Aditya Birla Sun Life India Gennext Fund Direct Growth

Aditya Birla Sun Life India Gennext Fund Direct Growth

Equity

Direct

Equity - Consumption

NAV as on 06-12-2024

₹ 243.89

0.3%

1D

Inception Returns

18.6%

/yr

About Aditya Birla Sun Life India Gennext Fund Direct Growth

Aditya Birla Sun Life India Gennext Fund Direct 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 Growth has ₹5854 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

Aditya Birla Sun Life India Gennext Fund Direct Growth has given a CAGR return of 18.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.22%, 18.45% and 20.46% respectively.

Holdings

Aditya Birla Sun Life India Gennext Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Financial Services, Health, Communication, Industrial, Basic Materials, Real Estate. Its top holdings are ITC Ltd, Bharti Airtel Ltd, ICICI Bank Ltd, Trent Ltd, HDFC Bank Ltd

Taxation

As it is a equity - consumption mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Aditya Birla Sun Life India Gennext Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life India Gennext Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1246 people have invested ₹ 1.1Cr in Aditya Birla Sun Life India Gennext Fund Direct Growth in the last three months

INDmoney Rank for Aditya Birla Sun Life India Gennext Fund Direct Growth

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IND ranking is not available for this fund.
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category
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3Y returns in the bottom 25% of the category

Aditya Birla Sun Life India Gennext Fund Direct Growth Overview

Expense ratio0.82%
Benchmark
S&P BSE 500 India TR INR
AUM₹5854 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
17.14%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Aditya Birla Sun Life India Gennext Fund Direct Growth
Nifty 500
equity - consumption
1M
0.8%
2.9%
-
3M
-3.2%
-0.9%
-
6M
9.7%
7%
-
1Y
25.2%
24.5%
-
3Y
18.5%
15.5%
-
5Y
20.5%
19.2%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 99.1%

  • Debt & Cash 0.9%

Large cap
64%

Small cap
16.9%

Mid cap
16.1%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
33.1%
Consumer Defensive
26.7%
Financial Services
19.2%
Health
6.9%
Communication
6.6%
Industrial
4.8%
Basic Materials
2.1%
Real Estate
0.5%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-8.55%
4.33%
3.19%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -8.55% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund underperformed Nifty 500 by 2.03% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 5.9K Cr
₹ 6.3K Cr
₹ 6K Cr
  • AUM of the fund stands at 5.9K Cr as of Oct'24
  • AUM decreased by 449.8 Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 4.22% to 4.61%
ICICI Bank Ltd's allocation increased from 4.22% to 4.61%
Radico Khaitan Ltd's allocation increased from 1.48% to 1.86%
Radico Khaitan Ltd's allocation increased from 1.48% to 1.86%
ITC Ltd's allocation increased from 4.62% to 4.94%
ITC Ltd's allocation increased from 4.62% to 4.94%
Top Stocks sold last month
Trent Ltd's allocation decreased from 4.1 % to 4.1 %
Trent Ltd's allocation decreased from 4.1 % to 4.1 %
Maruti Suzuki India Ltd's allocation decreased from 3.23 % to 2.91 %
Maruti Suzuki India Ltd's allocation decreased from 3.23 % to 2.91 %
Hindustan Unilever Ltd's allocation decreased from 2.79 % to 2.57 %
Hindustan Unilever Ltd's allocation decreased from 2.79 % to 2.57 %
Large Cap allocation has gone down from 64.6% to 64%
Large Cap allocation has gone down from 64.6% to 64%
Small Cap allocation has gone up from 16.5% to 16.9%
Small Cap allocation has gone up from 16.5% to 16.9%
Mid Cap allocation has gone up from 15.5% to 16.1%
Mid Cap allocation has gone up from 15.5% to 16.1%
Cash allocation has gone down from 2.2% to 0.9%
Cash allocation has gone down from 2.2% to 0.9%

Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Financial Services

Oct'24
Consumer Cyclical
33%
Consumer Defensive
27%
Financial Services
19%
Sep'24
Consumer Cyclical
33%
Consumer Defensive
26%
Financial Services
19%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
82
81
80
Top 5 Company Concentration
21.9%
21%
21%
Company having highest exposure
ITC Ltd (4.9%)
Bharti Airtel Ltd (4.7%)
ITC Ltd (4.7%)
No of Sectors
8
8
8
Top 5 Sectors Concentration
92.5%
92.2%
92.3%
Sector having highest exposure
Consumer Cyclical (33.1%)
Consumer Cyclical (33.2%)
Consumer Cyclical (33.4%)
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Chanchal Khandelwal
Chanchal Khandelwal
Fund Manager of Aditya Birla Sun Life India Gennext Fund Direct Growth, since 26 August 2015
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has experienced a 7.1% drop in AUM moving from 6.30K Cr to 5.85K Cr.
Insights icon
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 24.11% return, outperforming this fund by 5.65% per annum.
Insights icon
Over the last 1 month, this fund has increased expense ratio by 12.3% moving from 0.73 to 0.82.
Insights icon
In the last 1 year, HSBC Consumption Fund Direct Growth has given 40.77% return, outperforming this fund by 15.55%.
Insights icon
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 0.82% which is lower than the category average expense ratio of 1.37%.
Insights icon
In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 25.71% return, outperforming this fund by 5.25% per annum.

Aditya Birla Sun Life India Gennext Fund Direct 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 18.57% since inception which is more than its category average return of 16.41%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.06% in Equity, 0% in Debt and 0.94% in Cash related instruments
AUM size ₹5854 Cr

AUM size ₹5854 Cr

This fund has AUM of ₹5854 Cr which is more than its category average of ₹ 1715 Cr
Expense Ratio 0.82%

Expense Ratio 0.82%

This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions for Aditya Birla Sun Life India Gennext Fund Direct Growth

The current NAV of Aditya Birla Sun Life India Gennext Fund Direct Growth is ₹243.89 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Aditya Birla Sun Life India Gennext Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.85%
0.85%
6 Month Returns
9.7%
9.7%
1 Year Returns
25.22%
25.22%
3 Years Returns
66.2%
18.45%
5 Years Returns
153.62%
20.46%
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0.82% as on November 2024
₹5854 Cr as on November 2024
ITC Ltd(4.94%), Bharti Airtel Ltd(4.8%), ICICI Bank Ltd(4.61%), Trent Ltd(4.1%), HDFC Bank Ltd(3.42%) as on November 2024
Consumer Cyclical(32.75%), Consumer Defensive(26.46%), Financial Services(19.06%) as on November 2024
The alpha ratio for the Aditya Birla Sun Life India Gennext Fund Direct 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 Growth
0.06
-0.09
0.49
As on November 2024
The alpha for Aditya Birla Sun Life India Gennext Fund Direct 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 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 Growth
0.87
0.87
1.02
As on November 2024
The Beta for Aditya Birla Sun Life India Gennext Fund Direct 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 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 Growth
1.18
0.8
0.81
As on November 2024
The sharpe ratio for Aditya Birla Sun Life India Gennext Fund Direct 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 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 Growth
14.75
13.53
18.1
As on November 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 1.41 as on November 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 Growth
The Exit load of Aditya Birla Sun Life India Gennext Fund Direct Growth is 1%