Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Equity

Direct

Elss (Tax Savings)

NAV as on 13-03-2025

₹ 10.01

-0.2%

1D

Inception Returns

0.1%

/yr

About Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Bajaj Finserv ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 29 January, 2025. The fund is managed by Sorbh Gupta, Siddharth Chaudhary. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Bajaj Finserv ELSS Tax Saver Fund Direct Growth has ₹33 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Bajaj Finserv ELSS Tax Saver Fund Direct Growth has given a CAGR return of 0.10% since inception.

Holdings

Bajaj Finserv ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Basic Materials, Consumer Defensive, Energy, Tech, Consumer Cyclical, Utilities, Communication. Its top holdings are HDFC Bank Ltd, Infosys Ltd, Reliance Industries Ltd, UltraTech Cement Ltd, ICICI Bank Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Bajaj Finserv ELSS Tax Saver Fund Direct Growth

To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities while offering deduction on such investment made in the scheme under Section 80C of the Income Tax Act, 1961. However, 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 500.00 and for SIP is INR 500.00. There is a lock in period for Bajaj Finserv ELSS Tax Saver Fund Direct Growth of 3 Years

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
482 people have invested ₹ 19.7L in Bajaj Finserv ELSS Tax Saver Fund Direct Growth in the last three months

Bajaj Finserv ELSS Tax Saver Fund Direct Growth Overview

Expense ratio0.45%
Benchmark
S&P BSE 200 India TR INR
AUM₹33 Cr
Inception Date29 January, 2025
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Low Risk

Trailing Returns

as on (13-Mar-25)

Period
Bajaj Finserv ELSS Tax Saver Fund Direct Growth
Nifty 500
elss (tax savings)
1M
-0.4%
-2.2%
-4.1%

Fund Distribution

as on (31-Dec-69)

  • Equity 74.6%

  • Debt & Cash 25.4%

Large cap
56.2%

Mid cap
9.3%

Small cap
9%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
19.5%
Industrial
16.9%
Health
16.8%
Basic Materials
10.2%
Consumer Defensive
9.6%
Energy
8.7%
Tech
8.1%
Consumer Cyclical
5.1%
Utilities
3.9%
Communication
1.3%
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Sorbh Gupta
Sorbh Gupta
Fund Manager of Bajaj Finserv ELSS Tax Saver Fund Direct Growth, since 29 January 2025
Siddharth Chaudhary
Siddharth Chaudhary
Fund Manager of Bajaj Finserv ELSS Tax Saver Fund Direct Growth, since 29 January 2025
Fund House
Bajaj Finserv Asset Management Limited
Total AUM
₹17.22K Cr
as on 31-Jan-2025
Address
India
Phone
+912071576064
Website

Bajaj Finserv ELSS Tax Saver Fund Direct Growth 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 0.10% since inception (29th January 2025)
Fund Allocations

Fund Allocations

This fund has an allocation of 74.57% in Equity, 0% in Debt and 25.44% in Cash related instruments
AUM size ₹33 Cr

AUM size ₹33 Cr

This fund has AUM of ₹33 Cr which is less than its category average of ₹ 4477 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions for Bajaj Finserv ELSS Tax Saver Fund Direct Growth

The current NAV of Bajaj Finserv ELSS Tax Saver Fund Direct Growth is ₹10.01 as on 13-Mar-2025.
Existing (Absolute + CAGR) as on 13-Mar-2025.
Bajaj Finserv ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.37%
-0.37%
6 Month Returns
0%
0%
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.
0.45% as on February 2025
₹33 Cr as on February 2025
HDFC Bank Ltd(5.42%), Infosys Ltd(4.56%), Reliance Industries Ltd(4.45%), UltraTech Cement Ltd(3.62%), ICICI Bank Ltd(3.2%) as on February 2025
Financial Services(14.54%), Industrial(12.61%), Health(12.49%) as on January 1
The alpha ratio for the Bajaj Finserv ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Bajaj Finserv ELSS Tax Saver Fund Direct Growth
-
-
-
As on February 2025
The alpha for Bajaj Finserv ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Bajaj Finserv ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Bajaj Finserv ELSS Tax Saver Fund Direct Growth
-
-
-
As on February 2025
The Beta for Bajaj Finserv ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Bajaj Finserv ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Bajaj Finserv ELSS Tax Saver Fund Direct Growth
-
-
-
As on February 2025
The sharpe ratio for Bajaj Finserv ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Bajaj Finserv ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Bajaj Finserv ELSS Tax Saver Fund Direct Growth
-
-
-
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sorbh Gupta, Siddharth Chaudhary are the fund managers of Bajaj Finserv ELSS Tax Saver Fund Direct Growth
The Exit load of Bajaj Finserv ELSS Tax Saver Fund Direct Growth is 0%