NJ Flexi Cap Fund NFO: Essential details you need to know

17 Aug 2023 , 09:02 AM

NJ Mutual Fund is launching NFO under its “flexi cap fund category”, named as NJ Flexi Cap Fund. This open-ended fund aims to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations.

Investment strategy: In order to identify and select companies that can form part of the scheme portfolio, the fund manager would select companies on basis of Quality-focused Value Investing.

Asset allocation: The scheme will predominantly invest in equity and equity related securities across market cap and in Debt and money market – 0% to 35%.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years across market caps should invest in NJ Flexi Cap Fund. 

Risk associated: Very high level of risk.

Benchmark: Nifty 500 TRI.

Fund Managers: Mr. Dhaval Patel.

The NFO is available for subscription from August 15 to August 29. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 500/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in NJ Flexi Cap Fund.