Aditya Birla SL Dynamic Asset Allocation Omni FOF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Aditya Birla SL Dynamic Asset Allocation Omni FOF Direct Growth Plan has a NAV of ₹63.1318 as of 28 Aug 2026 and a scheme AUM of ₹242 Cr. Its 1-year, 3-year and 5-year returns are 8.5954%, 14.3471% and 12.7461%, and the scheme sits in the High Risk category. Our view is that the fund has delivered a steadier long-term profile than its benchmark, while the recent one-year return is more moderate than its longer-run pace.

The portfolio is dominated by domestic fund-of-fund holdings, with only a small cash buffer. That structure can support diversification across underlying funds, but it also means the outcome depends heavily on the behaviour of those underlying allocations. For investors who can tolerate higher volatility and want a diversified multi-fund approach over a longer horizon, the fund may be relevant.

Quick facts

The fund is managed by Kartikeya Singh.

Source data date: as of 28 Aug 2026

Performance

The fund has stayed ahead of the benchmark across every period shown. The gap is especially visible over 1 year, where the fund is positive while the benchmark is negative, which suggests the portfolio held up better through a weaker market backdrop.

Over 3 years, the fund’s return remains well above the benchmark and points to a stronger compounding pattern than the index. That said, the 1-month and 3-month figures are much lower than the 3-year pace, so the recent run has been more measured than the fund’s longer-term average.

The 5-year return still supports the case that the fund has compounded better than the benchmark over a full market cycle. The daily pattern behind that longer record shows periods of pullback and recovery, which is normal for a High Risk fund, but the overall direction has been constructive rather than erratic.

For investors, the main takeaway is that the fund has not relied only on a single strong phase. Its longer window remains stronger than the benchmark, while the latest one-year result suggests the pace has moderated rather than broken down.

Source data date: as of 28 Aug 2026

Peer comparison

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The current fund trails the peer set on 1-year return by a wide margin, while the peer list is shaped by silver-oriented funds that have delivered unusually strong short-term outcomes. That makes the one-year comparison look very different from the fund’s own steadier profile. Where longer periods are available, the current fund’s 3-year return is materially lower than the 46%-plus 3-year figures seen in some peers, but its 5-year return remains a meaningful positive outcome in a different return pattern.

That contrast matters because the short-term peer picture is dominated by a sharp rally in a niche segment, while the current fund’s record is built more around balanced compounding. In our view, the fund’s longer-term numbers are respectable, but the peer comparison does not show it keeping pace with the strongest recent peer outcomes.

Source data date: as of 28 Aug 2026

Portfolio: where your money goes

The portfolio is almost entirely in domestic mutual fund units, which means the scheme behaves more like a layered allocation strategy than a direct equity or bond portfolio. With 100% shown under other-cap exposure and no allocation to large-, mid- or small-cap buckets, the usual market-cap lens does not capture its real construction.

The largest sector, domestic mutual fund units at 98.94%, is materially larger than the cash and cash-equivalent bucket at 1.06%. That leaves very little room for short-term liquidity to influence the overall profile, so the underlying mutual fund choices are likely to have the greatest impact on returns and volatility.

Within the visible holdings, the largest named positions are HDFC Corporate Bond Fund – Growth Option – Direct Plan at 14.37% and Aditya Birla Sun Life Short Term Fund – Growth – Direct Plan at 13%. Those positions point to a structure that may be influenced by debt-oriented underlying funds, although we should still read the scheme as a fund of funds rather than a direct sector bet.

Source data date: as of 28 Aug 2026

Who should invest

This fund suits investors who can accept High Risk and who are comfortable with outcomes that can move around in the short term. The one-year result is positive, but the stronger story is in the 3-year and 5-year numbers, which makes it more suitable for a longer horizon than for a short holding period.

It may appeal to investors looking for a diversified fund-of-funds structure and a return profile that has stayed ahead of the benchmark over multiple periods. The trade-off is that performance is tied to the behaviour of the underlying mutual fund portfolio, so the experience can differ from a plain equity or debt fund and may not always move in a straight line.

Tax and exit load

Exit load

1% on or before 365D, Nil after 365D.

Source data date: as of 28 Aug 2026

Frequently asked questions

What is the current NAV of Aditya Birla SL Dynamic Asset Allocation Omni FOF Direct Growth Plan?
Its current NAV is ₹63.1318 as of 28 Aug 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 8.60% for 1 year, 14.35% for 3 years and 12.75% for 5 years.

How has it performed against the benchmark?
It has stayed ahead of the Nifty 50 across 1 month, 3 months, 1 year, 3 years and 5 years. The clearest gap is in the 1-year period, where the benchmark is negative and the fund remains positive.

How does it compare with the peer funds listed here?
Its 1-year return is far below the silver ETF FoF peers shown, while its 3-year and 5-year figures are still positive and more measured. The comparison points to a steadier long-term profile rather than the sharp short-term gains seen in those peers.

What is the minimum SIP amount?
The minimum SIP amount is ₹500.

Who manages the fund and what is the exit load?
Kartikeya Singh manages the fund. The exit load is 1% on or before 365 days and nil after 365 days.

Bottom line

Aditya Birla SL Dynamic Asset Allocation Omni FOF Direct Growth Plan shows a clear contrast between steadier longer-term compounding and a more moderate recent pace. It has stayed ahead of the benchmark across the main periods shown, but the peer set contains funds with much stronger one-year outcomes. The High Risk label fits the structure, though the portfolio is concentrated almost fully in domestic mutual fund units rather than traditional market-cap buckets. That makes it better suited to investors who want a longer horizon and can accept a layered fund-of-funds approach.

Published on 31 August 2026 at 2:43 PM IST