Aditya Birla Sun Life India Gennext Fund Direct Plan Growth
Equity
Direct
Equity - Consumption
NAV: ₹ 212.59 as on 24-04-2024
Fund Performance
1259 people have invested ₹ 3.2Cr in Aditya Birla Sun Life India Gennext Fund Direct Plan Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 0.76% which is lower than the category average expense ratio of 1.47%.
This fund with AUM at ₹4796.85Cr is among the largest funds in the equity - consumption category.
In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 23.45% return, outperforming this fund by 3.98% per annum.
Over the last 15 months, this fund has decreased expense ratio by 23.2% moving from 0.99 to 0.76.
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 28.02% return, outperforming this fund by 6.5% per annum.
Over the last 6 months, this fund has experienced a 15.9% growth in AUM moving from 4.13K Cr to 4.79K Cr.
In the last 1 year, Tata India Consumer Fund Direct Growth has given 44.66% return, outperforming this fund by 8.42%.
INDmoney Rank of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth
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Pros
Larger AUM within category
Beats FD returns for both 3Y & 5Y duration
Cons
3Y returns in the bottom 25% of the category
About the Aditya Birla Sun Life India Gennext Fund Direct Plan Growth
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Chanchal Khandelwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Aditya Birla Sun Life India Gennext Fund Direct Plan Growth has ₹4797 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth Overview
 | 0.76% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹4797 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 10.02% |
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
68.2%
Mid cap
20.2%
Small cap
10.3%
Sector Allocation
Consumer Cyclical
29.4%
Consumer Defensive
28%
Financial Services
20.8%
Health
6.5%
Communication
6.1%
Industrial
4.8%
Basic Materials
3.3%
Real Estate
1.2%
Top Holdings of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings73
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ITC Ltd | 5.02% | 9% | |
 ICICI Bank Ltd | 4.99% | 0% | |
 Bharti Airtel Ltd | 4.3% | 0% | |
 HDFC Bank Ltd | 3.79% | 0% | |
 Maruti Suzuki India Ltd | 3.35% | 3.1% |
See all
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.80% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.26% in Mar'24
AUM Change
- AUM of the fund stands at 4.8K Cr as of Mar'24
- AUM increased by 108.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Aditya Birla Sun Life India Gennext Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Avenue Supermarts Ltd | 20.1% |
 Maruti Suzuki India Ltd | 7.7% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Hindustan Unilever Ltd | -3.5% |
 Tata Consumer Products Ltd | -2.5% |
 Axis Bank Ltd | -0.6% |
Peer Analysis
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth Fund Manager
Chanchal Khandelwal
Fund Manager of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth, since 26 August 2015
Top funds managed
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.13% since inception which is more than its category average return of 15.97%
Fund Allocations
This fund has an allocation of 98.72% in Equity, 0% in Debt and 1.28% in Cash related instruments
AUM size ₹4797 Cr
This fund has AUM of ₹4797 Cr which is more than its category average of ₹ 1377 Cr
Expense Ratio 0.76%
This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth is ₹212.59 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.26% | 4.26% |
6 Month Returns | 17.27% | 17.27% |
1 Year Returns | 36.25% | 36.25% |
3 Years Returns | 79.45% | 21.52% |
5 Years Returns | 143.35% | 19.47% |
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0.76% as on March 2024
₹4797 Cr as on March 2024
ITC Ltd(5.02%), ICICI Bank Ltd(4.99%), Bharti Airtel Ltd(4.3%), HDFC Bank Ltd(3.79%), Maruti Suzuki India Ltd(3.35%) as on March 2024
Consumer Cyclical(29.03%), Consumer Defensive(27.68%), Financial Services(20.49%) as on March 2024
The alpha ratio for the Aditya Birla Sun Life India Gennext Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth | -0.56 | 1.45 | 1.55 |
As on March 2024
The alpha for Aditya Birla Sun Life India Gennext Fund Direct Plan Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life India Gennext Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth | 0.86 | 0.83 | 1.01 |
As on March 2024
The Beta for Aditya Birla Sun Life India Gennext Fund Direct Plan Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life India Gennext Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth | 2.56 | 1.12 | 0.79 |
As on March 2024
The sharpe ratio for Aditya Birla Sun Life India Gennext Fund Direct Plan Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life India Gennext Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth | 9.74 | 12.07 | 17.47 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.4 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Chanchal Khandelwal is the fund manager of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth is 1%