NJ Momentum Fund - Regular Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Expense ratio (3.22%) is higher than category median (2.52%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +2.55% | +6.32% | -3.77% |
| 3 Months | -0.50% | -0.20% | -0.30% |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +0.10% | +4.03% | -3.93% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2026-08-31 | 2026-10-23 | -11.1% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Instruments Indicative allocations | Per Scheme Mandate |
| (% of total assets) | Per Scheme Mandate |
| Equity and Equity related instruments of companies selected based on momentum theme | Per Scheme Mandate |
| Minimum 80% - Maximum 100% | Per Scheme Mandate |
| Risk Profile – Medium to High | Per Scheme Mandate |
| Equity and Equity related instruments of companies selected based on themes other than momentum theme | Per Scheme Mandate |
| Minimum 0% - Maximum 20% | Per Scheme Mandate |
| Risk Profile – Medium to High | Per Scheme Mandate |
| Money market instruments, other liquid instruments, InvITs, Gold and Silver instruments and other permissible securities approved by SEBI from time to time | Per Scheme Mandate |
| Minimum 0% - Maximum 20% | Per Scheme Mandate |
| Risk Profile - Low to Medium | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the Scheme is to generate long term capital appreciation by predominantly investing in equity and equity related instruments of companies that exhibit strong momentum. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 436 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| SBI HEALTHCARE OPPORTUNITIES FUND | 7.2 | +23.97% | 1.98% | 43.4% | Rs 6,504 cr | Compare → |
| UTI Healthcare Fund | 7.0 | +22.74% | 2.20% | 57.0% | Rs 1,536 cr | Compare → |
| Mirae Asset Healthcare Fund | 7.9 | +22.67% | - | 45.7% | Rs 3,828 cr | Compare → |
| Nippon India Taiwan Equity fund | 7.2 | +45.47% | 2.39% | -77.2% | Rs 806 cr | Compare → |
| DSP Healthcare Fund | 8.0 | +20.31% | 2.04% | 53.2% | Rs 3,946 cr | Compare → |
Frequently Asked Questions about NJ Momentum Fund
What is the expense ratio of NJ Momentum Fund?
NJ Momentum Fund has a total expense ratio (TER) of 3.22% with a base expense ratio of 2.1%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages NJ Momentum Fund?
NJ Momentum Fund is managed by Dhaval Patel.
What are the historical returns of NJ Momentum Fund?
NJ Momentum Fund has a 1-year return of -.
How large is NJ Momentum Fund?
NJ Momentum Fund manages assets of Rs 436 cr, placing it in the 'small' size band relative to Sectoral / Thematic peers.
How is NJ Momentum Fund scored on MFIQ?
NJ Momentum Fund holds an MFIQ Score of 5.8/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is NJ Momentum Fund?
NJ Momentum Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is - with a maximum historical drawdown of -11.07%.