Bajaj Finserv Money Market Fund
- NAV as on 25 Sep 2026
- ₹1,233.580.00%1 day
- Return since launch
- 6.8%
- 52-week range
- ₹1,165.32 — ₹1,233.73
- AUM
- ₹5,326 Cr
Bajaj Finserv Money Market Fund is a Money Market debt fund from Bajaj Finserv Mutual Fund with ₹5,326 Cr under management, launched in 2023. Over three years it has returned 6.5% a year, against 7.0% for its category. The expense ratio is 0.78% and the SEBI riskometer reading is Low to Moderate.
Performance
Bajaj Finserv Money Market Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.8% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.1% | −0.1 pts | 6.2% | 6.6% |
| 2Y | 6.2% | −0.4 pts | 6.6% | 6.7% |
| 3Y | 6.5% | −0.5 pts | 7.0% | 6.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.4% | −0.1 pts | 1.5% | 1.5% |
| 6M | 3.3% | −0.2 pts | 3.5% | 3.5% |
| 1Y | 5.8% | −0.4 pts | 6.2% | 6.3% |
| 2Y | 6.6% | −0.3 pts | 6.9% | 7.0% |
| 3Y | 6.7% | −0.3 pts | 7.0% | 7.1% |
Since launch (17 Jul 2023): 6.8%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.9% | −0.6 pts | 7.5% |
| 2024 | 7.1% | −0.5 pts | 7.6% |
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
0.78%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.65%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.12%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Money Market Index A-I
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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.57 | 2.50 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.35 | 3.56 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.54 | 0.54 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bajaj Finserv Money Market Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt102.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 8.51% | ₹455 Cr | +1.02% | +0.90% | +0.66% |
| Standard Chartered Investment & Loan India. Ltd. | Financial | 2.30% | ₹122 Cr | — | — | — |
| Bank Of Baroda | Financial | 1.83% | ₹97.38 Cr | +1.05% | +0.94% | +0.74% |
| Kotak Mahindra Bank Ltd. | Financial | 1.82% | ₹97.08 Cr | +1.05% | +0.94% | +0.74% |
| National Bank For Agriculture & Rural Development | Financial | 1.82% | ₹96.76 Cr | +2.08% | +1.00% | +0.37% |
| Union Bank of India | Financial | 1.82% | ₹96.69 Cr | +2.08% | +5.66% | +2.98% |
| Canara Bank | Financial | 1.77% | ₹94.41 Cr | +1.05% | +0.94% | +0.74% |
| ICICI Bank Ltd. | Financial | 1.37% | ₹73.01 Cr | +1.57% | +0.94% | — |
| HDFC Bank Ltd. | Financial | 1.36% | ₹72.62 Cr | +1.04% | +0.49% | +2.21% |
| ICICI Securities Ltd. | Financial | 1.36% | ₹72.51 Cr | +0.55% | +2.00% | +0.74% |
| Jio Credit Ltd. | Financial | 1.36% | ₹72.24 Cr | +1.55% | — | — |
| Reserve Bank of India | Financial | 1.34% | ₹71.29 Cr | +0.53% | +3.34% | +0.72% |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.34% | ₹71.44 Cr | +4.14% | +3.00% | +2.22% |
| company:5849 | Others | 1.14% | ₹60.65 Cr | — | — | +1.00% |
| Karnataka State | Others | 0.95% | ₹50.51 Cr | — | — | +0.77% |
| Axis Bank Ltd. | Financial | 0.92% | ₹48.97 Cr | +0.54% | +0.98% | +0.73% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.92% | ₹49.17 Cr | +1.06% | +0.95% | +0.72% |
| Aditya Birla Capital Ltd. | Financial | 0.91% | ₹48.49 Cr | +1.04% | +0.94% | — |
| Indian Bank | Financial | 0.91% | ₹48.65 Cr | +1.05% | +1.96% | +1.11% |
| LIC Housing Finance Ltd. | Financial | 0.91% | ₹48.26 Cr | +1.04% | — | — |
| Punjab National Bank | Financial | 0.91% | ₹48.29 Cr | +2.15% | +0.50% | +3.32% |
| Tata Capital Ltd. | Financial | 0.91% | ₹48.23 Cr | +1.04% | — | — |
| company:4789 | Financial | 0.91% | ₹48.30 Cr | +0.52% | — | — |
