June 27, 2024
mayank
NJ Flexi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 14.1400
NAV IDCW: Rs 14.1400
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Suitable For Which Investors?
The Scheme is seeks to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations.
Fund Manager:
1) Dhaval Patel
Education: Mr. Patel has done IBS from Hyderabad
Experience: Prior to joining NJ Mutual Fund, he has worked with Axis Mutual Fund, Credit Analysis & Research Ltd.
2) Viral Shah
Education: Mr. Shah has done B.E. and MBA (Finance)
Experience: Mr. Shah has started his career with NJ Group and has been Principal Officer for PMS segment with NJ Asset Management for more than 10 years.
NJ Flexi Cap Fund Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 5% of the investment, 1% will be charged for redemption within 30 days |
Basic Details of NJ Flexi Cap Fund
| Fund House | NJ Mutual Fund |
| Launch Date | 05-Sep-23 |
| Return Since Launch | 41.40% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,250 Cr |
| (As on 31-May-2024) | |
| Expense | 0.37% |
| (As on 31-May-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 67.00% |
Trailing Returns (%) of NJ Flexi Cap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| NJ Flexi Cap Dir | 16.19 | -0.63 | 3.36 | 7.69 | 17.15 | — | — | — | — | — |
| BSE 500 TRI | 16.02 | 0.30 | 4.66 | 12.46 | 17.72 | — | — | — | — | — |
| Equity: Flexi Cap | 17.92 | 0.26 | 5.35 | 13.69 | 19.46 | — | — | — | — | — |
| Rank within category | 49 | 82 | 80 | 82 | 60 | — | — | — | — | — |
| Number of funds in category | 81 | 83 | 83 | 82 | 81 | 76 | 59 | 46 | 36 | 31 |
Peer Comparison of NJ Flexi Cap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| NJ Flexi Cap Dir | Unrated | — | — | — | 0.37 | 1,250 | 41.40 | 1.00 (30) | 9M | 67.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 38.69 | 21.96 | 25.67 | 0.62 | 66,384 | 20.87 | 2.00 (365) | 11Y | 2.82 |
| HDFC Flexi Cap Dir | 4 star | 47.98 | 27.33 | 21.52 | 0.79 | 54,692 | 17.85 | 1.00 (365) | 11Y 5M | 39.18 |
| Franklin India Flexi Cap Dir | 4 star | 48.47 | 23.26 | 22.34 | 0.96 | 15,468 | 18.11 | 1.00 (365) | 11Y 5M | 24.00 |
| HDFC Focused 30 Dir | 4 star | 48.52 | 30.47 | 22.56 | 0.51 | 11,946 | 16.57 | 1.00 (365) | 11Y 5M | 33.30 |
Portfolio Analysis of NJ Flexi Cap Fund
| No. of Stocks | 50 |
| Top 10 Stocks | 45.91% |
| Top 5 Stocks | 25.33% |
| Top 3 Sectors | 54.24% |
| Portfolio P/B Ratio | 5.55 |
| Portfolio P/E Ratio | 23.66 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,00,770 | 1,68,041 |
| Giant (%) | 33.91 | 49.85 |
| Large (%) | 29.67 | 21.13 |
| Mid (%) | 35.62 | 23.02 |
| Small (%) | 0.80 | 6.81 |
| Tiny (%) | — | 0.20 |
Chanakya’s Mutual Fund Guidance For NJ Flexi Cap Fund
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