Listen to this article
Bajaj Finserv Mutual Fund has launched Bajaj Finserv Large and Mid Cap Fund, an open-ended equity scheme investing in both large-cap and mid-cap stocks.
In a press release, Ganesh Mohan, CEO, Bajaj Finserv MF, said “We are capitalising on the growth potential inherent in both large size companies and agile midcap enterprises. This approach allows investors to benefit from the relative stability of established giants and the agility of rising stars.”
Nimesh Chandan, CIO, Bajaj Finserv MF said, “Large and Mid cap is a category which has many companies with leadership in their businesses. The key characteristic of this fund is stock selection based on moat investing strategy. It is a strategy that identifies companies with a competitive advantage which helps them defend their leadership and strong business metrics, resulting in long-term value creation.”
The fund will be jointly managed by Nimesh Chandan and Sorbh Gupta on the equity side and Siddharth Chaudhary on the debt side.