With 57.67% SIP Returns In 5 Years, This Thematic Consumption Fund Is Good For SIP

Mutual fund schemes are available in a wide range of subjects. PSU equity funds, dividend yield funds, MNC funds, and other topics are among them. Similarly, there are mutual funds that focus on consumption. These funds invest in consumer-oriented areas, as their name indicates. These funds invest in consumer-oriented firms' equities. These funds have a specific theme. Here, we have given insights into one of the thematic consumption funds. The fund has given good returns son SIP over the years.

Aditya Birla Sun Life India GenNext Fund - Direct Plan-Growth

This fund was launched by the Aditya Birla Sun Life Mutual Fund in 2005 on 05th August. This is an equity Thematic-Consumption mutual fund scheme that aims to generate income through investing in equity and equity-related instruments of companies and benefited from rising consumption patterns in the country.

Under the Direct Fund-Growth scheme of the fund, its Assets Under Management is Rs 25000.66, and the NAV as of 1st April 2022 is Rs 147.36. The fund has an expense ratio of 0.97%, which is below its category average expense ratio and what other peer funds charge in the category. It is an open-ended medium-sized fund of its category. The scheme's ability to control losses in a falling market is average.

This has been rated 4 stars by CRISIL. However, it is a highly risky fund for investments. The benchmark of this fund is NIFTY consumption TRI. You can start investing in this fund with a minimum investment amount of Rs 1,000 and for SIP it is also Rs 1,000.

Absolute And Annualised Returns

Lump-Sum Investment Returns

The scheme's returns for the last 3 -years are 105.95% absolute. Whereas, since its launch, it has delivered 17.83% average annual returns. 

Investment Tenure	Absolute Returns	Annualised Returns
1 Year	11.35%	11.35%
2 Year	72.94%	31.50%
3 Year	76.04%	20.72%
5 Year	136.66%	18.78%
Since Inception	355.23%	17.81%

SIP Returns

SIP Tenure	Absolute Returns	Annualised Returns
1 Year	3.44%	6.44%
2 Year	20.90%	19.44%
3 Year	35.09%	20.55%
5 Year	63.00%	19.63%

Portfolio

98.5 percent of the fund's holdings are in Indian equities, with 51.76 percent in big caps, 23.73 percent in mid-caps, and 8.36 percent in small caps. The fund has a 0.01 percent debt investment, with 0.01 percent of that in funds that are invested in very low-risk securities.

The Financial, Consumer Staples, Services, Consumer Discretionary, and Automobile sectors account for the majority of the fund's holdings. In comparison to other funds in the category, it has less exposure to the Financial and Consumer Staples sectors.

ICICI Bank Ltd., HDFC Bank Ltd., Bharti Airtel Ltd., ITC Ltd., and Hindustan Unilever Ltd. are the fund's top five holdings.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.