Aditya Birla Sun Life India GenNext Fund Growth

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.

Aditya Birla Sun Life India GenNext Fund Growth is an Equity - Equity - Consumption fund. The fund was launched in Aug 5, 2005. Its risk level is Very High. The NAV of the fund as on Feb 28, 2025 is ₹186.59. Its expense ratio is 1.92 %. The fund has an AUM of ₹5,625.62 Cr.The fund is managed by Chanchal Khandelwal, Dhaval Joshi. The minimum initial investment is ₹1000 in Lumpsum mode.