NJ Mutual Fund schemes
Every live fund NJ Mutual Fund runs. Returns are for the plan each fund's page leads with, Direct where the fund has one; 3 and 5 year returns are a year, compounded.
- Assets managedAssets managed. The average money in the house's funds over the quarter, added up across its funds. Money its own funds of funds hold in its other funds is counted once.
- ₹7,375 CrAverage, quarter to Sep 2026
- Live funds
- 7
- Fund managers
- 3
Equity funds
4 funds
- NJ Flexi Cap FundFlexi CapNAV₹12.97001Y−6.08%3Y+8.87%5Y–Size₹2,660 CrCost0.84%
- NJ ELSS Tax Saver FundELSSNAV₹13.83001Y−7.06%3Y+8.22%5Y–Size₹344 CrCost0.77%
- NJ Momentum FundSectoral / ThematicNAV₹9.60001Y–3Y–5Y–Size₹230 CrCost1.72%
- NJ Value FundValueNAV₹9.11001Y–3Y–5Y–Size₹136 CrCost1.60%
Hybrid funds
2 funds
- NJ Balanced Advantage FundDynamic Asset Allocation or Balanced AdvantageNAV₹14.13001Y−1.53%3Y+7.66%5Y–Size₹3,375 CrCost1.10%
- NJ Arbitrage FundArbitrageNAV₹13.25131Y+6.46%3Y+6.81%5Y–Size₹255 CrCost1.05%
Debt funds
1 fund
- NJ Overnight FundOvernightNAV₹1,284.00211Y+5.20%3Y+5.94%5Y–Size₹376 CrCost0.08%
NJ Mutual Fund fund managers
Managers running its funds now, largest first by the money in their funds.
| Money in their funds. The latest month's assets of every fund they run now, added up. A fund run by two managers counts in full for each. | Running funds here since. The earliest start date the fund house files for them on any of its funds. | ||
|---|---|---|---|
| Viral Shah | 6 | ₹4,767 Cr | 20 Oct 2022 |
| Dhaval Patel | 4 | ₹3,464 Cr | 8 Mar 2023 |
| Jaimin Ilavia | 2 | ₹561 Cr | 11 Jun 2026 |
NJ Mutual Fund investor complaints
Sep 2026, as the fund house reports them.
- Received
- 3
- Resolved
- 3
- Open at month endOpen at month end. Complaints not yet resolved on the month's last day, as the fund house states them, including any carried from earlier months.
- 0
NJ Mutual Fund votes at company meetings
Quarter to Sep 2026, as its funds voted at the companies they hold.
- Company meetings
- 162
- Resolutions voted onResolutions voted on. Each resolution put to shareholders at those meetings on which the house's funds voted, counted once however many of its funds voted.
- 986
- Voted againstVoted against. Resolutions on which at least one of the house's funds voted against.
- 81
- AbstainedAbstained. Resolutions on which at least one of the house's funds abstained.
- 0
NJ Mutual Fund documents
- FactsheetSep 2026
- Statement of additional informationOct 2026
- Annual reportYear to Mar 2026
About NJ Mutual Fund schemes
NJ Mutual Fund is the mutual fund of NJ India Invest Private Limited, a mutual fund distributor that set up its own fund house. Its schemes are run by NJ Asset Management Private Limited and overseen by NJ Trustee Private Limited, and cover equity, hybrid and debt schemes.
Sponsor, trustee and AMC
NJ India Invest Private Limited is the sponsor, the company that set up the fund as a trust. NJ Trustee Private Limited is the trustee company, which holds the investors' assets and oversees the fund. NJ Asset Management Private Limited is the asset management company (AMC) that makes the investment decisions.
The mutual fund was constituted as a trust on 11 Nov 2020 and registered with SEBI on 30 Apr 2021. Its first scheme, NJ Balanced Advantage Fund, opened for subscription on 8 Oct 2021. The AMC was incorporated on 21 Oct 2005. The sponsor is also a mutual fund distributor, a business that sells fund houses' schemes to investors.
Schemes it runs
The equity schemes are NJ Flexi Cap Fund, NJ Value Fund, NJ Momentum Fund and NJ ELSS Tax Saver Fund. The hybrid schemes are NJ Balanced Advantage Fund and NJ Arbitrage Fund, and the debt scheme is NJ Overnight Fund. Each category links to its own page.
How returns and size are shown
Each scheme row shows its NAV, the price of one unit, and returns over the periods the scheme has existed for. Returns beyond one year are a yearly compounded rate, not the total over the period. A scheme younger than a period shows a dash for it.
The assets managed figure is the average over the latest quarter, summed across the house's funds. Where one fund holds units of another fund of the same house, that money is counted once.
Fund managers, complaints and votes
The manager table lists each person who runs a scheme, with the number of funds and the date they began managing one. The page also shows investor complaints received, resolved and still open at the end of the latest month, and how the house's funds voted at investee companies' meetings in the latest quarter.