NJ Mutual Fund

The NJ Group's flagship company is NJII. It was established in 1994 to cater to the evolving needs of the financial services sector. A diversified corporate organisation, NJ Group primarily operates in the financial services sector. It mainly deals with the financial services sector, including the distribution of financial products, asset management, credits, insurance broking, and offshore funds.
  • Equity
  • Hybrid
  • Elss
  • Debt
Mutual Fund Schemes
NAV
5Y Returns
AUM(in Cr.)
Compare
15.22Oct 11, 2024
0%
₹1,959
15.22Oct 11, 2024
0%
₹1,959
15.22Oct 11, 2024
0%
₹1,249
15.22Oct 11, 2024
0%
₹1,249
15.52Oct 11, 2024
0%
₹1,249
15.52Oct 11, 2024
0%
₹1,249
11.50Oct 11, 2024
0%
₹348
14.16Oct 11, 2024
0%
₹3,860
14.72Oct 11, 2024
0%
₹3,860
11.67Oct 11, 2024
0%
₹348

Key Information about NJ Mutual Fund

Mutual Fund NameNJ Mutual Fund
OfficeRegistered Office Block No. 601, 3rd Floor, C Tower, Udhna Udyog Nagar Sangh Commercial Complex, Central Road No. 10, Udhna Surat - 394210
Email Idcustomercare@njmutualfund.com
Phone No.040-49763510
Fax-
Websitewww.njmutualfund.com
Set up dateInvalid date
Mutual Fund TypePvt. Sector - Indian
AMC incorporation DateApr 30, 2021
CityMumbai

Fund Managers

VS

Mr. Viral ShahFund Manager and Credit Analyst

DP

Mr. Dhaval Patel

NJ Mutual Funds Overview

NJ Mutual Fund is a proponent of “Rule-based Active Investment,” in which qualified financial experts are brought in to choose stocks, distribute assets, and determine weights using market knowledge and cutting-edge technological advancements.

It uses a data-driven approach to find the best stocks, gauge market volatility, and forecast potential profits. With this prominent investment formula, NJ Asset Management Pvt. Ltd. has successfully provided the best value to its investors and partners. The basic value of NJ Asset Management Pvt. Ltd. is giving every client value and convenience. To ensure their client’s overall financial well-being, they have continued to employ a dedicated research staff with expertise in mutual fund analysis and portfolio management.

In addition to the financial sector, NJ upholds its presence in various other sectors, including insurance, asset management, offshore fund distribution and much more. Currently, NJ group manages INR 122477 in assets.

Type of NJ Mutual Funds

NJ Asset Management Company offers three major mutual funds, including:

NJ Balanced Advantage Fund

This NJ mutual fund is suitable for investors seeking long-term capital growth. To offer higher returns, funds are invested in equity and debt securities. Investments in NJ balanced advantage funds come with higher risk factors.

NJ Overnight Fund

It is an open-ended debt scheme in which a major chunk of the accumulated funds is invested towards overnight securities. It is highly suitable for newbie investors as the associated risk is lower. Returns are associated with the offered interest rate as well as liquidity.

NJ Arbitrage Fund

It is an open-ended investment scheme in which funds are invested in arbitrage opportunities. Such investment instruments fall in the category of hybrid mutual funds.NJ Arbitrage Funds are associated with lower-risk factors as the investment is secured against market fluctuations.

How Can You Invest in NJ Mutual Funds?

You get multiple options to invest in NJ Mutual Funds. Choose the one you find most convincing. Additionally, the entire investment process is online. Thus, you can begin your investment journey from your home comfort.

  • Mutual fund investment through the official NJ Mutual Funds portal
  • NJ Mutual Funds investment through an authorised distributor 
  • Investment through a third-party platform

Moreover, don’t forget to get insights about the available types of NJ mutual funds. Get familiar with the benefits of each and make an informed investment decision.

The process to Invest in NJ Mutual Funds

Investing in NJ mutual funds is quite easy. Just be prepared with your KYC documents. Follow the depicted process to start your investment journey with NJ mutual funds:

  • Visit the official portal of NJ mutual funds. 
  • From the homepage, choose the “Invest Now” button available on the top-right of the page. 
  • You will get redirected to another page encompassing the mutual fund investment form. 
  • If you haven’t registered, click on “Sign Up” and provide your PAN details to get registered. 
  • Once registered, click “Sign In” and provide your PAN number as ID and password. 
  • Select the NJ mutual scheme you wish to invest in and provide the required details. 
  • Enter the investment amount along with the account details from which you want the investment amount to get deducted. 
  • After providing all mandatory details, agree with the terms and conditions and click “Submit”.
  • You will receive the confirmation through message and mail.

In short, we can create an account, complete your KYC, choose the NJ mutual fund, and start investing. Additionally, you get the option to track your investment.

Documents Required to Invest in NJ Mutual Funds

To avoid interruptions in your investment journey with NJ Mutual Funds, prepare the required set of documents in advance. Usually, the document set comprises ID proof and Residence Proof.

ID Proof Documents:

Aadhaar Card, PAN Card, Valid Passport and Driving License.

Residence Proof Documents:

Aadhar Card, Utility Bills (Electricity Bill and Phone Bill), and Rental/Lease Agreement.

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Frequently Asked Questions (FAQs)

Who owns NJ mutual funds?

NJ India Invest Private Limited (NJII), a flagship company of the NJ Group, owns NJ mutual funds.

Is NJ wealth SEBI registered?

Founded in 2000, Nj Wealth is a SEBI-registered company.

Is NJ Wealth a listed company?

Incorporated in 2005, Nj Wealth Management Private Ltd. is an unlisted company.

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