
Aditya Birla SL Global Excellence Equity FoF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
Updated: 3 Sept 2026 • 6:20 pm
Posted by:

Aditya Birla SL Global Excellence Equity FoF Direct Growth Plan has a NAV of ₹46.3748 as of 01 Sep 2026 and an AUM of ₹226 Cr. Its 1-year, 3-year and 5-year returns are 22.56%, 20.66% and 13.1% respectively, and the scheme is tagged as High Risk. Our view is that the fund has delivered strong multi-year compounding, but the overseas fund-of-funds structure makes the ride less steady than a plain domestic equity strategy.
That return pattern, together with the portfolio being almost fully tied to one overseas fund holding, points to a fund that can suit investors who accept sharp swings in exchange for long-term participation in global equity themes. It looks more appropriate for a patient horizon than for short holding periods.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹46.3748 as of 01 Sep 2026 |
| AUM | ₹226 Cr |
| Expense Ratio | 0.68% |
| Launch Date | 02 Jan 2013 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Fund of Fund |
| Exit Load | 0.25% on or before 28D, Nil after 28D |
| Fund Managers | Dhaval Joshi |
The fund is managed by Dhaval Joshi.
Source data date: as of 01 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -2.64% | -3.47% |
| 3M | -1.21% | 2.17% |
| 1Y | 22.56% | -3.84% |
| 3Y | 20.66% | 5.8% |
| 5Y | 13.1% | 6.3% |
The recent pattern is mixed. Over the last month and three months, the fund stayed volatile and did not move in a straight line, which is common for a global equity-linked strategy. Even so, the one-month decline was smaller than the benchmark’s decline, while the three-month figure was weaker than the benchmark because the benchmark stayed positive over that window.
The bigger picture is more encouraging. The fund’s 1-year return stands well ahead of the benchmark, and the same is true over 3 years and 5 years. That tells us the strategy has been able to compound better than the benchmark across medium and long horizons, even though the short-term path has remained uneven.
What stands out is the gap between short-term softness and long-term strength. The 5-year pattern suggests a choppy but upward compounding trend rather than a smooth climb, so investors should expect periods where returns lag even when the longer arc remains constructive. For an overseas fund of funds, that is an important feature rather than a surprise.
The benchmark comparison also matters for interpretation. The fund has outpaced Nifty 50 over 1 year, 3 years and 5 years, but the benchmark has occasionally been steadier over shorter windows. Our view is that this fund is best read as a return-seeking global allocation, not as a stability anchor inside an equity portfolio.
Source data date: as of 01 Sep 2026
Should you BUY or HOLD Aditya Birla SL Global Excellence Equity FoF?
A fund's past returns alone don't tell you whether you should buy it today or continue holding it.
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.
Already holding Aditya Birla SL Global Excellence Equity FoF? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Aditya Birla SL Global Excellence Equity FoF Direct Growth Plan | 22.56% | 20.66% | 13.1% |
| Edelweiss Emerging Markets Opp Eq. Offshore Fund Direct Growth Plan | 56.05% | 28.06% | 11.38% |
| HSBC Global Emerging Markets Fund Direct Growth Plan | 52.8% | 28.05% | 11.98% |
| Kotak Global Emerging Market Overseas Equity Active FOF Direct Growth Plan | 45.03% | 25.39% | 11.96% |
| HSBC Asia Pacific (Ex Japan) DYF Direct Growth Plan | 38.14% | 26.79% | 14.9% |
| DSP US Specific Equity Omni FoF Direct Growth Plan | 38.13% | 26.75% | 18.84% |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
On the latest 1-year figure, the fund trails the strongest peer numbers in this set, but it still beats a few of the other overseas options on the same horizon. The more important takeaway is that its 3-year return is below the peer figures shown here, while its 5-year return is closer to the middle of this group and remains ahead of some peers. That split suggests the fund has not kept pace with the quickest recent movers, even though its longer horizon remains respectable.
So the peer picture is not uniform. The short-term comparison looks less favourable, while the 5-year comparison is more balanced. For investors, that means the fund’s case rests more on its own long-term compounding and portfolio profile than on near-term momentum versus the named overseas alternatives.
Source data date: as of 01 Sep 2026
Want to know more? Log in to Univest for more mutual fund insights.
Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Julius Baer Strategy Fund Fcp-Luxembourg | Overseas Mutual Fund Units | 98.8% |
