Bajaj Finserv Nifty Next 50 Index Fund Direct Growth

Equity
Large Cap
Very High Risk
Launch date22 Apr 2025
Allotment date12 May 2025
End date06 May 2025
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.30%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Ilesh Savla
Apr 2025 - Present
View details

Education
Mr. Savla has done B.Com and MBA, Finance
Experience
Prior to joining Bajaj Finserv Mutual Fund, he has worked with Reliance Nippon Life Insurance, Equirus Securities and Maybank KimEng Securities, SBI Capital Markets, Emkay Global Financial Services Ltd, Citi and ENAM
Also manages these schemes

Fund house & investment objective

Rank (total assets)NA
Total AUM₹32,365.56Cr
Date of Incorporation18 Oct 2021

Bajaj Finserv Nifty Next 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Bajaj Finserv Mutual Fund. This scheme was made available to investors on 18 Oct 2021. Ilesh Savla is the Current Fund Manager of Bajaj Finserv Nifty Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹32,366 Cr and the Latest NAV as of 16 Dec 2025 is ₹10.90. The Bajaj Finserv Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme is to invest in companies whose securities are included in the Nifty Next 50 Index and subject to tracking errors, to endeavor to achieve the returns of the Nifty Next 50 Index. This would be done by investing in all the stocks comprising Nifty Next 50 in approximately the same weightage that they represent in Nifty Next 50. The Scheme will not seek to outperform the Nifty Next 50 or to underperform it. The objective is that the performance of the NAV of the Scheme should track the performance of the Nifty Next 50 over the same period. ;

Fund benchmarkNIFTY Next 50 Total Return Index

Fund house contact details

Address
S. No - 239/2, 11th Floor, Office No. 1101 A and 1101 B,Sky One Corporate Park, Lohegaon, Pune, Maharashtra Pune 411032
Phone
NA
Launch Date
18 Oct 2021
E-mail
NA
Website

Peer Comparison

Equity, Large Cap fundsRating1Y3YFund Size(Cr)
5
4.7%19.6%50,312.32
5
5.0%18.6%6,933.59
5
6.7%18.4%78,159.80
4
3.8%16.4%17,233.68
5
3.6%16.1%40,617.55