WhiteOak Capital Banking & Financial Services Fund, WhiteOak Capital Pharma and Healthcare Fund, SBI Nifty50 Equal Weight Index Fund, Old Bridge Focused Equity Fund, Groww Banking & Financial Services Fund, and Motilal Oswal Large Cap Fund will open for subscription later this week.
Bajaj Finserv Nifty 50 ETF is an open-ended exchange traded fund tracking NIFTY 50 Index.
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The NFO of the scheme is open for subscription and it will close on January 18.
The investment objective of the scheme is to provide returns that are corresponding with the performance of the NIFTY 50 Index, subject to tracking errors. The scheme will be benchmarked against Nifty 50 — TRI. The scheme will be managed by Sorbh Gupta and Ilesh Savla.
The scheme will invest 95-100% in securities of companies constituting the Nifty 50 Index (the underlying index) and 0-5% in debt and money market instruments. The minimum application amount is Rs 500 per application and in multiples of Re 1 thereafter.
Bajaj Finserv Nifty Bank ETF is an open-ended exchange traded fund tracking Nifty Bank Index. The NFO of the scheme is open for subscription and it will close on January 18.
The investment objective of the Scheme is to provide returns that are corresponding with the performance of the Nifty Bank Index, subject to tracking errors.
The scheme will be benchmarked against Nifty Bank TRI. The scheme will be managed by Sorbh Gupta and Ilesh Savla.
The scheme will invest 95-100% in securities of companies constituting Nifty Bank Index (the underlying index) and 0-5% in debt and money market