The New Fund Offer (NFO) opens on November 10 and closes on November 24, with the fund benchmarked against the NIFTY Financial Services TRI.
The scheme aims to provide long-term capital appreciation by investing across the spectrum of the financial services industry — including banks, NBFCs, insurers, capital market intermediaries, and asset management companies. It will invest in 45–60 stocks shortlisted from a broader Megatrends universe of about 180–200 companies, representing key structural shifts in India’s financial landscape.
India’s BFSI sector has expanded nearly 50 times in market capitalization over the past two decades, driven by rapid digitization, growing financial inclusion, and policy reforms. With UPI adoption, digital lending, and rising insurance and mutual fund penetration, the sector is now seen as a core pillar of India’s long-term economic expansion.
Ganesh Mohan, Managing Director of Bajaj Finserv AMC, said the sector’s growth is “central to India’s economic journey toward becoming a top global economy,” adding that the fund offers investors “a focused opportunity to participate in the transformation of India’s financial landscape.”
Chief Investment Officer Nimesh Chandan said the fund’s approach will emphasize “rigorous research and disciplined stock selection,” focusing on companies with “sustainable competitive advantages, prudent capital allocation, and strong governance.”
The equity portion of the fund will be managed by Nimesh Chandan and Sorbh Gupta, while the debt component will be overseen by Siddharth Chaudhary. The minimum investment during the NFO is ₹500, with an exit load of 1% for redemptions within three months of allotment.
