Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth

Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth is a hybrid fund. This fund was started on 28 March, 2025. The fund is managed by Siddharth Chaudhary, Nimesh Chandan. This fund gives you the benefit of diversification.

1. Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth has ₹912 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth has given a CAGR return of 3.35% since inception.

Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth has allocated its funds majorly in Cash Equivalent, Government.

As it is a overnight mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The Scheme aims to provide reasonable returns commensurate with low risk and high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth has no lock in period.