October 15, 2025
RA Jainee
Bajaj Finserv Banking And Financial Services Fund Direct-Growth
Bajaj Finserv Banking And Financial Services Fund Direct-Growth snapshot
| NFO opens on | 10 November 2025 |
| NFO Closes on | 24 November 2025 |
| Min. Investment | Rs. 500 |
| Plans | Growth, IDCW |
| Sahifund Verdict | Suitable for aggressive investors with a 5+ year horizon, who believe in India’s long-term financial inclusion and banking growth story. Conservative or short-term investors may prefer diversified Flexicap or Largecap funds. |
⏱️ Last Update: 16 October 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Bajaj Finserv Banking And Financial Services Fund Direct-Growth Open Date, Close Date?
NFO opens on November 10, 2025
NFO will close on November 24, 2025
Investment Strategy for this NFO?
The Scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies engaged in Banking and Financial Services.
Basic Details
| Fund House | Bajaj Finserv Mutual Fund |
| Issue Open | 10 November 2025 |
| Issue Close | 24 November 2025 |
| Type | Open-ended |
| Category | Equity: Sectoral-Banking |
| Min. Investment(Rs) | 500 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 3 months |
| Riskometer | Very High |
| Benchmark | NIFTY Financial Services TRI |
About Benchmark Index for this NFO?
The Nifty Financial Services Index is designed to reflect the behaviour and performance of the Indian financial market which includes banks, financial institutions, housing finance, insurance companies and other financial services companies. The Nifty Finance Index comprises of 20 stocks that are listed on the National Stock Exchange (NSE).
Nifty Financial Services Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Financial Services 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 Financial Services Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 20 |
| Launch Date | September 07, 2011 |
| Base Date | January 01, 2004 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Bajaj Finserv Banking And Financial Services Fund Direct-Growth
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.
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.
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.
AMC
Bajaj Finserv Asset Management Ltd.
Address: S. No – 239/2, 11th Floor, Office No. 1101 A and 1101 B, Sky One Corporate Park, Lohegaon, Pune, Maharashtra Pune – 411032
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/
Review for Bajaj Finserv Banking And Financial Services Fund Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Financial Services TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -4.24 | 10.67 | 6.30 | 19.63 | 16.16 |
| Total Return | -3.93 | 11.72 | 7.35 | 20.66 | 17.43 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 14.88 | 18.16 | 27.15 |
| Beta (NIFTY 50) | 1.01 | 1.13 | 1.15 |
| Correlation (NIFTY 50) | 0.88 | 0.89 | 0.90 |
Fundamentals14.88
| P/E | P/B | Dividend Yield |
| 17.14 | 2.71 | 1.0 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 32.13 |
| ICICI Bank Ltd. | 21.28 |
| State Bank of India | 8.01 |
| Axis Bank Ltd. | 7.17 |
| Kotak Mahindra Bank Ltd. | 6.48 |
| Bajaj Finance Ltd. | 5.88 |
| Bajaj Finserv Ltd. | 2.53 |
| Jio Financial Services Ltd. | 2.13 |
| Shriram Finance Ltd. | 1.91 |
| BSE Ltd. | 1.84 |
Past Performance of Nimesh Chandan
| Fund | Bajaj Finserv Money Market Fund | It’s Benchmark | Bajaj Finserv Flexi Cap Fund | It’s Benchmark |
| 1 Year | 7.20 | 4.67 | 0.69 | -1.54 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 15-10-2025
Past Performance of Siddharth Chaudhary
| Fund | Bajaj Finserv Liquid Fund | It’s Benchmark | Bajaj Finserv Overnight Fund | It’s Benchmark |
| 1 Year | 6.64 | 4.67 | 6.03 | 4.67 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 15-10-2025
Past Performance of Sorbh Gupta
| Fund | Bajaj Finserv Flexi Cap Fund | It’s Benchmark | Bajaj Finserv Large and Mid Cap Fund | It’s Benchmark |
| 1 Year | 0.69 | -1.54 | -2.86 | -1.03 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 15-10-2025
[B] Review of Fund Managers
Nimesh Chandan
-
Background: Mr. Chandan is an MBA in Finance., 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.
Siddharth Chaudhary
-
Background: Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets)., Prior to joining Bajaj Finserv Mutual Fund, he has worked with Sundaram Mutual Fund and Indian Bank.
Sorbh Gupta
-
Background: Mr. Gupta is a B.Com, CA and CFA., 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.
Sahifund Verdict:
Bajaj Finserv Banking & Financial Services Fund – Direct Growth Review
(By Paresh Gordhandas, C.A. & Research Analyst)
Bajaj Finserv Banking & Financial Services Fund is a sectoral equity scheme that aims to generate long-term capital appreciation by investing primarily in banks, NBFCs, housing finance, insurance, and fintech companies. The NFO opens on November 10, 2025, and closes on November 24, 2025, with a minimum investment of Rs. 500 and exit load of 1% for redemptions within 3 months.
The scheme’s benchmark, Nifty Financial Services TRI, has delivered ~20.7% CAGR over 5 years, reflecting the sector’s structural growth despite short-term volatility. The fund will actively allocate across private banks, PSU banks, diversified lenders, and fintechs to capture evolving financial opportunities.
Managed by experienced fund managers Nimesh Chandan, Siddharth Chaudhary, and Sorbh Gupta, the fund combines deep research expertise with Bajaj Finserv AMC’s strong understanding of financial cycles. However, being sector-focused, returns will be cyclical and closely linked to interest rate trends and credit growth.
SahiFund Verdict: Suitable for aggressive investors with a 5+ year horizon, who believe in India’s long-term financial inclusion and banking growth story. Conservative or short-term investors may prefer diversified Flexicap or Largecap funds.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Bajaj Finserv Banking And Financial Services Fund Direct-Growth NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
Quicklinks