Nj Wealth PMS – Review, Strategies, Returns, Charges & more

The NJ group has a very strong understanding and domain expertise in portfolio management services which has been accumulated over two decades of experience in the industry.

NJ Wealth PMS follows the mechanism of a systematic “Rules Based Investment” approach and are pioneers in the industry for the various products that are manufactured and offered to the clients.

Scroll down further to figure out the Ratings, Review, Strategies, Commission Models, Yearly Returns & much more about NJ Wealth Portfolio Management Service.


Nj Wealth PMS – Customer Ratings & Review

Nj Wealth PMS Ratings
Returns Performance 3.3 / 5
Services 3.4 / 5
Charges 3.3 / 5
Experience 3.4 / 5
Strategies 3.2 / 5
Client Support 3.0 / 5
Overall Ratings 3.2 / 5
Star Ratings ★★★★★

The above table clearly indicates that NJ Wealth PMS has scored very good results in the market for their excellent and satisfactory services to the investors.

In each category they have demonstrated outstanding results which are probably one key factor that ropes in new customers and retains their existing customers for prospective gains.


Overview of Nj Wealth Portfolio Management Services

Overview
Company Type Private
Registered Location Mumbai, Maharashtra
Leadership Neeraj Choksi
Yr. of Establishment 1994

Nj Wealth PMS

NJ Portfolio Management Services has strong roots because they are a part of the NJ Group (NJ India Invest Pvt. Ltd.). The flagship company of the group has presence in the Real Estate Sector as well.

Mr. Neeraj Choksi is the co-founder & promoter of the NJ Group, a diversified business Group which has its head-quarters in Mumbai and was started in 1994 to cater to the growing needs in the financial services industry. Today NJ PMS is one of the leading distributors of investment products and providers of financial services in India.

NJ PMS broking house has built a credible team that is dedicated to wealth creation of its investors. Let’s have a deeper understanding about the different types of NJ PMS, their PMS Charges, PMS Returns & more.


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Types of NJ Wealth PMS

Types of PMS
Discretionary Yes
Non-Discretionary Yes

This PMS house provides the Discretionary as well as Non-Discretionary PMS to the clients. As a practice the fund manager has a right to select the stocks and create a portfolio for the client in Discretionary PMS.

In Non-Discretionary PMS, the right to select stocks lies in the jurisdiction of the customer. Discretionary Portfolio Management is usually preferred by the clients.


Nj Wealth PMS Fund Managers Details

The details about the Fund Managers of NJ India PMS is given in the table below

Fund Manager’s Details
Name Viral Shah
Experience 16 Years
Highest Qualification MBA
AUM (in Cr.) Approx 2,000 Cr.
Number of Clients 120+
Investment Tenure Minimum 3 yr.

NJ Broking PMS has infinite numbers of Fund Managers in their team. Mr. Viral Shah stands out from the crowd.

An MBA by profession and with a versatile experience of 16 years he looks after mutual fund research, portfolio review and is very efficiently managing the portfolio of NJ group companies and select corporate clients.

The Fund Managers of NJ PMS holds approximately Rs. 2,000 cr. as AUM and handle more than 120 PMS clients. Clients opt to investment in NJ PMS for a period of least 3 years.


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Nj Wealth PMS Strategies

This table gives the details about NJ Portfolio Management Services Strategies:

Strategies
Large Cap Strategy Yes
Diversified Strategy Yes
Small – Midcap Strategy Yes

Different types of PMS strategies are provided by NJ India PMS. You will find all types of Investment strategies like Large CAP Strategy, Diversified Strategy as well as Small-Midcap Strategy easily available with them.

NJ Advisor PMS offers several types of schemes/products to their customers for investments like:-

NJ Wealth Bluechip Portfolio

The objective is to generate capital appreciation in medium to long term by investing in 15 well-established companies based on parameters such as Revenue Growth, ROCE, RoE, Free Cash Flow and Loan Growth.

This portfolio is completely unbiased towards the market caps and also seems to be sector agnostic.

NJ India Freedom ETF Portfolio

Here the aim is to generate capital appreciation in the medium to long term through investments in equity oriented exchange traded funds (ETFs). This Portfolio consists of a basket of ETFs tracking various indices.

NJ Advisor Dynamic Stock Allocation Portfolio

To Optimise Returns through proper Asset Allocation of Equity and Debt asset classes from time to time by following the investment strategy of Bluechip Portfolio.

