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FAQs
Is NJ Wealth good for mutual funds? ›
NJ Wealth has played a pivotal role in the growth of mutual funds in India. NJ Wealth has emerged as a trusted brand for a variety of investors - including first-time investors well as ultra-high net worth individuals. The platform has always stayed ahead of the curve.
What is the NAV of NJ Balanced Advantage Fund today? ›The NAV of NJ Balanced Advantage Fund - Regular Plan is ₹14.5400 as of 15-Sep-2024.
How safe is NJ investment? ›NJ Mutual Fund and the investment schemes it offers are regulated by SEBI (Securities and Exchange Board of India), and therefore structurally robust. But don't mistake it for a guarantee of returns.
What is a good NAV for a mutual fund? ›No specific value can be considered a good net asset value for mutual funds, depending on the investment objective, fund category, and investment strategy. Generally, a good NAV is consistent with the investment objectives and aligns with the investor's risk tolerance, investment horizon, and financial goals.
Who owns the NJ mutual fund? ›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.
What is the net worth of NJ mutual fund? ›NJ Mutual Fund Details
| Name | NJ Mutual Fund |
|---|---|
| AUM | ₹ 6861.83803294 Crores |
| Founded | 2021-04-20 |
| Incorporation Date | - |
| Sponsor | NJ India Invest Private Limited |
List of NJ Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| NJ Overnight Fund | Debt | 6.7% |
| NJ Balanced Advantage Fund | Hybrid | 33.2% |
| NJ Arbitrage Fund | Hybrid | 7.9% |
| NJ ELSS Tax Saver Scheme Fund | Equity | 47.6% |
Any mutual fund scheme that invests in stocks can't be considered as safe. It also cannot avoid volatility and losses totally. So, invest in balanced advantage funds only if you can tolerate the risk of investing in stocks. Also, invest only if you have an investment horizon of at least five years.
Where is the safest place to invest $100,000? ›“If you need [access to] the money within the next five years, then anything stock market–related should not be touched,” explains Sather. You should only look at savings accounts and guaranteed investment certificates (GICs), which are low-risk investments with terms of a few months to a few years.
What is the safest investment to put your money in? ›7 low-risk investment options
- High-yield savings accounts. High-yield savings accounts are essentially just savings accounts that pay above-average interest rates. ...
- Certificates of deposit (CDs) ...
- Series I savings bonds. ...
- Treasuries. ...
- Money market funds. ...
- Dividend-paying stocks. ...
- Preferred stocks. ...
- Risk tolerance.
Sep 3, 2024
Which company is NJ Wealth under? ›
NJ Wealth is part of the NJ Group, a leading name in the Indian financial services industry.
Should I buy when the NAV is high or low? ›Dispelling Common NAV Myths
It might indicate that the fund has been operating for a longer period of time or that the fund has previously performed well. However, it has no bearing on how the fund will perform in the future. Similarly, some investors feel that investing in a fund with a lower NAV is the best option.
The top NAVs are from Nippon India Growth Fund (at Rs 3430.940 direct plan, Rs 3,166.006 regular), HDFC Flexi Cap Fund (Rs 1715.957 direct, Rs 1583.405 regular), Franklin India Flexi Cap Fund (Rs 1511.705 direct, Rs 1371.972 regular), Franklin India ELSS Tax Saver Fund (Rs 1370.712 direct, Rs 1242.276 regular), HDFC ...
Does NAV affect returns? ›The NAV does not have any impact on your returns. For example, a high or low NAV does not make your returns higher or lower. If you study the growth or degrowth in NAV for any fund, it tells you the fund's growth pattern and helps you make better decisions.
Is NJ a good state to invest in real estate? ›They have affordable property rates, a strong rental market, and opportunities for commercial real estate ventures. Opportunities in New Jersey aren't merely restricted to residential rentals. The state has many opportunities for real estate investors, with a variety of commercial and mixed-use properties available.
What is the commission of NJ Wealth mutual fund? ›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.
What is the expense ratio of NJ Wealth mutual fund? ›The fund has an expense ratio of 0.60%. Investors can start investing in NJ Balanced Advantage Fund with a minimum amount of ₹500.