Navi Nifty Bank Index Fund - Direct (G)
Index FundNAV
15.25(3.33%)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
8.54%
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 | October 28, 2026 | 10303.13 | 3.03% | - | 3.28% | 792/1301 |
| 1 Month | October 1, 2026 | 10266.36 | 2.66% | - | 2.89% | 565/1281 |
| 3 Month | August 4, 2026 | 9656.61 | -3.43% | - | -2.48% | 721/1244 |
| 6 Month | May 4, 2026 | 10244.84 | 2.45% | - | 1.39% | 388/1202 |
| 1 Year | November 4, 2025 | 9704.23 | -2.96% | -2.96% | -0.13% | 727/1122 |
| 3 Year | November 3, 2023 | 13117.93 | 31.18% | 9.45% | 9.76% | 199/602 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | February 4, 2022 | 14758.20 | 47.58% | 8.54% | 5.92% | 369/1317 |
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 | 122789.92 | 2.32% | 2.32% |
| 3 Year | December 1, 2023 | 3,60,000 | 396014.36 | 10.00% | 3.23% |
| 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
4.91%
Standard Deviation
1.00%
Beta
0.21%
Sharpe Ratio
-0.01%
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 | 18.63% | 1611556 | 114.21 | Equity | Banks |
| ICICI Bank | 14.19% | 658349 | 87.01 | Equity | Banks |
| Kotak Mah. Bank | 10.21% | 1501131 | 62.60 | Equity | Banks |
| Axis Bank | 10.06% | 503266 | 61.70 | Equity | Banks |
| SBI | 9.93% | 634717 | 60.90 | Equity | Banks |
| Federal Bank | 6.57% | 1268471 | 40.26 | Equity | Banks |
| IndusInd Bank | 4.97% | 338267 | 30.49 | Equity | Banks |
| AU Small Finance | 4.85% | 294531 | 29.76 | Equity | Banks |
| IDFC First Bank | 4.54% | 3421345 | 27.86 | Equity | Banks |
| Bank of Baroda | 3.59% | 955767 | 22.04 | 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 | 2.66% | -3.43% | 2.45% | -2.96% | 9.45% | |
| ICICI Pru Nifty Pharma Index Fund-Dir (IDCW) | 163.10 | 3.84% | 2.72% | 16.58% | 22.51% | 22.49% | |
| ICICI Pru Nifty Pharma Index Fund-Dir (G) | 163.10 | 3.84% | 2.72% | 16.58% | 22.51% | 22.49% | |
| Motilal Oswal S&P 500 Index Fund - Direct (G) | 4584.30 | -1.47% | -1.35% | 6.39% | 21.42% | 26.30% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(IDCW) | 191.85 | 4.79% | 3.06% | 17.04% | 20.87% | 21.48% | |
| Edelweiss MSCI I D & W H 45 Index Fund-Dir(G) | 191.85 | 4.79% | 3.06% | 17.04% | 20.86% | 21.48% |
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)
₹613.17
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 ₹613.17 (Cr), as of November 5, 2026, Navi Nifty Bank Index Fund - Direct (G) is categorized as a Index Fund within its segment. The fund has generated a return of 8.54% since its launch.
The current NAV of Navi Nifty Bank Index Fund - Direct (G) is ₹15.25, as on November 5, 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 9.45% 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 100.05% in Equity, -0.05% 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 8.54% 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!