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Bajaj Finserv Consumption Fund

NAV ₹10
as of 29-11-2024
EQUITY FUND
Regular-Growth
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Note: Historical Performance of this scheme is not available because this scheme has not completed 12 months since inception.
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Why invest in Bajaj Finserv Consumption Fund?

True to label Consumption Fund

Investment in Consumption Megatrends by identifying the potential growth stories

Market cap agnostic: Flexibility to invest across market capitalization

Targeting future profit pool companies

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Investment Approach

 

True-to-label

The fund aims to be a true-to-label consumption fund primarily focusing on sectors such as FMCG, consumer durables, consumer services, auto, realty, etc.

Investing in megatrends

The fund invests into consumption megatrends by identifying potential growth stories.

Market cap agnostic

The fund invests across the market capitalization spectrum.

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Investment Style and Portfolio Strategy

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Megatrend-focused investment approach: The fund is strategically positioned to capitalize on transformative megatrends in India's consumption sector. It identifies sectors where shifts in consumption patterns offer significant long-term growth potential.

Targeting growth in core consumption sectors: With an expanding middle class, rising incomes, and demographic tailwinds, the fund focuses on key industries driving consumer demand, such as retail, consumer finance, and e-commerce. This targeted exposure allows the fund to harness growth within core sectors that are foundational to India's consumption economy.

Long-term wealth creation strategy: Through a diversified portfolio across consumption-driven industries, the fund is designed to unlock wealth potential over the medium to long term. This fund aims to offer investors an opportunity to build capital in line with India's robust consumer market expansion. The fund's disciplined approach seeks to deliver sustainable, long-term value while managing market dynamics within the consumption landscape.

INQUBE investment philosophy: We follow our INQUBE (INformation edge + QUantitative edge + BEhavioural edge) investment philosophy.

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Key Features

Scheme reopens On or Before
03rd Dec, 2024
Minimum Application Amount/Switch In

Fresh Purchase (lumpsum): Rs. 500/- and in multiples of Re. 1/- thereafter
Systematic Investment Plan (SIP): Rs. 500 and above: minimum 6 instalments.

Minimum amount for switch-in: Rs. 500 and in multiples of Re. 1.
Two-Factor Authentication will be applicable for subscription as well as redemption transactions in the units of Mutual Fund.
For more information, please refer SAI
Category of Scheme
Thematic Fund
Minimum Additional Purchase Amount
On Ongoing basis Rs. 100/- and in multiples of Re. 1/- thereafter
 
Type of Scheme
An open ended equity scheme following consumption theme
Minimum Redemption Amount
Rs. 500 and in multiples of Re. 0.01/- or the account balance of the investor, whichever is less.
Plan
Bajaj Finserv Consumption Fund - Direct Plan
Bajaj Finserv Consumption Fund - Regular Plan
Load Structure/Lock-In Period
Entry Load - Nil

Exit Load: For each purchase of units through Lumpsum / switch-in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows:
For each purchase of units through Lumpsum / Switch-in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows:
➢ 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 will not levy exit load in case the timelines for rebalancing portfolio as stated in SEBI Master Circular for Mutual Funds dated June 27, 2024, is not complied with.
Options/Sub-Option
• Growth option
• Income Distribution cum Capital Withdrawal (IDCW) option IDCW option will offer the following sub-options:
• Payout of IDCW sub-option
• Reinvestment of IDCW sub-option
• Transfer of IDCW sub-option

The scheme will have a common portfolio across various Plans/Options/Sub-options.
Investors are requested to note that Growth and IDCW Option (Payout, Reinvestment and Transfer) under Regular and Direct Plans will have different NAVs. These NAVs will be separately declared.
Benchmark Index
Nifty India Consumption Total Return Index (TRI)
Opening NAV
Offer for Units of Rs. 10 each for cash during the
New Fund Offer and Continuous offer for Units at NAV based prices
Asset Allocation Pattern
Instruments Indicative allocations (% of total assets)
Minimum Maximum
Equity and Equity Related securities of companies engaged in domestic consumption space or allied activities 80% 100%
Equities and Equity related securities of other than companies engaged in domestic consumption space or allied activities 0% 20%
Debt and Money Market Instruments* and Units of Mutual Fund schemes 0% 20%
Units issued by REITs and InvITs 0% 10%

*Debt instruments shall be deemed to include securitized debts (excluding foreign securitized debt). Money market instruments will include commercial papers, commercial bills, Triparty REPO, Reverse Repo and equivalent and any other like instruments as specified by SEBI and Reserve Bank of India from time to time.
For more information, kindly refer Scheme Information Document

Investment Objective

The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.
However, there is no assurance that the investment objective of the Scheme will be achieved.

