Bajaj Finserv Large and Mid Cap Fund performance review analysis for January
Bajaj Finserv Large and Mid Cap Fund performance review analysis for January: This detailed review of Bajaj Finserv Large and Mid Cap Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Bajaj Finserv Large and Mid Cap Fund Direct Growth performance review analysis for January: Bajaj Finserv Large and Mid Cap Fund Direct Growth, managed by the seasoned fund managers Nimesh Chandan,Siddharth Chaudhary,Sorbh Gupta, remains a prominent player in the Large & Mid-Cap. Bajaj Finserv Large and Mid Cap Fund boasts an impressive AUM of ₹1641.04 crore. Under the guidance of Nimesh Chandan,Siddharth Chaudhary,Sorbh Gupta, the fund adheres to its objective of to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The fund manager may also seek participation in other equity and equity related securities. However, there is no assurance that the investment objective of the Scheme will be achieved. This detailed review of Bajaj Finserv Large and Mid Cap Fund evaluates its recent performance, comparing it to the NIFTY 50 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Performance Analysis:
Over the past week, Bajaj Finserv Large and Mid Cap Fund returned -1.29%, showing a positive delta of 0.58% with respect to NIFTY 50. The one-month performance shows a negative trend, with the fund delivering -2.82% against the NIFTY 50’s -4.28%.
The performance over the longer durations is mentioned below:
| Period | Mutual Fund Returns | NIFTY 50 Performance | Performance Difference |
|---|---|---|---|
| 6 Months | 0.41% | -3.16% | 3.57% |
| 1 Year | 0.00% | 8.96% | -8.96% |
| 3 Years | 0.00% | 30.84% | -30.84% |
| 5 Years | 0.00% | 92.19% | -92.19% |
Top Holdings of the Fund
Below is the list of top holdings in the fund:
| Holding Name | Percentage of Portfolio |
|---|---|
| HDFC Bank | 7.15% |
| Tata Consultancy Services | 3.98% |
| Divis Laboratories | 3.79% |
| Cipla | 3.44% |
| Hindustan Unilever | 3.00% |
Sector Allocation of the Fund
| Sector Name | Weightage (%) |
|---|---|
| Biotechnology & Drugs | 16.03% |
| Regional Banks | 12.32% |
| Software & Programming | 6.94% |
| Construction Services | 4.56% |
| Chemical Manufacturing | 4.32% |
| Personal & Household Prods. | 4.06% |
| Communications Services | 3.26% |
| Apparel/Accessories | 2.76% |
| Electronic Instr. & Controls | 2.61% |
| Tobacco | 2.5% |
| Insurance (Life) | 2.42% |
| Construction - Raw Materials | 2.38% |
| Misc. Capital Goods | 2.3% |
| Auto & Truck Parts | 2.25% |
| Consumer Financial Services | 2.23% |
| Misc. Fabricated Products | 2.13% |
| Business Services | 2.01% |
| Oil & Gas Operations | 1.94% |
| Computer Services | 1.69% |
| Iron & Steel | 1.5% |
| Beverages (Alcoholic) | 1.45% |
| Airline | 1.45% |
| Hotels & Motels | 1.44% |
| Food Processing | 1.32% |
| Investment Services | 1.18% |
| Coal | 1.09% |
| Tires | 1.04% |
| Insurance (Prop. & Casualty) | 0.89% |
| Metal Mining | 0.58% |
| Water Transportation | 0.52% |
| Motion Pictures | 0.44% |
| Retail (Apparel) | 0.35% |
| Jewelry & Silverware | 0.11% |
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund's Sharpe Ratio stands at 0.00, while the three-year and five-year ratios are 0.00 and 0.00, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 0.00% for one year, 0.00% for three years, and 0.00% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
Recent Portfolio Activity
In the last month, the fund acquired new positions in the following stocks:
| Stock Name | Holding (%) | No of shares | Holding Value (in Cr) |
|---|---|---|---|
| Tata Steel | 1.50% | 1699632 | 24.57 |
| National Aluminium Company | 0.58% | 395454 | 9.58 |
| Jio Financial Services | 0.50% | 248000 | 8.15 |
| Hitachi Energy India | 0.26% | 3500 | 4.20 |
The fund has increased its position in the following stocks:
| Stock Name | No of shares (Before purchase) | No of shares (After purchase) | Holding Value (in Cr) |
|---|---|---|---|
| HDFC Bank | 662918.0 | 653244.0 | 117.33 |
| Tata Consultancy Services | 157366.0 | 152825.0 | 65.27 |
| Divis Laboratories | 108591.0 | 100754.0 | 62.20 |
| Infosys | 320024.0 | 261726.0 | 48.63 |
| Biocon | 1066293.0 | 1019834.0 | 37.24 |
| Oberoi Realty | 177132.0 | 163444.0 | 32.81 |
| Page Industries | 7632.0 | 6848.0 | 30.58 |
| Ultratech Cement | 29192.0 | 26692.0 | 29.91 |
| Info Edge India | 36662.0 | 33681.0 | 27.81 |
| Havells India | 168585.0 | 152507.0 | 26.21 |
| Indian Hotels Company | 333136.0 | 298136.0 | 23.66 |
| Balkrishna Industries | 76179.0 | 61294.0 | 17.05 |
| Emcure Pharmaceuticals | 86588.0 | 74676.0 | 10.20 |
| The Ramco Cements | 144354.0 | 90455.0 | 9.18 |
| Schneider Electric Infrastructure | 116161.0 | 78368.0 | 6.51 |
| Akzo Nobel India | 29068.0 | 17205.0 | 6.38 |
| Trent | 11021.0 | 8378.0 | 5.70 |
The fund has reduced its holding in the following stocks:
| Stock Name | No of shares (Before reduction) | No of shares (After reduction) | Holding Value (in Cr) |
|---|---|---|---|
| Reliance Industries | 311196.0 | 246809.0 | 31.90 |
| SBI Life Insurance Company | 155636.0 | 132871.0 | 19.11 |
| Great Eastern Shipping Company | 133233.0 | 78243.0 | 8.62 |
| Titan Company | 55771.0 | 5771.0 | 1.88 |
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
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