NJ Wealth Dynamic ETF Allocation Portfolio

The idea is to provide long term capital appreciation at the same time as focusing on creating a dynamic asset allocation approach in allocating the capital into resourceful and well performing ETFs and arbitrage funds.


Nj Wealth PMS Returns / Performance

In this table you will see the details about NJ Management Services Returns:

Returns (CAGR)
3 Year 9%
5 Year 11%
7 Year 10%
10 Year 12%
11 Year Plus 15%

Excellent rate of returns are offered by NJ PMS to their customers. For a performance period of 3 Years the returns offered by them is 9%, for 5 years the rate is 11%, for 7 years it is 10%, for 10 years it is 12% and for 11 plus years the rate of return is 15% CAGR.


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Nj Wealth PMS Investment Plans

This table gives the details about NJ Wealth Portfolio Management investment slabs:

Investment Plans
Bronze (25L – 50L) Yes
Silver (50L – 1 Cr.) Yes
Gold (1 Cr. – 5 Cr.) Yes
Platinum (5 Cr. Plus) Yes

Different Investment slabs are offered by NJ PMS to the clients. The minimum investment amount required is Rs.25 Lakh to start with which is universal across all Portfolio Management Services houses. This broking house has four types of Investment Plans viz: – Bronze, Silver, Gold and Platinum.

Their Bronze plan starts with a range of INR 25 Lakh upto INR 50 Lakh. Silver Plan is in the range of Rs.50 Lakh to Rs.1 Crore.

The Gold plan can be chosen by investing in between Rs.1 Crore up to Rs.5 Crore. You can also avail their Platinum plan if you intend to invest for more than Rs.5 Crore with them.

The commission range of NJ PMS house varies with each set of plan. Huge investments will surely guarantee you a small hole in your pocket.


Nj Wealth PMS Fee Structure or Commission Slabs

The Fees Structure of NJ Advisor PMS is stated here below:

Commission / Fees Structure
Prepaid Commission Yes
Volume% Commission Yes
Profit Sharing% Commission Yes

Their fees or commission is classified into 3 types of categories.


NJ Wealth PMS Prepaid Commission

As the word says the Management Fees or Commission needs to be paid in advance before commencing the tenure. In this model a very low commission is charged as compared to other models.

Prepaid Commission (Yearly)
Investment – 25L – 50L 1.3% of Investment
Investment  – 50L – 1 Cr. 1.2% of Investment
Investment – 1 Cr. – 5 Cr. 1.1% of Investment
Investment – 5 Cr. Plus 1.0% of Investment

The Prepaid Commission model of NJ India PMS depends on the amount of Investment made. If you invest somewhere in between Rs.25 Lakh up to Rs.50 Lakh then the prepaid commission required to paid will be 1.3% of the Investment.

When you invest in between Rs.50 Lakh to Rs.1 Crore, the prepaid commission would be 1.2% of total investment. For an investment of more than Rs.1 Crore and up to Rs.5 Crore, the prepaid fee charged by them is 1.1% of the total investment.

When the investment is of above Rs.5 Crore, then the management fees would be 1.0% of the amount invested.


Nj Wealth PMS Volume% Commission

Here the Fees Structure depends on the total number of transactions done by the Fund Manager along with other factors like market condition and other aspect of investment. You are likely to pay a higher amount of commission in this type of model.

Volume% Commission (Yearly)
Transaction Volume – 25L – 50L 0.13% of Total Transaction Volume
Transaction Volume – 50L – 1 Cr. 0.12% of Total Transaction Volume
Transaction Volume – 1 Cr. – 5 Cr. 0.11% of Total Transaction Volume
Transaction Volume – 5 Cr. Plus 0.10% of Total Transaction Volume

The commission amount here depends on the market situation and how faithful is your Fund Manager. For a yearly transaction volume in between Rs.25 Lakh to Rs.50 Lakh, the Management fees applicable would be 0.13% of total transaction volume.

If the transaction value is in between Rs.50 Lakh to Rs.1 Crore, then a fee of 0.12% of total transaction amount needs to be paid. For a high transaction volume the commission would be less i.e. if the transaction volume is above Rs.1 Crore and up to Rs.5 Crore, the charges are 0.11% of the total volume.

For any transaction volume exceeding the value of above Rs.5 Crore, the Management fees charged is 0.10% of total transaction volume.


Nj Wealth PMS Profit Sharing% Commission

This is one of the most suitable model for any investor. In this type of model the Management fee is paid only after the profit is realized. But the percentage of the commission is very high and at the same time the risk involved is pretty low over here.