| TREPS | Cash & Cash Equivalents and Net Assets | 1.27% |
The largest holding is extremely dominant at 98.8%, so the fund’s outcome is likely to be driven primarily by that single overseas mutual fund exposure. The cash and cash equivalents line is small, which leaves very little room for diversification within the disclosed portfolio.
Because only two holdings are disclosed, the weight drops sharply from the first position to the second. That kind of structure may create a cleaner link to the underlying overseas strategy, but it also means changes in that underlying position could have a greater influence on the fund than in a more spread-out portfolio.
With the disclosed holdings already accounting for 100% of the portfolio, the structure appears highly concentrated rather than spread across a long tail of positions. In our view, that concentration is central to how the fund should be understood: it behaves more like a focused wrapper around one core exposure than a broadly diversified basket.
Source data date: as of 01 Sep 2026
Who should invest
This fund is suited to investors who can tolerate High Risk and accept that short-term moves may be uneven. The 1-year, 3-year and 5-year returns show a strong longer-term track record, but the recent 1-month and 3-month figures also remind us that the path is not smooth.
It fits a longer investment horizon because the strategy needs time for the global equity exposure to play out. Investors comparing it with Nifty 50 should be comfortable with the fact that the fund has moved well ahead over 1, 3 and 5 years, but can still experience abrupt shorter-term swings.
The main trade-off is concentration. The portfolio is almost entirely tied to one overseas mutual fund holding, so investors may get focused global exposure, but they also need to accept less diversification at the disclosed holding level.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load
Exit load is 0.25% on or before 28 days. There is no exit load after 28 days.
Source data date: as of 01 Sep 2026
Frequently asked questions
What is the current NAV of Aditya Birla SL Global Excellence Equity FoF Direct Growth Plan?
The current NAV is ₹46.3748 as of 01 Sep 2026.
How has the fund performed over 1 year, 3 years and 5 years?
Its returns are 22.56% over 1 year, 20.66% over 3 years and 13.1% over 5 years.
How does the fund compare with Nifty 50?
It has outperformed Nifty 50 over 1 year, 3 years and 5 years. Over the latest month, it fell less than the benchmark, while over 3 months the benchmark did better.
How does it compare with the peer funds listed here?
Its 1-year return trails the strongest peer figures shown here, while its 5-year return is closer to the middle of the group and ahead of some peers. The peer picture is mixed rather than uniform.
What is the minimum SIP amount?
This plan does not allow SIP investing, so a minimum SIP amount is not applicable.
Who manages the fund and what is the exit load?
Dhaval Joshi manages the fund. The exit load is 0.25% on or before 28 days and nil after 28 days.
Bottom line
Aditya Birla SL Global Excellence Equity FoF Direct Growth Plan has a stronger long-term record than its recent short-term patch, and it has stayed ahead of Nifty 50 across 1-year, 3-year and 5-year horizons. Against the named overseas peers, its recent performance looks less forceful, but its longer-term return remains usable. The key portfolio feature is concentration: almost the entire disclosed exposure sits in one overseas fund, so investors are buying a focused global allocation with High Risk characteristics rather than a broadly spread portfolio.
Published on 3 September 2026 at 6:19 PM IST
Explore mutual funds with Univest
Review mutual fund data, compare performance and explore fund insights on Univest.
RIA disclosure
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.
Recent Articles

Bandhan Aggressive Hybrid Passive FOF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
5 September 2026

LIC MF Nifty Next 50 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
5 September 2026

LIC MF Equity Savings Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
5 September 2026

LIC MF Gold ETF FoF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
5 September 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
Bandhan Aggressive Hybrid Passive FOF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
LIC MF Nifty Next 50 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
LIC MF Equity Savings Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
LIC MF Gold ETF FoF Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
ICICI Pru Large & Mid Cap Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
Popular this week
ICICI Pru ELSS-Tax Saver Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