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Fund Managers

Mr. Nimesh Chandan: Chief Investment Officer

Nimesh chandan has over 23 years of experience in the Indian Capital Markets. He has spent 17 years in Fund Management- managing and advising domestic and international investors, retail as well as institutional. Prior to joining Bajaj Finserv Asset Management Ltd, he has worked with Canara Robeco Asset Management as Head of Investments, Equities (Domestic and Offshore). He has also worked with other asset management companies including Birla Sunlife Asset Management, SBI Asset Management, and ICICI Prudential Asset Management.

 

 

 



 

Mr. Sorbh Gupta: Senior Fund Manager - Equity

Sorbh Gupta has over 16 years of experience in the Indian Capital Markets. In November 2022, he was appointed as Senior Fund Manager – Equity at Bajaj Finserv Asset Management Limited. Prior to joining Bajaj Finserv Asset Management Limited, he was associated with Quantum Asset Management Company Private Ltd. He has also worked with other financial companies such as Siddhesh Capital Markets Pvt. Ltd. & Pranav Securities Pvt. Ltd.

 

 



 

Mr. Siddharth Chaudhary: Senior Fund Manager - Fixed Income

Siddharth Chaudhary joined the Company in July 2022 as a Senior Fund Manager – Fixed Income. Prior to this, he was associated with Sundaram Asset Management Co. Ltd from April 2019 - July 2022 as Head Fixed Income – Institutional Business. From April 2017 – March 2019, he served as a Senior Fund Manager – Fixed Income, and from August 2010 – March 2017 as a Fund Manager – Fixed Income with Sundaram Asset Management Co. Ltd. During June 2006 – September 2010, he was working as Senior Manager, Treasury Dept in Indian Bank.

 

 

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Scheme Documents

 
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Key Information Document (KIM) ImageName
Scheme Information Document (SID) ImageName
Statement of Additional Information (SAI) ImageName
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Frequently Asked Questions

 
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Bajaj Finserv Consumption Fund is an open ended equity scheme following consumption theme. The fund is designed to invest into megatrends, transforming consumption patterns.

• The fund is a true-to-label Consumption fund
• The fund will invest in Consumption Megatrends by identifying potential growth stories
• The fund will have the flexibility to invest across the market cap spectrum
• The fund will benefit from targeting future profit pool companies

• Investors looking to do lumpsum investments
• Investors with a higher risk appetite
• Investors looking for tactical allocation in their overall equity portfolio
• Investors with an investment horizon of 5+ years

The fund is suitable for lumpsum investment for investors looking to do tactical allocation in their equity portfolio

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Bajaj Finserv Consumption Fund – Overview

A consumption-themed mutual fund invests primarily in companies benefiting from consumer spending and lifestyle trends. Such funds can target businesses across various sectors – retail, food and beverages, travel, technology, healthcare, etc – that cater to consumer needs and benefit from consumer spending.

The Bajaj Finserv Consumption Fund comes at a time when the consumption sector in India is growing rapidly and is projected to experience a boom. The rise in domestic demand will be spurred by a rapidly growing middle class, increasing per-capita income, growing disposable incomes, and technological advancements that have made purchasing quicker and more convenient.

The Bajaj Finserv Consumption Fund follows a megatrends approach. Megatrends are large, significant, and sweeping shifts that influence economies, societies, and geographies.

These trends tend to have lasting impact, and investing in them early on offers significant long-term growth potential. You can also invest in the Bajaj Finserv Consumption Fund online or offline through Bajaj Finserv AMC, our Registrar and Transfer Agent KFintech, registered mutual fund distributors, and aggregator platforms. Investments (both lumpsum and SIP) start at Rs. 500. You can also use tools such as a compounding interest calculator for help in planning your investments.

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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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