Bajaj Finserv Large and Mid Cap Fund Direct Growth

Bajaj Finserv Large and Mid Cap Fund Direct Growth is an equity fund. This fund was started on 29 February, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Bajaj Finserv Large and Mid Cap Fund Direct Growth has ₹1506 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
2. The fund has an expense ratio 0.6.
   

Bajaj Finserv Large and Mid Cap Fund Direct Growth has given a CAGR return of 17.13% since inception.

Bajaj Finserv Large and Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Consumer Cyclical, Consumer Defensive, Basic Materials, Tech, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, Tata Consultancy Services Ltd, Cipla Ltd, Divi's Laboratories Ltd, Hindustan Unilever Ltd

As it is a large & mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

To generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The fund manager may also seek participation in other equity and equity related securities. 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. Bajaj Finserv Large and Mid Cap Fund Direct Growth has no lock in period.