Also, both in the lumpsum as well as SIP, investors can invest a minimum of Rs 500 and above with minimum 6 installments in the SIP route.
Bajaj Finserv’s new Large and Midcap NFO is set for closure today. Investors can invest in the mutual fund scheme via the SIP and SWP route to create an investment plan.
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The fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities, predominantly in large and mid-cap stocks from various sectors. The fund manager may also seek participation in other equity and equity-related securities.
Also, both in the lumpsum as well as SIP, investors can invest a minimum of Rs 500 and above with minimum 6 installments in the SIP route.
The company’s senior fund manager- Sorbh Gupta told Zee Business that the fund house was prompted to launch the NFO in the segment as the large and mid space is relatively better placed than broader market in terms of valuations. We also have a strategy more suited to this category as we will be picking industry leaders and emerging leaders. Hence, large and midcaps together offer diversified investment opportunities.
“The large and mid-cap fund is based on ‘Moat Investing’ strategy. In this, the asset allocation strategy is designed basis various ‘Economic Moats’ of the underlying companies like Brand strength, cost leadership, network effect, switching cost, intellectual property, and Economies of scale,” noted the expert while highlighthing the difference between large and midcap funds and other mutual fund categories available in the market.
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So, investors seeking long-term gains from the superior growth and profitability of quality companies. It’s also suitable for those looking to minimize the risk of permanent capital loss in their portfolios over the long term.
