2024-01-15 02:37:41 pm | Source: Accord Fintech
Bajaj Finserv MF introduces Nifty 50 ETF
Bajaj Finserv Mutual Fund (MF) has launched Bajaj Finserv Nifty 50 ETF, an open-ended exchange traded fund tracking NIFTY 50 Index. The NFO opens for subscription on January 15, 2024 and closes on January 18, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 500 per application and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against Nifty 50 TRI and its fund managers are Sorbh Gupta and Ilesh Savla.
The investment objective of the Scheme is to provide returns that are corresponding with the performance of the NIFTY 50 Index, subject to tracking errors.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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