February 20, 2025
mayank
Bajaj Finserv Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.2383
NAV IDCW: Rs 10.2383
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seeks to generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs.
Fund Manager:
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) 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.
3 ) 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.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 30% of the investment, 1% will be charged for redemption within 1 year |
Basic Details of Bajaj Finserv Multi Asset Allocation Fund
| Fund House | Bajaj Finserv Mutual Fund |
| Launch Date | 03-Jun-24 |
| Return Since Launch | 2.38% |
| Benchmark | NIFTY 50 TRI (65), NIFTY Short Duration Index (25), Domestic Price of Gold (10) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,110 Cr |
| (As on 31-Jan-2025) | |
| Expense | 0.53% |
| (As on 31-Jan-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Bajaj Finserv Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bajaj Finserv Multi Asset Allocation Dir | -1.63 | 0.19 | -0.39 | -1.15 | -5.18 | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | -2.02 | 0.44 | -0.96 | -1.20 | -2.17 | — | — | — | — | — |
| Rank within category | 16 | 26 | 12 | 19 | 24 | — | — | — | — | — |
| Number of funds in category | 30 | 31 | 30 | 28 | 27 | 23 | 14 | 6 | 3 | 3 |
Peer Comparison of Bajaj Finserv Multi Asset Allocation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Bajaj Finserv Multi Asset Allocation Dir | Unrated | — | — | — | 0.53 | 1,110 | 2.38 | 1.00 (365) | 8M | — |
| ICICI Pru Multi Asset Dir | 5 star | 14.47 | 18.83 | 21.74 | 0.70 | 52,761 | 16.78 | 1.00 (365) | 12Y 1M | 27.00 |
| SBI Multi Asset Allocation Dir | 4 star | 9.88 | 14.49 | 14.24 | 0.53 | 7,141 | 12.01 | 1.00 (365) | 12Y 1M | — |
| UTI Multi Asset Allocation Dir | 4 star | 11.62 | 17.86 | 15.23 | 0.41 | 5,079 | 10.11 | 1.00 (30) | 12Y 1M | 264.00 |
| Quant Multi Asset Dir | 5 star | 8.32 | 19.28 | 27.13 | 0.61 | 3,162 | 15.25 | 1.00 (15) | 12Y 1M | 248.00 |
Portfolio Analysis of Bajaj Finserv Multi Asset Allocation Fund
| No. of Stocks | 45 |
| Top 10 Holdings | 46.07% |
| Top 5 Stocks | 31.09% |
| Top 3 Sectors | 36.70% |
| Portfolio P/B Ratio | 3.24 |
| Portfolio P/E Ratio | 18.05 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,72,969 | 2,13,992 |
| Giant (%) | 52.36 | 55.80 |
| Large (%) | 22.99 | 21.09 |
| Mid (%) | 20.35 | 18.15 |
| Small (%) | 4.30 | 6.19 |
| Tiny (%) | — | 0.08 |
| Fund | Category | |
| Number of Securities | 56 | 71 |
| Macaulay Duration (yrs) | 2.14 | 3.32 |
| Average Maturity (yrs) | 2.35 | 5.31 |
| Yield to Maturity (%) | 8.01 | 7.19 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Bajaj Finserv Multi Asset Allocation Fund
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