Aditya Birla SL Long Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Aditya Birla SL Long Term Fund Direct Growth Plan has a NAV of ₹13.3651 as of 16 Sep 2026 and a scheme AUM of ₹98 Cr. Its 1-year, 3-year and 5-year returns are 3.18%, 6.5% and Data not available, and the fund sits in the Medium Risk bucket. Our view is that the fund has been more stable over the medium term than over the most recent month, but its benchmark-relative profile remains mixed, so it may suit investors who want moderate credit-rate exposure and can stay invested through uneven short-term moves.

The portfolio is built around government securities, corporate debt and cash equivalents, which helps explain the lower-volatility profile. The return pattern suggests a fund that has recovered over time, but recent numbers do not point to a strong short-term momentum story.

Quick facts

Particular	Details
NAV	₹13.3651 as of 16 Sep 2026
AUM	₹98 Cr
Expense Ratio	0.43%
Launch Date	08 Aug 2022
Min SIP	₹500
Risk Category	Medium Risk
Benchmark	Nifty 50
Fund Category	Debt
Exit Load	No exit load
Fund Managers	Harshil Suvarnkar, Bhupesh Bameta

The fund is managed by Harshil Suvarnkar and Bhupesh Bameta.

Source data date: as of 16 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.54%	-4.41%
3M	0.87%	-3.6%
1Y	3.18%	-7.76%
3Y	6.5%	5.74%
5Y	Data not available	Data not available

Short-term behaviour has been uneven, but the fund has still done better than the benchmark over 1 month, 3 months and 1 year. That tells us the fund has preserved more value than the index in a weak market stretch, even though its own recent 1-month return was negative.

The 3-year figure is more important for judging the fund’s underlying compounding pattern. At 6.5%, it is ahead of the benchmark’s 5.74%, which suggests the fund has delivered a slightly better medium-term outcome despite not showing strong recent momentum.

The 1-year return at 3.18% is modest in absolute terms, but the benchmark’s -7.76% indicates that the fund has held up much better than the index over the same period. In our view, that gap is a useful sign for conservative investors who care about relative defence as much as nominal return.

Because the fund launched in August 2022, a true 5-year return is not available. The available history still points to a gradual recovery pattern rather than a smooth upward line, so investors should read the recent figures as part of a cyclical fixed-income-style path rather than a straight-line growth story.

Source data date: as of 16 Sep 2026

Should you BUY or HOLD Aditya Birla SL Long Term?

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
Franklin India Long Term Fund Direct Growth Plan	4.06%	Data not available	Data not available
Bandhan Long Term Fund Direct Growth Plan	3.86%	Data not available	Data not available
Aditya Birla SL Long Term Fund Direct Growth Plan	3.18%	6.5%	Data not available
ICICI Pru Long Term Fund Direct Growth Plan	2.5%	6.38%	5.25%
SBI Long Term Fund Direct Growth Plan	2.43%	6.04%	Data not available

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

The fund trails Franklin India Long Term Fund Direct Growth Plan and Bandhan Long Term Fund Direct Growth Plan on 1-year return, but it still stays ahead of ICICI Pru Long Term Fund Direct Growth Plan and SBI Long Term Fund Direct Growth Plan over the same horizon. That makes the short-term picture competitive, though not clearly leading.

On the 3-year measure, it stands above ICICI Pru Long Term Fund Direct Growth Plan and SBI Long Term Fund Direct Growth Plan, which supports the view that its medium-term compounding has been a little better than some peers with available data. The 5-year field is not available for this fund, so the longer-range comparison is incomplete and should be treated with that limitation in mind.

Overall, the peer set tells a split story: the fund is not the strongest on 1-year return, but its 3-year figure is solid enough to keep it in the same conversation as the better medium-term outcomes in the set.

