Bajaj Finserv Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹12.05-0.96%1 day
- Return since launch
- 8.7%
- 52-week range
- ₹11.12 — ₹12.98
- AUM
- ₹1,985 Cr
Bajaj Finserv Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from Bajaj Finserv Mutual Fund with ₹1,985 Cr under management, launched in 2024. The expense ratio is 2.21% and the SEBI riskometer reading is Very High.
Performance
Bajaj Finserv Multi Asset Allocation Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +7.6% against +7.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.1% | −7.1 pts | 7.0% | 2.8% |
| 2Y | 6.6% | −0.8 pts | 7.5% | 7.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.6% | −0.5 pts | -3.1% | -3.2% |
| 3M | 0.8% | +0.3 pts | 0.5% | 0.8% |
| 6M | 3.3% | −1.4 pts | 4.7% | 5.2% |
| 1Y | 7.6% | +0.6 pts | 7.0% | 7.4% |
| 2Y | 4.7% | −1.6 pts | 6.3% | 6.6% |
Since launch (13 May 2024): 8.7%
Calendar-year returns
Category average19.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 19.1% | +2.3 pts | 16.8% |
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
2.19%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.68%
- Brokerage
- 0.07%
- Transaction charges
- 0.01%
- Statutory levies
- 0.43%
- Exit load
- Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 3 Months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NA
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.00 | 0.74 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | — | 1.26 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | — | 1.61 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | — | 9.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Bajaj Finserv Multi Asset Allocation Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity66.3%
- Debt10.9%
- Commodities15.2%
- Other7.6%
Market cap split
- Large69.4%
- Mid10.1%
- Small20.4%
- P/E
- 22.78
- P/B
- 3.40
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| DSP Gold ETF - Growth | Unclassified | 8.06% | ₹160 Cr | +8.72% | +9.36% | +3.10% |
| ICICI Bank Ltd. | Financial | 6.01% | ₹119 Cr | +5.56% | +3.24% | +0.65% |
| HDFC Bank Ltd. | Financial | 5.98% | ₹119 Cr | +6.73% | -1.53% | +7.13% |
| State Bank of India | Financial | 3.28% | ₹65.19 Cr | +2.97% | +3.88% | +4.11% |
| Embassy Office Parks REIT | Construction | 3.17% | ₹62.87 Cr | +1.83% | +1.91% | — |
| Kotak Gold ETF | Unclassified | 3.05% | ₹60.57 Cr | +3.30% | +3.54% | +2.71% |
| Bajaj Finserv Money Market Fund Direct-Growth | Unclassified | 2.54% | ₹50.35 Cr | +2.66% | +2.76% | — |
| Axis Finance Ltd. | Financial | 2.49% | ₹49.39 Cr | +2.66% | +2.83% | +4.22% |
| Bharti Airtel Ltd. | Communication | 2.41% | ₹47.79 Cr | +2.61% | +1.34% | — |
| Larsen & Toubro Ltd. | Construction | 2.39% | ₹47.39 Cr | +2.58% | +2.84% | — |
| Others | Others | 2.37% | ₹47.43 Cr | +6.02% | +9.10% | +0.77% |
| Divi's Laboratories Ltd. | Healthcare | 2.21% | ₹43.79 Cr | +1.67% | +1.00% | — |
| Nippon India ETF Gold BeES | Unclassified | 2.15% | ₹42.69 Cr | +1.81% | +3.28% | — |
| Reliance Industries Ltd. | Energy | 2.07% | ₹41.14 Cr | +2.30% | +2.29% | — |
| Bajaj Finance Ltd. | Financial | 2.02% | ₹40.00 Cr | +0.98% | — | +2.12% |
| Mindspace Business Parks REIT | Construction | 1.80% | ₹35.67 Cr | +1.29% | +1.10% | — |
| DSP Silver ETF - Growth | Unclassified | 1.71% | ₹34.01 Cr | +2.05% | +1.69% | +11.80% |
| Bajaj Finserv Banking and PSU Debt Fund Direct-Growth | Unclassified | 1.66% | ₹32.91 Cr | +1.74% | +1.82% | — |
