Mutual Fund- Birla

ABSL India Gennext fund

By Rajendra

Sep 23, 2022

image source -Unsplash

Scheme Analysis

Thick Brush Stroke

ABSL India GenNext Fund

Category 

Thematic

Inception

Aug 05, 2005

Benchmark

Nifty Consumption

Scribbled Arrow

AUM  - 3,076 Cr

Fund Manager

Chanchal Khandelwal

GenNext Fund seeks to invest in such companies that are in products or services, which cater to the young consumers, or companies

fund manager will follow 'controlled diversification'. Care would be taken to avoid over-diversification.

Top 5 Holding

ICICI Bank

ITC

HDFC Bank

Bharti Airtel

HUL

6.92

5.03

3.62

3.54

3.35

Total  -  22.46

A monthly SIP of Rs 10,000 since inception, would have grown to Rs 1.01 Crore.

Bank

Consumer Durable

FMCG

Thick Brush Stroke

Top 5 Sector -51.79%

17.89

10.38

8.38

8.23

6.91

Retail

Auto

Thick Brush Stroke

SIP Performance

Exit Load

upto 30 days - 1%

Scribbled Arrow

As on 30 Aug. 2022

1 Year

3 Year

5 Year

Period

Value

12,904

50,558

94,212

Returns

14.34%

20.82%

18.12%

Monthly SIP of 1,000

Thick Brush Stroke

Scheme Performance

Exit Load

upto 30 days - 1%

Scribbled Arrow

As on 30 Aug. 2022

1 Year

3 Year

5 Year

Period

Returns

8.43%

21.05%

13.95%