Bajaj Finserv Multi Asset Allocation Fund
Multi Asset AllocationVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹12.13+0.70%1 day
- Return since launch
- 8.1%
- 52-week range
- ₹11.24 — ₹12.98
- AUM
- ₹1,913 Cr
Bajaj Finserv Multi Asset Allocation Fund is a Multi Asset Allocation hybrid fund from Bajaj Finserv Mutual Fund with ₹1,913 Cr under management, launched in 2024. The expense ratio is 2.20% 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 +4.3% against +5.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.0% | −4.0 pts | 5.0% | 3.3% |
| 2Y | 6.9% | −0.5 pts | 7.4% | 8.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.6% | +0.9 pts | 1.7% | 2.5% |
| 3M | -2.5% | −0.6 pts | -2.0% | -2.0% |
| 6M | -0.3% | −0.4 pts | 0.1% | 1.5% |
| 1Y | 4.3% | −0.7 pts | 5.0% | 5.3% |
| 2Y | 7.0% | −0.9 pts | 7.9% | 8.5% |
Since launch (13 May 2024): 8.1%
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
2.22%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.68%
- Brokerage
- 0.08%
- Transaction charges
- 0.01%
- Statutory levies
- 0.45%
- 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 | 0.91 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | — | 0.93 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | — | 1.25 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | — | 10.82 | 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 30 Sep 2026
Asset allocation
- Equity61.5%
- Debt13.6%
- Commodities15.0%
- Other10.0%
Market cap split
- Large71.7%
- Mid7.9%
- Small20.4%
- P/E
- 21.91
- P/B
- 3.21
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| DSP Gold ETF - Growth | Unclassified | 7.97% | ₹153 Cr | +7.76% | +9.15% | +3.43% |
| HDFC Bank Ltd. | Financial | 6.20% | ₹119 Cr | +7.12% | -3.07% | +6.94% |
| ICICI Bank Ltd. | Financial | 5.66% | ₹108 Cr | +6.01% | +4.82% | +0.61% |
| Others | Others | 4.82% | ₹92.32 Cr | +4.04% | +3.74% | +1.01% |
| Embassy Office Parks REIT | Construction | 3.26% | ₹62.29 Cr | +2.33% | +1.98% | — |
| Kotak Gold ETF | Unclassified | 3.02% | ₹57.84 Cr | +2.94% | +3.43% | — |
| State Bank of India | Financial | 2.99% | ₹57.15 Cr | +3.12% | +3.33% | +4.35% |
| Bajaj Finserv Money Market Fund Direct-Growth | Unclassified | 2.65% | ₹50.61 Cr | +2.66% | +2.91% | +1.90% |
| Axis Finance Ltd. | Financial | 2.58% | ₹49.29 Cr | +2.65% | +2.94% | +4.11% |
| Larsen & Toubro Ltd. | Construction | 2.30% | ₹44.05 Cr | +2.59% | -0.51% | +2.11% |
| Divi's Laboratories Ltd. | Healthcare | 2.25% | ₹42.98 Cr | +1.62% | +1.10% | — |
| Nippon India ETF Gold BeES | Unclassified | 2.13% | ₹40.77 Cr | +1.61% | +3.18% | — |
| Bharti Airtel Ltd. | Communication | 2.08% | ₹39.75 Cr | +2.60% | +1.34% | +1.95% |
| Knowledge Realty Trust | Construction | 2.02% | ₹38.68 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | 1.90% | ₹36.31 Cr | +1.07% | — | — |
| Reliance Industries Ltd. | Energy | 1.90% | ₹36.34 Cr | +2.22% | +2.58% | — |
| Mindspace Business Parks REIT | Construction | 1.88% | ₹36.01 Cr | +1.55% | +1.38% | — |
| Bajaj Finserv Banking and PSU Debt Fund Direct-Growth | Unclassified | 1.72% | ₹32.99 Cr | +1.75% | +1.91% | +4.53% |
