Bajaj Finserv Mutual Fund launches Bajaj Finserv Multi Asset Allocation Fund

NFO period: 13^th May – 27^th May, 2024

Highlights of the NFO:

• Scheme type – An open ended scheme investing in equity and equity related instruments, debt & debt derivatives and money market instruments, Gold ETFs, Silver ETFs, exchange traded commodity derivatives (ETCD) and in units of REITs and InvITs


• Investment objective – To generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs. 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 income generation from fixed income instruments wealth creation/Capital appreciation over long term from by investing in equity and equity related securities, Gold ETFs, Silver ETFs, exchange traded commodity derivatives (ETCD) and in units of REITs & InvITs.


• 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(Equity and Debt portion), Mr. Sorbh Gupta(Equity portion), Mr. Siddharth Chaudhary(Debt portion) and Mr. Vinay Bafna(Commodities)


• Benchmark – 65% Nifty 50 TRI + 25% NIFTY Short Duration Debt Index + 10% Domestic Prices of Gold