Bajaj Finserv Mutual Fund was incorporated on 18 October 2021. Bajaj Finserv Limited is the Sponsor/Settlor, and Bajaj Finserv Mutual Fund Trustee Limited is the Trustee. The Mutual Fund was registered with SEBI on March 01, 2023. Bajaj Finserv MF offers a range of 15 funds across different risk-return profiles, which include 7 equity, 5 debt, and 3 hybrid funds. Bajaj Finserv Asset Management recorded assets under management (AUM) of ₹ 17,434 crore on 31 December 2024. As of 31 March 2024, the total count of folios of investors was 2,29,329. The Company services unitholders directly and through 35,000+ empanelled mutual fund distributors.
Bajaj Finserv Limited was founded in April 2007. It is one of India’s leading and most diversified financial services institutions and is a part of the renowned Bajaj Group. Bajaj Finserv Ltd provides simple economic solutions to crores of people every day through its group companies.
Bajaj Finserv holds a 52.49% stake in Bajaj Finance Limited. It has a 74% stake each in Bajaj Allianz Life Insurance Company & Bajaj Allianz General Insurance Company subsidiaries of Bajaj Finance Ltd. include Bajaj Housing Finance Ltd., offering a wide range of housing finance solutions, and Bajaj Financial Securities Ltd, an all-in-one digital platform combining demat, broking and margin trade financing for retail and HNI clients on primarily B2C platform. Bajaj Finserv holds an 80.13% stake in Bajaj Finserv Direct Limited.
Key Information About Bajaj Finserv Mutual Fund
How to Invest in the Bajaj Finserv Mutual Fund
Investing in the best Bajaj Finserv Mutual Fund can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
According to your risk tolerance (low, mid, or high) and financial goals, choose your mutual types, such as equity, debt, hybrid, index, and sector funds.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred Bajaj Finserv Mutual Fund.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the app guidelines to ensure a seamless process.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set up a periodic systematic investment plan (SIP). You can also make a lump-sum investment if you have a large amount to invest. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, relax and let your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best Bajaj Finserv Mutual Funds in India
Here is the list of some of the best Bajaj Finserv Mutual Funds in India:
* AUM as of 28 February 2025
Detailed Overview of Bajaj Finserv Mutual Fund Schemes
Now, let’s discuss these 10 Bajaj Finserv Mutual Fund schemes in detail:
1. Bajaj Finserv Flexi Cap Fund - Direct-Growth Plan
Bajaj Finserv Flexi Cap Fund is an equity scheme with BSE 500 TRI as its benchmark. The fund invests in equity and equity-related instruments across market capitalisation to generate long-term capital appreciation.
- Fund Performance: The fund's annualized return since inception is around 16.07%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Flexi Cap Fund is ₹500, and for SIP, it is ₹500 (minimum 6 instalments).
2. Bajaj Finserv Banking and PSU Fund - Direct-Growth Plan
Bajaj Finserv Banking and PSU Fund is a debt fund with Nifty Banking and PSU Debt Index A-II as its benchmark. The scheme predominantly invests in debt & money market securities issued by banks, PSUs, PFI, municipal bonds and reverse repos issued by the Central Government and State Governments, and/or any security unconditionally guaranteed by the Govt. of India.
- Fund Performance: The fund's annualized return since inception is around 8.26%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Banking and PSU Fund is ₹1000, and for SIP, it is ₹1000.
3. Bajaj Finserv Arbitrage Fund - Direct-Growth Plan
Bajaj Finserv Arbitrage Fund is a hybrid fund with Nifty 50 Arbitrage Index (TRI) as its benchmark. The scheme strives to generate returns by investing in arbitrage opportunities in the equity markets (cash and derivatives segments) and investing the balance in debt and money market instruments.
- Fund Performance: The fund's annualized return since inception is around 7.48%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Arbitrage Fund is ₹500, and for SIP, it is ₹500 (minimum 6 instalments).
4. Bajaj Finserv Large and Mid Cap Fund - Direct-Growth Plan
Bajaj Finserv Large and MidCap Fund is an open-ended equity scheme that invests predominantly at least 35% and 65% of its assets in large and mid-cap stocks from various sectors to generate capital appreciation over the long term. Also, it invests a small portion of its portfolio in equity-related instruments other than large and mid-cap companies or fixed-income securities and units issued by REITs and InvITs.
- Fund Performance: The fund's annualized return since inception is around 9.02%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Large and MidCap Fund is ₹500, and for SIP, it is ₹500 (minimum 6 instalments).
