Bajaj Finserv Mutual Fund introduces Large Cap Fund
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Bajaj Finserv Mutual Fund has launched Bajaj Finserv Large Cap Fund, an open-ended equity scheme predominantly investing in large cap stocks. The NFO opens for subscription on July 29, 2024 and closes on August 12, 2024. The Entry Load is nil for the scheme. The Exit load will be 1% of applicable NAV - if units are redeemed / switched out within 6 months from the date of allotment and no exit load is payable - if units are redeemed/switched out after 6 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 with Nifty 100 Total Return Index (TRI) and its fund managers are Nimesh Chandan, Sorbh Gupta and Siddharth Chaudhary.
The investment objective is to generate long term capital appreciation and income distribution to investors by predominantly investing in equity and equity related instruments of large cap companies.
