23/4/2025, 1:07:03 pm

Bajaj Finserv Nifty Next 50 Index Fund NFO

Bajaj Finserv has launched the Nifty Next 50 Index Fund, an open-ended scheme tracking the Nifty Next 50 Index. It aims to replicate index returns through regular portfolio rebalancing. Targeted at high-risk investors with a 7-10 year horizon, the fund is managed by Ilesh Savla and Haresh Mehta. The NFO runs from April 22 to May 6, 2025, with a minimum investment of ₹500, offering SIP options.