Name: Aditya Birla Sun Life India GenNext Fund IDCW
Brand: Aditya Birla Sun Life Mutual Fund

Home>Mutual Funds>Aditya Birla Sun Life Mutual Fund>Aditya Birla Sun Life India GenNext Fund IDCW

bookmark_border
share
Aditya Birla Sun Life India GenNext Fund IDCW
Equity
Sectoral / Thematic
Very High Risk
58.06%
1Y return
-0.07% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 17 Sep 2021₹33.28
Min. SIP amountNA
Rating4star
Fund size₹2,417.27 Cr
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 returns58.1%19.2%16.4%17.6%
Category average49.6%12.6%14.5%NA
Rank with in category244NA
Understand termsinfo
Holdings (68)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity6.9%
HDFC Bank Ltd.
FinancialEquity5.2%
Hindustan Unilever Ltd.
FMCGEquity3.5%
Bharti Airtel Ltd.
CommunicationEquity3.4%
ITC Ltd.
FMCGEquity3.0%
Tata Consumer Products Ltd.
FMCGEquity2.8%
Axis Bank Ltd.
FinancialEquity2.4%
Bajaj Finserv Ltd.
FinancialEquity2.2%
Maruti Suzuki India Ltd.
AutomobileEquity2.1%
Avenue Supermarts Ltd.
ServicesEquity1.9%
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 consinfo
Category: Equity Sectoral / Thematic
thumb_up_altPros
Age is more than 10 years
1Y Returns are higher than the category average returns
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
10Y Returns are higher than the category average returns
thumb_down_altCons
Higher expense ratio - 2.19%
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 Aug 2021 - Present
2.19%
31 Jul 2021 - 31 Aug 2021
2.23%
30 Jun 2021 - 31 Jul 2021
2.25%
31 May 2021 - 30 Jun 2021
2.25%
30 Apr 2021 - 31 May 2021
2.29%
31 Mar 2021 - 30 Apr 2021
2.07%
28 Feb 2021 - 31 Mar 2021
2.20%
31 Jan 2021 - 28 Feb 2021
2.21%
31 Dec 2020 - 31 Jan 2021
2.23%
30 Nov 2020 - 31 Dec 2020
2.27%
31 Oct 2020 - 30 Nov 2020
2.31%
30 Sep 2020 - 31 Oct 2020
2.22%
31 Aug 2020 - 30 Sep 2020
2.32%
31 Jul 2020 - 31 Aug 2020
2.35%
30 Jun 2020 - 31 Jul 2020
2.37%
31 May 2020 - 30 Jun 2020
2.40%
30 Apr 2020 - 31 May 2020
2.46%
31 Mar 2020 - 30 Apr 2020
2.54%
29 Feb 2020 - 31 Mar 2020
2.43%
31 Jan 2020 - 29 Feb 2020
2.39%
31 Dec 2019 - 31 Jan 2020
2.43%
30 Nov 2019 - 31 Dec 2019
2.50%
31 Oct 2019 - 30 Nov 2019
2.52%
30 Sep 2019 - 31 Oct 2019
2.53%
31 Aug 2019 - 30 Sep 2019
2.55%
31 Jul 2019 - 31 Aug 2019
2.58%
30 Jun 2019 - 31 Jul 2019
2.57%
31 May 2019 - 30 Jun 2019
2.59%
30 Apr 2019 - 31 May 2019
2.60%
31 Mar 2019 - 30 Apr 2019
2.60%
28 Feb 2019 - 31 Mar 2019
2.33%
31 Jan 2019 - 28 Feb 2019
2.33%
31 Dec 2018 - 31 Jan 2019
2.33%
30 Nov 2018 - 31 Dec 2018
2.34%
31 Oct 2018 - 30 Nov 2018
2.36%
30 Sep 2018 - 31 Oct 2018
2.57%
31 Aug 2018 - 30 Sep 2018
2.56%
31 Jul 2018 - 31 Aug 2018
2.58%
30 Jun 2018 - 31 Jul 2018
2.64%
31 May 2018 - 30 Jun 2018
2.55%
30 Apr 2018 - 31 May 2018
2.60%
31 Mar 2018 - 30 Apr 2018
2.63%
28 Feb 2018 - 31 Mar 2018
2.62%
31 Jan 2018 - 28 Feb 2018
2.61%
31 Dec 2017 - 31 Jan 2018
2.60%
30 Nov 2017 - 31 Dec 2017
2.61%
31 Oct 2017 - 30 Nov 2017
2.61%
Expense ratio, exit load and taxExpense ratio: 2.19%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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementAnil Shah
Sep 2013 - Present
View details
keyboard_arrow_down
Education
Mr.Shah is a B.com, CA and a cost accountant
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with RBS Equities (India) Ltd. (formerly known as ABN AMRO Asia Equities (India) Ltd.) for around 15 years.
Also manages these schemes
Aditya Birla Sun Life Mid Cap Fund IDCW
Aditya Birla Sun Life Mid Cap Fund Growth
Aditya Birla Sun Life India GenNext Fund IDCW
Aditya Birla Sun Life India GenNext Fund Growth
Aditya Birla Sun Life Flexi Cap Fund IDCW
Aditya Birla Sun Life Flexi Cap Fund Growth
Aditya Birla Sun Life India GenNext Direct Fund IDCW
Aditya Birla Sun Life India GenNext Direct Fund Growth
Aditya Birla Sun Life Mid Cap Direct Fund IDCW
Aditya Birla Sun Life Mid Cap Direct Fund Growth
Aditya Birla Sun Life Flexi Cap Fund Direct Growth
Aditya Birla Sun Life Flexi Cap Fund Direct IDCW
Aditya Birla Sun Life Manufacturing Equity Fund Regular Growth
Aditya Birla Sun Life Manufacturing Equity Fund Direct IDCW
Aditya Birla Sun Life Manufacturing Equity Fund Regular IDCW
Aditya Birla Sun Life Manufacturing Equity Fund Direct Growth
Chanchal Khandelwal
Aug 2015 - Present
View details
keyboard_arrow_down
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
Fund house & investment objective
keyboard_arrow_down
Aditya Birla Sun Life Mutual Fund
Rank (total assets)#4 in India
Total AUM2,68,154.71 Cr
Date of Incorporation23 Dec 1994
Aditya Birla Sun Life India GenNext Fund IDCW is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made avail
Aditya Birla Sun Life India GenNext Fund IDCW 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 Fund IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,68,155 Cr and the Latest NAV as of 17 Sep 2021 is ₹33.28.
The Aditya Birla Sun Life India GenNext Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 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
descriptionScheme Information Document(SID)
Fund house contact details
keyboard_arrow_down
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
Compare funds
Aditya Birla Sun Life India GenNext Fund IDCW
VS
Add mutual fund to compare

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsFixed DepositGoldUS Stocks
GROWW
About UsPricingBlogMedia & PressHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww Digest
ⓒ 2016-2021 Groww. All rights reserved, Built with ♥in India

	1Y	3Y	5Y	All
Fund returns	58.1%	19.2%	16.4%	17.6%
Category average	49.6%	12.6%	14.5%	NA
Rank with in category	2	4	4	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	6.9%
HDFC Bank Ltd.	Financial	Equity	5.2%
Hindustan Unilever Ltd.	FMCG	Equity	3.5%
Bharti Airtel Ltd.	Communication	Equity	3.4%
ITC Ltd.	FMCG	Equity	3.0%
Tata Consumer Products Ltd.	FMCG	Equity	2.8%
Axis Bank Ltd.	Financial	Equity	2.4%
Bajaj Finserv Ltd.	Financial	Equity	2.2%
Maruti Suzuki India Ltd.	Automobile	Equity	2.1%
Avenue Supermarts Ltd.	Services	Equity	1.9%

Rating	4
Fund size	₹2,417.27 Cr