NJ Multi Factor+ Model is created by combining all the four single factor models and equally allocating among all. The weights are rebalanced on a half yearly basis.

• Source : Internal research, Bloomberg, CMIE, National Stock Exchange

• Calculations are for the period 30th September 2006 to 30th November 2023.

• NJ Traditional Value Model, NJ Enhanced Value Model, NJ Quality+ Model, NJ Momentum+ Model, NJ Low Volatility+ Model and NJ Multi-Factor+ Model are proprietary methodologies developed by NJ Asset Management Private Limited. The methodologies will keep evolving with new insight based on the ongoing research and will be updated accordingly from time to time.

• Past performance may or may not be sustained in future and is not an indication of future return.

• Source : Internal research, Bloomberg, National Stock Exchange

• Calculations are for the period September 2006 to 30th November 2023.

• NJ Traditional Value Model, NJ Enhanced Value Model, NJ Quality+ Model, NJ Momentum+ Model, NJ Low Volatility+ Model and NJ Multi-Factor+ Model are proprietary methodologies developed by NJ Asset Management Private Limited. The methodologies will keep evolving with new insight based on the ongoing research and will be updated accordingly from time to time.

• Past performance may or may not be sustained in future and is not an indication of future return.

• Source: Internal research, Bloomberg, CMIE, National Stock Exchange

• 5-Yr CAGRs are calculated for the period 30th September 2006 to 30th November 2023 and have been rolled on a daily basis.

• Past performance may or may not be sustained in future and is not an indication of future return.

• NJ Multi-factor+ Model is a proprietary methodology developed by NJ Asset Management Private Limited. The methodology will keep evolving with new insight based on the ongoing research and will be updated accordingly from time to time.

• Source: Internal research, Bloomberg, CMIE, National Stock Exchange

• 10-Yr CAGRs are calculated for the period 30th September 2006 to 30th November 2023 and have been rolled on a daily basis.

• Past performance may or may not be sustained in future and is not an indication of future return.

• NJ Multi-factor+ Model is a proprietary methodology developed by NJ Asset Management Private Limited. The methodology will keep evolving with new insight based on the ongoing research and will be updated accordingly from time to time.