MUTUAL FUNDS
Bajaj Finserv Mutual Fund files offer document for Banking and Financial Services Fund
Sep-19-2025
Bajaj Finserv Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘Bajaj Finserv Banking and Financial Services Fund’. The New Fund Offer price is Rs 10. Entry load will be nil. Exit load- if units are redeemed / switched out within 3 months from the date of allotment: 1% of applicable NAV; if units are redeemed/switched out after 3 months from the date of allotment- no exit load is payable. The Scheme offers growth and dividend options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by NIFTY Financial Services TRI. The minimum application amount is Rs 500 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies engaged in Banking and Financial Services.

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