The objective of the Scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand. However, there is no assurance that the investment objective of the Scheme will be achieved.
The Bajaj Finserv Consumption Fund is an open ended actively managed equity scheme aims to provide long-term capital appreciation by investing 80 100% of total assets in- equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand. The scheme would invest in stocks across market capitalization, however, may take concentrated exposure to certain stocks/sectors/industry. The Fund aims to capture the wide-ranging investment presented by Consumer Investment theme which responds to lasting changes in the emerging and developed markets. It does not focus solely on the consumer sector but on a broad range of sectors that will benefit from increased consumption. The fund manager may not have any bias towards particular market cap or style in selecting investment opportunities. Indicative list of sectors/industry falling under consumption theme as per Industry classification issued by AMFI are as follows: Automobile and Auto Components Capital Goods Consumer Durables Consumer Services Fast Moving Consumer Goods Media, Entertainment & Publication Realty Textiles Any other industry/sector that forms part of the benchmark index Please note that the above list is indicative, and the Fund Manager may add such other sector/industries which satisfy the consumption theme. The Fund Manager may also add other sectors as may be added in Nifty India Consumption Index from time to time. The scheme may invest upto 20% of its total assets in equities and equity related securities of other than companies engaged in domestic consumption space or allied activities. The scheme may use Derivatives traded on recognized stock exchanges for the purpose of hedging, portfolio rebalancing and other purposes as may be permitted by SEBI. Although the scheme will predominantly invest in companies engaged in, it retains the flexibility to take some exposure beyond such companies based on the asset allocation pattern of the scheme. The scheme intends to use equity derivatives for purposes that may be permitted by SEBI Mutual Fund Regulations from time to time. Derivatives instruments may take the form of Futures, Options, Swaps or any other instrument, as may be permitted from time to time. For detailed derivative strategies, please refer to SAI. The Scheme may use SLBM for earning additional income for the scheme with a lesser degree of risk. Scheme may invest in the units of Mutual Fund schemes of Bajaj Finserv Mutual Fund or any other Mutual Funds in terms of the prevailing SEBI (MF) Regulations . The Scheme may also invest a part of its corpus in overseas markets in Global Depository Receipts (GDRs), ADRs, overseas equity, bonds and mutual funds and such other instruments as may be allowed under the Regulations from time to time. The scheme may take exposure in units of REIT and InvITs at an opportune time to generate income from real estate or infrastructure assets. Investing in units of REITs and InvITs has the potential to generate capital appreciation and regular income streams.
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