{"id":224318,"date":"2026-08-31T14:55:52","date_gmt":"2026-08-31T09:25:52","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-equity-savings-fund-direct-growth-review-2026\/"},"modified":"2026-08-31T14:55:52","modified_gmt":"2026-08-31T09:25:52","slug":"aditya-birla-sl-equity-savings-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-equity-savings-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Equity Savings 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-equity-savings-fund-g-direct-plan\">Aditya Birla SL Equity Savings Fund Direct Growth Plan<\/a> has a NAV of \u20b926.14 as of 28 August 2026 and scheme AUM of \u20b91,123 Cr. Its 1-year, 3-year and 5-year returns are 6.78%, 8.48% and 7.23%, and the fund sits in the Medium Risk category. Our view is that it suits investors who want a hybrid-style allocation with measured volatility rather than sharp equity-like swings.<\/p>\n<p>The fund\u2019s longer run is steady rather than standout, and its portfolio leans heavily on banks with a meaningful allocation to debt-style and other non-equity exposures. That mix can support a more balanced experience, but it also means the return profile is likely to remain moderate compared with a pure equity strategy.<\/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-equity-savings-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-equity-savings-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-equity-savings-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Equity_Savings\" title=\"Should you BUY or HOLD Aditya Birla SL Equity Savings?\">Should you BUY or HOLD Aditya Birla SL Equity Savings?<\/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-equity-savings-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-equity-savings-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-equity-savings-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-equity-savings-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-equity-savings-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-equity-savings-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Aditya_Birla_SL_Equity_Savings_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Aditya Birla SL Equity Savings Fund Direct Growth Plan?\">What is the current NAV of Aditya Birla SL Equity Savings 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-equity-savings-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-equity-savings-fund-direct-growth-review-2026\/#How_does_it_compare_with_the_benchmark\" title=\"How does it compare with the benchmark?\">How does it compare with the 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-equity-savings-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/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-equity-savings-fund-direct-growth-review-2026\/#What_risk_category_does_this_fund_fall_under\" title=\"What risk category does this fund fall under?\">What risk category does this fund fall under?<\/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-equity-savings-fund-direct-growth-review-2026\/#How_concentrated_is_the_portfolio\" title=\"How concentrated is the portfolio?\">How concentrated is the portfolio?<\/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-equity-savings-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-equity-savings-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-equity-savings-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>Detail<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b926.14<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b91,123 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.54%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>28 Nov 2014<\/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>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>0.25% if units are sold on or before 7 days; nil after 7 days<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Lovelish Solanki, Harshil Suvarnkar, Rohit Karan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Lovelish Solanki, Harshil Suvarnkar and Rohit Karan.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 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>0.54%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>3.08%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.78%<\/td>\n<td>-2.29%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>8.48%<\/td>\n<td>6.40%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>7.23%<\/td>\n<td>7.13%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent picture is better than the benchmark in the shorter 1-month and 1-year windows, while the 3-month result is slightly behind. That pattern suggests the fund has been able to protect better than the benchmark during some weaker stretches, but it has not always captured the full upside in every short period.<\/p>\n<p>Over 3 years, the fund\u2019s 8.48% return is ahead of the benchmark\u2019s 6.40%, which points to a stronger medium-term compounding trend. Over 5 years, the gap is narrow: 7.23% for the fund versus 7.13% for the benchmark. That tells us the fund has broadly kept pace over longer holding periods rather than pulling far ahead.<\/p>\n<p>The performance pattern also looks smoother than a pure equity approach would usually be. The monthly and multi-month paths show some ups and downs, but not a sharp, one-way move. For investors, that matters because the fund\u2019s behaviour seems shaped more by balance and consistency than by aggressive market capture.