Profit Sharing% Commission (Yearly)
Profit Amount – 2.5L – 5L 23% of Profit
Profit Amount – 5L – 10L 22% of Profit
Profit Amount – 10L – 50L 21% of Profit
Profit Amount – 50L Plus 20% of Profit

The clients generally prefer to take this model because it totally depends on the performance of the portfolio.

The profit sharing is 23% for a portfolio that gains profit in a range between Rs.2.5 Lakh up to Rs.5 Lakh. 22% of the Profit needs to be shared for the profit range in between Rs.5 Lakh to Rs.10 Lakh.

If you achieve profit like Rs.10 Lakh to Rs.50 Lakh, the profit sharing is 21% and if your profit exceeds Rs.50 Lakh, then the sharing of profit is 20% to NJ PMS team. There are Customised commission models also provided by this broking house as per the requirement of the client.

Over and above the Commission or Management Fees, several other charges like Upfront Fees, Brokerage, Depository Charges, Custodian Charges and Exit Load also needs to paid to the PMS house. Let us check what these charges are in the table here below.


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Nj Wealth PMS Charges

The details of NJ Wealth Portfolio Management Service Charges are illustrated in this table:

Charges
Management Fees As per commission model
Upfront Fees 0.8% – 1.2% of Asset Value
Brokerage Charges 0.008% – 0.012% of Total Transaction Value
Custodian Charges 0.15% – 0.25% of Asset Value
Depository Charges 0.11% – 0.21% of Asset Value
Exit Load – within 12 months 0.8% – 1.1% of Withdrawal Value
Exit Load – post 12 months Free or 0.3% of Withdrawal Value

Few other charges that are required to be paid to NJ PMS are:

Management Fees – The fees would be as per the commission model that is mutually agreed upon between the client & the PMS team.

Upfront Fees – The upfront fees charged by NJ PMS team is in between 0.8% – 1.2% of the asset value.

Brokerage Charges – Brokerage charges are in between 0.008% – 0.012% of total transaction value.

Custodian Charges – anywhere in between 0.15% – 0.25% of Asset Value is the custodian change charge levied by the PMS house from their clients.

Depository Charges – The PMS depository charge is somewhere in between 0.11% – 0.21% of Asset Value.

Exit Load Fees – The exit load fees is 0.8% – 1.1% of withdrawal value if the withdrawal has been done in within 1 year of portfolio creation.  However, if the withdrawal happens after a period of 1 year then the Exit Load fees is either free of cost or 0.3% of withdrawal value which would defer from case to case.


Nj Wealth PMS Benefits

Here you get to see the benefits of NJ Wealth Portfolio Management Service:

Benefits / Advantages
Top-up Facility Yes
Back office Reports Yes
Email Update Yes
SMS Update Yes
Watsapp Update No
Portfolio View Yes
Detailed View Yes
Flexible Commission Model Yes
Flexible Investment Plans Yes
Massive Experience Yes

The various benefits offered by NJ PMS are:

They give you the facility of Top-up.

They offer web access to the clients of their online Client Desk that contains the latest reports and portfolio information.

Provisions of Email Update, SMS Update and Watsapp Update in relation to all the transactions that take place in the clients account are also being facilitated to the client.

They also provide Flexible investment plans and flexible commission models.

NJ PMS house does have a massive experience in Portfolio Management Services for optimum results.


Nj Wealth PMS Customer Care

Here below are the details about the Client Support of NJ India PMS:

Customer Care
Call Support Yes
Email Support Yes
Chat Support No
Watsapp Support Yes
Relationship Manager Support Yes
Call to Fund Manager Yes – 7 to 12 Times a month
Issue Resolving TAT 15 working days

There is a good Customer Care support provided by the team of NJ Wealth Portfolio Management Service.

You can avail their facility of making Direct Call to resolve issues and queries of any sort.

Email and Watsapp support is being given to the clients.

All their customers can also avail the support from Relationship Manager at any point of time.

The Fund Manager can also be called directly for at least 7 to 12 times in a month.

The issue resolving TAT period of NJ PMS team is 15 working days.


Nj Wealth PMS Conclusion

NJ PMS brings to the table a wide range of products ranging from pure equity to dynamic asset allocation portfolios for different investors coming with disparate risk appetites and investment horizons. Their professional team aims to design a strong portfolio management process for all their clients.

One can safely invest with the professionally managed, quality focused and customer centric group of NJ PMS house.


Invest in Nj Wealth PMS – Fill up the form Now!

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