{"id":224768,"date":"2026-08-31T16:38:22","date_gmt":"2026-08-31T11:08:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-medium-to-long-term-fund-direct-growth-review-2026\/"},"modified":"2026-09-09T16:03:31","modified_gmt":"2026-09-09T10:33:31","slug":"aditya-birla-sl-medium-to-long-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-medium-to-long-term-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Medium to Long Term 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-medium-to-long-term-fund-g-direct-plan\">Aditya Birla SL Medium to Long Term Fund Direct Growth Plan<\/a> has a NAV of \u20b9140.7633 as of 08 Sep 2026 and an AUM of \u20b91,770 Cr. Its 1-year, 3-year and 5-year returns are 4.04%, 6.28% and 5.6%, and the fund carries a Medium Risk label. Our view is that it suits conservative debt investors who want relatively steady behaviour more than fast compounding.<\/p>\n<p>The fund has stayed close to its benchmark over longer periods, while the shorter-term pattern has been a little softer. The portfolio is also led by government securities and other fixed-income instruments, which supports stability, but the return profile still looks modest versus higher-yielding corporate bond peers.<\/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-medium-to-long-term-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-medium-to-long-term-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-medium-to-long-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Medium_to_Long_Term\" title=\"Should you BUY or HOLD Aditya Birla SL Medium to Long Term?\">Should you BUY or HOLD Aditya Birla SL Medium to Long Term?<\/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-medium-to-long-term-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-medium-to-long-term-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-medium-to-long-term-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-medium-to-long-term-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-medium-to-long-term-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-medium-to-long-term-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Aditya_Birla_SL_Medium_to_Long_Term_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Aditya Birla SL Medium to Long Term Fund Direct Growth Plan?\">What is the current NAV of Aditya Birla SL Medium to Long Term 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-medium-to-long-term-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-medium-to-long-term-fund-direct-growth-review-2026\/#How_has_the_fund_performed_against_its_benchmark\" title=\"How has the fund performed against its benchmark?\">How has the fund performed against 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-medium-to-long-term-fund-direct-growth-review-2026\/#How_does_it_compare_with_peer_funds_on_available_return_data\" title=\"How does it compare with peer funds on available return data?\">How does it compare with peer funds on available return data?<\/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-medium-to-long-term-fund-direct-growth-review-2026\/#What_is_the_exit_load_and_tax_treatment\" title=\"What is the exit load and tax treatment?\">What is the exit load and tax treatment?<\/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-medium-to-long-term-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_risk_category\" title=\"Who manages the fund and what is the risk category?\">Who manages the fund and what is the risk category?<\/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-medium-to-long-term-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-medium-to-long-term-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-medium-to-long-term-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>\u20b9140.7633 as of 08 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b91,770 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.7%<\/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>\u20b91,000<\/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>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load after holding period<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Bhupesh Bameta<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Bhupesh Bameta.<\/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>-0.6%<\/td>\n<td>-3.86%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.61%<\/td>\n<td>1.69%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>4.04%<\/td>\n<td>-5.72%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>6.28%<\/td>\n<td>6.3%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>5.6%<\/td>\n<td>6.05%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The most recent month was mildly negative, but the fall was much smaller than the benchmark\u2019s decline. That tells us the fund has been relatively resilient in a weak patch, even though it did not generate positive one-month returns.<\/p>\n<p>At the three-month horizon, the fund and benchmark were almost identical. This is important because it suggests the recent run has been broadly in line with the market backdrop rather than driven by a sharp fund-specific rerating.<\/p>\n<p>The one-year figure is more striking: the fund has delivered a positive 4.04% while the benchmark is down 5.72%. In our view, that gap shows clear short-term outperformance, but it also needs to be set against the longer view, where the edge narrows.<\/p>\n<p>Over three and five years, the fund has been close to the benchmark, and slightly below it at five years. So the pattern is not one of sustained separation from the index; instead, it has alternated between short-term resilience and longer-term tracking behaviour.