NFO alert: Bajaj Finserv Mutual Fund launches Bajaj Finserv Nifty 50 ETF and Bajaj Finserv Nifty Bank ETF

Bajaj Finserv Mutual Fund has launched two new ETFs, Bajaj Finserv Nifty 50 ETF and Bajaj Finserv Nifty Bank ETF. Both ETFs are open-ended and have a minimum subscription amount of Rs. 500. They aim to track the performance of the Nifty 50 Index and the Nifty Bank Index, respectively. There are no entry loads and no exit loads for units sold through the secondary market. However, brokerage charges on sales through the stock exchange will be borne by the investors. Large investors can redeem units directly with the fund at applicable NAV-based prices if the redemption amount exceeds Rs 25 crore.

The investment objective of the Scheme(NFO) is to provide returns that correspond with the performance of the NIFTY 50 Index and Nifty Bank Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved

Funds Allocation 

Fund Managers 

Sorbh Gupta, Age: 43 years, Experience: 16 years

Ilesh Savla, Age: 46 years, Experience: 23 years

Historical Returns of Similar ETFs – Nifty 

Above returns are in %

Historical Returns of Similar ETFs – Nifty Bank 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.