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FAQ : Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth

Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A N/A N/A N/A
Average Rolling Returns(%) N/A N/A N/A N/A

The Current NAV of Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth is ₹9.67.

It is better to invest in a fund with a longer track record as Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark Nifty Financial Services, as the Funds portfolio is similar to its benchmark.

Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 2.36%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth is currently ₹372 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Axis Bank and account for 37% of its portfolio. Top 5 and 10 stocks of fund account for 53% and 70% of fund’s portfolio respectively.

Top three sectors of Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth fund are BFSI, Miscellaneous and Others accounting for 99% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.

Nimesh Chandan and Sorbh Gupta manage the Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth Fund.

Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth current PE ratio is 23.40 and PB ratio is 2.88

The asset allocation of Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth is Stocks : 95.63%, Debt : 2.03% and Gold : 2.35%

The minimum SIP amount for Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Bajaj Finserv Banking and Financial Services Fund - Regular Plan - Growth is 1% on or before 3 months, Nil after 3 months

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