{"id":224780,"date":"2026-08-31T16:41:42","date_gmt":"2026-08-31T11:11:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-money-market-fund-direct-growth-review-2026\/"},"modified":"2026-08-31T16:41:42","modified_gmt":"2026-08-31T11:11:42","slug":"aditya-birla-sl-money-market-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-money-market-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Money Market 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-money-market-fund-g-direct-plan\">Aditya Birla SL Money Market Fund Direct Growth Plan<\/a> closed at \u20b9404.2252 as of 28 Aug 2026, with scheme AUM of \u20b930,160 Cr. Its 1-year, 3-year and 5-year returns are 6.5059%, 7.427% and 6.7095%, and the fund is tagged as Medium Risk. Our view is that this is a steady debt fund with a fairly stable longer-term compounding pattern, but the recent return profile is not meaningfully ahead of the benchmark.<\/p>\n<p>It may suit conservative investors who want money-market style debt exposure and can accept modest return variation rather than sharp market-linked upside. The portfolio is concentrated in high-quality short-duration debt instruments such as certificates of deposit, commercial paper, government securities and treasury bills.<\/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-money-market-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-money-market-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-money-market-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Money_Market\" title=\"Should you BUY or HOLD Aditya Birla SL Money Market?\">Should you BUY or HOLD Aditya Birla SL Money Market?<\/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-money-market-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-money-market-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-money-market-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-money-market-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-money-market-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-money-market-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-money-market-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-money-market-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>Particulars<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b9404.2252<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b930,160 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.22%<\/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>Kaustubh Gupta, Mohit Sharma, Anuj Jain<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Kaustubh Gupta, Mohit Sharma and Anuj Jain.<\/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>0.57%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.17%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.51%<\/td>\n<td>-2.29%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.43%<\/td>\n<td>6.40%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.71%<\/td>\n<td>7.13%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent performance is mixed. Over 1 month, the fund held up better than the benchmark, while the 3-month figure lagged the benchmark by a noticeable margin. That tells us the fund can move differently from the index in short bursts, which is common for a debt strategy with a different maturity and credit mix from an equity-heavy benchmark.<\/p>\n<p>The longer view is more balanced. The 3-year return is above the benchmark, and the 5-year return is only slightly below it. In our view, that pattern suggests decent medium-term compounding without a dramatic departure from benchmark-like behaviour over a full cycle. The 1-year number is also clearly positive for the fund while the benchmark is negative, which shows the fund has been more resilient over the last year even though the very recent 3-month stretch was softer.<\/p>\n<p>We would not read the short-term gap and the 5-year gap in the same way. The 3-month weakness looks tactical, but the 3-year outcome is better than the benchmark and the 5-year comparison is close. For a conservative debt allocation, that mix is more useful than a single strong quarter. The main point is that the fund has delivered steady compounding, but not in a straight line.<\/p>\n<p>The daily path also looks relatively contained, which fits the scheme\u2019s money-market positioning. That lowers the chance of sharp swings, but it also means investors should expect measured rather than exciting return progression.<\/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_Money_Market\"><\/span>Should you BUY or HOLD Aditya Birla SL Money Market?<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 Money Market? 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-money-market-fund-g-direct-plan\">Aditya Birla SL Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.51%<\/td>\n<td>7.43%<\/td>\n<td>6.71%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/union-money-market-fund-g-direct-plan\">Union Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.7179%<\/td>\n<td>7.2214%<\/td>\n<td>6.4336%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-money-market-fund-g-direct-plan\">LIC MF Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.6008%<\/td>\n<td>6.7979%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-money-market-fund-g-direct-plan\">Bank of India Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.5933%<\/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-money-market-fund-g-direct-plan\">Tata Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.5916%<\/td>\n<td>7.5371%<\/td>\n<td>6.8043%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-money-market-fund-g-direct-plan\">Bandhan Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.5713%<\/td>\n<td>7.4162%<\/td>\n<td>6.6278%<\/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 sits broadly in line with the better peer readings, while its 3-year return is solid but not the highest in this group. On 5-year returns, it is ahead of most peers that have a valid figure available, which supports the view that its longer-run compounding is competitive even if the latest short-term phase is less striking. The short-term comparison is tighter than the multi-year one, so the fund\u2019s current edge is more visible over longer periods than over the most recent quarter.<\/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 entirely classified under other exposures at 100%, with large-cap, mid-cap and small-cap buckets at 0% each. That tells us this scheme should be read as a debt portfolio rather than an equity-style market-cap portfolio.<\/p>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Allocation<\/th>\n<th>Key holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>CERTIFICATE OF DEPOSIT<\/td>\n<td>60.97%<\/td>\n<td>INDUSIND BANK LIMITED (29\/01\/2027) ** # \u2014 2.41%; HDFC BANK LIMITED (12\/06\/2026) ** # \u2014 1.61%<\/td>\n<\/tr>\n<tr>\n<td>COMMERCIAL PAPER<\/td>\n<td>28.74%<\/td>\n<td>SUNDARAM FINANCE LIMITED (12\/03\/2027) ** \u2014 0.86%; SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (03\/06\/2026) ** \u2014 0.74%<\/td>\n<\/tr>\n<tr>\n<td>GOVERNMENT SECURITIES<\/td>\n<td>8.81%<\/td>\n<td>GOVERNMENT OF INDIA (12\/04\/2026) \u2014 1.36%; STATE GOVERNMENT SECURITIES (05\/02\/2027) \u2014 1.02%<\/td>\n<\/tr>\n<tr>\n<td>TREASURY BILLS<\/td>\n<td>4.47%<\/td>\n<td>364 DAYS T-BILL &#8211; 02OCT2026 \u2014 1.07%; 364 DAYS T-BILL &#8211; 10SEP2026 \u2014 0.67%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest allocation is certificates of deposit at 60.97%, and that is materially above commercial paper at 28.74%. In our view, that makes the fund\u2019s behaviour likely to be shaped most by short-term bank and corporate money-market instruments, with government securities and treasury bills acting as a smaller stabilising layer. The portfolio does not look broadly diversified across many sector themes, but that is normal for a debt scheme with this profile.<\/p>\n<p>The holding mix also shows relatively small individual positions inside each sector table, which suggests the sector allocation matters more than any single line item in day-to-day interpretation. Government securities at 8.81% and treasury bills at 4.47% give some sovereign support, while the heavier CD and commercial paper allocations point to a credit-driven money-market structure.<\/p>\n<p>For investors, the main takeaway is that the scheme appears to lean more on short-duration fixed-income paper than on duration risk. That may help explain the steadier return pattern over longer periods.<\/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 is more suitable for investors who are comfortable with debt-fund style movements and do not need equity-like upside. The Medium Risk tag and the 1-year, 3-year and 5-year return pattern suggest a fit for those who prefer steadier compounding over high volatility. A longer horizon can help smooth out the kind of short-term variation seen in the 3-month performance.<\/p>\n<p>The main trade-off is that the portfolio may offer stability and moderate income orientation, but not aggressive return acceleration. The benchmark comparison also shows that outcomes can move ahead of or behind the index in different periods, so patience matters. Investors looking for a conservative parking place for money may find the profile sensible, provided they accept that returns are likely to be measured rather than standout.<\/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 after holding period.<\/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<p><strong>What is the current NAV of Aditya Birla SL Money Market Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b9404.2252 as of 28 Aug 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year return is 6.5059%, the 3-year return is 7.427%, and the 5-year return is 6.7095%.<\/p>\n<p><strong>How does the fund compare with the benchmark?<\/strong><br \/>It has outpaced the benchmark over 1 year and 3 years, while the 5-year return is slightly below the benchmark. The short-term pattern is mixed, with the latest 3-month figure below the benchmark.<\/p>\n<p><strong>How does it compare with the peer funds listed here?<\/strong><br \/>Its 1-year return is broadly competitive, the 3-year figure is solid, and the 5-year return is ahead of most peers with available 5-year data. The comparison is stronger over longer periods than over the most recent quarter.<\/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 Kaustubh Gupta, Mohit Sharma and Anuj Jain. The exit load is nil after the holding period.<\/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 Money Market Fund Direct Growth Plan shows a steadier longer-term profile than its short-term stretch, with a 3-year return that sits ahead of the benchmark and a 5-year return that remains close to it. Against peers, the longer-run numbers look competitive, while the recent quarter is less impressive. The Medium Risk profile, combined with a portfolio led by certificates of deposit and commercial paper, points to a conservative debt allocation that may suit investors who value stability and measured compounding more than fast gains.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 4:39 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 Money Market Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-money-market-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":404.2252,\"valueReference\":\"as of 28 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"30160 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.22\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.5059},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.427},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.7095},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Kaustubh Gupta, Mohit Sharma, Anuj Jain\"}]}<\/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 Money Market Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b9404.2252 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 fund\u2019s 1-year return is 6.5059%, the 3-year return is 7.427%, and the 5-year return is 6.7095%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outpaced the benchmark over 1 year and 3 years, while the 5-year return is slightly below the benchmark. The short-term pattern is mixed, with the latest 3-month figure below the benchmark.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is broadly competitive, the 3-year figure is solid, and the 5-year return is ahead of most peers with available 5-year data. The comparison is stronger over longer periods than over the most recent quarter.\"}},{\"@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 Kaustubh Gupta, Mohit Sharma and Anuj Jain. The exit load is nil after the holding period.\"}}]}<\/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 Money Market Fund Direct Growth Plan has a NAV of \u20b9404.2252 as of 28 Aug 2026, AUM of \u20b930,160 Cr, and 1Y\/3Y\/5Y returns of 6.51%\/7.43%\/6.71%.<\/p>\n","protected":false},"author":29,"featured_media":224778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["224778"],"rank_math_title":["Aditya Birla SL Money Market Fund Review"],"rank_math_description":["Aditya Birla SL Money Market Fund NAV \u20b9404.2252; 1Y return 6.51%, 3Y 7.43%, 5Y 6.71%. 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