Bajaj Finserv Banking and PSU Fund Direct Growth
Get the latest NAV of Bajaj Finserv Banking and PSU Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹11.45
▲0.1%1D
NAV as on 14 May 2025
9.36%/per year
Since Inception
▲▼
57 people have invested ₹ 1.9L in Bajaj Finserv Banking and PSU Fund Direct Growth in the last three months
Fund Performance
as on (14-May-25)
Peer comparison
Bajaj Finserv Banking and PSU Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bajaj Finserv Banking and PSU Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Debt & Cash 99.8%
Bajaj Finserv Banking and PSU Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Debt & Cash 99.8%
Top 2 Sectors in April were Government, Corporate
Government
50%
Corporate
45%
Government
51%
Corporate
45%
Bajaj Finserv Banking and PSU Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.34% |
Benchmark | NIFTY Banking & PSU Debt TR INR |
| AUM | ₹115 Cr |
| Inception Date | 15 November, 2023 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 40.82% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
About Bajaj Finserv Banking and PSU Fund
Bajaj Finserv Banking and PSU Fund Direct Growth is a debt fund. This fund was started on 15 November, 2023. The fund is managed by Siddharth Chaudhary. This fund is suitable to keep your money safe.
Key Parameters
- Bajaj Finserv Banking and PSU Fund Direct Growth has ₹115 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Bajaj Finserv Banking and PSU Fund Direct Growth has given a CAGR return of 9.36% since inception. Over the last 1 year the fund has given a CAGR return of 10.01%.
Holdings
Bajaj Finserv Banking and PSU Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.48% National Bank For Agriculture And Rural Development, Indian Railway Finance Corporation Limited, Housing And Urban Development Corporation Limited, Rural Electrification Corporation Limited, 7.32% Govt Stock 2030
Taxation
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Bajaj Finserv Banking and PSU Fund Direct Growth
To generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and / or any security unconditionally guaranteed by the Govt. of India. There is no assurance that or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Bajaj Finserv Banking and PSU Fund Direct Growth has no lock in period.
Fund Manager
Siddharth Chaudhary
Fund Manager of Bajaj Finserv Banking and PSU Fund Direct Growth, since 15 November 2023
- AUM of the fund stands at 114.7 Cr as of Apr'25
- AUM increased by 1.8 Cr between Apr'25 and Mar'25
More funds from Bajaj Finserv
1Y CAGR
▲ 8.16
1Y CAGR
▲ 7.37
1Y CAGR
▲ 6.56
Frequently Asked Questions for Bajaj Finserv Banking and PSU Fund Direct Growth
What is the current NAV of Bajaj Finserv Banking and PSU Fund Direct Growth?
What are the average returns of Bajaj Finserv Banking and PSU Fund Direct Growth?
Bajaj Finserv Banking and PSU Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.05% | 1.05% |
6 Month Returns | 5.3% | 5.3% |
1 Year Returns | 10.01% | 10.01% |
3 Years Returns | 0% | 0% |
How do I invest in Bajaj Finserv Banking and PSU Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Bajaj Finserv Banking and PSU Fund Direct Growth?
What is net assets under management (AUM) of Bajaj Finserv Banking and PSU Fund Direct Growth?
What are the top 5 holdings of Bajaj Finserv Banking and PSU Fund Direct Growth?
What are the top 3 sectors that this Bajaj Finserv Banking and PSU Fund Direct Growth has invested in?
What is the yield to maturity ratio of Bajaj Finserv Banking and PSU Fund Direct Growth?
What is the modified duration of Bajaj Finserv Banking and PSU Fund Direct Growth?
What is the credit rating breakup of Bajaj Finserv Banking and PSU Fund Direct Growth?
AAA | 100 |