Bajaj Finserv AMC has announced the launch of Bajaj Finserv Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap andsmall cap stocks. The fund opens for subscription on February 6, 2025, and closes on February 20, 2025.
The Bajaj Finserv Multi CapFund will use a contrarian strategy, going against popular sentiment to identify untapped and undervalued opportunities. This strategic approach may include buying assets that are out of favour or selling popular ones. Fund managers will follow market trends and sentiments to identify pricing inefficiencies and investment opportunities offered by economic and business cycles, temporary business disruptions, turnaround storiesand underappreciated growth drivers.
The fund will maintain a balanced mix of investments across large, mid, and small companies, ensuring a diversified and well-rounded portfolio. With this disciplined investment approach, the multi capfundwill aim to achieve superior long-term returns by identifying opportunities that others might miss.
The fund is suitable for investors who are looking for diversified exposure to large cap, mid cap and small cap segments and a sound investment opportunity in times of volatility. Investors are recommended to holdan investment horizon of 5years or more to realise the full potential of contrarian opportunities. The scheme is benchmarked against the Nifty 500 Multicap 50:25:25 TRI Index (TRI).
Speaking on the launch, Ganesh Mohan, Chief Executive Officer, Bajaj Finserv AMC said, “Bajaj Finserv MultiCap Fund provides investors with a unique opportunity to unlock hidden value in overlooked assets. It employs a contrarian strategy by investing in companies available at attractive prices and below their intrinsic value, aiming to capture growth across all market segments while allowing opportunities to fully materialize over the course of their business cycles. More than just seeking returns, we are committed to building sustainable wealth with strategic insight and discipline.”
Nimesh Chandan, Chief Investment Officer, Bajaj Finserv AMC said,“The Bajaj Finserv MultiCap Fund will follow a disciplined framework, providing equal opportunities to discover contrarian ideas across all market cap segments. It will invest a minimum of 25% in each large, mid, and smallcap companies, thus capitalizing on opportunities across the market cap spectrum. The fund will create a robust and well-balanced portfolio, utilizing the INQUBE investment philosophy, which makes use of superior information collection, behavioural insights, and quantitative analysis.”