Bajaj Finserv Banking and PSU Fund
Banking and PSU Fund · Bajaj Finserv Asset Management Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹99,240. Its ride has historically been comparatively steady.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Bajaj Finserv Banking and PSU Fund is a banking and psu fund from Bajaj Finserv Asset Management Limited. It has a track record of about 2.8 years. As of the latest data it carries an RS rating of 70/99 (its recent momentum versus category peers). The current NAV is ₹12.23 (as of 2026-09-16).
Growth of ₹100 - last 3 years
Bajaj Finserv Banking and PSU Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -0.1% | -0.12% |
| 3 months | 1.17% | 1.26% |
| 6 months | 2.63% | 2.78% |
| 1 year | 5.02% | 5.33% |
Its trailing one-year return is 5.02%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Bajaj Finserv Banking | Benchmark |
|---|---|---|
| 2024 | +8.4% | n/a |
| 2025 | +7.9% | n/a |
| 2026 | +3.3% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -0.76% | -2.82% |
| Worst drawdown (3Y) | -0.76% | -0.62% |
| Volatility (1Y) | 1.75% | 1.65% |
| Sharpe (3Y) | 0.59 | 0.54 |
| Bull-market return | 9.0% | 7.3% |
| Bear-market return | 9.4% | 9.17% |
Timing matters more than people admit: the best possible 1-year stretch in Bajaj Finserv Banking and PSU Fund (starting 2024-06-06) gained 11.2%, while the worst (starting 2025-05-21) still made 3.0%. The worst peak-to-bottom fall Bajaj Finserv Banking and PSU Fund has ever put investors through is -0.76% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 9.4% annualised, versus 9.0% in rising markets.
How Bajaj Finserv Banking and PSU Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Bajaj Finserv Banking and PSU Fund has historically returned about 9.4% annualised, versus roughly 9.0% when the market is rising. Its deepest fall on record is -0.76%. Right now it sits about 0.1% below its all-time high (last hit 2026-08-14). The real question isn't the average year - it's whether you could hold on through the worst one.
How Bajaj Finserv Banking and PSU Fund ranks in its category
Percentile versus its ~129 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages Bajaj Finserv Banking and PSU Fund - and how good are they?
Bajaj Finserv Banking and PSU Fund is managed by Nimesh Chandan and Siddharth Chaudhary. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Nimesh Chandan's full record
Nimesh Chandan currently runs 9 funds, across Banking and PSU Fund, ELSS, Flexi Cap Fund, Gilt Fund and more, with about ₹15,538 Cr under management. The book's average King Score is 90.5/100. Their strongest fund by King Score is Bajaj Finserv Flexi Cap Fund (94/100); Bajaj Finserv Banking and PSU Fund ranks #8 of 9 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bajaj Finserv Flexi Cap Fund | 74 | 94 | 1.8% | 11.9% | 4.3% | 16.3% | n/a | n/a | 0.7 | n/a | -17.5% |
| 2 | Bajaj Finserv Overnight Fund | 96 | 87 | 1.3% | 2.6% | 5.4% | 6.1% | n/a | n/a | -1.49 | n/a | 0.0% |
| 3 | Bajaj Finserv Gilt Fund | 94 | n/a | 2.0% | 3.6% | 4.5% | n/a | n/a | n/a | -0.52 | n/a | -3.9% |
| 4 | Bajaj Finserv Multi Cap Fund | 87 | n/a | 2.6% | 15.7% | 8.7% | n/a | n/a | n/a | 0.48 | n/a | -13.3% |
| 5 | Bajaj Finserv Small Cap Fund | 81 | n/a | 6.6% | 28.8% | 14.8% | n/a | n/a | n/a | n/a | n/a | -15.2% |
| 6 | Bajaj Finserv Large Cap Fund | 79 | n/a | -0.2% | 2.3% | -0.2% | n/a | n/a | n/a | -0.45 | n/a | -16.9% |
| 7 | Bajaj Finserv ELSS Tax Saver Fund | 73 | n/a | 0.8% | 9.5% | 3.2% | n/a | n/a | n/a | 0.21 | n/a | -13.5% |
| 8 | Bajaj Finserv Banking and PSU Fund (this page) | 70 | n/a | 1.2% | 2.6% | 5.0% | n/a | n/a | n/a | 0.59 | n/a | -0.8% |
| 9 | Bajaj Finserv Large and Mid Cap Fund | 39 | n/a | -0.2% | 5.6% | -0.2% | n/a | n/a | n/a | 0.16 | n/a | -16.2% |
Siddharth Chaudhary's full record
