| Launch date | 30 Dec 2024 |
| Allotment date | 17 Jan 2025 |
| End date | 13 Jan 2025 |
| NAV | ₹1,000.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Nimesh ChandanDec 2024 - PresentView details
Siddharth ChaudharyDec 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | ₹12,262.83Cr |
| Date of Incorporation | 18 Oct 2021 |
|---|
Bajaj Finserv Gilt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Bajaj Finserv Mutual Fund. This scheme was made available to investors on 18 Oct 2021. Nimesh Chandan is the Current Fund Manager of Bajaj Finserv Gilt Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹12,263 Cr and the Latest NAV as of 20 Jan 2025 is ₹1,001.24. The Bajaj Finserv Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. ;
Investment Objective
The Scheme seeks to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. ;
| Fund benchmark | CRISIL Dynamic Gilt Index |
|---|
Peer Comparison
| Debt, Gilt funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
ICICI Prudential Gilt Fund Direct Plan Growth | 5 | 8.7% | 7.7% | 6,810.77 |
SBI Magnum Gilt Fund Direct Growth | 5 | 9.0% | 7.4% | 11,264.64 |
DSP Government Securities Direct Plan Growth | 4 | 10.3% | 7.2% | 1,781.58 |
Axis Gilt Fund Direct Plan Growth | 4 | 9.9% | 6.9% | 933.76 |
Quant Gilt Fund Direct Growth | 5 | 8.4% | NA | 123.84 |