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{
"debt": "Debt/Cash 100%",
"equity": "Equity 0%",
"MMRGG": {
"nav": "10000",
"date": "31-10-2024",
"since": {
"bajajflexi": "7.31",
"bajajsmall": "7.46",
"bajajnifty": "7.32"
},
"6_month_ago": {
"bajajflexi": "7.13",
"bajajsmall": "7.60",
"bajajnifty": "7.54"
}
},
"MMDGG": {
"nav": "10001",
"date": "30-09-2024",
"since": {
"bajajflexi": "7.90",
"bajajsmall": "7.46",
"bajajnifty": "7.32"
},
"6_month_ago": {
"bajajflexi": "7.72",
"bajajsmall": "7.60",
"bajajnifty": "7.54"
}
}
}

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%
 
Invest Now
Summary Note
 
notifier-imgThis 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

₹2558.47 crores

as on 31-10-2024

Benchmark

NIFTY Money Market Index A-I

Min. SIP Amount

₹1000

Inception Date

24-07-2023

Benefits
 

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 Holding
Top Holdings
No Data to Display
 
 
 
 
 
 
 
 
 
 
 
Allocation by Market Cap
No Data to Display
 
 
 
 
 
 
 
 
 
 
 
Top Sectors
No Data to Display
 
 
 
 
 
 
 
 
 
 
 
 
 
As on 30-09-2024
Top Holdings
Punjab National Bank (11/03/2025) (CD)
4.77%
Export Import Bank of India (12/11/2024) ** (CP)
3.9%
ICICI Bank Limited (25/02/2025) (CD)
3.83%
HDFC Bank Limited (06/03/2025) (CD)
3.82%
364 Days Tbill (MD 14/11/2024) (Tbill)
3.71%
PNB Housing Finance Limited (25/09/2025) ** (CP)
3.66%
Credit rating profile
AAA/A1+
85.98%
Sovereign
8.62%
Corporate Debt Market Development Fund
0.21%
Reverse Repo / TREPS & Net Current Assets
5.19%
 
 
Instrument break-up
Certificate of Deposit
54.62%
Commercial Paper
31.35%
Reverse Repo / TREPS
5.30%
Treasury Bill
4.08%
State Government Bond
3.93%
Government Bond
0.59%
Corporate Debt Market Development Fund
0.21%
Cash & Cash Equivalent
-0.11%
See All Holdings
As on 31-10-2024
Historical Returns

Historical Returns (as per SEBI format) As on 31-10-2024

Tenors CAGR Current value of ₹10,000 Invested
Since Inception 1Y Since Inception 1Y
Bajaj Finserv Money Market Fund 7.31% 7.13% 10,940 10,715
NIFTY Money Market Index A-I 7.46% 7.60% 10,959 10,762
CRISIL 1 Year T-Bill Index 7.32% 7.54% 10,942 10,756

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: 24th 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 31-10-2024

 YTM
Key Icon
 7.28%
 Average Maturity
Key Icon
 132 Days
 Macaulay Duration
Key Icon
 130 Days
 Modified Duration
Key Icon
 125 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 Download icon
Application Form Download icon
Scheme Information Document (SID) Download icon
Key Information Document (KIM) Download icon
Statement of Additional Information (SAI) Download icon
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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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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