Birla Sun Life Medium Term Plan

Birla Sun Life Medium Term Plan is an income fund managed by Maneesh Dangi. The scheme seeks to generate income by investing in debt securities and money market instruments. This is a good fund to have for your fixed income portfolio.

Suitable for what?

Akin to any income funds, Birla Sun Life Medium Term Plan is suitable for medium-term needs. In case you are saving for needs that are expected to come between the next 2 years to 5 years, then Birla Sun Life Medium Term Plan will be a good choice for you.

Not suitable for what?

Since debt instruments are not appropriate for long term needs, we suggest you to avoid Birla Sun Life Medium Term Plan for such goals. Debt in the long run falls behind the inflation rate and hence it does not become a viable option for long term goals.

How has Birla Sun Life Medium Term Plan performed in the past?

If you had invested Rs 1 lakh some 4.1 years back, your value of investments would be around Rs 1.39lakhs. If you had invested Rs 1 lakh for one year, your value of investments would be around Rs 1.11 lakhs. The performance has been better or similar to other debt mutual funds. It has been giving around 13% returns to those who have stayed invested for one year and 8.4% returns to those who have stayed invested for a period of four years.

Assume you had invested Rs 10,000 every month in Birla Sun Life Medium Term Plan through SIP for the past 4 years today you would have around Rs 6.07 lakhs.

Our recommendation for fresh investment
Recommended
Our recommendation for existing investment
Recommended
What are the charges applicable?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

If units are sold within 365 days, an exit load of 2% is deducted from your total returns. If units are sold after 365 days but before 730 days an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post 730 days. Expense ratio of Birla Sun Life Medium Term Plan is 1.50%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

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