{
"debt": "Debt/Cash 100%",
"equity": "Equity 0%",
"BPRGG": {
"nav": "10000",
"date": "31-10-2025",
"since": {
"bajajflexi": "8.08",
"bajajsmall": "7.75",
"bajajnifty": "8.93"
},
"6_month_ago": {
"bajajflexi": "7.87",
"bajajsmall": "7.69",
"bajajnifty": "7.66"
}
},
"BPDGG": {
"nav": "10001",
"date": "31-10-2025",
"since": {
"bajajflexi": "8.68",
"bajajsmall": "7.75",
"bajajnifty": "8.93"
},
"6_month_ago": {
"bajajflexi": "8.46",
"bajajsmall": "7.69",
"bajajnifty": "7.66"
}
}
}

Bajaj Finserv Banking and PSU Fund

Debt

Regular Growth

Direct Growth

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

For -

Since Inception

1 Year

As on 28-02-2024

Bajaj Finserv Banking and PSU Fund

26.48%

NIFTY Banking & PSU Debt Index A-II

15.83%

CRISIL 10 year Gilt Index

15.83%

Invest Now

This is a debt fund with Nifty Banking and PSU Debt Index A-II as its benchmark. The risk level for this fund is categorised as Moderate.

Total AUM

₹334.38 crores

as on 31-10-2025

Benchmark

NIFTY Banking & PSU Debt Index A-II

Min. SIP Amount

₹1000

Inception Date

13-11-2023

Benefits of investing in Bajaj Finserv Banking and PSU Fund

Credit quality

We endeavor to invest in high-credit-rated AAA bonds, ensuring your investment’s credit quality.

Performance potential

Riding the yield curve from around the 5-year maturity profile, optimizing the performance potential for the unit of risk taken.

Expertise

Our team brings together years of experience navigating the complex world of fixed income investments.

Investment Objective

To generate income by predominantly investing in debt & money market securities issued by banks, public sector undertaking (PSUs), public financial institutions (PFI), municipal bonds and reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and/or any security unconditionally guaranteed by the Govt. of India.

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

About the Bajaj Finserv Banking and PSU Fund

Bajaj Finserv Banking and PSU Fund invests primarily in debt and money market securities issued by banks, public sector undertakings, public financial institutions, municipal corporations and the like.

Bajaj Finserv Banking and PSU Fund may be suitable for investors seeking the potential for income or relatively stable returns in the short-to-medium term. It may also be considered by investors seeking to diversify from traditional fixed income instruments to potentially earn returns while taking moderate risk.

Asset Allocation Pattern

Instrument: Debt and money market instruments of banks, public
sector undertakings, public financial institutions and municipal bonds
Indicative allocation: Maximum 100%, minimum 80%,Risk Profile: Low to moderate

Instrument: Debt and money market securities (including government securities) issued by entities other
than banks, public sector undertakings, public financial institutions and municipal bonds
Indicative allocation: Maximum 20%, minimum 0%
Risk Profile: Low to moderate

Public sector entities/undertakings to include those entities:
•In which the Government of India/a State Government has at least 51% shareholding (directly or indirectly).
•Notified/qualifying as public sector entities, in accordance with norms/notified by Government of India/a State Government.
•The debt of which is guaranteed by Government of India/a State Government.

Portfolio - Current Allocation

Top Holding

Top Holdings

Small Industries Dev Bank of India

10.52%

Food Corporation Of India

9.17%

National Bank For Agriculture and Rural Development

8.99%

Indian Railway Finance Corporation Limited

7.87%

REC Limited

7.87%

National Highways Authority Of India

7.73%

Credit rating profile

AAA/A1+

85.44%

Sovereign

6.96%

Corporate Debt Market Development Fund

0.12%

Reverse Repo / TREPS & Net Current Assets

7.48%

Instrument break-up

corporate bond

85.44%

Government Bond

6.05%

Reverse Repo / TREPS

5.15%

Cash & Cash Equivalent

2.33%

State Government Bond

0.91%

Corporate Debt Market Development Fund Class A2

0.12%

See All Holdings

As on 31-10-2025

Historical Returns (as per SEBI format) As on 31-10-2025

Tenors	CAGR		Current value of ₹10,000 Invested
Tenors	Since Inception	1Y	Since Inception	1Y
Bajaj Finserv Banking and PSU Fund	8.08%	7.87%	11,652	10,787
NIFTY Banking & PSU Debt Index A-II	7.75%	7.69%	11,582	10,769
CRISIL 10 year Gilt Index	8.93%	7.66%	11,833	10,766

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: 13^th November 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.

