The scheme seeks to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities while offering deduction on such investment made in the scheme under Section 80C of the Income Tax Act, 1961.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Nimesh Chandan
Mr. Chandan is an MBA in Finance.
He has good years of experience in capital markets. Prior to joining Bajaj Finserv Mutual Fund, he had been with Canara Robeco MF, ICICI Prudential MF, SBI MF and Aditya Birla Sun Life AMC as fund manager and has also worked with Stratcap Securities and Darashaw and Company.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Bajaj Finserv ELSS - Tax Saver Fund is ₹11.73 as of 2026-08-28.
Bajaj Finserv ELSS - Tax Saver Fund is classified as a ELSS fund.
The Assets Under Management (AUM) of Bajaj Finserv ELSS - Tax Saver Fund is ₹89.1 Cr.
The expense ratio of Bajaj Finserv ELSS - Tax Saver Fund is 2.99%.
Bajaj Finserv ELSS - Tax Saver Fund is managed by Nimesh Chandan.
The minimum SIP investment for Bajaj Finserv ELSS - Tax Saver Fund is ₹500.
As per the SEBI Riskometer, Bajaj Finserv ELSS - Tax Saver Fund carries a Very High risk level.
Bajaj Finserv ELSS - Tax Saver Fund has delivered 7.76% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Bajaj Finserv ELSS - Tax Saver Fund was launched on 2021-10-18.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.