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.
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
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
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!
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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SBI Funds Management Ltd
ITI Asset Management Limited
IDBI Asset Management Limited
IDFC Asset Management Company Limited
Bandhan Asset Management Company Limited
Groww Asset Management Ltd.
Kotak Mahindra Asset Management Co Ltd
HSBC Asset Management(India)Private Ltd
Mahindra Manulife Investment Management Pvt. Ltd.
Zerodha Asset Management Private Limited
Helios Capital Asset Management (India) Private Limited
Sundaram Asset Management Company Ltd
Aditya Birla Sun Life AMC Ltd
Shriram Asset Management Co Ltd
360 ONE Asset Management Limited
Invesco Asset Management (India) Private Ltd
Samco Asset Management Pvt Ltd
Union Asset Management Co. Pvt. Ltd.
Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Tata Asset Management Limited
Bajaj Finserv Asset Management Limited
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Motilal Oswal Asset Management Co. Ltd
Quantum Asset Management Co Pvt. Ltd.
PGIM India Asset Management Private Limited
DSP Investment Managers Private Limited
Canara Robeco Asset Management Co. Ltd.
Taurus Asset Management Company Limited
Nippon Life India Asset Management Ltd
Quant Money Managers Limited
Navi AMC Limited
PPFAS Asset Management Pvt. Ltd
Indiabulls Asset Management Company Ltd.
Mirae Asset Investment Managers (India) Private Limited
HDFC Asset Management Company Limited
IIFL Asset Management Limited
ICICI Prudential Asset Management Company Limited
Old Bridge Asset Management Private Limited
Trust Asset Management Private Limited
Bank of India Investment Managers Private Limited
JM Financial Asset Management Limited
Edelweiss Asset Management Limited
Axis Asset Management Company Limited
UTI Asset Management Co Ltd
WhiteOak Capital Asset Management Limited
LIC Mutual Fund Asset Management Limited
SBI Funds Management Ltd
1.Should I invest in a NJ Mutual fund scheme?
2.How to Start a NJ Mutual Fund SIP online?
3.How to redeem NJ Mutual funds Online?
4.How much time does it take to redeem the NJ Mutual funds?
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