Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
14.55(0.76%)Fund Size (CR)
₹648.84Expense Ratio
0.23Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
8.20%
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 | September 28, 2026 | 10046.74 | 0.47% | - | -0.80% | 46/1295 |
| 1 Month | September 4, 2026 | 9537.91 | -4.62% | - | -3.87% | 546/1277 |
| 3 Month | July 3, 2026 | 9458.78 | -5.41% | - | -3.11% | 810/1246 |
| 6 Month | April 2, 2026 | 10673.78 | 6.74% | - | 5.76% | 369/1196 |
| 1 Year | October 3, 2025 | 9879.22 | -1.21% | -1.21% | -0.23% | 646/1137 |
| 3 Year | October 5, 2023 | 12576.18 | 25.76% | 7.93% | 8.87% | 199/602 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 14444.50 | 44.44% | 8.20% | 5.08% | 357/1295 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | November 3, 2025 | 1,20,000 | 116689.32 | -2.76% | -2.76% |
| 3 Year | November 1, 2023 | 3,60,000 | 381051.05 | 5.85% | 1.91% |
| 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
4.91%
Standard Deviation
1.00%
Beta
0.21%
Sharpe Ratio
-0.01%
Treynor's Ratio
-0.24%
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 | 17.02% | 1557842 | 110.45 | Equity | Banks |
| ICICI Bank | 14.85% | 662858 | 96.38 | Equity | Banks |
| SBI | 10.27% | 628608 | 66.63 | Equity | Banks |
| Kotak Mah. Bank | 9.88% | 1528371 | 64.10 | Equity | Banks |
| Axis Bank | 9.20% | 458938 | 59.66 | Equity | Banks |
| Federal Bank | 7.15% | 1300430 | 46.39 | Equity | Banks |
| IndusInd Bank | 5.44% | 347516 | 35.33 | Equity | Banks |
| AU Small Finance | 4.82% | 288041 | 31.29 | Equity | Banks |
| IDFC First Bank | 4.68% | 3529474 | 30.34 | Equity | Banks |
| Bank of Baroda | 3.48% | 945249 | 22.55 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 648.84 | -4.62% | -5.41% | 6.74% | -1.21% | 7.93% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3581.43 | 6.10% | 3.56% | 28.58% | 32.94% | 33.69% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3581.43 | 6.10% | 3.56% | 28.58% | 32.94% | 33.69% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4593.76 | 2.65% | 5.10% | 22.15% | 25.83% | 28.53% | |
| Motilal Oswal Nifty Capital Market Index Fund-Dir (G) | 679.15 | -5.26% | -7.24% | 15.97% | 21.22% | - | |
| Tata Nifty Capital Markets Index Fund-Dir (G) | 979.60 | -5.16% | -7.15% | 16.06% | 21.09% | - |
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)
₹648.84
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 ₹648.84 (Cr), as of October 6, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 8.20% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹14.55, as on October 6, 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 7.93% 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 99.99% in Equity, 0.01% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 99.99% in Banks, 0.01% 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