Portfolio Parameters As on 31-10-2025

YTM	6.75%
Average Maturity	3.81 Years
Macaulay Duration	3.3 Years
Modified Duration	3.11 Years

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 in Bajaj Finserv Banking and PSU Fund?

Individuals seeking to construct a foundational debt portfolio for short to medium-term investment horizon.
Individuals dissatisfied with the performance of traditional fixed-income options.
Investors interested in diversifying their portfolio across various debt investments apart from other traditional banking products.
Individuals who want relatively stable investment option for their capital.

Fund Managers

Nimesh Chandan

Chief Investment Officer

View in detail

Siddharth Chaudhary

Head – Fixed Income

View in detail

Fund Details

Type of Scheme

An open ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds with relatively high interest rate risk and moderate credit risk.

Minimum Application Amount

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

Load Structure/Lock-In Period

Entry Load - Not applicable
Exit Load - Nil

Total Expense Ratio (TER)

Click Here

to view Total Expense Ratio

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

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 to medium term
Investment primarily in securities issued by Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations and such other bodies

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

Documents

Presentation

Application Form

Scheme Information Document (SID)

Key Information Memorandum (KIM)

Statement of Additional Information (SAI)

One Pager

Banking and PSU Funds: Overview

Banking and PSU Funds are debt mutual funds that invest primarily in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

The objective of a Banking and PSU Fund is to offer the potential for relatively stable returns from fixed income instruments. Banking and PSU Funds may be suitable for investors with a moderate risk appetite looking for a relatively stable debt option with the potential to deliver better returns than very short-term categories. They can be used for medium-term financial goals, portfolio diversification, or as part of a fixed-income allocation.

Individuals can invest in such funds via SIP or lumpsum.

Bajaj Finserv Banking and PSU Fund - Regular & Direct Plans

This scheme is available through two plan options to suit different investor preferences.

Direct Plan

A direct plan is made for investors who prefer to invest without involving a distributor. Here, there are no commission charges involved, this means that the expense ratio is lower, and this cam result in slightly higher potential returns in the long term.

Regular Plan

In this plan, you get the assistance of a mutual fund distributor who helps you in scheme selection as well as ongoing transactions. While the expense ratio is marginally higher to account for distribution costs, the guided support can help align your investments with your goals and prferences.

How to invest in Bajaj Finserv Banking and PSU Fund

You can invest in the scheme using either of the following modes.

Offline mode: You can invest via a distributor who will help fill and submit the application form. If investing directly, you can submit the form at any of the AMC’s Official Points of Acceptance (OPATs).
Online mode: You can invest via your demat account or trading platform. Alternatively, you can create an account on the Bajaj Finserv AMC investor portal and complete your investment digitally.

Taxation on Bajaj Finserv Banking and PSU Fund

Since this is a debt-oriented fund, it is taxed as per the rules applicable to debt mutual funds. For all units purchased after April 2023, capital gains are added to your taxable income and taxed as per applicable slab rates, regardless of holding period.

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Frequently Asked Questions

Banking and PSU mutual funds invest predominantly in debt instruments of banks, public sector undertakings and public financial institutions. They are relatively stable and have the potential to offer modest returns in the short-to-medium term.

All mutual fund investments are subject to market risk. Banking and PSU funds offer relative stability of capital but do entail low-to-moderate risk. They have low credit risk because they invest in high quality securities, including government-backed ones. However, because of the relatively long maturity of the underlying securities, they are exposed to interest rate risk – the risk that the value of a security in the secondary market may fall because of a rise in interest rates in the economy.

Yes, banking & PSU debt schemes are relatively stable as they invest in debt securities of banks and PSUs that are government-backed or owned.

These funds do not have a lock-in period. They are suitable for investors with a short to medium term investment horizon.

You can either visit the AMC website or take assistance from a broker or intermediary platform and invest in this fund through SIP or lumpsum.

NAVs are updated on every business day. Please refer to the AMC’s website or your investment platform for the latest value.

AUM changes periodically. Visit the official fund page or view the latest factsheet for up-to-date data.

The fund’s risk classification is disclosed as per SEBI’s Riskometer. Please check the latest fund disclosures for current information.

Holdings vary depending on market conditions. You can find the latest monthly portfolio on the AMC website.

The fund primarily invests in Debt and money market instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds and Debt and money market securities (including government securities) issued by entities other than banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. For details, refer to the latest scheme factsheet.

Returns fluctuate based on market dynamics and interest rates. Check the latest fund performance data on the AMC site or financial portals or the latest factsheet.

There is no mandatory lock-in. However, exit load (if any) may apply. Please refer to the Scheme Information Document for full terms.

The expense ratio may vary between Direct and Regular plans. For current figures, view the latest fund factsheet or AMC website.

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Small Industries Dev Bank of India	10.52
Food Corporation Of India	9.17
National Bank For Agriculture and Rural Development	8.99
Indian Railway Finance Corporation Limited	7.87
REC Limited	7.87
National Highways Authority Of India	7.73
Kotak Mahindra Prime Limited	7.51
Power Finance Corporation Limited	7.43
Housing & Urban Development Corporation Limited	3.15
National Housing Bank	3.08
7.02% GOI (MD 18/06/2031)	3.08
Export Import Bank of India	3.04
Bajaj Finance Limited	3.00
NTPC Limited	2.97
6.01% GOI (MD 21/07/2030)	2.97
Power Grid Corporation of India Limited	1.63
National Bank For Financing Infrastructure And Development	1.48
7.11% Maharashtra SDL (MD 31/07/2029)	0.91

Bajaj Finserv Banking and PSU Fund

Total AUM

Benchmark

Min. SIP Amount

Inception Date

Benefits of investing in Bajaj Finserv Banking and PSU Fund

Investment Objective

About the Bajaj Finserv Banking and PSU Fund

Asset Allocation Pattern

Portfolio - Current Allocation

Historical Returns (as per SEBI format) As on 31-10-2025

Portfolio Parameters As on 31-10-2025

Who should invest in Bajaj Finserv Banking and PSU Fund?

Fund Managers

Fund Details

Type of Scheme

Minimum Application Amount

Load Structure/Lock-In Period

Total Expense Ratio (TER)

Options/Sub-Option

Potential Risk Class (PRC)

Product Label and Riskometer

This product is suitable for investors who are seeking*:

Documents

Banking and PSU Funds: Overview

Bajaj Finserv Banking and PSU Fund - Regular & Direct Plans

Direct Plan

Regular Plan

How to invest in Bajaj Finserv Banking and PSU Fund

Taxation on Bajaj Finserv Banking and PSU Fund

Explore Related Debt Funds

Explore All Schemes

Frequently Asked Questions

What is a banking and PSU mutual fund?

Are banking and PSU funds safe?

Is banking and PSU fund investment a stable option?

Does banking and PSU fund come with a lock-in period?

How to invest in banking and PSU funds?

What is the current NAV of Bajaj Finserv Banking and PSU Fund?

What is the AUM of Bajaj Finserv Banking and PSU Fund?

What is the Riskometer level of Bajaj Finserv Banking and PSU Fund?

What are the top holdings of Bajaj Finserv Banking and PSU Fund?

What is the asset allocation of Bajaj Finserv Banking and PSU Fund?

How are the returns of Bajaj Finserv Banking and PSU Fund?

Is there any lock-in period for Bajaj Finserv Banking and PSU Fund?

What is the expense ratio of Bajaj Finserv Banking and PSU Fund?

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