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Bajaj Finserv’s arm introduces new hybrid scheme

14 May 2024 Evaluate

Bajaj Finserv’s wholly owned subsidiary -- Bajaj Finserv Asset Management has introduced its yet another hybrid scheme, the Bajaj Finserv Multi Asset Allocation Fund. The NFO period of this scheme is from May 13 to 27, 2024. This innovative fund aims to cater to investors seeking stability, growth, and diversification in their investment portfolios. 

The fund focuses on companies with a track record of high dividend payouts. This strategy not only offers potential growth but also indicates stable business models and accountable management. The fund is designed to adapt to various market scenarios, making it suitable for both bullish and bearish market conditions.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.


Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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