• NJ Recommended MF Portfolios, formerly MARS, offers curated baskets of select mutual fund schemes aligned with specific investment goals, themes, or asset allocation strategies. These ready-to-invest portfolios eliminate the complexity of selecting and managing multiple schemes.
• Each portfolio is built through detailed analysis of fund performance, consistency, risk levels, and the AMC investment process, ensuring adequate diversification between fund houses and the scheme portfolios. Investors can effortlessly choose a portfolio that matches their risk profile and investment objectives, simplifying their investment journey.

• There are 18 active portfolios in the NJ Recommended Portfolio (MF). Partners can suggest NJ Recommended MF Portfolios based on the needs and risk appetite of investors.

Active NJ Recommended MF Portfolios are:-

• Growth Portfolio - Equity 100%
• Growth Portfolio - Aggressive Equity 100%
• Tax Saving Portfolio
• Hybrid Portfolio - Balanced Advantage
• Hybrid Portfolio - Aggressive
• Multi-Asset Portfolio
• Hybrid Portfolio - Conservative
• SIP Portfolio - Diversified
• SIP Portfolio - Aggressive
• Liquid Portfolio
• Dynamic Portfolio - Aggressive
• Conservative Portfolio - Equity 30%
• Balanced Portfolio - Equity 40%
• Balanced Portfolio - Equity 50%
• Balanced Portfolio - Equity 60%
• Growth Portfolio - Equity 70%
• Growth Portfolio - Equity 80%
• Growth Portfolio - Equity 90%

• Schemes are evaluated on the basis of Qualitative and Quantitative parameters. Diversification & management style are also considered while selecting the schemes in the portfolios.

• Partners can use Automated investment solutions (AIS) for suggesting the ideal NJ Recommended portfolio. With AIS, partners can suggest NJ Recommended portfolios as per the investment objective and risk appetite of the investor. AIS was launched to standardize the process of determining the asset allocation of investors.

• Schemes selected would not be changed for longer periods unless necessitated.

• NJ will not re-balance the existing portfolios of NJ Recommended MF Portfolios. The re-balancing utility is given to the partners, partners can trigger the re-balancing if needed. Partners can initiate rebalance orders in both Active and Inactive portfolios.

• Partners will be able to generate re-balancing orders at any time and for any client once the utility is made available. However we do not suggest rebalancing the portfolio and suggest keeping the portfolio for a longer time.

• No. NJ will not create new SIPs and ELSS portfolios every year. Investors can do SIP in SIP Diversified and SIP Aggressive Portfolios. Similarly, Investors who intend to save tax can invest in a Tax Saving Portfolio.

• Yes. You can register SWP in the SWP Portfolio, provided you have held it. New Investments in the SWP Portfolio have been stopped.

• For clients with SWP needs, partners can refer to Hybrid Portfolio - Balanced Advantage and Hybrid Portfolio - Aggressive
• Hybrid Portfolio - Balanced Advantage will be an ideal portfolio for SWP for investors with lower risk as the equity exposure is relatively lower.

• Yes, the facility is available.

• The maximum SWP withdrawal allowed is 7% of the portfolio value on the date on which the SWP is registered.

• NJ Recommended MF Portfolios are available to both EWA & EMF clients.

• Yes, NRI can invest in NJ Recommended MF Portfolios only through NRO accounts

• All the schemes in NJ Recommended MF Portfolios are open-ended, hence, there is no lock-in for the client. Underlying schemes in the Tax Saving Portfolio have a lock-in period of 3 years.

• The subscription in NJ Recommended MF Portfolios is currently free of cost to the client.

• Yes, clients can invest in one or more NJ Recommended MF portfolios as per the needs.

• NJ Recommended MF Portfolios are available on the partner desk as follows,
• Pathway:- Partner Desk>> Investments >> NJ Recommended Portfolios >> View Model Portfolio

• NJ believes that the Dynamic Portfolio is one of the best ways to manage risk in the equity markets.
• Rule-based Dynamic Portfolio strategies were an essential part of NJ Recommended Portfolios offerings.
• However, they were not tax and cost efficient giving rise to both short-term and long-term capital gains.
• Recently, many BAF/DAA mutual fund (MF) schemes have been launched.
• These are more tax and cost efficient since there is no tax on the changes made within each scheme.
• NJ launched Hybrid Portfolio - Balanced Advantage in November 2021 to invest in such BAF schemes.