| Infosys Ltd. | Technology | 1.57% | ₹31.19 Cr | +2.29% | +2.07% | +2.85% |
| Tata Steel Ltd. | Metals & Mining | 1.57% | ₹31.15 Cr | +1.90% | +1.82% | +1.97% |
| Rubicon Research Ltd. | Healthcare | 1.55% | ₹30.68 Cr | +1.03% | +0.84% | — |
| Shriram Finance Ltd | Financial | 1.46% | ₹28.99 Cr | +1.34% | +0.31% | — |
| Indus Towers Ltd. | Communication | 1.42% | ₹28.21 Cr | +1.73% | +1.87% | +3.04% |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 1.41% | ₹28.05 Cr | +1.10% | +1.13% | +1.84% |
| Muthoot Finance Ltd. | Financial | 1.26% | ₹24.98 Cr | +1.35% | +1.44% | +4.28% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.17% | ₹23.19 Cr | +0.28% | — | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 1.14% | ₹22.70 Cr | +1.26% | +1.03% | — |
| Graphite India Ltd. | Capital Goods | 1.12% | ₹22.27 Cr | +1.07% | +1.11% | — |
| Exide Industries Ltd. | Capital Goods | 1.09% | ₹21.56 Cr | — | — | — |
| Cube Highways Trust | Services | 1.05% | ₹20.76 Cr | — | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.05% | ₹20.83 Cr | +1.02% | +0.94% | +0.98% |
| The Federal Bank Ltd. | Financial | 1.05% | ₹20.79 Cr | +0.91% | +0.17% | — |
| Power Grid Corporation Of India Ltd. | Energy | 1.04% | ₹20.63 Cr | +0.71% | +0.76% | +0.92% |
| Asian Paints Ltd. | Materials | 1.03% | ₹20.50 Cr | +1.11% | +0.94% | +1.35% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.03% | ₹20.53 Cr | +1.21% | +1.38% | +3.68% |
| Mahindra & Mahindra Ltd. | Automobile | 1.03% | ₹20.37 Cr | +1.02% | +0.75% | +0.80% |
| Cummins India Ltd. | Capital Goods | 1.00% | ₹19.94 Cr | +1.24% | +1.08% | +0.94% |
| Eicher Motors Ltd. | Automobile | 1.00% | ₹19.94 Cr | +0.97% | +0.91% | +0.49% |
| Tata Consultancy Services Ltd. | Technology | 0.97% | ₹19.19 Cr | — | — | +2.15% |
| Ujjivan Small Finance Bank Ltd. | Financial | 0.92% | ₹18.30 Cr | +0.78% | +0.66% | — |
| Bajaj Auto Ltd. | Automobile | 0.88% | ₹17.51 Cr | +0.76% | — | — |
| Page Industries Ltd. | Textiles | 0.87% | ₹17.18 Cr | +0.99% | — | — |
| Senores Pharmaceuticals Ltd. | Healthcare | 0.82% | ₹16.24 Cr | +0.69% | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 0.75% | ₹14.96 Cr | +0.81% | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 0.74% | ₹14.75 Cr | +0.66% | +0.63% | — |
| Petronet LNG Ltd. | Energy | 0.74% | ₹14.78 Cr | +1.42% | +1.30% | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.73% | ₹14.46 Cr | +0.93% | +0.53% | — |
| company:20302 | Automobile | 0.72% | ₹14.29 Cr | — | — | — |
| eClerx Services Ltd. | Services | 0.72% | ₹14.27 Cr | +0.49% | +0.44% | +0.72% |
| HCL Technologies Ltd. | Technology | 0.69% | ₹13.71 Cr | +0.96% | +1.18% | +0.89% |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.68% | ₹13.52 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 0.65% | ₹12.88 Cr | +0.65% | +0.69% | +0.24% |
| Onesource Specialty Pharma Ltd. | Healthcare | 0.64% | ₹12.74 Cr | — | — | — |
| Hindustan Zinc Ltd. | Metals & Mining | 0.63% | ₹12.50 Cr | +0.72% | — | +0.40% |
| Angel One Ltd. | Financial | 0.62% | ₹12.26 Cr | +0.78% | — | — |
| company:4975 | Financial | 0.62% | ₹12.37 Cr | — | — | — |
| Gabriel India Ltd. | Automobile | 0.59% | ₹11.79 Cr | — | — | — |
| Indus Infra Trust | Construction | 0.59% | ₹11.69 Cr | — | — | — |
| UNO Minda Ltd. | Automobile | 0.53% | ₹10.46 Cr | — | — | — |
| company:1707 | Capital Goods | 0.51% | ₹10.16 Cr | +0.13% | +0.13% | +0.08% |
| company:5434 | Financial | 0.50% | ₹9.98 Cr | +0.40% | +0.39% | +2.49% |
