Money Market Funds are a category of debt mutual funds that invest in short-term, high-quality money market instruments such as treasury bills, commercial papers, certificates of deposit, and other low-duration debt securities. These instruments have maturities of up to one year, which helps manage interest rate risk while aiming for reasonable return potential.
Money market funds offer investors a relatively stable and liquid avenue for short-term investment needs. They may be used for parking surplus cash for a few months. Because they invest in high-quality issuers, these funds generally carry lower credit risk, though all market-linked investments involve some degree of risk.
Money market funds may be suitable for investors who have a short investment horizon, want relatively quick access to their money, and seek the potential for modest returns. You can invest in money market funds through lumpsum as well as Systematic Investment Plan or SIP).
Bajaj Finserv Money Market Fund - Regular & Direct Plans
When investing in the Bajaj Finserv Money Market Fund, you can opt for either a Direct Plan or a Regular Plan, depending on your preferences and investment approach.
Regular Plan
In this plan, you invest through a distributor who offers guidance on scheme selection and handles the application process. To compensate for the distributor’s services, the plan comes with a higher expense ratio. However, the distributor's support can be valuable in aligning your investment choices with your financial goals and risk appetite, and in managing transactions like purchases and redemptions.
Direct Plan
This option is meant for investors who are comfortable making decisions independently, without the involvement of a distributor. Since there is no distributor involved, the expense ratio for this plan is lower. Over time, the reduced cost structure can potentially lead to slightly higher returns.
How to invest in Bajaj Finserv Money Market Fund
You can invest in the Bajaj Finserv Money Market Fund through both online and offline modes.
Offline Mode
If you're investing via a distributor, they will provide the application form, help you fill it out, and submit it on your behalf. Alternatively, if you prefer to invest directly with the AMC, you can submit the application form at any of its official points of acceptance.
Online Mode
Investments can be made through your distributor or through the direct plan. You can invest through your Demat or online trading account. You can also invest through the Bajaj Finserv AMC investor portal. invest now.
Taxation on Bajaj Finserv Money Market Fund
The Bajaj Finserv Money Market Fund is taxed as per the latest rules for debt mutual funds. For investments made on or after April 1, 2023, all capital gains, regardless of the holding period, are added to your total income and taxed according to your applicable income tax slab.
This means there is no distinction between short-term and long-term capital gains , and indexation benefits are no longer available. Investors should consider their tax bracket before investing and consult a financial advisor to understand the impact of taxation on their overall returns.
Explore Related Debt Funds
Explore All Schemes
Home
Contact Us
Login
Downloads
Schemes