Bajaj Finserv Multi Asset Allocation Fund NFO: Essential details you need to know

13 May 2024 , 12:35 PM

Bajaj Finserv Mutual Fund is launching NFO under its “Hybrid scheme”, named Bajaj Finserv Multi Asset Allocation Fund. The open-ended fund aims to generate income from fixed-income instruments and generate capital appreciation for investors by investing in equity and equity-related securities including derivatives, Gold ETFs, Silver ETFs, exchange-traded commodity derivatives and in units of REITs & InvITs.

Investment strategy: The portfolio will manage the fund within the ambit of its in-house fund philosophy – INQUBE.

Asset allocation: The scheme’s allocation to equity, debt, and commodities will be dynamic, guided by internal models considering factors such as valuation levels, macroeconomic conditions, and capitalization rates. The scheme may invest in exchange-traded commodity Derivatives (ETCD) or ETFs with commodity underlying assets, as well as other permissible instruments linked to commodity prices.

Who should invest?

Investors with a very high-risk appetite and who want to save for retirement should invest in the Bajaj Finserv Multi Asset Allocation Fund for 5 or more years.

Risk associated: Very high level of risk.

Benchmark: 65% Nifty 50 TRI + 25% NIFTY Short Duration Debt Index + 10% Domestic Prices of Gold

Fund Managers: Mr Nimesh Chandan, Mr Siddharth Chaudhary, Mr Sorbh Gupta, Mr Vinay Bafna

The NFO is available for subscription from May 13 to May 27. 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 ₹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 Multi Asset Allocation Fund.