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NJ Mutual Funds

NJ Mutual Fund India Invest is a major mutual fund distributor in India. SEBI awarded the company permission to launch a mutual fund in April 2021. The NJ Group includes NJ India. The NJ Group is noted for its investment management approach that is professionally managed, quality-focused, and customer-centric. To ensure convenience and value for clients, the NJ Group focuses on internal processes and technology upgrades.

This group's portfolio management service (PMS) was founded in 2010 with the goal of introducing data-driven and rule-based investment methods to sophisticated clients.

NJ AMC has set some of these marks in recent times in the capital market:

  • NJ PMS, which is part of the NJ mutual fund company, now manages assets worth over Rs. 2,200 crore. 
  • With its experience as one of the country's largest portfolio managers, the NJ AMC believes the moment is perfect to use its investment philosophy to assist retail investors across the country with the introduction of its mutual fund.

NJ India mutual fund hopes to deliver solutions that are differentiated and carefully developed to fulfill varied risk-return demands of investors with the debut of its mutual fund.

List of NJ Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
NJ Overnight Fund
DebtLow6.8%2₹175
NJ Balanced Advantage Fund
HybridVery High33.1%--₹3,978
NJ ELSS Tax Saver Scheme Fund
EquityVery High51.6%--₹216
NJ Arbitrage Fund
HybridLow8.0%--₹386
NJ Flexi Cap Fund
EquityVery HighNA--₹1,424
View All

Key information about NJ Asset Management Private Limited

Mutual fund nameNJ Mutual Fund
Asset management company nameNJ Asset Management Private Limited
AMC Setup Date30 Apr 2021
AMC Incorporation DateOctober 21, 2005
Sponsor nameNJ India Invest Private Limited
Trustee organisationNJ Trustee Private Limited
CIOMr. Bijon Pani
MD and CEOMr. Rajiv Shastri
Compliance OfficerMs. Punam Upadhyay
Investor Service OfficerMr. Vineet Nayyar

Why invest with Groww?

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How to Invest in NJ Mutual Funds

Exposure to diverse shares of fixed income tools is the primary benefit of investing in mutual funds. There are numerous methods to invest in NJ Mutual Fund, including

  1. Offline Method - It is the traditional technique of investing in a mutual fund that enlists the assistance of sub-brokers, agents, and advisors to assist the investor in selecting the appropriate plan. The NJ Mutual Funds portfolio could be built using an offline mutual fund application form.

The prerequisites for investing in a mutual fund scheme are as follows:

- A bank account in your name with MICR and IFSC information is required.

- PAN Card

- KYC Compliance

  1. Online Method - Most mutual fund firms allow you to invest in mutual funds online. You have the option of investing via Whiteoak Capital Mutual Funds' official portal and application. All you have to do now is follow the steps outlined below:

- KYC documents may be utilized to finish the pro

- The information submitted will be examined and validated.

- After that, you can place orders and purchase funds.

However, you can also invest in NJ Mutual Funds online through Groww.

Top Fund Managers

Mr. Rishi Sharma

Rishi has over 14 years of quantitative research and investment experience. Prior to joining NJ Mutual Funds, he ran an investment consulting firm with expertise in developing new investment and trading products through their entire life cycle, including conceptualization, backtesting, and actual implementation. He was previously the Assistant Vice President at IIFL Capital, where he oversaw and managed systematic trading on a proprietary desk. Prior to joining IIFL, Rishi worked as a quantitative analyst for Suyash Advisers, Monsoon Capital's India advisors, where he was in charge of developing quantitative portfolios.

Some of the mutual funds managed by Mr. Rishi Sharma are the NJ Balanced Advantage Fund (G) and NJ Balanced Advantage Fund (IDCW).

Let's have a closer look

Now let us jump and check about these top 5 mutual fund schemes.

NJ Overnight Fund Direct Growth

Fund Performance: The NJ Overnight Fund comes under the Debt category of NJ Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for NJ Overnight Fund is ₹5,000 and for SIP, it is ₹100.

Min Investment Amt₹5,000
AUM₹175Cr
1Y Returns6.8%

NJ Balanced Advantage Fund Direct Growth

Fund Performance: The NJ Balanced Advantage Fund comes under the Hybrid category of NJ Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for NJ Balanced Advantage Fund is ₹500 and for SIP, it is ₹100.

Min Investment Amt₹500
AUM₹3,978Cr
1Y Returns33.1%

NJ ELSS Tax Saver Scheme Direct Growth

Fund Performance: The NJ ELSS Tax Saver Scheme Fund comes under the Equity category of NJ Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for NJ ELSS Tax Saver Scheme Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹216Cr
1Y Returns51.6%

NJ Arbitrage Fund Direct Growth

Fund Performance: The NJ Arbitrage Fund comes under the Hybrid category of NJ Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for NJ Arbitrage Fund is ₹5,000 and for SIP, it is ₹100.

Min Investment Amt₹5,000
AUM₹386Cr
1Y Returns8.0%

NJ Flexi Cap Fund Direct Growth

Fund Performance: The NJ Flexi Cap Fund comes under the Equity category of NJ Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for NJ Flexi Cap Fund is ₹500 and for SIP, it is ₹100.

Min Investment Amt₹500
AUM₹1,424Cr
1Y ReturnsNA

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