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Bajaj Finserv Mutual Fund has filed draft offer documents with SEBI to launch 7 new schemes – 2 equity funds, 2 hybrid funds and 3 debt funds.
Under equity funds, the fund house has filed for large and mid-cap fund and flexi cap fund. Similarly, the fund house will launch arbitrage fund and balanced advantage fund in hybrid category.
Bajaj Finserv MF will start its debt offerings with three short term debt funds through liquid, overnight and money market fund.
Here are the fund details as per the draft scheme information documents available with SEBI.
Fund |
Type |
Benchmark |
Fund Manager (s) |
Bajaj Arbitrage Fund |
Open-ended |
Nifty 50 Arbitrage Index (TRI) |
Nimesh Chandan (Equity portion) Siddharth Chaudhary (Debt portion) |
Bajaj Balanced Advantage Fund |
Open-ended |
NIFTY 50 Hybrid Composite debt 50:50 Index |
Nimesh Chandan and Sorbh Gupta (Equity Portion) Siddharth Chaudhary (Debt Portion) |
Bajaj Flexi Cap Fund |
Open-ended |
S&P BSE 500 TRI |
Nimesh Chandan and Sorbh Gupta (Equity portion) Siddharth Chaudhary (Debt portion) |
Bajaj Large and Mid Cap Fund |
Open-ended |
Nifty Large Midcap 250 TRI |
Nimesh Chandan and Sorbh Gupta (Equity portion) Siddharth Chaudhary (Debt portion) |
Bajaj Liquid Fund |
Open-ended
|
NIFTY Liquid Index B‐I |
Siddharth Chaudhary and Nimesh Chandan |
Bajaj Money Market Fund |
Open-ended
|
NIFTY Money Market Index B‐I |
Siddharth Chaudhary and Nimesh Chandan |
Bajaj Overnight Fund |
Open-ended |
CRISIL Overnight Fund AI Index |
Siddharth Chaudhary and Nimesh Chandan |