{"id":224691,"date":"2026-08-31T16:10:29","date_gmt":"2026-08-31T10:40:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-conservative-hybrid-active-fof-direct-growth-review-2026\/"},"modified":"2026-09-10T13:38:37","modified_gmt":"2026-09-10T08:08:37","slug":"aditya-birla-sl-conservative-hybrid-active-fof-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-conservative-hybrid-active-fof-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Conservative Hybrid Active FOF Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-conservative-hybrid-active-fof-g-direct-plan\">Aditya Birla SL Conservative Hybrid Active FOF Direct Growth Plan<\/a> has a NAV of \u20b938.105 as of 08 Sep 2026 and a scheme AUM of \u20b918 Cr. Its 1-year, 3-year and 5-year returns are 5.21%, 9.37% and 8.86% respectively, and the fund sits in the Medium Risk bucket. Our view is that it suits investors looking for a comparatively steady hybrid-style allocation through a fund-of-funds structure, with the main trade-off being that short-term moves can stay close to the market while long-term returns have remained moderate rather than aggressive.<\/p>\n<p>The fund has a Nifty 50 benchmark and a one-year return pattern that is more restrained than its 3-year and 5-year numbers. That combination suggests a scheme that has delivered better compounding over longer periods than in the recent year, while still carrying enough equity exposure to fluctuate around the broader market.<\/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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Conservative_Hybrid_Active_FOF\" title=\"Should you BUY or HOLD Aditya Birla SL Conservative Hybrid Active FOF?\">Should you BUY or HOLD Aditya Birla SL Conservative Hybrid Active FOF?<\/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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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-conservative-hybrid-active-fof-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>\u20b938.105 as of 08 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b918 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.55%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/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>Fund of Fund<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% on or before 1Y, Nil after 1Y<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Kartikeya Singh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Kartikeya Singh.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.39%<\/td>\n<td>-4.69%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.54%<\/td>\n<td>0.93%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.21%<\/td>\n<td>-7.16%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>9.37%<\/td>\n<td>6%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>8.86%<\/td>\n<td>5.87%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>In the near term, the fund has held up better than the benchmark over 1 month, 3 months and 1 year. That matters because the latest year was not a strong one for the benchmark, while the fund still managed a positive return. The one-month reading is slightly negative, so recent momentum is not uniformly strong, but it is still less weak than the benchmark over the same stretch.<\/p>\n<p>The longer view is healthier. The 3-year return of 9.37% and the 5-year return of 8.86% both sit above the benchmark\u2019s 6% and 5.87% respectively. That tells us the fund has been able to compound at a better pace than the benchmark across the medium and longer horizon, even though it has not produced an explosive return profile. The 3-year path also shows that performance has improved from an earlier softer phase.<\/p>\n<p>We also see a steadier long-run pattern than a sharp one-way trend. The return path over the last 5 years includes stretches of recovery and a few pullbacks, but the overall direction has been upward. For investors, that usually points to a fund that may suit gradual compounding expectations more than tactical performance chasing.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Aditya_Birla_SL_Conservative_Hybrid_Active_FOF\"><\/span>Should you BUY or HOLD Aditya Birla SL Conservative Hybrid Active FOF?<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 Conservative Hybrid Active FOF? 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-conservative-hybrid-active-fof-g-direct-plan\">Aditya Birla SL Conservative Hybrid Active FOF Direct Growth Plan<\/a><\/td>\n<td>5.21%<\/td>\n<td>9.37%<\/td>\n<td>8.86%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-silver-etf-fof-g-direct-plan\">SBI Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>84.9%<\/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\/kotak-silver-etf-fof-g-direct-plan\">Kotak Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>84.03%<\/td>\n<td>46.21%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-silver-etf-fof-g-direct-plan\">Nippon India Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>83.29%<\/td>\n<td>46.02%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/zerodha-silver-etf-fof-g-direct-plan\">Zerodha Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>82.53%<\/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-silver-etf-fof-g-direct-plan\">Aditya Birla SL Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>82.46%<\/td>\n<td>45.91%<\/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 is far below the silver-ETF FoF names listed here, but those peers are pursuing a very different kind of exposure. Against the more relevant medium-term figures available, the current fund\u2019s 3-year and 5-year returns are lower than the silver-focused peers shown with 3-year numbers, yet its profile is also materially steadier and tied to a conservative-hybrid style rather than a commodity-led move. For an investor comparing only the available numbers, the short-term story and the longer-term story are not the same: the fund has been modest recently, but its longer horizon remains more balanced.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Aditya Birla Sun Life Short Term Fund &#8211; Direct Plan &#8211; Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>38.49%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Corporate Bond Fund &#8211; Growth Option &#8211; Direct Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>38%<\/td>\n<\/tr>\n<tr>\n<td>Aditya Birla Sun Life Flexi Cap Fund &#8211; Growth &#8211; Direct Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>5.81%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Prudential Large Cap Fund (Erstwhile Bluechip Fund) &#8211; Direct Plan &#8211; Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>4.17%<\/td>\n<\/tr>\n<tr>\n<td>Kotak Multicap Fund-Direct Plan-Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>3.81%<\/td>\n<\/tr>\n<tr>\n<td>Nippon India Growth Mid Cap Fund &#8211; Direct Plan Growth Plan &#8211; Growth Option<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>3.64%<\/td>\n<\/tr>\n<tr>\n<td>DSP Small Cap Fund &#8211; Direct Plan &#8211; Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>3.29%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>1.88%<\/td>\n<\/tr>\n<tr>\n<td>Aditya Birla Sun Life Large Cap Fund &#8211; Growth &#8211; Direct Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>1.33%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Aditya Birla Sun Life Short Term Fund &#8211; Direct Plan &#8211; Growth at 38.49%, which is large enough to be a meaningful driver of day-to-day movement. The next holding, HDFC Corporate Bond Fund &#8211; Growth Option &#8211; Direct Plan, is close behind at 38%, so the portfolio is not built around one isolated position. Instead, the top two sleeves together dominate the disclosed mix and likely anchor the fund\u2019s conservative profile.