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.

1. Bajaj Finserv ELSS Tax Saver Fund Direct Growth has ₹33 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

Bajaj Finserv ELSS Tax Saver Fund Direct Growth has given a CAGR return of 3.48% since inception.

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

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.

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 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