Bajaj Finserv Banking and PSU Fund Direct Growth
NAV as on 17-04-2025
₹ 11.38
▲0.2%
1D
Inception Returns
9.4%
/yr
Historical NAV & Returns
About Bajaj Finserv Banking and PSU Fund Direct Growth
Bajaj Finserv Banking and PSU Fund Direct Growth is a debt fund. This fund was started on 15 November, 2023. The fund is managed by Siddharth Chaudhary. This fund is suitable to keep your money safe.
Key Parameters
- Bajaj Finserv Banking and PSU Fund Direct Growth has ₹113 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Bajaj Finserv Banking and PSU Fund Direct Growth has given a CAGR return of 9.36% since inception. Over the last 1 year the fund has given a CAGR return of 10.03%.
Holdings
Bajaj Finserv Banking and PSU Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.48% National Bank For Agriculture And Rural Development, Housing And Urban Development Corporation Limited, Indian Railway Finance Corporation Limited, Rural Electrification Corporation Limited, 7.32% Govt Stock 2030
Taxation
As it is a banking & psu 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.
Investment objective of Bajaj Finserv Banking and PSU Fund Direct Growth
To generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and / or any security unconditionally guaranteed by the Govt. of India. There is no assurance that or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Bajaj Finserv Banking and PSU Fund Direct Growth has no lock in period.
Bajaj Finserv Banking and PSU Fund Direct Growth Overview
| Expense ratio | 0.34% |
Benchmark | NIFTY Banking & PSU Debt TR INR |
| AUM | ₹113 Cr |
| Inception Date | 15 November, 2023 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 40.82% |
| 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 |   Moderate Risk |
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 112.9 Cr as of Mar'25
- AUM decreased by 5.5 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.48% National Bank For Agriculture And Rural Development | 10.68% | 0% | |
Housing And Urban Development Corporation Limited | 9.3% | 0% | |
Indian Railway Finance Corporation Limited | 9.27% | 0% | |
Rural Electrification Corporation Limited | 9.26% | 0% | |
7.32% Govt Stock 2030 | 9.2% | -50% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Bajaj Finserv Banking and PSU Fund Direct Growth | 10.03% | - | - | 9.36% |
 Edelweiss Banking and PSU Debt Fund Direct Plan Growth | 10.1% | 7.64% | 7.28% | 8.32% |
 Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth | 9.69% | 7.46% | 7.14% | 8.54% |
 ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth | 9.42% | 7.87% | 7.45% | 8.27% |
Bajaj Finserv Banking and PSU Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹113 Cr
Expense Ratio 0.34%
More funds from Bajaj Finserv
1Y CAGR
▲ 8.09
1Y CAGR
▲ 7.40
1Y CAGR
▲ 6.61
Frequently Asked Questions for Bajaj Finserv Banking and PSU Fund Direct Growth
Bajaj Finserv Banking and PSU Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.29% | 2.29% |
6 Month Returns | 4.85% | 4.85% |
1 Year Returns | 10.03% | 10.03% |
3 Years Returns | 0% | 0% |
- 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.
AAA | 100 |