<\/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_Medium_to_Long_Term\"><\/span>Should you BUY or HOLD Aditya Birla SL Medium to Long Term?<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 Medium to Long Term? 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-medium-to-long-term-fund-g-direct-plan\">Aditya Birla SL Medium to Long Term Fund Direct Growth Plan<\/a><\/td>\n<td>4.04%<\/td>\n<td>6.28%<\/td>\n<td>5.6%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-corporate-bond-fund-a-g-direct-plan\">Franklin India Corporate Bond Fund-A Direct Growth Plan<\/a><\/td>\n<td>6.51%<\/td>\n<td>8.09%<\/td>\n<td>6.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-corp-bond-fund-g-direct-plan\">Baroda BNP Paribas Corp Bond Fund Direct Growth Plan<\/a><\/td>\n<td>6.44%<\/td>\n<td>7.84%<\/td>\n<td>6.28%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-corp-bond-fund-g-direct-plan\">ICICI Pru Corp Bond Fund Direct Growth Plan<\/a><\/td>\n<td>6.25%<\/td>\n<td>7.57%<\/td>\n<td>6.83%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/dsp-corp-bond-fund-g-direct-plan\">DSP Corp Bond Fund Direct Growth Plan<\/a><\/td>\n<td>6.23%<\/td>\n<td>7.42%<\/td>\n<td>6.04%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-corp-bond-fund-g-direct-plan\">Bandhan Corp Bond Fund Direct Growth Plan<\/a><\/td>\n<td>6.01%<\/td>\n<td>7.38%<\/td>\n<td>6.12%<\/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 better recent outcomes among the peer set, where several corporate bond funds are sitting in the mid-6% range. That means the fund has not matched the stronger short-term peer numbers.<\/p>\n<p>On the longer view, the 3-year return is still respectable, but it sits below the stronger peer figures available here. The 5-year number also looks moderate rather than leading, so the gap versus the peer group is not just a one-period issue.<\/p>\n<p>What matters most is that the short-term and long-term stories are different. The fund has shown some resilience against its benchmark, but peers with stronger credit-oriented exposure have delivered higher returns across the same windows.<\/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>Government of India (22\/04\/2064)<\/td>\n<td>Government Securities<\/td>\n<td>13.43%<\/td>\n<\/tr>\n<tr>\n<td>Government of India (18\/05\/2066)<\/td>\n<td>Government Securities<\/td>\n<td>5.42%<\/td>\n<\/tr>\n<tr>\n<td>7.17% Tata Capital Housing Finance Ltd. (21\/05\/2030) **<\/td>\n<td>Corporate Debt<\/td>\n<td>4.13%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (27\/03\/2033)<\/td>\n<td>Government Securities<\/td>\n<td>4.06%<\/td>\n<\/tr>\n<tr>\n<td>7.71% Tata Capital Housing Finance Ltd. (14\/01\/2028) **<\/td>\n<td>Corporate Debt<\/td>\n<td>2.82%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (04\/09\/2033)<\/td>\n<td>Government Securities<\/td>\n<td>2.81%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (13\/03\/2034)<\/td>\n<td>Government Securities<\/td>\n<td>2.81%<\/td>\n<\/tr>\n<tr>\n<td>7.27% National Bank for Agriculture and Rural Development (23\/02\/2029) **<\/td>\n<td>Corporate Debt<\/td>\n<td>2.8%<\/td>\n<\/tr>\n<tr>\n<td>State Government Securities (03\/12\/2033)<\/td>\n<td>Government Securities<\/td>\n<td>2.79%<\/td>\n<\/tr>\n<tr>\n<td>Government of India (19\/06\/2053)<\/td>\n<td>Government Securities<\/td>\n<td>2.74%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding, Government of India (22\/04\/2064), carries 13.43% weight, so it is likely to have greater influence on the portfolio than any other single position. After that, the weights step down fairly quickly into the 5% to 4% area, and then into a cluster of holdings around 3% and below.<\/p>\n<p>That shape suggests the portfolio is not dominated by one or two positions alone, but the top few names still matter more than the rest. The 10 displayed holdings account for approximately 43.81% of the portfolio, which points to meaningful concentration at the top even though the fund has 48 disclosed holdings in total.<\/p>\n<p>The holding mix also leans heavily toward government securities, with several state and central government papers among the largest positions. In our view, that may support steadier behaviour, while the corporate debt positions could contribute some yield enhancement without changing the overall conservative tone too sharply.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-medium-to-long-term-fund-g-direct-plan\">Aditya Birla SL Medium to Long Term Fund Direct Growth Plan<\/a> page<\/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 debt allocation and want a steadier profile than equity funds. Its one-year result has been better than the benchmark, while the three- and five-year numbers are closer to the index, so the longer holding period matters more than chasing a strong one-off run.<\/p>\n<p>We think the right horizon is at least several years, because the return pattern has not shown a persistent gap over time. Investors also need to accept that returns may stay moderate if the portfolio remains anchored by government securities and other high-quality fixed-income papers.<\/p>\n<p>The main trade-off is clear: the portfolio can help with stability, but that may come at the cost of stronger upside when compared with higher-return peer funds in the same broad debt space.