{"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":"2026-08-31T15:28:22","modified_gmt":"2026-08-31T09:58:22","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><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> had an NAV of \u20b913.3632 as of 28 Aug 2026 and an AUM of \u20b9405 Cr. Its 1-year, 3-year and 5-year returns are 6.0092%, 7.5404% and 0%, and the risk category is Balanced Risk. Our view is that the fund has delivered steadier medium-term results than its benchmark, while the short-term return pattern remains moderate rather than strong.<\/p>\n<p>That makes it relevant for investors who want a short-duration government-securities-heavy index strategy with no exit load and a defined maturity profile. The portfolio is almost entirely in government securities, so behaviour is likely to track interest-rate movements and the path of those securities more than equity-style market swings.<\/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><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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Aditya_Birla_SL_CRISIL_IBX_50_50_Gilt_Plus_SDL_Apr_2028_Index_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan?\">What is the current NAV of Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index 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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/#How_has_the_fund_done_versus_its_benchmark\" title=\"How has the fund done versus its benchmark?\">How has the fund done versus 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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/#How_does_it_compare_with_the_other_funds_shown_here\" title=\"How does it compare with the other funds shown here?\">How does it compare with the other funds shown 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-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-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-14\" href=\"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-50-50-gilt-plus-sdl-apr-2028-index-fund-direct-growth-review-2026\/#What_are_the_portfolio_focus_and_exit-load_features\" title=\"What are the portfolio focus and exit-load features?\">What are the portfolio focus and exit-load features?<\/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-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-16\" 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-17\" 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>Detail<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b913.3632<\/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 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>0.43%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.02%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.01%<\/td>\n<td>-2.29%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.54%<\/td>\n<td>6.4%<\/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 picture is mixed, but not weak. Over 1 month the fund stayed slightly positive while the benchmark was negative, which suggests the structure has been able to hold up better in a choppier patch.<\/p>\n<p>At 3 months, the benchmark moved ahead, so the shorter window does not point to a clean outperformance trend. That said, the fund\u2019s 1-year return is clearly positive while the benchmark\u2019s 1-year return is negative, which is the clearest sign of relative strength in the available period set.<\/p>\n<p>The 3-year return is also above the benchmark, though by a smaller margin than the 1-year gap. That tells us the fund has compounded at a moderate but consistent pace rather than producing sharp bursts. The 5-year field is not available, so we do not read a longer cycle into this beyond the fund\u2019s own short history since launch in 2022.<\/p>\n<p>In practical terms, the pattern fits a debt-oriented index fund that is likely to move with interest-rate shifts and the pricing of the underlying securities. The near-term series shows some back-and-forth, but the broader medium-term trend is more orderly than dramatic.<\/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_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>6.01%<\/td>\n<td>7.54%<\/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>35.235%<\/td>\n<td>31.2535%<\/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>32.3519%<\/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\/tata-nifty-capital-markets-index-fund-g-direct-plan\">Tata Nifty Capital Markets Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.0816%<\/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-india-defence-index-fund-g-direct-plan\">Motilal Oswal Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.9037%<\/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\/aditya-birla-sl-nifty-india-defence-index-fund-g-direct-plan\">Aditya Birla SL Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.8928%<\/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 available peer set, the fund\u2019s 1-year return is much lower than the equity-oriented peers listed here, which is consistent with its debt-like profile rather than a growth-equity mandate. The 3-year figure also trails the strongest peer numbers shown, but that gap is not a useful like-for-like comparison because the peer group here contains very different strategies.<\/p>\n<p>What matters more is that the fund\u2019s own medium-term return is steadier and closer to its benchmark style than the equity funds in the table. The short-term and longer-term peer pictures therefore tell different stories: the fund does not compete on raw return magnitude, but it does provide a more stable debt-oriented path within this set.<\/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<p>The market-cap mix is fully placed in other-cap exposure at 100%, with no large-cap, mid-cap or small-cap allocation shown. That means the portfolio should be read through its instrument mix rather than an equity-style market-cap lens.<\/p>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Allocation<\/th>\n<th>Top holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Government Securities<\/td>\n<td>97.2%<\/td>\n<td>Government of India (10\/04\/2028) &#8211; 35.47%; State Government Securities (14\/03\/2028) &#8211; 18.52%<\/td>\n<\/tr>\n<tr>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>2.8%<\/td>\n<td>Clearing Corporation of India Limited &#8211; 1.92%; Net Receivables \/ (Payables) &#8211; 0.61%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest exposure is overwhelmingly concentrated in government securities, and that is materially larger than the cash and net-asset bucket. Within government securities, the two named holdings together dominate the structure, so the portfolio may be shaped most by how these sovereign and state-linked instruments reprice.