Bajaj Finserv Nifty Next 50 Index Fund Direct Growth

Bajaj Finserv Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 12 May, 2025. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Bajaj Finserv Nifty Next 50 Index Fund Direct Growth has ₹8 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Bajaj Finserv Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 9.31% since inception.

Bajaj Finserv Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Utilities, Consumer Cyclical, Basic Materials, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Divi's Laboratories Ltd, Vedanta Ltd, Indian Hotels Co Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

An open ended index linked growth scheme seeking to replicate the returns of the Nifty Next 50 through investments in a basket of stocks drawn from the constituents of the Nifty Next 50 index. The objective of the Scheme is to invest in companies whose securities are included in the Nifty Next 50 Index and subject to tracking errors, to endeavor to achieve the returns of the Nifty Next 50 Index. This would be done by investing in all the stocks comprising Nifty Next 50 in approximately the same weightage that they represent in Nifty Next 50. The Scheme will not seek to outperform the Nifty Next 50 or to underperform it. The objective is that the performance of the NAV of the Scheme should track the performance of the Nifty Next 50 over the same period.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Bajaj Finserv Nifty Next 50 Index Fund Direct Growth has no lock in period.