banking and psu
AUM : ₹ 49.51 Cr
|Tenure||Fund Return||Category Average||Rank Within Category|
Fund Category: debt
A fund type refers to the asset allocation pattern or the investment strategy of a mutual fund. Based on the asset allocation pattern/ investment strategy Mutual funds are classified into
Each type of fund has different risks, rewards and features.
Sub Category: banking and psu
A fund sub-category is the categorization of mutual funds within a broader category based on factors like investment style. Understanding the fund sub-categories helps investors choose the right mutual funds that fit their investment objectives. For example, there are 16 sub-categories of debt mutual funds, including liquid funds, money market funds, corporate bond funds, etc.
Benchmark Index: NIFTY Banking and PSU Debt Index
The Benchmark index for a particular mutual fund is the standard against which the scheme plans to measure its performance. It indicates how much an individual’s investment should have earned, which can be used to compare the actual earnings. Ideally, a mutual fund’s target must match the benchmark performance.
The performance ratio helps you analyse and compare various mutual funds schemes. Through this ratio, you can understand which AMC or investment can offer you inflation-beating gains, risk adjustment, ideal asset allocation, etc. Performance ratios are calculated through the means of alpha, beta, standard deviation, sharpe ratio, sortino ratio, and portfolio turnover.
The Bajaj Finserv Banking And PSU Fund-Direct Plan- Growth is a banking and psu.
Min. SIP Amount
Min. Lumpsum Amount
Min. Additional Amount
Debt STCG: Income Tax Slab Rate of Investor%Up to 36 months
Debt LTCG: Investor’s income tax slab rate%More than 36 months
Bajaj Finserv Banking And PSU Fund-Direct Plan- Growth
The scheme seeks 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.