‘NJ Flexi Cap Fund’, an open-ended equity scheme that will invest across large cap, mid cap, small cap stocks. The NFO will be open for subscription from August 15th, 2023 and will end on August 29th, 2023. Within five Business Days following the date of allotment, the Schemes will reopen for continuous sale and repurchase. Subscriptions can be made starting at Rs. 500 and in multiples of Rs. 1/-. Both a Regular Plan and a Direct Plan are available.
About NJ Mutual Fund
NJ Asset Management Private Limited is a reputable player in India’s financial services and wealth management sector, operating under NJ India Invest Pvt. Ltd. Established in 1994, NJ India Invest was a pioneer in finance management, evolving to address the changing financial landscape.
Under the NJ group, led by Mr. Niraj Choksi and Mr. Jignesh Desai, the business extends beyond product distribution to include loans, insurance, asset management, and offshore fund distribution. NJ Mutual Fund, a part of this group, manages mutual fund assets of Rs. 1,22,477 crore as of January 31, 2022.
NJ Mutual Fund employs “Rule-based Active Investment,” uniting financial expertise and technology to select stocks, allocate assets, and predict returns. This data-driven approach reduces bias and benefits both investors and partners.Their specialized research team ensures value and convenience for clients through portfolio management and mutual fund analysis, adhering to SEBI regulations.
NJ Flexi Cap Fund – NFO Detail
| Type of Offer | NFO (New Fund Offer) |
| Fund House | NJ Mutual Fund |
| Name of the Fund | NJ Flexi Cap Fund |
| Type of Scheme | Open-ended |
| Category of Scheme | Equity |
| NFO Starts | 15-August-2023 |
| NFO Ends | 29-August-2023 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs. 500 |
| Plans | Regular, Direct |
| Options | Growth, IDCW |
| Entry Load | Not Applicable |
| Exit Load | 1% |
| Investment Manager | NJ Asset Management Private Limited |
| Fund Manager | Mr. Dhaval Patel |
NJ Flexi Cap Fund NFO – Scheme Objective
The investment objective of the Scheme is to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations.
NJ Flexi Cap Fund NFO – Who Can Invest?
This product is suitable for investors who are seeking*:
- Long term capital appreciation.
- Investment in equity and equity related securities of companies.
How Will the Scheme Allocate Its Asset
- 80-100% in Equity and Equity related Instruments.
- 0-20% in Specified Debt Securities,units of mutual funds, cash and cash equivalents.
Where Will the Scheme Invest?
The scheme will predominantly invest in equity and equity related securities. The Scheme may also invest a certain proportion of its corpus in debt and money market securities of India. The fund may invest in:
- Equity and equity related securities including preference shares and warrants.
- Equity Related Instruments,being securities which give the holder of the security right to receive Equity Shares on preagreed terms. It includes convertible/optionally convertible/compulsorily convertible preference shares,share warrants and other security which has equity component embedded in it .
- Equity Derivatives, which are financial instruments, generally traded on the stock exchange,the price of which is directly dependent upon(i.e.,“derived from”) the value of equity shares or equity indices. Derivatives involve the trading of rights or obligations based on the underlying, but do not directly transfer property.
- TREPS, Repo, Treasury bills, cash and cash equivalents.
- Government Securities Issued By(central and state governments)and other securities issued by RBI from time to time.
- Units of Mutual funds including ETFs as may be permitted by SEBI regulation.
- Fixed Deposit as permitted under SEBI Regulations From time to time.
- Any other instruments may be permitted byRBI /SEBI /such other Regulatory Authority(ies) from time to time.
NJ Flexi Cap Fund NFO – SID (Scheme Information Document)
Please click here to read the SID (Scheme Information Document) of this NFO scheme.
How to Invest?
Visit this page on the AMC website for further detail and investment.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
