Archive · 6 Oct 2026
NJ Group Says Investor Education Laid Foundation for Growth
The article says Neeraj Choksi and Jignesh Desai began a financial services business in Surat in 1994.
At first, they taught people about investing because many people were unfamiliar with mutual funds.
Their business later grew into the NJ Group, which works in several financial and other sectors.
NJ Wealth is the group’s financial distribution platform.
The article says it works with many distributors across India.
It reports that the platform had more than 47 lakh investors as of August 31, 2026.
The founders say they want to help more people build wealth and support independent distributors with technology and training.
This account was provided as a press release, and the article notes that the publisher is not responsible for its contents.
The article says Neeraj Choksi and Jignesh Desai started their financial services initiative in Surat in 1994.
The founders initially focused on financial literacy and investor empowerment amid low awareness of mutual funds.
The article describes NJ Group as operating in distribution, asset management, insurance broking, NBFC, technology, training and development, and FMCG.
As of August 31, 2026, NJ Wealth had ₹3,19,829 crore in assets mobilised across various asset management companies, according to the article.
The article reports that NJ Wealth had 56,911 active distributors serving 47,33,408 investors, while NJ Group had 2,706 employees and a presence in more than 250 locations.
- Who
- NJ Group founders Neeraj Choksi and Jignesh Desai.
- What
- A press release recounts the group’s beginnings in investor education and its reported expansion into a diversified business.
- When
- The founders started the initiative in 1994; figures cited are dated August 31, 2026.
- Where
- The initiative began in Surat, Gujarat, India; the group reports a presence across more than 250 locations.
- Why
- The founders aimed to promote financial literacy and long-term investing, and the article says they seek to expand wealth-building opportunities.
- Founding year
- 1994
- Starting location
- Surat, Gujarat
- NJ Wealth assets
- ₹3,19,829 crore as of August 31, 2026, mobilised across various asset management companies
- Active distributors
- 56,911, according to the article
- Investors served
- 47,33,408, according to the article
- Group employees
- 2,706, according to the article
- Group presence
- More than 250 locations, according to the article
- Source note
- The article identifies the content as a press release provided by VMPL and says the publisher is not responsible for it.