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Aditya Birla Sun Life India GenNext Direct Fund Growth+1.66%

16.35%
1 Year Return
Equity
Sectoral/Thematic
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Aditya Birla Sun Life India GenNext Direct Fund Growth

RiskHigh
Min SIP Amount₹1000
Expense Ratio1.07%
NAV₹118.15 (19 Jan 2021)
Fund Started01 Jan 2013
Fund Size1,842 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
16.4%
11.0%
18.2%
17.4%
Category Average
18.9%
7.3%
15.0%
-
Rank Within Category
8
2
4
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 16.4% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity6.6%
HDFC Bank Ltd.FinancialEquity5.7%
Bharti Airtel Ltd.CommunicationEquity3.9%
Hindustan Unilever Ltd.FMCGEquity3.8%
ITC Ltd.FMCGEquity3.5%
Kotak Mahindra Bank Ltd.FinancialEquity2.8%
Maruti Suzuki India Ltd.AutomobileEquity2.4%
Axis Bank Ltd.FinancialEquity2.4%
Tata Consumer Products Ltd.FMCGEquity2.3%
ICICI Lombard General Insurance Company Ltd.FinancialEquity2.1%
See All

Fund Managers

Aditya Birla Sun Life India GenNext Direct Fund Growth Details

Aditya Birla Sun Life India GenNext Direct Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anil Shah, Chanchal Khandelwal is the Current Fund Manager of Aditya Birla Sun Life India GenNext Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,842 Cr and the Latest NAV as of 19 Jan 2021 is ₹118.15.

The Aditya Birla Sun Life India GenNext Direct Fund Growth is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 90 days.

Investment Objective

The scheme aims to invest in equity/ equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation (Generation Next).

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

₹1000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 90 days.
Exit Load

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About Aditya Birla Sun Life Mutual Fund

Address
One India Bulls Centre ,Tower 1, 17th Flr, Jupiter Mill Compound,841,S.B. Marg,Elphinstone Road Mumbai 400 013
Phone
022 43568000
Launch Date
23 Dec 1994
Aditya Birla Sun Life Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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