Source data date: as of 16 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
TREPS	Cash & Cash Equivalents and Net Assets	17.86%
Government of India (06/11/2073)	Government Securities	14.83%
Government of India (15/04/2065)	Government Securities	13.78%
Government of India (18/05/2066)	Government Securities	12.25%
6.99% National Highways Authority of India (28/05/2035) **	Corporate Debt	9.76%
State Government Securities (25/06/2037)	Government Securities	9.64%
7.75% Indian Railway Finance Corporation Ltd. (15/04/2033) **	Corporate Debt	4.07%
7.39% Indian Railway Finance Corporation Ltd. (15/07/2034) **	Corporate Debt	3.99%
Government of India (23/05/2036)	Government Securities	2.63%
Net Receivable / Payable	Cash & Cash Equivalents and Net Assets	2.5%

The top 10 holdings account for approximately 91.31% of the portfolio.

To see all holdings, visit the Aditya Birla SL Long Term Fund Direct Growth Plan page

The largest position, TREPS, is 17.86% of the portfolio, so it can have a meaningful effect on near-term liquidity and return smoothing. After that, the weights step down gradually into government securities and a smaller sleeve of corporate debt, which suggests the fund is not relying on a single position for most of its outcome.

The gap from the largest holding to the tenth holding is sizable, but not extreme enough to imply a single dominant bet. Because the displayed ten holdings already account for 91.31% of the portfolio and the full portfolio includes 17 disclosed holdings, the fund appears fairly concentrated in its core fixed-income exposures while still leaving room for additional smaller positions.

That mix may suit investors who prefer visible, plain-vanilla debt instruments rather than a broad, highly fragmented basket. It also means changes in government securities and money-market balances could matter more than they would in a highly diversified equity fund.

Source data date: as of 16 Sep 2026

Who should invest

This fund fits investors with moderate risk tolerance who are comfortable with a Medium Risk profile and do not expect smooth month-to-month outcomes. The return path shows that it has been better over 3 years than in the very recent stretch, while the 1-year figure still compares favourably with the benchmark’s negative return.

Our view is that the fund is more suitable for investors with a medium-term horizon rather than those looking for quick gains. The main trade-off is that the portfolio’s debt-heavy structure can help temper volatility, but it also means returns may remain modest when markets are strong elsewhere.

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: No exit load.

Source data date: as of 16 Sep 2026

Frequently asked questions

What is the current NAV of Aditya Birla SL Long Term Fund Direct Growth Plan?
The current NAV is ₹13.3651 as of 16 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
Its 1-year return is 3.18%, its 3-year return is 6.5%, and the 5-year return is Data not available because the fund history is shorter than five years.

How has the fund done versus the benchmark?
It has beaten the Nifty 50 across the 1-month, 3-month and 1-year periods in the performance table, and it is also ahead over 3 years. The benchmark has been weaker over the shorter windows, especially over 1 year.

How does it compare with peer funds on available return data?
Its 1-year return is below Franklin India Long Term Fund Direct Growth Plan and Bandhan Long Term Fund Direct Growth Plan, but above ICICI Pru Long Term Fund Direct Growth Plan and SBI Long Term Fund Direct Growth Plan. On 3 years, it is ahead of ICICI Pru Long Term Fund Direct Growth Plan and SBI Long Term Fund Direct Growth Plan.

What is the minimum SIP amount?
The minimum SIP amount is ₹500.

What is the fund’s risk profile and portfolio style?
It is in the Medium Risk category and holds a mix of TREPS, government securities and corporate debt. The fund is managed by Harshil Suvarnkar and Bhupesh Bameta, and there is no exit load.

Bottom line

Aditya Birla SL Long Term Fund Direct Growth Plan has a mixed but steady-looking record: recent returns are modest, yet the 3-year outcome is better than the benchmark and the 1-year figure has held up far better than the index. Against peers with available data, it is not the strongest on the latest 1-year number, but it remains competitive over 3 years. The portfolio is concentrated in government securities, cash and a smaller corporate-debt sleeve, which supports the Medium Risk profile and may appeal to investors seeking a measured debt-oriented allocation.

Published on 17 September 2026 at 3:47 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.