NJ Momentum Fund
NJ Mutual Fund · Sectoral/Thematic · Regular plan, growth option
| Period | Scheme | Category median | Quant & factor strategies median |
|---|---|---|---|
| 1 month | -4.8% | -5.4% | -6.2% |
| 3 months | n/a | -3.1% | -4.4% |
| 6 months | n/a | 8.5% | 4.9% |
| Year to date | n/a | -2.6% | -8.0% |
| 1 year | n/a | 0.0% | -3.6% |
| 3 years (CAGR) | n/a | 11.7% | 11.2% |
| 5 years (CAGR) | n/a | 10.6% | 7.9% |
| 7 years (CAGR) | n/a | 15.7% | 12.6% |
| 10 years (CAGR) | n/a | 13.3% | 12.8% |
| Since first NAV (CAGR) | -2.9% | – | – |
“Quant & factor strategies” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | n/a | 9.8% |
| 3Y rolling median | n/a | 15.6% |
| 3Y rolling worst | n/a | 0.6% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | 71% |
| 5Y rolling median | n/a | 14.2% |
| 5Y rolling worst | n/a | 0.3% |
| 5Y periods ahead of benchmark | n/a | 70% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 16.7% |
| Sharpe ratio | n/a | 0.34 |
| Sortino ratio | n/a | 0.51 |
| Beta | n/a | 0.96 |
| Alpha (ann.) | n/a | 2.3% |
| Upside capture | n/a | 103.56 |
| Downside capture | n/a | 96.87 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −5.3% | −23.7% |
| Maximum drawdown, last 10Y | n/a | −39.3% |
| Maximum drawdown, last 5Y | n/a | −22.8% |
| Current drawdown | −5.3% | −8.8% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
The Regular plan's expense ratio is 4.36% a year and the Direct plan's 2.57%, a gap of 1.79%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹31,87,347.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Dhaval Patel | 4 Aug 2026 | |
| Viral Shah | 4 Aug 2026 | |
| Jaimin Ilavia | 4 Aug 2026 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 4.36% | 2.38% |
| AUM, whole scheme (₹ crore) | 365 | 1,245 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Regular plans; how it is calculated.
- What is the latest NAV of NJ Momentum Fund?
- The NAV of the Regular plan (growth option) was ₹9.7500 on 1 Oct 2026, as published by AMFI.
- Which category is NJ Momentum Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 259 Sectoral/Thematic schemes (Regular plans).
- What was the largest fall in NJ Momentum Fund's NAV?
- The largest peak-to-trough fall in its available history was 5.3%.
- What is the expense ratio (TER) of NJ Momentum Fund?
- The total expense ratio of the Regular plan is 4.36% a year, as disclosed to AMFI (median of Sectoral/Thematic Regular plans: 2.38%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is NJ Momentum Fund?
- Assets under management of the whole scheme were ₹365 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of NJ Momentum Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages NJ Momentum Fund?
- According to its Scheme Summary Document, NJ Momentum Fund is managed by Dhaval Patel (since 4 Aug 2026), Viral Shah (since 4 Aug 2026), Jaimin Ilavia (since 4 Aug 2026).
- What is the minimum investment in NJ Momentum Fund?
- The minimum application amount is ₹500. SIP details: For SIP: Rs. 100 and in multiple of Rs. 1/- thereafter For SWP and STP: Rs. 500 and in multiple of Rs. 1/- thereafter.
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