AM
Aditya MulkiFund Manager Since 18 Mar 2022
EquityIndex Funds
Navi Nifty Bank Index Fund Direct Growth
3Y Annualised
8.21%
-0.17% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-0.25%
-0.17% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
8 years 9 months
NIFTY 50
8 years 3 months
FD
9 years 7 months
Fund info
Fund size
₹611.41 Cr
Min. SIP amount
₹10
Min. Lumpsum amount
₹100
Exit load
0%
Nil
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
SBI Nifty Smallcap 250 ETF
67.70%
2nd
SBI Nifty200 Value 30 ETF
50.81%
3rd
Edelweiss Nifty Smallcap 250 Index Fund Regular Payout Inc Dist cum Cap Wdrl
5.11%
4th
IDBI Nifty 50 Index Fund Direct Growth
3.73%
5th
IDBI Nifty 50 Index Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
3.73%
85th
Navi Nifty Bank Index Fund Direct Growth
-0.25%
Fund Managers
About Navi Nifty Bank Index Fund Direct Growth
Navi Nifty Bank Index Fund Direct Growth is a Equity mutual fund scheme from Navi AMC Limited. This fund has been in existence for 4 years, having been launched on 2022-02-04. Navi Nifty Bank Index Fund Direct Growth has ₹611.41 Cr worth of assets under management (AUM) as of Thu Jun 11 2026. The latest Net Asset Value (NAV) of Navi Nifty Bank Index Fund Direct Growth as of Wed Jun 10 2026 is ₹14.4831. The fund has an expense ratio of 0.15%, which is medium comparable to most other Equity funds.
Navi Nifty Bank Index Fund Direct Growth returns for the last 1 year are -2.22%. Since launch, it has delivered 8.93% average annual returns.
The Navi Nifty Bank Index Fund Direct Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of Navi Nifty Bank Index Fund Direct Growth.
- HDFC Bank Ltd: 18.41%
- ICICI Bank Ltd: 13.58%
- Axis Bank Ltd: 10.04%
- State Bank of India: 9.96%
- Kotak Mahindra Bank Ltd: 9.69%
AMC Information
| Name | Navi AMC Limited |
|---|---|
| Founding Date | 2022-02-04 |
| mf@navi.com | |
| Phone | 033-40185000/022-40635000 |
| Website | https://www.navimutualfund.com/ |
| Address | Peerless Mansion,3rd Floor,,1, Chowringhee Square |
Tax Implications of Navi Nifty Bank Index Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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Navi ELSS Tax Saver Fund Direct Growth
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12.69%
expense ratio
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Navi ELSS Tax Saver Fund Regular Growth
EquityELSS (Tax Savings)
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Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
