Fund Details
Aditya Birla Sun Life India GenNext Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.27% |
| NAV | ₹107.75 (22 Jan 2021) |
|---|---|
| Fund Started | 05 Aug 2005 |
| Fund Size | ₹1,842 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Age is more than 10 years
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
6. 10Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.33%
9. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
| Bharti Airtel Ltd. | Communication | Equity | 4.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.0% |
| ITC Ltd. | FMCG | Equity | 3.7% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.4% |
| Tata Consumer Products Ltd. | FMCG | Equity | 2.4% |
| Axis Bank Ltd. | Financial | Equity | 2.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.2% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 2.1% |
Fund Managers
Aditya Birla Sun Life India GenNext Fund Growth Details
Aditya Birla Sun Life India GenNext Fund Growth is a Equity Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 05 Aug 2005. Anil Shah, Chanchal Khandelwal is the Current Fund Manager of Aditya Birla Sun Life India GenNext Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,842 Cr and the Latest NAV as of 22 Jan 2021 is ₹107.75.
The Aditya Birla Sun Life India GenNext 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.
