NAV : ₹ 10.519 as of 15 July, 2024
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Inclusive of GST
Bajaj Finserv Mutual Fund
Total AUM: 10339.92Cr
Bajaj Finserv Asset Management Limited, a wholly-owned subsidiary of Bajaj Finserv Limited, provides a diverse range of innovative products and investment schemes across fixed income, equity, and hybrid categories, allowing investors to effectively diversify their portfolios. As of December 2023, the AMC manages assets valued at Rs. 6217 crores....View Bajaj Finserv Banking and PSU Fund AMC
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Bajaj Finserv Banking and PSU Fund is ₹10.52
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Bajaj Finserv Banking and PSU Fund is ₹100.8 Cr.
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Bajaj Finserv Banking and PSU Fund is ₹1000
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Bajaj Finserv Banking and PSU Fund is 0.89%
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.