Should I invest in ING MIP Fund?

We don't give personal investment advice. ING MIP Fund-Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.0%. 5-year CAGR: 5.22%.

ING

ING MIP Fund-Growth Option

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.04%	-9.99%	+10.03	92 / 1129	Q1
1W	+0.11%	-13.04%	+13.15	224 / 1151	Q1
2W	+0.37%	-13.18%	+13.56	107 / 1149	Q1
1M	+0.16%	-13.26%	+13.42	305 / 1137	Q2
3M	+2.50%	-13.15%	+15.65	94 / 1116	Q1
6M	+7.60%	-15.45%	+23.05	36 / 906	Q1
YTD	+10.89%	-15.77%	+26.67	9 / 952	Q1
1Y	+12.45%	-13.09%	+25.54	11 / 820	Q1
2Y	+7.67%	-12.72%	+20.39	74 / 446	Q1
3Y	+7.05%	-11.01%	+18.06	77 / 385	Q1
4Y	+5.48%	-6.52%	+12.00	97 / 339	Q2
5Y	+5.22%	-7.36%	+12.59	98 / 314	Q2
7Y	+4.69%	+2.53%	+2.16	90 / 234	Q2
10Y	—	—	—	—	—
Inception	+5.26%	-13.63%	+18.89	321 / 1199	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2014 YTD	+10.89%	+5.51%	+5.38	42 / 240
2013	+2.04%	-1.95%	+4.00	111 / 276
2012	+7.48%	+1.38%	+6.10	125 / 295
2011	+0.44%	-3.16%	+3.60	144 / 317
2010	+3.59%	-5.78%	+9.37	117 / 377
2009	+14.15%	-12.86%	+27.00	48 / 713
2008	-10.59%	-2.02%	-8.57	335 / 380
2007	+13.54%	+4.84%	+8.71	18 / 142
2006	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.03%

92 windows

min -11.0% · max 15.5%

92% positive

3-Year rolling

+4.64%

68 windows

min 1.9% · max 7.2%

100% positive

5-Year rolling

+4.63%

44 windows

min 3.0% · max 6.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+4.74%

19 windows

min 4.2% · max 5.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

3.63%

3-year · annualised

Sharpe ratio

0.11

vs risk-free 6.5%

Sortino ratio

0.23

Downside-only deviation

Max drawdown

-6.04%

May 2013 → Aug 2013

% positive months

77.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
9 Oct 2014	₹18.0970
8 Oct 2014	₹18.0892
7 Oct 2014	₹18.0691
1 Oct 2014	₹18.0769
30 Sep 2014	₹18.0593
29 Sep 2014	₹18.0705
26 Sep 2014	₹18.0868
25 Sep 2014	₹18.0296
24 Sep 2014	₹18.0867
23 Sep 2014	₹18.1032

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

ING MIP Fund-Growth Option is a Income from ING (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

ING MIP Fund-Growth Option has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

ING MIP Fund-Growth Option is managed by ING. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ING MIP Fund-Growth Option has delivered a absolute return of 12.45% — +25.54 pp ahead of the Income category average of -13.09%. The fund ranks #11 of 820 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ING MIP Fund-Growth Option has delivered a CAGR of 7.05% — +18.06 pp ahead of the Income category average of -11.01%. The fund ranks #77 of 385 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ING MIP Fund-Growth Option has delivered a CAGR of 5.22% — +12.59 pp ahead of the Income category average of -7.36%. The fund ranks #98 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in ING MIP Fund-Growth Option exactly 5 years ago would be worth approximately ₹128,994 today — a multiplier of 1.29×, based on the 5-year CAGR of 5.22%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in ING MIP Fund-Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹710,207 today. That's an XIRR (money-weighted annualised return) of 6.67%.

ING MIP Fund-Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,042,763 — XIRR 6.08%.

On a 5-year basis, ING MIP Fund-Growth Option ranks #98 out of 314 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -7.36%; this fund delivered 5.22%.

The worst peak-to-trough decline ING MIP Fund-Growth Option has experienced over the last 5-year window is 6.04% — its NAV fell from a high on 17 May 2013 to a low on 19 Aug 2013. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ING MIP Fund-Growth Option averaged 4.63% (best 5.96%, worst 2.96%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.39 — negative risk-adjusted performance.

In calendar year 2013, ING MIP Fund-Growth Option returned 2.04% — beating the Income category average of -1.95% by 4.00 pp. It ranked #111 of 276 in its category that year.

ING MIP Fund-Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ING MIP Fund-Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.0%. 5-year CAGR: 5.22%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.