<\/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>No exit load after holding period<\/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<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Aditya_Birla_SL_Medium_to_Long_Term_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Aditya Birla SL Medium to Long Term Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b9140.7633 as of 08 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year, 3-year and 5-year returns are 4.04%, 6.28% and 5.6%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_against_its_benchmark\"><\/span>How has the fund performed against its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has done better than the benchmark over 1 year, been almost in line over 3 years, and slightly lagged over 5 years. The benchmark itself has been weaker over 1 year but a little stronger over 5 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_funds_on_available_return_data\"><\/span>How does it compare with peer funds on available return data?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year, 3-year and 5-year returns are below the stronger peer figures shown here. Several peer corporate bond funds have delivered higher returns across all three windows.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_exit_load_and_tax_treatment\"><\/span>What is the exit load and tax treatment?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No exit load applies after the holding period, and the tax structure is 20% for units held less than 1 year and 12.5% for units held more than 1 year.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_risk_category\"><\/span>Who manages the fund and what is the risk category?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Bhupesh Bameta manages the fund. The risk category is Medium Risk, and the portfolio is led by government securities with some corporate debt exposure.<\/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 one-year performance is better than its benchmark, but the three- and five-year picture is much closer to the index and slightly softer at the longer end. Against peer corporate bond funds, the available return numbers look more modest. The portfolio\u2019s government-securities-heavy structure supports a steadier debt profile, while the top holdings still carry meaningful weight. In our view, it suits investors seeking a medium-risk fixed-income option with a relatively conservative mix and a willingness to accept moderate return potential.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 9 September 2026 at 4:02 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 Medium to Long Term Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-medium-to-long-term-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":140.7633,\"valueReference\":\"as of 08 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"1770 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.7\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":4.04},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":6.28},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":5.6},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Bhupesh Bameta\"}]}<\/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 Medium to Long Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b9140.7633 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 1-year, 3-year and 5-year returns are 4.04%, 6.28% and 5.6%.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the benchmark over 1 year, been almost in line over 3 years, and slightly lagged over 5 years. The benchmark itself has been weaker over 1 year but a little stronger over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year, 3-year and 5-year returns are below the stronger peer figures shown here. Several peer corporate bond funds have delivered higher returns across all three windows.\"}},{\"@type\":\"Question\",\"name\":\"What is the exit load and tax treatment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No exit load applies after the holding period, and the tax structure is 20% for units held less than 1 year and 12.5% for units held more than 1 year.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the risk category?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bhupesh Bameta manages the fund. The risk category is Medium Risk, and the portfolio is led by government securities with some corporate debt exposure.\"}}]}<\/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 Medium to Long Term Fund Direct Growth Plan has a NAV of \u20b9140.7633 as of 08 Sep 2026, an AUM of \u20b91,770 Cr, and 1Y\/3Y\/5Y returns of 4.04%\/6.28%\/5.6%.<\/p>\n","protected":false},"author":38,"featured_media":238733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["238733"],"rank_math_title":["Aditya Birla SL Fund Review | NAV &amp; Returns"],"rank_math_description":["Aditya Birla SL Medium to Long Term Fund Direct Growth Plan review: NAV \u20b9140.7633, 1Y return 4.04%, risk Medium Risk."],"rank_math_focus_keyword":["Aditya Birla SL Medium to Long Term 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_Medium_to_Long_Term_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral-1.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224768","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=224768"}],"version-history":[{"count":2,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224768\/revisions"}],"predecessor-version":[{"id":238737,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224768\/revisions\/238737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/238733"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}