| DSP Silver ETF - Growth | Unclassified | 1.67% | ₹31.89 Cr | +1.73% | +1.52% | +12.08% |
| Tata Steel Ltd. | Metals & Mining | 1.63% | ₹31.14 Cr | +1.69% | +1.73% | +2.10% |
| Infosys Ltd. | Technology | 1.43% | ₹27.34 Cr | +1.47% | +2.72% | +2.72% |
| Rubicon Research Ltd. | Healthcare | 1.43% | ₹27.30 Cr | +1.42% | +0.88% | — |
| Indus Towers Ltd. | Communication | 1.42% | ₹27.08 Cr | +1.52% | +1.81% | — |
| Shriram Finance Ltd | Financial | 1.34% | ₹25.67 Cr | +1.45% | +1.36% | — |
| Graphite India Ltd. | Capital Goods | 1.32% | ₹25.20 Cr | +0.89% | +1.00% | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 1.32% | ₹25.16 Cr | +1.22% | +1.33% | — |
| Muthoot Finance Ltd. | Financial | 1.30% | ₹24.92 Cr | +1.34% | +1.50% | +2.08% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.15% | ₹22.00 Cr | +1.27% | — | — |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 1.14% | ₹21.83 Cr | +1.20% | +1.05% | +1.71% |
| Cube Highways Trust | Services | 1.07% | ₹20.50 Cr | — | — | — |
| Power Grid Corporation Of India Ltd. | Energy | 1.07% | ₹20.39 Cr | +1.19% | +0.79% | -0.51% |
| Exide Industries Ltd. | Capital Goods | 1.06% | ₹20.20 Cr | +0.26% | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.02% | ₹19.61 Cr | +1.18% | +1.28% | +3.38% |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.02% | ₹19.49 Cr | +0.83% | +0.80% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.00% | ₹19.07 Cr | +1.04% | +1.10% | +1.25% |
| Asian Paints Ltd. | Materials | 0.97% | ₹18.56 Cr | +1.09% | +1.00% | +1.22% |
| Cummins India Ltd. | Capital Goods | 0.97% | ₹18.59 Cr | +1.18% | +1.05% | +0.94% |
| The Federal Bank Ltd. | Financial | 0.97% | ₹18.50 Cr | +1.03% | +0.16% | — |
| Mahindra & Mahindra Ltd. | Automobile | 0.96% | ₹18.31 Cr | +1.02% | +1.09% | +0.63% |
| Page Industries Ltd. | Textiles | 0.91% | ₹17.46 Cr | +1.06% | — | — |
| Tata Consultancy Services Ltd. | Technology | 0.86% | ₹16.40 Cr | +0.87% | — | +1.96% |
| Eicher Motors Ltd. | Automobile | 0.84% | ₹16.08 Cr | +0.95% | +0.98% | +1.24% |
| Senores Pharmaceuticals Ltd. | Healthcare | 0.82% | ₹15.70 Cr | +0.80% | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 0.78% | ₹14.87 Cr | +0.80% | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 0.75% | ₹14.36 Cr | +0.72% | +0.71% | — |
| Bajaj Auto Ltd. | Automobile | 0.73% | ₹13.90 Cr | +0.70% | — | — |
| eClerx Services Ltd. | Services | 0.69% | ₹13.14 Cr | +0.43% | +0.50% | +0.80% |
| HCL Technologies Ltd. | Technology | 0.67% | ₹12.85 Cr | +0.60% | +1.20% | +0.82% |
| Onesource Specialty Pharma Ltd. | Healthcare | 0.67% | ₹12.77 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 0.67% | ₹12.79 Cr | — | — | — |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.65% | ₹12.52 Cr | +0.79% | — | — |
| REC Ltd. | Financial | 0.64% | ₹12.34 Cr | — | — | — |
| Hindustan Zinc Ltd. | Metals & Mining | 0.62% | ₹11.89 Cr | +0.60% | — | +0.82% |
| Angel One Ltd. | Financial | 0.61% | ₹11.71 Cr | +0.75% | — | — |
| Indus Infra Trust | Construction | 0.59% | ₹11.38 Cr | +0.57% | — | — |
