{"id":224609,"date":"2026-08-31T15:52:53","date_gmt":"2026-08-31T10:22:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-aaa-financial-services-index-sep-2027-fund-direct-growth-review-2026\/"},"modified":"2026-09-15T16:18:34","modified_gmt":"2026-09-15T10:48:34","slug":"aditya-birla-sl-crisil-ibx-aaa-financial-services-index-sep-2027-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-crisil-ibx-aaa-financial-services-index-sep-2027-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 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-aaa-financial-services-index-sep-2027-fund-g-direct-plan\">Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan<\/a> has a NAV of \u20b911.433 as of 11 Sep 2026 and a scheme AUM of \u20b910 Cr. Its 1-year, 3-year and 5-year returns are 6.44%, 0% and 0%, and it carries a Balanced Risk label.<\/p>\n<p>Our view is that this is a short-duration, debt-oriented index fund built around AAA-rated financial services paper, so the return profile is likely to look steadier than equity funds but still tied to interest-rate and credit-spread conditions. The small AUM and the portfolio\u2019s concentration in a limited set of bonds matter for investors who want defined maturity-style exposure rather than broad market growth.<\/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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_CRISIL-IBX_AAA_Financial_Services_Index-Sep_2027\" title=\"Should you BUY or HOLD Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027?\">Should you BUY or HOLD Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027?<\/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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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-aaa-financial-services-index-sep-2027-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>\u20b911.433 as of 11 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b910 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.14%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>13 Nov 2024<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/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>Harshil Suvarnkar, Vighnesh Gupta<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Harshil Suvarnkar and Vighnesh Gupta.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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>0.44%<\/td>\n<td>-3.66%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.82%<\/td>\n<td>-1.91%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.44%<\/td>\n<td>-7.62%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/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>Recent behaviour has been constructive. Over 1 month and 3 months, the fund stayed positive while the benchmark was still negative, which points to a better short-term holding experience than the broad equity market proxy used here.<\/p>\n<p>The 1-year figure of 6.44% is also meaningfully better than the benchmark\u2019s -7.62%. That gap matters more than the level alone, because it shows the fund held up while the benchmark was under pressure.<\/p>\n<p>The daily pattern behind that 1-year outcome looks uneven rather than linear, with periods of softness followed by recovery. For an index-style debt fund, that is normal enough, but it still tells us the path is not flat and investors can see modest mark-to-market movement.<\/p>\n<p>Longer history is limited, so we would avoid reading too much into the unavailable 3-year and 5-year figures. The most useful takeaway is that the recent 1-year trend is stronger than the benchmark, but the fund is still early in its life as a 2024 launch.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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_AAA_Financial_Services_Index-Sep_2027\"><\/span>Should you BUY or HOLD Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027?<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 AAA Financial Services Index-Sep 2027? 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-aaa-financial-services-index-sep-2027-fund-g-direct-plan\">Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan<\/a><\/td>\n<td>6.44%<\/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-nasdaq-100-index-fund-g-direct-plan\">ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.61%<\/td>\n<td>29.92%<\/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>26.23%<\/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>26.22%<\/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>26.18%<\/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>25.91%<\/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. On 1-year return, the fund sits well below the equity-oriented peers listed here, which is expected given its debt-linked mandate and much lower volatility profile. The key distinction is that the peer set shows very strong equity-style gains over 1 year, while this fund\u2019s role is more about income-oriented stability than chasing those moves.<\/p>\n<p>Because 3-year and 5-year peer figures are unavailable for most of the table, the longer-horizon comparison is less informative than the 1-year picture. Even so, the current fund\u2019s limited track record and modest return profile suggest a very different objective from the growth-heavy peers, rather than a weaker version of the same strategy.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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>8.33% Aditya Birla Capital Ltd. (19\/05\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>9.88%<\/td>\n<\/tr>\n<tr>\n<td>8.04% Tata Capital Housing Finance Ltd. (19\/03\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>9.86%<\/td>\n<\/tr>\n<tr>\n<td>8.10% Bajaj Housing Finance Ltd. (08\/07\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>9.86%<\/td>\n<\/tr>\n<tr>\n<td>8.12% Bajaj Finance Ltd. (10\/09\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>9.86%<\/td>\n<\/tr>\n<tr>\n<td>7.56% REC Ltd. (31\/08\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>9.85%<\/td>\n<\/tr>\n<tr>\n<td>7.55% Power Finance Corporation Ltd. (15\/04\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>9.84%<\/td>\n<\/tr>\n<tr>\n<td>7.29% Kotak Mahindra Investments Ltd. (20\/07\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>9.78%<\/td>\n<\/tr>\n<tr>\n<td>6.90% LIC Housing Finance Ltd. (17\/09\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>9.76%<\/td>\n<\/tr>\n<tr>\n<td>8.34% HDB Financial Services Ltd. (05\/07\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>4.94%<\/td>\n<\/tr>\n<tr>\n<td>7.90% Mahindra &amp; Mahindra Financial Services Ltd. (30\/08\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>4.92%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 8.33% Aditya Birla Capital Ltd. (19\/05\/2027), and the next several positions are clustered tightly around the 9.8% to 9.9% mark. That tells us the portfolio is not dominated by one outsized line item, but by a group of similar-sized debt exposures.