Bajaj Finserv MF introduces Flexi Cap Fund
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Bajaj Finserv Mutual Fund (MF) has launched Bajaj Finserv Flexi Cap Fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription on July 24, 2023 and closes on August 07, 2023. The Entry load is not applicable for the scheme. The Exit load will be nil, if upto 10% of units allotted are redeemed/switched out within 6 months from the date of allotment & 1% of applicable NAV, if units are redeemed or switched out in excess of 10% of units allotted within 6 months from the date of allotment. If units are redeemed/switched out after 6 months from the date of allotment, no exit load is payable. The minimum subscription amount is (lumpsum) 500 and in multiples of Re 1.
The performance of the Scheme would be benchmarked against S&P BSE 500 TRI and its fund managers are Nimesh Chandan & Sorbh Gupta (Equity portion) and Siddharth Chaudhary (Debt portion).
The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments across market capitalisation.
