texts
Bajaj Finserv Large and Mid Cap Fund
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Fund Card
Bajaj Finserv Large and Mid Cap Fund
Equity
Regular Growth
Regular Growth
Direct Growth
| NAV | Risk Type |
|---|---|
|
|
Very High
|
For -
Since Inception
Since Inception
1 Year
As on 28-02-2024
Bajaj Finserv Large and Mid Cap Fund
41.43%
Nifty Large Midcap 250 TR
39.84%
Nifty 50 TRI
29.88%
Summary Note
This is an equity fund with Nifty Large Midcap 250 TRI as its benchmark. The risk level for this fund is categorized as Very High.Summary Dynamic Card
Total AUM
1627.26crores
as on 28-02-2025
Benchmark
Nifty Large Midcap 250 TRI
Min. SIP Amount
₹500
Inception Date
27-02-2024
Benefits
Investment Approach
Moat investing
This strategic approach involves identifying and investing in companies with economic moats, or sustainable competitive advantages.
Diversified portfolio
The fund is structured to navigate both large and mid-cap segments, offering investors exposure to a wide spectrum of companies.
INQUBE philosophy
Our inhouse INQUBE investment philosophy brings informational, quantitative & behavioural edge to the portfolio.
Summary Investment Philosophy
Investment Objective
To generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The fund manager may also seek participation in other equity and equity related securities.
However, there is no assurance that the investment objective of the scheme will be achieved.
Portfolio
Asset Allocation
| Instruments | Indicative allocations (% of total assets) | |
|---|---|---|
| Minimum | Maximum | |
| Equity and equity related instruments of large cap companies | 35% | 65% |
| Equity and equity related instruments of mid cap companies | 35% | 65% |
| Equity and equity related instruments other than large and mid cap companies | 0% | 30% |
| Debt instruments and money market instruments* and units of mutual fund schemes | 0% | 30% |
| Units issued by REITs and InvITs | 0% | 10% |
*Money market instruments will include commercial papers, commercial bills, Triparty REPO, Reverse Repo and equivalent and any other like instruments as specified by SEBI and Reserve Bank of India from time to time.
For information please refer to the Scheme Information Document.
Portfolio - Current Allocation
Top Holding
Top Holding
Top Holdings
HDFC Bank Limited
6.73%
Infosys Limited
4.11%
Reliance Industries Limited
3.83%
Tata Consultancy Services Limited
3.71%
Divi's Laboratories Limited
3.63%
Cipla Limited
3.18%
Allocation by Market Cap
Small Cap
4.66%
Mid Cap
34.84%
Large Cap
54.17%
Top Sectors
Pharmaceuticals & Biotechnology
17.20%
Banks
12.13
IT - Software
8.30%
Finance
6.41%
Diversified FMCG
4.91%
Consumer Durables
4.68%
Petroleum Products
3.83%
See All Holdings
As on 28-02-2025
Top Holdings
Reverse Repo / TREPS
0.93%
Cash & Cash Equivalent
0.94%
Instrument break-up
TREPS
1.75%
As on 28-02-2025
Historical Returns
Historical Returns (as per SEBI format) As on 28-02-2025
| Tenors | CAGR | Current value of ₹10,000 Invested | ||
|---|---|---|---|---|
| Since Inception | 1Y | Since Inception | 1Y | |
| Bajaj Finserv Large and Mid cap Fund | 5.93% | 5.78% | 10,596 | 10,578 |
| Nifty Large Midcap 250 TRI | -0.44% | 0.67% | 9,955 | 10,067 |
| Nifty 50 TRI | 0.90% | 1.89% | 10.091 | 10,189 |
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. Benchmark: Nifty Large Midcap 250 TRI, Additional Benchmark: Nifty 50 TRI. Inception Date: 27th February 2024th February 2024 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
Key Ratios As on 28-02-2025
Portfolio turnover
 |
0.64 |
| active share
|
-0.63% |
| Beta
|
0.74 |
| Sharpe
|
-0.04% |
| Standard Deviation
|
12.75% |
| Jensen's Alpha
|
-0.05 |
| Information Ratio
|
0.48% |
*Period for calculation - 14th August 2023 to 28th February 2024. Risk Free Rate (RFR) is considered at 6.80 (FBIL Overnight MIBOR).
Who Should Invest/Fund Manager
Investment Style & Portfolio Strategy
- The scheme aims to generate long-term capital appreciation/income by predominantly investing in equity and equity-related securities of large-cap and mid-cap companies.
- The fund manager seeks to invest in companies having a distinct competitive advantage over its peers.
