The scheme seeks to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector.
|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. Make sure you understand these well before you decide to invest.
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 12 months.
The Short term capital gains (STCG) is eligble 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.
Sector allocation %
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.
08 June, 2018
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: 2021
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. Here 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.
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.
A mutual fund primarily invests in stocks is known as an equity fund. It may be managed actively or passively (through an index fund). Stock funds and equity funds are similar terms. Equity funds can be divided based on the market capitalisation, sector/theme.
Multicap has a diversified portfolio by investing in large, mid and small cap. For someone whose investment objective is long-term wealth creation and who has a very high risk appetite can choose multicap fund.
Mutual funds that invest largely in stocks are called equity funds. Minimum 65-80% of the asset are allocated to equity funds. You can make a lump sum or SIP investment in the fund, and it will invest your funds on your behalf in a variety of equity stocks.
Mutual Fund investments are subject to market risks; read all scheme related documents carefully.
Bajaj Finance Limited ('BFL') is registered with RBI as a deposit accepting Non-Banking Financial Institution, and with the Association of Mutual Funds in India ("AMFI") as a distributor of third-party Mutual Funds (shortly referred to as 'Mutual Funds').
Customers interested in investing in Direct Mutual Funds may consider placing their investments through Bajaj Finserv Direct Limited ("BFDL"), a wholly-owned subsidiary of Bajaj Finserv Limited and is registered with SEBI as an Investment Advisor with Registration no. INA000016083. Mutual Funds are available to resident Indians only on the BFDL platform and NOT available to any person residing outside the territorial jurisdiction of India. It may be noted that BFL is merely referring potential customers who may evince interest in investing in Direct Mutual Fund Schemes to BFDL, without risk or responsibility on the part of BFL.
BFL does NOT provide investment advisory services in any manner or form. BFL does NOT perform risk profiling of the investor and does NOT carry independent research or analysis, including on any Mutual Fund schemes or other investments. NO customised/personalised suitability assessment is done by BFL. Further, BFL does NOT provide any guarantee of return on investment. Hence, the final investment decision shall at all times exclusively remain with the investor alone, and BFL shall not be liable or held liable for any consequences thereof.
Powered by Bajaj Finserv Direct Limited