Aditya Birla Sun Life India GenNext Direct Fund Growth - Latest NAV[150.87], MF Performance & Returns 2022

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Aditya Birla Sun Life India GenNext Direct Fund Growth
Equity
Sectoral / Thematic
Very High Risk
21.16%
3Y annualised
-1.34% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 21 Jan 2022₹150.87
Min. SIP amount₹1,000
Rating3
Fund size₹2,563.05Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns27.5%21.2%19.1%18.5%
Category average49.6%12.6%14.5%NA
Rank with in category545NA
Understand terms
Holdings (71)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity6.8%
HDFC Bank Ltd.
FinancialEquity4.3%
Bharti Airtel Ltd.
CommunicationEquity3.9%
Hindustan Unilever Ltd.
FMCGEquity3.0%
ITC Ltd.
FMCGEquity3.0%
Bajaj Finserv Ltd.
FinancialEquity2.5%
SBI Life Insurance Company Ltd.
FinancialEquity2.2%
Avenue Supermarts Ltd.
ServicesEquity2.2%
Tata Consumer Products Ltd.
FMCGEquity2.1%
Maruti Suzuki India Ltd.
AutomobileEquity1.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Sectoral / Thematic
Pros
3Y and 5Y annualised returns higher than category average
Lower expense ratio: 1.02%
Cons
1Y annualised returns lower than category average by 20.91%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
1.02%
30 Nov 2021 - 31 Dec 2021
1.04%
31 Oct 2021 - 30 Nov 2021
2.22%
30 Sep 2021 - 31 Oct 2021
1.04%
31 Aug 2021 - 30 Sep 2021
1.05%
31 Jul 2021 - 31 Aug 2021
1.08%
30 Jun 2021 - 31 Jul 2021
1.09%
31 May 2021 - 30 Jun 2021
1.10%
30 Apr 2021 - 31 May 2021
1.12%
31 Mar 2021 - 30 Apr 2021
1.06%
28 Feb 2021 - 31 Mar 2021
1.12%
31 Jan 2021 - 28 Feb 2021
1.07%
31 Dec 2020 - 31 Jan 2021
1.07%
30 Nov 2020 - 31 Dec 2020
1.07%
31 Oct 2020 - 30 Nov 2020
1.10%
30 Sep 2020 - 31 Oct 2020
1.10%
31 Aug 2020 - 30 Sep 2020
1.10%
31 Jul 2020 - 31 Aug 2020
1.11%
30 Jun 2020 - 31 Jul 2020
1.12%
31 May 2020 - 30 Jun 2020
1.14%
30 Apr 2020 - 31 May 2020
1.14%
31 Mar 2020 - 30 Apr 2020
1.29%
29 Feb 2020 - 31 Mar 2020
1.22%
31 Jan 2020 - 29 Feb 2020
1.23%
31 Dec 2019 - 31 Jan 2020
1.24%
30 Nov 2019 - 31 Dec 2019
1.25%
31 Oct 2019 - 30 Nov 2019
1.27%
30 Sep 2019 - 31 Oct 2019
1.29%
31 Aug 2019 - 30 Sep 2019
1.31%
31 Jul 2019 - 31 Aug 2019
1.43%
30 Jun 2019 - 31 Jul 2019
1.43%
31 May 2019 - 30 Jun 2019
1.44%
30 Apr 2019 - 31 May 2019
1.45%
31 Mar 2019 - 30 Apr 2019
1.45%
28 Feb 2019 - 31 Mar 2019
1.48%
31 Jan 2019 - 28 Feb 2019
1.48%
31 Dec 2018 - 31 Jan 2019
1.48%
30 Nov 2018 - 31 Dec 2018
1.49%
31 Oct 2018 - 30 Nov 2018
1.51%
30 Sep 2018 - 31 Oct 2018
1.51%
31 Aug 2018 - 30 Sep 2018
1.51%
31 Jul 2018 - 31 Aug 2018
1.52%
30 Jun 2018 - 31 Jul 2018
1.54%
31 May 2018 - 30 Jun 2018
1.32%
30 Apr 2018 - 31 May 2018
1.33%
31 Mar 2018 - 30 Apr 2018
1.35%
28 Feb 2018 - 31 Mar 2018
1.35%
31 Jan 2018 - 28 Feb 2018
1.34%
31 Dec 2017 - 31 Jan 2018
1.35%
30 Nov 2017 - 31 Dec 2017
1.37%
31 Oct 2017 - 30 Nov 2017
1.38%
Expense ratio, exit load and taxExpense ratio: 1.02%Inclusive of GST
Exit loadExit load of 1% if redeemed within 90 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementChanchal Khandelwal
Aug 2015 - Present
View details
Education
Mr. Khandelwal has done B.Com.(H) and MBA (Finance)
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Aditya Birla Retail Limited and Aditya Birla Management Corporation Ltd.
Also manages these schemes
Aditya Birla Sun Life India GenNext Fund IDCW
Aditya Birla Sun Life India GenNext Fund Growth
Aditya Birla Sun Life India GenNext Direct Fund IDCW
Aditya Birla Sun Life India GenNext Direct Fund Growth
Aditya Birla Sun Life Resurgent India Fund Series 3 Regular Growth
Aditya Birla Sun Life Resurgent India Fund Series 3 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 4 Regular IDCW
Aditya Birla Sun Life Resurgent India Fund Series 4 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 4 Direct IDCW
Aditya Birla Sun Life Resurgent India Fund Series 4 Regular Growth
Aditya Birla Sun Life Resurgent India Fund Series 5 Regular Growth
Aditya Birla Sun Life Resurgent India Fund Series 5 Regular IDCW
