Bajaj Finserv Banking and PSU Debt Fund Direct-Growth
Debt: Banking and PSU Debt - Growth (Open ended)
SEBI Riskometer: Low to ModerateCategory: Debt: Banking and PSU DebtBenchmark: Nifty Banking & PSU Debt Index A-IICheck Portfolio Overlap →
NAV: ₹12.25+0.02%
09 Oct 2026
1 Week returns: 0.08 %
Category rank: 6/20
1 Month returns: -0.02 %
Category rank: 8/20
1 Year CAGR: 4.45 %
Category rank: 14/20
3 Years CAGR: -
Category rank: -
5 Years CAGR: -
Category rank: -
Key Talking Points
Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio
Expense ratio of the scheme (0.35%) is lower than average expense ratio of the category (0.5%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Negative
Not enough talking points with negative stance
Neutral
Not enough performance data
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
Scheme Overview
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.
Plan Variants
Bajaj Finserv Banking and PSU Debt Fund Direct-IDCW
Plan
IDCW
Payout
Irregular
Bajaj Finserv Banking and PSU Debt Fund Direct-IDCW Monthly
Plan
IDCW Monthly
Payout
Monthly
Fund Managers
Key Scheme Details
Inception
14 Nov 2023
Expense Ratio
0.35%
AUM
₹315.09 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹1,000
Min. Addl Investment
-
Min. SIP Investment
₹1,000
Exit load
-
AMC Overview
Bajaj Finserv Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.
AMC Details
AMC
Bajaj Finserv Mutual Fund
CEO
Ganesh Mohan(Managing Director)
CIO
Nimesh Chandan(Chief Investment Officer)
IRO
Priya Singh
Trustee
Bajaj Finserv Mutual Fund Trustee Ltd.
Website
Address
S. No - 239/2, 11th Floor, Office No. 1101 A and 1101 B,, Sky One Corporate Park, Lohegaon, , Pune, Maharashtra, Pune
Frequently Asked Questions
What is the current NAV of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth?
The current NAV of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth is ₹12.25 as of 9 Oct 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth?
The AUM (Assets Under Management) of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth is ₹315.09 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth?
The expense ratio of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth is 0.35% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth?
Bajaj Finserv Banking and PSU Debt Fund Direct-Growth is managed by Nimesh Chandan, Siddharth Chaudhary. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth?
The benchmark of Bajaj Finserv Banking and PSU Debt Fund Direct-Growth is Nifty Banking & PSU Debt Index A-II. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Bajaj Finserv Banking and PSU Debt Fund Direct-Growth launched?
Bajaj Finserv Banking and PSU Debt Fund Direct-Growth was launched on 14 Nov 2023. The fund has been in existence for 2 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Bajaj Finserv Banking and PSU Debt Fund Direct-Growth?
The minimum investment in Bajaj Finserv Banking and PSU Debt Fund Direct-Growth is ₹1,000 for a lump sum and ₹1,000 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Bajaj Finserv Banking and PSU Debt Fund Direct-Growth?
The exit load on Bajaj Finserv Banking and PSU Debt Fund Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Bajaj Finserv Banking and PSU Debt Fund Direct-Growth belong to?
Bajaj Finserv Banking and PSU Debt Fund Direct-Growth belongs to the Debt: Banking and PSU Debt category. You can view other funds in this category.