Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
14.94(-0.45%)Fund Size (CR)
₹646.77Expense Ratio
0.16Scheme Type
Passive FundValue Research
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
12.58%
- 3M
- 6M
- 1Y
- 3Y
- All
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 | 2 July 2025 | 10038.12 | 0.38% | - | 0.03% | 152/1143 |
| 1 Month | 9 June 2025 | 10095.64 | 0.96% | - | 0.56% | 374/1115 |
| 3 Month | 9 April 2025 | 11437.26 | 14.37% | - | 11.58% | 338/1079 |
| 6 Month | 9 January 2025 | 11600.52 | 16.01% | - | 5.52% | 31/986 |
| 1 Year | 9 July 2024 | 10942.72 | 9.43% | 9.43% | 4.51% | 158/784 |
| 3 Year | 8 July 2022 | 16528.43 | 65.28% | 18.20% | 17.19% | 118/318 |
| 5 Year | - | - | 0% | - | 20.17% | -/- |
| Since Inception | 4 February 2022 | 15009.80 | 50.10% | 12.58% | 10.32% | 402/1143 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 August 2024 | 1,20,000 | 131596.79 | 9.66% | 9.66% |
| 3 Year | 1 August 2022 | 3,60,000 | 446613.53 | 24.06% | 7.45% |
| 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%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
4.15%
Standard Deviation
1.00%
Beta
0.94%
Sharpe Ratio
0.03%
Treynor's Ratio
-0.34%
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 | 26.76% | 889943 | 173.09 | Equity | Banks |
| ICICI Bank | 24.22% | 1083411 | 156.64 | Equity | Banks |
| Axis Bank | 8.09% | 438611 | 52.29 | Equity | Banks |
| St Bk of India | 7.97% | 634804 | 51.57 | Equity | Banks |
| Kotak Mah. Bank | 7.25% | 226087 | 46.91 | Equity | Banks |
| IndusInd Bank | 3.85% | 305187 | 24.93 | Equity | Banks |
| Federal Bank | 3.55% | 1136166 | 22.96 | Equity | Banks |
| Bank of Baroda | 3.31% | 858215 | 21.42 | Equity | Banks |
| IDFC First Bank | 3.02% | 2873020 | 19.53 | Equity | Banks |
| AU Small Finance | 2.79% | 260145 | 18.03 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 646.77 | 0.96% | 14.37% | 16.01% | 9.43% | 18.20% | |
| Kotak Nifty Financial Services Ex-Bank Index Fund-Dir (G) | 55.39 | -1.75% | 18.74% | 20.53% | 21.41% | - | |
| Kotak Nifty Financial Services Ex-Bank Index Fund-Dir (IDCW) | 55.39 | -1.75% | 18.74% | 20.53% | 21.40% | - | |
| Tata Nifty MidSmall Healthcare Index Fund-Dir (G) | 136.35 | 3.72% | 12.73% | -0.68% | 18.48% | - | |
| Tata Nifty MidSmall Healthcare Index Fund-Dir (IDCW) | 136.35 | 3.72% | 12.73% | -0.68% | 18.48% | - | |
| Tata Nifty MidSmall Healthcare Index Fund-Dir (IDCW) RI | 136.35 | 3.72% | 12.73% | -0.68% | 18.48% | - |
List of Schemes under Navi Mutual Fund
News
Navi Mutual Fund to discontinue SIPs below Rs 100 all schemes for except ELSS funds
Navi Mutual Fund announces that all Investors / Unit holders that investors having existing Systematic Investment Plans (SIPs) with instalment amount less than Rs. 100 under all the existing schemes of Navi Mutual Fund shall have below options:' Investors registered with SIPs of less than ₹100 per instalment are given an option to top-up their Instalment amount to ₹100 or above till July 31, 2025 (applicable across all frequencies and all plans of all schemes of Navi Mutual Fund except ELSS funds).
' Investors may choose to voluntarily cancel their SIPs at any time on or before July 31, 2025, through the existing SIP cancellation process.
' In case no action is taken by the investor on or before July 31, 2025, such SIPs shall be automatically cancelled with effect from August 01, 2025.
Powered by Capital Market - Live News
Navi Mutual Fund announces change in scheme name
Navi Mutual Fund has announced change in scheme name under the following scheme, with immediate effect.Change in the name of the Scheme:
Existing Scheme Name Revised Scheme Name Navi Nasdaq 100 Fund of Fund Navi US Nasdaq100 FOF Powered by Capital Market - Live News
Navi Mutual Fund announces change in Key Personnel
Navi Mutual Fund has announced that Mr. Sanjay Pantula has been appointed as an Chief Risk Officer on the Board of the Trustee Company with effect from April 01, 2025.Details of Mr. Sanjay Pantula,
Age: 39 years
Designation: Chief Risk Officer
Qualification:' MS in Finance from ICFAI University, Dehradun
Bachelor's of Commerce (Accountancy) from Ranchi UniversityPowered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
17 January 2022
Total AUM (Cr)
₹634.37
Navi Nifty Bank Index Fund - Direct (G) is an Index Fund-oriented fund from the renowned AMC, Navi Mutual Fund. Launched in 17 January 2022, this fund is managed by Ashutosh Shirwaikar. With assets under management (AUM) worth ₹634.37 (Cr), as of 10 July 2025, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 12.58% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹14.94, as on 10 July 2025. 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:
Nil The fund has generated 18.20% 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 96.19% in Equity, 3.81% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 100.10% in Banks, -0.10% in Cash & Others
FAQs
How to Invest in Navi Nifty Bank Index Fund - Direct (G) Direct Growth?
Navi Nifty Bank Index Fund - Direct (G) is a popular fund in the Index Fund segment. The fund has generated a return of 12.58% since inception. Looking to invest in Navi Nifty Bank Index Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Navi Nifty Bank Index Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Navi Nifty Bank Index Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Navi Nifty Bank Index Fund - Direct (G) today and reap the benefits of this Index Fund fund!
How much returns has Navi Nifty Bank Index Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Navi Nifty Bank Index Fund - Direct (G) Direct Growth?
What is the AUM of Navi Nifty Bank Index Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Navi Nifty Bank Index Fund - Direct (G) Direct Growth?
Redeeming or selling units of Navi Nifty Bank Index Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Navi Nifty Bank Index Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Navi Nifty Bank Index Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).