Aditya Birla Sun Life Resurgent India Fund Series 5 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 5 Direct IDCW
Aditya Birla Sun Life Special Opportunities Fund Regular Growth
Aditya Birla Sun Life Special Opportunities Fund Regular IDCW
Aditya Birla Sun Life Special Opportunities Fund Direct Growth
Aditya Birla Sun Life Special Opportunities Fund Direct IDCW
Fund house & investment objective
Aditya Birla Sun Life Mutual Fund
Rank (total assets)#4 in India
Total AUM₹2,68,154.71Cr
Date of Incorporation23 Dec 1994
 Aditya Birla Sun Life India GenNext Direct Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This sche
 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 23 Dec 1994. 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 ₹2,68,155 Cr and the Latest NAV as of 21 Jan 2022 is ₹150.87.
The Aditya Birla Sun Life India GenNext Direct Fund Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 90 days.
...Read more
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 Indi
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).
...Read more
Fund benchmarkS&P BSE 500 TRI
Scheme Information Document(SID)
Fund house contact details
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
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.camsonline.com
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FAQsHow to Invest in Aditya Birla Sun Life India GenNext Direct Fund Growth
You can easily invest in Aditya Birla Sun Life India GenNext Direct Fund Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Aditya Birla Sun Life India GenNext Direct Fund Growth from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Aditya Birla Sun Life India GenNext Direct Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Aditya Birla Sun Life India GenNext Direct Fund Growth provide?
The Aditya Birla Sun Life India GenNext Direct Fund Growth has been there from 01 Jan 2013 and the average annual returns provided by this
fund is 27.52% since its inception.
How much expense ratio is charged by Aditya Birla Sun Life India GenNext Direct Fund Growth?
The term Expense Ratio used for Aditya Birla Sun Life India GenNext Direct Fund Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Aditya Birla Sun Life India GenNext Direct Fund Growth is 1.02% as of 22 Jan 2022...
What is the AUM of Aditya Birla Sun Life India GenNext Direct Fund Growth?
The AUM, short for Assets Under Management of Aditya Birla Sun Life India GenNext Direct Fund Growth is ₹2,563.05Cr as of 22 Jan 2022.
How to Redeem Aditya Birla Sun Life India GenNext Direct Fund Growth?
If you want to sell your Aditya Birla Sun Life India GenNext Direct Fund Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Aditya Birla Sun Life India GenNext Direct Fund Growth?
You can select either SIP  or Lumpsum  investment of Aditya Birla Sun Life India GenNext Direct Fund Growth based on your investment objective and risk tolerance.
What is the NAV of Aditya Birla Sun Life India GenNext Direct Fund Growth?
The NAV of Aditya Birla Sun Life India GenNext Direct Fund Growth is ₹150.87 as of 21 Jan 2022.
What is the PE and PB ratio of Aditya Birla Sun Life India GenNext Direct Fund Growth?
The PE ratio ratio of Aditya Birla Sun Life India GenNext Direct Fund Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	27.5%	21.2%	19.1%	18.5%
Category average	49.6%	12.6%	14.5%	NA
Rank with in category	5	4	5	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	6.8%
HDFC Bank Ltd.	Financial	Equity	4.3%
Bharti Airtel Ltd.	Communication	Equity	3.9%
Hindustan Unilever Ltd.	FMCG	Equity	3.0%
ITC Ltd.	FMCG	Equity	3.0%
Bajaj Finserv Ltd.	Financial	Equity	2.5%
SBI Life Insurance Company Ltd.	Financial	Equity	2.2%
Avenue Supermarts Ltd.	Services	Equity	2.2%
Tata Consumer Products Ltd.	FMCG	Equity	2.1%
Maruti Suzuki India Ltd.	Automobile	Equity	1.9%

Rank (total assets)	#4 in India
Total AUM	₹2,68,154.71Cr

Date of Incorporation	23 Dec 1994

Fund benchmark	S&P BSE 500 TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹2,563.05Cr