Bajaj Finserv MF introduces Healthcare Fund
Bajaj Finserv Mutual Fund has launched Bajaj Finserv Healthcare Fund, an open-ended equity scheme following pharma, healthcare and allied theme. The NFO opens for subscription on December 06, 2024 and closes on December 20, 2024. The Entry Load is nil for the scheme. For each purchase of units through Lumpsum / switch-in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: The Exit load will be 1% of applicable NAV- if units are redeemed / switched out within 3 months from the date of allotment and no exit load is payable- if units are redeemed/switched out after 3 months from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked at BSE Healthcare Total Return Index (TRI) and its fund managers are Nimesh Chandan, Sorbh Gupta and Siddharth Chaudhary.