Monthly Income Plan (MIP) Mutual Funds

Monthly income plans (MIP) are low risk mutual funds which invest in debt securities and deliver regular monthly income to investors. Monthly income are normally fixed term plans and appropriate for investors who seek regular risk free income over a period of time. Mentioned below is the list of monthly income plans in India:

Monthly Income Plan (MIP) Schemes	1 mth	3 mth	6 mth	1 yr▼	3 yr	5 yr	NAV	Size*
Taurus MIP Advantage Fund - Growth	3.69	4.23	6.33	11.44	NA	NA	11.27	0.00
HDFC Multiple Yield Fund - Growth	3.22	2.59	4.13	10.96	13.57	9.67	19.29	0.00
Religare Monthly Income Plan Plus - Growth	2.45	0.95	4.20	9.67	NA	NA	11.32	0.00
HDFC Multiple Yield Fund - Plan 2005 - Growth	1.99	1.88	3.17	8.79	13.12	9.49	17.43	0.00
DSP BlackRock MIP Fund - Growth	3.99	4.29	5.43	8.29	10.70	8.02	20.51	188.76
ICICI Prudential MIP 25 - Growth	5.27	2.75	2.88	7.50	12.64	6.99	20.49	0.00
Birla Sun Life Monthly Income - Growth	2.48	2.31	2.94	7.20	10.97	8.59	38.52	0.00
Birla Sun Life MIP - Growth	2.93	2.03	3.08	7.02	9.77	7.65	27.85	0.00
Edelweiss Monthly Income Plan - Growth	4.18	1.94	2.36	6.73	NA	NA	11.14	0.00
Kotak Monthly Income Plan - Growth	3.46	2.31	2.78	6.49	7.82	4.29	16.32	47.74
Sundaram Monthly Income Plan - Conservative - Growth	1.89	1.91	2.30	6.36	NA	NA	10.85	13.53
Principal Debt Savings Fund - MIP - Growth	1.48	2.03	2.77	6.07	8.71	7.95	22.24	49.01
L&T Monthly Income Plan - Growth	2.77	2.02	2.77	6.06	7.33	8.95	20.57	0.00
Bharti AXA Regular Return Fund - Eco - Growth	1.73	1.89	2.30	5.91	NA	NA	11.87	4.24
HSBC MIP - Regular Plan - Growth	2.50	2.31	2.72	5.75	7.95	7.42	17.70	126.64
Bharti AXA Regular Return Fund - Regular - Growth	1.71	1.82	2.17	5.65	NA	NA	11.78	4.24
UTI - MIS - Advantage Fund - Growth	3.56	1.44	0.64	5.43	10.63	7.75	20.83	0.00
Religare Monthly Income Plan - Growth	2.77	0.63	1.40	5.38	NA	NA	10.81	0.00
Sundaram Monthly Income Plan - Aggressive - Growth	4.52	0.85	-0.85	4.87	NA	NA	10.62	12.41
Axis Income Saver Fund - Growth	3.38	1.52	1.52	4.84	NA	NA	10.68	240.46
IDFC Savings Scheme - Series I - Growth	3.07	1.43	1.86	4.81	NA	NA	10.08	36.68
LIC Nomura MF Floater - Monthly Income Plan - Growth	3.56	0.38	1.48	4.76	9.02	7.99	18.81	102.66
ING MIP Fund - Growth	2.06	1.77	1.05	4.67	6.90	4.32	15.13	2.86
Sundaram Monthly Income Plan - Moderate - Growth	4.72	2.88	0.41	3.85	6.58	4.02	15.60	23.73
LIC Nomura Monthly Income Plan - Cumulative	3.36	0.45	0.76	2.79	7.63	6.29	33.10	76.00
ICICI Prudential Multiple Yield Fund - Plan B - Growth	4.90	3.49	3.66	NA	NA	NA	10.38	0.00
IDBI Monthly Income Plan - Growth	1.92	2.00	3.17	NA	NA	NA	10.61	0.00
Pramerica Dynamic Monthly Income Fund - Growth	2.78	2.08	2.89	NA	NA	NA	10.50	0.00
ICICI Prudential MIP 5 - Growth	1.76	1.99	3.83	NA	NA	NA	10.56	0.00
ICICI Prudential Multiple Yield Fund - Plan C - Growth	5.12	3.45	NA	NA	NA	NA	10.63	0.00
Axis Hybrid Fund - Series 1 - Growth	7.79	-1.37	NA	NA	NA	NA	11.30	141.73
L&T MIP Wealth Builder Fund - Growth	0.60	1.88	NA	NA	NA	NA	10.22	0.00
ICICI Prudential Multiple Yield Fund - Plan D - Growth	3.85	3.15	NA	NA	NA	NA	10.52	0.00

Mutual Fund Houses (AMCs) in India