Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M)
Banking and PSU FundNAV
10.90(-0.00%)Fund Size (CR)
₹121.89Expense Ratio
0.89Scheme Type
Active FundValue Research
Min. investment
₹1,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹1Exit Load
0%Return Since Launch
7.88%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Siddharth Chaudhary
Bench Mark
Nifty Banking & PSU Debt Index A-II
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 23 December 2024 | 10004.13 | 0.04% | - | 0.12% | 139/166 |
| 1 Month | 29 November 2024 | 10039.34 | 0.39% | - | 0.46% | 134/166 |
| 3 Month | 30 September 2024 | 10128.74 | 1.29% | - | 1.42% | 131/166 |
| 6 Month | 28 June 2024 | 10401.69 | 4.02% | - | 3.91% | 63/166 |
| 1 Year | 29 December 2023 | 10773.57 | 7.74% | 7.74% | 7.84% | 111/166 |
| 3 Year | - | - | 0% | - | 6.08% | -/- |
| 5 Year | - | - | 0% | - | 6.37% | -/- |
| Since Inception | 13 November 2023 | 10896.50 | 8.96% | 7.88% | 7.00% | 33/166 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 January 2024 | 1,30,000 | 134829.62 | 3.72% | 3.72% |
| 3 Year | - | - | - | - | - |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.25%
Standard Deviation
0.02%
Beta
1.20%
Sharpe Ratio
1.90%
Treynor's Ratio
0.83%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| I R F C | 10.34% | 100 | 10.46 | Corporate Debts | Debt Others |
| H U D C O | 10.32% | 100 | 10.43 | Corporate Debts | Debt Others |
| REC Ltd | 10.31% | 100 | 10.43 | Corporate Debts | Debt Others |
| Natl. Hous. Bank | 10.07% | 1000 | 10.18 | Corporate Debts | Debt Others |
| N A B A R D | 9.93% | 1000 | 10.04 | Corporate Debts | Debt Others |
| Power Grid Corpn | 5.35% | 50 | 5.41 | Corporate Debts | Debt Others |
| HDFC Bank | 5.10% | 50 | 5.16 | Corporate Debts | Debt Others |
| Power Fin.Corpn. | 5.03% | 50 | 5.09 | Corporate Debts | Debt Others |
| Food Corp of Ind | 5.01% | 50 | 5.07 | Corporate Debts | Debt Others |
| S I D B I | 5.00% | 500 | 5.06 | Corporate Debts | Debt Others |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI | 190.34 | 0.61% | 2.02% | 5.16% | 10.30% | 8.28% | |
| DSP Banking & Psu Debt Fund - Direct (IDCW-D) | 3075.62 | 0.57% | 1.19% | 4.22% | 8.95% | 6.39% | |
| DSP Banking & Psu Debt Fund - Direct (G) | 3075.62 | 0.57% | 1.22% | 4.27% | 8.89% | 6.42% | |
| DSP Banking & Psu Debt Fund - Direct (IDCW-Q) | 3075.62 | 0.57% | 1.22% | 4.27% | 8.84% | 6.40% | |
| Edelweiss Banking & Psu Debt Fund-Dir (IDCW-F) | 270.97 | 0.35% | 0.89% | 3.69% | 8.77% | 5.56% |
News
Bajaj MF announces change in Fund Manager of the following schemes
Bajaj Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 16 December 2024Change in Fund Managers of the Scheme:
Scheme Name Existing Fund Manager(s) New Fund Manager(s) Bajaj Finserv Nifty 50 ETF Mr. Sorbh Gupta
Mr. Ilesh SavlaMr. Ilesh Savla
Mr. Haresh MehtaBajaj Finserv Nifty Bank ETF Mr. Sorbh Gupta
Mr. Ilesh SavlaMr. Ilesh Savla
Mr. Haresh MehtaPowered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
25 October 2023
Total AUM (Cr)
₹101.10
Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) is an Banking and PSU Fund-oriented fund from the renowned AMC, Bajaj Finserv Mutual Fund. Launched in 25 October 2023, this fund is managed by Siddharth Chaudhary. With assets under management (AUM) worth ₹101.1 (Cr), as of 1 January 2025, Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 7.88% since its launch.
The current NAV of Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) is ₹10.9, as on 1 January 2025. The fund's benchmark index is Nifty Banking & PSU Debt Index A-II. You can invest in Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹1,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.00% in Debt and 3.00% in cash and cash equivalents.
FAQs
How to Invest in Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) Direct Growth?
Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 7.88% since inception. Looking to invest in Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) How about earning 1% extra return? All this is possible with m.Stock! Investing in Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) today and reap the benefits of this Banking and PSU Fund fund!
How much returns has Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) Direct Growth generated?
What is the expense ratio of Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) Direct Growth?
What is the AUM of Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) Fund Direct Growth?
How to redeem or withdraw money from Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) Direct Growth?
Redeeming or selling units of Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Bajaj Finserv Banking and PSU Fund - Reg (IDCW-M)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).