Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
14.86(-0.85%)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
9.21%
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 1, 2026 | 9889.54 | -1.10% | - | -0.54% | 914/1295 |
| 1 Month | August 7, 2026 | 9832.84 | -1.67% | - | -1.46% | 680/1280 |
| 3 Month | June 8, 2026 | 10546.70 | 5.47% | - | 4.09% | 308/1256 |
| 6 Month | March 6, 2026 | 9875.27 | -1.25% | - | 4.29% | 998/1206 |
| 1 Year | September 8, 2025 | 10513.85 | 5.14% | 5.14% | 4.00% | 639/1139 |
| 3 Year | September 8, 2023 | 12772.23 | 27.72% | 8.49% | 9.58% | 210/614 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 14987.70 | 49.88% | 9.21% | 7.14% | 410/1297 |
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 | 119017.26 | -0.82% | -0.82% |
| 3 Year | October 3, 2023 | 3,60,000 | 391622.32 | 8.78% | 2.85% |
| 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
4.78%
Standard Deviation
1.00%
Beta
0.36%
Sharpe Ratio
0.02%
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 | -1.67% | 5.47% | -1.25% | 5.14% | 8.49% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3413.75 | -1.52% | -4.17% | 20.46% | 33.85% | 29.56% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3413.75 | -1.52% | -4.17% | 20.46% | 33.85% | 29.56% | |
| Motilal Oswal Nifty India Defence Index Fund-Dir (G) | 5176.93 | 2.78% | 11.41% | 17.16% | 32.69% | - | |
| Aditya Birla SL Nifty India Defence Index Fund-Dir (G) | 1283.99 | 2.79% | 11.46% | 17.25% | 32.69% | - | |
| Aditya Birla SL Nifty India Defence Index Fund-Dir (IDCW) | 1283.99 | 2.79% | 11.46% | 17.25% | 32.68% | - |
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 9, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.21% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹14.86, as on September 9, 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 8.49% 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