January 19, 2024
mayank
Aditya Birla (ABSL) India GenNext Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 198.8800
NAV IDCW: Rs 47.0300
Suitable For Which Investors?
This is a fund that invests mainly in the shares of consumer-facing companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to invest 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).
Fund Manager:
1) Chanchal Khandelwal
Education: Mr. Khandelwal has done B.Com.(H) and MBA (Finance)
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with Aditya Birla Retail Limited and Aditya Birla Management Corporation Ltd.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 30 days |
Basic Details
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 17.87% |
| Benchmark | NIFTY India Consumption TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 4,616 Cr |
| (As on 31-Dec-2023) | |
| Expense | 0.80% |
| (As on 31-Dec-2023) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 13.00% |
Trailing Returns (%) of Aditya Birla (ABSL) India GenNext Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL India GenNext Dir | -1.26 | -0.34 | 0.94 | 7.78 | 11.89 | 26.51 | 19.61 | 18.59 | 17.79 | 19.69 |
| S&P BSE 500 TRI | -0.09 | -0.37 | 1.37 | 11.96 | 15.22 | 26.29 | 19.46 | 17.68 | 16.53 | 16.29 |
| Equity: Thematic-Consumption | -0.30 | -0.44 | 2.22 | 9.15 | 15.05 | 31.94 | 21.30 | 18.77 | 17.86 | 18.01 |
| Rank within category | 11 | 5 | 12 | 10 | 10 | 9 | 9 | 6 | 5 | 3 |
| Number of funds in category | 13 | 13 | 13 | 12 | 11 | 10 | 10 | 9 | 8 |
|
Peer Comparison of Aditya Birla (ABSL) India GenNext Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL India GenNext Dir | 3 star | 26.51 | 19.61 | 18.59 | 0.80 | 4,616 | 17.87 | 1.00 (30) | 11Y | 13.00 |
| Mirae Asset Great Consumer Dir | 4 star | 35.73 | 23.71 | 19.85 | 0.43 | 3,084 | 18.81 | 1.00 (365) | 11Y | 39.00 |
| ICICI Pru Bhrt Consmpn Dir | 4 star | 36.66 | 22.63 | — | 1.23 | 2,172 | 18.74 | 1.00 (90) | 4Y 9M | 129.00 |
| SBI Consmpn Opp Dir | 5 star | 31.74 | 25.76 | 19.60 | 1.02 | 1,913 | 17.64 | 0.10 (30) | 11Y | 32.00 |
| Nippon Ind Consmpn Dir | 4 star | 31.55 | 24.49 | 22.19 | 1.17 | 645 | 14.66 | 1.00 (30) | 11Y | 43.00 |
Portfolio Analysis of Aditya Birla (ABSL) India GenNext Fund
| No. of Stocks | 77 |
| Top 10 Stocks | 34.76% |
| Top 5 Stocks | 22.13% |
| Top 3 Sectors | 60.74% |
| Portfolio P/B Ratio | 5.85 |
| Portfolio P/E Ratio | 39.29 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,18,777 | 1,33,607 |
| Giant (%) | 43.42 | 47.24 |
| Large (%) | 24.52 | 25.97 |
| Mid (%) | 28.22 | 18.76 |
| Small (%) | 3.84 | 11.13 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla (ABSL) India GenNext Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) India GenNext Fund
Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years.
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now
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