Bajaj Finserv Large and Mid Cap Fund Direct Growth

Bajaj Finserv Large and Mid Cap Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 06-12-2024

₹ 12.34

Inception Returns

23.1%

/yr

About Bajaj Finserv Large and Mid Cap Fund Direct Growth

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.

Key Parameters

  1. Bajaj Finserv Large and Mid Cap Fund Direct Growth has ₹1553 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Bajaj Finserv Large and Mid Cap Fund Direct Growth has given a CAGR return of 23.15% since inception.

Holdings

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

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Bajaj Finserv Large and Mid Cap Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
801 people have invested ₹ 77.4L in Bajaj Finserv Large and Mid Cap Fund Direct Growth in the last three months

Bajaj Finserv Large and Mid Cap Fund Direct Growth Overview

Expense ratio0.61%
Benchmark
S&P BSE 200 India TR INR
AUM₹1553 Cr
Inception Date29 February, 2024
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
2.06%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Low Risk

Trailing Returns

as on (06-Dec-24)

Period
Bajaj Finserv Large and Mid Cap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
1.3%
2.9%
1.9%
3M
-0.3%
-0.7%
0.4%
6M
11%
7.1%
12.2%

Fund Distribution

as on (31-Oct-24)

  • Equity 96.9%

  • Debt & Cash 3.1%

Large cap
54.5%

Mid cap
35.9%

Small cap
6.7%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
20.3%
Consumer Cyclical
13.8%
Consumer Defensive
13.3%
Industrial
13%
Health
12.8%
Basic Materials
8%
Communication
7.6%
Tech
4.5%
Energy
4.4%
Real Estate
2.3%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.31%
2.09%
2.04%
NIFTY 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.31% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed NIFTY 500 by 1.21% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.5K Cr
₹ 1.5K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.5K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Consumer Defensive

Oct'24
Financial Services
20%
Consumer Cyclical
14%
Consumer Defensive
13%
Sep'24
Financial Services
20%
Consumer Cyclical
14%
Consumer Defensive
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
65
65
67
Top 5 Company Concentration
20.6%
20.6%
20.5%
Company having highest exposure
HDFC Bank Ltd (6.5%)
HDFC Bank Ltd (6.5%)
HDFC Bank Ltd (5.5%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
73.2%
73.2%
72.2%
Sector having highest exposure
Financial Services (20.3%)
Financial Services (20.3%)
Financial Services (18.2%)
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Sorbh Gupta
Sorbh Gupta
Fund Manager of Bajaj Finserv Large and Mid Cap Fund Direct Growth, since 29 February 2024
Siddharth Chaudhary
Siddharth Chaudhary
Fund Manager of Bajaj Finserv Large and Mid Cap Fund Direct Growth, since 29 February 2024
Fund House
Bajaj Finserv Asset Management Limited
Total AUM
₹16.08K Cr
as on 31-Oct-2024
Address
India
Phone
+912071576064
Website

Bajaj Finserv Large and Mid Cap Fund Direct Growth Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered returns of 23.15% since inception (29th February 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 96.87% in Equity, 0% in Debt and 3.13% in Cash related instruments
AUM size ₹1553 Cr

AUM size ₹1553 Cr

This fund has AUM of ₹1553 Cr which is less than its category average of ₹ 7300 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions for Bajaj Finserv Large and Mid Cap Fund Direct Growth

The current NAV of Bajaj Finserv Large and Mid Cap Fund Direct Growth is ₹12.34 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
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%
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.
0.61% as on November 2024
₹1553 Cr as on November 2024
HDFC Bank Ltd(7.19%), Tata Consultancy Services Ltd(3.79%), Cipla Ltd(3.67%), Divi's Laboratories Ltd(3.52%), Hindustan Unilever Ltd(3.21%) as on November 2024
Financial Services(22.19%), Health(17.31%), Industrial(11.64%) as on November 2024
The alpha ratio for the Bajaj Finserv Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bajaj Finserv Large and Mid Cap Fund Direct Growth
-
-
-
As on November 2024
The alpha for Bajaj Finserv Large and Mid Cap Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Bajaj Finserv Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bajaj Finserv Large and Mid Cap Fund Direct Growth
-
-
-
As on November 2024
The Beta for Bajaj Finserv Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Bajaj Finserv Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Bajaj Finserv Large and Mid Cap Fund Direct Growth
-
-
-
As on November 2024
The sharpe ratio for Bajaj Finserv Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Bajaj Finserv Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Bajaj Finserv Large and Mid Cap Fund Direct Growth
-
-
-
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sorbh Gupta, Siddharth Chaudhary are the fund managers of Bajaj Finserv Large and Mid Cap Fund Direct Growth
The Exit load of Bajaj Finserv Large and Mid Cap Fund Direct Growth is 1%