| Emami Ltd. | Consumer Staples | 0.50% | ₹9.66 Cr | +0.55% | +0.60% | +0.59% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.48% | ₹9.12 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 0.47% | ₹8.93 Cr | — | — | +2.45% |
| Steel Authority Of India Ltd. | Metals & Mining | 0.47% | ₹9.07 Cr | +0.46% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 0.46% | ₹8.82 Cr | — | — | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 0.46% | ₹8.74 Cr | +0.39% | — | — |
| Ingersoll-Rand (India) Ltd. | Capital Goods | 0.45% | ₹8.68 Cr | — | +0.12% | +0.18% |
| ICRA Ltd. | Services | 0.43% | ₹8.21 Cr | +0.54% | +0.63% | +0.59% |
| Mirae Asset Gold ETF - Growth | Unclassified | 0.43% | ₹8.22 Cr | +0.42% | +0.49% | +0.53% |
| Gabriel India Ltd. | Automobile | 0.41% | ₹7.88 Cr | +0.54% | — | — |
| UNO Minda Ltd. | Automobile | 0.40% | ₹7.65 Cr | — | — | — |
| Crisil Ltd. | Services | 0.36% | ₹6.86 Cr | +0.34% | +0.35% | +0.66% |
| Nuvama Wealth Management Ltd. | Financial | 0.22% | ₹4.30 Cr | — | — | — |
| Thermax Ltd. | Capital Goods | 0.22% | ₹4.20 Cr | — | — | — |
| Sanofi Consumer Healthcare India Ltd. | Healthcare | 0.11% | ₹2.06 Cr | +0.15% | +0.54% | +0.81% |
| Nifty 50 | Financial | 0.04% | ₹0.79 Cr | — | +0.05% | -1.30% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 1.55% | 3.91% | +2.36% |
| Knowledge Realty Trust | 0.00% | 2.02% | +2.02% |
| Petronet LNG Ltd. | 0.74% | 0.00% | -0.74% |
| Crompton Greaves Consumer Electricals Ltd. | 0.73% | 0.00% | -0.73% |
| 360 One Wam Ltd. | 0.65% | 0.00% | -0.65% |
| Indian Bank | 0.50% | 0.00% | -0.50% |
| HDFC Life Insurance Co Ltd. | 0.00% | 0.48% | +0.48% |
| ICICI Bank Ltd. | 6.01% | 5.66% | -0.35% |
| Pricol Ltd. | 0.34% | 0.00% | -0.34% |
| Bharti Airtel Ltd. | 2.41% | 2.08% | -0.33% |
| State Bank of India | 3.28% | 2.99% | -0.29% |
| Glaxosmithkline Pharmaceuticals Ltd. | 1.41% | 1.14% | -0.27% |
| HDFC Bank Ltd. | 5.98% | 6.20% | +0.22% |
| Graphite India Ltd. | 1.12% | 1.32% | +0.20% |
| Whirlpool Of India Ltd. | 1.14% | 1.32% | +0.18% |
| Gabriel India Ltd. | 0.59% | 0.41% | -0.18% |
| Reliance Industries Ltd. | 2.07% | 1.90% | -0.17% |
| Eicher Motors Ltd. | 1.00% | 0.84% | -0.16% |
| Bajaj Auto Ltd. | 0.88% | 0.73% | -0.15% |
| Infosys Ltd. | 1.57% | 1.43% | -0.14% |
| UNO Minda Ltd. | 0.53% | 0.40% | -0.13% |
| Bajaj Finance Ltd. | 2.02% | 1.90% | -0.12% |
| Rubicon Research Ltd. | 1.55% | 1.43% | -0.12% |
| Shriram Finance Ltd | 1.46% | 1.34% | -0.12% |
| Tata Consultancy Services Ltd. | 0.97% | 0.86% | -0.11% |
| Bajaj Finserv Money Market Fund Direct-Growth | 2.54% | 2.65% | +0.11% |
| Ujjivan Small Finance Bank Ltd. | 0.92% | 1.02% | +0.10% |
| DSP Gold ETF - Growth | 8.06% | 7.97% | -0.09% |
| Larsen & Toubro Ltd. | 2.39% | 2.30% | -0.09% |
| Axis Finance Ltd. | 2.49% | 2.58% | +0.09% |
| Embassy Office Parks REIT | 3.17% | 3.26% | +0.09% |
| The Federal Bank Ltd. | 1.05% | 0.97% | -0.08% |
| Mindspace Business Parks REIT | 1.80% | 1.88% | +0.08% |
| Mahindra & Mahindra Ltd. | 1.03% | 0.96% | -0.07% |
| SEDEMAC Mechatronics Ltd. | 0.39% | 0.46% | +0.07% |
