Bajaj Finserv Launches Nifty Next 50 Index Fund

Bajaj Finserv Asset Management Company has opened a New Fund Offer (NFO) for its Nifty Next 50 Index Fund – Regular Growth, beginning 22 April 2025 and closing on 6 May 2025.

Fund Objective and Strategy

The scheme aims to invest in companies that are part of the Nifty Next 50 Index. The portfolio will include all the stocks in the index, with each stock held in roughly the same proportion as its weight in the index. The objective is to track the performance of the Nifty Next 50 Index, subject to tracking errors. The fund does not aim to outperform or underperform the index.

Index Background

The Nifty Next 50 Index represents the 50 companies that are next in line after the Nifty 50 in terms of free-float market capitalisation. These are companies across multiple sectors, and some of them may eventually move into the Nifty 50 over time.

Fund Details 

• Category: Equity | Large Cap
• Opening NAV: ₹10 per unit
• Minimum Investment: ₹500
• Options Available: Growth and IDCW (Income Distribution cum Capital Withdrawal)
• Entry/Exit Load: None
• SIP, SWP, STP: Available

The fund will be managed by Ilesh Savla, who is also responsible for other index funds under the AMC.

Application Period

Investors can subscribe to the scheme from April 22, 2025, to May 6, 2025, through authorised platforms and intermediaries.

Read More: NFO Alert: Bajaj Finserv Mutual Fund Launches Bajaj Finserv Multi Cap Fund.

Conclusion

This index fund follows a passive strategy with the goal of matching the returns of the Nifty Next 50 Index over time. It uses standard index-tracking methodology and does not involve active stock selection.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.