What is the investment objective of Bajaj Finserv Money Market Fund

{
"debt": "Debt/Cash 100%",
"equity": "Equity 0%",
"MMRGG": {
"nav": "10000",
"date": "31-12-2024",
"since": {
"bajajflexi": "7.25",
"bajajsmall": "7.41",
"bajajnifty": "7.27"
},
"6_month_ago": {
"bajajflexi": "7.13",
"bajajsmall": "7.56",
"bajajnifty": "7.43"
}
},
"MMDGG": {
"nav": "10001",
"date": "31-12-2024",
"since": {
"bajajflexi": "7.84",
"bajajsmall": "7.41",
"bajajnifty": "7.27"
},
"6_month_ago": {
"bajajflexi": "7.72",
"bajajsmall": "7.56",
"bajajnifty": "7.43"
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Fund Card

Bajaj Finserv Money Market Fund

Debt

Regular Growth

Direct Growth

NAV	Risk Type
₹13.1234 as on 20-09-2024	Low to Moderate

For -

Since Inception

1 Year

As on 30-09-2024

Bajaj Finserv Money Market Fund

26.48%

NIFTY Money Market Index A-I

15.83%

CRISIL 1 Year T-Bill Index

15.83%

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Summary Note

This is a debt fund with NIFTY Money Market Index A-I as its benchmark. The risk level for this fund is categorized as Low to Moderate.

Summary Dynamic Card

Total AUM

₹2663.05 crores

as on 31-12-2024

Benchmark

NIFTY Money Market Index A-I

Min. SIP Amount

₹1000

Inception Date

24-07-2023

Benefits

Relatively stable returns

Money market funds offer relatively stable returns with a higher return potential than savings account*
(*The returns on traditional banking products are usually stable over a long period of time.)

Professional management

Money Market Funds are managed by professional fund managers who actively monitor the market and make investment decisions with the aim of maximizing returns.*
(*Returns from money market funds vary depending on the underlying market conditions.)

High liquidity

With money market funds, it is easy to invest, redeem and switch between funds, providing convenience to investors.

Summary Investment Philosophy

Investment Objective

To generate regular income through investment in a portfolio comprising of money market instruments.

Disclaimer: There is no assurance that the investment objective of the scheme will be achieved.

Portfolio

Asset Allocation

Money market instruments^- 0%-100% (Risk profile - low to moderate) ^having maturity up to 1 Year.
Investment in fixed income derivatives: Up to 50% of net assets of the scheme for non-hedging purpose.
Investment in securitised debt with maturity up to 1 year: Up to 25% of the net assets of the scheme.
Investment in corporate bond repo with maturity up to 1 year: Up to 10% of the net assets of the scheme.
The scheme shall engage in securities lending subject to a maximum of 20% and 5% for a single counter party.
Gross exposure of the scheme to repo transactions in corporate debt securities shall not be more than 10% of the net assets of the scheme or as permitted by extant SEBI regulation. For detailed asset allocation, please refer to the Scheme Information Document.

Portfolio - Current Allocation

Top Holding

Top Holdings

Canara Bank (CD)

8.99%

Kotak Mahindra Bank Limited (CD)

8.26%

HDFC Bank Limited (CD)

7.16%

Axis Bank Limited (CD)

5.51%

Bank of Baroda (CD)

5.50%

Union Bank of India (CD)

4.63%

Credit rating profile

AAA/A1+

86.48%

Sovereign

12.59%

Corporate Debt Market Development Fund

0.71%

Reverse Repo / TREPS & Net Current Assets

0.21%

Instrument break-up

Certificate of Deposit

56.29%

Commercial Paper

30.18%

Treasury Bill

9.18%

Reverse Repo / TREPS

4.75%

State Government Bond

2.84%

Government Bond

0.57%

Corporate Debt Market Development Fund Class A2

0.21%

Cash & Cash Equivalent:

-4.03%

See All Holdings

As on 31-12-2024

Historical Returns

Historical Returns (as per SEBI format) As on 31-12-2024

Tenors	CAGR		Current value of ₹10,000 Invested
Tenors	Since Inception	1Y	Since Inception	1Y
Bajaj Finserv Money Market Fund	7.25%	7.13%	11,062	10,719
NIFTY Money Market Index A-I	7.41%	7.56%	11,085	10,763
CRISIL 1 Year T-Bill Index	7.27%	7.43%	11,064	10,749

Disclaimer: Past performance may or may not be sustained in future.
Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Performance is provided for Regular Plan - Growth Option. Inception Date: 24^th July 2023 Period for which scheme's performance has been provided is computed basis last day of the previous month preceding the date of this material.
Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized.

Key Ratios

Portfolio Parameters As on 31-12-2024

YTM	7.45%
Average Maturity	178 Days
Macaulay Duration	176 Days
Modified Duration	169 Days

YTM details should not be construed as indicative returns and the securities bought by the Fund may or may not be held till the respective maturities.

Who Should Invest/Fund Manager

Who Should Invest?

Investors looking for a low-risk investment and have 6-12 months investment horizon.
Individuals seeking a liquid investment that can be easily redeemed when needed.
Investors who want to diversify their investment portfolio and reduce their overall risk.
Investors who want a relatively low-cost fixed income investment option.

Fund Manager

Fund Managers

Nimesh Chandan

Chief Investment Officer

View in detail

Siddharth Chaudhary

Senior Fund Manager - Fixed Income

View in detail

Scheme Fund Details

Fund Details

Type of Scheme

An open ended debt scheme investing in money market instruments with relatively low interest rate risk and moderate credit risk.

