Equity
Direct
Large & Mid-Cap
NAV as on 06-12-2024
₹ 12.34
Inception Returns
23.1%
/yr
Bajaj Finserv Large and Mid Cap Fund Direct Growth is an equity fund. This fund was started on 29 February, 2024. The fund is managed by Sorbh Gupta, Siddharth Chaudhary. The fund could potentially beat inflation in the long-run.
Bajaj Finserv Large and Mid Cap Fund Direct Growth has given a CAGR return of 23.15% since inception.
Bajaj Finserv Large and Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Consumer Cyclical, Consumer Defensive, Basic Materials, Tech, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, Tata Consultancy Services Ltd, Cipla Ltd, Divi's Laboratories Ltd, Hindustan Unilever Ltd
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The fund manager may also seek participation in other equity and equity related securities. However, there is no assurance that the investment objective of the Scheme will be achieved.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Bajaj Finserv Large and Mid Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.61% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹1553 Cr |
Inception Date | 29 February, 2024 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 2.06% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Low Risk |
as on (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Consumer Defensive
Bajaj Finserv Large and Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.35% | 1.35% |
6 Month Returns | 11.02% | 11.02% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Bajaj Finserv Large and Mid Cap Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Bajaj Finserv Large and Mid Cap Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Bajaj Finserv Large and Mid Cap Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Bajaj Finserv Large and Mid Cap Fund Direct Growth | - | - | - |