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Fincash » Mutual Funds » Aditya Birla Sun Life India Gennext Fund

Aditya Birla Sun Life India Gennext Fund - G

NAV  ₹178.35 ↑ 0.33  (0.19 %) as on 18 Mar 24

Scheme Objective

An Open-ended growth scheme with the objective to target growth of capital by investing 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). The scheme will invest in companies that have the following characteristics: 1. Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand identity, thereby enabling choice.

Aditya Birla Sun Life India GenNext Fund is a Equity - Sectoral fund launched on 5 Aug 05. It is a fund with High risk and has given a CAGR return of 16.7% since its launch.  Ranked 8 in Sectoral category.  Return for 2023 was 25.2% , 2022 was 5.1% and 2021 was 29.7% .

Below is the key information for Aditya Birla Sun Life India GenNext Fund

NAV as on 18 Mar 24₹178.35 ↑ 0.33  (0.19 %)
Net Assets (AUM) as on 31 Jan 2024 ₹4,612 Cr.
Launch Date5 Aug 2005
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCBirla Sun Life Asset Management Co Ltd
Alpha Ratio-0.01
Expense Ratio2.13 %
Sharpe Ratio1.707
Information Ratio0.01
BenchmarkNot Available
Min Investment ₹1,000
Min SIP Investment ₹1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Mar 24

DurationReturns
1 Month -0.6%
3 Month 1.8%
6 Month 7.7%
1 Year 32.6%
3 Year 17.9%
5 Year 17%
10 Year
15 Year
Since launch 16.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 25.2%
2022 5.1%
2021 29.7%
2020 14.6%
2019 14.6%
2018 -1.6%
2017 39.4%
2016 7.4%
2015 7.5%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹11,666
28 Feb 21₹14,213
28 Feb 22₹16,791
28 Feb 23₹17,677
29 Feb 24₹23,368
Aditya Birla Sun Life India Gennext Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.78%
Equity97.22%
Debt0%
Aditya Birla Sun Life India Gennext Fund Asset Allocation

Sector Allocation

SectorValue
Consumer Defensive28.49%
Consumer Cyclical26.43%
Financial Services21.06%
Health Care6.56%
Communication Services5.72%
Industrials4.18%
Basic Materials3.45%
Real Estate1.33%
Aditya Birla Sun Life India Gennext Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | ICICIBANK
Banks - Regional5%₹230 Cr2,188,884
↓ -50,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 13 | ITC
Tobacco4%₹209 Cr5,156,201
↓ -193,181
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 17 | BHARTIARTL
Telecom Services4%₹188 Cr1,677,061
↑ 100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 10 | HDFCBANK
Banks - Regional4%₹176 Cr1,255,010
Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Oct 21 | TATAMTRDVR
Auto Manufacturers3%₹149 Cr2,359,076
↓ -100,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 12 | MARUTI
Auto Manufacturers3%₹140 Cr123,780
↑ 14,747
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jul 18 | 500251
Apparel Retail3%₹137 Cr352,369
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | HINDUNILVR
Household & Personal Products3%₹136 Cr565,326
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 29 Feb 20 | 540376
Discount Stores3%₹126 Cr320,452
↑ 10,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
Banks - Regional3%₹118 Cr1,094,684
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Fund Managers

NameSinceTenure
Chanchal Khandelwal26 Aug 158.52 Yr.
Dhaval Joshi21 Nov 221.28 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Aditya Birla Sun Life Mutual FundOne India Bulls Centre , Tower 1,,17th Floor, Jupiter Mill Compound,,841, Senapati Bapat Marg,,Elphinstone Road,

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Aditya Birla Sun Life India GenNext Fund
Normal Dividend, Reinvestment
₹38.03
↑ 0.07
7.73 %32.16 %17.59 %16.62 %
Aditya Birla Sun Life India GenNext Fund
Growth
₹178.35
↑ 0.33
7.74 %32.64 %17.85 %16.98 %
Aditya Birla Sun Life India GenNext Fund
Normal Dividend, Payout
₹38.03
↑ 0.07
7.73 %32.16 %17.59 %16.62 %
Data as on 18 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.