NFOs: Bajaj Finserv's Nifty50 ETF and Nifty Bank ETF mutual funds to open for subscription on January 15
Mutual Funds: Bajaj Finserv AMC's two new fund offers- Bajaj Finserv Nifty50 ETF and Bajaj Finserv Nifty Bank ETF- will open for subscription on Monday (January 15, 2024). They are the company's first ETF products and their launch is a strategic move aimed at providing investors with a better and cost-effective way of investing.
The fund aims to mimic the performance of the benchmark index, wherein Bajaj Finserv Nifty 50 ETF is aligned with the Nifty 50 Index, Bajaj Finserv Nifty Bank ETF will follow the Nifty Bank Index. Photo: Pixabay/Representational