DebtMoney Market FundDirectIDCWLow

Bajaj Finserv Money Market Fund

Q: What is the NAV of Bajaj Finserv Money Market Fund?

As of 05 Oct 2026, the NAV of Bajaj Finserv Money Market Fund is ₹1,042.63 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bajaj Finserv Money Market Fund delivered?

Bajaj Finserv Money Market Fund has returned -0.03% 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 Money Market Fund?

Bajaj Finserv Money Market Fund charges an expense ratio of 0.13% 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 Money Market Fund?

Bajaj Finserv Money Market Fund's largest holdings are Indian Bank (05/02/2027) (2.7%), National Bank For Agriculture and Rural Development (17/02/2027) (2.7%), Standard Chartered Capital Limited (14/12/2026) (2.3%), Bank of Baroda (08/03/2027) (2.3%) and Bank of Baroda (07/12/2026) (2.2%). Holdings are disclosed monthly and change over time.

Q: How risky is Bajaj Finserv Money Market Fund?

Bajaj Finserv Money Market Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.9% and its worst peak-to-trough fall in our sample was -0.2%. 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 Money Market Fund?

Bajaj Finserv Money Market Fund is benchmarked against the NIFTY Money Market Index A-I. Its alpha and beta on this page are measured against that index.

Q: Who manages Bajaj Finserv Money Market Fund?

Bajaj Finserv Money Market Fund is managed by Siddharth Chaudhary and Nimesh Chandan at Bajaj Finserv.

Q: How is Bajaj Finserv Money Market Fund taxed?

Bajaj Finserv Money Market 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 Money Market Mutual Funds

NAV

₹1,042.63

-0.07% 1D

as of 05 Oct 2026

This is the Direct plan of Bajaj Finserv Money Market Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed weekly, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

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 returns (+7.37% 3Y CAGR)

NAV history

-0.03%absolute

52-week rangePrev NAV ₹1,043.31

Latest ₹1,042.63

Low ₹1,042.545th percentile of its 52-week rangeHigh ₹1,044.49

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.13%

Category —

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

—

Category —

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

—

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

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

None

Exit Load

None

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 Money Market Index A-I

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.

17 Aug 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.17%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

-0.03%

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.

-0.03%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.87%

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

-0.19%

Benchmark ratios

Not shown for Money Market 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 (Money Market Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.17%	—	—
3M abs	—	—	—
6M abs	—	—	—
1Y CAGR	—	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Money Market Fund, 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

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

Pick a longer period to plot the path.

1 monthly installments of ₹10,000 into Bajaj Finserv Money Market Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

0.13%

AUM

₹4,758Cr

YTM (from holdings)

6.57%

Macaulay duration

168 days

Average maturity

168 days

Exit load

Nil

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 · Money Market Fund

Compare all


Bajaj Finserv Money Market FundThis fund Bajaj Finserv · Direct · Weekly IDCW	—	—	—	—	—	0.13%	₹4,758Cr
Bandhan Money Market Fund Bandhan · Direct · Periodic IDCW	—	+6.66%	+7.45%	+6.75%	—	—	₹13.51L
Mirae Asset Money Market Fund Mirae Asset · Direct · IDCW	—	+6.46%	+7.39%	+6.61%	—	0.11%	₹3,539Cr
UTI - Money Market Fund UTI · Direct · Flexi IDCW	—	+6.52%	+7.38%	+6.76%	—	—	₹1.88L
UTI - Money Market Fund UTI · Direct · Half-Yearly IDCW	—	+6.52%	+7.38%	+6.77%	—	0.17%	₹1,175Cr
UTI - Money Market Fund UTI · Direct · Annual IDCW	—	+6.52%	+7.38%	+6.77%	—	0.17%	₹1,175Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt91.49%
Cash & Equivalents8.22%
Other0.29%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Indian Bank (05/02/2027)

2.74%

National Bank For Agriculture and Rural Development (17/02/2027)

2.73%

Standard Chartered Capital Limited (14/12/2026)

2.30%

Bank of Baroda (08/03/2027)

2.27%

Bank of Baroda (07/12/2026)

2.22%

Bank of Baroda (04/12/2026)

1.85%

Bank of Baroda (25/01/2027)

1.83%

Punjab National Bank (10/02/2027)

1.82%

Kotak Mahindra Bank Limited (12/02/2027)

1.82%

ICICI Bank Limited (12/02/2027)

1.82%

Fund size over time

Quarterly average AUM · AMFI

₹4,758Cr

July - September 2026

+6%

since January - March 2026

At or near its largest, ₹4,758Cr in July - September 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.

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 Money Market funds

Money market funds hold only money market instruments — treasury bills, commercial paper, certificates of deposit — maturing within one year. The one-year ceiling is on each instrument, which keeps both interest-rate and credit risk short.

Frequently asked questions

What is the NAV of Bajaj Finserv Money Market Fund?

As of 05 Oct 2026, the NAV of Bajaj Finserv Money Market Fund is ₹1,042.63 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bajaj Finserv Money Market Fund delivered?

Bajaj Finserv Money Market Fund has returned -0.03% 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 Money Market Fund?

Bajaj Finserv Money Market Fund charges an expense ratio of 0.13% 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 Money Market Fund?

Bajaj Finserv Money Market Fund's largest holdings are Indian Bank (05/02/2027) (2.7%), National Bank For Agriculture and Rural Development (17/02/2027) (2.7%), Standard Chartered Capital Limited (14/12/2026) (2.3%), Bank of Baroda (08/03/2027) (2.3%) and Bank of Baroda (07/12/2026) (2.2%). Holdings are disclosed monthly and change over time.

How risky is Bajaj Finserv Money Market Fund?

Bajaj Finserv Money Market Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.9% and its worst peak-to-trough fall in our sample was -0.2%. 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 Money Market Fund?

Bajaj Finserv Money Market Fund is benchmarked against the NIFTY Money Market Index A-I. Its alpha and beta on this page are measured against that index.

Who manages Bajaj Finserv Money Market Fund?

Bajaj Finserv Money Market Fund is managed by Siddharth Chaudhary and Nimesh Chandan at Bajaj Finserv.

How is Bajaj Finserv Money Market Fund taxed?

Bajaj Finserv Money Market 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.