Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
15.24(-0.53%)Fund Size (CR)
₹637.86Expense Ratio
0.24Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
9.80%
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 | July 31, 2026 | 10097.65 | 0.98% | - | 1.02% | 532/1283 |
| 1 Month | July 7, 2026 | 9936.70 | -0.63% | - | 1.84% | 1199/1271 |
| 3 Month | May 7, 2026 | 10360.24 | 3.60% | - | 2.68% | 307/1241 |
| 6 Month | February 6, 2026 | 9649.29 | -3.51% | - | 3.31% | 990/1199 |
| 1 Year | August 7, 2025 | 10456.04 | 4.56% | 4.56% | 6.21% | 783/1113 |
| 3 Year | August 7, 2023 | 13109.01 | 31.09% | 9.43% | 10.99% | 220/603 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 15242.50 | 52.42% | 9.80% | 8.16% | 448/1283 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | September 1, 2025 | 1,20,000 | 122749.14 | 2.29% | 2.29% |
| 3 Year | September 1, 2023 | 3,60,000 | 404836.71 | 12.45% | 3.99% |
| 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
4.84%
Standard Deviation
1.00%
Beta
0.25%
Sharpe Ratio
0.00%
Treynor's Ratio
-0.26%
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 | 19.24% | 1538021 | 122.73 | Equity | Banks |
| ICICI Bank | 14.11% | 654424 | 90.00 | Equity | Banks |
| SBI | 9.99% | 620611 | 63.73 | Equity | Banks |
| Axis Bank | 9.56% | 453099 | 60.97 | Equity | Banks |
| Kotak Mah. Bank | 9.28% | 1508923 | 59.19 | Equity | Banks |
| Federal Bank | 6.64% | 1283883 | 42.37 | Equity | Banks |
| IndusInd Bank | 4.97% | 343095 | 31.71 | Equity | Banks |
| AU Small Finance | 4.62% | 284377 | 29.49 | Equity | Banks |
| IDFC First Bank | 4.34% | 3484569 | 27.70 | Equity | Banks |
| Bank of Baroda | 3.99% | 933222 | 25.42 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 637.86 | -0.63% | 3.60% | -3.51% | 4.56% | 9.43% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3611.38 | -1.36% | 2.70% | 23.26% | 36.61% | 30.22% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3611.38 | -1.36% | 2.70% | 23.26% | 36.61% | 30.22% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4487.09 | 2.09% | 5.44% | 16.98% | 32.26% | 25.77% | |
| SBI BSE PSU Bank Index Fund - Direct (G) | 348.33 | 5.93% | 2.34% | -1.17% | 26.15% | - | |
| SBI BSE PSU Bank Index Fund - Direct (IDCW) | 348.33 | 5.93% | 2.34% | -1.17% | 26.15% | - |
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)
₹637.86
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 ₹637.86 (Cr), as of August 7, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.80% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹15.24, as on August 7, 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 9.43% 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 99.66% in Equity, 0.34% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 99.39% in Banks, 0.61% 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