Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl
Debt
Direct
Banking & Psu
NAV: ₹ 10.44 as on 21-05-2024
About the Fund
Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 15 November, 2023. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl has ₹111 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.
Fund Performance
Overview
 | 0.34% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹111 Cr |
 | 15 November, 2023 |
 | ₹1000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 0% |
Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
55.4%
Corporate
36.6%
Cash Equivalent
7.9%
Top Holdings of Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl as on (30-Apr-24)
Debt Holdings14
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.37% Govt Stock 2028 | 17.64% | 50% | |
Indian Railway Finance Corporation Limited | 9.07% | 0% | |
Rural Electrification Corporation Limited | 9.05% | 0% | |
Small Industries Development Bank Of India | 8.77% | 0% | |
National Housing Bank | 8.75% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 100.3 Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered returns of 4.22% since inception (15nd Nov 2023)
AUM size ₹111 Cr
This fund has AUM of ₹111 Cr which is less than its category average of ₹ 3706 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl is ₹10.44 as on 21-May-2024.
Existing (Absolute + CAGR) as on 21-May-2024.
Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.07% | 1.07% |
6 Month Returns | 4.11% | 4.11% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.34% as on April 2024
₹111 Cr as on April 2024
7.37% Govt Stock 2028(17.64%), Indian Railway Finance Corporation Limited(9.07%), Rural Electrification Corporation Limited(9.05%), Small Industries Development Bank Of India(8.77%), National Housing Bank(8.75%) as on April 2024
Government(58.14%), Corporate(35.42%), Cash Equivalent(6.44%) as on April 2024
Yield to Maturity is 7.51 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.6 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
The Exit load of Bajaj Finserv Banking and PSU Fund Direct Monthly Payout Inc Dist cum Cap Wdrl is 0%