| Kotak Mahindra Prime Ltd. | Financial | 0.90% | ₹48.05 Cr | +1.03% | +0.50% | +0.37% |
| L&T Finance Ltd. | Financial | 0.90% | ₹48.09 Cr | +1.03% | +0.50% | +0.37% |
| Muthoot Finance Ltd. | Financial | 0.90% | ₹48.06 Cr | +1.03% | +0.50% | +0.37% |
| Sundaram Finance Ltd. | Financial | 0.90% | ₹48.16 Cr | +1.04% | — | — |
| company:7990 | Financial | 0.89% | ₹47.19 Cr | — | +1.00% | — |
| Export-Import Bank Of India | Financial | 0.47% | ₹24.97 Cr | +0.52% | +0.49% | +1.49% |
| Gujarat State | Construction | 0.47% | ₹25.27 Cr | +0.22% | +1.01% | +0.77% |
| Maharashtra State | Others | 0.47% | ₹25.07 Cr | +0.55% | +0.50% | +0.39% |
| Birla Group Holdings Pvt. Ltd. | Financial | 0.46% | ₹24.28 Cr | +0.52% | +0.47% | +1.11% |
| Axis Securities Ltd. | Others | 0.45% | ₹24.15 Cr | +0.52% | +0.47% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bharat Petroleum Corporation Ltd. | 2.23% | 0.00% | -2.23% |
| Small Industries Devp. Bank of India Ltd. | 2.68% | 0.90% | -1.78% |
| Kotak Mahindra Bank Ltd. | 0.54% | 1.82% | +1.28% |
| Bank Of Baroda | 0.56% | 1.83% | +1.27% |
| Punjab National Bank | 2.15% | 0.91% | -1.24% |
| company:5849 | 0.00% | 1.14% | +1.14% |
| NTPC Ltd. | 1.11% | 0.00% | -1.11% |
| company:4789 | 0.00% | 0.91% | +0.91% |
| company:7990 | 0.00% | 0.89% | +0.89% |
| Reserve Bank of India | 0.55% | 1.34% | +0.79% |
| Canara Bank | 1.05% | 1.77% | +0.72% |
| Standard Chartered Investment & Loan India. Ltd. | 2.72% | 2.30% | -0.42% |
| Sundaram Finance Ltd. | 0.53% | 0.90% | +0.37% |
| National Bank For Agriculture & Rural Development | 2.15% | 1.82% | -0.33% |
| HDFC Bank Ltd. | 1.61% | 1.36% | -0.25% |
| ICICI Bank Ltd. | 1.62% | 1.37% | -0.25% |
| ICICI Securities Ltd. | 1.60% | 1.36% | -0.24% |
| Jio Credit Ltd. | 1.60% | 1.36% | -0.24% |
| Karnataka State | 1.13% | 0.95% | -0.18% |
| Aditya Birla Capital Ltd. | 1.08% | 0.91% | -0.17% |
| Axis Bank Ltd. | 1.09% | 0.92% | -0.17% |
| Cholamandalam Investment and Finance Company Ltd. | 1.09% | 0.92% | -0.17% |
| Kotak Mahindra Prime Ltd. | 1.07% | 0.90% | -0.17% |
| L&T Finance Ltd. | 1.07% | 0.90% | -0.17% |
| Muthoot Finance Ltd. | 1.07% | 0.90% | -0.17% |
| LIC Housing Finance Ltd. | 1.07% | 0.91% | -0.16% |
| Tata Capital Ltd. | 1.07% | 0.91% | -0.16% |
| Union Bank of India | 1.07% | 0.91% | -0.16% |
| Gujarat State | 0.61% | 0.47% | -0.14% |
| Indian Bank | 1.05% | 0.91% | -0.14% |
| Maharashtra State | 0.56% | 0.47% | -0.09% |
| Axis Securities Ltd. | 0.54% | 0.45% | -0.09% |
| Birla Group Holdings Pvt. Ltd. | 0.54% | 0.46% | -0.08% |
| Export-Import Bank Of India | 0.54% | 0.47% | -0.07% |
| Others | 0.35% | 0.29% | -0.06% |
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 | ₹21,840 Cr | 0.33% | 6.7% | 7.0% | 7.0% |
 Tata Money Market Fund | ₹34,511 Cr | 0.40% | 6.7% | 7.0% | 7.0% |
 Aditya Birla Sun Life Money Market Fund | ₹29,877 Cr | 0.37% | 6.8% | 7.0% | 7.1% |
 Axis Money Market Fund | ₹21,405 Cr | 0.35% | 6.7% | 7.0% | 7.0% |
 UTI Money Market Fund | ₹19,468 Cr | 0.24% | 6.7% | 7.1% | 7.1% |
 Franklin India Money Market Fund | ₹3,937 Cr | 0.28% | 6.7% | 7.0% | 7.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme is seeks to generate regular income through investment in a portfolio comprising of money market instruments.
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 months3.28% absolute | ₹60,000 | ₹61,968 | 3.28% | |
| 1 year5.84% annualised | ₹1,20,000 | ₹1,23,865 | 3.22% | |
| 3 years6.72% annualised | ₹3,60,000 | ₹3,99,853 | 11.07% |
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.