Bajaj Finserv Launches Gilt Fund NFO – Open For Subscription

Bajaj Finserv Asset Management Company (AMC) has announced the launch of the Bajaj Finserv Gilt Fund, an open-ended debt scheme focused on government securities. The fund, designed for low credit risk and reasonable returns, opens for subscription on December 30, 2024, and closes on January 13, 2025.

Investment Objective

The fund’s investment objective is to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. The scheme may also be investing in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified from time to time.

Fund Features and Options

• Growth and IDCW Options: Investors can select either growth or income distribution cum withdrawal (IDCW) options under both Direct and Regular Plans.
• Investment Modes: Available for lump sum investments or SIP options.
• Minimum Investment: Starting at ₹5,000 with increments of ₹1 thereafter.

Speaking on the launch, Ganesh Mohan, CEO, of Bajaj Finserv AMC said, “As inflation moderates, growth is expected to become a key focus area, and policy priorities are likely to shift from controlling inflation to supporting growth. Many major economies are showing signs of slowing down, and central banks worldwide are likely to reduce rates to address this challenge. There is a significant possibility of a similar rate cut happening in India as well. This is an opportunity for investors to invest in all-weather funds such as Bajaj Finserv Gilt Fund, which aims to benefit most from opportunities arising with moderation in inflation, policy shift towards growth and the potential rate cuts”.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions. 

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