India, April 24 -- Bajaj Finserv Mutual Fund has launched a new Open Ended Growth scheme named "Bajaj Finserv Nifty 50 Index 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 Apr 25 to May 09, 2025.
According to the offer document filed with SEBI, the entry and exit load is Nil.
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 Ilesh Savla, while the performance of the scheme will be benchmarked against Nifty 50 Total Returns Index.
The objective of the Scheme is t...