Siddharth Chaudhary currently runs 14 funds, across Banking and PSU Fund, ELSS, Equity Savings, Flexi Cap Fund and more, with about ₹18,786 Cr under management. The book's average King Score is 90.5/100. Their strongest fund by King Score is Bajaj Finserv Flexi Cap Fund (94/100); Bajaj Finserv Banking and PSU Fund ranks #10 of 14 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bajaj Finserv Flexi Cap Fund | 74 | 94 | 1.8% | 11.9% | 4.3% | 16.3% | n/a | n/a | 0.7 | n/a | -17.5% |
| 2 | Bajaj Finserv Overnight Fund | 96 | 87 | 1.3% | 2.6% | 5.4% | 6.1% | n/a | n/a | -1.49 | n/a | 0.0% |
| 3 | Bajaj Finserv Healthcare Fund | 98 | n/a | 11.9% | 27.9% | 19.5% | n/a | n/a | n/a | 0.28 | n/a | -15.7% |
| 4 | Bajaj Finserv Gilt Fund | 94 | n/a | 2.0% | 3.6% | 4.5% | n/a | n/a | n/a | -0.52 | n/a | -3.9% |
| 5 | Bajaj Finserv Multi Cap Fund | 87 | n/a | 2.6% | 15.7% | 8.7% | n/a | n/a | n/a | 0.48 | n/a | -13.3% |
| 6 | Bajaj Finserv Equity Savings Fund | 85 | n/a | 1.2% | 3.1% | 5.0% | n/a | n/a | n/a | n/a | n/a | -1.1% |
| 7 | Bajaj Finserv Small Cap Fund | 81 | n/a | 6.6% | 28.8% | 14.8% | n/a | n/a | n/a | n/a | n/a | -15.2% |
| 8 | Bajaj Finserv Large Cap Fund | 79 | n/a | -0.2% | 2.3% | -0.2% | n/a | n/a | n/a | -0.45 | n/a | -16.9% |
| 9 | Bajaj Finserv ELSS Tax Saver Fund | 73 | n/a | 0.8% | 9.5% | 3.2% | n/a | n/a | n/a | 0.21 | n/a | -13.5% |
| 10 | Bajaj Finserv Banking and PSU Fund (this page) | 70 | n/a | 1.2% | 2.6% | 5.0% | n/a | n/a | n/a | 0.59 | n/a | -0.8% |
| 11 | Bajaj Finserv Multi Asset Allocation Fund | 60 | n/a | 0.3% | 1.7% | 9.6% | n/a | n/a | n/a | 0.34 | n/a | -10.0% |
| 12 | Bajaj Finserv Consumption Fund | 50 | n/a | 3.1% | 12.0% | -7.1% | n/a | n/a | n/a | -0.66 | n/a | -21.1% |
| 13 | Bajaj Finserv Large and Mid Cap Fund | 39 | n/a | -0.2% | 5.6% | -0.2% | n/a | n/a | n/a | 0.16 | n/a | -16.2% |
| 14 | Bajaj Finserv Banking and Financial Services Fund | n/a | n/a | -1.7% | 4.8% | n/a | n/a | n/a | n/a | n/a | n/a | -15.0% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.29% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹1000 |
| Fund size (AUM) | ₹271 Cr |
| Age | 2.8 years |
| Plan / Option | Direct · Growth |
How Bajaj Finserv Banking and PSU Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| Kotak Banking and PSU Debt | 75 | 89 | 7.3% |
| LIC MF Banking & PSU Fund | 88 | 89 | 7.3% |
| ICICI Prudential Banking and PSU Debt Fund | 87 | 87 | 7.2% |
| Franklin India Banking & PSU Debt Fund | 96 | 85 | 7.5% |
| ITI Banking & PSU Debt Fund | 83 | 84 | 7.0% |
| Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) | 82 | 83 | 7.1% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Bajaj Finserv Banking and PSU Fund review: the bottom line
Related
Frequently asked questions
Is Bajaj Finserv Banking and PSU Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Bajaj Finserv Banking and PSU Fund scores RS 70/99 within its category, and its worst drawdown was -0.76%. Compare those against your needs and the peer table above.
What is the NAV of Bajaj Finserv Banking and PSU Fund today?
The latest NAV is ₹12.23 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Bajaj Finserv Banking and PSU Fund?
The Direct-plan expense ratio is 0.29% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Bajaj Finserv Banking and PSU Fund?
Bajaj Finserv Banking and PSU Fund is managed by Nimesh Chandan; Siddharth Chaudhary.
Is Bajaj Finserv Banking and PSU Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -0.76% - ₹1 lakh briefly becoming about ₹99,240. As a debt fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Bajaj Finserv Banking and PSU Fund tax-efficient / what about capital gains?
As a debt fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Bajaj Finserv Banking and PSU Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.