<\/p>\n<p>Our view is that the fund is useful when the goal is a steadier return path with a hybrid structure, not when the objective is to maximise upside in strong equity rallies. The benchmark comparison supports that reading: the fund has generally held its own, with a clearer edge in the 3-year period than in the most recent 3-month window.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 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_Equity_Savings\"><\/span>Should you BUY or HOLD Aditya Birla SL Equity Savings?<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 Equity Savings? 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-equity-savings-fund-g-direct-plan\">Aditya Birla SL Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>6.78%<\/td>\n<td>8.48%<\/td>\n<td>7.23%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-equity-savings-fund-g-direct-plan\">HSBC Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>10.412%<\/td>\n<td>13.7874%<\/td>\n<td>11.5697%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/edelweiss-equity-savings-fund-g-direct-plan\">Edelweiss Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>9.4013%<\/td>\n<td>11.817%<\/td>\n<td>10.0806%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/woc-equity-savings-fund-g-direct-plan\">WOC Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>8.8187%<\/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\/mahindra-manulife-equity-savings-fund-g-direct-plan\">Mahindra Manulife Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>8.4856%<\/td>\n<td>10.2314%<\/td>\n<td>9.4352%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/capitalmind-flexi-cap-fund-g-direct-plan\">Capitalmind Flexi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>8.0628%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/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.<\/p>\n<p>Against the peer set, the fund\u2019s 1-year return is below the stronger available figures, and that same pattern continues over 3 years and 5 years where multiple peers have delivered higher numbers. The short-term comparison therefore leans against the fund on raw return momentum. The longer-term comparison is more nuanced, because the fund still shows a stable multi-year track rather than a sharp drop-off, but it does not lead the peer set on the available figures.<\/p>\n<p>That split matters: short-term numbers show the fund lagging the faster-moving peers, while the longer-term numbers suggest a more restrained compounding style rather than a high-octane outcome. For investors, this is less about chasing the strongest return series and more about deciding whether the fund\u2019s steadier profile fits the rest of the portfolio.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 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>Market-cap bucket<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large Cap<\/td>\n<td>48.45%<\/td>\n<\/tr>\n<tr>\n<td>Mid Cap<\/td>\n<td>16.82%<\/td>\n<\/tr>\n<tr>\n<td>Small Cap<\/td>\n<td>5.63%<\/td>\n<\/tr>\n<tr>\n<td>Other Cap<\/td>\n<td>29.10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<th>Key holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>BANK<\/td>\n<td>32.26%<\/td>\n<td>KOTAK MAHINDRA BANK LIMITED (12.61%), HDFC BANK LIMITED (5.16%)<\/td>\n<\/tr>\n<tr>\n<td>DOMESTIC MUTUAL FUNDS UNITS<\/td>\n<td>7.86%<\/td>\n<td>ADITYA BIRLA SUN LIFE MONEY MANAGER FUND &#8211; GROWTH &#8211; DIRECT PLAN (3.18%), ADITYA BIRLA SUN LIFE LIQUID FUND &#8211; GROWTH &#8211; DIRECT PLAN (2.52%)<\/td>\n<\/tr>\n<tr>\n<td>GOVERNMENT SECURITIES<\/td>\n<td>7.05%<\/td>\n<td>GOVERNMENT OF INDIA (13\/11\/2030) (1.61%), GOVERNMENT OF INDIA (14\/08\/2033) (1.6%)<\/td>\n<\/tr>\n<tr>\n<td>AUTOMOBILE &#038; ANCILLARIES<\/td>\n<td>5.53%<\/td>\n<td>MAHINDRA &amp; MAHINDRA LIMITED (2.19%), WABCO INDIA LIMITED (1.31%)<\/td>\n<\/tr>\n<tr>\n<td>FINANCE<\/td>\n<td>5.18%<\/td>\n<td>NEXUS SELECT TRUST (1.07%), BAJAJ FINANCE LIMITED (1.01%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The market-cap mix is anchored by large-cap exposure at 48.45%, with another 29.10% shown under other-cap exposures, so the portfolio does not look concentrated in only one equity style. Mid-cap and small-cap exposure together account for 22.45%, which adds some return potential but also some variability.<\/p>\n<p>Banks are the clearest sector influence at 32.26%, and that is materially larger than the next sectors listed. In practice, this means financial-sector movement is likely to have the greatest influence on how the portfolio behaves, especially because Kotak Mahindra Bank and HDFC Bank together form the largest stock-level weights in the table.<\/p>\n<p>The remaining sectors are much smaller and provide diversification rather than dominance. Government securities and domestic mutual fund units indicate that the portfolio is not built as a pure equity bet, so the overall profile may stay more balanced than a concentrated stock portfolio, even though bank exposure remains the main watchpoint.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 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 fits investors who are comfortable with Medium Risk and want a hybrid allocation rather than a pure equity stance. The return path shows moderate long-term compounding, with a stronger 3-year stretch than the 5-year number and a recent 1-year return that has held up better than the benchmark.