July 27, 2024
mayank
Bajaj Finserv Large Cap Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Bajaj Finserv Large Cap Fund Open Date, Close Date?
NFO opens on July 29, 2024
NFO will close on August 12, 2024
What is the Investment Strategy?
The Scheme seeks to generate long term capital appreciation and income distribution to investors by predominantly investing in equity and equity related instruments of large cap companies.
Basic Details
| Fund House | Bajaj Finserv Mutual Fund |
| Issue Open | 29 July 2024 |
| Issue Close | 12 August 2024 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 500 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 6 months |
| Riskometer | Very High |
| Benchmark | NIFTY 100 TRI |
What is The Benchmark Index of Bajaj Finserv Large Cap Fund?
Nifty 100 represents top 100 companies based on full market capitalisation from Nifty 500. This index intends to measure the performance of large market capitalisation companies. The Nifty 100 tracks the behavior of combined portfolio of two indices viz. Nifty 50 and Nifty Next 50.
Nifty 100 is computed using free float market capitalization method wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value.
Nifty 100 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 100 Total Returns Index, Nifty100 Equal Weight Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 9.10 | 14.09 | 30.93 | 16.05 | 16.15 |
| Total Return | 9.61 | 14.82 | 32.39 | 17.38 | 17.79 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.27 | 18.99 | 21.54 |
| Beta (NIFTY 50) | 1.03 | 0.98 | 0.99 |
| Correlation (NIFTY 50) | 0.99 | 1.00 | 1.00 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 23.6 | 4.29 | 1.19 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 9.56 |
| Reliance Industries Ltd. | 7.98 |
| ICICI Bank Ltd. | 6.36 |
| Infosys Ltd. | 4.26 |
| Larsen & Toubro Ltd. | 3.13 |
| Tata Consultancy Services Ltd. | 2.98 |
| ITC Ltd. | 2.96 |
| Bharti Airtel Ltd. | 2.91 |
| Axis Bank Ltd. | 2.71 |
| State Bank of India | 2.46 |
Performance Review of the Fund Managers of Bajaj Finserv Large Cap Fund?
1) Nimesh Chandan
Education: Mr. Chandan is an MBA in Finance.
Experience: He has good years of experience in capital markets. Prior to joining Bajaj Finserv Mutual Fund, he had been with Canara Robeco MF, ICICI Prudential MF, SBI MF and Aditya Birla Sun Life AMC as fund manager and has also worked with Stratcap Securities and Darashaw and Company.
Past Performance of his Schemes
| Fund | Bajaj Finserv Flexi Cap Fund | It’s Benchmark | Bajaj Finserv Large and Mid Cap Fund | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 27-7-2024
2) Siddharth Chaudhary
Education: Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).
Experience: Prior to joining Bajaj Finserv Mutual Fund, he has worked with Sundaram Mutual Fund and Indian Bank.
Past Performance of his Schemes
| Fund | Bajaj Finserv Money Market Fund | It’s Benchmark | Bajaj Finserv Flexi Cap Fund | It’s Benchmark |
| 1 Year | 7.92 | 4.69 | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 27-7-2024
3) Sorbh Gupta
Education: Mr. Gupta is a B.Com, CA and CFA.
Experience: Prior to joining Bajaj Finserv Mutual Fund, he was associated with Quantum Mutual Fund, Siddhesh Capital Markets Pvt. Ltd. & Pranav Securities Pvt. Ltd. He has over 11 years of overall experience in the equity research.
Past Performance of his Schemes
| Fund | Bajaj Finserv Nifty 50 ETF | It’s Benchmark | Bajaj Finserv Large and Mid Cap Fund | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 27-7-2024
Which Company Owns Bajaj Finserv Large Cap Fund?
Bajaj Finserv Asset Management Ltd.
Address: 8th floor, E-Core, Solitaire Business Hub (formerly Marvel Edge), Viman Nagar Pune – 411014
Website: https://www.bajajamc.com/
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Is it good to invest in Bajaj Finserv Large Cap NFO?
Guidance for Bajaj Finserv Large Cap Fund by Paresh Gordhandas, C.A., Research Analyst.
Bajaj Finserv Mutual Fund is building its portfolio of Funds strategically. First it launched the flexicap fund, then the large and midcap fund and now the Large cap fund. Without being swayed by the current crop of thematic and niche funds, it is presently concentrating on the biggies. Launched in August 2023, its Flexicap Fund now has a respectable AUM of Rs. 3115 crores.
The Benchmark for this fund is the Nifty 100. Nifty 100 represents top 100 companies based on full market capitalisation from Nifty 500. The Nifty 100 tracks the behavior of combined portfolio of two indices viz. Nifty 50 and Nifty Next 50.
The Fund will be managed by three Fund Manager. Mr. Nimesh Chandan has a long and rich experience in various Mutual Fund Houses behind him. He is also the Chief Investment Officer for Bajaj Finserv Mutual Fund.
Mr. Siddharth Chaudhary is an expert in Fixed Income side of Fund Management.
The Bajaj Finserv Largecap Fund is purely for long term holding of more than five years, as is the case with all Large Cap Funds to get maximum returns. Can invest in this fund.
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