Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
15.30(0.85%)Fund Size (CR)
₹604.23Expense Ratio
0.18Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
9.92%
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 | June 23, 2026 | 10062.49 | 0.62% | - | -0.11% | 77/1271 |
| 1 Month | May 29, 2026 | 10637.89 | 6.38% | - | 1.24% | 11/1263 |
| 3 Month | March 30, 2026 | 11492.18 | 14.92% | - | 9.73% | 325/1223 |
| 6 Month | December 30, 2025 | 9749.69 | -2.50% | - | -0.06% | 854/1194 |
| 1 Year | June 30, 2025 | 10088.26 | 0.88% | 0.88% | 0.66% | 610/1095 |
| 3 Year | June 30, 2023 | 13050.46 | 30.50% | 9.27% | 10.94% | 221/601 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 15167.50 | 51.68% | 9.92% | 7.01% | 386/1271 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | July 1, 2025 | 1,30,000 | 133852.83 | 2.96% | 2.96% |
| 3 Year | July 3, 2023 | 3,70,000 | 422288.34 | 14.13% | 4.50% |
| 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%.
Risk Ratios
4.74%
Standard Deviation
1.00%
Beta
0.19%
Sharpe Ratio
-0.02%
Treynor's Ratio
-0.31%
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 | 17.82% | 1446437 | 107.69 | Equity | Banks |
| ICICI Bank | 13.55% | 651556 | 81.86 | Equity | Banks |
| Axis Bank | 10.22% | 479924 | 61.75 | Equity | Banks |
| Kotak Mah. Bank | 9.75% | 1533343 | 58.91 | Equity | Banks |
| SBI | 9.02% | 564906 | 54.48 | Equity | Banks |
| Federal Bank | 6.34% | 1326685 | 38.33 | Equity | Banks |
| IndusInd Bank | 5.37% | 354952 | 32.46 | Equity | Banks |
| AU Small Finance | 4.84% | 296951 | 29.24 | Equity | Banks |
| Bank of Baroda | 4.44% | 999902 | 26.85 | Equity | Banks |
| IDFC First Bank | 4.24% | 3594696 | 25.64 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 604.23 | 6.38% | 14.92% | -2.50% | 0.88% | 9.27% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3629.63 | -2.89% | 28.33% | 22.38% | 45.45% | 31.84% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3629.63 | -2.89% | 28.33% | 22.38% | 45.45% | 31.84% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4580.36 | -1.35% | 18.40% | 14.83% | 33.80% | 25.07% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(G) | 178.14 | 5.91% | 12.31% | 10.74% | 19.38% | 21.02% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(IDCW) | 178.14 | 5.91% | 12.31% | 10.74% | 19.38% | 21.02% |
List of Schemes under Navi Mutual Fund
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
January 17, 2022
Total AUM (Cr)
₹604.23
Navi Nifty Bank Index Fund - Direct (G) is an Index Fund-oriented fund from the renowned AMC, Navi Mutual Fund. Launched in January 17, 2022, this fund is managed by Ashutosh Shirwaikar. With assets under management (AUM) worth ₹604.23 (Cr), as of July 1, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.92% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹15.3, as on July 1, 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 9.27% 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 99.39% in Equity, 0.61% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 100.14% in Banks, -0.14% in Cash & Others
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors