Bajaj Finserv Money Market Fund

Bajaj Finserv Money Market Fund is an open-ended debt scheme investing in money market instruments - such as certificates of deposit, commercial papers, commercial bills, treasury bills etc - with a maturity of up to one year and carrying relatively low interest rate risk and moderate credit risk. .
This fund seeks to generate relatively stable returns through investment money market instruments. It may be suitable for investors seeking reasonable return potential over the short term at low-to-moderate risk and with high liquidity.

The investment strategy of the Bajaj Finserv Money Market Fund focuses on capturing term and credit spreads and maintaining a balance between safety, liquidity, and potential return aspects of various investments.

Investments for Bajaj Finserv Money Market Fund start at Rs. 1,000 (lumpsum as well as Systematic Investment Plan or SIP).

Bajaj Finserv Money Market Fund - Regular & Direct Plans

When investing in the Bajaj Finserv Money Market Fund, you can opt for either a Direct Plan or a Regular Plan, depending on your preferences and investment approach.

Regular Plan

In this plan, you invest through a distributor who offers guidance on scheme selection and handles the application process. To compensate for the distributor’s services, the plan comes with a higher expense ratio. However, the distributor's support can be valuable in aligning your investment choices with your financial goals and risk appetite, and in managing transactions like purchases and redemptions.

Direct Plan

This option is meant for investors who are comfortable making decisions independently, without the involvement of a distributor. Since there is no distributor involved, the expense ratio for this plan is lower. Over time, the reduced cost structure can potentially lead to slightly higher returns.

How to invest in Bajaj Finserv Money Market Fund

You can invest in the Bajaj Finserv Money Market Fund through both online and offline modes.

Offline Mode

If you're investing via a distributor, they will provide the application form, help you fill it out, and submit it on your behalf. Alternatively, if you prefer to invest directly with the AMC, you can submit the application form at any of its official points of acceptance.

Online Mode

Investments can be made through your distributor or through the direct plan. You can invest through your Demat or online trading account. You can also invest through the Bajaj Finserv AMC investor portal. invest now.

Taxation on Bajaj Finserv Money Market Fund

The Bajaj Finserv Money Market Fund is taxed as per the latest rules for debt mutual funds. For investments made on or after April 1, 2023, all capital gains, regardless of the holding period, are added to your total income and taxed according to your applicable income tax slab.

This means there is no distinction between short-term and long-term capital gains , and indexation benefits are no longer available. Investors should consider their tax bracket before investing and consult a financial advisor to understand the impact of taxation on their overall returns.