MJ Wealth is flagship company of THE MJ Group. The company was formed in May 2019 primarily to focus on Ultra HNI to cater to their growing investment needs. To enable this MJ WEALTH has tied up with leading Mutual Fund houses in India to offer their MF products to investors. Needless to say, that with more than 25 years of experience, we strive for the best.
We believe all markets are inherently inefficient and that through careful selection, investors can generate excess returns with lower risk of permanent capital loss.
Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance, and investment horizon.
A risk profile is an evaluation of an individual's willingness and ability to take risks. A risk profile is important for determining a proper investment asset allocation for a portfolio.
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. These investors may be retail or institutional in nature.
Mutual funds have advantages and disadvantages compared to direct investing in individual securities. The primary advantages of mutual funds are that they provide economies of scale, a higher level of diversification, they provide liquidity, and they are managed by professional investors. On the negative side, investors in a mutual fund must pay various fees and expenses.
Primary structures of mutual funds include Open-end funds, Unit investment trusts, and Close-end funds. Exchange-traded funds (ETFs) are open-end funds or Unit investment trusts that trade on an exchange. Mutual funds are also classified by their principal investments as money market funds, bond or fixed income funds, stock or equity funds and hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that match the performance of an index.
Mutual funds may include investments in stocks, bonds, options, futures, currencies, and money market securities. Depending on the stated objective of the fund, each fund will vary in regard to content and risk.
Mutual Funds issue and redeem shares on demand at the funds NAV, or net asset value.