{"id":224453,"date":"2026-08-31T15:28:22","date_gmt":"2026-08-31T09:58:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-17T17:10:47","modified_gmt":"2026-09-17T11:40:47","slug":"aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p>Our view is that the <a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-g-direct-plan\">Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan<\/a> is a defined-horizon debt index fund with a NAV of \u20b913.3751 as of 16 Sep 2026 and scheme AUM of \u20b9405 Cr. Its 1-year, 3-year and 5-year returns are 5.56%, 7.41% and 0%, respectively, and the risk category is Balanced Risk.<\/p>\n<p>We think it suits investors looking for a sovereign-heavy allocation with moderate rate sensitivity rather than aggressive return chasing. The portfolio is concentrated in government securities and state government securities, so the fund\u2019s behaviour will likely track interest-rate moves and bond-price shifts more than equity-market cycles.<\/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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_CRISIL_IBX_50_50_Gilt_Plus_SDL_Apr_2028_Index\" title=\"Should you BUY or HOLD Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index?\">Should you BUY or HOLD Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index?<\/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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-10\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-11\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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>\u20b913.3751 as of 16 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9405 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.2%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>13 Oct 2022<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced 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>Index Funds<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Mohit Sharma, Sanjay Godambe<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Mohit Sharma and Sanjay Godambe.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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>0.17%<\/td>\n<td>-4.41%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.27%<\/td>\n<td>-3.6%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.56%<\/td>\n<td>-7.76%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.41%<\/td>\n<td>5.74%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is steadier than the benchmark\u2019s short-term swings. Over 1M and 3M, the fund stayed positive while the benchmark was negative, which suggests the portfolio held up better in the latest phase of rate and price movement.<\/p>\n<p>The 1-year figure also shows the fund ahead of the benchmark, which is a useful sign for investors who care about relative resilience. At the same time, the 3-year return is positive but not especially high, so this is still a conservative compounding story rather than a high-growth one.<\/p>\n<p>Looking at the longer path, the fund\u2019s performance has improved more gradually than aggressively. The 3-year trend is better than the shorter snapshots, which tells us the underlying bond mix has been able to deliver a more stable outcome over time, but without large jumps in return.<\/p>\n<p>Because the benchmark itself has been weak over the recent one-year window, the comparison is more about stability than outperformance across every horizon. Our read is that this fund has behaved more defensively in the recent period, while the longer-term outcome remains moderate and steady.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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_CRISIL_IBX_50_50_Gilt_Plus_SDL_Apr_2028_Index\"><\/span>Should you BUY or HOLD Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index?<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 CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index? 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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-g-direct-plan\">Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan<\/a><\/td>\n<td>5.56%<\/td>\n<td>7.41%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nasdaq-100-index-fund-g-direct-plan\">ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>29.31%<\/td>\n<td>30.01%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-nifty-capital-markets-index-fund-g-direct-plan\">Tata Nifty Capital Markets Index Fund Direct Growth Plan<\/a><\/td>\n<td>21.45%<\/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\/motilal-oswal-nifty-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>21.13%<\/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\/motilal-oswal-nifty-midsmall-financial-services-index-fund-g-direct-plan\">Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan<\/a><\/td>\n<td>20.68%<\/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\/icici-pru-nifty-pharma-index-fund-g-direct-plan\">ICICI Pru Nifty Pharma Index Fund Direct Growth Plan<\/a><\/td>\n<td>17.57%<\/td>\n<td>18.84%<\/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>The fund\u2019s 1-year return trails the faster-growing peer funds in the table by a wide margin, while its own 3-year return is more modest than the stronger multi-year figures shown by the equity-oriented peers. That is not a flaw in itself; it simply reflects a very different return profile.<\/p>\n<p>Compared with peers that have 3-year data, the fund\u2019s 7.41% is lower than the more growth-heavy entries but still positive and consistent with a debt-oriented strategy. The short-term comparison and the longer-term comparison tell different stories: the latest return profile is steady, while the peer set includes funds with much sharper upside but also a different risk profile.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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>Government of India (10\/04\/2028)<\/td>\n<td>Government Securities<\/td>\n<td>26.62%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (14\/03\/2028)<\/td>\n<td>Government Securities<\/td>\n<td>18.95%<\/td>\n<\/tr>\n<tr>\n<td>Government of India (21\/09\/2027)<\/td>\n<td>Government Securities<\/td>\n<td>11.37%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (18\/04\/2028)<\/td>\n<td>Government Securities<\/td>\n<td>6.91%<\/td>\n<\/tr>\n<tr>\n<td>Government of India (20\/06\/2027)<\/td>\n<td>Government Securities<\/td>\n<td>6.24%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (25\/04\/2028)<\/td>\n<td>Government Securities<\/td>\n<td>5.68%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (27\/03\/2028)<\/td>\n<td>Government Securities<\/td>\n<td>5.13%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (22\/04\/2028)<\/td>\n<td>Government Securities<\/td>\n<td>4.87%<\/td>\n<\/tr>\n<tr>\n<td>0% GOI &#8211; (12\/03\/2028) Strips<\/td>\n<td>Government Securities<\/td>\n<td>3.51%<\/td>\n<\/tr>\n<tr>\n<td>Net Receivable \/ Payable<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>2.65%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding alone accounts for 26.62%, which is meaningful for a debt index fund and may have a visible influence on performance. The next few positions are also sizable, so the fund does not spread weight evenly across many small bets.