Aditya Birla Sun Life India Gennext Fund Direct Plan Growth - Regular - Latest NAV [ ₹121.8 ], Returns, Performance, Portfolio & Returns 2021

Aditya Birla Sun Life India Gennext Fund Direct Plan Growth

  • highlight
    16.8%
  • highlight
    (+0.42)121.8

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 19.65 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years16.8%
3 Years13.37%
1 Year56.96%
6 Months20.67%
Fund Details
ISININF209K01WC7
RiskVery High Risk
Fund TypeEquity - Consumption
NAV121.8
Exit Load1% for 90 Days

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd7.09%
HDFC Bank Ltd5.32%
Hindustan Unilever Ltd3.85%
Bharti Airtel Ltd3.77%
ITC Ltd3.55%
Tata Consumer Products Ltd2.63%
Axis Bank Ltd2.47%
Maruti Suzuki India Ltd2%
Bajaj Finserv Ltd1.96%
Voltas Ltd Shs Dematerialised1.9%

About Aditya Birla Sun Life India GenNext Fund - Direct Plan - Growth

The primary goal of this fund is to generate returns in the form of long-term capital gains by investing primarily in the companies that benefit from the market movements towards the north when the consumption in the economy is on the higher side.

Pros and Cons of Aditya Birla Sun Life India GenNext Fund - Direct Plan - Growth

The main advantage of investing in this fund is that you get exposure to a variety of companies that are driven by the consumption pattern in India. These companies try to capitalise on the disposable income at the hands of the youth in the country. On the flip side, the fund is easily affected by market volatility since consumption varies due to a lot of parameters.

Fund Information and Statistics

i) Inception/Launch Date

Aditya Birla Sun Life India GenNext Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

The risk level of this fund is categorised under ‘high’ since it invests only in the companies of one sector, which is consumption.

iii) Redemption

Since Aditya Birla Sun Life India GenNext Fund - Direct Plan - Growth is an open-ended scheme, you can redeem your investment at any time.

iv) Fund Manager

Mr Chanchal Khandelwal is the current fund manager of Aditya Birla Sun Life India GenNext Fund.

v) Entry/Exit Load

There is no entry load as per the guidelines of the Indian securities market watchdog. An exit load of 1% is payable on redeeming your investments within a period of one year from the date of allotment. No exit load applies after one year.

About Aditya Birla Sun Life India Mutual Fund

Aditya Birla Sun Life Mutual Fund entered the Indian mutual fund industry back in the year 1994 when it registered with the Indian securities market regulator with Aditya Birla Capital Limited and Sun Life India (AMC) as its sponsors. Its assets under management (AUM) touched a massive Rs 2.14 lakh crore as of June 2020. Aditya Birla Sun Life Trustee Company Private Limited is its trustee.

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 19.65 Lakhs in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns