Capitalizing on India’s accelerating financial growth story, Bajaj Finserv Asset Management Limited announced the launch of its Banking and Financial Services Fund, an open-ended equity scheme investing in Banking and Financial services sector. The New Fund Offer (NFO) opens for subscription on 10 th November 2025 and closes on 24 th November 2025. The fund is benchmarked against the NIFTY Financial Services TRI.
Ganesh Mohan, Managing Director, Bajaj Finserv Asset Management Limited, said, “As India marches toward Viksit Bharat and becomes a Top 3 economy globally, the financial services sector will play a significant role in enabling this growth. India’s increasing affluence and aspirations will drive significant growth across different financial services like lending, insurance, investments, payments and capital market products. BFSI will increasingly be central to India’s growth & will attract both domestic and foreign pools of capital as the economy expands. We believe this gives investors a great opportunity to participate in this megatrend through a dedicated thematic fund which will identify opportunities across the entire financial services spectrum and look to benefit from the future growth in these sectors.”
Nimesh Chandan, CIO, Bajaj Finserv Asset Management Limited, said, “Our investment approach for the Bajaj Finserv Banking and Financial Services Fund is anchored in rigorous research and disciplined stock selection. The fund will invest in 45–60 curated companies from a universe of 180-200 megatrends powered companies, across banking, NBFC, insurance, capital market intermediary, and asset management segments, ensuring both breadth and depth of exposure. While the sector offers multiple growth avenues, we believe superior outcomes are achieved by identifying businesses with sustainable competitive advantages, prudent capital allocation, and strong governance. By focusing on quality and maintaining a long-term orientation, we aim to deliver consistent risk-adjusted returns while giving investors access to the most compelling opportunities within India’s evolving BFSI landscape.”