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|
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
|Registered Location||Mumbai, Maharashtra|
|Yr. of Establishment||1994|
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|
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|
|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:
|MULTI CAP||Dynamica Stock Allocation Portfolio|
|ETF||Dynamic ETF Allocation Portfolio|
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 Dynamica Stock Allocation Portfolio Strategy
The portfolio creation here is that of Dynamic Stock allocation. Through this strategy the company aims to generate capital appreciation and risk adjusted returns. The duration of the fund is medium to long term, where well established companies are picked up.
The criteria of selection are companies from top 300 by market cap and debt schemes. On the other hand, the other criteria are arbitrage funds selected based on lower credit risk, volatility, exit charges and better tax efficiency.
Dynamic ETF Allocation Portfolio
This particular strategy is inclined towards optimization of returns through proper allocation of equity and debt asset classes. Financial instruments chosen for investment are Debt Schemes / Arbitrage funds. The selection is based on certain measures such as lower credit risk, volatility, exist charges, better tax efficiency.
Based on several intervals rebalancing is done, such as, asset rebalancing is done on half yearly basis and security rebalancing is done on yearly basis.
Portfolio of this strategy is built in a way where it contains 15 stocks, which are picked from across all market caps and sectors. The strategy aims at identifying stable companies based on multiple parameters such as Revenue Growth, ROCE, RoE, Free Cash Flow and Loan Growth.
Companies chosen are basically selected from top 300 companies on the basis of total market capitalisation and are rebalanced once in a year.
This portfolio, as the name suggests, would contain a bunch of ETFs, which would be extracted from multiple indices. Any Universe of ETFs would be considered, and the portfolio is set for review every year.
Idea of this portfolio is to follow the changes in underlying index, and the same is based on predefined quantitative parameters. Underlying securities, which make up to the portfolio are chosen without any bias.
Nj Wealth PMS Returns / Performance
In this table you will see the details about NJ Management Services Returns:
|Strategy||Dynamica Stock Allocation Portfolio|
Excellent rate of returns are offered by NJ PMS to their customers.
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Nj Wealth PMS Investment Plans
This table gives the details about NJ Wealth Portfolio Management investment slabs:
|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|
|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:
|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|
|Back office Reports||Yes|
|Flexible Commission Model||Yes|
|Flexible Investment Plans||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:
|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.
NJ Wealth PMS FAQs
Ques – How can I invest with Nj Wealth PMS?
Answer – Without intermediation from people involved in distribution systems, all consumers have an opportunity to invest directly. The process is very quick and pleasant to invest in Nj Wealth PMS. You will find an Invest In Nj Wealth PMS filling in form on this page. The obligatory details including your name, mobile number and residential city will be provided. Pick and click on apply your requested service. This leads you to more investment measures.
Ques – Who is the current fund manager of Nj Wealth PMS?
Answer – In their team, NJ Broking PMS has endless numbers of fund managers. Outstanding in the crowd, Mr. Viral Shah. He holds an MBA by profession and a flexible 16-year background in portfolio analysis and portfolio review and manages the portfolio of NJ group companies quite effectively and selects corporate customers.
Ques – What is the approx AUM of Nj Wealth PMS?
Answer – The NJ PMS Fund Managers keep around Rs 2,000 cr of AUM More than 120 PMS clients managed by fund manager. For a term of at least three years, customers opt to invest in NJ PMS.
Ques – Where can I check return or performance of Nj Wealth PMS?
Answer – Nj Wealth PMS’ returns and results can be found on our website. The return on services rendered by the company for Nj Wealth portfolio management is very healthy and impressive. It has about 10 plus years of ability to match MFR (mutual fund rates). The company’s stable and robust growth made it the top PMS business list in the world. For the comfort of our clients, we present the full facts and figures in a tab. Nj Wealth is known for its unique portfolio management service and for over 10 years surpassed mutual fund returns.
Ques – What are the different strategies used by Nj Wealth PMS?
Answer – NJ India PMS provides various types of investment strategies, which include all types of investment strategies. PMS provides NJ Advisor to its customers various schemes/products for investments such as:
- NJ Wealth Dynamica Stock Allocation Portfolio Strategy
- Dynamic ETF Allocation Portfolio
- Freedom ETF
Ques – Where to find the fee structure and commission rate of Nj Wealth PMS?
Answer – Data on all Nj Wealth PMS info are available on the page. We have provided detailed information in the form of tables and charts with all the main heads. To find Nj Wealth PMS fee structure and fee rate, you can easily find the information on the web site.
Ques – How to call or reach Nj Wealth PMS customer care?
Answer – The NJ Wealth Fund Management Service team offers good customer care support. You may use their direct call facility to address all kind of problems and queries. Clients are provided with email and Whatsapp support. The Relationship Manager service will also be available at all times to all its clients. The Fund Manager may also be directly called in a month for a minimum of 7 to 12 times. The NJ PMS team has 15 working days to address TAT issues.
Ques – What are the benefits of investing with Nj Wealth PMS?
Answer – NJ PMS provides various advantages:
- You can use the Top-Up feature. You have web access for customers on your online desk, which includes the latest reports and information on portfolios.
- The customer will be provided with e-mail update, SMS update, and Watsapp update for all transactions in the customer accounts.
- Flexible investment plans and flexible commission models are also available.
- NJ PMS house has comprehensive portfolio management services expertise in order to produce maximum performance.
Ques – What are the different charges involved with Nj Wealth PMS?
Answer – Few additional charges to be charged to NJ PMS are:
- Management fees – the fees are based on the commission model decided by the consumer and the PMS team.
- Upfront charges – The early charge of the NJ PMS team is 0.8% – 1.2% of the capital value.
- Brokerage costs – the gross transaction amount of the courts’ charges is between 0.008% – 0.012%.
- Custodian fees – 0.25 percent of asset value – somewhere between 0.15 percent – are the custodian exchange fees paid to their customers by the PMS.
- Depository charges – anywhere between 0.11% and 0.21% of asset value, is paid for the depository PMS.
- Exit load charges – exit charges are 0.8 – 1.1 percent if the withdrawal was made in 1 year after formation of a portfolio. If the removal occurs after one year the exit penalty is free, or 0.3% of the withdrawal amount, which will be postponed from case to case.
Ques – Where can I find all the details about Nj Wealth PMS?
Answer – The website contains all information about Nj Wealth portfolio management services. We have provided data with charts, maps and graphs to make the job completely possible and flexible for our customers. The customer can conveniently find all the details he wants on our website.
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