{"id":230099,"date":"2026-09-03T19:16:21","date_gmt":"2026-09-03T13:46:21","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=230099"},"modified":"2026-09-03T19:16:23","modified_gmt":"2026-09-03T13:46:23","slug":"aditya-birla-sl-ultra-short-to-short-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aditya-birla-sl-ultra-short-to-short-term-fund-direct-growth-review-2026\/","title":{"rendered":"Aditya Birla SL Ultra Short to Short 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-ultra-short-to-short-term-fund-g-direct-plan\">Aditya Birla SL Ultra Short to Short Term Fund Direct Growth Plan<\/a> currently has a NAV of \u20b9782.858 as of 02 Sep 2026 and scheme AUM of \u20b99,913 Cr. Its 1-year, 3-year and 5-year returns are 6.34%, 7.4% and 6.74%, and the fund sits in the Medium Risk category.<\/p>\n<p>Our view is that this is best read as a steady income-oriented fund rather than a high-octane return grab. The return pattern is moderate, the benchmark behaviour has been softer over longer horizons, and the portfolio is built around debt and treasury exposures that may suit conservative investors who value stability more than sharp upside.<\/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-ultra-short-to-short-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-ultra-short-to-short-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-ultra-short-to-short-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Aditya_Birla_SL_Ultra_Short_to_Short_Term\" title=\"Should you BUY or HOLD Aditya Birla SL Ultra Short to Short Term?\">Should you BUY or HOLD Aditya Birla SL Ultra Short to Short 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-ultra-short-to-short-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-ultra-short-to-short-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-ultra-short-to-short-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-ultra-short-to-short-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-ultra-short-to-short-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-ultra-short-to-short-term-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Aditya_Birla_SL_Ultra_Short_to_Short_Term_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Aditya Birla SL Ultra Short to Short Term Fund Direct Growth Plan?\">What is the current NAV of Aditya Birla SL Ultra Short to Short 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-ultra-short-to-short-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-ultra-short-to-short-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-ultra-short-to-short-term-fund-direct-growth-review-2026\/#How_does_it_compare_with_the_listed_peer_funds\" title=\"How does it compare with the listed peer funds?\">How does it compare with the listed peer funds?<\/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-ultra-short-to-short-term-fund-direct-growth-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/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-ultra-short-to-short-term-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund and what is the exit load?\">Who manages the fund and what is the exit load?<\/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-ultra-short-to-short-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-ultra-short-to-short-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-ultra-short-to-short-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>\u20b9782.858 as of 02 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b99,913 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.43%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/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>Equity<\/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<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Kaustubh Gupta and Mohit Sharma.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 02 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>0.43%<\/td>\n<td>-3.47%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.1%<\/td>\n<td>2.17%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.34%<\/td>\n<td>-3.84%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.4%<\/td>\n<td>5.8%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.74%<\/td>\n<td>6.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund has held up better than the benchmark over the 1-year period, while the benchmark itself has been negative. That makes the recent picture look more resilient than the index, even though the 3-month return is only slightly below the benchmark and does not point to a strong short-term breakout.<\/p>\n<p>Over 3 years and 5 years, the fund remains ahead of the benchmark, but the margin is not wide. That suggests the strategy has added value, yet not in a way that meaningfully changes the return profile from a cautious income fund. The 5-year figure, in particular, shows a stable compounding trend rather than a fast growth pattern.<\/p>\n<p>The monthly and quarterly path also appears fairly uneven, with small phases of drawdown and recovery rather than a smooth climb. For investors, that matters because the fund\u2019s attraction is less about momentum and more about the consistency of the underlying credit-and-treasury mix. Our view is that the recent numbers and the longer history tell a similar story: moderate gains with limited drama.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 02 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_Ultra_Short_to_Short_Term\"><\/span>Should you BUY or HOLD Aditya Birla SL Ultra Short to Short 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 Ultra Short to Short 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-ultra-short-to-short-term-fund-g-direct-plan\">Aditya Birla SL Ultra Short to Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.34%<\/td>\n<td>7.4%<\/td>\n<td>6.74%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-strategic-metal-and-energy-equity-fof-g-direct-plan\">ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan<\/a><\/td>\n<td>69.39%<\/td>\n<td>36.34%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-automotive-opportunities-fund-g-direct-plan\">SBI Automotive Opportunities Fund Direct Growth Plan<\/a><\/td>\n<td>31.67%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-healthcare-fund-g-direct-plan\">Kotak Healthcare Fund Direct Growth Plan<\/a><\/td>\n<td>29.04%<\/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\/hdfc-pharma-and-healthcare-fund-g-direct-plan\">HDFC Pharma and Healthcare Fund Direct Growth Plan<\/a><\/td>\n<td>28.92%<\/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\/aditya-birla-sl-mfg-equity-fund-g-direct-plan\">Aditya Birla SL Mfg. Equity Fund Direct Growth Plan<\/a><\/td>\n<td>27.78%<\/td>\n<td>22.28%<\/td>\n<td>16.03%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund\u2019s 1-year return is far below the strongest peer numbers listed here, which is unsurprising because the peer set contains aggressive equity strategies with much higher recent upside. On the longer side, the fund is more modest: its 3-year and 5-year returns are ahead of some peer figures where available, but the comparison is not directly similar because the peer mix includes categories with very different risk and return behaviour.<\/p>\n<p>The useful takeaway is that the fund does not try to match the sharp short-term gains shown by some peers. Instead, it offers a much calmer profile, and its longer-history returns are consistent with that approach. So the peer comparison reinforces the same message as the benchmark comparison: this is a conservative, lower-volatility proposition rather than a fund that chases standout upside.