Aditya Birla SL Global Emerging Opp Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- August 31, 2026
- Posted by: Harsh Piplani
- Category: Mutual Funds
The Aditya Birla SL Global Emerging Opp Fund Direct Growth Plan has a NAV of ₹35.3747 as of 27 August 2026 and an AUM of ₹278 Cr. Its 1-year, 3-year and 5-year returns are 23.412%, 20.6431% and 10.7726%, and it is tagged High Risk.
Our view is that this is a fund for investors who can handle sharp swings in exchange for overseas emerging-market exposure. The long-term return profile is respectable, but the recent path has been uneven, so it fits better as a satellite allocation than as a core low-volatility holding.
Quick facts
| Particulars | Details |
|---|---|
| NAV | ₹35.3747 |
| AUM | ₹278 Cr |
| Expense Ratio | 0.61% |
| Launch Date | 02 Jan 2013 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Fund of Fund |
| Exit Load | 0.25% on or before 28D, Nil after 28D |
| Fund Managers | Dhaval Joshi |
The fund is managed by Dhaval Joshi.
Source data date: as of 27 Aug 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | 3.87% | -0.85% |
| 3M | -5.04% | 3.39% |
| 1Y | 23.41% | -2.29% |
| 3Y | 20.64% | 6.40% |
| 5Y | 10.77% | 7.13% |
The recent numbers point to a mixed pattern. Over 1 month, the fund has recovered while the benchmark was slightly negative, but the 3-month figure is weaker and shows that short stretches can be choppy. That kind of movement is consistent with a portfolio tied almost entirely to overseas equity exposure.
The longer view is stronger. The 1-year return is well above the benchmark, and the 3-year and 5-year figures also stay ahead of the benchmark’s returns. That tells us the fund has been able to compound better than the index over the stated horizons, even though the path has not been smooth.
Our view is that the 5-year number is the most useful anchor for understanding the scheme’s behavior. It suggests a fund that can participate in upside over time, but the weaker 3-month patch shows that interim drawdowns are part of the experience. Investors should read the recent swings together with the longer record rather than focusing on any single period.
Compared with the benchmark, the fund is clearly ahead over 1-year, 3-year and 5-year windows. The benchmark itself has been softer over these horizons, especially at 1 year, so the fund’s outperformance has not come from a smooth market backdrop. That makes consistency more important than one-off bursts when evaluating it.
Source data date: as of 27 Aug 2026
Should you BUY or HOLD Aditya Birla SL Global Emerging Opp?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Aditya Birla SL Global Emerging Opp? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Aditya Birla SL Global Emerging Opp Fund Direct Growth Plan | 23.41% | 20.64% | 10.77% |
| Edelweiss Emerging Markets Opp Eq. Offshore Fund Direct Growth Plan | 58.83% | 29.04% | 11.95% |
| HSBC Global Emerging Markets Fund Direct Growth Plan | 56.41% | 29.20% | 12.88% |
| Kotak Global Emerging Market Overseas Equity Active FOF Direct Growth Plan | 48.69% | 26.77% | 12.71% |
| HSBC Asia Pacific (Ex Japan) DYF Direct Growth Plan | 42.29% | 28.21% | 15.57% |
| DSP US Specific Equity Omni FoF Direct Growth Plan | 39.41% | 28.32% | 19.16% |
In the peer set, the fund’s 1-year return is clearly lower than the stronger overseas equity offerings, which have posted much higher recent gains. That tells us the latest year has been less forceful than the best-performing peers, even though it still stayed positive.
The longer record is more balanced, but still somewhat lighter than the peers shown here. At 3 years, the fund trails the stronger peer group, and at 5 years it remains below the better long-term numbers available in this comparison. So the short-term and long-term peer pictures both point to a fund that has participated, but not led, over the available horizons.
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
Source data date: as of 27 Aug 2026
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Portfolio: where your money goes
Market-cap distribution: Large cap 0%, mid cap 0%, small cap 0% and other exposure 100%.
| Sector | Weight | Holdings |
|---|---|---|
| OVERSEAS MUTUAL FUND UNITS | 99.05% | JULIUS BAER EQUITY NEXT GENERATION – USD CLASS C SHARES (99.05%) |
| CASH & CASH EQUIVALENTS AND NET ASSETS | 0.95% | CLEARING CORPORATION OF INDIA LIMITED (1.06%) |
The portfolio is overwhelmingly concentrated in other exposure rather than in listed Indian market-cap buckets. That means the scheme’s behaviour is likely to be driven more by the overseas fund holding than by any domestic equity style tilt.
The largest sector, overseas mutual fund units, is materially larger than the residual cash and net assets line. With 99.05% in that single sector and only 0.95% elsewhere, there is very little diversification across sectors inside the visible portfolio mix.
Our view is that the overseas fund unit holding may have the greatest influence on day-to-day movement in the scheme. Because the portfolio is so concentrated, any change in that underlying exposure could matter more than the small cash buffer around it.
Source data date: as of 27 Aug 2026
Who should invest
This fund suits investors who are comfortable with High Risk and who can stay invested through uneven periods. The 1-year and 3-year returns show strong upside capture, but the weaker 3-month patch shows that the path can turn choppy in the shorter term.
The investment horizon should be long enough to ride through overseas-market swings, so a medium-to-long horizon is more appropriate than a short trading-style hold. The main trade-off is between the possibility of better long-term growth and the acceptance of sharp interim volatility. The concentrated overseas exposure also means the fund is better used as a supporting allocation than as the only growth engine in a portfolio.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 0.25% on or before 28D, Nil after 28D.
Source data date: as of 27 Aug 2026
Frequently asked questions
What is the current NAV of Aditya Birla SL Global Emerging Opp Fund Direct Growth Plan?
Its NAV is ₹35.3747 as of 27 August 2026.
What are the 1-year, 3-year and 5-year returns?
The fund’s 1-year, 3-year and 5-year returns are 23.41%, 20.64% and 10.77%.
How does the fund compare with its benchmark?
It has outperformed the benchmark across 1-year, 3-year and 5-year periods. The benchmark returns for those periods are -2.29%, 6.40% and 7.13%.
How does it compare with peer funds on available return data?
Its recent and longer-term returns are lower than several peer funds shown here, especially on the 1-year measure. The peer set has stronger 3-year and 5-year figures in several cases as well.
What is the minimum SIP amount?
The minimum SIP is ₹100.
Who manages the fund and what is the exit load?
Dhaval Joshi manages the fund. The exit load is 0.25% on or before 28D, and nil after 28D.
Bottom line
This fund has a mixed profile: the short-term path has been uneven, but the 1-year, 3-year and 5-year returns still remain ahead of the benchmark. Against peers, the available return figures are more modest, so the story is one of participation rather than standout leadership. The portfolio is almost fully concentrated in overseas mutual fund units, which makes the scheme’s behavior heavily dependent on that single exposure. It is better suited to investors who accept High Risk and want overseas emerging-market exposure within a wider portfolio.
Published on 31 August 2026 at 3:09 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.
