3 Year return

0
Launched on July 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

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Your Investment ₹3,00,000
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  • Total Value

Risk Involved

Low Risk

Your principal will be at

Low Risk

Scheme Information

Asset Under Management

₹386.55 Cr.

Expense Ratio

0.29% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

NJ Mutual Fund Managers

RS

Rishi Sharma

Fund Manager since Jul 2022

View Details

Fund House Details

NJ Mutual Fund

NJ Mutual Fund Asset management company

AUM ₹5,894.62 Cr.
No. of Schemes 8
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by NJ Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
0%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

NJ Balanced Advantage Fund Direct Plan Growth

0%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

NJ Balanced Advantage Fund Direct Plan IDCW Payout Payout

0%

Key Features of The Fund

5-year return NA
Expense Ratio 0.29%
Fund Manager Rishi Sharma
Fund Size ₹386.55 Cr
Risk Profile Low

AMC Contact Details

Name NJ Mutual Fund
Launch Date 29th October 2021
Addresss Block No. 601, 3rd Floor, C Tower, Udhna Udyog Nagar Sangh Commercial Complex, Central Road No. 10, Udhna, Surat-394210, Gujarat.
Contact 1860 500 2888 , 040-49763510
Email customercare@njmutualfund.com
Website https://www.njmutualfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of NJ Arbitrage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of NJ Arbitrage Fund Jul 16 2024 is 11.4868

What is the AUM of NJ Arbitrage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of NJ Arbitrage Fund is 386.55 crore.

What is the expense ratio of NJ Arbitrage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of NJ Arbitrage Fund is 0.29%

What are the returns of NJ Arbitrage Fund since inception?

The NJ Arbitrage Fund was launched on Jul 29 2022. The fund has delivered a CAGR of 7.31 since inception.

What is the minimum SIP amount to invest in NJ Arbitrage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for NJ Arbitrage Fund is 100.

How do I invest in NJ Arbitrage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in NJ Arbitrage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in NJ Arbitrage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in NJ Arbitrage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.