<\/p>\n<p>After those two positions, the weights fall away sharply. The third holding is only 5.81%, and the rest of the list remains in a much narrower band, with the tenth-disclosed holding absent because only nine holdings are shown. That drop-off suggests the portfolio is not evenly spread across many similarly sized positions; it is led by a few very large allocations and then a long tail of much smaller ones.<\/p>\n<p>Because the nine disclosed holdings account for 100% of the portfolio, we can see the full visible allocation rather than a partial snapshot. That makes the fund look fairly concentrated within its chosen set of underlying funds, even though the underlying exposures themselves are diversified across debt, equity and cash-like instruments. The overall structure may help stability, but the largest sleeves are likely to have greater influence on returns than the smaller ones.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who are comfortable with a Medium Risk profile and want a hybrid-style allocation without expecting equity-fund type upside. The 1-year return has been positive but modest, while the 3-year and 5-year numbers show better compounding than the benchmark over longer periods. That pattern makes the fund more suitable for a medium to long horizon rather than short-term outcome seeking.<\/p>\n<p>The main trade-off is that the portfolio is led by large debt-oriented and fund-of-fund exposures, so the return path can be steadier but also less exciting than more aggressive equity options. Investors who want a balance between capital stability and participation in market-linked growth may find the structure understandable. Those who need very strong near-term upside, or who cannot tolerate moderate fluctuations, may find the return profile too restrained.<\/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> 1% on or before 1Y, Nil after 1Y.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Aditya Birla SL Conservative Hybrid Active FOF Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b938.105 as of 08 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s returns are 5.21% for 1 year, 9.37% for 3 years and 8.86% for 5 years.<\/p>\n<p><strong>How does it compare with the benchmark?<\/strong><br \/>It has beaten the NIFTY 50 over 1 year, 3 years and 5 years, with benchmark returns of -7.16%, 6% and 5.87% in those periods.<\/p>\n<p><strong>How does it compare with the peer funds listed here?<\/strong><br \/>Its 1-year return is much lower than the silver ETF FoF peers shown here, while its 3-year and 5-year returns are also lower where those peer figures are available. The comparison also reflects that those peers have a very different return pattern and exposure style.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>No minimum SIP amount is stated here.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>Kartikeya Singh manages the fund. The exit load is 1% on or before 1 year and nil after 1 year.<\/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 Conservative Hybrid Active FOF Direct Growth Plan has shown a modest recent year, but its 3-year and 5-year returns are stronger than the benchmark and suggest a better longer-term compounding pattern. The fund\u2019s Medium Risk label and concentrated top holdings point to a structure that may offer steadier movement than pure equity funds, while still staying linked to market conditions. It looks most suitable for investors who want a balanced, multi-sleeve allocation and are comfortable with moderate returns rather than fast growth.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 10 September 2026 at 1:36 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 Conservative Hybrid Active FOF Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-conservative-hybrid-active-fof-g-direct-plan\",\"category\":\"Fund of Fund\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":38.105,\"valueReference\":\"as of 08 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"18 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.55\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.21},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":9.37},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":8.86},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Kartikeya Singh\"}]}<\/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 Conservative Hybrid Active FOF Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b938.105 as of 08 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 5.21% for 1 year, 9.37% for 3 years and 8.86% for 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has beaten the NIFTY 50 over 1 year, 3 years and 5 years, with benchmark returns of -7.16%, 6% and 5.87% in those periods.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is much lower than the silver ETF FoF peers shown here, while its 3-year and 5-year returns are also lower where those peer figures are available. The comparison also reflects that those peers have a very different return pattern and exposure style.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No minimum SIP amount is stated here.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Kartikeya Singh manages the fund. The exit load is 1% on or before 1 year and nil after 1 year.\"}}]}<\/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 Conservative Hybrid Active FOF Direct Growth Plan review 2026: NAV \u20b938.105, 1Y 5.21%, 3Y 9.37%, 5Y 8.86% and Medium Risk.<\/p>\n","protected":false},"author":38,"featured_media":241137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["241137"],"rank_math_title":["Aditya Birla SL Conservative Hybrid FOF Review"],"rank_math_description":["Aditya Birla SL Conservative Hybrid Active FOF Direct Growth Plan NAV is \u20b938.105; 1Y return is 5.21% and 5Y return is 8.86%."],"rank_math_focus_keyword":["Aditya Birla SL Conservative Hybrid Active FOF 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_Conservative_Hybrid_Active_FOF_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\/224691","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=224691"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224691\/revisions"}],"predecessor-version":[{"id":241141,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224691\/revisions\/241141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/241137"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}