Bajaj Finserv Large and Mid Cap Fund NFO: Essential details you need to know

6 Feb 2024 , 03:58 PM

Bajaj Finserv Mutual Fund is launching NFO under its “equity category”, named as Bajaj Finserv Large and Mid Cap Fund. The investment objective of the scheme is to seek 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.

Investment strategy: The fund manager seeks to invest in companies having a distinct competitive advantage over its peers. Like a castle surrounded by a moat for protection against attack, a moat in business refers to a company’s competitive advantage that makes it difficult for competitors to challenge its position in the market.

Asset allocation: The scheme aims to generate long-term capital appreciation/income by predominantly investing in equity and equity-related securities of large-cap and mid-cap companies.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify their portfolio in large and midcap stocks should invest in Bajaj Finserv Large and Mid Cap Fund. 

Risk associated: Very high level of risk.

Benchmark: Nifty Large Midcap 250 TRI.

Fund Managers: Mr. Nimesh Chandan, Mr. Siddharth Chaudhary, Mr. Sorbh Gupta

The NFO is available for subscription from February 06 to February 20. 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 Large and Mid Cap Fund.