Aditya Birla SL Intl. Equity Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Aditya Birla SL Intl. Equity Fund Direct Growth Plan has a NAV of ₹56.5068 as of 02 Sep 2026 and an AUM of ₹326 Cr. Its 1-year, 3-year and 5-year returns are 20.42%, 19.77% and 11.81%, respectively, and the fund sits in the High Risk category.

Our view is that this is a concentrated overseas equity strategy with a meaningful growth profile, but recent behaviour has been uneven versus its longer run. The return pattern is more suitable for investors who can accept higher swings and are comfortable with a long holding period rather than a short tactical allocation.

Quick facts

Particular	Details
NAV	₹56.5068 as of 02 Sep 2026
AUM	₹326 Cr
Expense Ratio	2.08%
Launch Date	01 Jan 2013
Min SIP	₹1,000
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 30D, Nil after 30D
Fund Managers	Dhaval Joshi

The fund is managed by Dhaval Joshi.

Source data date: as of 02 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-2.24%	-3.01%
3M	-1.91%	1.95%
1Y	20.42%	-4.4%
3Y	19.77%	5.74%
5Y	11.81%	6.27%

The recent numbers show that the fund has stayed under pressure over the last few months, with both the 1-month and 3-month returns still negative. Even so, the 1-month figure is better than the benchmark, while the 3-month figure trails a benchmark that has held up slightly better in the short run.

The picture improves sharply over 1 year. The fund’s 20.42% return is far ahead of the benchmark’s -4.4%, which points to a strong recovery phase after a weaker stretch. That is useful for investors to note, because the fund has not moved in a straight line; it has shown a clear cycle of drawdown and rebound.

Over 3 years and 5 years, the fund remains ahead of the benchmark at 19.77% versus 5.74% and 11.81% versus 6.27%. The longer-term record therefore supports the view that the strategy has compounded better than the benchmark, even though the most recent window has been choppier.

For us, the main takeaway is that the fund has a stronger medium- and long-term pattern than its benchmark, but the short-term path has been volatile. That combination suits investors who can tolerate interim weakness in exchange for a higher-growth overseas equity tilt.

Source data date: as of 02 Sep 2026

Should you BUY or HOLD Aditya Birla SL Intl. Equity?

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Aditya Birla SL Intl. Equity Fund Direct Growth Plan	20.42%	19.77%	11.81%
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan	69.39%	36.34%	Data not available
SBI Automotive Opportunities Fund Direct Growth Plan	31.34%	Data not available	Data not available
Kotak Healthcare Fund Direct Growth Plan	28.01%	Data not available	Data not available
HDFC Pharma and Healthcare Fund Direct Growth Plan	27.49%	Data not available	Data not available
Aditya Birla SL Mfg. Equity Fund Direct Growth Plan	26.54%	22.36%	15.89%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The current fund’s 1-year return is well below the fastest peer numbers in this set, even though it still remains positive. On the medium horizon, its 3-year return is also lower than the Aditya Birla manufacturing peer and the only other peer here with a 3-year figure, which suggests a steadier but not the strongest peer comparison on that window.

On 5-year data, the fund trails the Aditya Birla manufacturing peer where a figure is available, but it still shows a meaningful positive long-term result. The short-term peer picture and the longer-term peer picture therefore point in the same direction: this fund has been constructive, but not the most forceful performer within the available set.

Source data date: as of 02 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Nvidia Corporation	Overseas Equities	4.98%
Alphabet Inc.	Overseas Equities	4.78%
Apple Inc.	Overseas Equities	2.89%
Amazon.Com Inc	Overseas Equities	2.7%
Western Digital Corp	Overseas Equities	2.54%
Seagate Technology Holdings PLC	Overseas Equities	2.5%
Taiwan Semiconductor Manufacturin Co Ltd	Overseas Equities	2.36%
Equitable Holdings Inc	Overseas Equities	2.3%
Visa Inc	Overseas Equities	2.24%
Eli Lilly & Company	Overseas Equities	2.01%

The top holding, Nvidia Corporation, carries a 4.98% weight, which is large enough to matter but not so large that it dominates the fund on its own. The gap between the largest and tenth-largest holding is fairly modest, moving from 4.98% to 2.01%, so the portfolio does not look sharply top-heavy within the disclosed set.

That said, the top 10 holdings together account for approximately 29.3% of the portfolio, while the full disclosed holding list runs to 68 positions. Our view is that this creates a structure where a few overseas names may have greater influence on short-term movement, but the longer tail still leaves room for diversification across many positions.

The portfolio is also notably skewed to overseas equities, which means the fund’s outcome is likely to be influenced by global technology, healthcare and financial names that can move differently from domestic Indian market drivers. For investors, that can be useful diversification, but it also reinforces the fund’s higher-risk profile.

To see all holdings, visit the Aditya Birla SL Intl. Equity Fund Direct Growth Plan page

Source data date: as of 02 Sep 2026

Who should invest

This fund is better suited to investors who can tolerate High Risk exposure and who are comfortable with overseas equity volatility. The 1-year and 3-year numbers are strong, but the shorter windows have been uneven, so the investment case works best for a long horizon rather than a quick allocation.

The main trade-off is that you may accept choppier near-term returns in exchange for a strategy that has outpaced the benchmark over 3 years and 5 years. Investors who want steadier, benchmark-like movement may find the swings uncomfortable, while those looking for a global equity growth tilt may be more aligned with the fund’s profile.

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: 1% on or before 30D, Nil after 30D.

Source data date: as of 02 Sep 2026

Frequently asked questions

What is the current NAV of Aditya Birla SL Intl. Equity Fund Direct Growth Plan?

The current NAV is ₹56.5068 as of 02 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The 1-year return is 20.42%, the 3-year return is 19.77% and the 5-year return is 11.81%.

How does the fund compare with the benchmark?

It is ahead of the Nifty 50 over 1 year, 3 years and 5 years. The benchmark figures are -4.4%, 5.74% and 6.27% for those periods.

How does it compare with the peer set on recent returns?

Its 1-year return is below the fastest peer figures in the available set, while its 3-year and 5-year figures are also lower than the better available peer results for those horizons. The comparison still shows a positive long-term record.

What is the minimum SIP amount?

The minimum SIP amount is ₹1,000.

Who manages the fund and what is the exit load?

The fund is managed by Dhaval Joshi. The exit load is 1% on or before 30 days and nil after 30 days.

Bottom line

Aditya Birla SL Intl. Equity Fund Direct Growth Plan has a stronger 1-year, 3-year and 5-year track record than its benchmark, but the recent few months have been softer. Against the available peer set, the fund is constructive but not the most forceful on return numbers. Its High Risk profile and overseas equity tilt mean the fund can move unevenly, while the portfolio is spread across 68 holdings with its biggest positions still carrying noticeable influence. That makes it a better fit for investors who can stay patient through volatility.

Published on 4 September 2026 at 1:05 PM IST

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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.