{"id":224798,"date":"2026-08-31T16:54:23","date_gmt":"2026-08-31T11:24:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-nifty-50-equal-weight-index-fund-direct-growth-review-2026\/"},"modified":"2026-08-31T16:54:23","modified_gmt":"2026-08-31T11:24:23","slug":"aditya-birla-sl-nifty-50-equal-weight-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-nifty-50-equal-weight-index-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Nifty 50 Equal Weight Index 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-nifty-50-equal-weight-index-fund-g-direct-plan\">Aditya Birla SL Nifty 50 Equal Weight Index Fund Direct Growth Plan<\/a> has a NAV of \u20b919.2293 as of 28 August 2026, and its scheme AUM stands at \u20b9530 Cr. Its 1-year, 3-year and 5-year returns are 6.94%, 13.96% and 13.04%, and the fund is tagged as High Risk.<\/p>\n<p>Our view is that this is a straightforward index fund with a large-cap-heavy structure and equal-weight exposure within the Nifty 50 framework. The longer-term return profile is steadier than the benchmark, but the fund still carries equity-market volatility, so it fits investors who want diversified large-cap participation and can tolerate sharp swings.<\/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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Nifty_50_Equal_Weight_Index\" title=\"Should you BUY or HOLD Aditya Birla SL Nifty 50 Equal Weight Index?\">Should you BUY or HOLD Aditya Birla SL Nifty 50 Equal Weight Index?<\/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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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-nifty-50-equal-weight-index-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>\u20b919.2293<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9530 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.4%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>08 Jun 2021<\/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>Index Funds<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Mehul Dama; Priya Sridhar<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Mehul Dama and Priya Sridhar.<\/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>-0.79%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>3.48%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.94%<\/td>\n<td>-2.29%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>13.96%<\/td>\n<td>6.40%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>13.04%<\/td>\n<td>7.13%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund has held up better than the benchmark across every listed period, which matters because the comparison is to NIFTY 50 itself. The small one-month decline is close to the benchmark\u2019s move, so the near-term picture is more about normal equity fluctuation than a sharp divergence.<\/p>\n<p>At the three-month point, the fund is slightly ahead of the benchmark, and the one-year gap is more meaningful. That gap becomes even clearer over three and five years, where the fund\u2019s return profile is well above the benchmark\u2019s.<\/p>\n<p>The pattern suggests that the equal-weight structure has helped the fund stay more resilient across cycles than a plain benchmark-tracking outcome would imply. The trend is not smooth, though; the time pattern shows periods of drawdown and recovery, which is consistent with a High Risk equity scheme rather than a low-volatility income option.<\/p>\n<p>For investors, the main takeaway is that recent movement does not change the longer view. The fund has maintained its edge over the benchmark over both medium and longer horizons, but it still moves with equity-market conditions and can experience short-term weakness.<\/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_Nifty_50_Equal_Weight_Index\"><\/span>Should you BUY or HOLD Aditya Birla SL Nifty 50 Equal Weight Index?<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 Nifty 50 Equal Weight Index? 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-nifty-50-equal-weight-index-fund-g-direct-plan\">Aditya Birla SL Nifty 50 Equal Weight Index Fund Direct Growth Plan<\/a><\/td>\n<td>6.94%<\/td>\n<td>13.96%<\/td>\n<td>13.04%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nasdaq-100-index-fund-g-direct-plan\">ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>35.24%<\/td>\n<td>31.25%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.35%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-nifty-capital-markets-index-fund-g-direct-plan\">Tata Nifty Capital Markets Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.08%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-india-defence-index-fund-g-direct-plan\">Motilal Oswal Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.90%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-nifty-india-defence-index-fund-g-direct-plan\">Aditya Birla SL Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.89%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>Against the listed peer set, the fund\u2019s 1-year return is much lower than the faster-rising thematic and overseas index funds shown here. That is not unusual for a broad domestic large-cap strategy, but it does mean the recent return picture is relatively modest in this comparison set.<\/p>\n<p>The 3-year and 5-year numbers present a different picture. Where longer histories are available, the fund\u2019s 3-year and 5-year returns are stronger than the benchmark, while many peer entries do not provide those longer windows. The short-term comparison therefore looks weaker, but the longer-term view is more constructive.<\/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><strong>Market-cap distribution<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Market cap<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large Cap<\/td>\n<td>99.65%<\/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>0.35%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Top sectors and holdings<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<th>Top holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>BANK<\/td>\n<td>17.92%<\/td>\n<td>KOTAK MAHINDRA BANK LIMITED (10.67%), STATE BANK OF INDIA (1.83%)<\/td>\n<\/tr>\n<tr>\n<td>AUTOMOBILE &amp; ANCILLARIES<\/td>\n<td>8.74%<\/td>\n<td>BAJAJ AUTO LIMITED (1.65%), EICHER MOTORS LIMITED (1.57%)<\/td>\n<\/tr>\n<tr>\n<td>HEALTHCARE<\/td>\n<td>8.74%<\/td>\n<td>APOLLO HOSPITALS ENTERPRISE LIMITED (1.59%), SUN PHARMACEUTICAL INDUSTRIES LIMITED (1.59%)<\/td>\n<\/tr>\n<tr>\n<td>IT<\/td>\n<td>8.57%<\/td>\n<td>TECH MAHINDRA LIMITED (1.55%), WIPRO LIMITED (1.52%)<\/td>\n<\/tr>\n<tr>\n<td>FINANCE<\/td>\n<td>7.16%<\/td>\n<td>SHRIRAM FINANCE LTD (1.72%), BAJAJ FINANCE LIMITED (1.58%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The portfolio is overwhelmingly large-cap, with almost the entire allocation sitting there and no mid-cap or small-cap exposure to speak of. That makes the fund structurally simple and closely tied to the behaviour of large Indian equities.