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 02 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>7.30% Bharti Telecom Ltd. (01\/12\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>7.89%<\/td>\n<\/tr>\n<tr>\n<td>182 Day T-Bill 21.08.26<\/td>\n<td>Treasury Bills<\/td>\n<td>5.03%<\/td>\n<\/tr>\n<tr>\n<td>Jubilant Bevco Ltd. (31\/05\/2028) (ZCB) **<\/td>\n<td>Corporate Debt<\/td>\n<td>3.93%<\/td>\n<\/tr>\n<tr>\n<td>JTPM Metal Traders Ltd. (29\/09\/2028) (ZCB) **<\/td>\n<td>Corporate Debt<\/td>\n<td>3.65%<\/td>\n<\/tr>\n<tr>\n<td>7.55% REC Ltd. (31\/10\/2026) **<\/td>\n<td>Corporate Debt<\/td>\n<td>3.52%<\/td>\n<\/tr>\n<tr>\n<td>182 Day T-Bill 18.09.26<\/td>\n<td>Treasury Bills<\/td>\n<td>3.26%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture and Rural Development (03\/02\/2027) **#<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.92%<\/td>\n<\/tr>\n<tr>\n<td>7.68% Small Industries Development Bank of India (10\/08\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>2.73%<\/td>\n<\/tr>\n<tr>\n<td>6.47% Indian Railway Finance Corporation Ltd. (30\/05\/2028) **<\/td>\n<td>Corporate Debt<\/td>\n<td>2.69%<\/td>\n<\/tr>\n<tr>\n<td>364 Day T-Bill 24.09.26<\/td>\n<td>Treasury Bills<\/td>\n<td>2.65%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 38.27% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-ultra-short-to-short-term-fund-g-direct-plan\">Aditya Birla SL Ultra Short to Short Term Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding at 7.89% is meaningful but not dominant, so it is likely to have influence without overpowering the rest of the portfolio. The next few positions step down fairly quickly into the 5% to 3% range, which suggests the fund spreads exposure across several debt instruments rather than relying on a single anchor.<\/p>\n<p>By the tenth holding, the weight has eased to 2.65%, so there is a visible taper from the top position to the outer edge of the disclosed list. At the same time, the top 10 account for 38.27% while 57 holdings are disclosed overall, which points to a broad tail outside the largest positions. Our view is that this combination can help reduce single-security dependence, even though the portfolio still gives the biggest holdings enough weight to matter.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 02 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 may suit investors who are comfortable with Medium Risk and want a steadier path than a pure growth or thematic fund. The 1-year, 3-year and 5-year returns show moderate compounding rather than explosive upside, and the benchmark comparison suggests the strategy has been more resilient than the index over recent periods.<\/p>\n<p>It is better viewed as a medium-horizon allocation for investors who can accept that returns may be modest in exchange for a portfolio built around debt, treasury bills and other income-oriented instruments. The main trade-off is simple: lower volatility and a calmer return pattern, but without the kind of headline gains that equity-style peer funds can sometimes post.<\/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 02 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_Ultra_Short_to_Short_Term_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Aditya Birla SL Ultra Short to Short Term Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b9782.858 as of 02 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 return is 6.34%, the 3-year return is 7.4% and the 5-year return is 6.74%.<\/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 been ahead of the benchmark over 1 year, 3 years and 5 years. The benchmark return is -3.84% over 1 year, 5.8% over 3 years and 6.3% over 5 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_listed_peer_funds\"><\/span>How does it compare with the listed peer funds?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its return profile is much more subdued than the higher-growth peer funds shown here on a 1-year basis, but its longer-horizon returns are more consistent with a conservative income fund. That makes the comparison more about risk style than about chasing the highest short-term number.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There is no minimum SIP amount stated here, so we do not present one.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Kaustubh Gupta and Mohit Sharma. 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>The fund\u2019s recent performance is steady rather than eye-catching, and that is consistent with its longer-term return pattern. It compares well with the benchmark on the available periods, while the peer set shows how much more muted its return profile is next to equity-oriented strategies. The Medium Risk label, the debt-heavy portfolio and the broad spread across 57 holdings all point to a conservative income-style fund that may appeal to investors seeking balance more than excitement.<\/p>\n<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 3 September 2026 at 6:49 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 Ultra Short to Short Term Fund Direct Growth Plan\",\"identifier\":\"aditya-birla-sl-ultra-short-to-short-term-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":782.858,\"valueReference\":\"as of 02 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"9913 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.43\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.34},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.4},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.74},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Kaustubh Gupta, Mohit Sharma\"}]}<\/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 Ultra Short to Short Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b9782.858 as of 02 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 return is 6.34%, the 3-year return is 7.4% and the 5-year return is 6.74%.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has been ahead of the benchmark over 1 year, 3 years and 5 years. The benchmark return is -3.84% over 1 year, 5.8% over 3 years and 6.3% over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the listed peer funds?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its return profile is much more subdued than the higher-growth peer funds shown here on a 1-year basis, but its longer-horizon returns are more consistent with a conservative income fund. That makes the comparison more about risk style than about chasing the highest short-term number.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no minimum SIP amount stated here, so we do not present one.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Kaustubh Gupta and Mohit Sharma. 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 Ultra Short to Short Term Fund Direct Growth Plan has a NAV of \u20b9782.858 and 1Y\/3Y\/5Y returns of 6.34%, 7.4% and 6.74% as of 02 Sep 2026.<\/p>\n","protected":false},"author":29,"featured_media":230098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-230099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["230098"],"rank_math_title":["Aditya Birla SL Ultra Short Fund Review 2026 | NAV"],"rank_math_description":["Aditya Birla SL Ultra Short to Short Term Fund Direct Growth Plan review 2026: NAV \u20b9782.858, 1Y return 6.34%, 3Y 7.4%."],"rank_math_focus_keyword":["Aditya Birla SL Ultra Short to 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