Bajaj Finserv Banking and Financial Services Fund
Direct · GrowthAI Summary
The fund has delivered positive CAGR across all measured windows (1Y: 0.38%, 3Y: 0.13%, 5Y: 0.08%) while the NIFTY 50 posted negative CAGRs (1Y: -7.22%, 3Y: -2.47%), generating alpha of 9.24% over 1Y and 3.67% over 3Y. However, the fund's NAV of ₹10.013 and near-flat CAGRs indicate it is a very recently launched scheme, so long-term performance evidence is limited. No SIP XIRR data is available for direct comparison with the category averages of 14.1% (1Y) to 16.95% (5Y).
The fund shows a Beta of 1.12 against the NIFTY 50, meaning it moves slightly more than the market in both directions, with an Upside Capture of 115.73% and Downside Capture of 101.48% — it captures more upside than the benchmark but gives back nearly as much on the downside. Current drawdown metrics are mild (max drawdown of -0.16% over 41 days), though one drawdown event exceeding 10% has been recorded. The positive alpha across all windows suggests returns have compensated for the higher beta so far.
The portfolio is heavily concentrated in financials, with Banks at 51.8% and Finance at 26.2%, followed by Capital Markets (8.2%) and Insurance (7.5%). ICICI Bank (12.77%) and HDFC Bank (12.62%) are the largest positions, and the top 10 holdings account for roughly 60.8% of NAV across only 35 total stocks. This concentrated, large-cap-tilted financial sector exposure is typical of a sectoral fund but limits diversification.
As a sectoral/thematic fund, it cannot be directly compared to diversified equity peers, and the absence of the fund's own SIP XIRR prevents a like-for-like ranking against the category averages of 14.1% to 16.95%. Its consistent positive alpha versus the NIFTY 50 across 1Y to 15Y windows indicates relative outperformance versus the broad market. With a short track record (NAV near ₹10), consistency over a full market cycle remains unproven.
This fund suits investors who already hold a diversified core portfolio and want a tactical, high-conviction bet on India's banking and financial services sector. Given the sector concentration and beta above 1, it requires a high risk tolerance and a long horizon of at least 5 years to ride out sector cycles. It should be sized as a satellite allocation rather than a core holding.
- Positive alpha versus NIFTY 50 across all measured windows, including 9.24% over 1Y
- Strong upside capture of 115.73%, amplifying gains in rising markets
- Diversified within the sector across 35 holdings spanning banks, finance, capital markets, and insurance
- Heavy sector concentration with 78% in Banks and Finance, exposing investors to financial sector downturns
- Very short track record (NAV of ₹10.013) with no SIP XIRR data, making long-term performance unproven
- Downside capture of 101.48% with beta of 1.12 offers limited downside protection relative to its upside advantage
Generated on 05-09-2026, 3:02 AM. Verify before investing.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
Not enough data to compute SIP returns.
Not enough data to compute rolling returns.
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +9.24 | 1.12 | 115.7% | 101.5% | 0.4% | -7.2% |
| 3 Years | +3.67 | 1.12 | 115.7% | 101.5% | 0.1% | -2.5% |
| 5 Years | +2.52 | 1.12 | 115.7% | 101.5% | 0.1% | -1.5% |
| 7 Years | +2.01 | 1.12 | 115.7% | 101.5% | 0.1% | -1.1% |
| 10 Years | +1.65 | 1.12 | 115.7% | 101.5% | 0.0% | -0.8% |
| 12 Years | +1.50 | 1.12 | 115.7% | 101.5% | 0.0% | -0.6% |
| 15 Years | +1.36 | 1.12 | 115.7% | 101.5% | 0.0% | -0.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | ICICI Bank Limited | 12.77% |
| 2 | HDFC Bank Limited | 12.62% |
| 3 | State Bank of India | 7.24% |
| 4 | Bajaj Finance Limited | 5.60% |
| 5 | Kotak Mahindra Bank Limited | 4.86% |
| 6 | Axis Bank Limited | 4.41% |
| 7 | The Federal Bank Limited | 4.10% |
| 8 | Shriram Finance Limited | 3.84% |
| 9 | Jio Financial Services Limited | 2.80% |
| 10 | RBL Bank Limited | 2.60% |