Bajaj Finserv Nifty Bank ETF


ETFs Fund
  • NAV 48.48 (-0.86%)
  • Fund Size (Cr) ₹139.73
  • Expense Ratio 0.12
  • Scheme Type Passive Fund
  • Value Research Stars
  • Minimum investment ₹500
  • Minimum Additional Investment ₹0
  • Minimum SIP Investment -
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 6.84%

Basic Details

Scheme Manager
Sorbh Gupta
Bench Mark
Nifty Bank TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Apr-24
  • 10014.52
  • 0.15%
  • -
  • 0.71%
  • 79/206
  • 1 Month
  • 12-Mar-24
  • 10270.06
  • 2.70%
  • -
  • 2.85%
  • 73/203
  • 3 Month
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 6 Month
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 1 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 29-Jan-24
  • 10684.48
  • 6.84%
  • 6.84%
  • 19.01%
  • 170/205

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Feb-24
  • 30000
  • 30987.58
  • 3.29%
  • 3.29%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    -
  • Beta
    0.97%
  • Sharpe Ratio
    0%
  • Treynor’s Ratio
    0.06%
  • Jension’s Alpha
    -0.24%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 29%
  • 279821
  • 40.52
  • Equity
  • Banks
  • ICICI Bank
  • 23.73%
  • 303255
  • 33.15
  • Equity
  • Banks
  • Axis Bank
  • 9.19%
  • 122671
  • 12.85
  • Equity
  • Banks
  • St Bk of India
  • 9.14%
  • 169707
  • 12.77
  • Equity
  • Banks
  • Kotak Mah. Bank
  • 9.11%
  • 71311
  • 12.73
  • Equity
  • Banks
  • IndusInd Bank
  • 6.92%
  • 62295
  • 9.67
  • Equity
  • Banks
  • Bank of Baroda
  • 3.31%
  • 175254
  • 4.63
  • Equity
  • Banks
  • Punjab Natl.Bank
  • 2.49%
  • 279857
  • 3.48
  • Equity
  • Banks
  • Federal Bank
  • 2.27%
  • 210962
  • 3.17
  • Equity
  • Banks
  • IDFC First Bank
  • 2.01%
  • 372658
  • 2.81
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y

News

  • Bajaj Finserv MF Announces change in fund managers under its scheme Bajaj Finserv Mutual Fund has announced change in fund managers under the following scheme, with effect from 28 March 2024.

    Change in Fund Management Responsibilities:

    Name of the Scheme Existing Fund Managers Revised Fund Managers
    Bajaj Finserv Arbitrage Fund Mr. Ilesh Savla (Equity portion)
    Mr. Chetan Chavan (Equity portion)
    Mr. Siddharth Chaudhary (Debt portion)
    Mr. Ilesh Savla (Equity portion)
    Mr. Siddharth Chaudhary (Debt portion)

    Further, Mr. Chetan Chavan ceases to be Key Personnel of the Company with effect from close of business hours on March 27, 2024 on account of his resigna on from the services of the Company. Accordingly, any reference pertaining to Mr. Chetan Chavan in SAI of the Fund stands deleted.

    Powered by Capital Market - Live News

  • Bajaj Finserv files for multi asset allocation fund: targets long-term growth with diversified investment strategy Bajaj Finserv has filed for a new open-ended mutual fund scheme ? the Bajaj Finserv Multi Asset Allocation Fund. This fund seeks a balance between income generation and capital appreciation over the long term. The fund comes with a Risk-o-meter rating of Very High, signifying that investors' principal amount is at significant risk.

    The fund will invest across various asset classes, including equity (Indian stocks), debt instruments, gold and silver ETFs, exchange-traded commodity derivatives, and units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The asset allocation strategy takes cues from a combination of indices, with a tilt towards equity (up to 80% allocation) for growth potential.

    The fund will be managed by a team of professionals: Nimesh Chandan (46 years) handling both equity and debt portions, Sorbh Gupta (43 years) focusing on the equity portion, and Siddharth Chaudhary (41 years) specializing in the debt portion.

