Equity
Direct
Equity - Consumption
NAV as on 04-09-2024
₹ 254.31
▲0.1%
1D
Inception Returns
19.4%
/yr
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.
Aditya Birla Sun Life India Gennext Fund Direct Growth has given a CAGR return of 19.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.72%, 19.76% and 24.34% respectively.
Aditya Birla Sun Life India Gennext Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Financial Services, Communication, Health, Industrial, Basic Materials, Real Estate. Its top holdings are ITC Ltd, Bharti Airtel Ltd, ICICI Bank Ltd, Trent Ltd, HDFC Bank Ltd
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 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.
Expense ratio | 0.75% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹5786 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 17.14% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Consumer Cyclical, Consumer Defensive & Financial Services
Aditya Birla Sun Life India Gennext Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.27% | 4.27% |
6 Month Returns | 24.23% | 24.23% |
1 Year Returns | 40.72% | 40.72% |
3 Years Returns | 71.77% | 19.76% |
5 Years Returns | 197.24% | 24.34% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Growth | -4.28 | 0.56 | 1.23 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Growth | 1 | 0.87 | 1.03 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Growth | 2.64 | 1.11 | 1.02 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life India Gennext Fund Direct Growth | 10.84 | 12.21 | 17.59 |