Minimum Investment

Minimum Application Amount

Fresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter.

Load Structure

Load Structure/Lock-In Period

Entry load - Not applicable

Exit load - Nil

Options

Options/Sub-Option

Growth option
Income Distribution cum Capital Withdrawal (IDCW) option

IDCW option will offer the following sub-options:
Payout of IDCW sub-option
Reinvestment of IDCW sub-option
Transfer of IDCW sub-option

Product Label and Riskometer

Potential Risk Class (PRC)

The PRC matrix identifies the highest amount of potential risk that a debt mutual fund can assume.
This regulation was implemented by SEBI on December 1, 2021, making it essential for fund houses to categorize all new and existing schemes under a potential risk class (PRC) matrix.

Product Label and Riskometer

This product is suitable for investors who are seeking*:

Income over short term.
Investment in money market instruments that seeks to provide reasonable returns, commensurate with low risk while providing a high level of liquidity.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Scheme Documents

Documents

Presentation

Application Form

Scheme Information Document (SID)

Key Information Document (KIM)

Statement of Additional Information (SAI)

Overview

Bajaj Finserv Money Market Fund Overview

Bajaj Finserv Money Market Fund is an open-ended debt scheme investing in money market instruments - such as certificates of deposit, commercial papers, commercial bills, treasury bills etc - with a maturity of up to one year and carrying relatively low interest rate risk and moderate credit risk. .
This fund seeks to generate relatively stable returns through investment money market instruments. It may be suitable for investors seeking reasonable return potential over the short term at low-to-moderate risk and with high liquidity.

The investment strategy of the Bajaj Finserv Money Market Fund focuses on capturing term and credit spreads and maintaining a balance between safety, liquidity, and potential return aspects of various investments.

Investments for Bajaj Finserv Money Market Fund start at Rs. 1,000 (lumpsum as well as Systematic Investment Plan or SIP).

FAQ

Frequently Asked Questions

The investment objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments. However, there is no assurance that the investment objective of the scheme will be achieved.

Treasury bills, certificate of deposits, short-term commercial papers, etc. with maturity of less than one year.
*Majority of funds invested in these.

This fund may be suitable for:
• Individuals
• Trusts (Charitable trusts, etc.)
• Body corporates (Banks, insurance companies, financial institutions, multinational corporations. Corporates including SMEs.)
• Partnership firm
• Societies
• NRIs
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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Canara Bank (CD)	8.99%
Kotak Mahindra Bank Limited (CD)	8.26%
HDFC Bank Limited (CD)	7.16%
Axis Bank Limited (CD)	5.51%
Bank of Baroda (CD)	5.50%
Union Bank of India (CD)	4.63%
Small Industries Dev Bank of India (CD)	4.48%
Punjab National Bank (CD)	4.40%
National Bank For Agriculture and Rural Development (CD)	2.95%
Export Import Bank of India (CD)	2.63%
ICICI Bank Limited (CD)	1.77%
ICICI Securities Limited (CP)	5.51%
Muthoot Finance Limited (CP)	4.48%
Aditya Birla Finance Limited (CP)	3.75%
PNB Housing Finance Limited (CP)	3.56%
Kotak Securities Limited (CP)	2.78%
Standard Chartered Capital Limited (CP)	2.75%
Tata Capital Limited (CP)	1.86%
Sundaram Home Finance Limited (CP)	1.83%
Export Import Bank of India (CP)	1.83%
Birla Group Holdings Private Limited (CP)	0.93%
Small Industries Dev Bank of India (CP)	0.93%
Corporate Debt Market Development Fund (Gsec)	0.21%
8.20% GOI (MD 24/09/2025) (Gsec)	0.57%
8.18% Haryana Uday Bond (MD 15/06/2025) (Gsec)	1.14%
8.16% Maharastra SDL (23/09/2025) (Gsec)	0.95%
8.08% TELANGANA SDL (MD 25/02/2025) (Gsec)	0.57%
8.08% Karnataka SDL (MD 11/03/2025) (Gsec)	1.19%
182 Days Tbill (MD 04/04/2025) (T-Bill)	3.70%
364 Days Tbill (MD 04/09/2025) (T-Bill)	3.06%
364 Days Tbill (MD 18/12/2025) (T-Bill)	0.97%
364 Days Tbill (MD 13/11/2025) (T-Bill)	0.89%
364 Days Tbill (MD 18/04/2025) (T-Bill)	0.18%
Reverse Repo / TREPS	4.75%
Cash & Cash Equivalent	4.02%

Bajaj Finserv Money Market Fund

Total AUM

Benchmark

Min. SIP Amount

Inception Date

Benefits

Investment Objective

Asset Allocation

Portfolio - Current Allocation

Historical Returns (as per SEBI format) As on 31-12-2024

Portfolio Parameters As on 31-12-2024

Who Should Invest?

Fund Managers

Fund Details

Type of Scheme

Minimum Application Amount

Load Structure/Lock-In Period

Options/Sub-Option

Potential Risk Class (PRC)

Product Label and Riskometer

This product is suitable for investors who are seeking*:

Documents

Bajaj Finserv Money Market Fund Overview

Frequently Asked Questions

What is the investment objective of Bajaj Finserv Money Market Fund?

Where will Bajaj Finserv Money Market Fund invest?*

Who can invest in Bajaj Finserv Money Market Fund?

Learn About Mutual Funds