Bajaj Finserv Banking and Financial Services Fund

Equity

Regular Growth

NAV	Risk Type
₹--.-- as on 8-05-2025	Very High

Invest Now

This is an equity fund with NIFTY Financial Services TRI as its benchmark. The risk level for this fund is categorised as Very High.

Category of Scheme

Sectoral Fund

Benchmark

NIFTY Financial Services TRI

Min. SIP Amount

₹500

Benefits of investing in Bajaj Finserv Banking and Financial Services Fund

Going beyond banks

The fund will expand beyond traditional banking and will also invest in NBFCs, insurers, AMCs, and fintech companies, among others.

Rapidly growing sector

India’s Banking and Financial Services sector is transforming at an unprecedented pace, with a nearly 50X increase in market capitalization* over the past two decades.
Source: MOFSL Report as published in April 2025.

Megatrends strategy

The fund will invest in long-term structural shifts powering this sector, such as UPI adoption, financial inclusion, fintech innovation, and a growing insurance industry.

Investment Objective

The objective of the Scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies engaged in Banking and Financial Services.

However, there is no assurance that the investment objective of the Scheme will be achieved.

About Bajaj Finserv Banking and Financial Services Fund

The Bajaj Finserv Banking and Financial Services Fund is an equity scheme that invests in companies across the Banking, Financial Services, and Insurance (BFSI) sectors. Unlike conventional funds that primarily focus on lending businesses, this fund takes a broader approach by including banks, NBFCs, insurance providers, fintech players, and capital market institutions in its portfolio.

The fund follows a Megatrends strategy, aiming to identify and invest in emerging opportunities driven by:

Rising digital payment adoption
Expanding financial inclusion
Growing demand for banking and financial products
Increasing insurance penetration
Rapid innovation in financial technology

By focusing on these structural growth drivers, the fund seeks to build a diversified portfolio positioned to tap into India’s financial transformation story over the long term.

Asset Allocation

Instruments	Indicative allocations (% of total assets)
Instruments	Minimum	Maximum
Equity and Equity related instruments of companies engaged in Banking and Financial Services sector# or allied activities	80%	100%
Equity and Equity Related securities of companies other than in Banking and Financial services sector# or allied activities	0%	20%
Debt and Money Market Instruments* and Units of Mutual Fund schemes	0%	20%
Units issued by REITs and InvITs	0%	10%

*Debt instruments shall be deemed to include securitized debts (excluding foreign securitized debt). 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.

WHO IS THIS FUND FOR?

Investors with higher risk appetite and investment horizon of 5+ years
Investors seeking long term wealth creation through the growth story of Indian Financial Services Sector.
Investors looking to diversify their core portfolios through investment in financial services sector

Fund Managers

Nimesh Chandan

Chief Investment Officer

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Sorbh Gupta

Head – Equity

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Siddharth Chaudhary

Head – Fixed Income

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Fund Details

Type of Scheme

Bajaj Finserv Banking And Financial Services Fund

An open ended equity scheme investing in Banking and Financial Services sector

Minimum Additional Purchase Amount

On Ongoing basis

Rs. 100/- and in multiples of Re. 1/- thereafter.

Minimum Redemption/switch out amount

Rs. 500 and in multiples of Re. 0.01/- or the account balance of the investor, whichever is less.

Minimum Application Amount

During ongoing offer:

Fresh Purchase (lumpsum): Rs. 500/- and in multiples of Re. 1/- thereafter Systematic Investment Plan (SIP): Rs. 500 and above: minimum 6 instalments. Minimum amount for switch-in: Rs. 500 and in multiples of Re. 1.
Two-Factor Authentication will be applicable for subscription as well as redemption transactions in the units of Mutual Fund.
For more information, please refer SAI.

Load Structure/Lock-In Period

Entry Load:Nil

Exit Load:

Particulars	Upto 10% of units held
if units are redeemed / switched out within 3 months from the date of allotment	1% of applicable NAV.
if units are redeemed/switched out after 3 months from the date of allotment	Nil

Plan

Bajaj Finserv Banking and Financial Services Fund – Direct Plan
Bajaj Finserv Banking and Financial Services Fund – Regular Plan

Options/Sub-Option

Options:Growth
Option Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option, Reinvestment of Income Distribution cum Capital Withdrawal suboption and Transfer of Income Distribution cum Capital Withdrawal sub-option.
The Scheme will have a common portfolio across various Plans/Options/Sub-options. Investors are requested to note that Growth and IDCW Option (Payout, Reinvestment and Transfer) under Regular and Direct Plans will have different NAVs. These NAVs will be separately declared.
In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the application shall be processed under Direct Plan. The AMC shall endeavour on best effort basis to obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor. In case the correct code is received within 30 calendar days, the AMC shall reprocess the transaction under Regular Plan from the date of application without any exit load.
Bajaj Finserv Banking and Financial Services Fund - Direct Plan is only for investors who purchase /subscribe units in a Scheme directly with the Fund.
Default option will be Growth Option.
Default sub-option will be Reinvestment of Income Distribution cum capital withdrawal sub-option.
For detailed disclosure on default plans and options, kindly refer SAI.

Product Label and Riskometer

This product is suitable for investors who are seeking*:

wealth creation over long term
to invest predominantly in equity and equity related securities of companies engaged in banking and financial services.

*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)

Banking and Financial Services Funds: Overview

However, the sector’s performance can be influenced by interest-rate movements, credit cycles, regulatory changes, and overall economic conditions. As a result, Banking and Financial Services Funds tend to carry higher sector-concentration risk compared with diversified equity funds. Such funds may be suitable for investors who have a high-risk appetite, understand sector dynamics, and seek opportunities aligned with India’s long-term economic growth. They are typically suitable as a satellite allocation in a broader portfolio.

By focusing on these structural growth drivers, the fund seeks to build a diversified portfolio positioned to tap into India’s financial transformation story over the long term.

Why invest in banking, financial services and insurance sector now?

The sector is seeing rapid transformation, led by policy reforms and increased demand for banking and financial services.
People and businesses across urban and rural areas are using more loans, insurance, and digital financial services.
Initiatives such as UPI and Jan Dhan are boosting financial inclusion, while non-banking financial companies (NBFCs) and fintech platforms are also offering new ways to reach customers.
India is moving towards becoming the world’s third-largest economy by 2030*, of which the BFS sector is expected to be a key driver.
The banking and financial services sector is expected to be one of the key drivers of the country’s growth.
The sector’s valuations are currently below their 14-year average, creating a potentially favourable entry point.

*Source: Centre for Economics and Business Research (CEBR).

What types of investors may consider a banking and financial services fund?

A banking and financial services fund may be suitable for investors who understand market cycles, follow sectoral trends and are comfortable with short-term ups and downs for potentially better long-term gains.

It may also appeal to investors who believe in the potential of India’s journey towards financial inclusion through growing rural credit, digital banking, rising insurance coverage and more.

Such a fund may also be considered as a tactical part of a diversified portfolio that also includes broad market funds and debt or hybrid funds.

A long investment horizon of five years or more is generally suitable for such funds.

Frequently Asked Questions

Equity funds tend to be volatile and sectoral and thematic risks carry higher concentration risk because they are exposed to sector-specific risks. So, this fund may be suitable with those for a higher risk appetite, knowledge of sectoral trends, and targeted exposure to the banking and financial services sector. It may also be considered as a part of a diversified portfolio that also has some broad market funds.

Yes, many equity mutual funds allow you to start investing in instalments of Rs. 500 through an SIP (Systematic Investment Plan).

This fund invests mainly in one sector—banking and finance—whereas regular mutual funds usually spread your money across many sectors.

All equity mutual funds require a long investment horizon to manage risks and benefit from potential sector growth.

No. Returns depend on how the financial sector performs. Mutual fund returns are neither fixed nor guaranteed.

The Bajaj Finserv Banking and Financial Services Fund offers exposure to India’s BFSI sector, which includes banks, NBFCs, insurance companies, and fintech firms. Whether this fund suits an investor depends on their financial goals, risk appetite, and investment horizon. Investors are advised to consult a financial advisor before making investment decisions.

Investors who prefer to make and manage their investments independently can invest directly with the asset management company under the direct plan. Since there are no commission costs, the expense ratio for the direct plan is relatively lower, which can result in slightly higher net returns over time.