Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
15.43(-1.82%)Fund Size (CR)
₹665.78Expense Ratio
0.16Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
11.74%
Basic Details
Scheme Manager
Ashutosh Shirwaikar
Bench Mark
Nifty Bank TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 23 February 2026 | 9765.28 | -2.35% | - | -1.65% | 737/1229 |
| 1 Month | 2 February 2026 | 10205.37 | 2.05% | - | 0.36% | 244/1221 |
| 3 Month | 2 December 2025 | 10084.37 | 0.84% | - | -2.30% | 448/1196 |
| 6 Month | 2 September 2025 | 11133.61 | 11.34% | - | 1.45% | 39/1168 |
| 1 Year | 28 February 2025 | 12443.38 | 24.43% | 24.43% | 12.92% | 66/1010 |
| 3 Year | 2 March 2023 | 15056.08 | 50.56% | 14.60% | 13.57% | 190/558 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | 4 February 2022 | 15718.10 | 57.18% | 11.74% | 7.11% | 346/1231 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 April 2025 | 1,20,000 | 124772.23 | 3.98% | 3.98% |
| 3 Year | 3 April 2023 | 3,60,000 | 424876.50 | 18.02% | 5.68% |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
Monthly Investment (₹)
Expected Returns Rate (%)
Time Period (in Years)
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
3.68%
Standard Deviation
1.00%
Beta
0.52%
Sharpe Ratio
0.07%
Treynor's Ratio
-0.32%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| HDFC Bank | 22.07% | 1581459 | 146.96 | Equity | Banks |
| ICICI Bank | 18.22% | 895211 | 121.30 | Equity | Banks |
| SBI | 10.45% | 645760 | 69.56 | Equity | Banks |
| Axis Bank | 10.08% | 489527 | 67.08 | Equity | Banks |
| Kotak Mah. Bank | 8.87% | 1448063 | 59.08 | Equity | Banks |
| Federal Bank | 5.03% | 1163171 | 33.47 | Equity | Banks |
| IndusInd Bank | 4.16% | 309172 | 27.70 | Equity | Banks |
| Bank of Baroda | 3.87% | 860860 | 25.77 | Equity | Banks |
| IDFC First Bank | 3.79% | 3018273 | 25.23 | Equity | Banks |
| AU Small Finance | 3.77% | 255671 | 25.12 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 665.78 | 2.05% | 0.84% | 11.34% | 24.43% | 14.60% | |
| Motilal Oswal Nifty India Defence Index Fund-Dir (G) | 4062.11 | 4.20% | 2.76% | 6.82% | 59.43% | - | |
| Aditya Birla SL Nifty India Defence Index Fund-Dir (IDCW) | 855.80 | 4.21% | 2.77% | 6.77% | 59.00% | - | |
| Aditya Birla SL Nifty India Defence Index Fund-Dir (G) | 855.80 | 4.21% | 2.77% | 6.77% | 59.00% | - | |
| Motilal Oswal Nifty Capital Market Index Fund-Dir (G) | 337.89 | 0.64% | -4.38% | 7.89% | 47.14% | - | |
| Tata Nifty Capital Markets Index Fund-Dir (G) | 476.22 | 0.58% | -4.51% | 7.72% | 46.79% | - |
List of Schemes under Navi Mutual Fund
News
Navi Mutual Fund announces change in scheme name
Navi Mutual Fund has announced change in scheme name under the following schemes, with immediate effect:Change in the name of the Scheme:
Existing Scheme Name Revised Scheme Name Navi US Nasdaq 100 FoF Navi Nasdaq100 US Specific Equity Passive FOF Navi US Total Stock Market FoF Navi Total Stock Market US Specific Equity Passive FoF Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
17 January 2022
Total AUM (Cr)
₹665.78
Navi Nifty Bank Index Fund - Direct (G) is an Index Fund-oriented fund from the renowned AMC, Navi Mutual Fund. Launched in 17 January 2022, this fund is managed by Ashutosh Shirwaikar. With assets under management (AUM) worth ₹665.78 (Cr), as of 4 March 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 11.74% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹15.43, as on 4 March 2026. The fund's benchmark index is Nifty Bank TRI. You can invest in Navi Nifty Bank Index Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 14.60% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 100.25% in Equity, -0.25% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 100.25% in Banks, -0.25% in Cash & Others