Dezerv

Fund Overview

Fund Size

Fund Size

₹162 Cr

Expense Ratio

Expense Ratio

0.12%

ISIN

ISIN

INF0QA701714

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

19 Jan 2024

About this fund

Bajaj Finserv Nifty Bank ETF is a Sector - Financial Services mutual fund schemes offered by Bajaj Finserv Mutual Fund. This fund has been in existence for 5 months and 3 days, having been launched on 19-Jan-24.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹51.84, Assets Under Management (AUM) of 162.45 Crores, and an expense ratio of 0.12%.
  • Bajaj Finserv Nifty Bank ETF has given a CAGR return of 15.20% since inception.
  • The fund's asset allocation comprises around 99.49% in equities, 0.00% in debts, and 0.51% in cash & cash equivalents.

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

+15.20%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity161.61 Cr99.49%
Others0.84 Cr0.51%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity47.54 Cr29.27%
ICICI Bank LtdEquity37.71 Cr23.21%
Axis Bank LtdEquity15.81 Cr9.73%
State Bank of IndiaEquity15.63 Cr9.62%
Kotak Mahindra Bank LtdEquity13.29 Cr8.18%
IndusInd Bank LtdEquity10.1 Cr6.22%
Bank of BarodaEquity5.15 Cr3.17%
Punjab National BankEquity4.02 Cr2.47%
AU Small Finance Bank LtdEquity3.8 Cr2.34%
The Federal Bank LtdEquity3.79 Cr2.33%
IDFC First Bank LtdEquity3.16 Cr1.94%
Bandhan Bank LtdEquity1.62 Cr0.99%
Net Receivables / (Payables)Cash0.84 Cr0.51%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services161.61 Cr99.49%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

Sorbh Gupta

Sorbh Gupta

Since January 2024

IS

Ilesh Savla

Since January 2024

Additional Scheme Detailsas of 31st May 2024

ISININF0QA701714Expense Ratio0.12%Exit Load-Fund Size₹162 CrAge19 Jan 2024Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty Bank 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 within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

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 Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹8.96 Cr15.7%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2734.96 Cr80.3%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1580.70 Cr80.3%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2364.43 Cr18.5%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹234.09 Cr18.5%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.9%1.0%₹7107.43 Cr21.4%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1056.18 Cr26.4%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5462.71 Cr27.1%

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 Very High Risk

Very High Risk
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The NAV of Bajaj Finserv Nifty Bank ETF, as of 21-Jun-2024, is ₹51.84.
The fund's allocation of assets is distributed as 99.49% in equities, 0.00% in bonds, and 0.51% in cash and cash equivalents.
The fund managers responsible for Bajaj Finserv Nifty Bank ETF are:-
  1. Sorbh Gupta
  2. Ilesh Savla