{"id":223951,"date":"2026-08-31T12:56:15","date_gmt":"2026-08-31T07:26:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/"},"modified":"2026-09-09T16:17:59","modified_gmt":"2026-09-09T10:47:59","slug":"aditya-birla-sl-midcap-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Midcap Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-midcap-fund-g-direct-plan\">Aditya Birla SL Midcap Fund Direct Growth Plan<\/a> is a mid-cap equity fund with a NAV of \u20b9960.35 as of 08 Sep 2026 and an AUM of \u20b96,966 Cr. Its 1-year, 3-year and 5-year returns are 10.44%, 15.2% and 14.68%, and it sits in the High Risk category.<\/p>\n<p>Our view is that this is a fund for investors who can stay with a higher-volatility equity allocation through market swings. The longer-term return profile is steady rather than standout, and the portfolio\u2019s mix of bank, finance, industrial and healthcare names suggests a diversified mid-cap approach rather than a narrow thematic bet.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Midcap\" title=\"Should you BUY or HOLD Aditya Birla SL Midcap?\">Should you BUY or HOLD Aditya Birla SL Midcap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Aditya_Birla_SL_Midcap_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Aditya Birla SL Midcap Fund Direct Growth Plan?\">What is the current NAV of Aditya Birla SL Midcap Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_its_benchmark\" title=\"How does the fund compare with its benchmark?\">How does the fund compare with its benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#How_does_it_compare_with_the_peer_funds_listed_here\" title=\"How does it compare with the peer funds listed here?\">How does it compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#What_are_the_funds_risk_profile_holdings_mix_and_exit_load\" title=\"What are the fund\u2019s risk profile, holdings mix and exit load?\">What are the fund\u2019s risk profile, holdings mix and exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-midcap-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b9960.35 as of 08 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b96,966 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>1.02%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty Mid Cap<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% on or before 90D, Nil after 90D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Vishal Gajwani<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Vishal Gajwani.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.62%<\/td>\n<td>-1.62%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>6.9%<\/td>\n<td>3.93%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>10.44%<\/td>\n<td>6.61%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>15.2%<\/td>\n<td>15.53%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>14.68%<\/td>\n<td>15.24%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund has been firmer over shorter stretches than its benchmark, with both the 1-month and 3-month numbers holding up better than the index. That tells us the recent path has been uneven but not weak, and the fund recovered through the 3-month window after a softer patch in the one-month reading.<\/p>\n<p>The 1-year return is comfortably ahead of the benchmark, which suggests the fund has recently captured more of the mid-cap upside than the index itself. At the same time, the 3-year and 5-year returns are slightly below the benchmark, so the longer view is more measured than the recent one. That mix usually points to a fund that can participate well in favourable periods but does not consistently dominate through the full cycle.<\/p>\n<p>Looking at the shape of the return pattern, the fund has moved through meaningful swings over the last few years rather than following a smooth upward line. The longer-term compounding is still positive and respectable, but the path has included clear drawdowns and recoveries. For investors, that matters as much as the headline return because mid-cap funds can test patience even when the end result remains acceptable.<\/p>\n<p>On balance, our view is that the fund\u2019s current behaviour is better than its 3-year and 5-year comparison with the benchmark, but the margin is not large enough to call it a clear long-term outlier. It looks more like a solid, cyclical mid-cap option whose near-term momentum has improved relative to its longer history.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Aditya_Birla_SL_Midcap\"><\/span>Should you BUY or HOLD Aditya Birla SL Midcap?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>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.<\/p>\n<p><strong>Already holding Aditya Birla SL Midcap? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-midcap-fund-g-direct-plan\">Aditya Birla SL Midcap Fund Direct Growth Plan<\/a><\/td>\n<td>10.44%<\/td>\n<td>15.2%<\/td>\n<td>14.68%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-midcap-fund-g-direct-plan\">HSBC Midcap Fund Direct Growth Plan<\/a><\/td>\n<td>23.85%<\/td>\n<td>24.59%<\/td>\n<td>19.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/woc-mid-cap-fund-g-direct-plan\">WOC Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>17.45%<\/td>\n<td>22.06%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/helios-mid-cap-fund-g-direct-plan\">Helios Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>15.34%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/iti-mid-cap-fund-g-direct-plan\">ITI Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>15.09%<\/td>\n<td>20.25%<\/td>\n<td>17.01%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/mahindra-manulife-mid-cap-fund-g-direct-plan\">Mahindra Manulife Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>14.25%<\/td>\n<td>18.19%<\/td>\n<td>18.68%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The current fund\u2019s 1-year return is well below the strongest peer readings in the table, while its 3-year and 5-year numbers also sit behind the better-performing peers with available data. That makes the recent gap visible without changing the broader picture: the fund has still delivered positive compounding, but peers have done more in both the shorter and medium horizons.<\/p>\n<p>The short-term comparison and the longer-term comparison tell a consistent story rather than two different ones. There is some recent improvement in how the fund has behaved versus the benchmark, but peer returns suggest that other mid-cap funds have translated that environment into much stronger numbers. Investors looking at this category for growth will likely notice that this fund is steadier than spectacular over the measured periods.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>The Federal Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>3.41%<\/td>\n<\/tr>\n<tr>\n<td>AU Small Finance Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>3.03%<\/td>\n<\/tr>\n<tr>\n<td>Apl Apollo Tubes Ltd.<\/td>\n<td>Iron &amp; Steel<\/td>\n<td>2.88%<\/td>\n<\/tr>\n<tr>\n<td>Billionbrains Garage Ventures Ltd.<\/td>\n<td>Domestic Equities<\/td>\n<td>2.82%<\/td>\n<\/tr>\n<tr>\n<td>Max Financial Services Ltd.<\/td>\n<td>Finance<\/td>\n<td>2.6%<\/td>\n<\/tr>\n<tr>\n<td>Navin Fluorine International Ltd.<\/td>\n<td>Chemicals<\/td>\n<td>2.55%<\/td>\n<\/tr>\n<tr>\n<td>JK Cement Ltd.<\/td>\n<td>Construction Materials<\/td>\n<td>2.53%<\/td>\n<\/tr>\n<tr>\n<td>Ajanta Pharma Ltd.<\/td>\n<td>Healthcare<\/td>\n<td>2.45%<\/td>\n<\/tr>\n<tr>\n<td>Thermax Ltd.<\/td>\n<td>Capital Goods<\/td>\n<td>2.43%<\/td>\n<\/tr>\n<tr>\n<td>PB Fintech Ltd.<\/td>\n<td>IT<\/td>\n<td>2.38%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding, The Federal Bank Ltd., carries a 3.41% weight, so no single position dominates the portfolio on its own. The fall from the first holding to the tenth is not steep in absolute terms, moving from 3.41% to 2.38%, which suggests the fund is spreading active bets across several names rather than leaning heavily on one or two positions.<\/p>\n<p>The top 10 holdings together account for 27.08% of the portfolio, and the full disclosed holding set contains 68 positions. That combination points to a portfolio that is diversified at the individual-stock level, even though the biggest names may still influence short-term returns. The mix of banks, finance, industrials, chemicals and healthcare also suggests exposure to multiple parts of the mid-cap market rather than a narrow pocket of the universe.<\/p>\n<p>For investors, that shape may be reassuring if they want mid-cap upside without an overly concentrated stock book. At the same time, the fund is still an equity product in a high-risk segment, so diversification inside the portfolio does not remove market volatility; it mainly helps avoid excessive dependence on any one holding.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-midcap-fund-g-direct-plan\">Aditya Birla SL Midcap Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund is better suited to investors who can tolerate high volatility and stay invested for several years. The 1-year return is stronger than the benchmark, but the 3-year and 5-year figures are slightly behind it, so the main appeal is not consistent outperformance in every market phase.<\/p>\n<p>The risk profile fits someone who wants mid-cap exposure and can accept uneven interim movements in exchange for long-term growth potential. The trade-off is clear: you get a diversified, actively managed mid-cap portfolio, but you must be comfortable with performance that can lag the benchmark over longer windows even after better recent spells.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<p>1% on or before 90D, Nil after 90D.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Aditya_Birla_SL_Midcap_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Aditya Birla SL Midcap Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b9960.35 as of 08 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year return is 10.44%, the 3-year return is 15.2% and the 5-year return is 14.68%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_its_benchmark\"><\/span>How does the fund compare with its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It is ahead of the benchmark over 1 year, but slightly behind over 3 years and 5 years. That makes the recent picture better than the longer one.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_listed_here\"><\/span>How does it compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year, 3-year and 5-year returns are below the stronger peer readings shown here. The gap is visible across both recent and longer periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes. The minimum SIP amount is \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_risk_profile_holdings_mix_and_exit_load\"><\/span>What are the fund\u2019s risk profile, holdings mix and exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is in the High Risk category. Its top holdings are spread across banks, finance, industrials, chemicals, healthcare and IT, and the exit load is 1% on or before 90D, with nil exit load after 90D.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Aditya Birla SL Midcap Fund Direct Growth Plan shows a better recent run than its longer-history comparison, but its 3-year and 5-year returns are only modestly behind the benchmark rather than clearly ahead. Peer return data points to stronger alternatives over the same horizons, so this fund reads more as a stable mid-cap option than a category leader. Its High Risk profile and diversified stock list make it suitable for investors who can handle volatility and want mid-cap exposure without a heavily concentrated portfolio.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 9 September 2026 at 4:16 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Aditya Birla SL Midcap Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-midcap-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":960.35,\"valueReference\":\"as of 08 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"6966 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"1.02\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty Mid Cap\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":10.44},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":15.2},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":14.68},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Vishal Gajwani\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Aditya Birla SL Midcap Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b9960.35 as of 08 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 10.44%, the 3-year return is 15.2% and the 5-year return is 14.68%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is ahead of the benchmark over 1 year, but slightly behind over 3 years and 5 years. That makes the recent picture better than the longer one.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year, 3-year and 5-year returns are below the stronger peer readings shown here. The gap is visible across both recent and longer periods.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s risk profile, holdings mix and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is in the High Risk category. Its top holdings are spread across banks, finance, industrials, chemicals, healthcare and IT, and the exit load is 1% on or before 90D, with nil exit load after 90D.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aditya Birla SL Midcap Fund Direct Growth Plan has a NAV of \u20b9960.35 as of 08 Sep 2026, with 1Y\/3Y\/5Y returns of 10.44%\/15.2%\/14.68%.<\/p>\n","protected":false},"author":38,"featured_media":238833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-223951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["238833"],"rank_math_title":["Aditya Birla SL Midcap Fund Review 2026 | NAV &amp; Returns"],"rank_math_description":["Aditya Birla SL Midcap Fund Direct Growth Plan NAV \u20b9960.35; 1Y return 10.44% as of 08 Sep 2026. 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