DebtBanking and PSU FundRegularIDCWLow to Moderate

Bajaj Finserv Banking and PSU Fund

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

As of 20 Aug 2026, the NAV of Bajaj Finserv Banking and PSU Fund is ₹12.03 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 Fund delivered?

Bajaj Finserv Banking and PSU Fund has returned +4.62% over 1 year and +6.85% 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 Fund?

Bajaj Finserv Banking and PSU Fund charges an expense ratio of 0.88% 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 Fund?

Its largest holdings are Others CBLO (11.7%), RURAL ELECTRIFICATION CORPORATION LIMITED SERIES GOI-V 8.54 BD 15NV28 FVRS10LAC (7.0%), NATIONAL HIGHWAYS AUTHORITY OF INDIA SR V 7.70 BD 13SP29 FVRS10LAC (6.9%), FOOD CORPORATION OF INDIA SR VII A 7.60 LOA 09JN30 FVRS10LAC (6.8%) and L&T FINANCE LIMITED SR B 8.12 NCD 29JU29 FVRS1LAC (6.8%). Holdings are disclosed monthly and change over time.

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

It 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 does the Sharpe ratio of -1.54 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bajaj Finserv Banking and PSU Fund's -1.54 means it has not compensated investors for its volatility over the window. Higher is better.

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

Bajaj Finserv Banking and PSU 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 Fund?

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

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

Bajaj Finserv Banking and PSU 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

₹12.03

-0.16% 1D

as of 20 Aug 2026

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NAV history

+4.71%CAGR

52-week rangePrev NAV ₹12.05

Latest ₹12.03

Low ₹11.4795th percentile of its 52-week rangeHigh ₹12.06

Scorecard

★★★★☆4/5 vs 50 of 49 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. 50 of the 49 Banking and PSU Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Banking and PSU Fund peers to rank yet

RiskLow

Volatility 1.2% vs 2.3% 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

Ahead of the Banking and PSU Fund average on 3M/6M/1Y — 1Y by 3.50pp
Less volatile than its Banking and PSU Fund peers (1.2% vs 2.3%)

Concerns

High expense ratio (0.88%) vs the Banking and PSU Fund average of 0.66%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.66%

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

Category —

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

-1.54

Category -2.51▲0.97

Scheme Info

Definitions

Plan

Regular · IDCW

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

Exit Load

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

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

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)

+0.35%

Absolute return over the last 3 months (not annualized)

+2.56%

Absolute return over the last 6 months (not annualized)

+2.32%

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

+2.74%

Annualized returns (≥1Y — CAGR)

Definitions

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

+4.62%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+6.85%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.22%

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

-1.54

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

-2.23

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	+0.35%	+0.18%	+0.17%
3M abs	+2.56%	+1.15%	+1.41%
6M abs	+2.32%	+0.44%	+1.88%
1Y CAGR	+4.62%	+1.12%	+3.50%
3Y CAGR	—	+1.79%	—
5Y CAGR	—	+1.62%	—

Category average across peers in Banking and PSU Fund (up to 49 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 49 peers in Banking and PSU Fund

1Y return

+4.62%

Beats 79.6% · rank #11

3Y return

—

5Y return

—

Sharpe

-1.54

Beats 65.3% · rank #18

Sortino

-2.23

Beats 53.1% · rank #24

Rolling returns

Return for every possible 1Y holding period, not just today’s

Average

+7.0%

Median

+7.5%

Best

+9.7%

Worst

+2.7%

Positive periods

100.0%

22 overlapping 1Y windows, sampled monthly across the fund’s history.

Calendar-year returns

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

Year	Fund
2026part	+2.77%
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.

Fund size over time

Quarterly average AUM · AMFI

₹327.42Cr

April - June 2026

-8%

since January - March 2026

Down +8% from its peak of ₹356.89Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

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

₹1.23L

Absolute

+2.26%

XIRR

+4.97%

Value vs. invested

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

History points

669

Expense ratio

AUM

Portfolio turnover

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 FundThis fund Bajaj Finserv	★★★★☆ 1Y	+4.62%	—	—	—	0.88%	₹327.42Cr
UTI Banking & PSU Fund - Regular Plan - Flexi UTI	★★★★★	+5.75%	+7.20%	+7.40%	—	—	₹1,483Cr
UTI Banking & PSU Fund UTI	★★★★★	+5.75%	+7.20%	+7.03%	—	0.47%	₹1,483Cr
UTI Banking & PSU Fund UTI	★★★★★	+5.75%	+7.20%	+7.15%	—	0.47%	₹1,483Cr
Bandhan Banking and PSU Fund Bandhan	★★★★★	+5.72%	+6.97%	+5.93%	—	0.66%	₹12,156Cr
LIC MF Banking & PSU Fund LIC	★★★★☆	+5.11%	+6.92%	+5.44%	—	0.65%	₹1,869Cr

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 Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

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

As of 20 Aug 2026, the NAV of Bajaj Finserv Banking and PSU Fund is ₹12.03 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 Fund delivered?

Bajaj Finserv Banking and PSU Fund has returned +4.62% over 1 year and +6.85% 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 Fund?

Bajaj Finserv Banking and PSU Fund charges an expense ratio of 0.88% 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 Fund?

Its largest holdings are Others CBLO (11.7%), RURAL ELECTRIFICATION CORPORATION LIMITED SERIES GOI-V 8.54 BD 15NV28 FVRS10LAC (7.0%), NATIONAL HIGHWAYS AUTHORITY OF INDIA SR V 7.70 BD 13SP29 FVRS10LAC (6.9%), FOOD CORPORATION OF INDIA SR VII A 7.60 LOA 09JN30 FVRS10LAC (6.8%) and L&T FINANCE LIMITED SR B 8.12 NCD 29JU29 FVRS1LAC (6.8%). Holdings are disclosed monthly and change over time.

How risky is Bajaj Finserv Banking and PSU Fund?

It 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 does the Sharpe ratio of -1.54 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Bajaj Finserv Banking and PSU Fund's -1.54 means it has not compensated investors for its volatility over the window. Higher is better.

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

Bajaj Finserv Banking and PSU 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 Fund?

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

How is Bajaj Finserv Banking and PSU Fund taxed?

Bajaj Finserv Banking and PSU 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.