Bajaj Finserv Money Market Fund NFO: Everything you need to know

17 Jul 2023 , 02:13 PM

Bajaj Finserv Mutual Fund is launching NFO under its “debt category”, named as Bajaj Finserv Liquid Fund. This open-ended fund aims to generate income over short-term by investing in Relatively Low Interest Rate Risk and Moderate Credit Risk.

Investment strategy: The investment strategy focuses on capturing term and credit spreads and maintaining a balance between safety, liquidity, and potential return aspects of various investments.

Asset allocation: The Scheme will invest in debt and money market instruments with Relatively Low Interest Rate Risk and Moderate Credit Risk.

Who should invest?

Investors with moderate risk appetite and want to invest for short term years in a mutual fund should invest in Bajaj Finserv Money Market Fund. 

Risk associated: Moderate level of risk.

Benchmark: NIFTY Money Market Index B-I

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

The NFO is available for subscription from July 17 to July 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 1000/- 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 Money Market Fund.