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Bajaj Finserv Nifty Bank ETF

Q: What is the NAV of Bajaj Finserv Nifty Bank ETF?

As of 05 Oct 2026, the NAV of Bajaj Finserv Nifty Bank ETF is ₹55.71 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bajaj Finserv Nifty Bank ETF delivered?

Bajaj Finserv Nifty Bank ETF has returned -1.09% over 1 year and +7.94% 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 Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF charges an expense ratio of 0.14% 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 Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF's largest holdings are HDFC Bank Limited (17.0%), ICICI Bank Limited (14.8%), State Bank of India (10.3%), Kotak Mahindra Bank Limited (9.9%) and Axis Bank Limited (9.2%). Holdings are disclosed monthly and change over time.

Q: How risky is Bajaj Finserv Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.2% and its worst peak-to-trough fall in our sample was -18.3%. 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 Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF is benchmarked against the Nifty Bank TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Bajaj Finserv Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF is managed by Ilesh Savla at Bajaj Finserv.

Q: How is Bajaj Finserv Nifty Bank ETF taxed?

Bajaj Finserv Nifty Bank ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Bajaj Finserv Mutual Fund

NAV

₹55.71

+0.48% 1D

as of 05 Oct 2026

Compare SIP calculator

Performance

-2.00%absolute

52-week rangePrev NAV ₹55.44

Latest ₹55.71

Low ₹50.8942nd percentile of its 52-week rangeHigh ₹62.32

Scorecard

Not rated

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. Not rated — too few comparable ETF funds (same plan and option) to rank against yet.

Performance—

Not enough Other ETFs peers to rank yet

RiskModerate

Volatility 16.2% vs 16.4% category avg

CostLow

0.1% expense vs 0.4% 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

Low expense ratio (0.14%) vs the Other ETFs average of 0.39%

Concerns

1-year return (-1.09%) trails the Other ETFs average (+1.05%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.14%

Category 0.39%▼0.25%

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

12.90

Category 22.28▼9.38

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

—

Category 0.21

Scheme Info

Definitions

Plan

—

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

None

Entry Load - not applicable Exit Load: Nil There will be no exit load for units sold through the secondary market on the stock exchange. Investors shall note that the brokerage on sales of the units of the scheme on the stock exchanges shall be borne by the investors. Large Investors can redeem units directly with the fund at Applicable NAV based prices if the redemption amount is greater than Rs.

—

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

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

Nifty Bank TRI

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.

29 Jan 2024

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

Definitions

Absolute return over the last 1 month (not annualized)

-4.61%

Absolute return over the last 3 months (not annualized)

-5.39%

Absolute return over the last 6 months (not annualized)

+6.76%

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

-7.68%

Annualized returns (≥1Y — CAGR)

Definitions

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

-1.09%

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.

+7.94%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

16.19%

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

-18.34%

Benchmark ratios (vs Nifty Bank TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Bank TRI

-0.20%

Sensitivity to Nifty Bank TRI moves; 1 = moves with the index

1.00

How much of the fund's movement Nifty Bank TRI explains

99.9%

Excess return per unit of beta (market risk)

0.95

Active return over the benchmark per unit of tracking error

-0.49

Annualized std dev of fund-minus-benchmark returns

0.44%

Fund's share of benchmark gains in up months (100 = matches index)

99.1%

Fund's share of benchmark losses in down months (lower is better)

99.9%

Computed vs the Nifty Bank TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Other ETFs)

Period	Fund	Category avg.	Diff
1M abs	-4.61%	-4.77%	+0.16%
3M abs	-5.39%	-4.29%	-1.10%
6M abs	+6.76%	+4.90%	+1.86%
1Y CAGR	-1.09%	+1.05%	-2.14%
3Y CAGR	—	+10.61%	—
5Y CAGR	—	+7.79%	—

Category average across peers in Other ETFs (up to 214 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 214 peers in Other ETFs

1Y return

-1.09%

Beats 53.8% · rank #85

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

₹1.16L

Absolute

-3.60%

XIRR

-7.72%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Bajaj Finserv Nifty Bank ETF, 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	Nifty Bank TRI	Diff
2026part	-7.68%	-7.52%	-0.16%
2025	+17.91%	+18.31%	-0.40%
2024part	+12.78%	—	—

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; those years show no benchmark comparison.

