Navi Nifty Bank Index Fund Regular Growth
EquityIndex FundsVery High Risk
Regular
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹647 Cr
Expense Ratio
0.80%
ISIN
INF959L01FU2
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
04 Feb 2022
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹14.26, Assets Under Management (AUM) of 646.77 Crores, and an expense ratio of 0.8%.
- Navi Nifty Bank Index Fund Regular Growth has given a CAGR return of 11.15% since inception.
- The fund's asset allocation comprises around 96.20% in equities, 0.00% in debts, and 3.80% in cash & cash equivalents.
- You can start investing in Navi Nifty Bank Index Fund Regular Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.21%
— (Cat Avg.)
3 Years
+19.07%
— (Cat Avg.)
Since Inception
+11.15%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹622.19 Cr | 96.20% |
| Others | ₹24.58 Cr | 3.80% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹173.09 Cr | 26.76% |
| ICICI Bank Ltd | Equity | ₹156.64 Cr | 24.22% |
| Axis Bank Ltd | Equity | ₹52.29 Cr | 8.09% |
| State Bank of India | Equity | ₹51.57 Cr | 7.97% |
| Kotak Mahindra Bank Ltd | Equity | ₹46.91 Cr | 7.25% |
| IndusInd Bank Ltd | Equity | ₹24.93 Cr | 3.85% |
| Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | Cash | ₹24.58 Cr | 3.80% |
| The Federal Bank Ltd | Equity | ₹22.96 Cr | 3.55% |
| Bank of Baroda | Equity | ₹21.42 Cr | 3.31% |
| IDFC First Bank Ltd | Equity | ₹19.53 Cr | 3.02% |
| AU Small Finance Bank Ltd | Equity | ₹18.03 Cr | 2.79% |
| Canara Bank | Equity | ₹17.93 Cr | 2.77% |
| Punjab National Bank | Equity | ₹16.91 Cr | 2.61% |
Allocation By Market Cap (Equity)
Large Cap Stocks
80.22%
Mid Cap Stocks
15.98%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹622.19 Cr | 96.20% |
Risk & Performance Ratios
Standard Deviation
This fund
14.94%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.63
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Ashutosh Shirwaikar
Since February 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF959L01FU2 | Expense Ratio | 0.80% | Exit Load | No Charges | Fund Size | ₹647 Cr | Age | 3 years 4 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Bank TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Nifty PSE ETF Very High Risk | - | - | - | - |
| Groww Nifty 500 Low Volatility 50 ETF Very High Risk | - | - | - | - |
| Nippon India BSE Sensex Next 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| Nippon India BSE Sensex Next 30 Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| Motilal Oswal BSE India Infrastructure ETF Very High Risk | - | - | ₹5.21 Cr | - |
| Nippon India BSE Sensex Next 30 ETF Very High Risk | - | - | - | - |
| ICICI Prudential Nifty200 Quality 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| ICICI Prudential Nifty200 Quality 30 Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| Motilal Oswal Nifty Next 50 ETF Very High Risk | - | - | ₹2.78 Cr | - |
| SBI NIFTY 200 Quality 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
About the AMC
Total AUM
₹7,777 Cr
Address
3rd Floor, Kolkata, 700 069
Other Funds by Navi Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Ashutosh Shirwaikar
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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