Bajaj finserv multi asset allocation fund review

Bajaj finserv multi asset allocation fund review

Bajaj finserv multi asset allocation fund NFO ReviewBajaj finserv multi asset allocation fund Direct NFO Open on 13 May 2024 and Close on 27 May 2024. Bajaj finserv multi asset allocation fund Direct NFO Allotment Date is 03 June 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount  is ₹500. The Minimum SIP Investment Amount is ₹500.

 

Type of the Scheme 

An open ended scheme investing in equity and equity related instruments, debt & debt derivatives and money market instruments, Gold ETFs, Silver ETFs, exchange traded commodity derivatives (ETCD) and in units of REITs and InvITs.

 

The Scheme benchmark would be 65% Nifty 50 TRI + 25% NIFTY Short Duration Debt Index + 10% Domestic Prices of Gold. The components of Benchmark for Multi Asset Allocation Fund.

Bajaj finserv multi asset allocation fund Nfo Important Date

Scheme Offer Bajaj finserv multi asset allocation fund
Offer Price Rs. 10/- per Unit
Type of Scheme open-ended scheme
Open Date 13 May, 2024
Allotment Date 03 June 2024
Close Date 27 May, 2024
Category Multi Asset Allocation Fund
Min Inv ₹ 500
Lock in Period N/A
Risk Very High
Scheme Benchmark N/A

 

Bajaj finserv multi asset allocation fund Other Details

Exit Load 0.01%
Exit Load Details Exit Load for units of 30% of the investment,1% will be charged for redemption within 1 year.
Entry Load N/A
Stamp Duty 0.005%
Min. Investment Rs. 500

 

Bajaj finserv multi Scheme asset allocation

Instruments Minimum Maximum Risk Profile
Equity & Equity Related Instruments 35% 80% Very High
Debt securities (including securitized debt & debt derivatives) and Money Market Instruments* including Units of Debt oriented mutual fund schemes 10% 55% Low to Moderate
Gold ETFs, Silver ETFs, Exchange Traded Commodity Derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time. 10% 55% Moderately High
Units issued by REITs and InvITs 0% 10% High

 

Bajaj finserv multi asset allocation fund Fund Manager Details

  • Fund Manger : Vinay Bafna
  • Qualification  : MBA Finance
  • Experience  : Mr. Vinay Bafna has been associated with the AMC as Research Analyst. Prior to joining the AMC, he was associated with ICICI Securities Limited as a Research Analyst, tracking metals & commodities, pharma. He has over 10 years of work experience in researching different commodities market and sectors such as metals & commodities, pharma, IT, hospitality and supporting ERP used by global commodity clients.

 

  • Fund Manger : Mr. Sorbh Gupta
  • Experience : Mr. Sorbh has over 16 years of experience in the Indian Capital Markets. Since 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. 
  • Qualification  : CA, CFA, BCOM

 

  • Fund Manger : Mr. Siddharth Chaudhary
  • Experience :  Mr. Chaudhary joined the Company in July 2022 as 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 as Senior Fund Manager – Fixed Income, from August 2010 – March 2017 as Fund Manager – Fixed Income. During June 2006 – September 2010 he was working as Senior Manager, Treasury Dept in Indian Bank.
  • Qualification  : B. Com, PGPSM from UTI Institute of Capital Markets

 

  • Fund Manger : Mr. Nimesh Chandan
  • Experience :  Mr. Nimesh 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 Investments, Equities (Domestic and Offshore). He has also worked with other asset management companies including Birla Sunlife Asset.
  • Qualification  : B.Com, MMS (Finance)

 

Investment Objective of the Scheme ? 

To generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs.

 

Scheme allocate its assets 

At present in Indian market following types of loans are securitised:-

• Auto Loans (cars / commercial vehicles /two wheelers)
• Residential Mortgages or Housing Loans
• Consumer Durable Loans
• Personal Loans
• Corporates Loans

 

The Scheme will not invest in following securities 

• Fund of Funds scheme.
• Credit Default Swaps.
• The scheme will not invest in credit enhancements and structured obligation instruments.
• foreign securitized debt

 

Fund Manager Manages the Scheme? 

  1. Mr. Nimesh Chandan
  2. Mr. Sorbh Gupta
  3. Mr. Siddharth Chaudhary
  4. Mr. Vinay Bafna (Fund
  5. Manager – Commodities)

 

Bajaj finserv multi asset allocation fund price

Fund Equity Oriented Funds Taxation :-

Tax implications on distributed income (hereinafter referred to as either ‘Income from units of Mutual Funds’ or ‘capital gains’) by Mutual Funds.

 

Bajaj finserv multi asset allocation fund Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: www.kfintech.com
Email: hoacfoods.ipo@kfintech.com
Investor Grievance Email:einward.ris@kfintech.com
Contact Person: Mr. M Murali Krishna

 

 

Bajaj finserv multi asset allocation fund nfo form download

https://portal.amfiindia.com/spages/13924.pdf

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