Bajaj Finserv Arbitrage Fund NFO: Key details you need to know

12 Sep 2023 , 01:16 PM

Bajaj Finserv Mutual Fund is launching NFO under its “hybrid category”, named as Bajaj Finserv Arbitrage Fund. This open-ended fund seek to generate returns by investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.

Investment strategy: The Fund Manager will identify and take advantage of market neutral arbitrage opportunities by executing deals simultaneously in both markets. In compliance with SEBI guidelines, the Scheme will not engage in short selling in the cash market at any time. 

Asset allocation: The scheme will predominantly invest arbitrage opportunities in the cash and derivatives segments of the equity markets.

Who should invest?

Investors with low risk appetite and want to invest for 3 to 5 years to diversify the portfolio should invest in Bajaj Finserv Arbitrage Fund. 

Risk associated: Low level of risk.

Benchmark: Nifty 50 Arbitrage Index (TRI).

Fund Managers: Mr. Nimesh Chandan and Mr. Siddharth Chaudhary.

The NFO is available for subscription from September 8 to September 13. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 500/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Bajaj Finserv Arbitrage Fund.