<\/p>\n<p>BANK is the largest sector at 17.92%, and it is meaningfully higher than the next group of sectors, each clustered around 7% to 9%. That gap means banking may have the greatest influence on portfolio behaviour even though the fund remains diversified across several large sectors.<\/p>\n<p>The top holding within BANK, Kotak Mahindra Bank, also has a visibly large individual weight. At the same time, the rest of the leading holdings are much smaller, which suggests sector breadth is present but leadership still sits with a few large names.<\/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 accept High Risk equity volatility and want broad large-cap exposure without taking sector- or small-cap-heavy bets. The 1-year return has been softer than some growth-oriented peers in the comparison set, but the 3-year and 5-year record is more stable relative to the benchmark.<\/p>\n<p>The better fit is a medium-to-long horizon, because the portfolio is almost entirely large-cap and can still move sharply with equity markets in the short run. The main trade-off is that the fund keeps things simple and diversified, but it may not match the upside seen in more aggressive thematic peers over shorter periods.<\/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><\/p>\n<p>No exit load.<\/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 Nifty 50 Equal Weight Index Fund Direct Growth Plan?<\/strong><br \/>Its NAV is \u20b919.2293 as of 28 August 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 6.94% over 1 year, 13.96% over 3 years and 13.04% over 5 years.<\/p>\n<p><strong>How does it compare with the benchmark?<\/strong><br \/>It has outperformed the NIFTY 50 across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially visible over the longer periods.<\/p>\n<p><strong>How does it compare with the peer funds shown here?<\/strong><br \/>Its 1-year return is lower than the faster-growing peer funds listed here, but its 3-year and 5-year numbers are stronger than the benchmark and give a steadier long-term picture.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9100.<\/p>\n<p><strong>What should investors know about risk, holdings and exit load?<\/strong><br \/>The fund is tagged High Risk, has 99.65% large-cap exposure and carries no exit load. It is managed by Mehul Dama and Priya Sridhar.<\/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>The fund\u2019s short-term return profile is less striking than some of the peer funds shown here, but the longer-term picture is more balanced and consistently ahead of the benchmark. Its High Risk tag matches the equity volatility that comes with the strategy, yet the portfolio stays unusually concentrated in large caps rather than smaller companies. That makes it a cleaner large-cap index option for investors who want broad market exposure with a simple, equity-led structure and are comfortable with market swings.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 4:51 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 Nifty 50 Equal Weight Index Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-nifty-50-equal-weight-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"08 Jun 2021\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":19.2293,\"valueReference\":\"as of 28 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"530 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.4\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.9394},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":13.9572},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":13.0427},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Mehul Dama, Priya Sridhar\"}]}<\/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 Nifty 50 Equal Weight Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its NAV is \u20b919.2293 as of 28 August 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 6.94% over 1 year, 13.96% over 3 years and 13.04% over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the NIFTY 50 across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially visible over the longer periods.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds shown here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is lower than the faster-growing peer funds listed here, but its 3-year and 5-year numbers are stronger than the benchmark and give a steadier long-term picture.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What should investors know about risk, holdings and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is tagged High Risk, has 99.65% large-cap exposure and carries no exit load. It is managed by Mehul Dama and Priya Sridhar.\"}}]}<\/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 Nifty 50 Equal Weight Index Fund Direct Growth Plan has a \u20b919.2293 NAV as of 28 August 2026, \u20b9530 Cr AUM, and 1Y\/3Y\/5Y returns of 6.94%, 13.96% and 13.04%.<\/p>\n","protected":false},"author":29,"featured_media":224796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["224796"],"rank_math_title":["Aditya Birla SL Nifty 50 Equal Weight Index Fund Review"],"rank_math_description":["Aditya Birla SL Nifty 50 Equal Weight Index Fund Direct Growth Plan review: NAV \u20b919.2293, 1Y return 6.94%, 3Y 13.96%, 5Y 13.04%."],"rank_math_focus_keyword":["Aditya Birla SL Nifty 50 Equal Weight Index 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\/08\/Aditya_Birla_SL_Nifty_50_Equal_Weight_Index_Fund_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\/224798","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=224798"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/224796"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}