DebtBanking and PSU FundRegularGrowthLow to Moderate

Bajaj Finserv Banking and PSU Debt Fund

Q: What is the NAV of Bajaj Finserv Banking and PSU Debt Fund?

As of 01 Oct 2026, the NAV of Bajaj Finserv Banking and PSU Debt Fund is ₹12.05 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bajaj Finserv Banking and PSU Debt Fund delivered?

Bajaj Finserv Banking and PSU Debt Fund has returned +4.16% over 1 year and +6.62% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund charges an expense ratio of 0.89% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund's largest holdings are 8.54% REC Limited (15/11/2028) (6.9%), 7.7% National Highways Authority Of India (13/09/2029) (6.8%), National Bank For Agriculture and Rural Development (10/09/2026) (6.8%), 7.42% Power Finance Corporation Limited (15/04/2028) (6.8%) and 7.23% Housing & Urban Development Corporation Limited (18/07/2029) (6.8%). Holdings are disclosed monthly and change over time.

Q: How risky is Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -0.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund is benchmarked against the Nifty Banking & PSU Debt Index A-II. Its alpha and beta on this page are measured against that index.

Q: Who manages Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund is managed by Siddharth Chaudhary and Nimesh Chandan at Bajaj Finserv.

Q: How is Bajaj Finserv Banking and PSU Debt Fund taxed?

Bajaj Finserv Banking and PSU Debt Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Bajaj Finserv Mutual Fund · Best Banking & PSU Mutual Funds

NAV

₹12.05

-0.01% 1D

as of 01 Oct 2026

This is the Regular plan of Bajaj Finserv Banking and PSU Debt Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+4.23%CAGR

52-week rangePrev NAV ₹12.05

Latest ₹12.05

Low ₹11.5797th percentile of its 52-week rangeHigh ₹12.06

Scorecard

★☆☆☆☆1/5 vs 20 Banking and PSU Fund peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Banking and PSU Fund (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers.

Performance—

Not enough Banking and PSU Fund peers to rank yet

RiskHigh

Volatility 1.2% vs 1.1% category avg

CostHigh

0.9% expense vs 0.7% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Ranks #17 of 20 on 1-year return in its Banking and PSU Fund cohort
More volatile than its Banking and PSU Fund peers (1.2% vs 1.1%)
High expense ratio (0.89%) vs the Banking and PSU Fund average of 0.67%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.89%

Category 0.67%▲0.22%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.17

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Entry Load: Nil Exit Load: Nil The Trustee / AMC reserves the right to change the load structure any time in the future if they so deem fit on a prospective basis. The investor is requested to check the prevailing load structure of the scheme before investing.

—

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

Nifty Banking & PSU Debt Index A-II

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

15 Nov 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.18%

Absolute return over the last 3 months (not annualized)

+0.41%

Absolute return over the last 6 months (not annualized)

+2.83%

Absolute return since 1 Jan of this year (not annualized)

+2.91%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+4.16%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+6.62%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.21%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-0.77%

Benchmark ratios

Not shown for Banking and PSU Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Banking and PSU Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.18%	+0.12%	+0.06%
3M abs	+0.41%	+0.46%	-0.05%
6M abs	+2.83%	+2.93%	-0.10%
1Y CAGR	+4.16%	+4.56%	-0.40%
3Y CAGR	—	+6.67%	—
5Y CAGR	—	+5.88%	—

Category average across peers in Banking and PSU Fund (up to 19 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 19 peers in Banking and PSU Fund

1Y return

+4.16%

Beats 15.8% · rank #17

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.22L

Absolute

+1.92%

XIRR

+4.21%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Bajaj Finserv Banking and PSU Debt Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+2.91%
2025	+7.35%
2024	+7.81%
2023part	+0.97%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

697

Expense ratio

0.89%

YTM (from holdings)

6.88%

Macaulay duration

1.55 years

Average maturity

1.73 years

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Banking and PSU Fund

Compare all


Bajaj Finserv Banking and PSU Debt FundThis fund Bajaj Finserv · Regular · Growth	★☆☆☆☆ 1Y	+4.16%	—	—	—	0.89%	—
UTI Banking & PSU Debt Fund UTI · Regular · Growth	★★★★★	+5.79%	+7.18%	+7.49%	—	0.47%	—
Franklin India Banking & PSU Debt Fund Franklin Templeton · Regular · Growth	★★★★☆	+5.86%	+7.14%	+6.11%	—	0.49%	₹1.11Cr
Sundaram Banking and PSU Debt Fund Sundaram · Regular · Growth	★★★★★	+4.59%	+6.85%	+5.84%	—	0.42%	—
Kotak Banking and PSU Debt Fund Kotak Mahindra · Regular · Growth	★★★★☆	+4.82%	+6.84%	+5.98%	—	0.75%	₹5,070Cr
Bandhan Banking and PSU Debt Fund Bandhan · Regular · Growth	★★★★☆	+5.28%	+6.79%	+5.95%	—	0.68%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt82.11%
Cash & Equivalents17.60%
Other0.29%

AMC Profile

Bajaj Finserv Mutual Fund is run by Bajaj Finserv Asset Management, part of the Bajaj Finserv financial services group, and began launching schemes in 2023. Its line-up spans equity, hybrid and debt.

Launched

17 Oct 2021

Total AUM

₹37,842Cr+14.6% QoQ

Avg AUM · July - September 2026

Website

bajajamc.com

Fund Managers

SCSiddharth ChaudharyStart date not disclosed

Role

Senior Fund Manager – Fixed Income

Experience

Mr. Chaudhary joined the Company in July 2022 as Senior Fund Manager Fixed Income. Prior to this he was associated with Sundaram Asset Management Co. Ltd from April 2019 - July 2022 as Head Fixed Income Institutional Business, from April 2017 – March 2019 as Senior Fund Manager – Fixed Income, from August 2010

Funds managed (19)

All schemes Siddharth Chaudhary runs →

NCNimesh ChandanStart date not disclosed

Role

Chief Investment Officer

Experience

Mr. Nimesh has over 24 years of experience in the Indian Capital Markets. He has spent 18 years in Fund Management- managing and advising domestic and international investors, retail as well as institutional. Prior to joining Bajaj Finserv Asset Management Ltd, he has worked with Canara Robeco Asset Management as Head Investments, Equities (Domestic and Offshore). He has also worked with other asset management companies including Birla Sunlife Asset Management, SBI Asset Management and ICICI Prudential Asset Management. #Jointly with Mr. Sorbh Gupta

Funds managed (14)

All schemes Nimesh Chandan runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Siddharth Chaudhary Nimesh Chandan

Bajaj Finserv in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Banking & PSU funds

Banking and PSU funds must keep at least 80% in the debt of banks, public sector undertakings, public financial institutions and municipal bonds. That issuer restriction is the category: it targets high-rated, quasi-sovereign borrowers, so credit risk is low and the main risk left is interest rates.

Frequently asked questions

What is the NAV of Bajaj Finserv Banking and PSU Debt Fund?

As of 01 Oct 2026, the NAV of Bajaj Finserv Banking and PSU Debt Fund is ₹12.05 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bajaj Finserv Banking and PSU Debt Fund delivered?

Bajaj Finserv Banking and PSU Debt Fund has returned +4.16% over 1 year and +6.62% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund charges an expense ratio of 0.89% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund's largest holdings are 8.54% REC Limited (15/11/2028) (6.9%), 7.7% National Highways Authority Of India (13/09/2029) (6.8%), National Bank For Agriculture and Rural Development (10/09/2026) (6.8%), 7.42% Power Finance Corporation Limited (15/04/2028) (6.8%) and 7.23% Housing & Urban Development Corporation Limited (18/07/2029) (6.8%). Holdings are disclosed monthly and change over time.

How risky is Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -0.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund is benchmarked against the Nifty Banking & PSU Debt Index A-II. Its alpha and beta on this page are measured against that index.

Who manages Bajaj Finserv Banking and PSU Debt Fund?

Bajaj Finserv Banking and PSU Debt Fund is managed by Siddharth Chaudhary and Nimesh Chandan at Bajaj Finserv.

How is Bajaj Finserv Banking and PSU Debt Fund taxed?

Bajaj Finserv Banking and PSU Debt Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.