Safe And Sound

Birla Income Plus is an ideal fund for long-term investors

Background: Launched in October 1995, this fund has paid an aggregate dividend of 78.42 per cent. It carries no entry load. However, units redeemed within three months and less than Rs 5 lakh is subject to an exit load of 0.25 per cent.

Performance: This fund has posted impressive gains in the recent past by steadily maintaining a high-quality portfolio. This four star rated fund has been consistantly giving returns well above the category average in the past 1, 3 and 5 years. This, the fund has achieved by altering its portfolio maturity depending on market conditions.

 

The fund's average maturity has taken wild swings