NJ MF introduces Momentum Fund
NJ Mutual Fund has launched NJ Momentum Fund, an open-ended equity scheme following the momentum theme. The NFO opens for subscription on July 10, 2026 and closes on July 24, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 500/- and in multiples of Re. 1/- thereof.
The performance of the Scheme will be benchmarked against Nifty 500 TRI and its fund managers are Viral Shah and Dhaval Patel.
The investment objective of the Scheme is to generate long term capital appreciation by predominantly investing in equity and equity related instruments of companies that exhibit strong momentum.
