Bajaj Finserv Mutual Fund has launched a new Open Ended Growth scheme named "Bajaj Finserv Equity Savings Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jul 28 to Aug 11, 2025.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.25.
The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Sorbh Gupta, while the performance of the scheme will be benchmarked against Nifty Equity Savings Total Return.
The objective of the Scheme is to generate capital appreciation and income by investing in equity and equity related instruments, arbitrage opportunities and fixed income instruments (including debt, government securities and money market instruments). However, there is no assurance that the investment objective of the Scheme will be achieved.