Bajaj Finserv AMC has announced the launch of the Bajaj Finserv Healthcare Fund, an open-ended equity scheme that seeks to create long-term growth by investing in health and wellness-linked sectors. The fund opens for subscription on December 6th, and the New Fund Offer period ends on December 20th, 2024.
The Bajaj Finserv Healthcare Fund is suitable for investors seeking wealth creation potential over the long term by investing predominantly in equity and equity-related instruments of companies engaged in pharmaceuticals, hospitals, diagnostics, and wellness. It is suitable for an investment horizon of five years or more. The scheme is benchmarked against the BSE Healthcare Total Return Index (TRI).
The scheme will invest at least 80% in companies which belong to sectors forming part of BSE Healthcare Total Return Index (TRI). Ganesh Mohan, CEO, Bajaj Finserv AMC, says, “The Bajaj Finserv Healthcare Fund is a strategic pathway for investors to leverage the robust growth in the healthcare and wellness space.” Speaking about the healthcare fund, Nimesh Chandan, CIO at Bajaj Finserv AMC, says, “The healthcare sector offers immense opportunities and potential for long-term wealth creation.”
