Overview
Bajaj Finserv Banking and PSU Fund Direct Growth
Bajaj Finserv Mutual Fund
The scheme seeks to generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and / or any security unconditionally guaranteed by the Govt. of India.
Investments in Bajaj Finserv Banking and PSU Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 11.3906
Fund Size (AUM)
₹112.9 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹1000
Launch Date
13-Nov-2023
Expense Ratio
0.34%
Exit Load
Nil
Benchmark
Nifty Banking & PSU Debt Index A-II
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
7.58%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.21% | N/A | N/A | N/A |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 2 | N/A | N/A | N/A |
Holdings (14)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Bonds | 10.68% |
| Housing & Urban Development Corporation Ltd. | Financial | Debenture | 9.3% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 9.27% |
| REC Ltd. | Financial | Debenture | 9.26% |
| GOI | Sovereign | GOI Sec | 9.2% |
| National Housing Bank | Financial | Debenture | 9.06% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 9.01% |
| Power Grid Corporation Of India Ltd. | Energy | Bonds | 4.8% |
| HDFC Bank Ltd. | Financial | Debenture | 4.57% |
| Power Finance Corporation Ltd. | Financial | Debenture | 4.52% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 2
AMC Details
Asset Management Company
Bajaj Finserv Mutual Fund
None Bajaj Finserv Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2021-10-18T00:00:00.652Z
Total AUM
₹ 20555.03 Cr
Address
8th floor, E-Core,Solitaire Business Hub (formerly Marvel Edge),Viman Nagar Pune 411014
Phone
1800-309-3900
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Bajaj Finserv Banking and PSU Fund Direct Growth
Bajaj Finserv Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bajaj Finserv Banking and PSU Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Bajaj Finserv Banking and PSU Fund Direct Growth?
The top stocks held by Bajaj Finserv Banking and PSU Fund Direct Growth include National Bank For Agriculture & Rural Development, Housing & Urban Development Corporation Ltd., Indian Railway Finance Corporation Ltd..
Which industries does Bajaj Finserv Banking and PSU Fund Direct Growth invest in?
Bajaj Finserv Banking and PSU Fund Direct Growth primarily invests in the following industries: Financial, Sovereign, Energy.
Who are the fund managers of Bajaj Finserv Banking and PSU Fund Direct Growth?
The fund managers of Bajaj Finserv Banking and PSU Fund Direct Growth are Nimesh Chandan and Siddharth Chaudhary.
How many years has the fund manager been managing Bajaj Finserv Banking and PSU Fund Direct Growth?
Nimesh Chandan:
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Siddharth Chaudhary:
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What is the minimum investment for Bajaj Finserv Banking and PSU Fund Direct Growth?
The minimum investment for Bajaj Finserv Banking and PSU Fund Direct Growth is ₹1000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Bajaj Finserv Banking and PSU Fund Direct Growth?
Calculating...
What are the average 3-year returns for Bajaj Finserv Banking and PSU Fund Direct Growth?
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What is the expense ratio of Bajaj Finserv Banking and PSU Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bajaj Finserv Banking and PSU Fund Direct Growth is 0.34%. The average expense ratio for similar funds in the Debt is Calculating....