Mr.Ilesh Savla joined Bajaj Finserv Asset Management Limited (Bajaj Finserv AMC) in April 2023. Mr. Savla has over 23 years of work experience across various functions in Equity Dealing and Sales Trading / Dealing profile. Prior to Bajaj Finserv , Mr. Savla was associated with Reliance Nippon Life Insurance, Equirus Securities and Maybank KimEng Securities.
{
"url":"",
"url_invest":null,
"debt": "Debt/Cash 100%",
"equity": "Equity 0%",
"HCRGG": {
"nav": "10000",
"date": "31-10-2024",
"since": {
"bajajflexi": "7.19",
"bajajsmall": "7.33",
"bajajnifty": "7.24"
},
"6_month_ago": {
"bajajflexi": "7.31",
"bajajsmall": "7.43",
"bajajnifty": "7.54"
}
},
"HCDGG": {
"nav": "10001",
"date": "31-10-2024",
"since": {
"bajajflexi": "7.38",
"bajajsmall": "7.33",
"bajajnifty": "7.24"
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"6_month_ago": {
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| NFO Start Date | NFO Close On | Risk Type |
|---|---|---|
|
22-04-2025
|
06-05-2025
|
Very High
|
This is an Index fund with Nifty Next 50 Total Return Index (TRI) as its benchmark. The risk level for this fund is categorised as Very High.Index Fund
Nifty Next 50 Total Return Index (TRI)
Invests in high growth companies
Invests in companies that have historically been steppingstones to Nifty 50
Sectoral mix
Benefit of a well-balanced sector mix and a diversified exposure to large cap companies
Long-term wealth creation
Focus on delivering a disciplined passive investment strategy, aligning with long-term wealth creation goals
An open ended index linked growth scheme seeking to replicate the returns of the Nifty Next 50 through investments in a basket of stocks drawn from the constituents of the Nifty Next 50 index. The objective of the scheme is to invest in companies whose securities are included in the Nifty Next 50 Index and subject to tracking errors, to endeavor to achieve the returns of the Nifty Next 50 Index. This would be done by investing in all the stocks comprising Nifty Next 50 in approximately the same weightage that they represent in Nifty Next 50. The Scheme will not seek to outperform the Nifty Next 50 or to underperform it. The objective is that the performance of the NAV of the Scheme should track the performance of the Nifty Next 50 over the same period. However, there is no assurance that the investment objective of the Scheme will be achieved
| Instruments | Indicative allocations (% of total assets) | |
|---|---|---|
| Minimum | Maximum | |
| Equity Stocks forming part of the Nifty Next 50 Index | 95% | 100% |
| Debt & Money Market instruments* | 0% | 5% |
Type of Scheme
An open ended scheme tracking Nifty Next 50 Index
During NFO:
Minimum application amount (lumpsum): Rs. 500/- and in multiples of Re. 1/- thereafter.
Systematic Investment Plan (SIP): Rs. 500 and above: minimum 6 instalments
Rs. 500 and in multiples of Re. 0.01/- or the account balance of the investor, whichever is less.
Entry Load: Nil
Exit Load: Nil
Bajaj Finserv Nifty Next 50 Index Fund – Direct Plan
Bajaj Finserv Nifty Next 50 Index Fund – Regular Plan
Offer for Units of Rs. 10 each for cash during the New Fund Offer and Continuous offer for Units at NAV based prices
A Nifty Next 50 Index Fund is a passive mutual fund that invests in the 50 companies just below the Nifty 50 in terms of market capitalization. These companies are part of the Nifty Next 50 Index and are considered potential future leaders of the stock market.
While the Nifty 50 Index Fund invests in the top 50 companies, the Nifty Next 50 Index Fund targets the next set of large companies. These firms are usually in a growth phase and may carry higher risk but also better return potential over time.
This fund is suitable for investors who want to diversify beyond the top 50 companies and are comfortable with some extra volatility. It suits those with a long-term investment view and high-risk appetite.
A holding period of at least 5 years is suggested to handle market ups and downs and benefit from the potential growth of these emerging large-cap companies.
Investing in index funds is one of the ways to grow wealth over time, especially…
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