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NJ Mutual Fund is the flagship company of the NJ Group. NJ is an acronym for Mr. Niraj Choksi & Mr. Jignesh Desai, two first generation entrepreneurs who began the journey of 'NJ' in 1994 with the establishment of NJII, to cater to growing investor needs in the evolving financial services industry.
Today NJ Group is a diversified business group with primary business presence and interests in the financial services industry. In the financial services space, NJ Group runs businesses of financial products distribution, asset management, insurance broking, credit /loans and offshore funds distribution.
NJ Group has also expanded beyond the financial services industry and has presence in businesses of IT services, training & education, FMCG business and real estate.As sponsor, NJII is responsible for discharging its functions and responsibilities towards the Fund in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations.
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