NJ Flexi Cap Fund is an open-ended dynamic equity scheme that invests in large-cap, mid-cap, and small-cap stocks.
The product is suitable for investors who are seeking:
- Long term capital growth.
- Investment predominantly in equity & equity related instruments.
Investment objective of NJ Flexi cap fund:
The investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity related instruments across market capitalizations.
Plans:
- Regular Plan
- Direct Plan
each plan offers the following two Options:
- Growth Option and
- Payout of Income Distribution cum capital withdrawal option (IDCW)
Risk Factor:
Face Value: 10/- Rs.
Benchmark: Nifty 500 TRI
Minimum Application Amount:
Lump sum Investment: Rs. 500/- and multiples of Rs. 1/- thereafter.
Additional Application: Rs. 500/- and multiples of Rs. 1/- thereafter.
For SIP/STP & SWP: Rs. 500/- and multiples of Rs. 1/- thereafter.
Minimum Redemption:
There will be no minimum Redemption criteria.
Transparency/ NAV Disclosure:
The AMC will calculate and disclose the first Net Asset Value within a period of 5 business days from the date of allotment. Subsequently, the AMC will calculate and disclose the NAVs on all business days.
Entry & Exit Loads:
Entry Load : Not Applicable
Exit Load: If redeemed / switch-out within 30 days of allotment, exit load will be charged @ 1%, thereafter exit load will be zero.
Transaction Charges:
- For a first time investors in a Mutual Fund, the distributor may be paid Rs.150/- as transaction charge per subscription of Rs. 10000/- and above.
- For existing investors in a Mutual Fund, the distributor may be paid Rs.100/- as transaction charge per subscription of Rs. 10000/- and above.
- In case of SIP's, the transaction charge shall be applicable only if the total commitment through SIP's amounts to Rs. 10000/- and above. In such cases, the transaction charge shall be recovered in 3-4 instalments.
Levy of Stamp Duty on Applicable Mutual Fund Transaction will be @ 0.005%.
Fund Manager:
Rishi Sharma (B.Com, PGDBA).
Minimum Target Amount: 10 Crores only.
Details of Annual Scheme Recurring Expenses under the Scheme is as follows:
- Investment Management & Advisory Fee: up to 1.85%
- Maximum total expense ratio (TER) permissible up to 2.25%
- Additional expense permissible up to 0.05%
- Additional expense for gross new inflows from specified cities up to 0.30%.
Sponsor of the fund: NJ India Invest Private Limited.
Who is NJ India Invest Private Limited?
NJ Group is a leading player in Indian Financial Services industry known for its strong distribution capabilities. Mr. Neeraj Choksi & Mr. Jignesh Desai are two first generation entrepreneurs who began the journey of “NJ” in 1994. NJ group has 95+ offices in 19+ states with the 1475 employees. The group also manage 115000+ crores AUM with 20000+ active Distributors.
List of industries where NJ group is engaged.
- NJ Wealth
- NJ PMS
- NJ Insurance
- NJ Globe Invest
- NJ Capital
- NJ India Realty
- NJ Technologies
- Refresh Wellness
- Q interior
- NJ Charitable Trust.
