Bajaj Finserv Liquid Fund Direct Growth

Bajaj Finserv Liquid Fund Direct Growth

Debt

Direct

Liquid

NAV as on 29-10-2024

₹ 1098.56

Inception Returns

7.4%

/yr

About Bajaj Finserv Liquid Fund Direct Growth

Bajaj Finserv Liquid Fund Direct Growth 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 Liquid Fund Direct Growth has ₹3823 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 Liquid Fund Direct Growth has given a CAGR return of 7.37% since inception. Over the last 1 year the fund has given a CAGR return of 7.52%.

Holdings

Bajaj Finserv Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are 364 DTB 0205202407112024, Govt Stock, Axis Bank Limited, Axis Bank Limited, Larsen And Toubro Limited

Taxation

As it is a liquid 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 Liquid Fund Direct Growth

To provide a level of income consistent with the objectives of preservation of capital, lower risk and high liquidity through investments made primarily in money market and debt securities with maturity of up to 91 days only. Disclaimer: 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 100.00 and for SIP is INR 1000.00. Bajaj Finserv Liquid Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
390 people have invested ₹ 51.6L in Bajaj Finserv Liquid Fund Direct Growth in the last three months

Bajaj Finserv Liquid Fund Direct Growth Overview

Expense ratio0.1%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹3823 Cr
Inception Date5 July, 2023
Min Lumpsum/SIP₹100/₹1000
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
877.69%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (29-Oct-24)

Period
Bajaj Finserv Liquid Fund Direct Growth
Liquid Index
1M
0.6%
0.3%
3M
1.8%
1.2%
6M
3.6%
2.9%
1Y
7.5%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.9%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Cash Equivalent
57%
Corporate
43%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 4.9K Cr
₹ 4.9K Cr
₹ 3.9K Cr
  • AUM of the fund stands at 4.9K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Cash allocation has gone up from 97.8% to 99.8%
Cash allocation has gone up from 97.8% to 99.8%
Debt allocation has gone down from 2% to 0%
Debt allocation has gone down from 2% to 0%

Top 2 Sectors in September were Corporate, Government

Sep'24
Corporate
43%
Aug'24
Corporate
25%
Government
5%
  • Debt & Cash

Holdings
Weight%
1M Change
364 DTB 0205202407112024
364 DTB 0205202407112024
5.88%
0%
Govt Stock
Govt Stock
5.17%
0%
Axis Bank Limited
Axis Bank Limited
3.59%
133.3%
Axis Bank Limited
Axis Bank Limited
3.08%
0%
Larsen And Toubro Limited
Larsen And Toubro Limited
2.59%
100%
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Fund House
Bajaj Finserv Asset Management Limited
Total AUM
₹16.79K Cr
as on 30-Sep-2024
Address
India
Phone
+912071576064
Website

Bajaj Finserv Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.37% since inception which is more than its category average return of 4.97%
AUM size ₹3823 Cr

AUM size ₹3823 Cr

This fund has AUM of ₹3823 Cr which is less than its category average of ₹ 13448 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.23%

Frequently Asked Questions for Bajaj Finserv Liquid Fund Direct Growth

The current NAV of Bajaj Finserv Liquid Fund Direct Growth is ₹1098.56 as on 29-Oct-2024.
Existing (Absolute + CAGR) as on 29-Oct-2024.
Bajaj Finserv Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
3.61%
3.61%
1 Year Returns
7.52%
7.52%
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.
0.1% as on September 2024
₹3823 Cr as on September 2024
364 DTB 0205202407112024(5.88%), Govt Stock(5.17%), Axis Bank Limited(3.59%), Axis Bank Limited(3.08%), Larsen And Toubro Limited(2.59%) as on September 2024
Yield to Maturity is 7.23 as on September 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 0.16 as on September 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 Liquid Fund Direct Growth is 0.01%