Investment Objective and Approach

Bajaj Finserv Money Market Fund is an open-ended debt scheme investing in money market instruments - such as certificates of deposit, commercial papers, commercial bills, treasury bills etc - with a maturity of up to one year and carrying relatively low interest rate risk and moderate credit risk.

This fund seeks to generate relatively stable returns through investment money market instruments. The fund is designed for investors seeking reasonable return potential over the short term at low-to-moderate risk and with high liquidity.

The investment approach focuses on:

- Capturing term and credit spreads and maintaining a balance between safety, liquidity, and potential return aspects of various investments

- Investing in high-quality money market securities

- Managing interest rate and credit risk exposure

- Maintaining optimal portfolio liquidity

Target investor profile includes:

- Investors looking for a low-risk investment and have 6-12 months investment horizon

- Individuals seeking a liquid investment that can be easily redeemed when needed

- Investors who want to diversify their investment portfolio and reduce their overall risk

Fund Managers

Nimesh Chandan - Chief Investment Officer

Nimesh Chandan has over 24 years of experience in the Indian Capital Markets. He has spent 18 years in Fund Management- managing and advising domestic and international investors, retail as well as institutional. Prior to joining Bajaj Finserv Asset Management Ltd., he has worked with Canara Robeco Asset Management as Head of Investments, Equities (Domestic and Offshore). He has also worked with other asset management companies including Birla Sunlife Asset Management, SBI Asset Management and ICICI Prudential Asset Management.

Siddharth Chaudhary - Head, Fixed Income

Siddharth Chaudhary joined the Company in July 2022 as a Head – Fixed Income. Prior to this, he was associated with Sundaram Asset Management Co. Ltd from April 2019 - July 2022 as Head Fixed Income – Institutional Business. From April 2017 – March 2019, he served as a Senior Fund Manager – Fixed Income, and from August 2010 – March 2017 as a Fund Manager – Fixed Income with Sundaram Asset Management Co. Siddharth Chaudhary has 17 years of experience in fixed-income markets, of which 12 years are in the Asset Management Industry and 4 years at the interest rate desk in the bank treasury.

About the Fund House (AMC)

Bajaj Finserv Asset Management Limited is a wholly-owned subsidiary of Bajaj Finserv Limited. In March 2023, SEBI granted approval for Bajaj Finserv Asset Management Limited to begin its mutual fund business operations under the name Bajaj Finserv Mutual Fund.

The AMC operates with a distinctive investment philosophy called InQuBe:

- Informational Edge: Leveraging superior information processing capabilities

- Quantitative Edge: Using data-driven models for investment decisions

- Behavioural Edge: In markets that don't always reflect future value, they find opportunities to invest in companies at prices below their true worth

Their investment philosophy is built on the idea that long-term equity investments can provide solid returns for investors. At Bajaj Finserv Asset Management, the focus is on the core strengths of businesses, believing that quality and management are key to creating wealth over time.

Key highlights:

- As of December 2023, the AMC manages assets valued at Rs. 6217 crores

- The AMC offers a plethora of innovative products and investment schemes across fixed income, equity and hybrid categories, offering investors to diversify their portfolio

- With a future-focused and customer-first approach, Bajaj Finserv Asset Management Limited aims to enable everyone to meet their financial aspirations

Should I Invest in Bajaj Finserv Money Market Fund?

This fund may be suitable for you if:

Ideal For:

- Conservative investors seeking capital preservation with modest returns

- Those looking for parking surplus funds for short durations

- Investors wanting higher returns than savings accounts with low risk

- Portfolio diversification for risk reduction

- Emergency fund creation with better liquidity than fixed deposits

Investment Parameters:

- Investments for Bajaj Finserv Money Market Fund start at Rs. 1,000 (lumpsum as well as Systematic Investment Plan or SIP)

- Inception Date: 24th July 2023

- The fund has an expense ratio of 0.76, which is quite reasonable as compared to most other debt mutual fund schemes

Key Financial Metrics (as of latest available data):

- The AUM of Bajaj Finserv Money Market Fund is ₹3,691.34 Cr (as of May 2025)

- The 1-year, 3-year and 5-year returns of this fund were 7.57, 0.00 and 0.00 respectively

- The minimum SIP amount of Bajaj Finserv Money Market Fund is ₹1000

Risk Considerations:

- Interest rate risk in changing rate environments

- Credit risk from underlying securities

- Liquidity risk during market stress

- Returns may vary based on market conditions

FAQs

What is today's NAV of Bajaj Finserv Money Market Fund?

The NAV changes daily based on market movements. You can check the current NAV on the Allvest platform or the AMC's official website for the most updated information.

What is the AUM of Bajaj Finserv Money Market Fund?

The AUM of Bajaj Finserv Money Market Fund is ₹3,691.34 Cr as of May 2025. The AUM reflects the fund's size and investor confidence.

What is the expense ratio of Bajaj Finserv Money Market Fund?

The fund has an expense ratio of 0.76, which is quite reasonable as compared to most other debt mutual fund schemes. Direct plans have lower expense ratios than regular plans.

What are the returns of Bajaj Finserv Money Market Fund since inception?

The 1-year, 3-year and 5-year returns of this fund were 7.57, 0.00 and 0.00 respectively. Since the fund was launched in July 2023, longer-term returns are not yet available.

What is the minimum SIP amount to invest in Bajaj Finserv Money Market Fund?

The minimum SIP amount of Bajaj Finserv Money Market Fund is ₹1000 with monthly frequency options available.

How do I invest in Bajaj Finserv Money Market Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing between lump sum or SIP, and making payment via net banking or UPI.

How to start a SIP in Bajaj Finserv Money Market Fund?

Log into Allvest, search for the fund, select 'Start SIP', choose your monthly amount (minimum ₹1,000), select SIP date, and set up auto-debit from your bank account.

How do I automate an SIP in Bajaj Finserv Money Market Fund?

To automate an SIP in Bajaj Finserv Money Market Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Bajaj Finserv Money Market Fund automatically, ensuring consistent contributions without manual intervention. Similar automation is available on Allvest.

How can I withdraw/redeem my investment in Bajaj Finserv Money Market Fund?

Log into your Allvest account, navigate to your portfolio, select the fund, choose redemption amount or units, and submit the request. Proceeds are credited to your registered bank account within 1-2 business days.