Aditya Birla Sun Life India Gennext Fund-Growth Option Invest Now
Fund Manager: Mr. Chanchal Khandelwal    |     Equity: Thematic-Consumption    |     NIFTY India Consumption TRI

213.98 2.06 (0.96 %)

NAV as on 06-06-2025

596.69 Cr

AUM as on 30-04-2025

Rtn ( Since Inception )

16.69%

Inception Date

Aug 05, 2005

Expense Ratio

1.85%

Fund Status

Open Ended Scheme

Min. Investment

1,000

Min. Topup

1,000

Min. SIP Amount

1000

Risk Status

very high

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 servicesshould have distinct brand identity, thereby enabling choice.