MUTUAL FUNDS
Bajaj Finserv Mutual Fund files offers document for Multi Cap Fund
Nov-19-2024
Bajaj Finserv Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘Bajaj Finserv Multi Cap Fund'. The New Fund Offer price is Rs 10. Entry load will be nil. Exit load if units are redeemed / switched out within 6 months from the date of allotment; if upto 10% of units allotted are redeemed/switched out will be Nil; any  redemption  /  switch-out  of  units  in  excess  of  10%  of  units allotted will be 1% of applicable NAV; if units are redeemed/switched out after 6 months from the date of allotment, no exit load is payable. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment, and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme is benchmarked by Nifty 500 Multicap 50:25:25 TRI. The minimum application amount is Rs 500 and in multiples of Re1 thereafter.

The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related securities of large cap, mid cap and small cap companies.
 
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