- Like a castle surrounded by a moat for protection against attack, a moat in business refers to a company's competitive advantage that makes it difficult for competitors to challenge its position in the market. Hence in investment terms, this strategy is also known as moat investing.
- In addition to equity investments, our scheme also allocates funds to debt securities and money market instruments. Investment strategy focuses on capturing term and credit spreads and maintaining a balance between safety, liquidity, and return aspects of various investments.
- Additionally, the fund manager will also assess the company on the basis of its management’s capability to protect their business’s distinct advantage and enhance it (expand the moat).
Fund Manager
Fund Managers
Scheme Fund Details
Fund Details
Type of Scheme
Bajaj Finserv Large and Mid Cap Fund:
An open ended equity scheme investing in both large cap and mid cap stocks
Minimum Investment
Minimum Application Amount
Fresh subscription - Rs. 500/- and in multiples of Re. 1/-
Systematic Investment Plan (SIP):
Rs. 500 and above: Minimum 6 instalments.
Load Structure
Load Structure/Lock-In Period
Entry Load - Not applicable
Exit load*
For each purchase of units through Lumpsum / switch-in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows
➢ if units are redeemed / switched out within 6 months from the date of allotment:
- if upto 10% of units allotted are redeemed/switched out – Nil
- any redemption / switch-out of units in excess of 10% of units allotted - 1% of applicable NAV.
➢ if units are redeemed/switched out after 6 months from the date of allotment, no exit load is payable
Product Label and Riskometer
Product Label and Riskometer
This product is suitable for investors who are seeking*:
- Wealth creation over long term
- Open ended equity scheme investing in both large cap and mid cap stocks
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Overview
Bajaj Finserv Large and Mid Cap Fund – Overview
The Bajaj Finserv Large and Mid Cap Fund is an open-ended equity scheme that invests predominantly in large and mid-cap stocks from various sectors with a view to generating capital appreciation over the long term.
The scheme will allocate a minimum of 35% and a maximum of 65% of its assets in large and mid-cap stocks, respectively. It may also invest a small portion of its portfolio in equity and equity-related instruments other than large and mid cap companies or in fixed-income securities and units issued by REITs and InvITs.
The scheme follows a moat investment strategy, whereby it will identify and focus on companies that have a track record of good performance, a distinct competitive advantage over their peers and the capability to safeguard and build on this competitive edge. Bajaj Finserv Asset Management Limited also follows its inhouse INQUBE philosophy framework which combines information, analysis and behavioural factors in investment strategy.
Individuals can invest in the Bajaj Finserv Large and Mid Cap Fund via SIP or lumpsum. SIP investments start from Rs. 500.
FAQ
Frequently Asked Questions
You can invest in Bajaj Finserv Large and Mid Cap Fund either online or offline. Offline mode: You can invest by meeting distributors or brokers in person. Online Mode: You can invest through your Demat and online trading account. You can also go to Bajaj Finserv AMC’s investor portal and create an online account to invest. Click here to invest now.
Investing in large and mid-cap funds offers several potential advantages. These funds aim to combine the relative stability of large-cap companies with the growth potential of mid-cap companies within a single fund.
The allocation between large-cap and mid-cap companies within the large and mid-cap funds category is determined by the fund manager and is subject to minimum 35% of total assets in both large cap stocks and mid cap stocks. Investors cannot directly customize this allocation.
Investors seeking long-term growth and capital appreciation can consider investing in Bajaj Finserv Large and Mid Cap Fund owing to its diversified portfolio, high active share, and commitment to a low turnover portfolio.
Capital gains and dividends from a large and mid cap mutual fund attracts taxation. If held for over a period of 12 months, it incurs a 10% long-term capital gains tax. If held for less than a year, it incurs a 15% short-term capital gains tax. Dividends from these funds are taxed based on the investor's income tax slab.
Yes, you can invest in Bajaj Finserv Large and Mid Cap Fund through both SIP and lumpsum mode. To calculate your SIP or lumpsum amount, you can make use of an SIP calculator or a lumpsum calculator respectively.
Diversification: The fund balances stability and growth by investing across large and mid-cap segments, spreading risk across sectors and market sizes.
Growth-oriented: Emphasizes growth potential from mid-caps and stability from large-caps with economic moats, aiming for sustained growth.
High active share: Deviates from index-hugging strategies to make independent investment decisions, potentially outperforming by reacting dynamically to market changes.
Low turnover portfolio: Minimizes transaction costs and potential tax implications for by holding stocks for the long term, focusing on companies with enduring competitive advantages and growth potential.
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