Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
15.36(0.61%)Fund Size (CR)
₹604.23Expense Ratio
0.22Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
10.07%
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 | June 25, 2026 | 9958.14 | -0.42% | - | 0.55% | 1167/1271 |
| 1 Month | June 3, 2026 | 10721.46 | 7.21% | - | 2.86% | 61/1263 |
| 3 Month | April 2, 2026 | 11284.52 | 12.85% | - | 9.10% | 331/1223 |
| 6 Month | January 2, 2026 | 9659.57 | -3.40% | - | -0.49% | 853/1194 |
| 1 Year | July 3, 2025 | 10250.09 | 2.50% | 2.50% | 1.77% | 607/1095 |
| 3 Year | July 3, 2023 | 13020.53 | 30.21% | 9.19% | 11.08% | 223/601 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 15271.00 | 52.71% | 10.07% | 7.43% | 395/1273 |
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 | 124251.59 | 3.54% | 3.54% |
| 3 Year | August 1, 2023 | 3,60,000 | 411055.04 | 14.18% | 4.52% |
| 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 | 17.82% | 1446437 | 107.69 | Equity | Banks |
| ICICI Bank | 13.55% | 651556 | 81.86 | Equity | Banks |
| Axis Bank | 10.22% | 479924 | 61.75 | Equity | Banks |
| Kotak Mah. Bank | 9.75% | 1533343 | 58.91 | Equity | Banks |
| SBI | 9.02% | 564906 | 54.48 | Equity | Banks |
| Federal Bank | 6.34% | 1326685 | 38.33 | Equity | Banks |
| IndusInd Bank | 5.37% | 354952 | 32.46 | Equity | Banks |
| AU Small Finance | 4.84% | 296951 | 29.24 | Equity | Banks |
| Bank of Baroda | 4.44% | 999902 | 26.85 | Equity | Banks |
| IDFC First Bank | 4.24% | 3594696 | 25.64 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 604.23 | 7.21% | 12.85% | -3.40% | 2.50% | 9.19% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3629.63 | -4.22% | 24.63% | 23.06% | 43.76% | 30.94% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3629.63 | -4.22% | 24.63% | 23.06% | 43.76% | 30.94% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4580.36 | -1.37% | 16.22% | 15.38% | 33.35% | 25.26% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(G) | 178.14 | 8.94% | 15.98% | 11.22% | 19.22% | 21.01% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(IDCW) | 178.14 | 8.94% | 15.98% | 11.22% | 19.22% | 21.01% |
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)
₹604.23
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 ₹604.23 (Cr), as of July 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 10.07% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹15.36, as on July 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 9.19% 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 99.39% in Equity, 0.61% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 100.14% in Banks, -0.14% 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