How much commission does NJ wealth take?
Table of Contents
How much commission does NJ wealth take?
Nj Wealth / Nj India Transaction Charges The Nj Wealth Charges are 0.00325\% for Equity Delivery, Equity Intraday, Equity Futures and Commodity. For Currency Futures the rate is 0.00290\% and for Equity Options and Currency Options the amount will be 0.065\% (Premium only).
Is NJ E wealth safe?
The NJ e-Wealth App is secured and user-friendly. Also, the app helps its clients to check their transactions and portfolio at any time. Thus it gives a better understanding of mutual funds, direct equity, ETFs, at one single place.
Which broker is good for mutual funds?
Zerodha is indeed the best broker in India for Mutual Fund investment. Following are the reasons: Coin, the Mutual Fund investment platform offers is the best app/website. Zerodha offers Direct Mutual Fund which results in an extra saving of over 2\% per year.
Is NJ wealth an AMC?
NJ Wealth AMC or Annual Maintenance Charges AMC is free for the Demat account. NJ Wealth AMC fee is Rs. 250 per annum, which means that the amount of Rs. 250 has to be paid once every year.
Who owns NJ wealth?
Started by Neeraj Choksi and Jignesh Desai in 1994, NJ handled Rs 44,000 crore of mutual fund assets under advice as on August 1, 2017.
How good is NJ invest?
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….Nj Wealth PMS – Customer Ratings & Review.
| Nj Wealth PMS Ratings | |
|---|---|
| Returns Performance | 3.3 / 5 |
| Strategies | 3.2 / 5 |
| Client Support | 3.0 / 5 |
| Overall Ratings | 3.2 / 5 |
Who is NJ mutual fund?
NJ Mutual Fund
| NJ Mutual Fund Scheme Name | NAV (₹) | AUM (₹ Cr.) |
|---|---|---|
| NJ Balanced Advantage Fund Regular – Growth | 9.8200 | 5311.30 |
| NJ Balanced Advantage Fund Regular – IDCW | 9.8200 | 5311.30 |
| NJ Balanced Advantage Fund Direct – Growth | 9.8400 | 5311.30 |
| NJ Balanced Advantage Fund Direct – IDCW | 9.8400 | 5311.30 |
Why mutual fund is a bad investment?
However, mutual funds are considered a bad investment when investors consider certain negative factors to be important, such as high expense ratios charged by the fund, various hidden front-end, and back-end load charges, lack of control over investment decisions, and diluted returns.
Are mutual funds a good fit for a financial advisor?
Being a financial advisor requires a delicate balance of ambition and realism. While mutual funds are a great fit for a broad spectrum of investors, you should heed the signs that this type of investment may not be well-suited to your clients’ investment style.
What should you do when your clients invest in mutual funds?
After making the investment, your clients can essentially sit back and watch their returns roll in, knowing that the fund managers are working to keep the funds profitable. Until they are ready to sell their shares, there is little for you and your clients to do except monitor the funds’ performance and net profits.
How can I become a mutual fund advisor?
To become a mutual fund advisor, you need to register with http://www.nism.ac.in/ and take up the NISM-Series-V-A: Mutual Fund Distributors Certification Examination. The complete registration process and examination details are given here http://www.nism.ac.in/certification/index.php/nism-certifications/mutual-fund/mutual-fund-distributors
What are the benefits of hiring a mutual fund manager?
You help your clients select the mutual funds that best suit their needs, and the fund manager ensures that your recommendation pays off. The benefit of professional management ties right in with the next advantage of mutual funds, or effortless returns. Initially, of course, there is some legwork that goes into selecting the right fund.