India, July 3 -- NJ Mutual Fund has launched a new Open Ended Growth scheme named "NJ Momentum Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jul 10 to Jul 24, 2026.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Viral Shah, while the performance of the scheme will be benchmarked against NIfty 500 Total Return.
The investment objective of the Scheme is to generate long term capit...