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PlaystoreAditya Birla Sun Life AMC Limited
Aditya Birla Sun Life AMC Limited
Aditya Birla Sun Life India Gennext Fund Overview
Aditya Birla Sun Life India Gennext Fund is an open-ended equity scheme following Consumption theme.
Investment Objective
The objective of the scheme is 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
Why one can invest:
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If you are looking for long-term capital growth from your investment
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If you are looking to invest in a consumption theme – i.e.: to capitalise on the investment opportunities arising from lucrative consumption patterns of the fast-growing young generation
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If you are looking for reasonably diversified exposure to consumption-oriented sectors that have high and sustainable growth potential
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If you are looking to build an investment portfolio with investments starting as little as Rs.1,000
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If you are looking for an investment avenue for your long-term investing goals – 5 years or more
Click here to know more about equity mutual funds
Fund Details
CAGR
Latest NAV
(as on )
AUM
()
Inception Date
()
Risk
Investment Horizon
Long term, 5 years or more
Annualized Benchmark Returns
Min Investment
Entry load
NIL
Exit load
1%
For redemption / switch-out of units on or before 30 days from the date of allotment: 1% of applicable NAV.
Total Expense Ratio (TER)
Sharp Ratio
Beta Ratio
Other Parameters
Standard Deviation
Modified Duration
-
Yield to Maturity
-
Portfolio Turnover:
-
Average Maturity
-
Macaulay Duration
-
Net Equity Exposure
-
Fund Managers
Mr. Chanchal Khandelwal
Mr. Dhaval Joshi
Riskometer
(An open ended equity scheme following Consumption theme)
This product is suitable for investors who are seeking
-
Long term capital growth
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investments in equity and equity related securities of companies that are expected to benefit from the rising consumption patterns in India fuelled by high disposable incomes
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
Portfolio & Sector Holdings
Retail
% of Net Assets
Sector Holdings
Dividend History
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Investment Performance
IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:| Declared on date | IDCW Yield (Regular Plan) | IDCW Per Unit | Cum IDCW NAV |
|---|
Fund Summary
- India has a rising young population. This generation earns well, spends well and has awareness and exposure levels that ups their consumption habits considerably.
- Can your investment capitalise on these lucrative consumption habits?
- Yes! By investing in companies that cater to the fast-growing consumption needs of this generation. These companies typically manufacture goods or render services that are for direct consumption and also have significant brand differentiation.
- Investing in a thematic mutual fund scheme that has consumption has its core theme can help here.
- Aditya Birla Sun Life India Gennext Fund is an open-ended thematic equity-oriented fund that invests predominantly in companies that are expected to benefit from rising consumption patterns. These typically include stocks from FMCG, retail, telecom, banking, food and beverages, entertainment, consumer durable and similar sectors.
- The fund seeks to earn capital growth over a long-term investing period
Fund discipline
- The Scheme aims to allocate a minimum of 80% (up to 100%) of its net assets to equity and equity related instruments, following the consumption theme.
- The scheme can also allocate up to 20% of its net assets into fixed income securities (including money market instruments)
- It seeks out such companies that are in products or services, which cater to the young consumers (at least 50% of the sales/revenue direct to consumer), or companies that have distinct brand identities and therefore enable choice.
- Companies are from across consumption driven sectors
- The scheme will also select stocks by evaluating certain criteria such as trustworthy management, stability of business, prospects for future growth and market valuations. It follows a bottom-up stock picking approach.
Tax Applicability
Investment held for less than 12 months
Short Term Capital Gain Tax would be applicable. Any gains/profits would be taxed at 15% (plus applicable surcharge and cess).
Investment held for more than 12 months
Long Term Capital Gain Tax would be applicable. Gains/profits in excess of Rs. 1 lakh would be taxed at 10% without indexation (plus applicable surcharge and cess).
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Forms & Downloads
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Frequently Asked Questions
There are two ways in which investments in this fund can be made:
o Via Direct Plan – This involves direct purchase of units from the fund house i.e.: Aditya Birla Sun Life Mutual Fund
o Via Regular Plan – this involves purchasing units of the fund from a mutual fund distributor or broker of your choice
The only other difference between both these plans, is that they charge different expense ratios. This also results in a difference in their market NAVs although they have the same investing portfolio.
Currently the regular plan has an expense ratio of ____%, whereas the direct plan charges a lower expense ratio of ____%.
Choosing a direct plan over regular plan, means your investments will be subject to a lower expense ratio which translates into better returns on your investment.
The fund charges an expense ratio of ____% on a regular plan and ____% on a direct plan. (As on _______)
This expense ratio is an annual charge from investments which is intended to cover the fund management and other administration costs.
AUM or assets under management denotes the total outstanding market value of investments in Aditya Birla Sun Life India Gennext Fund that is being managed by the Aditya Birla Sun Life Mutual Fund.
In a direct plan, the units are bought directly from Aditya Birla Sun Life Mutual Fund, thus they can be conveniently redeemed online from its webpage or app. Once logged in you must provide the redemption amount or the number of units you wish to redeem.
Yes, the Aditya Birla Sun Life India Gennext Fund offers both SIP and lumpsum investing options to investors. The choice of mode of investing will be guided by your investing objective, risk appetite, investing term and affordability. This fund can also be suitable for STP investing, when investors want to re-balance their portfolio from debt to equity.
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