<\/p>\n<p>This composition leaves little room for sector diversification in the usual equity sense. Instead, the fund\u2019s behaviour is likely to be driven mainly by duration, yield movements and the pricing of the bond holdings, while the small cash component may only act as a buffer.<\/p>\n<p>Because the government-securities bucket is so dominant, it is likely to have the greatest influence on portfolio behaviour. The two specific securities also suggest the fund is not a broad credit play; it is a focused fixed-income index structure with limited secondary exposure outside the main bond book.<\/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 suits investors who are comfortable with a Balanced Risk profile and who want a debt-oriented index strategy rather than a high-growth equity approach. The return pattern is moderate: the 1-year and 3-year numbers are positive, but they are not fast-moving, and the 5-year field is not available because the fund has a relatively short track record.<\/p>\n<p>The benchmark comparison shows that the fund has held up better over 1 year and 3 years, even though the shorter 3-month window was less favorable. That makes the fund more appropriate for investors with a medium-term horizon who can accept periods of rate-driven fluctuation in exchange for a more controlled profile.<\/p>\n<p>The main trade-off is straightforward: the portfolio looks stable and government-securities-heavy, but that also limits the chance of equity-like upside. It may appeal to investors who want a defined fixed-income style allocation and can live with modest return outcomes instead of chasing sharper market swings.<\/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 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_CRISIL_IBX_50_50_Gilt_Plus_SDL_Apr_2028_Index_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b913.3632 as of 28 Aug 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 1-year return is 6.0092%, the 3-year return is 7.5404% and the 5-year return is not available.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_done_versus_its_benchmark\"><\/span>How has the fund done versus its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund has outpaced the benchmark over 1 year and 3 years, while the benchmark was stronger over 3 months. Over 1 month, the fund was slightly positive while the benchmark was negative.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_other_funds_shown_here\"><\/span>How does it compare with the other funds shown here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its returns are far lower than the equity-oriented funds listed in the peer table, but that difference reflects the fund\u2019s debt-oriented structure rather than a like-for-like contest. Within its own style, the return path is steadier than those higher-volatility peers.<\/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 \u20b9500.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_portfolio_focus_and_exit-load_features\"><\/span>What are the portfolio focus and exit-load features?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The portfolio is 97.2% in government securities and 2.8% in cash and net assets. There is no exit load, and the fund is managed by Mohit Sharma and Sanjay Godambe.<\/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>The fund\u2019s recent performance is steady rather than flashy, and its 1-year and 3-year returns are better than the benchmark on the available figures. It does not match the equity-oriented peer returns shown here, but that difference is expected given its government-securities-heavy structure and Balanced Risk label. For investors who want a more controlled fixed-income profile, the portfolio composition and no-exit-load feature are the main takeaways.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 3:26 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\":13.3632,\"valueReference\":\"as of 28 Aug 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\":6.0092},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.5404},{\"@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 \u20b913.3632 as of 28 Aug 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 6.0092%, the 3-year return is 7.5404% and the 5-year return is not available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done versus its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund has outpaced the benchmark over 1 year and 3 years, while the benchmark was stronger over 3 months. Over 1 month, the fund was slightly positive while the benchmark was negative.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the other funds shown here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its returns are far lower than the equity-oriented funds listed in the peer table, but that difference reflects the fund\u2019s debt-oriented structure rather than a like-for-like contest. Within its own style, the return path is steadier than those higher-volatility peers.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"What are the portfolio focus and exit-load features?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The portfolio is 97.2% in government securities and 2.8% in cash and net assets. There is no exit load, and the fund is managed by Mohit Sharma and Sanjay Godambe.\"}}]}<\/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 CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan has an NAV of \u20b913.3632 as of 28 Aug 2026. See returns, portfolio and investor fit.<\/p>\n","protected":false},"author":29,"featured_media":224452,"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":["224452"],"rank_math_title":["Aditya Birla SL Gilt SDL Apr 2028 Review"],"rank_math_description":["Aditya Birla SL CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Plan has an NAV of \u20b913.3632 and 1Y return of 6.01%."],"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\/08\/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\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224453"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/224452"}],"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}]}}