Investment Objective and Approach

The fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The scheme will allocate 80% to 100% of its assets to large cap companies, and may also allocate up to 20% of its portfolio to equity and equity related securities of mid or small cap companies, foreign companies, debt securities and money market instruments.

The scheme follows a moat investment strategy, whereby it will identify and focus on companies that have a track record of good performance, a distinct competitive advantage over their peers and the capability to safeguard and build on this competitive edge. Bajaj Finserv Asset Management Limited also follows its inhouse INQUBE philosophy framework which combines information, analysis and behavioural factors in investment strategy.

The fund maintains an active investment approach with:

- A focused investment strategy with high conviction in stock selection

- High active share, meaning that the weightage of stocks in its portfolio may differ significantly from the benchmark index

- Through this actively managed portfolio, the fund will aim to potentially generate benchmark-beating returns in the long term

Key Investment Details:

- Fund Launch Date: 06-02-2024

- Latest NAV: ₹12.15 (as of 23 May 2025)

- Current AUM: ₹22,504 Cr

- Minimum SIP Investment: ₹500, Minimum Lumpsum Investment: ₹500

- Expense Ratio: 2.0%

Fund Managers

The fund is managed by experienced professionals with extensive market expertise:

Nimesh Chandan - An investment professional with more than 22 years of experience in investing in the Indian capital markets. Previously as Head of Investments (Canara Robeco AMC), he was responsible for all Equity Business wherein he oversaw equity assets of Rs. 400 Bn and advised Robeco funds on their India exposure of Rs. 350 Bn. Nimesh Chandan is the newly appointed Chief Investment Officer at Bajaj Finserv's upcoming mutual fund. He has over a decade of experience, formerly serving as Head of Investments at Canara Robeco Mutual Fund. Chandan, who has also worked with Birla Sunlife and SBI Asset Management, is a noted expert in behavioral finance.

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. 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 - Senior Fund Manager, Equity at Bajaj Finserv Asset Management Limited. 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.

About the Fund House (AMC)

Bajaj Finserv Asset Management Ltd, a wholly owned subsidiary of Bajaj Finserv Ltd, has carved a niche in India's mutual fund industry as an organisation committed to meaningful innovation. 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 company has experienced rapid growth and has surpassed the Rs. 20,000-crore AUM milestone as of February 28, 2025. As of August 2024, the company operates 13 active mutual funds in the country and offers a portfolio that includes equity, debt, and hybrid asset classes. It is ranked among the top 30 out of 45 mutual fund houses in India by AUM.

Investment Philosophy - InQuBe Framework:

The differentiation reflected in each of its offerings is driven by the three-stage investment philosophy of Bajaj Finserv Asset Management Ltd – InQube – a synergy of informational, quantitative, and behavioural edge. InQuBe investment philosophy combines behavioural finance with data and analytics.

Key Strengths:

- Backed by one of India's most respected and oldest brands, offering an array of innovative investment solutions using a differentiated approach to investing

- Committed to transparency, providing regular updates on fund performance, portfolio holdings, and market insights

- Embrace hassle-free investing with end-to-end digital process

Should I Invest in Bajaj Finserv Large and Mid Cap Fund?

This fund may be suitable for investors who:

Ideal For:

- Seek long-term capital appreciation through equity investments

- Want exposure to both large and mid-cap companies in a single fund

- Prefer professionally managed portfolios with active stock selection

- Have moderate to high risk tolerance

- Can invest for a horizon of 3-5 years or more

Key Considerations:

- The fund is rated Very High risk

- Exit Load: 1% will be charged for redemption within 6 months

- Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year

- The fund is relatively new, having been launched on 06-02-2024

Investment Options:

- Direct Plan and Regular Plan available, both follow the same investment strategy, but the way you invest, and the cost, differs

- Direct Plan is for investors who prefer to invest on their own, without involving a distributor. Since there's no middleman, there are no commission costs, which helps keep the expense ratio lower. Over time, this can result in slightly better returns

FAQs

What is today's NAV of Bajaj Finserv Large and Mid Cap Fund?

The NAV changes daily based on market movements. For the most current NAV, check official sources like the Bajaj Finserv website or trusted financial platforms like Allvest.

What is the AUM of Bajaj Finserv Large and Mid Cap Fund?

The fund currently has an Asset Under Management (AUM) of ₹22,504 Cr (as of 23 May 2025).

What is the expense ratio of Bajaj Finserv Large and Mid Cap Fund?

The fund has an expense ratio of 2.0%, which varies between Direct and Regular plans.

What are the returns of Bajaj Finserv Large and Mid Cap Fund since inception?

The scheme return performance since launch is 22.88%. However, being a relatively new fund, historical performance data is limited.

What is the minimum SIP amount to invest in Bajaj Finserv Large and Mid Cap Fund?

Minimum SIP Investment is set to ₹500.

How do I invest in Bajaj Finserv Large and Mid Cap Fund?

You can invest through Allvest's platform by completing KYC, selecting the fund, choosing between SIP or lumpsum, and making the payment online.

How to start a SIP in Bajaj Finserv Large and Mid Cap Fund?

Register on Allvest, complete your KYC, select the fund, choose 'Start SIP' option, set your monthly investment amount and date, then authorize the auto-debit.

How do I automate an SIP in Bajaj Finserv Large and Mid Cap Fund?

Set up auto-debit through Allvest by providing bank account details and authorizing automatic monthly debits for your chosen SIP amount.

How can I withdraw/redeem my investment in Bajaj Finserv Large and Mid Cap Fund?

You can redeem through Allvest's platform. Note that 1% exit load applies for redemption within 6 months of investment.