Bajaj Finserv Banking and PSU Fund
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returnsNAV history
Scorecard
★★☆☆☆2/5 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.
Not enough Banking and PSU Fund peers to rank yet
Volatility 2.2% vs 2.3% category avg
0.9% expense vs 0.7% category avg
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
- Trails the Banking and PSU Fund average on 3M/6M/1Y — 1Y by 1.41pp
- Ranks #40 of 49 on 1-year return in its Banking and PSU Fund cohort
- High expense ratio (0.88%) vs the Banking and PSU Fund average of 0.66%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark 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 | -0.24% | +0.19% | -0.43% |
| 3M abs | +0.34% | +1.20% | -0.86% |
| 6M abs | -0.18% | +0.49% | -0.67% |
| 1Y CAGR | -0.20% | +1.21% | -1.41% |
| 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
Rolling returns
Return for every possible 1Y holding period, not just today’s
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 | -0.39% | |
| 2025 | +0.21% | |
| 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 · AMFIDown +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.
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.
Taxation
Taxed as debtThis 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.
Your income-tax slab — no LTCG or indexation benefit
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.
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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Univest · 24d ago
Bajaj Finserv Small Cap Regular IDCW NAV Today, Returns and Review
Univest · 24d ago
Bajaj Finserv Banking and PSU Monthly Direct IDCW NAV Today.
Univest · 24d ago
Bajaj Finserv Nifty 50 ETF NAV Today, Returns and Review
Univest · 24d ago
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 ₹10.88 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 -0.20% over 1 year and +3.05% 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 2.2% and its worst peak-to-trough fall in our sample was -2.5%. 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 -3.10 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 -3.10 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.