Aditya Birla Sun Life India Gennext Fund Direct Plan Growth

Aditya Birla Sun Life India Gennext Fund Direct Plan Growth

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Equity
Direct
Equity - Consumption
NAV: ₹ 216.8 as on 17-05-2024

About the Fund

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

  1. Aditya Birla Sun Life India Gennext Fund Direct Plan Growth has ₹5010 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.
Fund Performance
zero opening, trading, fund transfer fee
1186 people have invested ₹ 3.3Cr in Aditya Birla Sun Life India Gennext Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.76%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹5010 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
10.02%

Aditya Birla Sun Life India Gennext Fund Direct Plan Growth Distribution as on (30-Apr-24)

  • Equity 98.5%

  • Debt & Cash 1.5%

Size breakup

Large cap
66.6%
Mid cap
21.6%
Small cap
10.2%
Sector Allocation

Apr'24

Mar'24

Feb'24

Consumer Cyclical
29.7%
Consumer Defensive
27.7%
Financial Services
20.6%
Communication
6.6%
Health
6.1%
Industrial
5.2%
Basic Materials
3.2%
Real Estate
0.9%

Top Holdings of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings74
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Top Growth Drivers
1M Return
Trent Ltd
Trent Ltd
13.4%
Bharti Airtel Ltd
Bharti Airtel Ltd
6.2%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
4.09%
1.80%
1.35%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 4.09% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 1.63% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 4.8K Cr
₹ 4.8K Cr
₹ 4.7K Cr
  • AUM of the fund stands at 4.8K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 23.0% growth in AUM moving from 4.07K Cr to 5.01K Cr.
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In the last 3 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 27.66% return, outperforming this fund by 6.69% per annum.
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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%.
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In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 25.06% return, outperforming this fund by 4.64% per annum.
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In the last 1 year, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 42.58% return, outperforming this fund by 9.41%.
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Over the last 1 year, this fund has increased expense ratio by 31.0% moving from 0.58 to 0.76.
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This fund with AUM at ₹5010.28Cr is among the largest funds in the equity - consumption category.

INDmoney Rank

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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

Fund Manager

Chanchal Khandelwal
Chanchal Khandelwal
Fund Manager of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth, since 26 August 2015

Aditya Birla Sun Life India Gennext Fund Direct Plan Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.27% since inception which is more than its category average return of 16.47%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.49% in Equity, 0% in Debt and 1.51% in Cash related instruments
AUM size ₹5010 Cr

AUM size ₹5010 Cr

This fund has AUM of ₹5010 Cr which is more than its category average of ₹ 1438 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life India Gennext Fund Direct Plan Growth is ₹216.8 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Aditya Birla Sun Life India Gennext Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.42%
4.42%
6 Month Returns
15.66%
15.66%
1 Year Returns
33.17%
33.17%
3 Years Returns
77.04%
20.97%
5 Years Returns
153.18%
20.42%
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0.76% as on April 2024
₹5010 Cr as on April 2024
ICICI Bank Ltd(5.03%), ITC Ltd(4.89%), Bharti Airtel Ltd(4.6%), HDFC Bank Ltd(3.81%), Maruti Suzuki India Ltd(3.27%) as on April 2024
Consumer Cyclical(29.3%), Consumer Defensive(27.25%), Financial Services(20.31%) as on April 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
1.1
1.28
1.7
As on April 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
0.85
0.84
1.01
As on April 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
2.54
1.22
0.84
As on April 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
9.7
12.11
17.48
As on April 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 2.62 as on April 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%