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NJ Mutual Fund

NJ Mutual Fund was incorporated in 2021-04-20. As of 25-04-24 08:00:307 IST, NJ Mutual Fund is managing assets worth ₹ 5743.71 Cr. NJ Mutual Fund offers 5 mutual fund schemes to potential investors. Additionally, it holds 5 funds.


₹ 5743.71 Cr



Year of Incorporation


Invest in Mutual Funds Direct Plans with Bajaj Markets at 0% commission and earn higher returns

About NJ Mutual Fund

With an AUM of more than ₹1,32,950 Crores, NJ Mutual Fund is one of the leading mutual fund houses in India. It has a pan-India presence with over 165 locations. NJ Mutual Fund offers a wide range of mutual fund products across equity, debt, hybrid, and solution-oriented categories. 


NJ Mutual Fund offers 3 schemes across different categories. Some of its popular schemes include NJ Balanced Advantage Fund, NJ Overnight Fund, NJ Arbitrage Fund. NJ Mutual Fund is sponsored by NJ Group, a financial services conglomerate that also provides services in insurance, broking, and wealth management.

Incorporated 20 Apr. 2021
Mdceo Rajiv Shastri
Trustee NJ Trustee Private Limited
Cio NA

How to Invest in NJ Mutual Fund?

Investing in Mutual Funds on Bajaj Markets includes a hassle-free, end-to-end online procedure with no tedious form filling or branch visitations. You can follow the steps given below on the Bajaj Markets website and the app as well. 


  • Step 1: Log in using your mobile phone number

  • Step 2: Under ‘Investments’, choose ‘Mutual Funds’

  • Step 3: Fill in basic information such as your bank account number, PAN Card number, etc. 

  • Step 4: Start your investment journey with Bajaj Markets once your account has been activated


You can invest through various payment methods like UPI, net banking, real-time gross settlement (RTGS), and national electronic funds transfer (NEFT). 

Documents Required to Invest in NJ Mutual Fund:

Here are the documents required in order to invest in a mutual funds scheme through Bajaj Markets.


  • PAN Card

  • Voter ID

  • Driving Licence

  • Passport

Top Fund Managers

NJ Mutual Fund has a team of seasoned professionals with years of experience in equity research and fund management, who are responsible for managing the various schemes offered by the company

1. Dhaval Patel

Having more than 16 years of experience in the financial services sector, Dhaval Patel is the Assistant Fund Manager at NJ Mutual Fund. He holds a Master's degree in Computer Applications and has been associated with the NJ Group since 2006. 


He specialises in research and analysis across Fixed Income and Mutual Fund products. The AUM he oversees stands at more than ₹4221.4 Crores.

2. Vishal Ashar

Vishal Ashar is a highly experienced fund manager with over 16 years of expertise in the fund management industry. He is the Chief Manager of Arbitrage Fund Management & Equity Dealing at NJ Mutual Fund. 


He has a Master's degree in Management and has a broad knowledge base that covers equity trading, derivatives trading, investment management, portfolio/structured product services, and back/mid office support. 


He has held various positions as a member of the fund management teams of several reputable companies, including Indiabulls Asset Management, Motilal Oswal Securities, and Sharekhan Securities. The AUM he oversees stands at more than ₹4185.5 Crores.

3. Viral Shah

Viral Shah is the Deputy General Manager of Research and a fund manager at NJ Mutual Fund. Viral Shah has over 20 years of experience in the industry, with around 17 years with the group. He manages the NJ Overnight Fund, and the NJ Balanced Advantage Fund. The AUM he oversees is ₹4122.8 Crores, and focuses on rule-based investment models.

Email NA
Phone NA
Address Unit No. 101A, 1st Floor, Hallmark Business Plaza, Bandra (East),

Frequently Asked Questions About Mutual Funds

How many mutual fund schemes are offered by NJ Mutual Fund?

NJ Mutual Fund offers 5 mutual fund schemes across different categories.

What is the total AUM for NJ Mutual Fund?

When did NJ Mutual Fund first start?

Can I invest in NJ Mutual Fund via SIPs online?

Is it possible to stop an SIP for NJ Mutual Fund online?

What KYC documents are required to start investing in mutual fund schemes offered by NJ Mutual Fund?

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