Bajaj Finserv Mutual Fund launches Bajaj Finserv Balanced Advantage Fund

NFO period: 24^th November – 08^th December, 2023

Highlights of the NFO:

• Scheme type – An open ended dynamic asset allocation fund


• Investment objective – The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking to generate wealth creation over long term. Dynamic asset allocation between equity and equity related instruments including derivatives, and fixed income instruments.


• Minimum Application Amount – First investment is Rs.500/- and in multiples of Rs.1/- thereafter


• Plan/ Options available – Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option, Reinvestment of Income Distribution cum Capital Withdrawal sub-option and Transfer of Income Distribution cum Capital Withdrawal sub-option.


• Fund Manager – Mr. Nimesh Chandan, Mr. Sorbh Gupta and Mr. Siddharth Chaudhary


• Benchmark – NIFTY 50 Hybrid Composite debt 50:50 Index