HealthyDirect · GrowthFit for a long SIP
Bajaj Finserv Money Market Fund
Bajaj Finserv Mutual FundIncome/Debt Oriented Schemes - Money Market Fund3.3 years
- NAV
- 1,262.0877
- 27 Oct 2026
- 1Y
- +6.3%
- Trailing CAGR
- AUM
- ₹3,973.07 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 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 100% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Watch
3.3 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.13% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.1%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 32.6% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
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+6.3%
- 3Y+7.3%
- 5Yn/a
- 10Yn/a
- SI+7.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.5%
- 3Y+7.0%
- 5Yn/a
- 10Yn/a
- Since inception
- +7.4%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 56
- Vs comparable share classes
- SIP 3Y XIRR
- +7.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +7.3%
- 63 daily-ending windows
- Median rolling 3Y
- +7.4%
- 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
- -0.1%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +9%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 28 recovered episodes
- Longest recovery
- 9 days
- Trough to prior peak
11 May 2026 – 29 May 2026
Trough 21 May 2026 · recovered in 8 days
-0.1%
6 Jul 2026 – 17 Jul 2026
Trough 8 Jul 2026 · recovered in 9 days
-0.1%
19 Oct 2026 – 27 Oct 2026
Trough 22 Oct 2026 · recovered in 5 days
-0.1%
20 Mar 2026 – 27 Mar 2026
Trough 24 Mar 2026 · recovered in 3 days
-0.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
56
Vs category
50
Consistency
88
Risk-adjusted
100
Drawdown
100
Mean
79
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 100% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 64 holdings · top 10 are 32.6%.
- Top 5
- 20.3%
- Top 10
- 32.6%
- Largest holding
- 8.6%
- Effective holdings
- 40.7
Others CBLO
Unspecified
8.6%
National Bank For Agriculture and Rural Development (17/02/2027) **
Financial
3.7%
INDIAN BANK CD 05FEB27
Financial
3.1%
BIRLA GROUP HOLDINGS PRIVATE LIMITED 364D CP 08JAN27
Financial
2.5%
KOTAK MAHINDRA BANK LIMITED CD 12FEB27
Financial
2.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Mirae Asset Money Market Fund
Mirae Asset Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.3%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 1.63
- 3Y win
- +31%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Aditya Birla Sun Life Money Market Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.3%
- Vol
- 0.5%
- Max DD
- -1.4%
- Sharpe
- 1.60
- 3Y win
- +76%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Axis Money Market Fund
Axis Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.4%
- Vol
- 0.6%
- Max DD
- -1.2%
- Sharpe
- 0.86
- 3Y win
- +100%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Baroda BNP Paribas Money Market Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.2%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- -0.02
- 3Y win
- 0%
- Lower volatility
Caveat: Deeper drawdown · Higher TER · Lower trailing returns
HSBC Money Market Fund
HSBC Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.2%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 3.29
- 3Y win
- +0%
- Lower volatility
Caveat: Deeper drawdown · Higher TER · Lower trailing returns