• Dynamic Portfolio - Aggressive are tax & cost inefficient.
• They were a good solution till the time there were not enough Balanced Advantage MF schemes.
• Existing investors will be best served by shifting their investments to Hybrid Portfolio - Balanced Advantage.

• Nothing happens. The portfolios will continue. However, the rebalancing utility will be given to partners before the month of Mar 2024.
• The tax and cost-inefficient nature of such portfolios is something that you must keep in mind, especially when there are more tax-efficient alternatives available.
• As a result, we expect most partners to make the choice to switch.

• We have stopped fresh subscriptions in both portfolios due to tax & cost inefficiency. Investors can continue to remain invested in the portfolio or switch the portfolio to a Hybrid Portfolio - Balanced Advantage or Hybrid Portfolio - Conservative

• Yes, Partners can initiate the NJ Recommended MF Portfolios transactions through PIT.
• Pathway:- Partner Desk>> Investments >> NJ Recommended MF Portfolios >> Partner Trax

• Payment modes available to invest in NJ Recommended MF Portfolios are as below:
  • Partner Trax - NJ Recommended MF Portfolios
    • NEFT/RTGS
    • Cheque (Currently Unavailable)
    • ACH (As per NJ / BSE mandate registered with segment as "Mutual Fund")
    • Net-Banking
    • UPI
    • Existing Non-NJ Recommended MF Portfolios
  • 2. NJ E-Wealth / NJ E-Wealth MF Desk - NJ Recommended MF Portfolios
    • NEFT/RTGS
    • Net-Banking ACH (As per NJ / BSE mandate registered with segment as "Mutual Fund")
    • UPI

• The Minimum amount in SIP Aggressive & SIP Diversified portfolio is ₹2000.

• Currently, the SIP Top-up amount is ₹600 for SIP Portfolio - Aggressive & Diversified.

• The Minimum Lumpsum amount in the Tax Saving Portfolio is ₹10,000, and for other active portfolios, it is ₹50,000.

• Yes. Additional purchase is allowed in existing non-active NJ Recommended MF portfolios, for only existing investors.

• The allocation in each scheme will be around 16% to 17.5%. Due to this the investment amount in each scheme might not be equal.

• No. This facility is not available as of now. Full Portfolio Switch is allowed.
• You can also shift Non non-NJ Recommended MF Portfolio schemes to any of the Active NJ Recommended MF portfolios.

• In case the client wants to discontinue the NJ Recommended MF Portfolios service, he needs to inform the partner of the same. The partner can then unmap the client from NJ Recommended MF Portfolios service through the Partner desk. After unmapping the schemes, the investment in the underlying schemes will continue as regular schemes.

• Rolling returns are the annualised average returns that’s calculated based on historical data gathered over a specific time frame.
• Due to recent out-performance or under-performance of a category or scheme, the point to point returns might be misleading sometimes. Rolling Returns gives a clear picture of a fund's consistency and its ability to deliver returns across changing market conditions.

• Negative Observations are one of the indicators of Risk. It tells us how many times the scheme has given negative observations in the selected period. Higher the Negative observation, the higher will be the risk involved.
• For example, in a period of 10 years, the three years of negative observations of scheme A is 19% and of scheme B is 31%, we can say that scheme A is relatively more consistent and less riskier than scheme B.

• A drawdown refers to how much an investment/fund has fallen from its peak to its trough (Lowest Point). An asset with a low drawdown value is indicative of relatively lower risk as compared to one with a higher value.
• For example, in a period of 10 years, the drawdown of scheme C is 51% and that of scheme D is 21%. In a 10 years period, the NAV of scheme C has fallen more than that of scheme D, hence scheme D is relatively less riskier than scheme C.