Bajaj Finserv Money Market Fund: Regular Income & Low Risk

The Bajaj Finserv Money Market Fund, an open-ended debt scheme under the Bajaj Finserv Mutual Fund House, commenced operations on August 14, 2026. This fund’s core objective is to generate consistent income by investing in money market instruments.

Categorized under ‘Debt: Money Market,’ the scheme maintains a low to moderate risk profile, adhering to SEBI’s guidelines for such investments.

Key Fund Details and Performance

The fund has reported a trailing return of 5.84% over one year, alongside 6.78% over three years.

Since its inception, the scheme has achieved a return of 6.9%.

As of August 14, 2026, the fund’s expense ratio stands at 0.78%.

Investors face no exit load when redeeming units, and the minimum investment required is Rs 1,000 for initial, additional, and SIP contributions.

A suggested investment horizon of less than one year is advised to manage potential downside risks and secure predictable returns.

Navigating Tax Implications

For investments made after April 1, 2023, capital gains are added to the investor’s income and taxed at their applicable slab rate.

Conversely, investments made before this date are taxed based on whether redemption occurs within or after three years, with indexation benefits available for long-term gains.

Dividend income from the fund is incorporated into the investor’s total income and taxed according to their slab rate.

The fund house will deduct a 10% TDS for any dividend income exceeding Rs 5,000 within a financial year.