History points

663

Expense ratio

0.14%

AUM

₹393.24Cr

Exit load

P/E ratio

12.9

P/B ratio

2.0

Avg market cap

₹5,29,070Cr

P/E & P/B are portfolio-weighted harmonic means across 13 of 14 equity holdings (95% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

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 · Other ETFs

Compare all


Bajaj Finserv Nifty Bank ETFThis fund Bajaj Finserv	—	-1.09%	—	—	12.90	0.14%	₹393.24Cr
HDFC Silver ETF HDFC · Growth	—	+51.56%	+47.81%	—	—	0.50%	₹7,960Cr
ICICI Prudential Silver ETF ICICI Prudential	—	+52.40%	+47.61%	—	—	0.40%	₹15,115Cr
Kotak Silver ETF Kotak Mahindra	—	+52.29%	+47.52%	—	—	0.35%	₹3,625Cr
Nippon India Silver ETF Nippon India · Direct · Growth	—	+51.91%	+47.19%	—	—	0.58%	₹31,737Cr
Motilal Oswal Nasdaq 100 ETF Motilal Oswal	—	+33.71%	+33.90%	+21.91%	—	0.60%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap74.6%
Mid cap25.4%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.90%
Cash & Equivalents0.10%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Nippon India Nifty Bank Index Fund Nippon India · Index Funds	100.0%	★★★☆☆	0.31%	—
Axis Nifty Bank Index Fund Axis · Index Funds	100.0%	★★★☆☆	0.24%	—
ICICI Prudential Nifty Bank Index Fund ICICI Prudential · Index Funds	100.0%	★★★☆☆	0.22%	+7.93%
SBI Nifty Bank Index Fund SBI · Index Funds	100.0%	★★★☆☆	0.33%	—
Nippon India ETF Nifty Bank BeES Nippon India · Other ETFs	100.0%	—	0.20%	+7.95%
Motilal Oswal Nifty Bank Index Fund Motilal Oswal · Index Funds	100.0%	★★★☆☆	0.32%	+7.90%
UTI Nifty Bank ETF UTI · Equity ETF	100.0%	★★☆☆☆	—	+8.03%
Invesco India Nifty Bank Index Fund Invesco · Index Funds	100.0%	—	0.66%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-18.3%18 Feb 2026 → 31 Mar 2026
Still below that high — 41 days down, and no recovery yet.
-12.0%26 Sep 2024 → 11 Mar 2025
Fell over 5 months, back to the old high on 21 Apr 2025 — 41 days under water after the low.
-7.9%03 Jun 2024 → 04 Jun 2024
Fell over 1 day, back to the old high on 19 Jun 2024 — 15 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹393.24Cr

April - June 2026

-4%

since January - March 2026

+₹26.62Cr

est. net flow, last quarter

At or near its largest, ₹410.36Cr 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.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

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

ISIlesh SavlaStart date not disclosed

Role

Senior Dealer – Equity and Fund Manager Equity

Experience

Mr. Savla has over 25 years of work experience across various functions in Equity Dealing and Sales Trading / Dealing profile. Prior to joining the Company, Mr. Savla was associated with Reliance Nippon Life Insurance, Equirus Securities and Maybank KimEng Securities.

Funds managed (6)

All schemes Ilesh Savla 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.

Explore from here

Fund managers

Ilesh Savla

Top holdings

HDFC Bank Limited ICICI Bank Limited State Bank of India Kotak Mahindra Bank Limited Axis Bank Limited The Federal Bank Limited IndusInd Bank Limited AU Small Finance Bank Limited IDFC First Bank Limited Bank of Baroda Punjab National Bank Yes Bank Limited

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 Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of Bajaj Finserv Nifty Bank ETF?

As of 05 Oct 2026, the NAV of Bajaj Finserv Nifty Bank ETF is ₹55.71 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bajaj Finserv Nifty Bank ETF delivered?

Bajaj Finserv Nifty Bank ETF has returned -1.09% over 1 year and +7.94% 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 Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF charges an expense ratio of 0.14% 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 Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF's largest holdings are HDFC Bank Limited (17.0%), ICICI Bank Limited (14.8%), State Bank of India (10.3%), Kotak Mahindra Bank Limited (9.9%) and Axis Bank Limited (9.2%). Holdings are disclosed monthly and change over time.

How risky is Bajaj Finserv Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.2% and its worst peak-to-trough fall in our sample was -18.3%. 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 Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF is benchmarked against the Nifty Bank TRI. Its alpha and beta on this page are measured against that index.

Who manages Bajaj Finserv Nifty Bank ETF?

Bajaj Finserv Nifty Bank ETF is managed by Ilesh Savla at Bajaj Finserv.

How is Bajaj Finserv Nifty Bank ETF taxed?

Bajaj Finserv Nifty Bank ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.