Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl

Debt
Direct
Overnight
Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl

About the Fund

Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 5 July, 2023. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl has ₹427 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 6.29% since inception. Over the last 1 year the fund has given a CAGR return of 6.30%.

Holdings

Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are Axis Securities Limited, Kotak Securities Ltd, 182 DTB 11072024

Taxation

As it is a overnight 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 Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl

The Scheme aims to provide reasonable returns commensurate with low risk and high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. 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 100.00 and for SIP is INR 1000.00. Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.08%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹427 Cr
Inception Date5 July, 2023
Min Lumpsum/SIP₹100/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
95.7%
Government
4.3%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Axis Securities Limited
Axis Securities Limited
7.22%
0%
Kotak Securities Ltd
Kotak Securities Ltd
7.22%
0%
182 DTB 11072024
182 DTB 11072024
2.87%
0%

Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl 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 an average annual returns of 6.29% since inception which is more than its category average return of 3.89%
AUM size ₹427 Cr

AUM size ₹427 Cr

This fund has AUM of ₹427 Cr which is less than its category average of ₹ 2556 Cr
Expense Ratio 0.08%

Expense Ratio 0.08%

This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl is ₹1033.33 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Bajaj Finserv Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.05%
0.05%
6 Month Returns
2.82%
2.82%
1 Year Returns
6.3%
6.3%
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.
0.08% as on June 2024
₹427 Cr as on June 2024
Yield to Maturity is 6.7 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 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 Overnight Fund Direct Fortnightly Payout Inc Dist cum Cap Wdrl is 0%