NJ Mutual Fund launches NJ Balanced Advantage Fund
08 Oct,   2021 By: Eastern Fin Research Team #Mutual Fund

NFO period: 08th October - 22nd October, 2021

Highlights of the NFO:

  • Scheme type - An open ended dynamic asset allocation fund

  • Investment objective - The investment objective of the scheme is to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability - The product is suitable for investors who are seeking long term capital growth dynamic asset allocation between equity and specified debt securities.

  • Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum Capital withdrawal Option (IDCW).

  • Fund Managers - Mr. Rishi Sharma

  • Benchmark - NIFTY 50 Hybrid Composite Debt 50:50 Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Realted Blogs
29 Apr,  2025 #Mutual Funds
03 Apr,  2025 #Mutual Funds
info
Wealth Management Services
Sit back and relax, while we take care of all your financial needs.
Lets Start a Conversation
Have you checked our latest Monthly Digest?
Explore More
Did You Know?
Eastern Financiers, one of the first investment and financial consultant in Eastern India have grown to become one of the largest investment consultants in the country.
Learn More About Us