Dezerv

Fund Overview

Fund Size

Fund Size

₹2,117 Cr

Expense Ratio

Expense Ratio

0.22%

ISIN

ISIN

INF0QA701334

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

24 Jul 2023

About this fund

Bajaj Finserv Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Bajaj Finserv Mutual Fund. This fund has been in existence for 10 months and 19 days, having been launched on 24-Jul-23.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹1070.17, Assets Under Management (AUM) of 2116.70 Crores, and an expense ratio of 0.22%.
  • Bajaj Finserv Money Market Fund Direct Growth has given a CAGR return of 7.02% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 32.04% in debts, and 67.77% in cash & cash equivalents.
  • You can start investing in Bajaj Finserv Money Market 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.

Since Inception

+7.02%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt678.25 Cr32.04%
Others1,438.45 Cr67.96%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit94.96 Cr4.43%
Axis Bank LimitedCash - CD/Time Deposit71.41 Cr3.33%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit71.35 Cr3.33%
HDFC Bank Ltd.Bond - Corporate Bond71.11 Cr3.32%
Indian BankBond - Gov't Agency Debt70.85 Cr3.30%
Canara BankBond - Gov't Agency Debt70.76 Cr3.30%
India (Republic of)Bond - Short-term Government Bills58.78 Cr2.74%
Clearing Corporation Of India LtdCash - Repurchase Agreement50.82 Cr2.37%
05.80 MH Sdl 2025Bond - Gov't/Treasury49.57 Cr2.31%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper49.12 Cr2.29%
NTPC Ltd.Cash - Commercial Paper48.92 Cr2.28%
Kotak Securities LtdCash - Commercial Paper48.77 Cr2.27%
Bank Of BarodaCash - CD/Time Deposit48.53 Cr2.26%
364 DTB 14112024Bond - Gov't/Treasury48.45 Cr2.26%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit47.74 Cr2.23%
ICICI Bank Ltd.Bond - Corporate Bond47.62 Cr2.22%
Punjab National BankCash - CD/Time Deposit47.54 Cr2.22%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit47.53 Cr2.22%
Bank Of BarodaCash - CD/Time Deposit47.43 Cr2.21%
HDFC Bank LimitedCash - CD/Time Deposit47.33 Cr2.21%
Small Industries Development Bank of IndiaCash - Commercial Paper47.32 Cr2.21%
HDFC Bank LimitedCash - CD/Time Deposit47.28 Cr2.20%
Punjab National BankCash - CD/Time Deposit47.25 Cr2.20%
Union Bank of IndiaBond - Gov't Agency Debt47.1 Cr2.20%
Aditya Birla Finance LimitedCash - Commercial Paper47.09 Cr2.20%
Icici Securities LimitedCash - Commercial Paper47.08 Cr2.19%
Sundaram Home Finance LimitedCash - Commercial Paper46.38 Cr2.16%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit42.4 Cr1.98%
08.04 MH Sdl 2025Bond - Gov't/Treasury25.15 Cr1.17%
08.06 KA Sdl 2025febBond - Gov't/Treasury25.14 Cr1.17%
05.77 GJ Sdl 2025Bond - Gov't/Treasury24.8 Cr1.16%
364 DTB 02052024Bond - Gov't/Treasury24.62 Cr1.15%
ICICI Securities Primary Dealership LimitedCash - Commercial Paper24.61 Cr1.15%
National Housing BankCash - Commercial Paper24.58 Cr1.15%
ICICI Bank LimitedCash - CD/Time Deposit24.48 Cr1.14%
HDFC Bank LimitedCash - CD/Time Deposit23.78 Cr1.11%
Cholamandalam Investment & Finance Co Ltd.Bond - Corporate Bond23.78 Cr1.11%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit23.77 Cr1.11%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit23.75 Cr1.11%
Axis Bank Ltd.Bond - Corporate Bond23.7 Cr1.10%
ICICI Bank Ltd.Bond - Corporate Bond23.69 Cr1.10%
Axis Bank Ltd.Bond - Corporate Bond23.67 Cr1.10%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit23.64 Cr1.10%
Birla Group Holdings Private LimitedCash - Commercial Paper23.64 Cr1.10%
Bank Of BarodaCash - CD/Time Deposit23.63 Cr1.10%
Canara BankBond - Gov't Agency Debt23.63 Cr1.10%
HDB Financial ServicesCash - Commercial Paper23.61 Cr1.10%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper23.61 Cr1.10%
Birla Group Holdings Private LimitedCash - Commercial Paper23.59 Cr1.10%
Muthoot Finance Ltd.Cash - Commercial Paper23.56 Cr1.10%
Icici Securities LimitedCash - Commercial Paper23.52 Cr1.10%
Standard Chartered Capital LimitedCash - Commercial Paper23.52 Cr1.10%
ICICI Securities LimitedCash - Commercial Paper23.48 Cr1.09%
08.08 Ts SDL 2025Bond - Gov't/Treasury15.09 Cr0.70%
364 DTB 18042025Bond - Gov't/Treasury9.42 Cr0.44%
08.08 KA Sdl 2025Bond - Gov't/Treasury5.03 Cr0.23%
Corporate Debt Market Development Fund #Mutual Fund - Open End3.98 Cr0.19%
Net Receivables / (Payables)Cash2.02 Cr0.09%
182 DTB 11072024Bond - Gov't/Treasury0.11 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit803.79 Cr37.47%
Cash - Commercial Paper572.41 Cr26.68%
Bond - Gov't/Treasury227.39 Cr10.60%
Bond - Corporate Bond213.57 Cr9.96%
Bond - Gov't Agency Debt212.34 Cr9.90%
Bond - Short-term Government Bills58.78 Cr2.74%
Cash - Repurchase Agreement50.82 Cr2.37%
Mutual Fund - Open End3.98 Cr0.19%
Cash2.02 Cr0.09%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

0.71%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.31

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.09

Higher the better

Fund Managers

Nimesh Chandan

Nimesh Chandan

Since July 2023

Siddharth Chaudhary

Siddharth Chaudhary

Since July 2023

Additional Scheme Detailsas of 31st May 2024

ISININF0QA701334Expense Ratio0.22%Exit LoadNo ChargesFund Size₹2,117 CrAge24 Jul 2023Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Money Market Index PR 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 Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹461.79 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹181.37 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹181.37 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹96.02 Cr7.2%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹96.02 Cr7.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.44 Cr6.9%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹20.44 Cr6.5%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹18756.93 Cr7.5%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1511.50 Cr7.4%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹22479.76 Cr7.5%

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%₹1080.89 Cr-
Bajaj Finserv Banking and PSU Fund Direct Growth

Moderate Risk

0.3%0.0%₹110.71 Cr-
Bajaj Finserv Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹521.36 Cr-
Bajaj Finserv Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹180.29 Cr-
Bajaj Finserv Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2400.68 Cr-
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2116.70 Cr-
Bajaj Finserv Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹2614.35 Cr-

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of Bajaj Finserv Money Market Fund Direct Growth, as of 11-Jun-2024, is ₹1070.17.
The fund's allocation of assets is distributed as 0.00% in equities, 32.04% in bonds, and 67.77% in cash and cash equivalents.
The fund managers responsible for Bajaj Finserv Money Market Fund Direct Growth are:-
  1. Nimesh Chandan
  2. Siddharth Chaudhary