| Steel Authority Of India Ltd. | Metals & Mining | 0.49% | ₹9.75 Cr | — | — | — |
| ICRA Ltd. | Services | 0.48% | ₹9.54 Cr | +0.56% | +0.66% | +0.41% |
| Emami Ltd. | Consumer Staples | 0.47% | ₹9.27 Cr | +0.55% | +0.67% | +0.64% |
| SBI Life Insurance Company Ltd. | Insurance | 0.46% | ₹9.05 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 0.44% | ₹8.69 Cr | — | — | +3.52% |
| Mirae Asset Gold ETF - Growth | Unclassified | 0.44% | ₹8.64 Cr | +0.47% | +0.50% | +0.49% |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 0.39% | ₹7.72 Cr | — | — | — |
| Crisil Ltd. | Services | 0.37% | ₹7.43 Cr | +0.33% | +0.38% | +1.00% |
| Pricol Ltd. | Automobile | 0.34% | ₹6.76 Cr | +0.26% | +0.29% | — |
| company:3954 | Capital Goods | 0.24% | ₹4.83 Cr | — | — | — |
| Nuvama Wealth Management Ltd. | Financial | 0.23% | ₹4.57 Cr | — | — | — |
| Sanofi Consumer Healthcare India Ltd. | Healthcare | 0.13% | ₹2.52 Cr | +0.52% | +0.53% | +0.89% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Divi's Laboratories Ltd. | -0.52% | 2.21% | +2.73% |
| Godrej Consumer Products Ltd. | 1.22% | 0.00% | -1.22% |
| Nifty 50 | -1.02% | 0.00% | +1.02% |
| Manappuram Finance Ltd. | 0.75% | 0.00% | -0.75% |
| company:20302 | 0.00% | 0.72% | +0.72% |
| Petronet LNG Ltd. | 1.40% | 0.74% | -0.66% |
| company:4975 | 0.00% | 0.62% | +0.62% |
| Others | 2.15% | 1.55% | -0.60% |
| Nippon India ETF Gold BeES | 1.57% | 2.15% | +0.58% |
| Cube Highways Trust | 0.51% | 1.05% | +0.54% |
| company:1707 | 0.00% | 0.51% | +0.51% |
| company:5434 | 0.00% | 0.50% | +0.50% |
| DSP Gold ETF - Growth | 7.57% | 8.06% | +0.49% |
| GOI | 0.47% | 0.00% | -0.47% |
| HDFC Bank Ltd. | 6.44% | 5.98% | -0.46% |
| Embassy Office Parks REIT | 2.74% | 3.17% | +0.43% |
| Bharti Airtel Ltd. | 2.68% | 2.41% | -0.27% |
| State Bank of India | 3.01% | 3.28% | +0.27% |
| Mindspace Business Parks REIT | 1.56% | 1.80% | +0.24% |
| company:3954 | 0.00% | 0.24% | +0.24% |
| Bajaj Finance Ltd. | 2.22% | 2.02% | -0.20% |
| Kotak Gold ETF | 2.86% | 3.05% | +0.19% |
| Rubicon Research Ltd. | 1.40% | 1.55% | +0.15% |
| Glaxosmithkline Pharmaceuticals Ltd. | 1.26% | 1.41% | +0.15% |
| Page Industries Ltd. | 1.00% | 0.87% | -0.13% |
| Cummins India Ltd. | 1.11% | 1.00% | -0.11% |
| Reliance Industries Ltd. | 2.17% | 2.07% | -0.10% |
| Hindustan Unilever Ltd. | 1.13% | 1.03% | -0.10% |
| Power Grid Corporation Of India Ltd. | 1.14% | 1.04% | -0.10% |
| Crompton Greaves Consumer Electricals Ltd. | 0.82% | 0.73% | -0.09% |
| Motherson Sumi Wiring India Ltd. | 0.77% | 0.68% | -0.09% |
| DSP Silver ETF - Growth | 1.62% | 1.71% | +0.09% |
| Vedanta Aluminium Metal Ltd. | 1.25% | 1.17% | -0.08% |
| Tata Steel Ltd. | 1.65% | 1.57% | -0.08% |
| Asian Paints Ltd. | 1.09% | 1.03% | -0.06% |
| Mahindra & Mahindra Ltd. | 1.09% | 1.03% | -0.06% |
| Steel Authority Of India Ltd. | 0.43% | 0.49% | +0.06% |
| Onesource Specialty Pharma Ltd. | 0.70% | 0.64% | -0.06% |
| Senores Pharmaceuticals Ltd. | 0.76% | 0.82% | +0.06% |
| Ujjivan Small Finance Bank Ltd. | 0.98% | 0.92% | -0.06% |
| Axis Finance Ltd. | 2.55% | 2.49% | -0.06% |
| Emami Ltd. | 0.52% | 0.47% | -0.05% |
| Graphite India Ltd. | 1.07% | 1.12% | +0.05% |
| Hindustan Zinc Ltd. | 0.58% | 0.63% | +0.05% |
| Shriram Finance Ltd | 1.41% | 1.46% | +0.05% |
| ITC Ltd. | 0.49% | 0.44% | -0.05% |
| ICICI Bank Ltd. | 6.06% | 6.01% | -0.05% |
| Angel One Ltd. | 0.66% | 0.62% | -0.04% |
| Aurobindo Pharma Ltd. | 0.70% | 0.74% | +0.04% |
| Bajaj Finserv Money Market Fund Direct-Growth | 2.58% | 2.54% | -0.04% |
