Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
15.14(-0.02%)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
9.48%
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 | August 28, 2026 | 9977.67 | -0.22% | - | -0.89% | 495/1293 |
| 1 Month | August 4, 2026 | 9909.25 | -0.91% | - | -0.90% | 692/1280 |
| 3 Month | June 4, 2026 | 10608.74 | 6.09% | - | 3.45% | 156/1256 |
| 6 Month | March 4, 2026 | 9813.06 | -1.87% | - | 4.92% | 1085/1206 |
| 1 Year | September 4, 2025 | 10645.28 | 6.45% | 6.45% | 4.46% | 334/1139 |
| 3 Year | September 4, 2023 | 13073.01 | 30.73% | 9.33% | 10.07% | 209/614 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 15144.30 | 51.44% | 9.48% | 7.28% | 397/1297 |
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 | 121291.83 | 1.08% | 1.08% |
| 3 Year | October 3, 2023 | 3,60,000 | 399106.74 | 10.86% | 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
4.78%
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 | -0.91% | 6.09% | -1.87% | 6.45% | 9.33% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (G) | 3413.75 | 1.59% | -4.94% | 21.75% | 34.86% | 29.48% | |
| ICICI Pru NASDAQ 100 Index Fund - Direct (IDCW) | 3413.75 | 1.59% | -4.94% | 21.75% | 34.86% | 29.48% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4499.85 | 1.05% | 1.35% | 16.41% | 29.24% | 25.35% | |
| Motilal Oswal Nifty India Defence Index Fund-Dir (G) | 5176.93 | 3.11% | 7.11% | 20.01% | 28.73% | - | |
| Aditya Birla SL Nifty India Defence Index Fund-Dir (G) | 1283.99 | 3.12% | 7.16% | 20.06% | 28.73% | - |
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 4, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 9.48% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹15.14, as on September 4, 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 9.33% 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