October 25, 2024
mayank
Bajaj Finserv Consumption Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Bajaj Finserv Consumption Fund Open Date, Close Date?
NFO opens on November 08, 2024
NFO will close on November 22, 2024
What is the Investment Strategy?
The scheme seeks to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.
Basic Details
| Fund House | Bajaj Finserv Mutual Fund |
| Issue Open | 08 November 2024 |
| Issue Close | 22 November 2024 |
| Type | Open-ended |
| Category | Equity: Thematic-Consumption |
| Min. Investment(Rs) | 500 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 3 months |
| Riskometer | Very High |
| Benchmark | NIFTY India Consumption TRI |
What is The Benchmark Index of Bajaj Finserv Consumption Fund?
The Nifty India Consumption Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector which includes sectors like Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment, etc. The Nifty India Consumption Index comprises of 30 companies listed on the National Stock Exchange (NSE).
At the time of rebalancing of shares/ change in index constituents/ change in investible weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%. Nifty India Consumption Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty India Consumption Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 15.23 | 33.92 | 51.62 | 20.95 | 14.57 |
| Total Return | 15.57 | 35.06 | 53.15 | 22.29 | 15.95 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 11.87 | 16.64 | 19.06 |
| Beta (NIFTY 50) | 0.71 | 0.75 | 0.80 |
| Correlation (NIFTY 50) | 0.80 | 0.86 | 0.90 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 52.38 | 10.05 | 0.84 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| ITC Ltd. | 10.05 |
| Bharti Airtel Ltd. | 9.75 |
| Mahindra & Mahindra Ltd. | 7.75 |
| Hindustan Unilever Ltd | 7.40 |
| Maruti Suzuki India Ltd. | 4.90 |
| Zomato Ltd. | 4.78 |
| Trent Ltd. | 4.73 |
| Titan Company Ltd | 4.45 |
| Asian Paints Ltd. | 4.23 |
| Bajaj Auto Ltd. | 3.85 |
Performance Review of the Fund Managers of Bajaj Finserv Consumption Fund?
1) Nimesh Chandan
Education: Mr. Chandan is an MBA in Finance.
Experience: He has good years of experience in capital markets. Prior to joining Bajaj Finserv Mutual Fund, he had been with Canara Robeco MF, ICICI Prudential MF, SBI MF and Aditya Birla Sun Life AMC as fund manager and has also worked with Stratcap Securities and Darashaw and Company.
Past Performance of his Schemes
| Fund | Bajaj Finserv Flexi Cap Fund | It’s Benchmark | Bajaj Finserv Large and Mid Cap Fund | It’s Benchmark |
| 1 Year | 41.53 | 35.63 | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 25-10-2024
2) Siddharth Chaudhary
Education: Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).
Experience: Prior to joining Bajaj Finserv Mutual Fund, he has worked with Sundaram Mutual Fund and Indian Bank.
Past Performance of his Schemes
| Fund | Bajaj Finserv Money Market Fund | It’s Benchmark | Bajaj Finserv Flexi Cap Fund | It’s Benchmark |
| 1 Year | 7.11 | 4.95 | 39.39 | 35.63 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 25-10-2024
3) Sorbh Gupta
Education: Mr. Gupta is a B.Com, CA and CFA.
Experience: Prior to joining Bajaj Finserv Mutual Fund, he was associated with Quantum Mutual Fund, Siddhesh Capital Markets Pvt. Ltd. & Pranav Securities Pvt. Ltd. He has over 11 years of overall experience in the equity research.
Past Performance of his Schemes
| Fund | Bajaj Finserv Nifty 50 ETF | It’s Benchmark | Bajaj Finserv Large and Mid Cap Fund | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 25-10-2024
Which Company Owns Bajaj Finserv Consumption Fund?
Bajaj Finserv Asset Management Ltd.
Address: 8th floor, E-Core, Solitaire Business Hub (formerly Marvel Edge), Viman Nagar Pune – 411014
Website: https://www.bajajamc.com/
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Is it good to invest in Bajaj Finserv Consumption Fund NFO?
Guidance for Bajaj Finserv Consumption Fund by Paresh Gordhandas, C.A., Research Analyst.
The consumption theme is widely popular among investors right now. If you look at the composition of any largecap, flexicap or multicap funds right now, consumption sector has one of the highest weightage in sectoral distribution.
The Bajaj Finserv Consumption Fund is an actively managed fund based on the Nifty India Consumption Index. This Index includes companies from sectors like Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment, etc. The Index has given one year return of 51% and Year to Date return of more than 33%.
One can invest a small amount in this Fund right now.
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks