{"id":224786,"date":"2026-08-31T16:45:21","date_gmt":"2026-08-31T11:15:21","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-multi-asset-passive-fof-direct-growth-review-2026\/"},"modified":"2026-08-31T16:45:21","modified_gmt":"2026-08-31T11:15:21","slug":"aditya-birla-sl-multi-asset-passive-fof-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-multi-asset-passive-fof-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Multi-Asset Passive FoF Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p>The <a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-multi-asset-passive-fof-g-direct-plan\">Aditya Birla SL Multi-Asset Passive FoF Direct Growth Plan<\/a> has a NAV of \u20b918.096 as of 28 Aug 2026 and a scheme AUM of \u20b934 Cr. Its 1-year, 3-year and 5-year returns are 16.5386%, 17.5388% and 0%, and the scheme sits in the High Risk category.<\/p>\n<p>Our view is that this is a multi-asset allocation fund with a pronounced passive structure, so the key question is not just return level but how steadily it has built those returns. The recent track record is positive against a weak benchmark backdrop, but the portfolio mix means the fund\u2019s behaviour can differ meaningfully from a simple equity index.<\/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-multi-asset-passive-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-multi-asset-passive-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-multi-asset-passive-fof-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Multi-Asset_Passive_FoF\" title=\"Should you BUY or HOLD Aditya Birla SL Multi-Asset Passive FoF?\">Should you BUY or HOLD Aditya Birla SL Multi-Asset Passive 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-multi-asset-passive-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-multi-asset-passive-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-multi-asset-passive-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-multi-asset-passive-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-multi-asset-passive-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-multi-asset-passive-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-multi-asset-passive-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-multi-asset-passive-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>\u20b918.096 (as of 28 Aug 2026)<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b934 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.28%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>17 October 2022<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High 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>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>0.50% if units are sold on or before 15 days; nil after 15 days<\/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 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>2.15%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>6.29%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>16.54%<\/td>\n<td>-2.29%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>17.54%<\/td>\n<td>6.4%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short-term pattern is constructive. Over 1 month and 3 months, the fund has stayed positive, and the 1-year figure shows that the recent recovery has been stronger than the benchmark\u2019s behaviour over the same period.<\/p>\n<p>The benchmark comparison matters here because the NIFTY 50 has been negative over 1 year, while the fund has remained comfortably positive. That tells us the scheme has not been simply tracking the index; it has added a different return pattern, which fits a multi-asset approach.<\/p>\n<p>At the 3-year mark, the fund\u2019s return remains ahead of the benchmark and shows a steadier compounding trend than the index. The path has not been linear, but the longer stretch suggests the scheme has been able to turn its asset mix into better medium-term outcomes than a plain equity benchmark.<\/p>\n<p>The 5-year figure is not available because the scheme launched in October 2022, so the most useful lens here is the 1-year to 3-year pattern. On that basis, recent behaviour has been better than the benchmark, and the medium-term trend has remained supportive rather than erratic.<\/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_Multi-Asset_Passive_FoF\"><\/span>Should you BUY or HOLD Aditya Birla SL Multi-Asset Passive 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 Multi-Asset Passive 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-multi-asset-passive-fof-g-direct-plan\">Aditya Birla SL Multi-Asset Passive FoF Direct Growth Plan<\/a><\/td>\n<td>16.54%<\/td>\n<td>17.54%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/groww-multicap-fund-g-direct-plan\">Groww Multicap Fund Direct Growth Plan<\/a><\/td>\n<td>23.92%<\/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\/trustmf-multi-cap-fund-g-direct-plan\">TRUSTMF Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>23.29%<\/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\/mahindra-manulife-multi-cap-fund-g-direct-plan\">Mahindra Manulife Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>19.69%<\/td>\n<td>19.47%<\/td>\n<td>18.17%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-multi-cap-fund-g-direct-plan\">Bank of India Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>17.40%<\/td>\n<td>19.95%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/iti-multi-cap-fund-g-direct-plan\">ITI Multi Cap Fund Direct Growth Plan<\/a><\/td>\n<td>17.26%<\/td>\n<td>19.10%<\/td>\n<td>16.16%<\/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>In the near term, the fund\u2019s 1-year return is below the stronger peer figures shown here, especially the names with returns above 23%. That said, it is still ahead of the two peers that are only modestly above 17%, so the picture is mixed rather than one-sided.<\/p>\n<p>The longer-term comparison is more balanced. Where 3-year data is available, the fund trails the better-performing peers, but it also holds up reasonably well against the benchmark and stays close to the middle of the available peer set. The 5-year comparison is limited by the fund\u2019s own vintage, so the more useful signal is that the scheme has been consistent enough over its available history without matching the strongest multi-cap numbers.<\/p>\n<p>Overall, the short-term peer gap is wider than the longer-term one. That means the recent return snapshot looks softer than the better peer outcomes, while the medium-term record remains serviceable and not out of line with the broader set of available comparable returns.<\/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 portfolio is entirely in the \u201cother\u201d bucket on the market-cap split, which fits a fund that uses fund-of-funds exposure rather than direct listed equity holdings. That makes the underlying allocation more important than a standard large-cap, mid-cap or small-cap label.