facebook

NJ Advisory PMS

PMS Rating

IME PMS Rating

AMC does not meet our selection criteria at this time

Not a recommended AMC: NJ has managed to scale its PMS business primarily on the back of its access to one of the largest distribution networks in India. However, with an extremely limited investment pedigree (at the group or fund manager level) this is a PMS that we would recommend that investors stay away from.

The PMS/AIF AMC Rating is derived on the basis of our analysis on 5 key qualitative parameters that we use to analyse the quality of a PMS/AIF Provider. These include an assessment of the size of the AMC, the pedigree of the AMC, the pedigree of the team, the value of the investment philosophy & the level of differentiation. These insights of our central research team are documented in the IME RMS, and can be accessed during a consultation call with an IME PMS specialist.

PMS Background

Discretionary AUM (2637cr) | Promoter Category ()

PMS Background

NJ Advisory PMS is the PMS arm of the formidable NJ Group (one of the largest MF distributors in India). Backed by its formidable distribution strength, NJ Advisory has managed to scale its PMS offerings to a top-20 ranking in the Indian PMS industry.

PMS Investment Philosophy

NJ Advisory PMS does not have a clearly defined investment philosophy, that drives investment style across all their funds. Instead, the investment philsophy is more driven at a strategy level.

Inv Team

Investment Team

Rajiv Shastri | 2-star rated FM

CEO | 24 yrs Experience | 4 yrs at current firm

Rajiv Shastri’s 20 years of experience comes from various hats he has put on in the past. The experience includes being a debt FM, CEO at AMCs, operating as a consultant and as a columnist. We are concerned about the lack of a long FM stint in any of the previous roles.

PMS/AIF Schemes

PMS & Listed Equity AIF Schemes

Scheme Category Style 1 yr 3 yr 5 yr Since Inc
NJ Advisory Bluechip Large & Midcap GARP 38.3 10.3 21.5 17

Returns as of 30-Sep-24.

Free 30-Day Trial of the IME RMS

Details shared above, are only a short-snapshot of the more detailed analysis that resides in IME’s Proprietary RMS (Research Management Solution).

The IME RMS is the first tool ever, to give investors direct access to the insights of the central research team. Investors gain direct access to our ratings, rating rationales & analysis across thousands of funds (MFs, PMSs, AIFs, Global funds), asset classes, categories & more.

 Learn More