Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
14.96(-0.58%)Fund Size (CR)
₹637.86Expense Ratio
0.22Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
9.56%
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 20, 2026 | 9851.65 | -1.48% | - | -0.31% | 1213/1279 |
| 1 Month | June 25, 2026 | 9812.65 | -1.87% | - | 0.62% | 1156/1273 |
| 3 Month | April 27, 2026 | 10187.88 | 1.88% | - | 2.16% | 508/1243 |
| 6 Month | January 27, 2026 | 9671.82 | -3.28% | - | 3.13% | 987/1199 |
| 1 Year | July 25, 2025 | 10138.39 | 1.38% | 1.38% | 3.22% | 762/1113 |
| 3 Year | July 27, 2023 | 12701.22 | 27.01% | 8.29% | 10.44% | 226/607 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 15047.90 | 50.48% | 9.56% | 7.28% | 405/1279 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | August 1, 2025 | 1,20,000 | 120990.77 | 0.83% | 0.83% |
| 3 Year | August 1, 2023 | 3,60,000 | 400267.44 | 11.19% | 3.60% |
| 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
0.29%
Sharpe Ratio
-0.01%
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 | 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 | -1.87% | 1.88% | -3.28% | 1.38% | 8.29% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3611.38 | -1.93% | 5.42% | 15.71% | 35.19% | 28.99% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3611.38 | -1.93% | 5.42% | 15.71% | 35.19% | 28.98% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4487.09 | 2.36% | 5.30% | 11.33% | 28.97% | 24.44% | |
| Motilal Oswal Nifty MidSmall Financial Services Index Fund-Dir (G) | 108.54 | 0.05% | 4.39% | 8.54% | 20.98% | - | |
| Motilal Oswal Nifty Capital Market Index Fund-Dir (G) | 596.75 | -2.55% | 1.73% | 16.59% | 19.28% | - |
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 July 28, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.56% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹14.96, as on July 28, 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 8.29% 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