Bajaj Finserv Flexi Cap Fund Floats On

Published on Jul 17, 2023 09:11

Bajaj Finserv Mutual Fund has launched a new fund named as Bajaj Finserv Flexi Cap.

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

Category of Scheme: Equity Scheme - Flexi Cap Fund

The scheme has two plans: regular plan and direct plan.

The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option

The minimum application amount is Rs 500 and in multiples of Re. 1/- thereafter.

The additional application amount is Rs 100 and in multiples of Re. 1/- thereafter.

Load structure: if units are redeemed / switched out within 6 months from the date of allotment:

� if upto 10% of units allotted are redeemed/switched out - Nil

� any redemption / switch-out of units in excess of 10% of units allotted - 1% of applicable NAV.

if units are redeemed/switched out after 6 months from the date of allotment, no exit load is payable.

Benchmark Index for the scheme is S&P BSE 500 TRI

The fund manager of the scheme is Equity portion: Mr. Nimesh Chandan, Mr. Sorbh Gupta

Debt portion: Mr. Siddharth Chaudhary