Launched in May 2004, Birla Sun Life MIP II - Wealth 25 Plan is classified under the monthly income plan (MIP) aggressive category of CRISIL Mutual FundRanking. The fund has been constantly ranked in the top 30 percentile (CRISILFund Rank 1 or 2) in the past 12 quarters ended March 2017.
The primary objective of the fund is to generate regular income so as to make monthly payments with the secondary objective being growth of capital.
Superior performance
The fund has consistently outpaced its benchmark (CRISIL MIP Blended Index) and the category (schemes defined under the MIP aggressive category of