| Asian Paints Ltd. | 1.03% | 0.97% | -0.06% |
| Bajaj Finserv Banking and PSU Debt Fund Direct-Growth | 1.66% | 1.72% | +0.06% |
| Ingersoll-Rand (India) Ltd. | 0.51% | 0.45% | -0.06% |
| Tata Steel Ltd. | 1.57% | 1.63% | +0.06% |
| Sun Pharmaceutical Industries Ltd. | 1.05% | 1.00% | -0.05% |
| ICRA Ltd. | 0.48% | 0.43% | -0.05% |
| Tata Motors Ltd. | 0.72% | 0.67% | -0.05% |
| DSP Silver ETF - Growth | 1.71% | 1.67% | -0.04% |
| Divi's Laboratories Ltd. | 2.21% | 2.25% | +0.04% |
| Muthoot Finance Ltd. | 1.26% | 1.30% | +0.04% |
| Page Industries Ltd. | 0.87% | 0.91% | +0.04% |
| Nifty 50 | 0.00% | 0.04% | +0.04% |
| Cummins India Ltd. | 1.00% | 0.97% | -0.03% |
| Emami Ltd. | 0.47% | 0.50% | +0.03% |
| Exide Industries Ltd. | 1.09% | 1.06% | -0.03% |
| Motherson Sumi Wiring India Ltd. | 0.68% | 0.65% | -0.03% |
| Onesource Specialty Pharma Ltd. | 0.64% | 0.67% | +0.03% |
| Power Grid Corporation Of India Ltd. | 1.04% | 1.07% | +0.03% |
| Tata Capital Housing Finance Ltd. | 0.75% | 0.78% | +0.03% |
| eClerx Services Ltd. | 0.72% | 0.69% | -0.03% |
| ITC Ltd. | 0.44% | 0.47% | +0.03% |
| Kotak Gold ETF | 3.05% | 3.02% | -0.03% |
| Cube Highways Trust | 1.05% | 1.07% | +0.02% |
| Nippon India ETF Gold BeES | 2.15% | 2.13% | -0.02% |
| REC Ltd. | 0.62% | 0.64% | +0.02% |
| Steel Authority Of India Ltd. | 0.49% | 0.47% | -0.02% |
| Vedanta Aluminium Metal Ltd. | 1.17% | 1.15% | -0.02% |
| Sanofi Consumer Healthcare India Ltd. | 0.13% | 0.11% | -0.02% |
| Thermax Ltd. | 0.24% | 0.22% | -0.02% |
| HCL Technologies Ltd. | 0.69% | 0.67% | -0.02% |
| Angel One Ltd. | 0.62% | 0.61% | -0.01% |
| Aurobindo Pharma Ltd. | 0.74% | 0.75% | +0.01% |
| Crisil Ltd. | 0.37% | 0.36% | -0.01% |
| Hindustan Unilever Ltd. | 1.03% | 1.02% | -0.01% |
| Hindustan Zinc Ltd. | 0.63% | 0.62% | -0.01% |
| Mirae Asset Gold ETF - Growth | 0.44% | 0.43% | -0.01% |
| Nuvama Wealth Management Ltd. | 0.23% | 0.22% | -0.01% |
| Indus Infra Trust | 0.59% | 0.59% | 0.00% |
| Indus Towers Ltd. | 1.42% | 1.42% | 0.00% |
| SBI Life Insurance Company Ltd. | 0.46% | 0.46% | 0.00% |
| Senores Pharmaceuticals Ltd. | 0.82% | 0.82% | 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 | ₹10,235 Cr | 1.65% | 3.5% | 11.7% | 14.7% |
 Nippon India Multi Asset Allocation Fund | ₹18,044 Cr | 1.45% | 3.8% | 11.8% | 14.6% |
 Kotak Multi Asset Allocation Fund | ₹15,236 Cr | 1.78% | 0.0% | 10.9% | — |
 DSP Multi Asset Allocation Fund | ₹10,820 Cr | 1.57% | 3.5% | 12.9% | — |
 Quant Multi Asset Allocation Fund | ₹6,608 Cr | 2.14% | 5.2% | 12.3% | 16.4% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹468 Cr | 1.32% | 5.1% | 10.7% | 13.2% |
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 months−0.35% absolute | ₹60,000 | ₹59,790 | −0.35% | |
| 1 year4.28% annualised | ₹1,20,000 | ₹1,22,819 | 2.35% |
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 ₹12.13 as on 6 Nov 2026.
What is the expense ratio of Bajaj Finserv Multi Asset Allocation Fund?
The expense ratio of Bajaj Finserv Multi Asset Allocation Fund is 2.20% 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 ₹37,842 Cr under management.