PIONEER EDGE NEWS SERVICE/Dehradun

Capitalising 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) opened for subscription on November 10 and closes on November 24. The fund is benchmarked against the NIFTY Financial Services TRI.

India’s Banking and Financial services (BFSI) sector is transforming at an unprecedented pace, expanding well beyond traditional banking to include NBFCs, insurers, AMCs, capital markets, and cutting-edge fintechs. Over the past two decades, the sector’s market capitalisation has skyrocketed nearly 50X#, powered by rapid digitisation, rising credit penetratio

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