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Aditya Birla Sun Life India GenNext Direct Fund-Growth
NAV as of(Aug 11, 2023)
₹ 178.06 -0.66 % 1-D Change
Returns 
17.43% p.a.
You get upto 1.06%extra returns
- Monthly SIP
Monthly SIP is not available for this fund - Lumpsum Lumpsum is not available for this fund
₹
Minimum SIP amount is ₹
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Minimum Lumpsum amount is ₹
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Scheme Details
| VRO Rating | |
| Expense ratio | 0.86% As on Jun 30, 2023 |
| Exit Load | 1.0% |
| AUM (Fund Size) | ₹ 4,025 Crs |
| Lock-in | No Lockin |
| Age | 10 yrs 7 m Since Jan 01, 2013 |
| Benchmark | NIFTY India Consumption TRI |
| Min. Investment | SIP ₹1000 & Lumpsum ₹1000 |
About Aditya Birla Sun Life India GenNext Fund
Aditya Birla Sun Life India GenNext Direct Fund-Growth is a Thematic-Consumption mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 10 yrs 7 m, having been launched on 01/01/2013. Aditya Birla Sun Life India GenNext Direct Fund-Growth has ₹4,025 Crores worth of assets under management (AUM) as on 30/06/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.86%, which is less than what most other Thematic-consumption funds charge.
.....- Aditya Birla Sun Life India GenNext Direct Fund-Growth returns of last 1-year are 13.80%. Since launch, it has delivered 17.45% average annual returns. The fund has doubled the money invested in it every 3 yrs.
- Aditya Birla Sun Life India GenNext Direct Fund-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
- The fund has the majority of its money invested in Consumer Staples, Financial, Services, Automobile, Consumer Discretionary sectors. It has taken less exposure in Consumer Staples, Financial sectors compared to other funds in the category.
- The fund's top 5 holdings are in ITC Ltd., ICICI Bank Ltd., HDFC Bank Ltd., Hindustan Unilever Ltd., Bharti Airtel Ltd..
Investment Returns Calculator
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Latest Asset & Portfolio Allocation
as on Jul 31, 2023Top Stock Holdings
Allocation by Market Cap
Large Cap 63.62%
Mid Cap 21%
Small Cap 12.04%
Other Cap 0%
Allocation by Sector
Consumer Staples 28.08%
Financial 22.48%
Services 11.18%
Automobile 10.2%
Top Debt Holdings
Britannia Industries Ltd. 0.01%
Allocation by Credit Quality
Bifurcation by Credit Quality is not available for this fund
Allocation by Instruments
Reverse Repo 3.22%
Net Receivables 0.11%
Non Convertible Debenture 0.01%
Other Holdings
Others 0.11%
Want to know in detail about the portfolio of this fund?
Comparison with thematic-consumption Funds
as on Aug 14, 2023| Fund name | Annual Return % | ||
|---|---|---|---|
| Nippon India Consumption Fund | 18.16% | ||
| Canara Robeco Consumer Trends Fund | 15.99% | ||
| Mirae Asset Great Consumer Fund | 15.85% | ||
| SBI Consumption Opportunities Fund | 15.57% | ||
| Aditya Birla Sun Life India GenNext Fund | 14.96% | ||
| Tata India Consumer Fund | 12.38% |
Trailing Returns and Ranks
as on Aug 14, 2023| Period | Trailing returns | Category average |
|---|---|---|
| 1 month | 0.35% | 0.66% |
| 3 months | 8.79% | 9.74% |
| 6 months | 14.62% | 16.19% |
| 1 year | 12.35% | 14.24% |
| 3 years | 24.95% | 25.11% |
| 5 years | 14.96% | 14.17% |
| 10 years | 19.22% | 17.42% |
Want to know in detail about the returns of this fund?
Riskometer
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
Aditya Birla Sun Life India GenNext Fund
EQUITY THEMATIC-CONSUMPTION
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).
- Std. Dev : 13.76
- Alpha : 3.61
- Beta : 0.76
- Sharpe : 1.48
- Sortino : 3.45
Chanchal Khandelwal
Mr. Khandelwal has done B.Com.(H) and MBA (Finance)
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Aditya Birla Retail Limited and Aditya Birla Management Corporation Ltd.
Aditya Birla Sun Life Mutual Fund
TOTAL AUM:
₹2,97,663 Crs
As on Jun 30, 2023
- Address: One World Center, Tower 1,
17th Floor, Jupiter Mill Compound
Senapati Bapat Marg, Elphinstone Road
Mumbai, 400013
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Frequently Asked questions
How fund report card works
Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.
However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.
At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.
In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.
How are the returns of Aditya Birla Sun Life India GenNext Fund ?
The Aditya Birla Sun Life India GenNext Fund is a 10 yrs 7 m old fund and has delivered average annual returns of 17.43% since inception.
Aditya Birla Sun Life India GenNext Fund Returns
| 1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
|---|---|---|---|---|
| 12.35% | 24.95% | 14.96% | 19.22% | 17.43% |
What is the current NAV of Aditya Birla Sun Life India GenNext Fund?
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Aditya Birla Sun Life India GenNext Fund for Aug 11, 2023 is 178.06.
How do I invest in Aditya Birla Sun Life India GenNext Fund?
On ET Money, Investing in Aditya Birla Sun Life India GenNext Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
- Click on the Invest Now Button present on the top right-hand side.
- Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
- Provide few more details needed including the bank account from which you will be making the payment and confirm.
- That's it. Your SIP or one-time investment in Aditya Birla Sun Life India GenNext Fund is done.
How much does Aditya Birla Sun Life India GenNext Fund charge as expense ratio?
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Aditya Birla Sun Life India GenNext Fund is 0.86%. .
How can I redeem my investments in Aditya Birla Sun Life India GenNext Fund?
Redeeming your investments in Aditya Birla Sun Life India GenNext Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Aditya Birla Sun Life India GenNext Fund from anywhere else, you can go to the fund house website and put a request through it.
What is the AUM or size of Aditya Birla Sun Life India GenNext Fund?
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Aditya Birla Sun Life India GenNext Fund is ₹4,025 Crs.
What are the top stock holdings of Aditya Birla Sun Life India GenNext Fund?
The Aditya Birla Sun Life India GenNext Fund has invested the majority of its money in the stocks of the following companies -
| Company | Percentage of Portfolio |
|---|---|
| ITC Ltd. | 6.62% |
| ICICI Bank Ltd. | 5.55% |
| HDFC Bank Ltd. | 5.07% |
| Hindustan Unilever Ltd. | 3.37% |
| Bharti Airtel Ltd. | 3.31% |
| Axis Bank Ltd. | 2.75% |
| United Spirits Ltd. | 2.53% |
| Tata Motors Ltd. - DVR Ordinary | 2.53% |
| Maruti Suzuki India Ltd. | 2.28% |
| Nestle India Ltd. | 1.96% |
What are the top sectors Aditya Birla Sun Life India GenNext Fund has invested in?
The Aditya Birla Sun Life India GenNext Fund has primarily invested in the following sectors
| Sector | Percentage of Portfolio |
|---|---|
| Consumer Staples | 28.08% |
| Financial | 22.48% |
| Services | 11.18% |
| Automobile | 10.2% |
| Consumer Discretionary | 6.84% |
| Healthcare | 5.3% |
| Materials | 3.41% |
| Communication | 3.31% |
| Insurance | 2.22% |
| Construction | 1.29% |