Bajaj Finserv AMC has announced the launch of Bajaj Finserv Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap and small cap stocks. The fund opens for subscription on February 6, 2025, and closes on February 20, 2025.
The Bajaj Finserv Multi Cap Fund will use a contrarian strategy, going against popular sentiment to identify untapped and undervalued opportunities. This strategic approach may include buying assets that are out of favour or selling popular ones. Fund managers will follow market trends and sentiments to identify pricing inefficiencies and investment opportunities offered by economic and business cycles, temporary business disruptions, turnaround stories and underappreciated growth drivers.
Speaking on the launch, Ganesh Mohan, Chief Executive Officer, Bajaj Finserv AMC said, “Bajaj Finserv Multi Cap Fund provides investors with a unique opportunity to unlock hidden value in overlooked assets. It employs a contrarian strategy by investing in companies available at attractive prices and below their intrinsic value, aiming to capture growth across all market segments while allowing opportunities to fully materialize over the course of their business cycles.