NJ Asset Management Private Limited is a highly reputable entity in India's financial services and wealth management sector. It is part of NJ India Invest Pvt. Ltd., a pioneering finance management company established in 1994 to address the evolving needs of the financial services industry at that time.
Today, the NJ group, founded by Mr. Niraj Choksi and Mr. Jignesh Desai, operates a diverse range of businesses. These include not only the distribution of financial products and services but also offerings in loans and credit, insurance, asset management, and offshore funds distribution. In the realm of mutual funds, NJ Mutual Fund manages assets worth over Rs. 1,22,477 crore as of January 31, 2022.
Investing in mutual fund schemes of NJ Asset Management Limited can be done easily through the INDmoney mobile app. Here is a step-by-step guide on how to do so.
Step 1: Open an INDmoney account
First, download the INDmoney mobile app from the Google Play Store or Apple App Store. Once done, open the app and set up your account by providing some personal details.
Step 2: Complete your KYC
Login using your registered credentials and undergo the KYC verification process. For this, you need to upload your PAN card, Aadhaar card, voter ID card and driving licence.
Step 3: Link your bank account
Look for the option to link your bank account on the app. You need to enter all the bank account details to complete the linking process.
Step 4: Select a mutual fund
Explore the various types of mutual funds available on INDmoney. Use the app’s advanced features to choose a mutual fund that aligns with your investment preferences.
Step 5: Select your payment mode
Choose a suitable payment method for investing in NJ mutual funds from the two available options, SIP or lump sum. Make the payment to start investing. Once you go through all the above-mentioned steps, you will receive units of the fund in your INDmoney account within 3-4 working days. INDmoney ensures a cost-effective investment experience for all individuals by charging zero transaction fees. Import your existing mutual fund investments and check their analytics for free on our app.
You can invest in Nj AMC Ltd in a few simple steps through INDmoney by clicking on the Nj AMC page and select the most suitable funds from there. You can benefit from in-depth insights that we provide or you can also invest in Nj AMC Ltd directly by visiting the official website as well.
While calculating the NJ Mutual Fund SIP amount, you need to keep the tenure of the SIP and the expected rate of return into consideration.
The Nj Mutual Fund allows its investors to be able to pause their SIPs for a maximum tenure of 3 months. In case if you have directly invested in the funds, you need to also fill out the SIP pause form online on the host website and also specify the intended time- period you wish to pause your SIPs. On the expiry of the time period, the SIP shall continue automatically
Yes, you can increase your SIP amount in an NJ mutual fund if you have opted for the step-up SIP option. You can adjust your SIP amount according to your financial standing and preference by navigating the INDmoney mobile app.
You can directly withdraw the amount invested in any scheme of Nj Investment Managers (India) Private Limited Limited through the INDmoney app by visiting the scheme's page and clicking on the Redeem button. After submitting the request, the amount will be credited to your bank account within a few days. If you prefer the offline mode, you would have to visit the nearest branch and submit the redemption form. You can also redeem your investment by going to the official website of the Nj Investment Managers (India) Private Limited Limited and signing in with the folio number.
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