Bajaj Finserv Banking and PSU Fund Direct Growth

Fund Overview

Fund Size

₹323 Cr

Expense Ratio

0.35%

ISIN

INF0QA701607

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

15 Nov 2023

About this fund

Bajaj Finserv Banking and PSU Fund Direct Growth is a Banking & PSU mutual fund schemes offered by Bajaj Finserv Mutual Fund. This fund has been in existence for 2 years, 5 months and 22 days, having been launched on 15-Nov-23.
As of 06-May-26, it has a Net Asset Value (NAV) of ₹11.95, Assets Under Management (AUM) of 322.54 Crores, and an expense ratio of 0.35%.

Bajaj Finserv Banking and PSU Fund Direct Growth has given a CAGR return of 7.40% since inception.
The fund's asset allocation comprises around 0.00% in equities, 92.43% in debts, and 7.32% in cash & cash equivalents.
You can start investing in Bajaj Finserv Banking and PSU Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+4.64%

+4.22% (Cat Avg.)

Since Inception

+7.40%

— (Cat Avg.)

Portfolio Summaryas of 15th April 2026

Debt	₹298.12 Cr	92.43%
Others	₹24.42 Cr	7.57%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹12.17 Cr	10.85%
Housing And Urban Development Corporation Limited	Bond - Corporate Bond	₹10.55 Cr	9.40%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹10.53 Cr	9.39%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹10.52 Cr	9.38%
National Housing Bank	Bond - Corporate Bond	₹10.29 Cr	9.17%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹10.25 Cr	9.14%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹5.88 Cr	5.24%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹5.44 Cr	4.85%
7.32% Govt Stock 2030	Bond - Gov't/Treasury	₹5.24 Cr	4.68%
HDFC Bank Limited	Bond - Corporate Bond	₹5.21 Cr	4.64%
Food Corporation Of India	Bond - Corporate Bond	₹5.14 Cr	4.58%
Power Finance Corporation Limited	Bond - Corporate Bond	₹5.13 Cr	4.57%
Export Import Bank Of India	Bond - Corporate Bond	₹5.07 Cr	4.52%
Power Finance Corporation Limited	Bond - Corporate Bond	₹5.06 Cr	4.51%
7.11% Maharashtra Sdl 2029	Bond - Gov't/Treasury	₹3.07 Cr	2.73%
Net Receivables / (Payables)	Cash	₹2.33 Cr	2.08%
Sbi - Corporate Debt Market Development Fund (Cdmdf) - Class A2	Mutual Fund - Unspecified	₹0.28 Cr	0.25%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹95.33 Cr	85.02%
Bond - Gov't/Treasury	₹8.31 Cr	7.41%
Cash - Repurchase Agreement	₹5.88 Cr	5.24%
Cash	₹2.33 Cr	2.08%
Mutual Fund - Unspecified	₹0.28 Cr	0.25%
Cash - CD/Time Deposit	₹0 Cr	-
Bond - Gov't Agency Debt	₹0 Cr	-

