Should I invest in ING MIP Fund-Monthly Dividend Option?

We don't give personal investment advice. ING MIP Fund-Monthly 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: 9.6%. 5-year CAGR: 0.79%.

ING

ING MIP Fund-Monthly 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	89 / 1129	Q1
1W	+0.11%	-13.04%	+13.15	219 / 1151	Q1
2W	-0.54%	-13.18%	+12.64	509 / 1149	Q2
1M	-0.76%	-13.26%	+12.50	547 / 1137	Q2
3M	-0.10%	-13.15%	+13.04	578 / 1116	Q3
6M	+3.32%	-15.45%	+18.77	230 / 906	Q2
YTD	+5.65%	-15.77%	+21.43	111 / 952	Q1
1Y	+6.20%	-13.09%	+19.29	283 / 820	Q2
2Y	+1.64%	-12.72%	+14.36	202 / 446	Q2
3Y	+1.35%	-11.01%	+12.36	178 / 385	Q2
4Y	+0.37%	-6.52%	+6.89	206 / 339	Q3
5Y	+0.79%	-7.36%	+8.15	170 / 314	Q3
7Y	+0.21%	+2.53%	-2.31	171 / 234	Q3
10Y	—	—	—	—	—
Inception	+0.03%	-13.63%	+13.66	509 / 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	+5.65%	+5.51%	+0.14	122 / 240
2013	-2.67%	-1.95%	-0.71	244 / 276
2012	+1.52%	+1.38%	+0.14	170 / 295
2011	-4.09%	-3.16%	-0.93	274 / 317
2010	+2.53%	-5.78%	+8.31	135 / 377
2009	+8.28%	-12.86%	+21.14	124 / 713
2008	-11.88%	-2.02%	-9.86	347 / 380
2007	+2.77%	+4.84%	-2.06	95 / 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

+0.08%

92 windows

min -12.5% · max 9.5%

51% positive

3-Year rolling

+0.28%

68 windows

min -2.4% · max 3.7%

60% positive

5-Year rolling

+0.37%

44 windows

min -0.7% · max 1.5%

64% positive

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

7-Year rolling

-0.05%

19 windows

min -0.7% · max 0.8%

42% 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

3.64%

3-year · annualised

Sharpe ratio

-1.40

vs risk-free 6.5%

Sortino ratio

-2.17

Downside-only deviation

Max drawdown

-7.76%

Jan 2013 → Aug 2013

% positive months

52.8%

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	₹10.8406
8 Oct 2014	₹10.8359
7 Oct 2014	₹10.8238
1 Oct 2014	₹10.8285
30 Sep 2014	₹10.8180
29 Sep 2014	₹10.8247
26 Sep 2014	₹10.8345
25 Sep 2014	₹10.8999
24 Sep 2014	₹10.9344
23 Sep 2014	₹10.9443

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-Monthly 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-Monthly 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-Monthly 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-Monthly Dividend Option has delivered a absolute return of 6.20% — +19.29 pp ahead of the Income category average of -13.09%. The fund ranks #283 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ING MIP Fund-Monthly Dividend Option has delivered a CAGR of 1.35% — +12.36 pp ahead of the Income category average of -11.01%. The fund ranks #178 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, ING MIP Fund-Monthly Dividend Option has delivered a CAGR of 0.79% — +8.15 pp ahead of the Income category average of -7.36%. The fund ranks #170 of 314 in its category — the third (Q3) quartile.

₹1 lakh invested in ING MIP Fund-Monthly Dividend Option exactly 5 years ago would be worth approximately ₹104,009 today — a multiplier of 1.04×, based on the 5-year CAGR of 0.79%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in ING MIP Fund-Monthly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹620,812 today. That's an XIRR (money-weighted annualised return) of 1.34%.

ING MIP Fund-Monthly 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 ₹877,338 — XIRR 1.23%.

On a 5-year basis, ING MIP Fund-Monthly Dividend Option ranks #170 out of 314 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -7.36%; this fund delivered 0.79%.

The worst peak-to-trough decline ING MIP Fund-Monthly Dividend Option has experienced over the last 5-year window is 9.56% — its NAV fell from a high on 25 Jul 2011 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-Monthly Dividend Option averaged 0.37% (best 1.53%, worst -0.73%). 64% of rolling windows ended positive. The 5-year Sharpe ratio is -1.58 — negative risk-adjusted performance.

In calendar year 2013, ING MIP Fund-Monthly Dividend Option returned -2.67% — lagging the Income category average of -1.95% by 0.71 pp. It ranked #244 of 276 in its category that year.

ING MIP Fund-Monthly 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-Monthly 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: 9.6%. 5-year CAGR: 0.79%.

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