Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
16.24(1.19%)Fund Size (CR)
₹613.17Expense Ratio
0.23Scheme Type
Passive FundValue Research
-
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
10.42%
Basic Details
Scheme Manager
Rushabh Patel
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 | November 4, 2026 | 10872.87 | 8.73% | - | 3.02% | 13/1317 |
| 1 Month | October 9, 2026 | 11000.18 | 10.00% | - | 6.01% | 314/1293 |
| 3 Month | August 11, 2026 | 10582.53 | 5.83% | - | 0.16% | 36/1244 |
| 6 Month | May 11, 2026 | 11229.43 | 12.29% | - | 4.10% | 47/1202 |
| 1 Year | November 11, 2025 | 10495.18 | 4.95% | 4.95% | 2.65% | 358/1123 |
| 3 Year | November 10, 2023 | 14099.91 | 41.00% | 12.11% | 10.28% | 162/607 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 16046.40 | 60.46% | 10.42% | 7.34% | 384/1319 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | December 1, 2025 | 1,20,000 | 130751.91 | 8.96% | 8.96% |
| 3 Year | December 1, 2023 | 3,60,000 | 421692.85 | 17.14% | 5.41% |
| 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
4.85%
Standard Deviation
1.00%
Beta
0.25%
Sharpe Ratio
-0.03%
Treynor's Ratio
-0.24%
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% | 1605735 | 111.25 | Equity | Banks |
| ICICI Bank | 15.00% | 655971 | 91.70 | Equity | Banks |
| Kotak Mah. Bank | 11.30% | 1495709 | 69.04 | Equity | Banks |
| Axis Bank | 9.98% | 501448 | 61.03 | Equity | Banks |
| SBI | 9.95% | 632424 | 60.83 | Equity | Banks |
| Federal Bank | 7.02% | 1263888 | 42.93 | Equity | Banks |
| IndusInd Bank | 4.62% | 337045 | 28.24 | Equity | Banks |
| AU Small Finance | 4.15% | 293467 | 25.36 | Equity | Banks |
| IDFC First Bank | 4.02% | 3408971 | 24.54 | Equity | Banks |
| Bank of Baroda | 3.72% | 952315 | 22.72 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Bank Index Fund - Direct (G) | 613.17 | 10.00% | 5.83% | 12.29% | 4.95% | 12.11% | |
| ICICI Pru Nifty Pharma Index Fund-Dir (IDCW) | 163.10 | 10.82% | 7.50% | 19.23% | 28.78% | 22.91% | |
| ICICI Pru Nifty Pharma Index Fund-Dir (G) | 163.10 | 10.82% | 7.50% | 19.23% | 28.78% | 22.91% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(IDCW) | 191.85 | 9.10% | 6.50% | 19.47% | 26.29% | 22.23% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(G) | 191.85 | 9.10% | 6.50% | 19.46% | 26.28% | 22.23% | |
| Motilal Oswal Nifty Capital Market Index Fund-Dir (G) | 663.12 | 12.68% | 9.35% | 6.59% | 26.19% | - |
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)
₹611.26
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 Rushabh Patel. With assets under management (AUM) worth ₹611.26 (Cr), as of November 12, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 10.42% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹16.24, as on November 12, 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 12.11% 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 100.11% in Equity, -0.11% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 100.05% in Banks, -0.05% 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
FAQs
Navi Nifty Bank Index Fund - Direct (G) is a popular fund in the Index Fund segment. The fund has generated a return of 10.42% 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!