Risk & Performance Ratios

Fund Managers

Nimesh Chandan

Since November 2023

Siddharth Chaudhary

Since November 2023

Additional Scheme Detailsas of 15th April 2026

ISIN

INF0QA701607

Expense Ratio

0.35%

Exit Load

No Charges

Fund Size

₹323 Cr

Age

2 years 5 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Banking & PSU Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv Banking and PSU Fund Regular Growth Moderate Risk	0.9%	0.0%	₹322.54 Cr	4.1%
Bajaj Finserv Banking and PSU Fund Direct Growth Moderate Risk	0.3%	0.0%	₹322.54 Cr	4.6%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹3971.89 Cr	5.1%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1842.77 Cr	5.0%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12598.09 Cr	5.1%
Invesco India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹96.51 Cr	4.1%
DSP Banking & PSU Debt Fund Regular Growth Low Risk	0.6%	0.0%	₹3451.38 Cr	3.4%
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹3451.38 Cr	3.6%
Edelweiss Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹465.97 Cr	4.3%
Edelweiss Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹465.97 Cr	4.0%
Kotak Banking & PSU Debt Direct Growth Low to Moderate Risk	0.4%	0.0%	₹5172.76 Cr	5.2%
Nippon India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5181.37 Cr	4.6%
Nippon India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.8%	0.0%	₹5181.37 Cr	4.2%
TrustMF Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹130.72 Cr	6.7%
TrustMF Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹130.72 Cr	7.3%
UTI Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1116.17 Cr	5.8%
UTI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1116.17 Cr	6.1%
ICICI Prudential Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9109.42 Cr	5.4%
HDFC Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹5370.00 Cr	4.4%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5370.00 Cr	4.8%
Axis Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹12598.09 Cr	4.8%
LIC MF Banking & PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹1842.77 Cr	4.5%
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹26.92 Cr	8.2%
Baroda BNP Paribas Banking and PSU Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹26.92 Cr	7.8%
ITI Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹37.74 Cr	4.8%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹37.74 Cr	5.4%
Aditya BSL Banking & PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹8807.05 Cr	4.7%
Invesco India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹96.51 Cr	4.5%
Sundaram Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹272.43 Cr	4.9%
SBI Banking and PSU Fund Regular Growth Moderate Risk	0.7%	0.0%	₹3813.28 Cr	4.5%
SBI Banking and PSU Fund Direct Growth Moderate Risk	0.4%	0.0%	₹3813.28 Cr	4.9%
HSBC Banking & PSU Debt Regular Growth Moderate Risk	0.6%	0.0%	₹3971.89 Cr	4.8%
Kotak Banking & PSU Debt Regular Growth Low to Moderate Risk	0.8%	0.0%	₹5172.76 Cr	4.8%
Mirae Asset Banking and PSU Debt Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹43.06 Cr	3.8%
Mirae Asset Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹43.06 Cr	4.2%
Aditya BSL Banking & PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹8807.05 Cr	4.3%
Sundaram Banking & PSU Debt Fund Regular Growth Moderate Risk	0.4%	0.0%	₹272.43 Cr	4.7%
ICICI Prudential Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹9109.42 Cr	5.0%
Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹207.53 Cr	6.5%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Canara Robeco Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹185.88 Cr	4.4%
Canara Robeco Banking and PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹185.88 Cr	4.0%
PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk	0.4%	0.0%	₹45.38 Cr	6.6%
PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk	0.2%	0.0%	₹45.38 Cr	6.8%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹473.03 Cr	6.3%
Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹473.03 Cr	6.0%
Bandhan Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹12289.21 Cr	4.9%
Bandhan Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹12289.21 Cr	5.2%

About the AMC

Bajaj Finserv Mutual Fund

1800-309-3900

https://www.bajajamc.com/

Total AUM

₹27,354 Cr

Address

8th floor, E-Core,Solitaire Business Hub (formerly Marvel Edge), Viman Nagar 411014

Other Funds by Bajaj Finserv Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹634.88 Cr	-
Bajaj Finserv Banking and Financial Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹372.41 Cr	-
Bajaj Finserv Equity Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹31.29 Cr	-
Bajaj Finserv Small Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹1530.09 Cr	-
Bajaj Finserv Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹35.37 Cr	-
Bajaj Finserv Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹25.01 Cr	-
Bajaj Finserv Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1076.84 Cr	10.7%
Bajaj Finserv Gilt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹33.15 Cr	0.1%
Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk	0.7%	0.0%	₹71.23 Cr	8.9%
Bajaj Finserv Healthcare Fund Direct Growth Very High Risk	0.7%	1.0%	₹300.45 Cr	12.6%
Bajaj Finserv Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹547.58 Cr	-1.4%
Bajaj Finserv Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1362.72 Cr	6.1%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	1.0%	₹1676.25 Cr	16.5%
Bajaj Finserv Large and Mid Cap Fund Direct Growth Low Risk	0.6%	1.0%	₹2081.69 Cr	6.5%
Bajaj Finserv Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹1129.50 Cr	5.6%
Bajaj Finserv Banking and PSU Fund Direct Growth Moderate Risk	0.3%	0.0%	₹322.54 Cr	4.6%
Bajaj Finserv Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹1032.31 Cr	6.2%
Bajaj Finserv Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹358.23 Cr	5.4%
Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3178.50 Cr	6.3%
Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3691.34 Cr	6.5%
Bajaj Finserv Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹6021.23 Cr	12.4%

Risk Level

Your principal amount will be at Moderate Risk

Take control of your wealth

Track and Analyse all your investments with Dezerv

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Bajaj Finserv Banking and PSU Fund Direct Growth?

The NAV of Bajaj Finserv Banking and PSU Fund Direct Growth, as of 06-May-2026, is ₹11.95.

What is the portfolio composition of Bajaj Finserv Banking and PSU Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 92.43% in bonds, and 7.32% in cash and cash equivalents.

Who manages the Bajaj Finserv Banking and PSU Fund Direct Growth?

The fund managers responsible for Bajaj Finserv Banking and PSU Fund Direct Growth are:-

Nimesh Chandan
Siddharth Chaudhary

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

©2021-2026 Dezerv. All Rights Reserved

Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.

Bajaj Finserv Banking and PSU Fund Direct Growth

Fund Overview