Bajaj AMC NFO Open Now: Invest in New Balanced Advantage Fund

Bajaj AMC NFO Open Now: Invest in New Balanced Advantage Fund

Bajaj Finserv Asset Management, a leading asset management company in India, today announced the launch of Bajaj Finserv Balanced Advantage Fund (BAF), an open-ended dynamic asset allocation fund designed to provide investors with the potential for long-term growth while mitigating risk.

BAF is unique in its approach to asset allocation, combining behavioral sciences and financial insights to navigate market volatility and optimize returns. The fund’s investment team analyzes both quantitative and behavioral factors to make informed decisions about the allocation of assets between equity, debt, and derivatives.

“We believe that Bajaj Finserv BAF is a valuable addition to our product suite,” said Siddharth Chaudhary, Fund Manager, Bajaj Finserv Balanced Advantage Fund. “The fund’s unique investment approach has the potential to help investors achieve their long-term financial goals.

To determine the asset allocation strategy, the conventional method is to use quantitative models, historical performance, and fundamentals. However, the investment team at Bajaj Finserv AMC also thinks that behavioral science models can be used to determine when and how to allocate assets.

The fundamental investment strategy is guided by the Bajaj Finserv AMC BAF model, which calculates the fair market value based on projected earnings per share, growth prospects, and interest rates. By adjusting entry and exit points, the fund’s behavioral indicator assists investors in managing market volatility and optimizing returns. Additionally, it directs the allocation of stock, raising it in inexpensive markets and decreasing it in overpriced ones.

What is a Balanced Advantage Fund?

A balanced advantage fund is a hybrid mutual fund that invests in a mix of equity and debt instruments. The fund manager dynamically adjusts the asset allocation between equity and debt based on market conditions. This helps to reduce risk and provides investors with the potential for long-term growth.

Why Invest in Bajaj Finserv Balanced Advantage Fund?

There are several reasons why you might want to invest in Bajaj Finserv Balanced Advantage Fund:

• Experienced fund manager: The fund is managed by Siddharth Chaudhary, who has over 17 years of experience in the mutual fund industry.
• Diversified portfolio: The fund invests in a mix of equity and debt instruments, which helps to reduce risk.
• Potential for long-term growth: The fund has the potential to provide investors with long-term growth by investing in equity markets.

Additional Key Features of Bajaj Finserv Balanced Advantage Fund

• Investment Options: The fund offers two options: Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. The Growth Option is designed for investors who want to maximize their potential returns, while the IDCW Option is designed for investors who want to receive regular income.

• Tax Benefits: Mutual fund investments are eligible for tax benefits under Section 80C of the Income Tax Act. This means that you can deduct up to Rs. 1.5 lakh from your taxable income for investments made in mutual funds.

• Systematic Investment Plan (SIP): You can invest in the fund through a Systematic Investment Plan (SIP). A SIP is a convenient way to invest regularly and build up your investment corpus over time.

About Bajaj Finserv Asset Management

Bajaj Finserv Asset Management is a leading asset management company in India. The company has a strong track record of performance and manages a wide range of mutual funds across different categories.

How to Invest

You can invest in Bajaj Finserv Balanced Advantage Fund through a variety of channels, including:

• Bajaj Finserv website: You can invest online through the Bajaj Finserv website.
• Mutual fund distributor: You can invest through a mutual fund distributor.
• Registered bank: You can invest through a registered bank.

Read This Also: Tata Technologies IPO Allotment: How to Check Your Status

Things to Consider

Before you invest in Bajaj Finserv Balanced Advantage Fund, you should consider the following:

• Your investment goals: What are you hoping to achieve with your investment?
• Your risk tolerance: How much risk are you comfortable taking on?
• Your investment horizon: How long do you plan to invest?

Please consult with a financial advisor to determine if the Bajaj Finserv Balanced Advantage Fund is right for you.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Please consult with a financial advisor before making any investment decisions.