun Life Regular Savings Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash9.47%
Equity25.43%
Debt65.1%
Equity Sector Allocation
SectorValue
Financial Services8.51%
Basic Materials4%
Industrials3.79%
Communication Services2.58%
Energy1.76%
Technology1.34%
Consumer Cyclical1.29%
Health Care1.27%
Consumer Defensive0.76%
Debt Sector Allocation
SectorValue
Corporate44.5%
Government20.74%
Cash Equivalent7.37%
Securitized1.95%
Credit Quality
RatingValue
A11.88%
AA24.36%
AAA63.09%
BB0.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
U.P. Power Corporation Limited
Debentures | -
7%₹88 Cr936
Rural Electrification Corporation Limited
Debentures | -
5%₹55 Cr500
Fullerton India Credit Company Ltd
Debentures | -
4%₹51 Cr500
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED
Debentures | -
3%₹37 Cr300
U.P. Power Corporation Limited
Debentures | -
3%₹35 Cr352
U.P. Power Corporation Limited
Debentures | -
3%₹34 Cr352
INDIAN RAILWAY FINANCE CORPORATION LIMITED
Debentures | -
3%₹33 Cr300
8.25% Gujarat SDL 2024
Sovereign Bonds | -
2%₹27 Cr2,500,000
REC LIMITED
Debentures | -
2%₹27 Cr250
LIC Housing Finance Limited
Debentures | -
2%₹26 Cr250

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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