Bajaj Finserv Asset Management Limited (BFAML) has unveiled the Bajaj Finserv Large Cap Fund, a new investment vehicle set to open for subscriptions from July 29 to August 12, 2024. This fund distinguishes itself with a concentrated strategy, focusing on a curated selection of 25-30 high-conviction large-cap stocks, and aims to outperform the Nifty 100 Total Return Index (TRI) over the long term.
The fund is strategically designed to offer enhanced risk-adjusted returns by leveraging its high active share approach. Recent studies by BFAML indicate that large-cap valuations are currently aligned with long-term averages, presenting an attractive entry point for investors. Large caps typically exhibit lower volatility and quicker recovery compared to mid and small caps, underscoring the fund’s potential for stable returns.
Ganesh Mohan, CEO of BFAML, stated, “Our Large Cap Fund provides a unique investment opportunity in India’s top-performing companies, backed by rigorous stock selection and a concentrated portfolio to drive long-term outperformance.” Nimesh Chandan, CIO, emphasized that the fund’s high active share is pivotal for surpassing benchmark performance.Investors can choose between direct and regular plans with a minimum investment of Rs. 500. For more information, visit Bajaj Finserv AMC.
