Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
14.92(-0.94%)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
9.61%
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 15, 2026 | 9891.75 | -1.08% | - | -0.20% | 1120/1275 |
| 1 Month | June 22, 2026 | 9861.17 | -1.39% | - | 0.02% | 1047/1271 |
| 3 Month | April 22, 2026 | 10041.14 | 0.41% | - | 1.47% | 898/1243 |
| 6 Month | January 22, 2026 | 9679.38 | -3.21% | - | 2.32% | 967/1199 |
| 1 Year | July 22, 2025 | 10112.14 | 1.12% | 1.12% | 2.05% | 672/1113 |
| 3 Year | July 21, 2023 | 12597.00 | 25.97% | 7.98% | 10.47% | 229/607 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 15058.70 | 50.59% | 9.61% | 7.23% | 398/1279 |
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 | 120645.44 | 0.54% | 0.54% |
| 3 Year | August 1, 2023 | 3,60,000 | 399125.01 | 10.87% | 3.50% |
| 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 | -1.39% | 0.41% | -3.21% | 1.12% | 7.98% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3611.38 | -2.17% | 13.36% | 20.98% | 40.11% | 30.42% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3611.38 | -2.17% | 13.36% | 20.98% | 40.11% | 30.42% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4487.09 | 2.19% | 9.48% | 14.86% | 33.16% | 25.07% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(G) | 188.90 | 8.18% | 15.07% | 15.88% | 20.61% | 20.38% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(IDCW) | 188.90 | 8.18% | 15.07% | 15.88% | 20.61% | 20.38% |
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 23, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.61% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹14.92, as on July 23, 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 7.98% 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: 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