Description

Bajaj Mutual Fund revises minimum investment amounts for Nifty 50 and Nifty Next 50 Index Funds, increasing fresh purchase minimum from Rs. 500 to Rs. 5,000 and additional purchase from Rs. 100 to Rs. 1,000 effective February 02, 2026.

Summary

Bajaj Finserv Mutual Fund has announced changes to the minimum application and additional purchase amounts for two of its index fund schemes - Bajaj Finserv Nifty 50 Index Fund and Bajaj Finserv Nifty Next 50 Index Fund. The changes significantly increase the entry barrier for new investors, with fresh purchase minimums rising ten-fold from Rs. 500 to Rs. 5,000, and additional purchase minimums increasing from Rs. 100 to Rs. 1,000. These revisions will be effective from February 02, 2026.

Key Points

  • Minimum fresh purchase (lumpsum) amount increased from Rs. 500 to Rs. 5,000
  • Additional purchase minimum raised from Rs. 100 to Rs. 1,000
  • Minimum switch-in amount increased from Rs. 500 to Rs. 5,000
  • Changes apply to Bajaj Finserv Nifty 50 Index Fund and Bajaj Finserv Nifty Next 50 Index Fund only
  • All purchases remain in multiples of Re. 1 thereafter
  • All other provisions of the Scheme Information Document (SID) and Key Information Memorandum (KIM) remain unchanged
  • Addendum forms integral part of SID and KIM

Regulatory Changes

This is an administrative change to scheme parameters rather than a regulatory mandate. The change is being implemented through Notice-cum-Addendum No. 4 of 2026 issued by Bajaj Finserv Asset Management Limited, which serves as an addendum to the existing Scheme Information Documents and Key Information Memorandums.

Compliance Requirements

  • NSE MF Invest platform members must update their systems to reflect the new minimum investment amounts
  • Investors seeking to make fresh purchases or additional investments must meet the revised minimum thresholds
  • The revised limits apply to both direct purchases and switch-in transactions
  • Distributors and intermediaries should inform prospective investors about the new minimum investment requirements

Important Dates

  • Circular Issue Date: January 30, 2026
  • Addendum Date: January 29, 2026
  • Effective Date: February 02, 2026

Impact Assessment

The impact of this change is limited and primarily affects retail investors looking to enter these two specific index fund schemes. The ten-fold increase in minimum investment amounts may reduce accessibility for small retail investors but could help the fund manage operational costs associated with numerous small-value accounts. Existing investors and SIP (Systematic Investment Plan) contributors are not mentioned as being affected. The change does not impact market operations, trading activities, or listed securities. This is a fund-level administrative decision that aligns investment minimums with fund management preferences.

Impact Justification

Administrative change affecting only new investors in two specific mutual fund schemes; does not impact existing investments or broader market operations