Bajaj Finserv Multi Asset Allocation Fund - Regular Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 32% limits losses during market corrections.
- Generated +3.6% annualized alpha (excess return) over its benchmark.
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +4.24% | +3.61% | +0.63% |
| 3 Months | -1.59% | -1.36% | -0.23% |
| 6 Months | +2.21% | +1.77% | +0.44% |
| 1 Year | +4.50% | +6.58% | -2.08% |
| Since Inception | +8.60% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.14% | +2.90% | -3.04% |
| 2025 | +19.10% | +18.15% | +0.95% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -1.44% | +10.73% | +10.53% | +28.34% | 96.6% | 91.5% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2026-01-29 | 2026-03-23 | -13.4% | 2 months | Not yet recovered |
| 2024-09-27 | 2025-03-03 | -10.6% | 5 months | 4 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related instruments | 35% - 80%, Debt securities (including securitized debt & debt derivatives) and Money Market Instruments* including Units of Debt oriented mutual fund schemes - 10% - 55% Gold ETFs, Silver ETFs, Exchange Traded Commodity Derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time. - 10% - 55% Units of InvITs - 0% - 10% *Money market instruments will include commercial papers, commercial bills, Triparty REPO, Reverse Repo and equivalent and any other like instruments as specified by SEBI and Reserve Bank of India from time to time. |
Investment Objective & Strategy
To generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs. However, there is no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,982 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Multi Asset Allocation schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Asset Allocation Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Bank of India Multi Asset Allocation Fund | 5.2 | - | 2.21% | 5.3% | Rs 375 cr | Compare → |
| Groww Multi Asset Allocation Fund | 2.2 | - | 2.67% | 38.8% | Rs 398 cr | Compare → |
| Union Multi Asset Allocation Fund | 4.2 | - | 2.39% | 23.9% | Rs 1,019 cr | Compare → |
| LIC MF Multi Asset Allocation Fund | 2.2 | - | 2.37% | 35.8% | Rs 981 cr | Compare → |
| Canara Robeco Multi Asset Allocation Fund | 4.8 | - | 2.32% | 31.4% | Rs 1,417 cr | Compare → |
Frequently Asked Questions about Bajaj Finserv Multi Asset Allocation Fund
What is the expense ratio of Bajaj Finserv Multi Asset Allocation Fund?
Bajaj Finserv Multi Asset Allocation Fund has a total expense ratio (TER) of 2.22% with a base expense ratio of 1.68%, compared to the Multi Asset Allocation category median of 2.13%.
Who manages Bajaj Finserv Multi Asset Allocation Fund?
Bajaj Finserv Multi Asset Allocation Fund is managed by Anup Kulkarni (tenure: 1.4 years since 2025-06-10).
What are the historical returns of Bajaj Finserv Multi Asset Allocation Fund?
Bajaj Finserv Multi Asset Allocation Fund has a 1-year return of +4.50%.
How large is Bajaj Finserv Multi Asset Allocation Fund?
Bajaj Finserv Multi Asset Allocation Fund manages assets of Rs 1,982 cr, placing it in the 'comfortable' size band relative to Multi Asset Allocation peers.
How is Bajaj Finserv Multi Asset Allocation Fund scored on MFIQ?
Bajaj Finserv Multi Asset Allocation Fund holds an MFIQ Score of 3.5/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Bajaj Finserv Multi Asset Allocation Fund?
Bajaj Finserv Multi Asset Allocation Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 12.74% with a maximum historical drawdown of -13.38%.