Chennai: Bajaj Finserv Asset Management has launched a new fund scheme called ‘Balanced Advantage Fund’.
About the project, the company said, “This project will be based on behavioral science and financial intelligence approach. Accordingly, the project will analyze not only the market trends of the companies but also their behavioral aspects to determine the allocation of funds. Thus, investors can get better returns in the long term,” it said.
The chief executive officer of the company Mr. Ganesh Mohan said, “This program incorporates both behavioral science and financial intelligence to help us make our investment decisions. Thus, this scheme will be very beneficial for the investors. In the future, more programs based on behavioral science will be introduced,” he said.
The investment for this project will start today and will be completed on December 8.