Bajaj Finserv Multi Asset Allocation Fund Direct Growth

Bajaj Finserv Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 3 June, 2024. The fund is managed by Siddharth Chaudhary, Sorbh Gupta. This fund gives you the benefit of diversification.

1. Bajaj Finserv Multi Asset Allocation Fund Direct Growth has ₹1110 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

Bajaj Finserv Multi Asset Allocation Fund Direct Growth has given a CAGR return of 0.30% since inception.

Bajaj Finserv Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Financial Services, Consumer Defensive, Tech, Utilities, Basic Materials, Consumer Cyclical, Energy, Health, Industrial, Communication.

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securitiesincluding derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs. 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 Multi Asset Allocation Fund Direct Growth has no lock in period.