ETFEquity ETFVery High

Bajaj Finserv BSE Top 10 Banks ETF

Q: What is the NAV of Bajaj Finserv BSE Top 10 Banks ETF?

As of 05 Oct 2026, the NAV of Bajaj Finserv BSE Top 10 Banks ETF is ₹19.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bajaj Finserv BSE Top 10 Banks ETF delivered?

Bajaj Finserv BSE Top 10 Banks ETF has returned -5.70% 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 BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF charges an expense ratio of 0.15% 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 BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF's largest holdings are HDFC Bank Limited (30.2%), ICICI Bank Limited (22.4%), Kotak Mahindra Bank Limited (9.7%), State Bank of India (9.5%) and Axis Bank Limited (8.8%). Holdings are disclosed monthly and change over time.

Q: How risky is Bajaj Finserv BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.4% and its worst peak-to-trough fall in our sample was -6.3%. 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 BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF is benchmarked against the BSE Top 10 Banks TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Bajaj Finserv BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF is managed by Ilesh Savla at Bajaj Finserv.

Q: How is Bajaj Finserv BSE Top 10 Banks ETF taxed?

Bajaj Finserv BSE Top 10 Banks 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 · Best Equity ETFs

NAV

₹19.95

+0.23% 1D

as of 05 Oct 2026

Compare SIP calculator

Performance

-5.70%absolute

52-week rangePrev NAV ₹19.90

Latest ₹19.95

Low ₹19.8210th percentile of its 52-week rangeHigh ₹21.16

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 — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Equity ETF peers to rank yet

RiskLow

Volatility 10.4% vs 16.9% category avg

CostLow

0.1% 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

Less volatile than its Equity ETF peers (10.4% vs 16.9%)
Low expense ratio (0.15%) vs the Equity ETF average of 0.73%

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.15%

Category 0.73%▼0.58%

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

14.52

Category 20.92▼6.40

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

—

Category 0.26

Scheme Info

Definitions

Plan

—

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

—

Entry Load : Nil Exit Load: Nil *In accordance with the requirements specified by the SEBI Master Circular for Mutual Funds dated March 20, 2026, no entry load will be charged by Mutual Fund schemes. 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 b

—

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

₹500

BSE Top 10 Banks 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.

21 Jul 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-3.96%

Absolute return over the last 3 months (not annualized)

-5.70%

Absolute return over the last 6 months (not annualized)

—

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

-5.70%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

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.

-5.70%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

10.45%

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

-6.35%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

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

—

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

—

Computed vs the Nifty 500 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 (Equity ETF)

Period	Fund	Category avg.	Diff
1M abs	-3.96%	-5.24%	+1.28%
3M abs	-5.70%	-3.84%	-1.86%
6M abs	—	+5.97%	—
1Y CAGR	—	-0.61%	—
3Y CAGR	—	+11.60%	—
5Y CAGR	—	+9.62%	—

Category average across peers in Equity ETF (72 of 73 carry a figure for at least one period), 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.

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

₹20.00K

Current value

₹19.60K

Absolute

-1.98%

XIRR

-37.91%

Value vs. invested

ValueInvested

2 monthly installments of ₹10,000 into Bajaj Finserv BSE Top 10 Banks ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

0.15%

Exit load

P/E ratio

14.5

P/B ratio

2.4

Avg market cap

₹7,16,564Cr

P/E & P/B are portfolio-weighted harmonic means across 9 of 10 equity holdings (96% 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 · Equity ETF

Compare all


Bajaj Finserv BSE Top 10 Banks ETFThis fund Bajaj Finserv	—	—	—	—	14.52	0.15%	—
Aditya Birla Sun Life Silver ETF Aditya Birla Sun Life	★★★★☆	+52.36%	+47.61%	—	—	0.35%	₹3,026Cr
Aditya Birla Sun Life Gold ETF Aditya Birla Sun Life	★★★☆☆	+25.55%	+36.41%	+24.84%	—	0.44%	₹2,838Cr
Mirae Asset S&P 500 Top 50 ETF Mirae Asset	★★★★★	+19.24%	+29.33%	+19.90%	—	0.65%	—
Aditya Birla Sun Life Nifty Healthcare ETF Aditya Birla Sun Life	★★★★★	+11.80%	+19.57%	—	41.11	0.20%	₹76.55Cr
Axis NIFTY Healthcare ETF Axis	★★★★★	+11.61%	+19.17%	+12.21%	41.12	0.45%	₹21.69Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap83.3%
Mid cap16.7%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.94%
Cash & Equivalents0.06%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
DSP Nifty Bank Index Fund DSP · Index Funds	79.2%	★★★☆☆	0.27%	—
SBI Nifty Bank Index Fund SBI · Index Funds	79.2%	★★★☆☆	0.33%	—
Nippon India ETF Nifty Bank BeES Nippon India · Other ETFs	79.2%	—	0.20%	+7.95%
Motilal Oswal Nifty Bank Index Fund Motilal Oswal · Index Funds	79.2%	★★★☆☆	0.32%	+7.90%
UTI Nifty Bank ETF UTI · Equity ETF	79.2%	★★☆☆☆	—	+8.03%
ICICI Prudential Nifty Bank Index Fund ICICI Prudential · Index Funds	79.2%	★★★☆☆	0.22%	+7.93%
Nippon India Nifty Bank Index Fund Nippon India · Index Funds	79.2%	★★★☆☆	0.31%	—
Axis Nifty Bank Index Fund Axis · Index Funds	79.2%	★★★☆☆	0.24%	—

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.

-6.3%06 Aug 2026 → 29 Sep 2026
Still below that high — 2 months down, and no recovery yet.

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.

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 Kotak Mahindra Bank Limited State Bank of India Axis Bank Limited The Federal Bank Limited IndusInd Bank Limited AU Small Finance Bank Limited IDFC First Bank Limited Bank of Baroda

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.

Run SIP calculator Add to compare

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 Equity ETFs

Equity ETFs track an equity index and trade on the exchange through the day, so you buy at a market price that can sit slightly above or below the fund's NAV. That is the trade-off against an index fund, which always transacts at NAV but only once a day.

Frequently asked questions

What is the NAV of Bajaj Finserv BSE Top 10 Banks ETF?

As of 05 Oct 2026, the NAV of Bajaj Finserv BSE Top 10 Banks ETF is ₹19.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bajaj Finserv BSE Top 10 Banks ETF delivered?

Bajaj Finserv BSE Top 10 Banks ETF has returned -5.70% 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 BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF charges an expense ratio of 0.15% 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 BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF's largest holdings are HDFC Bank Limited (30.2%), ICICI Bank Limited (22.4%), Kotak Mahindra Bank Limited (9.7%), State Bank of India (9.5%) and Axis Bank Limited (8.8%). Holdings are disclosed monthly and change over time.

How risky is Bajaj Finserv BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.4% and its worst peak-to-trough fall in our sample was -6.3%. 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 BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF is benchmarked against the BSE Top 10 Banks TRI. Its alpha and beta on this page are measured against that index.

Who manages Bajaj Finserv BSE Top 10 Banks ETF?

Bajaj Finserv BSE Top 10 Banks ETF is managed by Ilesh Savla at Bajaj Finserv.

How is Bajaj Finserv BSE Top 10 Banks ETF taxed?

Bajaj Finserv BSE Top 10 Banks 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.