Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
14.63(-1.97%)Fund Size (CR)
₹648.84Expense Ratio
0.24Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
9.02%
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 16, 2026 | 10045.23 | 0.45% | - | 1.33% | 809/1299 |
| 1 Month | August 21, 2026 | 9788.38 | -2.12% | - | -1.69% | 759/1289 |
| 3 Month | June 23, 2026 | 9902.41 | -0.98% | - | 0.59% | 923/1264 |
| 6 Month | March 23, 2026 | 11051.04 | 10.51% | - | 10.07% | 492/1210 |
| 1 Year | September 23, 2025 | 10221.53 | 2.22% | 2.22% | 1.72% | 650/1143 |
| 3 Year | September 22, 2023 | 12877.07 | 28.77% | 8.78% | 9.63% | 202/614 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 14926.20 | 49.26% | 9.02% | 6.64% | 389/1305 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | October 1, 2025 | 1,20,000 | 117195.99 | -2.34% | -2.34% |
| 3 Year | October 3, 2023 | 3,60,000 | 385629.51 | 7.12% | 2.32% |
| 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 | 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 | -2.12% | -0.98% | 10.51% | 2.22% | 8.78% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3581.43 | 4.90% | 2.57% | 31.82% | 34.73% | 34.12% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3581.43 | 4.90% | 2.57% | 31.82% | 34.73% | 34.12% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4593.76 | 0.48% | 5.75% | 19.98% | 25.22% | 27.44% | |
| Motilal Oswal Nifty Capital Market Index Fund-Dir (G) | 679.15 | -1.07% | -2.30% | 26.35% | 24.78% | - | |
| Tata Nifty Capital Markets Index Fund-Dir (G) | 979.60 | -1.07% | -2.34% | 26.27% | 24.51% | - |
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 September 24, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.02% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹14.63, as on September 24, 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 8.78% 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: 99.66% 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