Skip to content
SmartFigure
Bajaj Finserv Mutual Fund

Bajaj Finserv Banking and PSU Debt Fund

Bajaj Finserv Mutual Fund · Direct plan · Growth

1-year returns
5%
NAV
₹12.24
▲ 0.04% · 18 Sept 2026
Fund size
₹368 Cr
Expense ratio
0.34%
a year
Minimum SIP
₹1,000

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹12.05 and has returned 4.43% over a year.

Returns, and where it stands

Against the average banking and psu fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year5%5.3%behind16 of 20
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.1%0%
3 months1.1%1%
6 months2.7%2.4%
1 year5%4.4%
2 yearsp.a.6.7%6.1%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Nov 2023.

Plan

NAV history

▲ 5% in the last 1Y

11.711.912.218 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,20,000
Gain
₹7,183
XIRR (per year)
5.71%
Value today
₹1,27,183

24 monthly instalments from 20 Sept 2024, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
1.2% a year
about the same as the banking and psu fund average
Worst fall so far
−0.8%
Jun 2025 to Jun 2025.
Years that made money
100%
Of every one-year stretch it has been through.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
15 Nov 2023
Expense ratio
0.34%
as of 31 Aug 2026

Managed by Nimesh Chandan, Siddharth Chaudhary

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Bajaj Finserv Banking and PSU Debt Fund against other funds in the Banking and PSU Fund category
Fund1Y3Y5YExpenseFund size
Franklin India Banking & PSU Debt Fund6.37%7.52%6.42%0.23%₹567 Cr
UTI Banking & PSU Debt Fund6.14%7.45%7.72%0.22%₹1,508 Cr
Kotak Banking and PSU Debt Fund5.68%7.33%6.43%0.4%₹4,937 Cr
LIC MF Banking & PSU Debt Fund5.41%7.31%6.27%0.28%₹1,649 Cr
ICICI Prudential Banking and PSU Debt Fund5.75%7.25%6.63%0.39%₹8,667 Cr
Invesco India Banking and PSU Debt Fund5.21%7.22%5.66%0.22%₹82 Cr
Bajaj Finserv Banking and PSU Debt Fund5%0.34%₹368 Cr

About Bajaj Finserv Banking and PSU Debt Fund

Bajaj Finserv Banking and PSU Debt Fund is a banking and psu fund managed by Bajaj Finserv Mutual Fund. Invest at least 80% in bonds of banks, public sector undertakings and public financial institutions.

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. There is no assurance that or guarantee that the investment objective of the scheme will be achieved.

The scheme's stated objective, as published by Bajaj Finserv Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹12.237152162
DirectIDCW₹12.237152163
DirectMonthly IDCW₹10.9736152164
RegularGrowth₹12.047152165
RegularIDCW₹12.047152166
RegularMonthly IDCW₹10.8998152167

Frequently asked questions

What is the NAV of Bajaj Finserv Banking and PSU Debt Fund today?

The NAV of Bajaj Finserv Banking and PSU Debt Fund (Direct plan, Growth) is ₹12.237 and the Regular plan NAV is ₹12.047, as of 18 Sept 2026.

What returns has Bajaj Finserv Banking and PSU Debt Fund given?

Over the last year the Direct plan returned 5%. Past returns do not guarantee future returns.

What is the expense ratio of Bajaj Finserv Banking and PSU Debt Fund?

The Direct plan charges 0.34% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Bajaj Finserv Banking and PSU Debt Fund?

You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹1,000 or more.

How much has Bajaj Finserv Banking and PSU Debt Fund fallen in the past?

Its deepest fall was 0.8% from 6 Jun 2025 to 13 Jun 2025. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Bajaj Finserv Banking and PSU Debt Fund belong to?

It is a Banking and PSU Fund from Bajaj Finserv Mutual Fund. Invest at least 80% in bonds of banks, public sector undertakings and public financial institutions.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Bajaj Finserv Banking and PSU Debt Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.