Bajaj Finserv Liquid Fund

Note: Historical Performance of this scheme is not available because this scheme has not completed 6 months since inception.

Investment Objective

To provide a level of income consistent with the objectives of preservation of capital, lower risk and high liquidity through investments made primarily in money market and debt securities with maturity of up to 91 days only.

Disclaimer: There is no assurance that the investment objective of the scheme will be achieved.


Key Features

Inception Date
July 05, 2023
Minimum Application Amount
Fresh Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re. 1/- thereafter.
Category of Scheme
Liquid Fund
Minimum Additional Application Amount
Additional Purchase (Incl. Switch-in): Minimum of Rs. 1,000/- and in multiples of Re.1/- thereafter.
Type of Scheme
An open ended liquid scheme with relatively low interest rate risk and moderate credit risk
Minimum Redemption Amount
Re. 1 and in multiples of Re. 0.01/- or the account balance of the investor, whichever is less.
Regular Plan & Direct Plan
Load Structure/Lock-In Period
Entry Load - Not applicable. Exit - Load as per below
Units redeemed/switched-out within “X” days from the date of allotment - Exit load as a % of redemption proceeds
Day 1 (refer note 1 below) - 0.0070% | Day 2 - 0.0065% | Day 3 - 0.0060%
Day 4 - 0.0055% | Day 5 - 0.0050% | Day 6 - 0.0045% | Day 7 onwards Nil

Note 1: For the purpose of levying exit load, if subscription (application & funds) is received within cut-off time on a day, Day 1 shall be considered to be the same day, else the day after the date of allotment of units shall be considered as Day 1.
IDCW - Payout
IDCW - Reinvestment
IDCW - Transfer
*Income Distribution cum Capital Withdrawal (IDCW)
Benchmark Index
NIFTY Liquid Index B-I
Face Value
Asset Allocation Pattern

Instruments - Debt (Including floating rate debt instruments) and money market instruments

Indicative allocations - Maximum=100%, Minimum=0%.

Risk profile - Low to moderate

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Who Should Invest?


Corporates managing short term cash flows.

Investors who are looking for an alternative to traditional savings account.

Investors who are looking for short term low risk options.

Investors who want to build contingency/emergency funds.

Investors who wish to park money in relatively low risk option untill right opportunity arises in equity asset class.




Relatively better returns vis-a-vis traditional product


Liquid mutual funds tend to offer better investment experience than traditional products.

Relative stability of investment

Liquid mutual funds invest in predominantly highly rated money market instruments with up-to 91 days residual maturities.

Cash Management

Insta-Redemption facility upto Rs 50,000.

Investors can also redeem their units at any time with T+1 settlement timeline and plan their liabilities.


Fund Manager

Mr. Nimesh Chandan

Mr. Nimesh has over 22 years of experience in the Indian Capital Markets. He has spent 17 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 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.




Mr. Siddharth Chaudhary

Mr. Chaudhary joined the Company in July 2022 as a Senior Fund Manager – 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. Ltd. During June 2006 – September 2010, he was working as Senior Manager, Treasury Dept in Indian Bank.




Investment Style & Portfolio Strategy


The scheme shall be managed to deliver the stated investment objective of providing a level of income consistent with the preservation of capital, lower risk and high liquidity through investments made primarily in money market and debt securities with maturity of up to 91 days only.

The scheme aims to provide an investment vehicle to meet the needs of the investors who want to deploy their funds for a short period of time. Therefore, money market instruments like CD/CP/T-bill will have predominant allocation in the scheme for most of the times, though other tactical allocation to other instruments will also be utilized depending on market scenarios. The predominant allocation will be to high rated securities only.

This will also mean that apart from usual interest rate and credit risk in any portfolio, the liquidity risk management will also be a dominant requirement in this scheme. In order to manage Liquidity risk, apart from maintaining the regulatory level of cash and cash equivalents, the endeavour will be to manage liquidity in line with overall macroeconomic and debt market scenario along with understanding of possible inflows and outflows from the scheme. The overall high credit quality, short maturity, regulatory cash & cash equivalents and the maturity bucketing of different securities will play a big role in managing liquidity in an efficient way.


Potential Risk Class (PRC)

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The PRC matrix identifies the highest amount of potential risk that a debt mutual fund can assume.

This regulation was implemented by SEBI on December 1, 2021, making it essential for fund houses to categorize all new and existing schemes under a potential risk class (PRC) matrix.

Scheme Documents
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Application Form ImageName
Scheme Information Document (SID) ImageName
Key Information Document (KIM) ImageName
Statement of Additional Information (SAI) ImageName

Frequently Asked Questions


Investing in Bajaj Finserv Liquid Fund can help investors meet their short-term investment needs. This scheme aims to provide the investors steady income with the preservation of capital, lower risk, and high liquidity.

Investing in Bajaj Finserv Liquid Fund can help you obtain relatively better returns as compared to a traditional savings account. Also, since liquid funds invest predominantly in highly rated money market instruments, they are a relatively stable investment option. Lastly, you can redeem your units of Bajaj Finserv Liquid Fund at any time with T+1 settlement timeline and plan your liabilities.

Individuals, corporates including SMEs, partnership firms, NRIs, charitable trusts, etc., can invest in Bajaj Finserv Liquid Fund.