<\/p>\n<p>It is better suited to a medium-to-long investment horizon, because the fund\u2019s strength comes from steadier accumulation rather than a sudden return burst. The main trade-off is that investors may accept a more restrained upside in exchange for a portfolio that mixes equity, debt-style and other exposures more evenly than a concentrated equity fund.<\/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<ul>\n<li>0.25% if units are sold on or before 7 days.<\/li>\n<li>No exit load after the holding period.<\/li>\n<\/ul>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 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_Equity_Savings_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Aditya Birla SL Equity Savings Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b926.14 as of 28 August 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 returns are 6.78% for 1 year, 8.48% for 3 years and 7.23% for 5 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_benchmark\"><\/span>How does it compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has been ahead of the benchmark over 1 year and 3 years, while the 5-year return is broadly in line with it.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_risk_category_does_this_fund_fall_under\"><\/span>What risk category does this fund fall under?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It falls under the Medium Risk category and has a lower-volatility style suited to conservative investors who still want market-linked participation.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_concentrated_is_the_portfolio\"><\/span>How concentrated is the portfolio?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The portfolio is led by banks at 32.26%, with large-cap exposure at 48.45% and mid-cap plus small-cap exposure together at 22.45%. That makes banks the main sector influence, while the overall mix still remains diversified across equities and other exposures.<\/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 Equity Savings Fund Direct Growth Plan shows a steadier long-term profile than a strong upside story. It has held up better than the benchmark in some recent periods and over 3 years, but its 5-year return is only marginally ahead of the benchmark and below several peer returns. The Medium Risk label, the large-cap tilt and the meaningful bank exposure point to a balanced hybrid structure. For investors who want measured participation rather than aggressive equity-style gains, that mix can be appropriate.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 2:54 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 Equity Savings Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-equity-savings-fund-g-direct-plan\",\"category\":\"Hybrid\",\"dateCreated\":\"28 Nov 2014\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":26.14,\"valueReference\":\"as of 28 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"1123 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.54\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.781},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":8.4835},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":7.2316},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Lovelish Solanki, Harshil Suvarnkar, Rohit Karan\"}]}<\/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 Equity Savings Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b926.14 as of 28 August 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 6.78% for 1 year, 8.48% for 3 years and 7.23% for 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has been ahead of the benchmark over 1 year and 3 years, while the 5-year return is broadly in line with it.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What risk category does this fund fall under?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It falls under the Medium Risk category and has a lower-volatility style suited to conservative investors who still want market-linked participation.\"}},{\"@type\":\"Question\",\"name\":\"How concentrated is the portfolio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The portfolio is led by banks at 32.26%, with large-cap exposure at 48.45% and mid-cap plus small-cap exposure together at 22.45%. That makes banks the main sector influence, while the overall mix still remains diversified across equities and other exposures.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aditya Birla SL Equity Savings Fund Direct Growth Plan has a NAV of \u20b926.14 as of 28 August 2026, with 1Y, 3Y and 5Y returns of 6.78%, 8.48% and 7.23%.<\/p>\n","protected":false},"author":29,"featured_media":224314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["224314"],"rank_math_title":["Aditya Birla SL Equity Savings Fund Review 2026"],"rank_math_description":["Aditya Birla SL Equity Savings Fund NAV is \u20b926.14; 1Y return 6.78%. Review its returns, portfolio and risk in 2026."],"rank_math_focus_keyword":["Aditya Birla SL Equity Savings Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/Aditya_Birla_SL_Equity_Savings_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224318"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/224314"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}