e.g. Tata motors, Reliance MF, 500570

Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment

Debt Income Moderate

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹369.8 Crores

1Y Returns

No Data Available%

 
Earn 1% Higher Returns in Direct Funds on dhan Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

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. There is no assurance that or guarantee that the investment objective of the scheme will be achieved.

AMC

Bajaj Asset Management Limited

Fund Details

Launch Date

October 25, 2023

Fund Manager

Mr. Siddharth Chaudhary

Initial Price

10

AUM Fund

369.8 Cr

Min investment

Rs 1000

Expense Ratio

0.89%

SIP Minimum Investment

Daily - Rs. 1,000/- (plus in multiple of Re. 1/-) Minimum installments 6.Weekly - Rs. 1,000/- (plus in multiple of Re. 1/-) Minimum installments 6.Fortnightly - Rs. 1,000/- (plus in multiple of Re. 1/-) Minimum installments 6.Monthly - Rs. 1,000/- (plus in multiple of Re. 1/-) Minimum installment: 6.Quarterly - Rs. 1,000/- (plus in multiple of Re. 1/-) Minimum installments 6.

Exit Load

Nil

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
13.28% 0.00% ₹1780.07
10.44% 135.01% ₹235.28
9.63% 15.58% ₹302.16
9.60% 0.00% ₹5246.16
9.11% 26.73% ₹637.66

Holdings

Clearing Corporation of India Ltd 11.66%
8.54% REC Limited (15/11/2028) 6.95%
7.7% National Highways Authority Of India (13/09/2029) 6.87%
8.12% L&T Finance Limited (29/06/2029) 6.80%
7.42% Power Finance Corporation Limited (15/04/2028) 6.77%
7.44% National Bank For Agriculture and Rural Development (17/07/2029) 6.77%
7.23% Housing & Urban Development Corporation Limited (18/07/2029) 6.74%
7.299% Kotak Mahindra Prime Limited (22/09/2028) 6.70%
6.66% Small Industries Dev Bank of India (25/10/2028) 6.66%
Bank of Baroda (12/02/2027) 6.52%
8.41% Housing & Urban Development Corporation Limited (15/03/2029) 2.78%
7.85% Tata Capital Housing Finance Limited (14/05/2029) 2.71%
7.12% Export Import Bank of India (27/06/2030) 2.70%
6.84% NTPC Limited (09/05/2035) 2.63%
Net Receivables / (Payables) 2.06%
9.3% Power Grid Corporation of India Limited (04/09/2029) 1.43%
7.62% National Bank For Agriculture and Rural Development (31/01/2028) 1.35%
Axis Bank Limited (11/08/2026) 1.35%
6.85% National Bank For Agriculture and Rural Development (19/01/2029) 1.33%
6.67% National Bank For Financing Infrastructure And Development (30/05/2030) 1.32%
7.11% Maharashtra State Development Loans (31/07/2029) 0.82%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 0.28%

Sector Allocation

Service 6.80%
Address
S. No. 208-1B, Off Pune Ahmednagar Road, Lohagaon, Viman Nagar Pune Maharashtra India 411014
Phone
+91 22 67672500
Fax
+91 22 67672550
Launch Date
October 25, 2023
Custodian
Deutsche Bank A. G.
Registrar & Transfer Agent
KFIN Technologies Limited

Frequently Asked Questions

Q: What is the current NAV of Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment?

A: The latest NAV of Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment is ₹ .

Q: What type of mutual fund is Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment?

A: Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment is a 'Debt - Income' type mutual fund managed by 'Bajaj Asset Management Limited'.

Q: What is the expense ratio of Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment?

A: The expense ratio of Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment is 0.89%, which impacts overall returns.

Q: Who manages Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment?

A: Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment is managed by Mr. Siddharth Chaudhary, who oversees investment strategy and portfolio decisions.

Q: Is Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment a good investment?

A: Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment?

A: The exit load of Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment is Nil, applicable if redeemed within the specified period.

Q: How is Bajaj Finserv Banking and PSU Fund - Monthly IDCW Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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