NJ Asset Management Private Limited

NJ Asset Management Private Limited

NJ Mutual Fund India Invest is a leading mutual fund distributor in India, receiving SEBI approval to launch its mutual fund operations in April 2021. It is part of the NJ Group, which is known for its professionally managed, quality-driven, and customer-focused approach to investment management. The NJ Group prioritizes internal processes and technology enhancements to provide convenience and value to clients. The group's Portfolio Management Service (PMS) was established in 2010, aimed at offering sophisticated clients data-driven and rule-based investment strategies. With the launch of its mutual fund, NJ India aims to offer unique and carefully designed solutions to meet the diverse risk-return needs of investors.

List of NJ Asset Management Private Limited in India

Fund Name

Rating

1Y Return

3Y Return

Fund Size (in Cr)

NJ Balanced Advantage Fund Direct Growth

3

11.01%

11.63%

₹3988.46 Cr

NJ ELSS Tax Saver Scheme Direct Growth

NA

15.42%

-

₹250.67 Cr

NJ Flexi Cap Fund Direct Growth

NA

14.84%

-

₹1966.51 Cr

NJ Arbitrage Fund Direct Growth

NA

7.62%

-

₹330.12 Cr

NJ Overnight Fund Direct Growth

NA

6.64%

-

₹210.75 Cr

Key information about nj mutual funds

Mutual fund name

NJ Mutual Fund

Asset Management Company Name

NJ Asset Management Private Limited

AMC Setup Date

30-Apr-2021

AMC Incorporation Date

21-Oct-2005

Sponsor Name

NJ INDIA INVEST PRIVATE LIMITED

Trustee Organisation

NJ Trustee Private Limited

CIO

Mr. Bijon Pani

MD & CEO

Mr. Vineet Nayyar

Compliance Officer

Punam Upadhyay

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How can you invest in nj mutual funds Mutual Funds

To invest in nj mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:


Step 1 : Download the Lemonn App

If you haven't already, download the Lemonn App from the Google Play Store or Apple App Store.


Step 2 : Sign up / Log in

Sign up by providing your phone number and completing the basic registration process.

If you already have an account, simply log in.


Step 3 : Complete KYC

Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.


Step 4 : Search for nj mutual funds Mutual Funds

Once your KYC is done, search for the nj mutual funds Mutual Fund schemes you're interested in by using the search bar.


Step 5 : Choose a Scheme

You will see a list of various funds under nj mutual funds. Explore the options, check their performance, risk profile, and investment objectives.

Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).


Step 6 : Decide on the Investment Amount

You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.


Step 7 : Confirm the Investment

Enter the amount you wish to invest.

Review the details and confirm the payment method (Net Banking, UPI, etc.).

After making the payment, you will receive a confirmation of your investment.


Step 8 : Track Your Investment

You can track the performance of your nj mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.


If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!

Top Fund Managers

Mr. Rishi Sharma
Rishi has over 14 years of experience in quantitative research and investments. Before joining NJ Mutual Funds, he led an investment consulting firm specializing in the full cycle of investment and trading product development, from conceptualization to backtesting and implementation. Previously, he served as Assistant Vice President at IIFL Capital, managing systematic trading on a proprietary desk. Earlier, he worked as a quantitative analyst for Suyash Advisers, the Indian advisors to Monsoon Capital, where he developed quantitative portfolios. Among the mutual funds managed by Mr. Rishi Sharma are the NJ Balanced Advantage Fund (G) and NJ Balanced Advantage Fund (IDCW).

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FAQs

1.Should I invest in a NJ Mutual fund scheme?

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Whether you should invest in NJ Mutual Funds or not depends on your goals. In addition to assessing their returns over several timelines, evaluate the schemes based on risk, volatility, returns, the fund manager’s experience, and your own return expectations and risk tolerance.

2.How to Start a NJ Mutual Fund SIP online?

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There are two ways to start a NJ Mutual Fund SIP. For a hassle-free investing experience, you can invest in NJ Mutual Fund SIP online through the Lemonn App. Alternatively, you can start investing in NJ Mutual Fund SIP online through NJ Mutual Fund AMC official website.

3.How to redeem NJ Mutual funds Online?

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There are two ways of doing this. You can initiate your redemption request by Lemonn App. Alternatively, you can also redeem your investments by visiting the NJ Mutual Fund AMC website.

4.How much time does it take to redeem the NJ Mutual funds?

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The proceeds of equity, debt, and conservative hybrid funds are generally transferred to your registered bank account within 2-4 working days of the withdrawal initiation. Redemption of liquid funds takes 1-2 working days.

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