High-growth companies
Invests in companies that have the potential to scale and make their way to the Nifty 50.
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BAJAJ FINSERV ASSET MANAGEMENT LIMITED.
An open ended index linked growth scheme seeking to replicate the returns of the Nifty Next 50 through investments in a basket of stocks drawn from the constituents of the Nifty Next 50 index. The objective of the Scheme is to invest in companies whose securities are included in the Nifty Next 50 Index and subject to tracking errors, to endeavor to achieve the returns of the Nifty Next 50 Index. This would be done by investing in all the stocks comprising Nifty Next 50 in approximately the same weightage that they represent in Nifty Next 50. The Scheme will not seek to outperform the Nifty Next 50 or to underperform it. The objective is that the performance of the NAV of the Scheme should track the performance of the Nifty Next 50 over the same period.
However, there is no assurance that the investment objective of the Scheme will be achieved
| Instruments | Indicative allocations (% of total assets) | |
|---|---|---|
| Minimum | Maximum | |
| Equity Stocks forming part of the Nifty Next 50 Index | 95% | 100% |
| Debt & Money Market instruments* | 0% | 5% |
*Money market instruments will include commercial papers, commercial bills, Triparty REPO, Reverse Repo and equivalent and any other like instruments as specified by SEBI and Reserve Bank of India from time to time.
No holdings available.
NIL
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Bajaj Finserv Nifty Next 50 Index Fund – Direct Plan
Bajaj Finserv Nifty Next 50 Index Fund – Regular Plan
Bajaj Finserv Gilt Fund
An open ended debt scheme investing in government securities across maturity with relatively high interest rate risk and relatively low credit risk
This product is suitable for investors who are seeking*:
A passively managed, open-ended equity scheme, the Bajaj Finserv Nifty Next 50 Index Fund mirrors the performance of the Nifty Next 50 Index. The fund aims to invest in the same set of companies as the Nifty Next 50 Index. By doing so, it can closely mimic the Index’s composition and weightage. It offers investors a low-cost and efficient way to participate in the fund performance of India’s next 50 large cap companies after the Nifty 50. The fund’s performance aims to move in line with the Nifty Next 50 over a similar timeline.
You can invest in Bajaj Finserv Nifty Next 50 Index Fund through both online and offline modes.
A Nifty Next 50 Index Fund is a passive mutual fund that invests in the 50 companies just below the Nifty 50 in terms of market capitalization. These companies are part of the Nifty Next 50 Index and are considered potential future leaders of the stock market.
While the Nifty 50 Index Fund invests in the top 50 companies, the Nifty Next 50 Index Fund targets the next set of large companies. These firms are usually in a growth phase and may carry higher risk but also better return potential over time.
This fund can be a suitable option if you want long-term growth, are okay with market-matching returns, and prefer low-cost investing. It’s also a suitable option for beginners or anyone who wants a simple approach to equity markets.
A holding period of at least 5 years is suggested to handle market ups and downs and benefit from the potential growth of these emerging large-cap companies.
You can invest in the Bajaj Finserv Nifty Next 50 Index Fund online through the AMC’s investor portal or via a registered mutual fund distributor. Offline, you can submit the application form at a local branch or any official point of acceptance. Distributors can also assist you with form filling and submission.
NAV updates on every business day and fluctuates based on market conditions. For the latest NAV, please check the top of this scheme page.
Returns depend on market performance and may vary over time. Please refer to the AMC’s website for the latest performance details or the factsheet.
You can typically start with a minimum investment of ₹5000. For exact terms, please refer to the scheme information document or check with your distributor.
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Our Investment Philosophy reflects what we, as an organisation, believe will generate a good return on equity investment for our investors in the long term. It dictates our goals and guides decision making.
Alpha (a) is a term used in investing to describe an investment strategy’s ability to beat the market.
Alpha is thus also often referred to as excess return or the abnormal rate of return in relation to a benchmark, when adjusted for risk. Essentially, it means doing better than the crowd without taking disproportionate risk.
Collecting superior information
Analysts and portfolio managers strive to collect superior information about the business and the management of the company. They try to generate superior earnings forecast and the balance strength of the company and the industry, thereby trying to 'beat the market' on information edge. This is an important source of alpha for an investor. However, over the years, retaining the information edge has become more difficult and expensive. With a whole lot of investors trying to collect superior information, how can an investor be sure to continuously have accurate and material information about the companies, ahead of others, all the time?
Processing information better
Even if you don't have material information earlier than the crowd, you can still generate better outcomes if you are able to process this information better. Investors develop models and algorithms with enhanced predictive powers to forecast the next move. Fund managers who invest based on some pure formal analytical models are quantitative managers. Here, the goal is to try and beat other investors based on the sophistication of procedures or analytics. The analytical edge can be quite useful until it gets copied by many, and then it may stop generating superior returns.
Exploiting behavioural biases
As the name suggests, this edge is achieved by superior behaviour in reacting to the inputs available to maximise alpha. Modern finance assumes people behave with extreme rationality. However, researchers in behavioural finance have shown that this is not true. Moreover, these deviations from rationality are often systematic. Behavioural managers try to exploit situations where securities are mispriced by the market because of behavioural factors. At Bajaj Finserv AMC, we endeavour to combine the best of these edges.
