The scheme seeks a fund of fund scheme with the primary objective to generate returns by investing in units of ICICI Prudential Silver ETF.
|Tenure||Fund return||Category average||Category rank|
The table depicts year-on-year returns delivered by this fund. The category average column depicts the average returns of all the funds in this category, and the last column shows how this particular fund has ranked within the category.
One of the fundamental rules for choosing mutual funds is to choose a fund with a proven track record. Advisors and distributors base their fund recommendations mainly on historical performance while evaluating track record.
It is the smallest value amount for which an investor can purchase a mutual fund. It can vary for each mutual fund.
There are multiple ways to invest in mutual funds. Here is an illustration of the two of the most popular options for your convenience:
1: Shivani chooses to start an SIP of Rs. 5,000 with Bajaj Finserv. Every month she invests Rs. 5,000 on a date chosen by her.
2: Rahul chooses to invest a lumpsum amount of Rs 1,00,000.
The calculator shows the investment corpus accumulated if you had started SIP or lumpsum investment in the fund for the selected period, basis the past performance.
Our mutual fund calculator has been designed to help you understand indicative returns on this fund based on past performance.
The above returns are calculated based on past performance of the fund.
A mutual fund scheme is not a deposit product and is not an obligation of, or guaranteed, or insured by the mutual fund or its Asset Management Company (AMC). Due to the nature of the underlying investments, the returns or the potential returns of a mutual fund product cannot be guaranteed. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. Mutual funds are subject to market risk. Please read all scheme related documents carefully before investing.
To help you make informed investment decision, here is a list of other fund options in the same category with similar returns.
Hereunder are applicable charges and tax obligations that may apply to you.
Tax & TDS are subject to applicable surcharge and health & education cess at the rate of 4%.
The expense ratio refers to how much of a fund's assets are used towards administrative and other operating expenses.
Exit load – Charge applied to mutual fund redemptions before the designated investment period.
Exit load for the fund isExit load of 1% If redeemed within 15 days.
The Short term capital gains (STCG) is eligbile for taxation of 15% + Surcharge@10% or 15% + 4% Health & education Cess =17.16% or 17.94%
(Duration of Investment < 12 months)
Long term capital gains (LTCG) of more than Rs. 1 Lakh is applicable for taxation of 10% without indexation & without Foreign currency conversion benefit + Surcharge @10% or 15% + 4% Health & Education cess = 11.44% & 11.96%
(Duration of Investment > 12 months)
Companies/sectors in which this fund is investing your money.
Riskometer stipulated by SEBI reflects the current risk of the scheme at a given point of time.
The meter categorizes the schemes under different levels of risk based on the respective scheme’s asset allocation pattern.
For each mutual fund, the risk can range from low to very high, as depicted by different colours in the riskometer.
The graph's arrow shows the risk level associated with this fund.
04 February, 2022
Lock in period
Assets Under Management (AUM) is the total market value of the investments that the fund manages on behalf of the unitholders.
It is an unmanaged group of securities which are considered as a 'benchmark' to measure a fund's/stock's performance.
It is an indicator of how quickly fund managers buy and sell the specific assets and securities within the fund in a specified period.
Every mutual fund has experienced professionals that manage your funds.
Managing since: 2022
Managing since: 2022
It is a statistical value that illustrates the average returns generated by a fund over a specified duration, such as one month, six months, one year, etc.
Alpha is the excess returns relative to market benchmark for a given amount of risk taken by the scheme.
Beta of a mutual fund scheme is the volatility of the scheme relative to its market benchmark.
It is a statistical tool that measures the deviation or dispersion of the data from the mean or average.
The Sharpe ratio is a measure of an investment's return after taking into consideration all the inherent risks.
Sortino ratio is the statistical tool that measures the performance of the investment relative to the downward deviation.
Before investing in a mutual fund, it is important to analyse its performance based on certain parameters. Mentioned are some key ratios to help you evaluate the performance of the mutual fund. Click on the info icon to know what each parameter signifies.
A debt fund is a type of mutual fund that invests in fixed income securities that have the potential for generating periodic cashflows, such as corporate and government bonds, corporate debt securities, and money market instruments. Bond funds and fixed income funds are other names for debt funds.
Some of the benefits of debt funds are low-cost structure, relatively constant returns, better liquidity, and relative safe as compared to equity.
An overnight fund is an open-ended debt scheme investing in overnight securities, having maturity of 1 day.
Earning a consistent interest income with limited risk to capital is the main goal of investing in debt funds. The interest rate and maturity time for debt instruments are defined by the issuers.
Debt funds make investments in bonds issued by banks, PSUs, PFIs (public financial institutions), corporations, and the government with money collected from investors. Debt funds also invest in Money market instruments like short term securities like T-Bills, Certificate of deposit, commercial papers, TREPS, Reverse Repo etc.
These bonds typically have a medium- to long-term duration.
You can redeem your fund in 5 steps :
Step 1: In the Bajaj Finserv app, go to your portfolio
Step 2: Select the scheme against which you want to make redemption
Step 3: Click on 'redeem' on scheme overview page
Step 4: Enter the amount you want to redeem or select the checkbox 'withdraw full amount' for complete redemption
Step 5: Input the OTP received from RTA to confirm that you want to redeem the money.
Your fund will be redeemed and the amount will be credited into your account.
Bajaj Finance Limited (“BFL”) is a Non-Banking Financial Company carrying the business of acceptance of deposits, providing lending solutions to Retail & Corporate customers, and is a Corporate agent of various insurance Companies. BFL is also registered with the Association of Mutual Funds in India (“AMFI”) as a distributor of third party Mutual Funds (shortly referred as ‘Mutual Funds’).
BFL does NOT:
(i) provide investment advisory services in any manner or form;
(ii) perform risk profiling of the investor;
(iii) carry customized/personalized suitability assessment;
(iv) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.
In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on ‘As-is’ basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme /Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities. The NAV will inter-alia be exposed to Price / Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other / better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.
Bajaj Finserv Direct Limited, (“BFDL”), a wholly owned subsidiary of Bajaj Finserv Limited (is a Registered with SEBI as an Investment Advisor with Registration no. INA000016083). BFDL enables resident Indian customers to directly invest in third party mutual funds through its online platform. BFDL entered into a referral arrangement with BFL, whereunder, BFL may, without risk or responsibility on its part, refer the resident Indian customers who are interested in placing their investments in Direct Mutual Funds through BFDL online platform. Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.
Disclaimer on Risk-O-Meter:
Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc. and shall also consult their financial advisers, if they are unsure about the suitability of the scheme before investing
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