Aditya Birla Sun Life India GenNext Fund Growth
Medium
Risk
Equity
Other
+
17.36
%
17.36
%
3Y annualised
+
0.54
%
0.54
%
1D
1M
6M
1Y
3Y
All
Fund size
4688
NAV:
Mar 7, 2024
182.09
Sector
Tech
Type
Equity
Launched
Aug 2005
Min Investment
1000
Expense Ratio
2
Risk
Medium
Portfolio allocation
Top 10 Holdings
% Value
ICICI Bank Ltd
4.91
%
ITC Ltd
4.47
%
Bharti Airtel Ltd
4.02
%
HDFC Bank Ltd
3.76
%
Tata Motors Ltd Class A
3.18
%
Maruti Suzuki India Ltd
2.98
%
Trent Ltd
2.92
%
Hindustan Unilever Ltd
2.91
%
Avenue Supermarts Ltd
2.68
%
Axis Bank Ltd
2.51
%
Expense ratio, exit load and tax
Expense Ratio:
2
%
Inclusive of GST
Exit load
Exit load of 1.0% if redeemed within 30.0 Days, 0.0 % if redeemed after 30.0 Days.
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Fund house & investment objective
Aditya Birla Sun Life India GenNext Fund Growth
More details
Investment objective
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.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
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* Returns are calculated as per lifetime average per annum returns of the fund.
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