A Oneindia Venture

Bajaj Finserv ELSS Tax Saver Fund NFO

By Bajaj Finserv Mutual Fund Equity ELSS
NFO Closed

Offer Price

₹10.00

Min. Investment

₹500

Open Date

24 Dec 2024

Close Date

22 Jan 2025

SIP Amount

₹500

Bajaj Finserv ELSS Tax Saver Fund is a New Fund Offer (NFO) by Bajaj Finserv Asset Management Limited categorized under ELSS. The NFO is open for subscription from 24 Dec 2024 to 22 Jan 2025. Investors can subscribe with a lumpsum investment of ₹500. The offer price is ₹10.00 per unit. The fund will be managed by Nimesh Chandan. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.49%. It will benchmark against BSE 500 Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
24 Dec 2024 to 22 Jan 2025
Min. Lumpsum Amount
₹500
SIP Amount
Rs. 500
Scheme Type
Open Ended
Category
Equity - ELSS
Risk Level
Very High
Expected Expense Ratio
0.49%
Exit Load
-
Benchmark
BSE 500 Total Return
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities while offering deduction on such investment made in the scheme under Section 80C of the Income Tax Act, 1961. However, there is no assurance that the investment objective of the Scheme will be achieved.

AMC Details

Name
Bajaj Finserv Mutual Fund
Fund Managers
Mr. Nimesh Chandan (Equity)
Mr. Sorbh Gupta (Equity)
Mr. Siddharth Chaudhary (Debt)
Website
https://www.bajajamc.com

Top Funds from Equity - ELSS

Scheme Name
NAV
Returns
1Y 3Y 5Y
AUM (Cr)
Expense Ratio
Risk Meter
HSBC Tax Saver Equity Fund - Direct Plan
ELSS Direct
-9.58% 32.77% 71.78% ₹246 1.80%
Very High
Baroda BNP Paribas ELSS Tax Saver Fund - Direct Plan
ELSS Direct
-6.20% 32.45% 50.45% ₹952 1.00%
Very High
Baroda BNP Paribas ELSS Tax Saver Fund - Direct Plan
ELSS Direct
-6.20% 32.45% 50.45% ₹952 1.00%
Very High
Franklin India ELSS Tax Saver Fund - Direct Plan
ELSS Direct
-6.71% 31.45% 70.37% ₹6,796 1.04%
Very High
Franklin India ELSS Tax Saver Fund - Direct Plan
ELSS Direct
-6.71% 31.45% 70.37% ₹6,796 1.04%
Very High
Canara Robeco ELSS Tax Saver Fund
ELSS Regular
-4.16% 31.10% 63.80% ₹9,118 1.69%
Very High
Canara Robeco ELSS Tax Saver Fund
ELSS Regular
-4.16% 31.10% 63.80% ₹9,118 1.69%
Very High
Nippon India ELSS Tax Saver Fund
ELSS Regular
-5.68% 30.76% 97.40% ₹15,519 1.70%
Very High
Nippon India ELSS Tax Saver Fund
ELSS Regular
-5.68% 30.76% 97.40% ₹15,519 1.70%
Very High
Bandhan ELSS Tax Saver Fund - Direct Plan
ELSS Direct
-1.70% 29.49% 90.26% ₹7,327 0.65%
Very High

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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