Bajaj Finserv Large Cap Fund: Many market experts are cautioning investors about the recent rise in midcap and smallcap stocks and are stressing on investing in large cap stocks. In such a situation, Bajaj Finserv Asset Management Limited has announced the launch of Bajaj Finserv Large Cap Fund. This unique fund of its category will focus on investing in 25-30 stocks and its goal will be to give higher returns than the index in the long term.
Bajaj Finserv Asset Management Limited has recently conducted a study according to which the valuation of large cap stocks is close to its fair valuation, which can prove to be an attractive option for investment keeping the long term in mind. According to the study, large cap stocks see very little decline and large cap stocks recover their losses quickly compared to midcap and smallcap categories.
The NFO of Bajaj Finserv Large Cap Fund will open from July 29, 2024 and investors will be able to invest in the NFO till August 12, 2024. This large cap fund of Bajaj Finserv AMC is benchmarked against the Nifty 100 Total Return Index.
Speaking on the launch of the NFO, Ganesh Mohan, CEO, Bajaj Finserv Asset Management, said, Bajaj Finserv Large Cap Fund is providing investors with a great opportunity to invest in the champions of corporate India through a single investment avenue. He said, this fund will work on the strategy of outperforming the benchmark index in the long term by creating a portfolio of strong trust-based stocks. He said that the Nifty 100 TRI Index has given positive returns in 18 out of the last 21 years and we believe that it will be a valuable addition to the portfolio of our investors, which will help them achieve their financial goals.
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