Old‍‌‍‍‌‍‌‍‍‌ Bridge AMC Gets SEBI Nod to Launch Flexi Cap Fund NFO

Mumbai, 18 November 2025: SEBI gave a green signal to Old Bridge Asset Management Company to launch the Old Bridge Flexi Cap Fund. The scheme NFO will be hitting the market shortly. The fund will be an open-ended dynamic equity scheme that will invest across: large-cap, mid-cap, and small-cap stocks. The primary objective would be to generate long-term capital appreciation.

The fund will be available for subscription at ₹10 per unit during the NFO and regular subscription/redemption will be allowed within five business days from the date of allotment. The scheme proposes to collect a minimum of ₹10 crore through its NFO and will follow a fundamentals-driven ‍‌‍‍‌‍‌‍‍‌ approach.

Scheme Structure and Investment Strategy

This‍‌‍‍‌‍‌‍‍‌ fund intends to be a flexible equity strategy that varies its allocations depending on the market context. The fund will keep its equity exposure between 65 and 100 percent, and the rest of the money can be invested in debt tools, money market securities, REITs, InvITs, and foreign securities within the prescribed limits. The core of the investment framework is based on following the philosophy of choosing those businesses that are of good quality, have strong financials, and picking stocks with discipline. The fund will be benchmarked against the BSE 500 Total Return Index, and it will be managed by Kenneth Joseph Andrade, a senior with more than thirty years of experience in the Indian capital ‍‌‍‍‌‍‌‍‍‌markets.

Liquidity, Operations and Investor Facilities

As it is an open-ended scheme, the purchase and redemption of units can be done on any working day at prices related to the NAV. The NAVs will be available daily on the AMC website and the AMFI platform before 11:00 p.m. The redemption proceeds shall be provided within three business days, and the IDCW payments shall be made within seven business days from the record date. Investors can also conduct their transactions through the website of the AMC, MF Central, MFU, RTAs, stock exchange MF platforms, and authorised service centres, and they can hold the units in physical or demat form. Besides the SIP, there are also such services as STP, SWP, online transactions, SIP pause, and top-up, which will be there too.

Risk Profile, Charges and Management Oversight

Since the most significant part of the fund is in equities, the scheme is of a very high risk category. The risks that could be faced, apart from the ones mentioned, are market volatility, concentration, liquidity risks, derivative exposures, and risks related to investments in foreign securities. The scheme doesn’t charge any entry load, while an exit load within 365 days is 1%, and for other redemptions, it is nil. Whereas the total expense ratio of the Regular Plan will be up to 2.25 percent, and the Direct Plan will have a lower-cost structure. Kenneth Joseph Andrade will also be the fund manager of this new scheme, along with managing the Old Bridge Arbitrage Fund, and will co-manage the Old Bridge Focused Fund.

Overview of Strategic Positioning and Fund House

With an approval from SEBI in place, Old Bridge AMC aims to add a flexible, broad-market product for long-term wealth creation to its equity portfolio. It is one way through market cycles that the Flexi Cap mandate allows, by being disciplined in risk and stock selection. Old Bridge Mutual Fund, managed by Old Bridge Asset Management Private Limited, is a Mumbai-based company whose main feature is a metal-oriented investment philosophy. The Flexi Cap Fund is a new and exciting chapter for the AMC since it is one of the most diverse and highly competitive categories of the equity mutual fund ‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌industry.

REF: https://www.sebi.gov.in/sebi_data/attachdocs/nov-2025/1763372767700.pdf

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