Should I invest in ING MIP Fund-Half Yearly Dividend Option?

We don't give personal investment advice. ING MIP Fund-Half Yearly Dividend 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: 6.7%. 5-year CAGR: 1.55%.

ING

ING MIP Fund-Half Yearly Dividend 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	88 / 1129	Q1
1W	+0.11%	-13.04%	+13.15	223 / 1151	Q1
2W	-3.00%	-13.18%	+10.19	866 / 1149	Q4
1M	-3.21%	-13.26%	+10.06	858 / 1137	Q4
3M	-0.94%	-13.15%	+12.20	758 / 1116	Q3
6M	+3.99%	-15.45%	+19.44	183 / 906	Q1
YTD	+5.62%	-15.77%	+21.39	115 / 952	Q1
1Y	+7.11%	-13.09%	+20.19	244 / 820	Q2
2Y	+3.15%	-12.72%	+15.87	174 / 446	Q2
3Y	+2.46%	-11.01%	+13.47	151 / 385	Q2
4Y	+1.41%	-6.52%	+7.93	153 / 339	Q2
5Y	+1.55%	-7.36%	+8.91	144 / 314	Q2
7Y	+0.90%	+2.53%	-1.63	143 / 234	Q3
10Y	—	—	—	—	—
Inception	+0.90%	-13.63%	+14.53	417 / 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	+5.62%	+5.51%	+0.11	123 / 240
2013	-1.66%	-1.95%	+0.30	221 / 276
2012	+2.67%	+1.38%	+1.29	158 / 295
2011	-2.15%	-3.16%	+1.01	265 / 317
2010	+1.53%	-5.78%	+7.31	160 / 377
2009	+6.32%	-12.86%	+19.18	165 / 713
2008	-11.41%	-2.02%	-9.39	342 / 380
2007	+6.27%	+4.84%	+1.44	77 / 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

+0.90%

92 windows

min -11.8% · max 10.4%

63% positive

3-Year rolling

+0.76%

68 windows

min -1.4% · max 3.2%

74% positive

5-Year rolling

+0.69%

44 windows

min -0.5% · max 1.8%

93% positive

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

7-Year rolling

+0.68%

19 windows

min 0.2% · max 1.4%

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

4.81%

3-year · annualised

Sharpe ratio

-0.82

vs risk-free 6.5%

Sortino ratio

-1.17

Downside-only deviation

Max drawdown

-6.68%

Jan 2013 → Aug 2013

% positive months

66.7%

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	₹11.5149
8 Oct 2014	₹11.5099
7 Oct 2014	₹11.4971
1 Oct 2014	₹11.5021
30 Sep 2014	₹11.4909
29 Sep 2014	₹11.4980
26 Sep 2014	₹11.5085
25 Sep 2014	₹11.8707
24 Sep 2014	₹11.9083
23 Sep 2014	₹11.9192

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-Half Yearly Dividend 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-Half Yearly Dividend 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-Half Yearly Dividend 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-Half Yearly Dividend Option has delivered a absolute return of 7.11% — +20.19 pp ahead of the Income category average of -13.09%. The fund ranks #244 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ING MIP Fund-Half Yearly Dividend Option has delivered a CAGR of 2.46% — +13.47 pp ahead of the Income category average of -11.01%. The fund ranks #151 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, ING MIP Fund-Half Yearly Dividend Option has delivered a CAGR of 1.55% — +8.91 pp ahead of the Income category average of -7.36%. The fund ranks #144 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in ING MIP Fund-Half Yearly Dividend Option exactly 5 years ago would be worth approximately ₹108,003 today — a multiplier of 1.08×, based on the 5-year CAGR of 1.55%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in ING MIP Fund-Half Yearly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹632,887 today. That's an XIRR (money-weighted annualised return) of 2.10%.

ING MIP Fund-Half Yearly Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹891,651 — XIRR 1.68%.

On a 5-year basis, ING MIP Fund-Half Yearly Dividend Option ranks #144 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 1.55%.

The worst peak-to-trough decline ING MIP Fund-Half Yearly Dividend Option has experienced over the last 5-year window is 6.68% — its NAV fell from a high on 15 Jan 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-Half Yearly Dividend Option averaged 0.69% (best 1.81%, worst -0.52%). 93% of rolling windows ended positive. The 5-year Sharpe ratio is -1.14 — negative risk-adjusted performance.

In calendar year 2013, ING MIP Fund-Half Yearly Dividend Option returned -1.66% — beating the Income category average of -1.95% by 0.30 pp. It ranked #221 of 276 in its category that year.

ING MIP Fund-Half Yearly Dividend 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-Half Yearly Dividend 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: 6.7%. 5-year CAGR: 1.55%.

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