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Bajaj Finserv Mutual Fund has launched Bajaj Finserv ELSS Tax Saver Fund.
Ganesh Mohan, CEO, Bajaj Finserv AMC said, "The Bajaj Finserv ELSS Tax Saver Fund has been structured to help the individual attain his financial goals while still reaping the inherent benefits of tax advantage under Section 80C."
The fund follows a long-term-oriented stock selection process by using a bottom-up approach to identify businesses with good fundamentals and strong growth potential.
Nimesh Chandan, Chief Investment Officer Bajaj Finserv AMC, said, “it's a very careful approach taken for a long-term point of view. With sustainable growth potential, quality stock selection will form a portfolio that enables investors to succeed in their financial goals coupled with tax benefits.”
With a diversified portfolio with large-cap, mid-cap, and small-cap companies, the fund is benchmarked to the BSE 500 Total Return Index.
