Nj india mutual fund?
Total Asset under Management (AUM) of Nj AMC is ₹5K Cr which is 0.1% of the total AUM managed by 58 other amcs in India. It's AUM rank is 34/43. Total number of schemes are 5 out of which 2 are Equity, 1 are Debt and 2 are hybrid. It's 5 schemes are managed by 3 fund managers.
Total Asset under Management (AUM) of Nj AMC is ₹5K Cr which is 0.1% of the total AUM managed by 58 other amcs in India. It's AUM rank is 34/43. Total number of schemes are 5 out of which 2 are Equity, 1 are Debt and 2 are hybrid. It's 5 schemes are managed by 3 fund managers.
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.
NJ is an acronym for Mr. Niraj Choksi & Mr. Jignesh Desai, two first generation entrepreneurs who began the journey of 'NJ' in 1994 with the establishment of NJII, to cater to growing investor needs in the evolving financial services industry.
Neeraj Choksi & Mr. Jignesh Desai (R) are two first generation entrepreneurs who began the journey of 'NJ' in 1994. The promoters of the NJ Group were friends since their college years and the bond between Mr.
One of India's most credible names in the financial services and wealth management sector is NJ Asset Management Private Limited. This Indian AMC belongs to the pioneering finance management company, NJ India Invest Pvt.
| S.No. | Mutual Fund House |
|---|---|
| 1. | SBI Mutual Fund |
| 2. | ICICI Prudential Mutual Fund |
| 3. | HDFC Mutual Fund |
| 4. | Aditya Birla Sun Life Mutual Fund |
follow us on. SEBI Registration No.: INZ000213137 (Member of NSE-13605, BSE- 3291 & ICEX-2082), SEBI Registration No.: IN-DP-14-2015, CDSL DPID- 64200, NSDL DPID-IN304262, ICCL CMID Code : 3291, NCL CMID Code : M51718 | AMFI No : ARN 0155 | PFRDA POP 15092018.
NJ Wealth offers many attractive services and offers to its customers; here are a few of them. They offer flexible brokerage plans to their customers. They provide NPS to their customers if they want it. Loans against securities like mutual funds and stocks can also be availed of.
- Bandhan Flexi Cap Fund-Direct Plan-Growth. ...
- SBI Flexicap Fund Direct Growth. ...
- Kotak Flexicap Fund Direct Growth. ...
- Canara Robeco Flexi Cap Fund Direct Plan Growth Option. ...
- Sundaram Flexi Cap Fund Direct Growth. ...
- Axis Flexi Cap Fund Direct Growth. ...
- PGIM India Flexi Cap Fund Direct Growth.
What is the net worth of NJ mutual fund?
NJ mutual fund manages assets worth INR 1,31,752 crores (as on August 2022) and was set up in the year 1994. Its current offering of mutual fund schemes includes 2 equity funds and 1 debt fund. NJ is an acronym for Mr Niraj Choksi & Mr Jignesh Desai, two first-generation entrepreneurs who began their journey in 1994.
Nj Indiainvest Private Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2023.
The fund currently has an Asset Under Management(AUM) of ₹5,261 Cr and the Latest NAV as of 25 Jan 2024 is ₹12.44. The NJ Flexi Cap Fund Direct Growth is rated Very High risk.
In the mutual fund industry, the revenue is the asset under management (AUM) the MF distributor gets. NJ Wealth offers a 0.6% to 1.05% commission on the AUM. So, this means if you have, say, 100 clients and the total asset under management of all the clients under you is Rs. 2 crores.
NJ Group. NJ Wealth is part of the NJ Group, a leading name in the Indian financial services industry. Started in 1994, NJ Group today has presence in multiple businesses including asset management, insurance broking, offshore funds and consumer lending in the financial services space.
NJ Indiainvest Private Limited is majorly in Finance business from last 24 years and currently, company operations are active. Current board members & directors are NIRAJ RAVINDRA CHOKSI, JIGNESH RAMESHCHANDRA DESAI, MISBAH YOUSUF BAXAMUSA and CHANDRA MOULI DIXIT .
All investments carry some degree of risk and can lose value if the overall market declines or, in the case of individual stocks, the company folds. Still, mutual funds are generally considered safer than stocks because they are inherently diversified, which helps mitigate the risk and volatility in your portfolio.
Mutual funds are largely a safe investment, seen as being a good way for investors to diversify with minimal risk. But there are circ*mstances in which a mutual fund is not a good choice for a market participant, especially when it comes to fees.
After logging in, you can select the "Stop SIP" option. To withdraw money from a NJ mutual fund, you can visit the nearest NJ mutual fund office and submit a form. Alternatively, you can visit the AMC website and redeem your investment by logging in with your sheet number.
- Quant Multi Asset Fund. ...
- ICICI Prudential Equity & Debt Fund. ...
- ICICI Prudential Multi Asset Fund. ...
- Edelweiss Aggressive Hybrid Fund. ...
- Baroda BNP Paribas Aggressive Hybrid Fund. ...
- Canara Robeco Equity Hybrid Fund. ...
- Mirae Asset Aggressive Hybrid Fund.
What is 5 star mutual fund?
The rating ranges from one to five stars of which one star denotes the lowest performer whereas the five-star rating is for the best performer. There are various entities which are actively working on this job such as CRISIL, Morningstar, Value Research, ICRA, etc.
It drives them to build an inclusive community of smart investors and professional distributors from across the globe. As of 30th November 2023, NJ Wealth holds Rs. 1,71,965 Crore AUM and serves 28,75,369 happy investors via 33,899 active mutual fund distributors acting as their Wealth Partners.
A monthly SIP can be started with as little as Rs. 500 every month with no upper limit with the option of investing in a wide choice of mutual fund schemes - both equity and debt in nature. It is a recommended investment option suitable for every investor.
Increments and bonuses can also be invested to increase the SIP amount and make the most of your growing income. This approach allows the power of compounding to work its magic on a larger invested sum, leading to the realisation of higher future returns.
Is Zerodha better than Nj Wealth ? Nj Wealth is a full service broker, while Zerodha is a discount broker. A discount broker generally charges a flat brokerage for trades. A full service broker generally charges more than a discount broker but provides more research and advisory services.
