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 debt fund. This fund was started on 28 March, 2025. The fund is managed by Siddharth Chaudhary. This fund is suitable to keep your money safe.

1. Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth has ₹358 Cr worth of assets under management (AUM) as on Dec 1969 and is less 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 1.24% since inception.

Bajaj Finserv Overnight Fund Unclaimed less than 3 years Redemption Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 Days Tbill Red 05-06-2025, 364 Days Tbill (Md 19/06/2025), 182 DTB 19062025, 182 DTB 05062025, 91 Days Tbill Red 19-06-2025

As it is a overnight 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.

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.