NJ Mutual Fund: Meet Our Experienced AMC Directors

AMC Board

Mr. Niraj Choksi
(Chairman and Director - AMC Board)

Mr. Niraj Ravindra Choksi is the co-founder & promoter of the NJ Group, a diversified business Group, headquartered in Surat and has more than 26 years of rich experience in the financial services industry.

NJ Group has presence in businesses like Real Estate, Asset Management, PMS, Insurance Broking and Training. The Group is primarily engaged in the financial services industry wherein it has one of the largest networks of financial advisors in India. As the visionary founder of NJ Technologies, Mr. Niraj Choksi has been involved in providing guidance to and shaping the future of the technology business.

Mr. Vineet Nayyar
(Director & Chief Executive Officer)

Mr. Vineet Nayyar is a seasoned asset management professional with over two decades of rich and varied experience spanning operations, finance, business strategy, and technology. His career reflects a distinctive blend of exposure , having worked across both high-growth start-ups and established global institutions, bringing a well-rounded, multi-dimensional perspective to leadership.

A Chartered Accountant and Cost Accountant by qualification, Mr. Nayyar is also a Commerce Graduate from Lucknow University. He joined NJ Asset Management Private Limited in August 2020, initially serving as Chief Operating Officer and Chief Financial Officer, before being elevated to his current role as Director and Chief Executive Officer. Prior to NJ AMC, he has been associated with HDFC Asset Management Pvt. Ltd., Fidelity Fund Management Pvt. Ltd., and BNP Paribas Asset Management Pvt. Ltd.

Mr. Nirmay Choksi
(Executive Director - Research)

Mr. Nirmay Choksi is a CFA Charterholder and holds a B.Sc. in Accounting & Finance (Honours) from The University of Warwick. He has been a foundational member of NJ Asset Management's investment research function since its very inception, having begun his career with the organisation as a Research Analyst.

Over the years, Mr. Choksi has played a defining role in shaping the AMC's research capabilities, most notably in the design and development of the NJ Smart Beta Research Platform, the AMC's proprietary in-house platform used for backtesting and evaluating rule-based portfolio strategies. He has also been instrumental in building and institutionalising several key research processes that shapes NJ Mutual Fund's investment philosophy. In addition to his research responsibilities, Mr. Choksi heads the Business Intelligence Unit (BIU).

Prior to joining NJ Asset Management, he gained early industry experience as a Financial Data Analyst at ETFGl, a leading UK-based data provider specialising in ETFs and ETPs.

Gen. Bikram Singh (retd.)
(Independent Director)

General Bikram Singh, the former Chief of the Indian Army (COAS) superannuated on 31 July 2014. During his military career of over 42 years, he held a number of key appointments both in India and overseas. Before taking over as the COAS, he commanded the Eastern Army that is responsible for the Chinese border and counter insurgency operations in the North-eastern States. He also commanded the prestigious Srinagar based 15 Corps that is responsible for the counter proxy war operations in the Kashmir Valley.

He has vast experience of operating in the international milieu. Besides one year at the USAWC, he served in three UN missions. Two in Central America (ONUCA & ONUSAL) and the third in Democratic Republic of Congo (MONUC). In MONUC, he commanded a multinational Division comprising over 12,500 personnel from 25 countries.

An eloquent speaker, he won the public speaking award at USAWC and was Army's spokesperson during the Kargil war. He has lectured on Geopolitical & Strategic Affairs, Leadership, Management and Strategy to both domestic and international audiences. He also writes columns on above subjects in domestic magazines and newspapers.

For his distinguished and dedicated services, the President of India awarded him with the PVSM, UYSM, AVSM, SM and VSM. The US Government awarded him 'Legion of Merit' in 2013.

Mr. Imtiyazahmed Peerzada
(Independent Director)

Mr. Imtiyazahmed Peerzada is a former officer of Indian Administrative Service (IAS) and has over 30 years of rich experience in handling administrative, financial and development activities of various government departments.

During his journey so far, Mr. Peerzada engaged himself in development, management and regulating various schools, colleges, institutions, rural villages, districts, infrastructure, textile, agriculture, irrigation, health, social welfare and has successfully transformed the life of millions of students and tribal population. He has depicted marvellous skills in handling the functions and activities of finance, budget, asset, revenue generation, HR, legal and governance for various government schemes and organisations.

Mr. Sanjay Naik
(Independent Director)

Mr. Sanjay Dattatraya Naik by qualification is C.A.I.I.B and MBA (Banking & finance). Mr. Naik has more than 34 years of experience in Banking services. Mr. Naik started his career with State Bank of India in 1987 and retired as Deputy Managing Director and GE (International Banking). Currently, he is Independent Director on the Board of Foods & Inns Ltd and Director on Board of Management with Saraswat Coop Bank Ltd.