<\/p>\n<p>There is a noticeable step-down from the largest line to the tenth, where the displayed weights range from 26.62% to 2.65%. That pattern suggests the portfolio is anchored by a few large government-securities positions, with the rest adding supporting exposure rather than dominating returns.<\/p>\n<p>Since the displayed holdings add up to 91.93% across 10 disclosed positions, the portfolio appears fairly concentrated at the top even though it still includes 16 disclosed holdings overall. That mix could make the fund more responsive to movements in a limited set of sovereign and state borrowing lines.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-g-direct-plan\">Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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 fits investors who are comfortable with a balanced-risk debt allocation and can hold through ordinary interest-rate swings. The 1-year and 3-year numbers suggest a steadier return profile than the benchmark over the recent period, but the fund is not built to deliver equity-like upside.<\/p>\n<p>A medium- to longer-term horizon is more sensible here, because the portfolio is concentrated in government securities that tend to work best when held with patience. The main trade-off is accepting moderate return potential in exchange for a more controlled bond-oriented profile and no exit load.<\/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>Exit load: No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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<p><strong>What is the current NAV of Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b913.3751 as of 16 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year return is 5.56%, its 3-year return is 7.41%, and its 5-year return is 0%.<\/p>\n<p><strong>How does the fund compare with the benchmark?<\/strong><br \/>It has done better than the benchmark in the recent 1-month, 3-month and 1-year periods, while the 3-year return is also ahead of the benchmark figure shown here.<\/p>\n<p><strong>How does it compare with the peer funds listed here?<\/strong><br \/>Its recent return profile is much more conservative than the higher-return equity-oriented peers listed here. On the available multi-year figures, it remains a steadier debt-style option rather than a high-growth one.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9500.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Mohit Sharma and Sanjay Godambe. There is no exit load.<\/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>This fund\u2019s recent return pattern is steadier than its benchmark and more modest than the more aggressive peer funds shown here, while the 3-year outcome remains positive rather than dramatic. The risk category is Balanced Risk, and the portfolio is heavily tilted toward government securities, which makes the structure easier to understand but also more rate-sensitive. For investors looking for a debt-oriented holding with a defined horizon and no exit load, the fund offers a measured profile rather than a return-chasing one.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 17 September 2026 at 5:09 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 CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"13 Oct 2022\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":13.3751,\"valueReference\":\"as of 16 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"405 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.2\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.56},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.41},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Mohit Sharma, Sanjay Godambe\"}]}<\/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 CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b913.3751 as of 16 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 5.56%, its 3-year return is 7.41%, and its 5-year return is 0%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the benchmark in the recent 1-month, 3-month and 1-year periods, while the 3-year return is also ahead of the benchmark figure shown here.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its recent return profile is much more conservative than the higher-return equity-oriented peers listed here. On the available multi-year figures, it remains a steadier debt-style option rather than a high-growth one.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Mohit Sharma and Sanjay Godambe. There is no exit load.\"}}]}<\/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 CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan has a NAV of \u20b913.3751 as of 16 Sep 2026 and an AUM of \u20b9405 Cr. Its 1-year, 3-year and 5-year returns are 5.56%, 7.41% and 0%, and the risk category is Balanced Risk. We think it suits investors who can accept moderate interest-rate movement for a defined-horizon debt allocation, especially when the portfolio is dominated by sovereign and state government securities.<\/p>\n","protected":false},"author":38,"featured_media":254118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["254118"],"rank_math_title":["Aditya Birla SL Gilt SDL 2028 Review 2026"],"rank_math_description":["Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan review: NAV \u20b913.3751, 1Y return 5.56%."],"rank_math_focus_keyword":["Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index 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\/09\/Aditya_Birla_SL_CRISIL_IBX_5050_Gilt_Plus_SDL_Apr_2028_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224453","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\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224453"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224453\/revisions"}],"predecessor-version":[{"id":254123,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224453\/revisions\/254123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/254118"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}