Bajaj Finserv Banking and PSU Fund Direct-Growth

Q: What are the returns of Bajaj Finserv Banking and PSU Fund?

The Bajaj Finserv Banking and PSU Fund is a 1 yrs 7 m old fund and has delivered average annual returns of 9.69% since inception. Bajaj Finserv Banking and PSU Fund Returns 1-Year Since Inception 10.74% 9.69%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.5779-0.01% 1 day change	9.69% p.a.	#NA View Ranked Funds	₹99 Crs

Historical NAV & returns

NAV: ₹11.5779 as on Jun 05, 2025

This fund Category average

Bajaj Finserv Banking and PSU Fund overview

Expense ratio	0.34% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹99 Crs
Lock-in	No Lockin
Age	1 yrs 7 m since Oct 25, 2023
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP ₹1000 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bajaj Finserv Banking and PSU Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	1.36%	1.12%
3 Months	4.36%	3.91%
6 Months	5.79%	5.41%
1 Year	10.74%	10.04%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 78.24%

SOV 13.45%

Cash & Call Money 8.04%

Others 0.27%

Top Debt Holdings

Others 10.75%

Indian Railway Finance Corporation Ltd. 10.58%

Housing & Urban Development Corporation Ltd. 10.55%

REC Ltd. 10.55%

Allocation by Instruments

Debenture 62.190000000000005%

CBLO 10.75%

Non Convertible Debenture 10.58%

GOI Securities 10.4%

Other Holdings

Others 0.27%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Bajaj Finserv Banking and PSU Fund	N.A.	₹99 Crs	1 yrs 7 m	0.34%
ICICI Prudential Banking & PSU Debt Fund	N.A.	₹10,447 Crs	12 yrs 5 m	0.39%
Axis Banking & PSU Debt Fund	N.A.	₹13,313 Crs	12 yrs 5 m	0.35%
LIC MF Banking & PSU Fund	N.A.	₹1,702 Crs	12 yrs 5 m	0.28%
Bandhan Banking & PSU Debt Fund	N.A.	₹13,369 Crs	12 yrs 3 m	0.33%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	₹8,826 Crs	12 yrs 5 m	0.39%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bajaj Finserv Banking and PSU Fund	1.36%	5.79%	10.74%	N.A.	N.A.	N.A.
ICICI Prudential Banking & PSU Debt Fund	0.97%	5.2%	9.62%	8.29%	7.13%	8.06%
Axis Banking & PSU Debt Fund	1.06%	5.29%	9.74%	7.57%	6.52%	7.65%
LIC MF Banking & PSU Fund	1.21%	5.73%	10.51%	7.96%	6.43%	7.45%
Bandhan Banking & PSU Debt Fund	0.96%	5.08%	9.46%	7.65%	6.58%	7.6%
Aditya Birla Sun Life Banking & PSU Debt Fund	1.2%	5.53%	10.25%	8.1%	6.95%	8.08%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bajaj Finserv Banking and PSU Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Banking & PSU Debt Fund	0.81	1.4	2.05	3.97
Axis Banking & PSU Debt Fund	0.99	2.27	1.01	1.76
LIC MF Banking & PSU Fund	1.2	2.74	1.15	2.37
Bandhan Banking & PSU Debt Fund	0.86	2.08	1.24	2.65
Aditya Birla Sun Life Banking & PSU Debt Fund	1.02	2.25	1.42	2.85

View all Banking And Psu funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Bajaj Finserv Banking and PSU Fund in detail with

About this fund

About Bajaj Finserv Banking and PSU Fund

Bajaj Finserv Banking and PSU Fund Direct-Growth is a Banking and PSU mutual fund scheme from Bajaj Finserv Mutual Fund. This fund has been in existence for 1 yrs 7 m, having been launched on 25/10/2023. Bajaj Finserv Banking and PSU Fund Direct-Growth has ₹99 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bajaj Finserv Banking and PSU Fund Direct-Growth as of 05/06/2025 is ₹11.58. The fund has an expense ratio of 0.34%, which is close to what most other Banking And Psu funds charge.

Bajaj Finserv Banking and PSU Fund Direct-Growth returns of last 1-year are 10.85%. Since launch, it has delivered 9.84% average annual returns.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Indian Railway Finance Corporation Ltd., Housing & Urban Development Corporation Ltd., REC Ltd., GOI, National Housing Bank.

...

Fund AUM

₹99 Crs as on Mar 31, 2025

Fund managers

Nimesh Chandan

Mr. Chandan is an MBA in Finance. He has good years of experience in capital markets. Prior to joining Bajaj Finserv Mutual Fund, he had been with Canara Robeco MF, ICICI Prudential MF, SBI MF and Aditya Birla Sun Life AMC as fund manager and has also worked with Stratcap Securities and Darashaw and Company.

Siddharth Chaudhary

Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets). Prior to joining Bajaj Finserv Mutual Fund, he has worked with Sundaram Mutual Fund and Indian Bank.

Investment objective

The scheme seeks to generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and / or any security unconditionally guaranteed by the Govt. of India.

Bajaj Finserv Mutual Fund details

No. of schemes	13 view all schemes
Total AUM	₹20,133 Crs as on Mar 31, 2025
Address	8th floor, E-Core, Solitaire Business Hub (formerly Marvel Edge), Viman Nagar Pune , 411014
Phone	1800-309-3900

More funds from Bajaj Finserv Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Bajaj Finserv Money Market Fund	N.A.	₹2,655 Crs	8.31%	N.A.
Bajaj Finserv Liquid Fund	N.A.	₹2,971 Crs	7.3%	N.A.
Bajaj Finserv Overnight Fund	N.A.	₹459 Crs	6.49%	N.A.
Bajaj Finserv Gilt Fund	N.A.	₹46 Crs	N.A.	N.A.

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Bajaj Finserv Banking and PSU Fund - Direct Growth plan is approximately ₹11.5779 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Bajaj Finserv Banking and PSU Fund is a 1 yrs 7 m old fund and has delivered average annual returns of 9.69% since inception.

Bajaj Finserv Banking and PSU Fund Returns

1-Year	Since Inception
10.74%	9.69%

How much does this mutual fund charge as expense ratio?

The Bajaj Finserv Banking and PSU Fund - Direct Growth has an expense ratio of 0.34%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Bajaj Finserv Banking and PSU Fund currently has assets under management (AUM) or fund size valued at approximately ₹99 Crs crore as of Mar 31, 2025.

To whom does Bajaj Finserv Banking and PSU Fund lend to?

The top 3 debt holdings of Bajaj Finserv Banking and PSU Fund are as follows

Holding Name	Percentage of Portfolio
Others	10.75%
Indian Railway Finance Corporation Ltd.	10.58%
Housing & Urban Development Corporation Ltd.	10.55%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bajaj Finserv Banking and PSU Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	78.24%
SOV	13.45%
Cash & Call Money	8.04%

What is risk level of Bajaj Finserv Banking and PSU Fund?

This is a Banking And Psu fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Bajaj Finserv Banking and PSU Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bajaj Finserv Banking and PSU Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bajaj Finserv Banking and PSU Fund is complete.

How can I redeem my investments in Bajaj Finserv Banking and PSU Fund?

Redeeming your investments in Bajaj Finserv Banking and PSU Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bajaj Finserv Banking and PSU Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Banking and PSU

#NA

Return Outperformance: This fund has generated highest return amongst Banking and PSU funds in the last 1 Year.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.