Aditya Birla Sun Life India Gennext Fund - Investment Information
- Equity
- Consumption Theme
- Very High
-
₹208.34
(-1.46%)
Current NAV 20-12-2024
-
18.62%
Returns
-
Min. SIP ₹1000
Min. Investment ₹1000
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.
Basic Details
Key Information About Investing Details.
- CategoryConsumption Theme
- KRACAMS
- Inv. PlanGrowth
- Launched In05-Aug-05
- BenchmarkNifty India Consumption TRI
- Fund TypeOpen Ended
- Fund HouseAditya Birla Sunlife Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size5853.86 Cr.
- Min. Investment₹1000
- Min. Sip Inv.₹1000
- Min. Addl Inv.₹1000
- Expense Ratio1.85%
- Turn over10%
- Exit LoadAditya Birla Sun Life India GenNext Fund - Regular Plan - Growth charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.
Fund Managers
Details of Managers and their Experience
Fund Manage : 55
Total AUM. : ₹361,932 Cr.
Fund Manage : 4
Total AUM. : ₹16,331 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCAditya Birla Sunlife Mutual Fund
- Emailcare.mutualfunds@adityabirlacapital.com
- Office No022-43568000
- Websitehttps://mutualfund.adityabirlacapital.com
- AddressOne World Center,Tower 1, 17th Flr, Jupiter Mills,Senapati Bapat Marg,Elphinstone Road Mumbai 400 013
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.