Bajaj Finserv Mutual Fund launched
Bajaj Finserv launched its mutual fund (MF) business on (June 6, 2023). The non-banking financial services company got capital markets regulator SEBI’s approval in March for its MF business, and it will be operated under Bajaj Finserv Mutual Fund.
This is India’s 43rd asset management company (AMC). Bajaj Finserv has already received SEBI’s approval to launch seven schemes, which include three debt schemes, three equity schemes, and one arbitrage fund. Currently, Bajaj Finserv has a customer base of more than 10 crores, and it has over 6 crore retail customers.
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