Bajaj Finserv Consumption Fund NFO: Key details you should know

12 Nov 2024 , 01:25 PM

Bajaj Finserv Mutual Fund is launching NFO under its “Thematic Fund”, named as Bajaj Finserv Consumption Fund. The open ended fund aims to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.

Investment strategy: The Fund aims to capture the wide-ranging investment opportunities presented by Consumer Investment theme which responds to lasting changes in the emerging and developed markets.

Asset allocation: The fund aims to provide long-term capital appreciation by investing 80-100% of total assets in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.

Who should invest?

Investors with very high risk appetite should invest in the Bajaj Finserv Consumption Fund for 5 to 7 years.

Risk associated: Very high level of risk.

Benchmark: Nifty India Consumption Total Return Index (TRI)

Fund Managers: Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary

The NFO is available for subscription from November 08 to November 22, 2024. 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 ₹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 Consumption Fund.