Bajaj Finserv Mutual Fund launches Bajaj Finserv Consumption Fund

NFO period: 08^th November - 22^nd November, 2024

Highlights of the NFO:

• Scheme type - An open ended equity scheme following consumption theme


• Investment objective - The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand. However, there is no assurance that the investment objective of the scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking wealth creation over long term to by investing predominantly in equity and equity related instruments of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.


• Minimum Application Amount - First investment is Rs.500/- and in multiples of Rs.1/- thereafter


• Plan/ Options available - Regular Plan and Direct Plan having Growth Option Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option, Reinvestment of Income Distribution cum Capital Withdrawal suboption and Transfer of Income Distribution cum Capital Withdrawal sub-option.


• Fund Manager - Mr. Nimesh Chandan, Mr. Sorbh Gupta, Mr. Sorbh Gupta, Mr. Ilesh Savla and Mr. Siddharth Chaudhary


• Benchmark - Nifty India Consumption Total Return Index (TRI)