New Flexi Cap Fund from Bajaj Finserv AMC: NFO dates, who should invest in this equity mutual fund?
Bajaj Finserv Asset Management has launched Bajaj Finserv Flexi Cap Fund, its first equity scheme. It is an open-ended equity scheme, which aims to provide long-term capital appreciation by investing in equity and equity-related instruments across market capitalization, based on a ‘MEGATRENDS’ strategy, the AMC said in a statement. Following are details of the Flexi Cap Fund shared by Bajaj Finserve AMC.
The scheme will be managed by Chief Investment Officer Nimesh Chandan, Senior Fund Manager Sorbh Gupta (Equity portion) and Siddharth Chaudhary (Debt portion). The fund will be benchmarked against S&P BSE 500 TRI.
The AMC said investors can seek to benefit from the strongest megatrends that their investment experts spot across sectors, themes, market capitalization and geographies.
“Rather than looking at past performance, the Bajaj Finserv AMC investment team looks at megatrends that are monetizable, have a large scope and long-term impact,” it added.
Also Read: Best Flexi Cap Mutual Funds in 1 year (July 2023): 10 schemes with 23% to 30% SIP returns
Investment philosophy: Bajaj Finserv Flexi Cap Fund will follow an investment philosophy based on InQuBe – the AMC’s proprietary framework that adds a layer of behavioural finance to the Informational and Quantitative edges. By doing this, it seeks to eliminate behavioural biases in investment decision-making.
“The stock selection can be based on multiple parameters such as company fundamentals, valuations, and most importantly MEGATRENDS across Technological, Regulatory, Economic, Nature, Demographic and Social changes,” the AMC said.
The New Fund Offer (NFO) will open for subscription on July 24, 2023 and close on August 7, 2023.
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