Bajaj Finserv Banking and PSU Fund

Q: What are the returns of this mutual fund scheme?

The Bajaj Finserv Banking and PSU Fund is a 2 yrs 3 m old fund and has delivered average annual returns of 7.19% since inception. Bajaj Finserv Banking and PSU Fund Returns 1-Year Since Inception 6.43% 7.19%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.6883+0.02% 1 day change	7.19% p.a.	App exclusive #NA View Ranked Funds	₹390 Cr

Historical NAV & returns

NAV: ₹11.6883 as on Feb 02, 2026

This fund Category average

Bajaj Finserv Banking and PSU Fund overview

AUM (Fund size)	₹390 Cr
Exit load	0%
Lock-in Period	Nil
Age	2 yrs 3 m since Oct 25, 2023
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.9% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-0.11%	0.0%
3 Months	0.21%	0.53%
6 Months	1.28%	1.68%
1 Year	6.43%	6.56%
2 Years	7.04%	7.17%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 62.47%

A1+ 22.51%

Cash & Call Money 11.51%

SOV 3.41%

Top Debt Holdings

Others 9.38%

REC Ltd. 6.7%

Indian Railway Finance Corporation Ltd. 6.7%

National Highways Authority of India Ltd. 6.57%

Allocation by Instruments

Non Convertible Debenture 28.68%

Debenture 28.550000000000004%

Certificate of Deposit 18.72%

CBLO 9.38%

Other Holdings

Others 2.13%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bajaj Finserv Banking and PSU Fund	-0.11%	1.28%	6.43%	N.A.	N.A.	N.A.
ICICI Prudential Banking & PSU Debt Fund	-0.02%	2.01%	6.86%	7.41%	6.27%	7.39%
ITI Banking & PSU Debt Fund	0.14%	1.8%	6.24%	6.75%	5.88%	2.95%
Axis Banking & PSU Debt Fund	-0.03%	1.74%	6.66%	6.96%	5.8%	7.11%
Bandhan Banking and PSU Fund	0.06%	1.71%	6.37%	6.94%	5.8%	7.05%
Sundaram Banking & PSU Fund	-0.05%	1.73%	6.68%	7.22%	5.6%	6.52%

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	0.93	1.08	1.17	1.58
ITI Banking & PSU Debt Fund	0.87	0.96	0.5	0.86
Axis Banking & PSU Debt Fund	1.08	1.31	0.62	0.93
Bandhan Banking and PSU Fund	1.0	1.23	0.62	0.99
Sundaram Banking & PSU Fund	1.17	1.43	0.78	1.29

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bajaj Finserv Banking and PSU Fund	N.A.	390 Cr	2 yrs 3 m	0.9%
ICICI Prudential Banking & PSU Debt Fund	N.A.	9,728 Cr	16 yrs 1 m	0.73%
ITI Banking & PSU Debt Fund	N.A.	37 Cr	5 yrs 3 m	0.7%
Axis Banking & PSU Debt Fund	N.A.	13,574 Cr	13 yrs 8 m	0.62%
Bandhan Banking and PSU Fund	N.A.	12,651 Cr	12 yrs 11 m	0.66%
Sundaram Banking & PSU Fund	N.A.	377 Cr	21 yrs 1 m	0.44%

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 is a Banking and PSU mutual fund scheme from Bajaj Finserv Mutual Fund. This fund has been in existence for 2 yrs 3 m, having been launched on 25/10/2023. Bajaj Finserv Banking and PSU Fund has ₹390 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bajaj Finserv Banking and PSU Fund as of 02/02/2026 is ₹11.69. The fund has an expense ratio of 0.9%, which is higher than what most other Banking And Psu funds charge.

Bajaj Finserv Banking and PSU Fund returns of last 1-year are 6.54%. Since launch, it has delivered 7.26% average annual returns.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. 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 REC Ltd., Indian Railway Finance Corporation Ltd., National Highways Authority of India Ltd., Food Corporation of India, Kotak Mahindra Prime Ltd..

...

Fund AUM	390 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

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	19 view all schemes
Total AUM	32,116 Cr as on Dec 31, 2025
Address	S. No - 239/2, 11th Floor, Office No. 1101 A and 1101 B, Sky One Corporate Park, Lohegaon, Pune, Maharashtra Pune , 411032

More funds from Bajaj Finserv Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Bajaj Finserv Money Market Fund	N.A.	4,196 Cr	6.61%	N.A.
Bajaj Finserv Liquid Fund	N.A.	5,581 Cr	6.22%	N.A.
Bajaj Finserv Overnight Fund	N.A.	965 Cr	5.67%	N.A.
Bajaj Finserv Gilt Fund	N.A.	21 Cr	1.89%	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 plan is approximately ₹11.6883 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Bajaj Finserv Banking and PSU Fund is a 2 yrs 3 m old fund and has delivered average annual returns of 7.19% since inception.

Bajaj Finserv Banking and PSU Fund Returns

1-Year	Since Inception
6.43%	7.19%

How much does this mutual fund charge as expense ratio?

The Bajaj Finserv Banking and PSU Fund has an expense ratio of 0.9%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 390 Cr as on Dec 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	9.38%
REC Ltd.	6.7%
Indian Railway Finance Corporation Ltd.	6.7%

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	62.47%
A1+	22.51%
Cash & Call Money	11.51%

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

Redeeming your investments in the Bajaj Finserv Banking and PSU Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.