5. Bajaj Finserv Money Market Fund - Direct-Growth Plan
Bajaj Finserv MoneyMarket Fund is a debt fund with NIFTY Money Market Index A-I as its benchmark. The scheme invests in a portfolio comprising money market instruments to generate regular income.
- Fund Performance: The fund's annualized return since inception is around 7.81%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Money Market Fund is ₹1000, and for SIP, it is ₹1000.
6. Bajaj Finserv Balanced Advantage Fund - Direct-Growth Plan
Bajaj Finserv Balanced Advantage Fund is a hybrid fund with a benchmark NIFTY 50 Hybrid Composite debt 50:50 Index. The scheme’s investment objective is to capitalise on the potential upside of equities while trying to limit the downside by dynamically handling the portfolio through investment in equity & equity-related instruments and active use of debt, money market securities and derivatives.
- Fund Performance: The fund's annualized return since inception is around 3.24%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Balanced Advantage Fund is ₹500, and for SIP, it is ₹500 up to ₹1,000 (minimum 60 instalments)
7. Bajaj Finserv Consumption Fund - Direct-Growth Plan
Bajaj Finserv Consumption Fund is an open-ended equity scheme that follows the consumption theme by investing in equity and equity-related instruments of companies with a possibility to benefit directly or indirectly from domestic consumption-led demand.
- Fund Performance: The fund's annualized return since inception is around -14.14%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Consumption Fund is ₹500, and for SIP, it is ₹500 (minimum 6 instalments).
8. Bajaj Finserv Overnight Fund - Direct-Growth Plan
Bajaj Finserv Overnight Fund is a debt fund with CRISIL Liquid Overnight Index as its benchmark. The scheme invests primarily in overnight securities with a maturity of 1 business day to provide reasonable returns proportional to low risk and a high level of liquidity.
- Fund Performance: The fund's annualized return since inception is around 6.73%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Overnight Fund is ₹1000, and for SIP, it is ₹1000.
9. Bajaj Finserv Multi Asset Allocation Fund - Direct-Growth Plan
Bajaj Finserv Multi Asset Allocation Fund is an open-ended scheme investing in equity and equity-related instruments, debt and money market instruments, Silver ETFs, Gold ETFs, exchange-traded commodity derivatives and units of REITs and InvITs.
- Fund Performance: The fund's annualized return since inception is around 1.56%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv MultiAsset Allocation Fund is ₹500, and for SIP, it is ₹500.
10. Bajaj Finserv Liquid Fund - Direct-Growth Plan
Bajaj Finserv Liquid Fund (BFLF) is a debt fund with NIFTY Liquid Index A-I Index as its benchmark. The scheme invests primarily in the money market and debt securities, with a maturity of up to 91 days to provide consistent income with the objectives of preservation of capital, lower risk and high liquidity.
- Fund Performance: The fund's annualized return since inception is around 7.35%.
- Minimum Investment Amount: The minimum lump sum for the Bajaj Finserv Liquid Fund is ₹1000, and for SIP, it is ₹1000.
Top Fund Managers
Below is the list of people who have made Bajaj Finserv Mutual Fund Investment a standout choice in a highly competitive market.
1. Nimesh Chandan
Nimesh Chandan is the Chief Investment Officer at Bajaj Finserv Asset Management Limited. He has around 23 years of experience in the Indian Capital Markets. He has spent many years in fund management, handling and advising domestic and international investors as well as retail and institutional investors. Before this, he worked with Canara Robeco Asset Management, Birla Sunlife Asset Management, SBI Asset Management and ICICI Prudential Asset Management.
2. Sorbh Gupta
Sorbh Gupta was appointed Senior Fund Manager of Equity at Bajaj Finserv Asset Management Limited in November 2022. He has 16 years of experience in the Indian Capital Markets. Before that, he was associated with Quantum Asset Management Company Private Ltd., Siddhesh Capital Markets Pvt. Ltd. and Pranav Securities Pvt. Ltd.
3. Siddharth Chaudhary
Siddharth Chaudhary joined the Bajaj Finserv AMC as a Senior Fund Manager of Fixed Income in July 2022. Previously, he worked with Sundaram Asset Management Co. Ltd as Head of Fixed Income – Institutional Business and Senior Fund Manager – Fixed Income. He also worked as a fund manager for fixed income with Sundaram Asset Management Co. Ltd.; he worked as senior manager for the Treasury Dept in Indian Bank.
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