NJ Mutual Fund launches NJ ELSS Tax Saver Scheme

NFO
Mar 13, 2023 by Advisorkhoj Team | NFO | 13 Downloaded

NFO period: 13th March – 09th June, 2023

Highlights of the NFO:

  • Scheme type – An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit

  • Investment objective – The investment objective of the scheme is to generate income and long term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments. 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 capital appreciation & generating income over long term by investing in a portfolio predominantly consisting of equity and equity related instruments.

  • Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 500/- 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. Viral Shah

  • Benchmark – NIFTY 500 TRI

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

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