Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl

Debt
Direct
Money Market
Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 24 July, 2023. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl has ₹2131 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 7.73% since inception.

Holdings

Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are National Bank for Agriculture and Rural Development, ICICI Bank Ltd., Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), HDFC Bank Ltd., Canara Bank

Taxation

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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl

The investment objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.22%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹2131 Cr
Inception Date24 July, 2023
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Corporate
47%
Cash Equivalent
38.2%
Government
14.8%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
4.48%
0%
ICICI Bank Ltd.
ICICI Bank Ltd.
3.37%
0%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
3.37%
0%
HDFC Bank Ltd.
HDFC Bank Ltd.
3.36%
0%
Canara Bank
Canara Bank
3.34%
0%

Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered returns of 7.73% since inception (24nd Jul 2023)
AUM size ₹2131 Cr

AUM size ₹2131 Cr

This fund has AUM of ₹2131 Cr which is less than its category average of ₹ 8133 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl is ₹1077.93 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Bajaj Finserv Money Market Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.64%
0.64%
6 Month Returns
3.84%
3.84%
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.
0.22% as on June 2024
₹2131 Cr as on June 2024
National Bank for Agriculture and Rural Development(4.48%), ICICI Bank Ltd.(3.37%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(3.37%), HDFC Bank Ltd.(3.36%), Canara Bank(3.34%) as on June 2024
Corporate(46.98%), Cash Equivalent(38.2%), Government(14.82%) as on June 2024
Yield to Maturity is 7.55 as on June 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 0.59 as on June 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 Money Market Fund Direct Payout Inc Dist cum Cap Wdrl is 0%