Bajaj Finserv Banking and PSU Debt Fund
- NAV as on 23 Sep 2026
- ₹12.05+0.01%1 day
- Return since launch
- 6.7%
- 52-week range
- ₹11.54 — ₹12.06
- AUM
- ₹368 Cr
Bajaj Finserv Banking and PSU Debt Fund is a Banking and PSU debt fund from Bajaj Finserv Mutual Fund with ₹368 Cr under management, launched in 2023. The expense ratio is 0.88% and the SEBI riskometer reading is Low to Moderate.
Performance
Bajaj Finserv Banking and PSU Debt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.4% against +4.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.5% | −0.3 pts | 4.9% | 5.0% |
| 2Y | 5.2% | −0.3 pts | 5.5% | 5.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 0.9% | −0.1 pts | 1.0% | 1.0% |
| 6M | 2.9% | −0.1 pts | 3.0% | 3.1% |
| 1Y | 4.4% | −0.5 pts | 4.9% | 4.9% |
| 2Y | 5.9% | −0.3 pts | 6.2% | 6.2% |
Since launch (25 Oct 2023): 6.7%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.4% | −0.4 pts | 7.7% |
| 2024 | 7.7% | −0.4 pts | 8.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.89%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.75%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.13%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Banking & PSU Debt Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
Portfolio
Bajaj Finserv Banking and PSU Debt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt97.8%
- Other2.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 17.89% | ₹65.92 Cr | +1.02% | +0.93% | +0.81% |
| National Bank For Agriculture & Rural Development | Financial | 9.47% | ₹34.87 Cr | +4.89% | +4.56% | +30.93% |
| REC Ltd. | Financial | 6.93% | ₹25.54 Cr | +8.36% | +7.81% | +7.12% |
| National Highways Authority of India Ltd. | Services | 6.85% | ₹25.22 Cr | +8.18% | +7.68% | — |
| Power Finance Corporation Ltd. | Financial | 6.77% | ₹24.94 Cr | — | — | +6.68% |
| Food Corporation of India | Consumer Staples | 6.75% | ₹24.86 Cr | +8.14% | +7.59% | +3.44% |
| company:1412 | Financial | 6.75% | ₹24.87 Cr | — | — | — |
| Kotak Mahindra Prime Ltd. | Financial | 6.71% | ₹24.70 Cr | +8.04% | +7.50% | — |
| company:5434 | Financial | 6.67% | ₹24.56 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.65% | ₹24.48 Cr | +7.98% | +7.43% | +6.86% |
| Housing & Urban Development Corporation Ltd. | Financial | 2.78% | ₹10.26 Cr | +3.34% | +3.12% | +7.09% |
| Tata Capital Housing Finance Ltd. | Financial | 2.71% | ₹9.97 Cr | +3.26% | — | — |
| Export-Import Bank Of India | Financial | 2.68% | ₹9.89 Cr | +3.21% | +3.01% | +6.83% |
| Power Grid Corporation Of India Ltd. | Energy | 1.43% | ₹5.26 Cr | +1.71% | +1.61% | +3.68% |
| company:4578 | Sovereign | 1.39% | ₹5.11 Cr | — | +6.18% | +6.93% |
| Maharashtra State | Others | 0.82% | ₹3.01 Cr | +0.98% | +0.91% | +2.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| L&T Finance Ltd. | 6.80% | 0.00% | -6.80% |
| company:1412 | 0.00% | 6.75% | +6.75% |
| company:5434 | 0.00% | 6.67% | +6.67% |
| Bank Of Baroda | 6.52% | 0.00% | -6.52% |
| National Bank For Agriculture & Rural Development | 1.35% | 6.78% | +5.43% |
| NTPC Ltd. | 2.63% | 0.00% | -2.63% |
| company:4578 | 0.00% | 1.39% | +1.39% |
| Axis Bank Ltd. | 1.35% | 0.00% | -1.35% |
| National Bank For Financing Infrastructure And Development | 1.32% | 0.00% | -1.32% |
| Food Corporation of India | 6.80% | 6.75% | -0.05% |
| National Highways Authority of India Ltd. | 6.87% | 6.85% | -0.02% |
| REC Ltd. | 6.95% | 6.93% | -0.02% |
| Export-Import Bank Of India | 2.70% | 2.68% | -0.02% |
| Others | 0.28% | 0.29% | +0.01% |
| Kotak Mahindra Prime Ltd. | 6.70% | 6.71% | +0.01% |
| Small Industries Devp. Bank of India Ltd. | 6.66% | 6.65% | -0.01% |
| Housing & Urban Development Corporation Ltd. | 2.78% | 2.78% | 0.00% |
| Maharashtra State | 0.82% | 0.82% | 0.00% |
| Power Finance Corporation Ltd. | 6.77% | 6.77% | 0.00% |
| Power Grid Corporation Of India Ltd. | 1.43% | 1.43% | 0.00% |
| Tata Capital Housing Finance Ltd. | 2.71% | 2.71% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,539 Cr | 0.63% | 5.7% | 6.6% | 6.7% |
 Bandhan Banking and PSU Debt Fund | ₹12,014 Cr | 0.68% | 5.9% | 6.5% | 6.5% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,667 Cr | 0.74% | 5.3% | 6.4% | 6.7% |
 Kotak Banking and PSU Debt Fund | ₹4,937 Cr | 0.75% | 5.0% | 6.3% | 6.5% |
 UTI Banking & PSU Debt Fund | ₹1,508 Cr | 0.47% | 6.3% | 6.9% | 7.2% |
 Franklin India Banking & PSU Debt Fund | ₹567 Cr | 0.49% | 6.0% | 6.9% | 6.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Nimesh ChandanMr. Chandan is an MBA in Finance.He has good years of experience in capital markets. Prior to joining Bajaj Finserv Mutual Fund, he had been with Canara Robeco MF, ICICI Prudential MF, SBI MF and Aditya Birla Sun Life AMC as fund manager and has also worked with Stratcap Securities and Darashaw and Company.
- Siddharth ChaudharyMr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).Prior to joining Bajaj Finserv Mutual Fund, he has worked with Sundaram Mutual Fund and Indian Bank.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.89% absolute | ₹60,000 | ₹61,734 | 2.89% | |
| 1 year4.41% annualised | ₹1,20,000 | ₹1,22,905 | 2.42% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.