How much commission does NJ wealth take?

NJ IndiaInvest has topped the list with gross commission of 1.13\% of the total assets while Prudent Corporate Advisory commanded 1.06\% of its AUA in FY 2020-21….NJ India, Prudent command highest commission share.

What is the standard commission for mutual funds?

In regular mutual funds, the sales commission is paid to intermediaries or brokers who get business for them. The amount of commission varies between 1\% to 1.25\% a year. Although your monthly statement doesn’t reflect this amount, the NAV or net asset value of your mutual fund units will be adjusted accordingly.

How can we avoid mutual fund commission?

However, there is a way you can avoid paying hefty mutual fund commission. You can switch to direct plans of mutual funds. Direct plans of mutual funds involve 0\% commissions and thus they have a lesser expense ratio. A lower expense ratio implies higher returns.

Is NJ wealth a discount broker?

Also, Nj Wealth is a Full Service Broker. In general, full service brokers provide more investment advice and perform detailed stock analysis for their clients….Overview.

Is it safe to invest through NJ wealth?

The above table clearly indicates that NJ Wealth PMS has scored very good results in the market for their excellent and satisfactory services to the investors….Nj Wealth PMS – Customer Ratings & Review.