Bajaj Finserv Large Cap Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Bajaj Finserv Large Cap Fund Direct Growth Plan has a NAV of ₹10.277 as of 10 Sep 2026 and an AUM of ₹1,663 Cr. Its 1-year, 3-year and 5-year returns are 1.95%, 0% and 0%, and the scheme sits in the High Risk category.

Our view is that this is still an early-stage large-cap option because it launched on 20 Aug 2024, so its longer holding-period figures do not yet offer a full history. The recent return pattern is modest, and the portfolio shows meaningful weight in a small set of large names, so the fund looks better suited to investors who can handle volatility and want to monitor how the strategy develops over time.

Quick facts

Particular	Details
NAV	₹10.277 as of 10 Sep 2026
AUM	₹1,663 Cr
Expense Ratio	0.59%
Launch Date	20 Aug 2024
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 6M, Nil after 6M
Fund Managers	Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary

The fund is managed by Nimesh Chandan, Sorbh Gupta and Siddharth Chaudhary.

Source data date: as of 10 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-3.43%	-4.06%
3M	4.37%	1.37%
1Y	1.95%	-7.31%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

The short-term pattern is mixed but not weak in context. Over one month, the fund fell less than the benchmark, and over three months it moved ahead of the benchmark, which suggests some resilience after a choppy phase.

The 1-year figure also stands out because the fund remained positive while the benchmark was negative. That said, the fund’s own 1-year path was uneven, with periods of setback before a partial recovery, so the result looks more like a rebound than a steady compounding trend.

Because the scheme started in August 2024, there is no meaningful 3-year or 5-year return history yet. That limits how much we can read into its longer-run behaviour, and it also means the fund should be judged mainly on how it has handled recent market swings rather than on a mature track record.

Compared with the NIFTY 50, the fund has recently behaved a little better on the short horizon and materially better over one year. The main question for investors is whether that early resilience can continue once the portfolio gets a longer performance history.

Source data date: as of 10 Sep 2026

Should you BUY or HOLD Bajaj Finserv Large Cap?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Bajaj Finserv Large Cap Fund Direct Growth Plan	1.95%	Data not available	Data not available
Quant Large Cap Fund Direct Growth Plan	6.94%	12.98%	Data not available
Taurus Large Cap Fund Direct Growth Plan	6.59%	12.63%	10.28%
Bank of India Large Cap Fund Direct Growth Plan	6.12%	12.78%	9.84%
Invesco India Largecap Fund Direct Growth Plan	3.59%	13.79%	11.8%
ITI Large Cap Fund Direct Growth Plan	3.13%	11.23%	9.73%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the latest one-year numbers, the fund trails the stronger peer return figures, although its own result is still positive and better than the benchmark. The gap is more visible on the longer available histories, where several peers have double-digit 3-year returns and the fund does not yet have a comparable record. That creates a split picture: the recent return is acceptable, but the absence of a longer track record keeps the comparison incomplete.

Source data date: as of 10 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
ICICI Bank Limited	Bank	8.55%
HDFC Bank Limited	Bank	5.97%
Reliance Industries Limited	Crude Oil	5.05%
Net Receivables / (Payables)	Cash & Cash Equivalents and Net Assets	4.45%
Bharti Airtel Limited	Telecom	4.17%
Divi'S Laboratories Limited	Healthcare	4.07%
Bajaj Finance Limited	Finance	3.84%
State Bank of India	Bank	3.68%
TVS Motor Company Limited	Automobile & Ancillaries	3.66%
Grasim Industries Limited	Diversified	3.61%

The largest holding, ICICI Bank Limited, carries an 8.55% weight, which is meaningful but not unusually dominant on its own. From there, weights step down in a fairly controlled way, with HDFC Bank Limited at 5.97% and Reliance Industries Limited at 5.05%, so the portfolio does not rely on a single very large position to drive outcomes.

The top 10 holdings together account for approximately 47.05% of the portfolio, and that points to a moderate level of concentration in the disclosed core positions. With 34 holdings in total, the fund likely has a longer tail beyond the names shown here, but the visible allocation still suggests that a compact group of large positions may have greater influence on near-term returns than the rest of the book.

That structure may suit investors who are comfortable with a large-cap portfolio that stays anchored in a few large businesses while still holding a broader set of companies. It also means the portfolio’s shape should be watched alongside performance, because shifts in the biggest holdings may matter more than small changes in the tail.

To see all holdings, visit the Bajaj Finserv Large Cap Fund Direct Growth Plan page

Source data date: as of 10 Sep 2026

Who should invest

This fund fits investors who can accept High Risk and who want a large-cap equity allocation with a relatively short public track record. The one-year return is positive and ahead of the benchmark, but the scheme does not yet have a meaningful 3-year or 5-year history, so the investment case depends more on recent behaviour than on a mature cycle of results.

The main trade-off is clear: you may get exposure to a large-cap portfolio with some early evidence of resilience, but you also accept limited history and a recent record that is still modest relative to several peers. Investors with a longer horizon and comfort with interim swings may find that acceptable; those looking for a steadier, better-established long-term record may prefer to wait for a longer track record.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load applies at 1% if units are sold within 6 months, and it is nil after 6 months.

Source data date: as of 10 Sep 2026

Frequently asked questions

What is the current NAV of Bajaj Finserv Large Cap Fund Direct Growth Plan?
The current NAV is ₹10.277 as of 10 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year return is 1.95%, while the 3-year and 5-year returns are Data not available.

How has the fund performed against the benchmark?
It has done better than the benchmark over 1 month, 3 months and 1 year. The benchmark was negative over 1 year, while the fund stayed positive.

How does it compare with peer funds on available return data?
Its 1-year return is lower than several peers with longer track records, while its 3-year and 5-year comparison is limited because the fund itself does not yet have those histories.

What is the minimum SIP amount?
The minimum SIP amount is ₹500.

Who manages the fund and what is its exit load?
The fund is managed by Nimesh Chandan, Sorbh Gupta and Siddharth Chaudhary. Exit load is 1% if units are sold within 6 months, and nil after 6 months.

Bottom line

Bajaj Finserv Large Cap Fund Direct Growth Plan has shown a better short-term shape than its benchmark, especially over one year, but it still lacks a meaningful longer-term performance history. The available peer comparison also suggests that its recent return is more modest than several established large-cap options. With a High Risk profile and a portfolio led by a few sizeable positions, the fund may appeal more to investors who are comfortable tracking an early-stage large-cap strategy than to those who want a long, settled track record.

Published on 11 September 2026 at 4:11 PM IST

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RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.