| Indus Towers Ltd. | 1.46% | 1.42% | -0.04% |
| Pricol Ltd. | 0.30% | 0.34% | +0.04% |
| SEDEMAC Mechatronics Ltd. | 0.35% | 0.39% | +0.04% |
| SBI Life Insurance Company Ltd. | 0.50% | 0.46% | -0.04% |
| Exide Industries Ltd. | 1.13% | 1.09% | -0.04% |
| Bajaj Finserv Banking and PSU Debt Fund Direct-Growth | 1.69% | 1.66% | -0.03% |
| HCL Technologies Ltd. | 0.72% | 0.69% | -0.03% |
| Infosys Ltd. | 1.60% | 1.57% | -0.03% |
| Mirae Asset Gold ETF - Growth | 0.41% | 0.44% | +0.03% |
| Muthoot Finance Ltd. | 1.29% | 1.26% | -0.03% |
| The Federal Bank Ltd. | 1.08% | 1.05% | -0.03% |
| UNO Minda Ltd. | 0.50% | 0.53% | +0.03% |
| Whirlpool Of India Ltd. | 1.17% | 1.14% | -0.03% |
| eClerx Services Ltd. | 0.69% | 0.72% | +0.03% |
| Bajaj Auto Ltd. | 0.86% | 0.88% | +0.02% |
| Crisil Ltd. | 0.35% | 0.37% | +0.02% |
| Gabriel India Ltd. | 0.61% | 0.59% | -0.02% |
| Indus Infra Trust | 0.57% | 0.59% | +0.02% |
| Larsen & Toubro Ltd. | 2.37% | 2.39% | +0.02% |
| Sun Pharmaceutical Industries Ltd. | 1.07% | 1.05% | -0.02% |
| Tata Capital Housing Finance Ltd. | 0.77% | 0.75% | -0.02% |
| 360 One Wam Ltd. | 0.64% | 0.65% | +0.01% |
| Eicher Motors Ltd. | 1.01% | 1.00% | -0.01% |
| ICRA Ltd. | 0.49% | 0.48% | -0.01% |
| Sanofi Consumer Healthcare India Ltd. | 0.14% | 0.13% | -0.01% |
| Nuvama Wealth Management Ltd. | 0.24% | 0.23% | -0.01% |
| Tata Consultancy Services Ltd. | 0.97% | 0.97% | 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 | ₹7,364 Cr | 1.57% | 5.8% | 12.6% | 15.3% |
 Nippon India Multi Asset Allocation Fund | ₹17,984 Cr | 1.44% | 4.8% | 13.1% | 15.3% |
 WhiteOak Capital Multi Asset Allocation Fund | ₹8,778 Cr | 1.67% | 7.4% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,528 Cr | 2.32% | 6.8% | 14.1% | 17.4% |
| Nippon India Multi - Asset Omni FoF | ₹3,056 Cr | 1.08% | 4.0% | 10.9% | 14.7% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹478 Cr | 1.33% | 6.0% | 11.8% | 13.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs.
Fund managers
- Anup KulkarniPGDM, B.EPerior to joining the Bajaj FInserv AMC, he was associated with PineBridge Investments, Deutsche Asset Management, Axis Capital Ltd, Emkay Global Financial Services Ltd, Deutsche Bank, Hindustan Unilever Ltd.
- 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 months3.30% absolute | ₹60,000 | ₹61,980 | 3.30% | |
| 1 year7.56% annualised | ₹1,20,000 | ₹1,25,029 | 4.19% |
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.
What is the NAV of Bajaj Finserv Multi Asset Allocation Fund?
The NAV of Bajaj Finserv Multi Asset Allocation Fund is ₹12.05 as on 24 Sep 2026.
What is the expense ratio of Bajaj Finserv Multi Asset Allocation Fund?
The expense ratio of Bajaj Finserv Multi Asset Allocation Fund is 2.21% per year.
What is the minimum SIP amount for Bajaj Finserv Multi Asset Allocation Fund?
You can start a SIP in Bajaj Finserv Multi Asset Allocation Fund with ₹3,000 a month.
Is there a lock-in or exit load on Bajaj Finserv Multi Asset Allocation Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 3 Months..
How risky is Bajaj Finserv Multi Asset Allocation Fund?
Bajaj Finserv Multi Asset Allocation Fund is rated Very High on the SEBI riskometer and belongs to the Multi Asset Allocation category.
Which fund house manages Bajaj Finserv Multi Asset Allocation Fund?
Bajaj Finserv Multi Asset Allocation Fund is managed by Bajaj Finserv Mutual Fund, which runs 21 schemes with ₹33,027 Cr under management.