Debt
Direct
Money Market
NAV as on 21-03-2025
₹ 1133.55
Inception Returns
7.8%
/yr
Bajaj Finserv Money Market Fund Direct Growth is a debt fund. This fund was started on 24 July, 2023. The fund is managed by Siddharth Chaudhary. This fund is suitable to keep your money safe.
Bajaj Finserv Money Market Fund Direct Growth has given a CAGR return of 7.82% since inception. Over the last 1 year the fund has given a CAGR return of 7.67%.
Bajaj Finserv Money Market Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Export-Import Bank Of India, Small Industries Development Bank Of India, Axis Bank Ltd., Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Pnb Housing Finance Limited
As it is a money market 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 investment objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Bajaj Finserv Money Market Fund Direct Growth has no lock in period.
Expense ratio | 0.11% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹3139 Cr |
Inception Date | 24 July, 2023 |
Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 461.06% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (21-Mar-25)
as on (31-Dec-69)
Top 2 Sectors in February were Corporate, Government
Bajaj Finserv Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.74% | 3.74% |
1 Year Returns | 7.67% | 7.67% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |