Bajaj Finserv Overnight Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl

Bajaj Finserv Overnight Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl

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Debt
Direct
Overnight
NAV: ₹ 1038.31 as on 11-06-2024

About the Fund

Bajaj Finserv Overnight Fund Direct Monthly Transfer 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 Monthly Transfer Inc Dist cum Cap Wdrl has ₹180 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 Monthly Transfer Inc Dist cum Cap Wdrl has given a CAGR return of 3.79% since inception.

Holdings

Bajaj Finserv Overnight Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are

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 Monthly Transfer 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 0.00 and for SIP is INR 0.00. Bajaj Finserv Overnight Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.08%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹180 Cr
Inception Date
Inception Date
5 July, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Bajaj Finserv Overnight Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
94.5%
Government
5.5%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 192 Cr
₹ 192 Cr
₹ 417.8 Cr
  • AUM of the fund stands at 192 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Bajaj Finserv Overnight Fund Direct Monthly Transfer 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 returns of 3.79% since inception (05nd Jul 2023)
AUM size ₹180 Cr

AUM size ₹180 Cr

This fund has AUM of ₹180 Cr which is less than its category average of ₹ 2630 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 Monthly Transfer Inc Dist cum Cap Wdrl is ₹1038.31 as on 11-Jun-2024.
Existing (Absolute + CAGR) as on 11-Jun-2024.
Bajaj Finserv Overnight Fund Direct Monthly Transfer Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.02%
0.02%
6 Month Returns
0.87%
0.87%
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.
0.08% as on May 2024
₹180 Cr as on May 2024
Yield to Maturity is 6.74 as on May 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 0.01 as on May 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 Monthly Transfer Inc Dist cum Cap Wdrl is 0%