Mumbai: BAJAJ FINSERV MUTUAL FUND is launching the BAJAJ FINSERV NIFTY NEXT 50 INDEX FUND through an NFO (New Fund Offer), which will run from April 22 to May 6, 2025, on the BSE StAR MF platform. Investors can also utilise the SIP (Systematic Investment Plan) facility during this period.
Fund Details
The NFO includes six options, such as Direct and Regular plans with IDCW Payout, IDCW Reinvestment, and Growth options. The ISINs for each option have been provided, with the tentative allotment date set for May 12, 2025.
Transaction and Payment Guidelines
To ensure smooth processing, transactions must be funded by 9:00 AM on T+1 day. Pending transactions will be canceled, and CC with N flag will be reported to the RTA/AMC. The last day for payment to the AMC is May 9, 2025, by 6:00 PM.
Switches and Extended NFO
Switches will be accepted during the NFO period but are contingent on receipt of funds for the switch-out scheme before the allotment date. The NFO will extend until midnight on May 6, 2025, only for lumpsum purchases.
Investors are encouraged to make early investments and complete the necessary formalities for SIP registrations before the NFO closure.
