Bajaj Finserv Mutual Fund’s flagship Bajaj Finserv Flexi Cap Fund has completed three years since its launch, delivering strong returns and outperforming its benchmark across market cycles. Launched on August 14, 2023, the open-ended equity scheme invests across large-cap, mid-cap and small-cap stocks through a Megatrends investment strategy.
As of August 13, 2026, the fund’s Direct Plan–Growth option delivered a CAGR of 18.21%, compared with 12.74% for the BSE 500 TRI, outperforming the benchmark by 5.47 percentage points. The Regular Plan–Growth option recorded a CAGR of 16.59% during the same period.
On an absolute-return basis, the Direct Plan–Growth generated 65.2%, against 43.3% for the BSE 500 TRI, while the Regular Plan–Growth delivered 58.5%. An investment of ₹10,000 in the Direct Plan at inception would have grown to ₹16,513, compared with ₹14,325 in the BSE 500 TRI and ₹13,003 in the Nifty 50 TRI. The same investment in the Regular Plan would have reached ₹15,843.
The fund also reported a Sharpe ratio of 0.82 against 0.50 for the benchmark and a lower standard deviation of 13.24 compared with 14.22 for the BSE 500 TRI. Its Jensen’s alpha stood at 4.48% since inception.
The scheme’s assets under management stood at ₹8,149.81 crore as of July 31, 2026, across 3,22,231 investor folios. Its Direct and Regular Plan NAVs stood at 16.52 and 15.85, respectively, on August 13.
The fund uses the proprietary T.R.E.N.D.S. framework covering Technology, Regulatory developments, Economic change, Nature and sustainability, Demographic shifts and Social change. The strategy combines top-down identification of structural trends with bottom-up research and valuation discipline.
Ganesh Mohan, Managing Director, Bajaj Asset Management, said the milestone reflects growing investor confidence in the fund’s Megatrends-led approach. CIO Nimesh Chandan said the fund remains focused on identifying future profit pools and investing in quality businesses with long-term compounding potential.