A Oneindia Venture

Bajaj Finserv Nifty 50 Index Fund NFO

By Bajaj Finserv Mutual Fund Others Index
NFO Closed

Offer Price

₹10.00

Min. Investment

₹5000

Open Date

25 Apr 2025

Close Date

09 May 2025

Bajaj Finserv Nifty 50 Index Fund is a New Fund Offer (NFO) by Bajaj Finserv Asset Management Limited categorized under Index. The NFO is open for subscription from 25 Apr 2025 to 09 May 2025. Investors can subscribe with a lumpsum investment of ₹5,000. The offer price is ₹10.00 per unit. The fund will be managed by Ilesh Savla. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.25%. It will benchmark against Nifty 50 Total Returns Index.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
25 Apr 2025 to 09 May 2025
Min. Lumpsum Amount
₹5000
Scheme Type
Open Ended
Category
Others - Index Funds/ETFs
Risk Level
Very High
Expected Expense Ratio
0.25%
Exit Load
-
Benchmark
Nifty 50 Total Returns Index
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

The objective of the Scheme is to invest in companies whose securities are included in the Nifty 50 Index and subject to tracking errors, to endeavor to achieve the returns of the Nifty 50 Index. This would be done by investing in all the stocks comprising Nifty 50 in approximately the same weightage that they represent in Nifty 50. The Scheme will not seek to outperform the Nifty 50 or to underperform it. The objective is that the performance of the NAV of the Scheme should track the performance of the Nifty 50 over the same period. However, there is no assurance that the investment objective of the Scheme will be achieved.

AMC Details

Name
Bajaj Finserv Mutual Fund
Fund Manager
Mr. Ilesh Savla (Equity)
Website
https://www.bajajamc.com

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Risk Meter
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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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