Aditya Birla SL Dividend Yield Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- August 31, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Aditya Birla SL Dividend Yield Fund Direct Growth Plan has a NAV of ₹504.47 as of 08 Sep 2026 and a scheme AUM of ₹1,474 Cr. Its 1-year, 3-year and 5-year returns are 5.7%, 12.57% and 13.85%, respectively, and the fund sits in the High Risk bucket.
Our view is that this is a fund for investors who can stay with equity volatility and are comfortable with a portfolio that mixes Indian large caps with select overseas exposure. The longer-term return pattern is healthier than the recent 1-year run, which points to a fund that has compounded steadily over time but has not moved in a straight line.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹504.47 as of 08 Sep 2026 |
| AUM | ₹1,474 Cr |
| Expense Ratio | 1.42% |
| Launch Date | 01 Jan 2013 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% on or before 90D, Nil after 90D |
| Fund Managers | Pavas Pethia |
The fund is managed by Pavas Pethia.
Source data date: as of 08 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -2.43% | -3.86% |
| 3M | 2.75% | 1.69% |
| 1Y | 5.7% | -5.72% |
| 3Y | 12.57% | 6.3% |
| 5Y | 13.85% | 6.05% |
The fund has held up better than the benchmark across every return bucket shown here. The 1-month figure is still negative, but the decline is milder than the benchmark, which tells us the fund participated in the recent weakness with less damage than the index.
The 3-month number is a useful sign that the recent trend has turned more constructive. The fund’s 2.75% return over three months is above the benchmark’s 1.69%, so the recent recovery has been firmer than the index even though both remain well short of a strong breakout.
The bigger picture is more important. The 3-year and 5-year returns are both materially ahead of the benchmark, which supports a view of decent compounding over a full market cycle. The 1-year number is much lower than the 3-year and 5-year figures, so recent performance has been softer than the longer-term pattern, but it has still stayed positive while the benchmark turned negative over the same span.
The price path also suggests the fund has not been smooth. There have been phases of drawdown and recovery, which fits a high-risk equity portfolio rather than a low-volatility income style. For patient investors, the key point is that the fund has created value over time, but short-term swings can still be meaningful.
Source data date: as of 08 Sep 2026
Should you BUY or HOLD Aditya Birla SL Dividend Yield?
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 Dividend Yield? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Aditya Birla SL Dividend Yield Fund Direct Growth Plan | 5.7% | 12.57% | 13.85% |
| Tata Dividend Yield Fund Direct Growth Plan | 14.21% | 14.77% | 14.32% |
| LIC MF Dividend Yield Fund Direct Growth Plan | 9.23% | 18.89% | 15.91% |
| SBI Dividend Yield Fund Direct Growth Plan | 5.63% | 11.36% | Data not available |
| Baroda BNP Paribas Dividend Yield Fund Direct Growth Plan | 5.5% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
Against its peers, the fund’s 1-year return is behind Tata Dividend Yield Fund Direct Growth Plan and LIC MF Dividend Yield Fund Direct Growth Plan, but it is still in the same broad return band as SBI Dividend Yield Fund Direct Growth Plan and Baroda BNP Paribas Dividend Yield Fund Direct Growth Plan. That makes the recent year look modest rather than weak.
The longer horizon is more balanced. The fund’s 3-year and 5-year returns trail LIC MF Dividend Yield Fund Direct Growth Plan and are also below Tata Dividend Yield Fund Direct Growth Plan on both periods, but they remain clearly positive and comfortably ahead of the benchmark figures shown earlier. So the fund’s longer-term story is solid, even if the peer set contains stronger compounding numbers.
Short-term and longer-term comparisons tell slightly different stories: the recent year is softer than several peers, while the multi-year numbers still show dependable compounding. That split matters for investors who care about consistency, because the fund has not kept pace with the stronger peer outcomes in every period, yet it has preserved a credible long-term return profile.
Source data date: as of 08 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Britannia Industries Ltd. | FMCG | 5.54% |
| State Bank of India | Bank | 4.83% |
| ICICI Bank Ltd. | Bank | 4.54% |
| Shriram Finance Ltd. | Finance | 4.17% |
| Microsoft Corporation | Overseas Equities | 3.6% |
| Eternal Ltd. | Retailing | 3.11% |
| Bharat Petroleum Corporation Ltd. | Crude Oil | 3.08% |
| LTM Ltd. | IT | 3.08% |
| Sagility Ltd. | Business Services | 2.72% |
| Hexaware Technologies Ltd. | Domestic Equities | 2.44% |
The top 10 holdings account for approximately 37.11% of the portfolio.
To see all holdings, visit the Aditya Birla SL Dividend Yield Fund Direct Growth Plan page
The largest position, Britannia Industries Ltd. at 5.54%, is meaningful but not dominant. That suggests the fund may give one stock some influence without letting a single position decide the outcome on its own.
The weight then eases down fairly gradually into the 4% area and then the 3% range, which tells us the portfolio is spread across several material positions rather than concentrated in only one or two names. The tenth holding at 2.44% is not far behind the middle of the list, so the visible basket does not show a sharp cliff after the first few lines.
At the same time, 37.11% in the top 10 holdings means a sizeable part of the portfolio still sits in a relatively compact group of stocks, while the full disclosure includes 50 holdings. Our read is that this structure may balance conviction with diversification, but the largest names are still likely to have greater influence on short-run movements than the long tail.
Source data date: as of 08 Sep 2026
Who should invest
This fund suits investors who can accept High Risk and who have a medium-to-long investment horizon. The 3-year and 5-year returns show that the strategy has rewarded patience better than the recent 1-year period, so short holding periods may not capture the fund’s fuller return profile.
The main trade-off is clear: you are taking equity volatility and benchmark-linked drawdowns in exchange for the chance of stronger long-term compounding. The portfolio mix, with large domestic positions and a meaningful overseas holding, may appeal to investors who want active equity exposure rather than a narrow single-theme 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
1% on or before 90D, Nil after 90D.
Source data date: as of 08 Sep 2026
Frequently asked questions
What is the current NAV of Aditya Birla SL Dividend Yield Fund Direct Growth Plan?
The NAV is ₹504.47 as of 08 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The returns are 5.7% for 1 year, 12.57% for 3 years and 13.85% for 5 years.
How does the fund compare with the Nifty 50 benchmark?
It has outpaced the benchmark across 1-month, 3-month, 1-year, 3-year and 5-year periods shown here. The gap is widest over 1 year and remains clear over the multi-year horizons.
How does it compare with the listed peer funds?
Its 1-year return is below Tata Dividend Yield Fund Direct Growth Plan and LIC MF Dividend Yield Fund Direct Growth Plan, while its 3-year and 5-year numbers also trail those two peers. It remains positive across the longer horizons and above the benchmark figures.
What is the minimum SIP amount?
The minimum SIP amount is ₹100.
Who manages the fund and what is the exit load?
Pavas Pethia manages the fund. The exit load is 1% on or before 90 days and nil after 90 days.
Bottom line
The fund’s recent 1-year performance is softer than its 3-year and 5-year record, but the longer-term trend still points to steady compounding rather than a one-off spike. It has also stayed ahead of the benchmark across the return periods shown, although several peers have delivered stronger numbers in the same windows. With a High Risk label and a portfolio that blends a few meaningful core positions with a broader 50-stock basket, it looks better suited to investors who can tolerate equity swings and stay invested long enough for the longer track record to matter.
Published on 9 September 2026 at 6:27 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.