Bajaj Finserv AMC's Large and Midcap NFO to close today: Key highlights
Also, both in the lumpsum as well as SIP, investors can invest a minimum of Rs 500 and above with minimum 6 installments in the SIP route.
Bajaj Finserv AMC's new Large and Midcap NFO is set for closure today. Investors can invest in the mutual fund scheme via the SIP and SWP route to create an investment plan.
The fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The fund manager may also seek participation in other equity and equity-related securities.
Also, both in the lumpsum as well as SIP, investors can invest a minimum of Rs 500 and above with minimum 6 installments in the SIP route.
The company's senior fund manager- Sorbh Gupta told Zee Business that the fund house was prompted to launch the NFO in the segment as the large and mid space is relatively better placed than broader market in terms of valuations. We also have a strategy more suited to this category as we will be picking industry leaders and emerging leaders. Hence, large and midcaps together offer diversified investment opportunities.
"The large and mid-cap fund is based on ‘Moat Investing’ strategy. In this, the asset allocation strategy is designed basis various ‘Economic Moats’ of the underlying companies like Brand strength, cost leadership, network effect, switching cost, intellectual property, and Economies of scale," noted the expert while highlighthing the difference between large and midcap funds and other mutual fund categories available in the market.
So, investors seeking long-term gains from the superior growth and profitability of quality companies. It's also suitable for those looking to minimize the risk of permanent capital loss in their portfolios over the long term.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
04:53 PM IST