HealthyDirect · GrowthFit for a long SIP
Bajaj Finserv ELSS - Tax Saver Fund
Bajaj Finserv Mutual FundEquity Schemes - ELSS- Tax Saver Fund1.7 years
The scheme seeks to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities while offering deduction on such investment made in the scheme under Section 80C of the Income Tax Act, 1961.
- NAV
- 11.204
- 30 Oct 2026
- 1Y
- -4.4%
- Trailing CAGR
- AUM
- ₹88.14 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 82% of rolling 1-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Fail
1.7 years - thin for judging consistency.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.28% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -13.5%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Nimesh Chandan · 1.9 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / lock-in
Watch
ELSS locks each installment for 3 years. Useful only if 80C is open on the old regime - otherwise locked equity.
Portfolio concentration
Pass
Top 10 holdings ≈ 53.2% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 14%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
ELSS lock-in
Every installment locks for 3 years. Only useful if 80C is still open on the old regime - otherwise it is locked equity, not a tax cut.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-4.4%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+6.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.6%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +6.6%
- Calendar-day CAGR
- Excess 1Y
- +0.8%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -13.5%
- Worst peak-to-trough
- Current
- -7.6%
- Below last peak
- Current spell
- 85 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 19 recovered episodes
- Longest recovery
- 73 days
- Trough to prior peak
2 Jan 2026 – 7 May 2026
Trough 31 Mar 2026 · recovered in 37 days
-13.5%
6 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-8.9%
7 May 2026 – 18 Jun 2026
Trough 11 Jun 2026 · recovered in 7 days
-5.9%
1 Jul 2025 – 20 Oct 2025
Trough 8 Aug 2025 · recovered in 73 days
-5.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
13
Vs category
55
Consistency
82
Risk-adjusted
30
Drawdown
66
Mean
49
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 82% of rolling 1-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 44 holdings · top 10 are 53.2%.
- Top 5
- 35.1%
- Top 10
- 53.2%
- Largest holding
- 9.2%
- Effective holdings
- 24.6
HDFC Bank Ltd
Financial
9.2%
Others CBLO
Unspecified
8.3%
ICICI Bank Ltd
Financial
6.4%
Reliance Industries Ltd
Energy & Utilities
5.8%
Divi's Laboratories Ltd
Healthcare
5.6%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
DSP ELSS Tax Saver Fund
DSP Mutual Fund
- 1Y
- -6.9%
- 3Y
- +13.0%
- Vol
- 15.8%
- Max DD
- -37.2%
- Sharpe
- 0.66
- 3Y win
- +88%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HSBC ELSS Tax saver Fund
HSBC Mutual Fund
- 1Y
- -3.3%
- 3Y
- +15.1%
- Vol
- 15.4%
- Max DD
- -19.2%
- Sharpe
- 0.58
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
WhiteOak Capital ELSS Tax Saver Fund
WhiteOak Capital Mutual Fund
- 1Y
- -2.3%
- 3Y
- +15.5%
- Vol
- 13.2%
- Max DD
- -16.4%
- Sharpe
- 0.78
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
JM ELSS - Tax Saver Fund
JM Financial Mutual Fund
- 1Y
- -1.3%
- 3Y
- +15.6%
- Vol
- 17.2%
- Max DD
- -37.4%
- Sharpe
- 0.64
- 3Y win
- +88%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Axis ELSS- Tax Saver Fund
Axis Mutual Fund
- 1Y
- -4.5%
- 3Y
- +10.7%
- Vol
- 15.2%
- Max DD
- -33.5%
- Sharpe
- 0.64
- 3Y win
- +49%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown