Navi Nifty India Manufacturing Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (25-Jul-24)
₹17.620.56%1D
Returns (Since Inception)
34.44%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹44 Cr
Expense Ratio
0.21%
ISIN
INF959L01GD6
Minimum SIP
₹10
Exit Load
No Charges
Inception Date
26 Aug 2022
About this fund
Navi Nifty India Manufacturing Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Navi Mutual Fund. This fund has been in existence for 1 years and 11 months, having been launched on 26-Aug-22.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹17.62, Assets Under Management (AUM) of 44.32 Crores, and an expense ratio of 0.21%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹17.62, Assets Under Management (AUM) of 44.32 Crores, and an expense ratio of 0.21%.
- Navi Nifty India Manufacturing Index Fund Direct Growth has given a CAGR return of 34.44% since inception.
- The fund's asset allocation comprises around 98.23% in equities, 0.00% in debts, and 1.77% in cash & cash equivalents.
- You can start investing in Navi Nifty India Manufacturing Index Fund Direct Growth with a SIP of ₹10 or a Lumpsum investment of ₹10.
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
+53.53%
— (Cat Avg.)
Since Inception
+34.44%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹43.54 Cr | 98.23% |
| Others | ₹0.78 Cr | 1.77% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Mahindra & Mahindra Ltd | Equity | ₹2.75 Cr | 6.20% |
| Reliance Industries Ltd | Equity | ₹1.92 Cr | 4.34% |
| Tata Motors Ltd | Equity | ₹1.81 Cr | 4.08% |
| Maruti Suzuki India Ltd | Equity | ₹1.75 Cr | 3.94% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.7 Cr | 3.83% |
| Tata Steel Ltd | Equity | ₹1.68 Cr | 3.78% |
| Bharat Electronics Ltd | Equity | ₹1.48 Cr | 3.33% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹1.33 Cr | 3.01% |
| Bajaj Auto Ltd | Equity | ₹1.26 Cr | 2.84% |
| Hindalco Industries Ltd | Equity | ₹1.19 Cr | 2.68% |
| JSW Steel Ltd | Equity | ₹1.04 Cr | 2.35% |
| Siemens Ltd | Equity | ₹0.92 Cr | 2.08% |
| Dr Reddy's Laboratories Ltd | Equity | ₹0.91 Cr | 2.06% |
| Cipla Ltd | Equity | ₹0.91 Cr | 2.06% |
| Hero MotoCorp Ltd | Equity | ₹0.85 Cr | 1.92% |
| Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | Cash | ₹0.78 Cr | 1.77% |
| Eicher Motors Ltd | Equity | ₹0.75 Cr | 1.69% |
| Cummins India Ltd | Equity | ₹0.73 Cr | 1.65% |
| Suzlon Energy Ltd | Equity | ₹0.73 Cr | 1.64% |
| Vedanta Ltd | Equity | ₹0.71 Cr | 1.61% |
| Indian Oil Corp Ltd | Equity | ₹0.71 Cr | 1.60% |
| Divi's Laboratories Ltd | Equity | ₹0.68 Cr | 1.55% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.68 Cr | 1.53% |
| TVS Motor Co Ltd | Equity | ₹0.64 Cr | 1.45% |
| CG Power & Industrial Solutions Ltd | Equity | ₹0.61 Cr | 1.38% |
| ABB India Ltd | Equity | ₹0.61 Cr | 1.37% |
| Pidilite Industries Ltd | Equity | ₹0.57 Cr | 1.28% |
| Havells India Ltd | Equity | ₹0.54 Cr | 1.21% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.53 Cr | 1.19% |
| Samvardhana Motherson International Ltd | Equity | ₹0.53 Cr | 1.19% |
| Dixon Technologies (India) Ltd | Equity | ₹0.53 Cr | 1.19% |
| Supreme Industries Ltd | Equity | ₹0.52 Cr | 1.18% |
| Bharat Forge Ltd | Equity | ₹0.5 Cr | 1.13% |
| Ashok Leyland Ltd | Equity | ₹0.47 Cr | 1.06% |
| Lupin Ltd | Equity | ₹0.46 Cr | 1.04% |
| Jindal Steel & Power Ltd | Equity | ₹0.45 Cr | 1.01% |
| Polycab India Ltd | Equity | ₹0.42 Cr | 0.95% |
| SRF Ltd | Equity | ₹0.41 Cr | 0.93% |
| Aurobindo Pharma Ltd | Equity | ₹0.4 Cr | 0.90% |
| Astral Ltd | Equity | ₹0.4 Cr | 0.89% |
| Voltas Ltd | Equity | ₹0.39 Cr | 0.89% |
| APL Apollo Tubes Ltd | Equity | ₹0.37 Cr | 0.84% |
| PI Industries Ltd | Equity | ₹0.36 Cr | 0.81% |
| Bosch Ltd | Equity | ₹0.34 Cr | 0.78% |
| UPL Ltd | Equity | ₹0.34 Cr | 0.76% |
| KEI Industries Ltd | Equity | ₹0.33 Cr | 0.75% |
| Zydus Lifesciences Ltd | Equity | ₹0.32 Cr | 0.72% |
| Sona BLW Precision Forgings Ltd | Equity | ₹0.31 Cr | 0.69% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹0.3 Cr | 0.69% |
| Balkrishna Industries Ltd | Equity | ₹0.3 Cr | 0.67% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.3 Cr | 0.67% |
| Exide Industries Ltd | Equity | ₹0.3 Cr | 0.67% |
| Solar Industries India Ltd | Equity | ₹0.29 Cr | 0.65% |
| Page Industries Ltd | Equity | ₹0.28 Cr | 0.63% |
| MRF Ltd | Equity | ₹0.26 Cr | 0.58% |
| Carborundum Universal Ltd | Equity | ₹0.25 Cr | 0.56% |
| Schaeffler India Ltd | Equity | ₹0.23 Cr | 0.51% |
| AIA Engineering Ltd | Equity | ₹0.22 Cr | 0.50% |
| Coromandel International Ltd | Equity | ₹0.22 Cr | 0.50% |
| Linde India Ltd | Equity | ₹0.21 Cr | 0.47% |
| SKF India Ltd | Equity | ₹0.2 Cr | 0.46% |
| Tata Chemicals Ltd | Equity | ₹0.2 Cr | 0.45% |
| Deepak Nitrite Ltd | Equity | ₹0.2 Cr | 0.45% |
| Hindustan Zinc Ltd | Equity | ₹0.2 Cr | 0.45% |
| Honeywell Automation India Ltd | Equity | ₹0.19 Cr | 0.42% |
| Escorts Kubota Ltd | Equity | ₹0.19 Cr | 0.42% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹0.18 Cr | 0.40% |
| Grindwell Norton Ltd | Equity | ₹0.17 Cr | 0.39% |
| Sundaram Fasteners Ltd | Equity | ₹0.17 Cr | 0.38% |
| Navin Fluorine International Ltd | Equity | ₹0.15 Cr | 0.33% |
| Century Textiles & Industries Ltd | Equity | ₹0.14 Cr | 0.32% |
| Kajaria Ceramics Ltd | Equity | ₹0.14 Cr | 0.31% |
| Tejas Networks Ltd | Equity | ₹0.12 Cr | 0.28% |
| Castrol India Ltd | Equity | ₹0.11 Cr | 0.26% |
| Bata India Ltd | Equity | ₹0.11 Cr | 0.26% |
| K.P.R. Mill Ltd | Equity | ₹0.09 Cr | 0.21% |
Allocation By Market Cap (Equity)
Large Cap Stocks
63.89%
Mid Cap Stocks
31.34%
Small Cap Stocks
3.00%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹13.52 Cr | 30.50% |
| Industrials | ₹11.54 Cr | 26.04% |
| Basic Materials | ₹8.72 Cr | 19.67% |
| Healthcare | ₹5.68 Cr | 12.81% |
| Energy | ₹3.43 Cr | 7.74% |
| Technology | ₹0.65 Cr | 1.47% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Aditya Mulki
Since August 2022
Ashutosh Shirwaikar
Since August 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF959L01GD6 | Expense Ratio | 0.21% | Exit Load | No Charges | Fund Size | ₹44 Cr | Age | 26 Aug 2022 | Lumpsum Minimum | ₹10 | Fund Status | Open Ended Investment Company | Benchmark | Nifty India Manufacturing TRI |
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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹494.41 Cr | 52.5% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹494.41 Cr | 51.5% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹264.53 Cr | 61.9% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹517.61 Cr | 51.8% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1558.99 Cr | 35.3% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹876.68 Cr | 57.0% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹517.61 Cr | 52.7% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹264.53 Cr | 62.9% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1558.99 Cr | 36.0% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹876.68 Cr | 56.0% |
About the AMC
Total AUM
₹5,731 Cr
Address
3rd Floor, Kolkata, 700 069
Other Funds by Navi Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Navi Nifty India Manufacturing Index Fund Direct Growth?
The NAV of Navi Nifty India Manufacturing Index Fund Direct Growth, as of 25-Jul-2024, is ₹17.62.
What is the portfolio composition of Navi Nifty India Manufacturing Index Fund Direct Growth?
The fund's allocation of assets is distributed as 98.23% in equities, 0.00% in bonds, and 1.77% in cash and cash equivalents.
Who manages the Navi Nifty India Manufacturing Index Fund Direct Growth?
The fund managers responsible for Navi Nifty India Manufacturing Index Fund Direct Growth are:-
- Aditya Mulki
- Ashutosh Shirwaikar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
©2021-2022 Dezerv. All Rights Reserved
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.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.