Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
14.51(-0.92%)Fund Size (CR)
₹613.17Expense Ratio
0.23Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
8.45%
Basic Details
Scheme Manager
Rushabh Patel
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 | October 12, 2026 | 10103.46 | 1.03% | - | 0.65% | 370/1305 |
| 1 Month | September 18, 2026 | 9846.33 | -1.54% | - | -2.36% | 490/1277 |
| 3 Month | July 17, 2026 | 9495.09 | -5.05% | - | -3.15% | 729/1248 |
| 6 Month | April 17, 2026 | 9863.44 | -1.37% | - | -1.09% | 541/1203 |
| 1 Year | October 17, 2025 | 9649.79 | -3.50% | -3.50% | -1.94% | 640/1134 |
| 3 Year | October 19, 2023 | 12888.43 | 28.88% | 8.82% | 8.76% | 174/606 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 14647.70 | 46.48% | 8.45% | 5.05% | 336/1305 |
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 | 116358.19 | -3.03% | -3.03% |
| 3 Year | November 1, 2023 | 3,60,000 | 379969.73 | 5.55% | 1.82% |
| 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 | 18.63% | 1611556 | 114.21 | Equity | Banks |
| ICICI Bank | 14.19% | 658349 | 87.01 | Equity | Banks |
| Kotak Mah. Bank | 10.21% | 1501131 | 62.60 | Equity | Banks |
| Axis Bank | 10.06% | 503266 | 61.70 | Equity | Banks |
| SBI | 9.93% | 634717 | 60.90 | Equity | Banks |
| Federal Bank | 6.57% | 1268471 | 40.26 | Equity | Banks |
| IndusInd Bank | 4.97% | 338267 | 30.49 | Equity | Banks |
| AU Small Finance | 4.85% | 294531 | 29.76 | Equity | Banks |
| IDFC First Bank | 4.54% | 3421345 | 27.86 | Equity | Banks |
| Bank of Baroda | 3.59% | 955767 | 22.04 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 613.17 | -1.54% | -5.05% | -1.37% | -3.50% | 8.82% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3738.17 | -1.48% | 1.48% | 13.00% | 28.08% | 31.44% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3738.17 | -1.48% | 1.48% | 13.00% | 28.08% | 31.44% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4584.30 | -0.47% | 1.71% | 10.45% | 24.75% | 27.28% | |
| ICICI Pru Nifty Pharma Index Fund-Dir (G) | 163.10 | -4.12% | -0.12% | 13.99% | 15.23% | 18.86% | |
| ICICI Pru Nifty Pharma Index Fund-Dir (IDCW) | 163.10 | -4.12% | -0.12% | 13.99% | 15.23% | 18.86% |
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)
₹613.17
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 Rushabh Patel. With assets under management (AUM) worth ₹613.17 (Cr), as of October 21, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 8.45% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹14.51, as on October 21, 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 8.82% 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 100.05% in Equity, -0.05% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 100.05% in Banks, -0.05% 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