    Investors seeking regular income can benefit from the fund's allocation to debt instruments (up to 55%) and potentially REITs/InvITs (up to 10%). The inclusion of gold and silver ETFs (up to 55%) and commodity derivatives offers further diversification and hedges against market volatility.

    The minimum investment amount starts at Rs 500 (both for lumpsum and SIP), making the fund accessible to a wider range of investors. Investors can also opt for systematic investment plans (SIPs) to invest regularly in small amounts.

    Powered by Capital Market - Live News

  • Bajaj Finserv Mutual Fund Change in Minimum Application Amount Bajaj Finserv Mutual Fund Announces that the Minimum Application Amount for Bajaj Finserv Liquid Fund and Bajaj Finserv Overnight Fund of Bajaj Finserv Mutual Fund stands modified as under with effect from January 29, 2024.

    Scheme Name Existing Minimum Application Amount Proposed Minimum Application Amount
    Bajaj Finserv Liquid Fund Fresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafteresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter
    Additional Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter
    Fresh Purchase (Incl. Switch-in): Minimum of Rs. 100/- and in multiples of Re. 1/- thereafter
    Additional Purchase (Incl. Switch-in): Minimum of Rs. 100/- and in multiples of Re. 1/- thereafter
    Bajaj Finserv Overnight Fund Fresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafteresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter
    Additional Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter
    Fresh Purchase (Incl. Switch-in): Minimum of Rs. 100/- and in multiples of Re. 1/- thereafter
    Additional Purchase (Incl. Switch-in): Minimum of Rs. 100/- and in multiples of Re. 1/- thereafter

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 15-Jan-2024
  • Total AUM (Cr) ₹139.73

Bajaj Finserv Nifty Bank ETF is an ETFs Fund-oriented fund from the renowned AMC, Bajaj Finserv Mutual Fund. Launched in Jan 2024, this fund is managed by Sorbh Gupta. With assets under management (AUM) worth ₹139.73 (Cr), as of 12-Apr-2024, Bajaj Finserv Nifty Bank ETF is categorized as a ETFs Fund within its segment. The fund has generated a return of 6.84% since its launch.
The current NAV of Bajaj Finserv Nifty Bank ETF is ₹48.48, as on 12-Apr-2024. The fund’s benchmark index is Nifty Bank TRI. You can invest in Bajaj Finserv Nifty Bank ETF via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 100% in Equity
The top 5 sectors the fund invests in are: 100.03% in Banks, -0.02% in Cash & Others,

FAQs on Bajaj Finserv Nifty Bank ETF

Bajaj Finserv Nifty Bank ETF is a popular fund in the ETFs Fund segment. The fund has generated a return of 6.84% since inception. Looking to invest in Bajaj Finserv Nifty Bank ETF? How about earning 1% extra return? All this is possible with m.Stock! Investing in Bajaj Finserv Nifty Bank ETF is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Bajaj Finserv Nifty Bank ETF
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Bajaj Finserv Nifty Bank ETF today and reap the benefits of this ETFs Fund fund!

In the short term, i.e., 1 year, Bajaj Finserv Nifty Bank ETF has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 6.84% returns.

The expense ratio of Bajaj Finserv Nifty Bank ETF Direct Growth is 0.12%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Bajaj Finserv Nifty Bank ETF is ₹139.73 (Cr) as of 12 April 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Bajaj Finserv Nifty Bank ETF is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Bajaj Finserv Nifty Bank ETF:

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Bajaj Finserv Nifty Bank ETF).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Bajaj Finserv Nifty Bank ETF. Minimum lumpsum investment Bajaj Finserv Nifty Bank ETF is ₹500 and minimum SIP amount is -. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Bajaj Finserv Nifty Bank ETF is ₹48.48 as on 12 April 2024.

The 5 biggest stock holdings of Bajaj Finserv Nifty Bank ETF are:
HDFC Bank (29%), ICICI Bank (23.73%), Axis Bank (9.19%), St Bk of India (9.14%), Kotak Mah. Bank (9.11%)

A majority of Bajaj Finserv Nifty Bank ETF 's AUM worth ₹139.73 (Cr) is invested in these 3 top sectors:

  • Banks: 100.03%
  • Cash & Others: -.02%

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    5 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    2,361 Crore+
    Average Daily Turnover