Bajaj Finserv Banking and PSU Fund

NAV : 10.441 as of 12 June, 2024

Overview

₹ 97.14 Cr

Fund size

₹ 1000

Min SIP

₹ 1000

Lumpsum

25 October 2023

Launch date

Growth

Fund plan

Regular

Scheme type

Top Holdings

Name
Weight(%)
Debenture
62.08%
Non Convertible Debenture
10.40%
GOI Securities
10.09%
Bonds
5.38%
CBLO
4.96%
Name
Weight(%)
CASH
2.91%

Other Scheme Info

Expense Ratio

Inclusive of GST

0.89%

Stamp Duty

0.005%

Exit Load

0

View Scheme Document
Peer Analysis
Company
1Y
3Y
5Y
6.91%
5.38%
-
7.33%
5.82%
6.78%
6.83%
5.17%
6.65%
6.51%
5.12%
6.75%
6.80%
5.30%
6.71%
View more

Fund Managers

Scheme
Annualised Returns (3Y)
Category Returns (3Y)
-
18.19%
-
5.55%
-
5.39%
-
5.63%
-
5.07%
Scheme
Annualised Returns (3Y)
Category Returns (3Y)
-
18.19%
-
5.55%
-
5.39%
-
5.63%
-
5.48%
-
5.07%

Fund House

logo

Bajaj Finserv Mutual Fund

Total AUM: 10339.92Cr

Bajaj Finserv Asset Management Limited, a wholly-owned subsidiary of Bajaj Finserv Limited, provides a diverse range of innovative products and investment schemes across fixed income, equity, and hybrid categories, allowing investors to effectively diversify their portfolios. As of December 2023, the AMC manages assets valued at Rs. 6217 crores....View Bajaj Finserv Banking and PSU Fund AMC

Kotak Securities Limited: AMFI-registered Mutual Fund Distributor

Still have questions?

NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.

The Net Asset Value of Bajaj Finserv Banking and PSU Fund is ₹10.44

AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.

The AUM of Bajaj Finserv Banking and PSU Fund is ₹97.14 Cr.

Every mutual fund scheme has a minimum SIP amount, which one may start with.

The minimum SIP amount of Bajaj Finserv Banking and PSU Fund is ₹1000

As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.

The Expense Ratio of Bajaj Finserv Banking and PSU Fund is 0.89%

It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.

Start SIP with just Rs.100
or Resume your Application
+91 -

personImage