<\/p>\n<p>Weight then steps down to 4.94% and 4.92% in the ninth and tenth holdings. That drop is not dramatic, yet it is enough to show that the table is built around a core basket with a smaller second tier underneath it.<\/p>\n<p>The top 10 holdings account for approximately 88.55% of the portfolio, and there are 14 disclosed holdings in total. In our view, that means the fund may be fairly concentrated in a limited tail of positions, so individual issuers could have greater influence than in a more widely spread debt portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-crisil-ibx-aaa-financial-services-index-sep-2027-fund-g-direct-plan\">Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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 profile and want exposure that is more measured than equity-oriented alternatives. The return pattern suggests a stable, income-style holding may be more appropriate than a satellite growth allocation, especially because the benchmark comparison has been favorable only over the recent periods shown.<\/p>\n<p>The better fit is likely someone with a medium-term horizon who can tolerate modest price variation in exchange for AAA financial-services credit exposure. The main trade-off is that the fund may offer steadier behaviour than equity peers, but it is not built to deliver the kind of upside those peers have shown over 1 year.<\/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> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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 AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan?<\/strong><br \/>The NAV is \u20b911.433 as of 11 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The 1-year return is 6.44%. The 3-year and 5-year returns are Data not available in the current track record.<\/p>\n<p><strong>How has the fund done versus its benchmark?<\/strong><br \/>Over 1 month, 3 months and 1 year, the fund has stayed ahead of the benchmark figures shown here. That makes the recent trend better than the benchmark\u2019s short-term and 1-year path.<\/p>\n<p><strong>How does the fund compare with the peer funds listed here?<\/strong><br \/>On 1-year return, it is well below the equity-style peer funds shown in the comparison table. The difference mainly reflects the fund\u2019s debt-oriented role rather than a simple performance gap.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP is \u20b91,000.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Harshil Suvarnkar and Vighnesh Gupta. The exit load is nil, so there is no exit-load charge on redemption.<\/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 the benchmark and clearly more conservative than the equity-style peers in the comparison set. Its short history limits long-run conclusions, but the current profile points to a debt-oriented strategy with AAA financial-services exposure and a fairly concentrated basket of holdings. For investors who want measured risk and can accept a more modest return path, it may be a reasonable fit within a broader fixed-income allocation.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 15 September 2026 at 4:15 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 AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-crisil-ibx-aaa-financial-services-index-sep-2027-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"13 Nov 2024\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.433,\"valueReference\":\"as of 11 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"10 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.14\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.44},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Harshil Suvarnkar, Vighnesh Gupta\"}]}<\/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 AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The NAV is \u20b911.433 as of 11 Sep 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 6.44%. The 3-year and 5-year returns are Data not available in the current track record.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done versus its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Over 1 month, 3 months and 1 year, the fund has stayed ahead of the benchmark figures shown here. That makes the recent trend better than the benchmark\u2019s short-term and 1-year path.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On 1-year return, it is well below the equity-style peer funds shown in the comparison table. The difference mainly reflects the fund\u2019s debt-oriented role rather than a simple performance gap.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP is \u20b91,000.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Harshil Suvarnkar and Vighnesh Gupta. The exit load is nil, so there is no exit-load charge on redemption.\"}}]}<\/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 AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan has a NAV of \u20b911.433 as of 11 Sep 2026, AUM of \u20b910 Cr and 1-year return of 6.44%.<\/p>\n","protected":false},"author":38,"featured_media":247396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247396"],"rank_math_title":["Aditya Birla SL CRISIL-IBX AAA Fund Review"],"rank_math_description":["Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Direct Growth Plan review: NAV \u20b911.433, 1Y return 6.44%."],"rank_math_focus_keyword":["Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 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_AAA_Financial_Services_Index_Sep_2027_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Sh_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224609","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=224609"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224609\/revisions"}],"predecessor-version":[{"id":247398,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224609\/revisions\/247398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247396"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}