Investment Objective of Aditya Birla SL India GenNext Fund(G) :
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 as Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services,they should be engaged inmanufacturing of products or rendering of services that go directly to the consumer, the products and services should have distinct brand identity, thereby enabling choice.