Clockwise from Left: Makrand Vipat, Jignya Vaid, S. S. Ramalingam, Uday Sangaonkar, Rinku Kejriwal, , Rohit Brahmbhatt,
NJ Wealth has always assisted its partners with everything they need to thrive in the industry
New Delhi [India] September 9: Since its inception in 2003, NJ Wealth has emerged as one of India’s leading mutual fund distributors, establishing a robust national presence. With over 42,105 active distributors across 185 locations in 23 states, the company proudly serves more than 34,21,514 investors and manages an impressive ₹2,42,599 crore in Assets Under Management (AUM) as of August 31, 2024.
NJ Wealth is dedicated to empowering individuals with accessible financial solutions, and its success stories illustrate the potential of mutual fund distribution as a viable career option. Despite common skepticism about pursuing this path full-time, the inspiring journeys of NJ Wealth partners across
India highlight how adaptability and the organization’s technological support have propelled them to remarkable heights. These stories showcase the transformative power of mutual fund distribution and how NJ Wealth equips its partners with the tools and resources needed to thrive in the industry.
From Challenges to Triumphs: NJ Wealth Mutual Fund Distribution Partner Makrand Vipat Lead the Way in Pune
Makrand’s journey as a mutual fund distributor in Pune began in 2010, amidst a landscape where mutual funds were not widely embraced. With a determination to educate clients about investment benefits, he recalls, “People mostly invested in fixed deposits or real estate.” The pivotal moment came when he partnered with NJ Wealth, gaining access to a user-friendly platform that streamlined client management and reporting.
The COVID19 pandemic catalyzed a shift toward mutual funds, heightening awareness and interest. Leveraging NJ Wealth’s resources, Makrand conducts investment awareness seminars to educate potential investors. “Equity markets offer the highest returns compared to other asset classes,” he advises.
Today, his firm, MAAS Investments, manages assets worth approximately 650 crores and serves around 2,893 clients. Makrand emphasizes the value of early investment, stating, “The earlier they start, the larger their portfolio will grow.”
A Mother’s Legacy: Jignya’s Inspiring Journey with NJ Wealth from Mumbai
Jignya Vaid’s journey from artist to Mutual Fund Distributor with NJ Wealth is a testament to the transformative power of a mother’s influence. With a Master’s in Economics, she entered the financial world in 2008, despite having no prior experience. Today, she manages ₹240 crore in Assets Under Management and serves over 1,400 clients. Her success stems from building authentic relationships and a commitment to ongoing learning. Inspired by Jignya’s dedication, her daughter Bhakti chose to join the family business, highlighting the profound impact of Jignya’s career. Supported by NJ Wealth’s educational programs and resources, Jignya exemplifies how passion and dedication can lead to a fulfilling career in mutual fund distribution.
From Technology to Mutual Fund Distribution: Chennai’s Ramalingam’s Inspiring Journey with NJ Wealth
Shanmukar Sundaram Ramalingam, an NJ Wealth mutual fund distributor in Chennai, exemplifies adaptability. With a background in engineering and international experience, he transitioned to finance in 2007 after joining NJ Wealth. Initially facing challenges, he found support through NJ Wealth’s training and resources, which helped him navigate the mutual fund market.
Today, he manages ₹54 crore in assets and oversees a substantial SIP account of ₹54 lakh per month. Ramalingam remains optimistic about the growing Indian financial market and encourages young professionals to embrace emerging opportunities, showcasing how change can lead to extraordinary success.
From 9-to-9 Banking to Mutual Fund Distribution in Ahmedabad: Rohit Brahmbhatt’s Transformation
Rohit Brahmbhatt’s transition from a high-pressure banking career to mutual fund distribution with NJ Wealth in 2016 reflects his commitment to financial freedom and customer-centric service. Leaving his role as a branch manager, he launched Financial ABCD with his wife, Frena, managing ₹207 crores in Assets Under Management and a SIP book of ₹1.1 crore. Rohit credits NJ Wealth’s support for his success and embraces a balanced lifestyle with exercise and meditation. He advises young professionals to focus on impactful financial management rather than just profits, showcasing how aligning career choices with personal values can lead to fulfillment and societal benefit.
From CA to Community Leader: Kolkata’s Rinku Kejriwal Empowers Women with NJ Wealth
Rinku Kejriwal’s inspiring journey from Chartered Accountant to mutual fund distributor with NJ Wealth showcases resilience and empowerment. After setting aside her dream of becoming a doctor, she qualified as a CA in 2001 and later discovered her passion for mutual fund distribution through a family friend.
Rinku is dedicated to empowering women, helping homemakers recognize their financial potential and make informed investment decisions. At NJ Wealth, she found a user-friendly platform that has enhanced her business management. With impressive growth in her Assets Under Management and SIP book, Rinku emphasizes honesty and mentors young girls aspiring to enter the industry. Her story highlights the significant impact of women in the economy.
Uday Sangaonkar’s Rise from LIC Agent to Mutual Fund Distributor with NJ Wealth
Uday Sangaonkar’s transformation from LIC agent to a successful mutual fund distributor in Goa highlights his client-centric approach and partnership with NJ Wealth. Initially focused on insurance, Uday’s perspective shifted upon discovering mutual funds as a wealth-building tool. Committing fully to mutual fund distribution in 2016, he now manages nearly ₹90 crores in Assets Under Management and serves over 700 clients.
His success stems from continuous education and effective communication, supported by NJ Wealth’s resources. Uday plans to expand by opening a new office in Madgaon to meet the growing demand for financial education. He attributes his achievements to NJ Wealth, stating, “Without their support, I wouldn’t have reached this level.”
This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
