Dezerv

Fund Overview

Fund Size

Fund Size

₹97 Cr

Expense Ratio

Expense Ratio

0.89%

ISIN

ISIN

INF0QA701557

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

15 Nov 2023

About this fund

Bajaj Finserv Banking and PSU Fund Regular Growth is a Banking & PSU mutual fund schemes offered by Bajaj Finserv Mutual Fund. This fund has been in existence for 7 months and 7 days, having been launched on 15-Nov-23.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹10.46, Assets Under Management (AUM) of 97.14 Crores, and an expense ratio of 0.89%.
  • Bajaj Finserv Banking and PSU Fund Regular Growth has given a CAGR return of 4.42% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 94.72% in debts, and 5.04% in cash & cash equivalents.
  • You can start investing in Bajaj Finserv Banking and PSU Fund Regular 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.

Since Inception

+4.42%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt92.01 Cr94.72%
Others5.13 Cr5.28%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Indian Railway Finance Corporation LimitedBond - Corporate Bond10.41 Cr10.72%
Rural Electrification Corporation LimitedBond - Corporate Bond10.41 Cr10.72%
7.37% Govt Stock 2028Bond - Gov't/Treasury10.12 Cr10.42%
Small Industries Development Bank Of IndiaBond - Corporate Bond10.05 Cr10.35%
National Housing BankBond - Corporate Bond10.05 Cr10.34%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond9.98 Cr10.27%
Food Corporation Of IndiaBond - Corporate Bond6.38 Cr6.57%
Power Grid Corporation Of India LimitedBond - Corporate Bond5.37 Cr5.53%
National Highways Authority Of IndiaBond - Corporate Bond5.18 Cr5.33%
Power Finance Corporation LimitedBond - Corporate Bond5.07 Cr5.21%
Power Finance Corporation Ltd.Bond - Corporate Bond5.03 Cr5.18%
07.11 MH Sdl 2029Bond - Gov't/Treasury3.96 Cr4.08%
Clearing Corporation Of India LtdCash - Repurchase Agreement2.53 Cr2.60%
Net Receivables / (Payables)Cash2.37 Cr2.44%
Corporate Debt Market Development Fund #Mutual Fund - Open End0.24 Cr0.24%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond77.93 Cr80.22%
Bond - Gov't/Treasury14.08 Cr14.49%
Cash - Repurchase Agreement2.53 Cr2.60%
Cash2.37 Cr2.44%
Mutual Fund - Open End0.24 Cr0.24%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

1.50%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.64

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.55

Higher the better

Fund Managers

Nimesh Chandan

Nimesh Chandan

Since November 2023

Siddharth Chaudhary

Siddharth Chaudhary

Since November 2023

Additional Scheme Detailsas of 31st May 2024

ISININF0QA701557Expense Ratio0.89%Exit LoadNo ChargesFund Size₹97 CrAge15 Nov 2023Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Banking & PSU Debt TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Bandhan Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹14279.57 Cr6.9%
Bandhan Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.6%0.0%₹14279.57 Cr6.6%
Franklin India Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.5%0.0%₹620.01 Cr6.8%
Franklin India Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.2%0.0%₹620.01 Cr7.1%
PGIM India Banking and PSU Debt fund Direct Growth

Moderate Risk

0.2%0.0%₹45.38 Cr6.8%
PGIM India Banking and PSU Debt fund Regular Growth

Moderate Risk

0.4%0.0%₹45.38 Cr6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹380.18 Cr6.6%
Canara Robeco Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹380.18 Cr6.9%
Tata Banking & PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹207.53 Cr7.0%
Tata Banking & PSU Debt Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹207.53 Cr6.5%

About the AMC

Total AUM

₹9,239 Cr

Address

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

Other Funds by Bajaj Finserv Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹1115.06 Cr-
Bajaj Finserv Banking and PSU Fund Direct Growth

Moderate Risk

0.3%0.0%₹97.14 Cr-
Bajaj Finserv Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹550.83 Cr-
Bajaj Finserv Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹426.53 Cr-
Bajaj Finserv Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2594.90 Cr-
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2145.10 Cr-
Bajaj Finserv Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹2756.67 Cr-

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Bajaj Finserv Banking and PSU Fund Regular Growth, as of 21-Jun-2024, is ₹10.46.
The fund's allocation of assets is distributed as 0.00% in equities, 94.72% in bonds, and 5.04% in cash and cash equivalents.
The fund managers responsible for Bajaj Finserv Banking and PSU Fund Regular Growth are:-
  1. Nimesh Chandan
  2. Siddharth Chaudhary