Bajaj Finserv AMC pioneers the Bajaj Finserv Healthcare Fund, revolutionizing the Indian healthcare landscape.

Bajaj Finserv AMC has launched the Bajaj Finserv Healthcare Fund, an open-ended equity scheme that invests in health and wellness-linked sectors to create long-term growth. The fund opens for subscription on December 6, 2024, and the New Fund Offer period ends on December 20, 2024. The fund is suitable for investors seeking long-term wealth creation and has a minimum investment horizon of five years. The scheme is benchmarked against the BSE Healthcare Total Return Index (TRI) and invests at least 80% in companies that belong to sectors forming part of the TRI. The fund aims to capitalize on the growth of the Indian healthcare sector, driven by demographics, private healthcare expenditures, and technological advancements. The fund’s portfolio will span various sectors, including pharmaceuticals, medical research, and medical equipment. According to Ganesh Mohan, CEO of Bajaj Finserv AMC, the fund is strategically positioned to align with the global healthcare boom and leverage informational, behavioral, and quantitative advantages to outperform the market in the long term.