Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
15.09(-0.41%)Fund Size (CR)
₹640.09Expense Ratio
0.24Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
9.51%
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 | August 25, 2026 | 9981.49 | -0.19% | - | -0.73% | 440/1292 |
| 1 Month | July 31, 2026 | 10039.75 | 0.40% | - | 0.08% | 577/1283 |
| 3 Month | June 1, 2026 | 10747.61 | 7.48% | - | 3.93% | 148/1259 |
| 6 Month | February 27, 2026 | 9531.69 | -4.68% | - | 2.74% | 1091/1205 |
| 1 Year | September 1, 2025 | 10666.97 | 6.67% | 6.67% | 5.08% | 325/1142 |
| 3 Year | September 1, 2023 | 13124.03 | 31.24% | 9.48% | 10.30% | 216/615 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 15155.10 | 51.55% | 9.51% | 7.44% | 411/1298 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | October 1, 2025 | 1,20,000 | 120875.36 | 0.73% | 0.73% |
| 3 Year | October 3, 2023 | 3,60,000 | 397736.35 | 10.48% | 3.38% |
| 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 | 18.20% | 1557081 | 116.49 | Equity | Banks |
| ICICI Bank | 14.86% | 662534 | 95.10 | Equity | Banks |
| SBI | 10.08% | 628302 | 64.55 | Equity | Banks |
| Kotak Mah. Bank | 9.31% | 1527623 | 59.62 | Equity | Banks |
| Axis Bank | 8.81% | 458714 | 56.40 | Equity | Banks |
| Federal Bank | 7.29% | 1299795 | 46.64 | Equity | Banks |
| IndusInd Bank | 5.49% | 347347 | 35.17 | Equity | Banks |
| AU Small Finance | 4.71% | 287901 | 30.15 | Equity | Banks |
| IDFC First Bank | 4.67% | 3527734 | 29.87 | Equity | Banks |
| Bank of Baroda | 3.58% | 944790 | 22.92 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 640.09 | 0.40% | 7.48% | -4.68% | 6.67% | 9.48% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3413.75 | 4.25% | -2.89% | 23.74% | 36.53% | 29.92% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3413.75 | 4.25% | -2.89% | 23.74% | 36.53% | 29.92% | |
| Motilal Oswal Nifty Capital Market Index Fund-Dir (G) | 625.48 | 1.60% | 0.62% | 17.28% | 27.90% | - | |
| Tata Nifty Capital Markets Index Fund-Dir (G) | 913.12 | 1.59% | 0.57% | 17.20% | 27.62% | - | |
| Tata Nifty Capital Markets Index Fund-Dir (IDCW) | 913.12 | 1.59% | 0.57% | 17.20% | 27.62% | - |
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)
₹640.09
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 ₹640.09 (Cr), as of September 2, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.51% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹15.09, as on September 2, 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 9.48% 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 99.97% in Equity, 0.03% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 99.66% in Banks, 0.34% 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