BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH

BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH is a scheme launched by Bajaj Finserv Mutual Fund on November 13, 2023, and falls under the Banking and PSU fund category. It currently manages an AUM of Rs 147.82 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 1000. It charges an expense ratio of 0.89% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is 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.

• Performance:

  BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH trailing returns over different times are 7.91% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 5.73%.