CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: Today marks the end of the New Fund Offer (NFO) period for the Bajaj Finserv Large Cap Fund, a new equity product launched by Bajaj Finserv Asset Management Ltd. The NFO period ran from July 29th to August 12th, 2024, and the fund will re-open for subscription on or before August 23rd, 2024. The Bajaj Finserv Large Cap Fund aims to offer investors a blend of high conviction investing and steady long-term performance. In this article, we’ll understand the distinctive features of the Bajaj Finserv Large Cap Fund and explain why it could be a smart choice for building long-term wealth.
Key features of Bajaj Finserv Large Cap Fund
The Bajaj Finserv Large Cap Fund stands out among equity funds in this category due to two notable features: high active share and a concentrated portfolio of select stocks. Let’s break down these elements and their implications for investors.
High active share
Active share is a measure of how much a fund’s holdings differ from its benchmark index. A high active share indicates that fund managers are making significant, bold investment decisions, rather than just mirroring the index. For the Bajaj Finserv Large Cap Fund, a high active share reflects a commitment to active management and a strategy aimed at achieving returns that outperform the benchmark in the long term. Essentially, this means that the fund is not just following the market but is actively seeking to deliver better performance through selective stock picks.