<\/p>\n<table>\n<thead>\n<tr>\n<th>Market-cap bucket<\/th>\n<th>Share<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large-cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Mid-cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Small-cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Other<\/td>\n<td>100%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Sector weight<\/th>\n<th>Holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>DOMESTIC MUTUAL FUNDS UNITS<\/td>\n<td>86.46%<\/td>\n<td>KOTAK NIFTY 50 ETF (11.35%), ABSL NIFTY NEXT 50 INDEX-DG (10.58%)<\/td>\n<\/tr>\n<tr>\n<td>DOMESTIC MUTUAL FUNDS UNITS &#8211; GOLD<\/td>\n<td>9.85%<\/td>\n<td>NIPPON INDIA ETF GOLD BEES (9.85%)<\/td>\n<\/tr>\n<tr>\n<td>DOMESTIC MUTUAL FUNDS UNITS &#8211; SILVER<\/td>\n<td>2.3%<\/td>\n<td>NIPPON INDIA MF NIPPON INDIA SILVER ETF (2.3%)<\/td>\n<\/tr>\n<tr>\n<td>CASH &amp; CASH EQUIVALENTS AND NET ASSETS<\/td>\n<td>1.39%<\/td>\n<td>CLEARING CORPORATION OF INDIA LIMITED (1.97%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The sector mix is heavily tilted toward domestic mutual fund units, and that 86.46% allocation is materially larger than the next three buckets combined. In practical terms, the fund\u2019s behaviour is likely to be driven first by the equity and index-fund exposures inside that bucket, with gold and silver acting as smaller diversifiers.<\/p>\n<p>The two largest holdings inside the main bucket are both meaningful, but neither is so dominant that one security alone explains the portfolio. Instead, the overall pattern suggests layered exposure: broad equity via the ETF and next-50 index component, then a smaller allocation to precious metals for balance.<\/p>\n<p>Because there is no direct large-cap, mid-cap or small-cap split and everything sits under \u201cother,\u201d the portfolio\u2019s influence may come more from asset allocation choices than from style-box positioning. The domestic mutual fund units sleeve is likely to have the greatest influence on portfolio behaviour, while the gold and silver sleeves could soften or change the return path in periods when equity markets are uneven.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who can tolerate High Risk and want a portfolio that may behave differently from a pure equity benchmark. The return pattern is positive over 1 year and 3 years, but it is not the kind of steady, low-volatility profile that would fit conservative investors.<\/p>\n<p>A medium- to long-term horizon is more appropriate because the portfolio relies on multi-asset exposure rather than a single market segment. The main trade-off is that the fund may provide diversification benefits and a different return pattern, but it can also lag stronger peer numbers in shorter comparison windows.<\/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> 0.50% if units are sold on or before 15 days; nil after 15 days.<\/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 Multi-Asset Passive FoF Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b918.096 as of 28 Aug 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year and 3-year returns?<\/strong><br \/>The 1-year return is 16.54% and the 3-year return is 17.54%.<\/p>\n<p><strong>Is there a 5-year return figure for this fund?<\/strong><br \/>No. The fund launched on 17 October 2022, so a 5-year return is not available.<\/p>\n<p><strong>How does it compare with the benchmark?<\/strong><br \/>It has outpaced the NIFTY 50 over 1 year and 3 years, while the benchmark has been negative over 1 year and lower over 3 years.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9100.<\/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 0.50% if units are sold on or before 15 days, and nil after 15 days.<\/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 profile is stronger than the benchmark\u2019s, and its 3-year record supports that better-than-index pattern. It does not match the strongest available peer figures in the shorter window, but the medium-term outcome remains serviceable. The portfolio is also distinctive because it sits entirely in the \u201cother\u201d bucket and leans heavily on domestic mutual fund units, with gold and silver adding smaller diversifying layers. That combination makes it more suitable for investors who want a higher-risk, multi-asset approach with a medium- to long-term horizon.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 4:42 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 Multi-Asset Passive FoF Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-multi-asset-passive-fof-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"17 Oct 2022\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":18.096,\"valueReference\":\"as of 28 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"34 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.28\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":16.5386},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":17.5388},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@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 Multi-Asset Passive FoF Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b918.096 as of 28 Aug 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year and 3-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 16.54% and the 3-year return is 17.54%.\"}},{\"@type\":\"Question\",\"name\":\"Is there a 5-year return figure for this fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. The fund launched on 17 October 2022, so a 5-year return is not available.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outpaced the NIFTY 50 over 1 year and 3 years, while the benchmark has been negative over 1 year and lower over 3 years.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@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 0.50% if units are sold on or before 15 days, and nil after 15 days.\"}}]}<\/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 Multi-Asset Passive FoF Direct Growth Plan has a NAV of \u20b918.096 as of 28 Aug 2026, a 1Y return of 16.54% and a High Risk profile.<\/p>\n","protected":false},"author":29,"featured_media":224785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["224785"],"rank_math_title":["Aditya Birla SL FoF Direct Growth | NAV, Returns"],"rank_math_description":["Aditya Birla SL Multi-Asset Passive FoF Direct Growth Plan has a NAV of \u20b918.096 and 1Y return of 16.54% as of 28 Aug 2026."],"rank_math_focus_keyword":["Aditya Birla SL Multi-Asset Passive 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\/08\/Aditya_Birla_SL_Multi_Asset_Passive_FoF_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_bullish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224786"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/224785"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}